Sorry, Microsoft: Mulally Wants to Stick with Ford Through 2014
Ford (NYSE:F) CEO Alan Mulally told Bloomberg that he will stay on as the automaker’s CEO until the end of 2014 after reports that the board would allow him to leave early, if he so desired, came out Thursday night.
Reuters reported that Ford’s board has become more comfortable with the idea of Chief Operating Officer Mark Fields taking over as CEO of the company and so told Mulally he could step down sooner than previously planned, according to two people familiar with the matter. It has been speculated that the 68-year-old Mulally will pursue another high-profile job after his time at Ford, including possibly taking over for Steven Ballmer as CEO at Microsoft (NASDAQ:MSFT), or possibly a role in the Obama administration.
Mulally responded to the speculation in an email to Bloomberg, in which he said, “I plan to continue to serve as Ford’s president and CEO until at least the end of 2014.” That’s how long he had been expected to stay with the company until the Reuters report came out Thursday.