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Ford's Alan Mulally Not Leaving for Microsoft

Motor Trend logo Motor Trend 1/8/2014 Christian Seabaugh

Ford CEO Alan Mulally says he's staying put at the Blue Oval. Ending months of speculation, Mulally told the Associated Press that he has no plans to leave his position at Ford for the open CEO spot at Microsoft.

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Alan Mulally with Ford Focus Electric© Provided by MotorTrend Alan Mulally with Ford Focus Electric Mulally, who told the AP that the constant speculation that he was jumping ship for Microsoft was becoming a distraction for Ford, said in a recent interview, "I would like to end the Microsoft speculation because I have no other plans to do anything other than serve Ford."

Ford's contract with Mulally has the CEO staying on as chief of Ford until at least the end of this year, and Mulally says he has every intention of sticking to that time frame. "You don't have to worry about me leaving," he said.

While a CEO leaving his position is no doubt newsworthy, Mulally leaving Ford is more so considering the impact he's had on the company. Mulally, who joined Ford from Boeing back in 2006, is responsible for instituting Ford's successful "One Ford" business plan, turning Ford into a true global automaker with one lineup shared around the world. Mulally can also take credit for saving Ford from bankruptcy at the beginning of the recession; he mortgaged all of Ford's assets for a $23.5 billion loan soon after he joined the automaker, avoiding the restructuring that befell crosstown rivals Chrysler and GM.

Waiting in the wings is Ford COO Mark Fields. Fields, Mulally's likely successor, currently splits day-to-day leadership duties with Mulally, leaving Mulally to focus on long-term issues like Lincoln's future and improving Ford's CAFE numbers.

Ford CEO Alan Mulally 2 Ford's Alan Mulally Not Leaving for Microsoft

Source: Associated Press

Ford CEO Alan Mulally 2© Provided by MotorTrend Ford CEO Alan Mulally 2
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