Watch The Staff Take The Icy Plunge Along With A Mess Of Automotive Celebrities
Unless you've been living in an off-the-grid cabin in the woods for the last couple of weeks or abstain entirely from social media activities, you've probably seen someone you know dump a bucket of ice and water over their own head recently. While the origins of the so-called Ice Bucket Challenge are shrouded in a history typical of Internet memes, its effectiveness in raising money and awareness for the ALS Association has been astonishing.
Ford Motor Company is announcing a major personnel shakeup that could have a dramatic effect on the future of the Lincoln division. Kumar Galhotra (pictured above), currently vice president of engineering at Ford for all of its vehicles worldwide, is taking over as the president of the luxury brand on September 1, replacing Jim Farley. The automaker is also hiring a new head of advanced engineering.
Mark Fields' travels on the friendly skies will soon be a relatively personal affair, as the new CEO at Ford will be required to resume air travel via the company's private planes. Fields caught plenty of flak in 2007 for flying on the company's dime to visit his family in Florida. He's since flown commercial.
Lincoln fans might want to give incoming Ford CEO Mark Fields a pat on the back for having a hand in saving the brand from the chopping block last year. He's among the people spearheading the rejuvenation of the division away from its stodgy image to appeal to younger customers.
Ford CEO Alan Mulally has less than a week left in his role of leading the Blue Oval before he hands off duties to Mark Fields on July 1. It doesn't look like Mulally is going to be shuffling off into his retirement anytime soon, though. The 68-year-old is being rather secretive about his next move, but he tells Bloomberg in a recent interview that he plans to stay close to Ford. Also, if Fields wants to ask for any advice, Mulally is happy to help.
We've heard rumblings of a changing of the guard at Ford, and this live stream from The Blue Oval itself confirms the rumors: Alan Mulally will be succeeded by the automaker's current Chief Operating Officer, Mark Fields.
Ford CEO Alan Mulally may be about to announce his long-rumored retirement from the Blue Oval, according to a pair of insiders who spoke to Bloomberg. An official statement on the succession could arrive as soon as May 1. Chief Operating Officer Mark Fields is rumored to step up as the new CEO. The company is said to be readying the announcement soon to ensure an orderly transition of power, according to the insiders.
A few years back, Volkswagen made some waves when it announced the Golf GTD - a diesel-powered car that, aside from its ultra-efficient, ultra-torquey engine, was identical to the gas-powered GTI. That meant cosseting sport seats, larger wheels, sportier suspension, larger brakes and a body kit that made the GTD indistinguishable from the GTI, except for the three little letters on the back and in the grille.
Automakers and their executives rarely like to divulge information regarding future goings on, but the board of directors at Ford sound like they're getting a little antsy about chief executive officer Alan Mulally and his plans for 2014.
Bill Ford went on the offensive to combat the rumors that CEO Alan Mulally would leave Dearborn for Steve Ballmer's vacated position leading Microsoft, adding that even if the 68-year-old, former Boeing exec were to depart, the Ford executive team is in a good place.
Ford's board is open to CEO Alan Mulally stepping down before his planned departure in 2014, inside sources are telling Reuters. Ford's plan of succession, aside from who would be his actual successor, has been something approaching common knowledge – the 68-year-old former Boeing exec had plans to stay through 2014. This was recently confirmed by Mulally himself on Bloomberg Television and in Automotive News.
I was fortunate to get one-on-one chats with two top GM technology leaders (John Lauckner and Larry Nitz) at this year's Detroit North American International Auto Show, but no other automaker offered that opportunity. However, while I was resting and enjoying lunch in Ford's media lounge, in walked Ford's newly-promoted chief operating officer (and likely successor to CEO Alan Mulally) Mark Fields.
New Jersey born and raised, Mark Fields has grittiness that will get him top Ford job
Ford Motor Co. is expected to soon name its current chief of North America and South America the new chief operating officer, thus all but cementing his position as CEO Alan Mulally's replacement at the auto maker next year.
According to Bloomberg, Ford is preparing to announce Mark Fields as its new Chief Operating Officer, putting him second in command to CEO Alan Mulally. Fields, 51, currently serves as Ford's President of the Americas, and this promotion would clearly put him in line to eventually take over as Chief Executive Officer of Ford once Mulally retires.
Call it a job creation dividend of rescuing the U.S. auto industry. Ford Motor Co. is adding 1,200 workers to a suburban Detroit factory to build the 2013 Fusion sedan, a sign of confidence that the revamped sedan will be a big hit when it goes on sale this fall.
In response to my last column on this subject – Future Fuel Economy Mandates, Part I: 54.5 mpg is going to be hard to reach – commenter TxPatriot wondered why (non-hybrid) modern cars can't deliver the 53-58-mpg fuel economy he says his 1989 Geo Metro does. "I've yet to receive a satisfactory answer to this question," he wrote.
Ford Motor Co. today made several big-name executive and boardroom announcements, including the appointment of a former Republican presidential candidate, but none changed the almost certain succession of CEO and President Alan Mulally.
There's little question that bringing Alan Mulally on board at Ford was the smartest move the company made in decades, nor is there much debate that credit for the company's salvation is largely due to his office. But could his number be up?
How do you replace the man credited by Time Magazine with managing "the biggest business turnaround of the Great Recession?" That's a very good question, and one that the Ford board of directors is grappling with as company CEO Alan Mulally edges closer to retirement age.