Filed under:
Hirings/Firings/Layoffs,
Ford,
Lincoln
Ford shored up its executive team this morning, announcing not only a series of promotions, but confirming that popular CEO
Alan Mulally will remain at Ford through at least 2014. The announcements arrive amid speculation about Ford's succession plan and who would ultimately replace Mulally, 67, who has been credited with Ford's recent revival.
Bill Ford, the great-grandson of Henry Ford and executive chairman at Ford, made the announcement during a last-minute press conference Thursday. He also reviewed a series of other promotions to firm up Ford's top executive team.
"The strength of our people and stability of our team are competitive advantages for Ford," said Bill Ford. "We are fortunate to have Alan's continued leadership as well as talented senior leaders throughout our company who are developing and working together and delivering on our plan."
Mark Fields, the president of the Americas, will move into the chief operating officer's position making him the No. 2 executive at Ford and responsible for all business operations, while Mulally will remain at the top developing long-term strategic planning.
Other key appointments include: Joe Heinrichs, President of The Americas; Stephen Odell, President of Europe, Middle East and Africa; Jim Farley, Head of Global Marketing, Sales and Service, as well as head of global Lincoln; David Schoch, President Asia Pacific; and John Lawler, CEO of Ford Motor China.
Scroll down to read the official press release.
Continue reading Ford shakes up executives, Mulally to stay through 2014
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Official: Ford shakes up executives, Mulally to stay through 2014
