Ford Chairman Says Mulally Will Stay on and 2 More Heavily Traded Stocks to Follow
Ford Motor Co. (NYSE:F): Current price $17.14
During an interview Tuesday on Bloomberg Television, Executive Chairman Bill Ford highlighted the abilities of his company’s next generation of executives while saying again that the automaker’s plan for Alan Mulally to remain chief executive. Ford said in regards to Mulally, that “The plan is he’s going to stick around. I’m happy he’s sticking around. But we also feel really good about where we are in terms of succession.” Ford is wants to put the kibosh on speculation of an imminent exit by Mulally, subsequent to AllThingsD and Reuters naming him as a candidate to become the next chief executive of Microsoft Corp.