ford ceo successor ‘likely from within\
Last Updated : GMT 06:41:18
Arab Today, arab today
Arab Today, arab today

Ford CEO successor ‘likely from within\'

Arab Today, arab today

Arab Today, arab today Ford CEO successor ‘likely from within\'

Mackinac Island - Arabstoday

Ford Motor Co Executive Chairman Bill Ford said on Friday it is likely that the company will look inside its own ranks for the successor to Chief Executive Alan Mulally, whenever Mulally decides to leave. \"Part of my job is to look everywhere; but I really like our inside talent and it would be very unusual if we didn\'t pick somebody from the inside,\" said Ford. Ford said that Mulally, 65, has not signalled that he is near the end of his CEO tenure. He took over a flagging Ford in 2006 and guided it through a turnaround to profitability. Ford made his comments to reporters on the sidelines of the Detroit Regional Chamber\'s annual Mackinac Policy Conference in northern Michigan. Ford said that weekly meetings of Ford executives allow each executive to be involved or at least witness decision-making on the highest level for major company policies. Prior to Mulally\'s arrival, Ford executives rose in the ranks of the company in a \"silo\" that created leaders strong in specific areas but not as well-rounded as the current crop of rising executives, Ford said. \"[We\'ll have] a much better-trained group of executives when Alan does decide to leave,\" Ford, 54, said. \"I actually feel really good about Alan staying. As I say, he loves it, and, obviously, I couldn\'t be happier with how he\'s doing. \"But, also, in terms of the next generation, we\'re going to have a really strong next generation.\" Earlier this year, Ford said that in 2006 he had to go outside the company because the bench was spare on developed talent and many of the top executives were in their first big job. Among executives often mentioned as possible successors for Mulally are Jim Farley, Ford\'s top marketing executive; Mark Fields, the head of Ford\'s operations in North and South America; and Joe Hinrichs, head of Ford\'s operations in Asia and Africa, including the fast-growing China and India markets. Ford said that he finds last week\'s economic data, including a report of a rise in US unemployment, \"troubling.\" However, he said: \"I don\'t see any sign yet that we\'re headed towards a double-dip [recession]. In terms of Ford, we\'ve gotten ourselves into fighting trim to get through tough times. I think we\'re in this slow-growth mode,\" he said of the US economy. The Ford scion said that Fiat SpA\'s plan to buy all of the US government\'s shares in Chrysler Group LLC \"is a great thing. Sergio\'s done a really nice job.\" Ford referred to Sergio Marchionne, who took over as Chrysler chief executive in 2009, the year Chrysler went through a government-sponsored bankruptcy. \"Chrysler has always been a very scrappy company in terms of being able to get through tough times. My hat\'s off to them. I think that from here on in, it\'s all about executing against our respective plans.\" Marchionne told reporters in Toledo, Ohio, on Friday that a Chrysler initial public offering is not likely until 2012.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

ford ceo successor ‘likely from within\ ford ceo successor ‘likely from within\

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

ford ceo successor ‘likely from within\ ford ceo successor ‘likely from within\

 



Arab Today, arab today
Arab Today, arab today Skincare PR Performance Full Year 2017

GMT 10:35 2018 Monday ,22 January

Skincare PR Performance Full Year 2017
Arab Today, arab today New hunt for flight MH370 gets under way

GMT 02:36 2018 Wednesday ,24 January

New hunt for flight MH370 gets under way
Arab Today, arab today Modern colorful bedroom renovation

GMT 11:23 2017 Thursday ,21 December

Modern colorful bedroom renovation
Arab Today, arab today France sanctions businesses linked

GMT 01:58 2018 Wednesday ,24 January

France sanctions businesses linked
Arab Today, arab today Turkey detains dozens more

GMT 02:09 2018 Wednesday ,24 January

Turkey detains dozens more
Arab Today, arab today
Arab Today, arab today

GMT 07:22 2017 Thursday ,23 November

Zimbabwe's next leader heads home after Mugabe exit

GMT 20:34 2018 Saturday ,20 January

Bahrain press headlines

GMT 22:38 2018 Tuesday ,23 January

Bahrain Press headlines

GMT 07:23 2017 Thursday ,23 November

Zimbabwe's next leader heads home after Mugabe exit

GMT 16:25 2016 Thursday ,22 December

Italian bank Monte Paschi edges closer to state bailout

GMT 06:03 2014 Wednesday ,09 April

Please .. Let Gaza breathe!

GMT 09:12 2017 Friday ,17 November

Gleam Futures represents Grace Beverley

GMT 04:18 2017 Sunday ,26 November

Bella magazine appoints celebrity writer

GMT 06:00 2017 Sunday ,29 October

Childrenswear brand Once appoints Dyelog

GMT 16:33 2014 Thursday ,13 November

Al-Ehtimam Bil Aakhareen

GMT 03:34 2017 Sunday ,05 November

Needle & Thread relocates press office

GMT 14:56 2017 Thursday ,21 December

Ryanair says formally recognises pilots' union

GMT 16:03 2017 Thursday ,21 December

US hits Myanmar general in new global rights sanctions
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday