Alan Mulally has no plans to retire just yet. The 65-year-old Ford CEO is still going strong at the helm in Dearborn, and is working to get his company back up to an investment-grade credit rating. Still, Bill Ford, Jr. explained to reporters last week that the former Boeing CEO's replacement will probably come from within the company.

According to The Detroit News, Ford went as far as to say it would be "very unusual" if Mulally's replacement came from outside. The executive chairman elaborated, explaining that Mulally holds "Business Performance Review" meetings every Thursday, encouraging execs from different wings of the company to participate and learn as much as they can about the business as a whole. In part, the meetings are designed to help "train the next generation" of leadership for the company.


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  • 13 Comments
      nardvark
      • 3 Years Ago
      They brought in an outsider because the corporate culture was broken. Now that Mulally has helped established what appears to be a much more functional Ford management culture, why would they deliberately disrupt it?
      • 3 Years Ago
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      • 3 Years Ago
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      Sgt Beavis
      • 3 Years Ago
      There are some really ignorant comments here. Well run companies promote from within because they do a good job of developing new executives. This is one of Mulally's changes since arriving at Ford. Before his arrival they didn't do nearly enough to develop future leaders. The article makes a good point of one of his major changes in Ford's corporate culture. Ford's jr execs don't live in their own little world any longer. They are fully engaged with all the other moving parts of the company. I hope Mulally is Ford's CEO for a long time but it seems to me that he is doing a great job of preparing his eventual replacement.
      Making11s
      • 3 Years Ago
      I'll take the job.
      Delicia Dawn Kouzeva
      • 3 Years Ago
      Alan R. Mulally , a man that puts his company before anything! What a great man!!! Man of the year! CEO of the year! He leaned up Ford and pulled Ford out of finanical crisis. They problem is many loyal consumers paid the price ,for his "success". decades of fires, deaths, and broken lives. Ford and Texas Instruments knew during the development stages of the new quieter cruise control switch, that the switch leaked! Texas Instruments explained the fire dangers to Ford, and Ford gave the green light, knowingly placing this defective part in at least 20 million vehicles. Domestic Terrorism or Corpporate Greed ? A 21.00 switch or time bomb? How can this man sleep at night? And if corpporations are people, why aren't they in jail?
      SloopJohnB
      • 3 Years Ago
      So now Ford can promote someone from within the company to continue Mulally's program? Not. Ford is just as hidebound as any of the other American automotive companies and just as likely to regress into bad old ways. Simply put, the one thing American car companies can do is product product product....the new Corvettes, V-series Cadillacs, even Buick Lacrosse and all the Ford Shelby/Mustangs are the only American cars I've seen in the last five years worth driving to a US car dealer to look at (ok, I didn't buy one, but I LOOKED, and that's more than I did from 1973..last American car...to 2011) other than a Viper.
      CBJMNWLD
      • 3 Years Ago
      This is code for...SELL STOCK NOW.
      Chip
      • 3 Years Ago
      Would Jim Farley or Mark Fields be the frontrunners for this?
      Brent Wilson
      • 3 Years Ago
      Looks like Autoblog finally caught up with the internet.
      • 3 Years Ago
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