Ford Says It Isn’t Searching for Successor to CEO Mulally

Ford Motor Co. hasn’t begun a search for a successor to Chief Executive Officer Alan Mulally, a company spokeswoman said, contradicting a report in the Wall Street Journal.

Karen Hampton, the company official, said a story published by the newspaper saying the Dearborn, Michigan-based automaker has begun a search to replace Mulally, the former Boeing Co. executive who kept the No. 2 U.S. automaker out of bankruptcy, wasn’t accurate.

“The story is false,” Hampton said in an e-mail. “As Bill Ford has consistently said, we will always consider both internal and external candidates for any succession plan, but we do not have a search underway for an external CEO successor.”

Read Full Article from BusinessWeek

- Posted: 2011-12-06 11:25:18

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