Alan Mulally | TheDetroitBureau.com
Detroit Bureau on Twitter

Posts Tagged ‘Alan Mulally’

Ralph Nader Inducted into Automotive Hall of Fame

Safety advocate changed the industry, saved "1,000s of lives."

by on Jul.22, 2016

Ralph Nader turned safety into a serious issue for the auto industry.

The man once accused of trying to destroy Detroit now has a permanent home in the Motor City.

Ralph Nader, the consumer advocate credited with changing the way the auto industry operates with his critical book, “Unsafe at Any Speed,” was one of four industry legends inducted into the Automotive Hall of Fame on Thursday night, joining retired Ford CEO Alan Mulally, automotive engineer Roy Lunn and Bertha Benz, the wife and financier of pioneer Karl Benz.

Subscribe Now!

“There are thousands of people who would be dead if it weren’t for Ralph Nader,” said publisher Keith Crain as he introduced the 82-year-old Nader to an audience of industry managers and executives gathered for the black tie affair.

(more…)

Ford and Google Deal to Go Beyond Autonomous Vehicles

Partnership will expand Ford’s push into alternative mobility solutions.

by on Jan.04, 2016

Ford is just beginning its own on-road autonomous vehicle testing at its Silicon Valley R&D center.

(c) TheDetroitBureau.com 2016

While last-minute snags could yet delay a formal announcement, Ford Motor Co. and Google are planning to reveal the details of an extensive new partnership during a news conference at the Consumer Electronics Show in Las Vegas this week.

The expansive alliance will provide Ford access to Google’s cutting-edge autonomous vehicle technology, but several sources involved in the program told TheDetroitBureau.com that the deal will go well beyond self-driving cars and explore ways in which connected car technology can create alternative mobility solutions, a pet project of Ford CEO Mark Fields.

Tech News!

Other high-tech providers will join the alliance and, among other things, Ford will be able to test its new technologies at a 1,000-acre proving grounds being set up in North Carolina, according to those sources.

(more…)

Ford Slashes Global Product Platform Count

Fewer platforms but more new products.

by on Jan.19, 2015

Ford's new CEO Mark Fields with the 2015 Edge, one of many new models based on Ford's global platforms.

Hoping to improve its efficiency, driving up margins and driving down costs, Ford has been pushing to eliminate as many regional product platforms as possible. And it’s found ways to go further than originally planned, according to the maker’s CEO.

It will now use just eight separate platforms for its global product line-up, said CEO Mark Fields, during an appearance at an industry confab in Detroit. That’s barely half as many as it had at the beginning of the new millennium, when Ford’s North and South American, European and Asian operations functioned as virtually autonomous entities. And it’s one lower than the goal the maker had set for itself by 2016.

A Global News Platform!

“That yields tremendous benefits to improving the rate at which we introduce new vehicles,” noted CEO Fields during his comments at the Deutsche Bank Global Industry Conference.

(more…)

“Retired” Ford CEO Mulally Resurfaces at Google

Exec could serve as a bridge between Motown and Silicon Valley.

by on Jul.16, 2014

Ford CEO Alan Mulally has been "retired" less than a month, but already has a new "gig" as a member of Google's board of directors.

He’s been “retired” for less than a month, but former Ford CEO Alan Mulally has already resurfaced, shifting gears once again as he enters the high-tech world with a new board position at Silicon Valley’s Google Inc.

The new position actually takes advantage of Mulally’s eight years at Ford, Google itself pressing into the automotive space with new in-car infotainment technology, while also taking a lead in the development of autonomous vehicles.

We Pay Off!

“Alan brings a wealth of proven business and technology leadership experience,” CEO Larry Page commented. “I am so pleased that Alan is now joining Google’s board.” (more…)

New Ford CEO Fields Fares Well with $5 Mil Pay Package

Will fall short of predecessor Mulally's pay.

by on Jul.02, 2014

Ford's new CEO Mark Fields with the 2015 Edge.

He’s taking on more duties, but Ford Motor Co.’s new CEO Mark Fields also will be getting a few more dollars — and perks – after taking over for Alan Mulally, who retired as chief executive on Monday.

In a regulatory filing today, Ford disclosed that Fields will get a pay package in his new position worth at least $5.25 million. That’s on top of a lucrative stock option package, potential bonuses and other benefits including the use of a corporate jet.

We Pay Off!

That’s still short of the pay package taken home by Mulally last year, as he began to wrap up his 8-year stint as Ford CEO, a position from which many credit the former Boeing executive with saving Ford – the only member of the Detroit Big Three not to have gone into bankruptcy or require a federal bailout package.

(more…)

Ford’s Mulally, Fields Make Early, Informal CEO Transition

A rock-star reception.

by on Jun.25, 2014

Ford's incoming CEO Mark Fields with the 2015 Edge.

Officially, Alan Mulally had nearly a week left before his retirement, Mark Fields still in the on-deck circle. But informally, the outgoing Ford Motor Co. CEO handed the baton over to his successor this week during Ford’s annual summer media preview.

The 68-year-old Mulally has spent his last few weeks visiting Ford facilities around the world, “saying thank you,” he explained after dropping in on a morning briefing capped by the preview of the maker’s 2015 Edge crossover.

Inside Insight!

Even after nearly eight years on the job, with retirement approaching fast, Mulally maintained the boyish exuberance that has been a hallmark of his tenure, reminding everyone he spoke with to “continue supporting Ford” under its new leadership. And, more like a rock star than a traditional business exec, Mulally took time to pose for pictures, signing media badges with a personal note and a big heart.

(more…)

Ford’s New CEO Mark Fields: A Detour Makes Him a “Better CEO”

A "WTF expression."

by on May.09, 2014

Ford Chairman Bill Ford, left, with Mark Fields, who will become the maker's new CEO on July 1.

Ford CEO-designate Mark Fields is happy to have been tapped by Ford chairman Bill Ford and the Dearborn automaker’s board of directors to succeed CEO Alan Mulally this July. But it wasn’t always so.

The day before Bill Ford announced that Alan Mullaly as CEO on Sept. 5, 2006, word of the Boeing Co. executive’s arrival at Ford was handed out to the senior staff, including Americas President Fields. After the meeting, Fields, who has long had a special relationship with Bill Ford, appeared in the scion’s office door with what Bill Ford described in an interview with me in 2007 as what might be described today as a “WTF expression.”

Insight!

Fields, then President of the Americas, had already started weaving the narrative in his head that he would, or at least might, succeed Bill Ford as CEO of Ford. The arrival of Mulally, an outsider, was throwing that story off the tracks. “I told him (Fields) very frankly that Alan was going to make him a much better CEO when his time came,” Bill Ford related in an interview with me.

(more…)

Mulally’s Departure the Worst-Kept Secret in Detroit

Bill Ford offers praise for CEOs old and new.

by on May.01, 2014

Despite an outside search, few expected Ford to turn to anyone but Mark Fields as its next CEO.

It was, arguably, the worst-kept secret in Detroit, but even when Ford issued an early morning news alert, an advisory to attend a session at its suburban headquarters, it wasn’t ready to confirm what almost everyone already knew: CEO Alan Mulally would be retiring, his replacement to be current Ford COO Mark Fields.

That isn’t to say there weren’t a few unknowns that had Detroit’s automotive news corps racing to “Glass House,” as the Ford office tower is known. For one thing, when would the transition take place – and would it result in a shake-up among the rest of Ford’s management team.

In the Know!

In fact, Mulally acknowledged he would be leaving earlier than he had signaled previously, July 1, rather than waiting for the end of the year. But the 53-year-old Fields was getting the job he seemed destined for after being named chief operating officer in late 2012.

“I know this isn’t exactly a well kept secret,” said Ford Chairman Bill Ford Jr., who said he was  pleased that the company could move forward with  a smooth leadership transition.

(more…)

Ford CEO Mulally to Retire July 1, Fields Named New CEO

Maker promises “orderly succession.”

by on May.01, 2014

Retiring Ford CEO Alan Mulally poses with the 2015 remake of the Mustang.

Promising an “orderly succession,” Ford today confirmed recent, widespread rumors that CEO Alan Mulally would be retiring, his successor to be the maker’s current Chief Operating Officer Mark Fields.

A former Boeing sensior executive, Mulally has won widespread praise during his eight-years at “Glass House,” Ford’s headquarters in the Detroit suburb of Dearborn. His One Ford strategy has been credited with helping the once-struggling automaker avoid the bankruptcy filings forced on cross-town rivals General Motors and Ford during the depths of the nation’s Great Recession. Fields, in turn, has been seen as the man that helped put Mulally’s strategy in play.

Breaking News!

From the first day we discussed Ford’s transformation eight years ago, Alan and I agreed that developing the next generation of leaders and ensuring an orderly CEO succession were among our highest priorities,” Executive Chairman Bill Ford – great-grandson of company founder Henry Ford — said. “Mark has transformed several of our operations around the world into much stronger businesses during his 25 years at Ford. Now, Mark is ready to lead our company into the future as CEO.”

(more…)

Both GM, Ford Expected to See Sharp Drop in Q1 Earnings

GM likely to take major hit as it pays for nearly 7 million recalls.

by on Apr.23, 2014

GM CEO Mary Barra will see a sharp decline in earnings for her first full quarter as CEO.

The numbers aren’t likely to look very good when General Motors and Ford Motor Co. release their first-quarter earnings results this week, both makers expected to post sharp declines from year-ago levels.

Ford had signaled a likely slide late last year as a result of the numerous new product launches it will have in 2014. But GM’s anticipated downturn is likely to be significantly greater than first forecast as a result of its on-going recall problems – an issue expected to continue to haunt new CEO Mary Barra for some time to come.

Breaking News!

A consensus of industry analysts forecasts GM will deliver a meager 9 cents per share in earnings for the first three months of 2014, and Brian Johnson, an automotive analyst with Barclays Plc is even more bearish, predicting the U.S. giant will go a penny into the red. Prior to the announcement of GM’s initial ignition switch recall in mid-February, Johnson was looking at a profit of 20 cents, which would still have been down sharply from the 67 cents per share it earnings during the first quarter of 2013.

(more…)