Ford begins search for post-Mulally CEO: source - Page 2
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Thread: Ford begins search for post-Mulally CEO: source

  1. #11
    The Spaminator ausrutherford's Avatar
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    Re: Ford begins search for post-Mulally CEO: source

    Quote Originally Posted by usa1 View Post
    Jim Farley presents a terrible image for Ford. I hope it's not him.
    Id bet an arm that its Fields.
    Have Ford Sales in Markets Not Included in this POST? Email Me

    GO TIGERS! BCS Orange Bowl Champs!


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    Re: Ford begins search for post-Mulally CEO: source

    A Ford spokeswoman said there is no search underway.

    Chairman Bill Ford Jr. has repeatedly said the company would like to fill the position from within. Mr. Mulally and Mr. Ford declined to be interviewed on the matter, but Mr. Ford said in a written response to questions: "At Ford, we are fortunate to have a strong list of internal candidates and the Board is pleased to support their further development. While our preference always will be to develop talent internally, we also survey the external environment for potential candidates as a regular course of action."

    All the top candidates have a good resum. Mr. Martens led product development for Ford until 2005, when he left the company. He was at former auto supplier ArvinMeritor Inc. before joining Novelis. Mr. Krafcik worked in product development for Ford for 14 years before leaving in 2004 to join Hyundai.

    Mr. Fields leads Ford's North and South American operations, now the principal profit center at the company. He led the recent turnaround of North America and overcame early troubles to become one of Mr. Mulally's top lieutenants. Mr. Hinrichs worked atGeneral Motors Co. before joining Ford. He was in charge of manufacturing before being put in charge of Asia two years ago.

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    Re: Ford begins search for post-Mulally CEO: source

    Why would they be looking for a Mullaly replacement NOW???


    Mullaly will be around till Lincoln is fully remade and back in the spotlight........AT THE MINIMUM.

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    Re: Ford begins search for post-Mulally CEO: source

    imho any well-run business of sufficient size has on-going discussions of how to best use the talents of its employees - esp its execs

    also imho, there is No Way those discussions will be able to leak before the company chooses to let the news out

    so this is either raw speculation or planned publicity
    NEITHER of which have any real bearing on the outcome...

    ...that's not to say it's wrong

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    Re: Ford begins search for post-Mulally CEO: source

    considered posting this separately but the topics covered are pretty general
    and
    could be looked at (by me) as Mark Fields publicly 'auditioning' for the top job

    Mark Fields on "Autoline This Week"


    ^ imho he did good

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    Mark Fields: Ford's Mr. Inside & Heir Apparent - NYTimes.com

    Fords Mr. Inside, in Sight of the Crown - NYTimes
    By BILL VLASIC
    Published: February 18, 2012

    ...The Ford Motor Company, his employer for the last 23 years, is in the midst of a remarkable turnaround. Since the American auto industrys big wreck in 2008, Ford has reported 10 consecutive profitable quarters. And Ford, the only one of Detroits Big Three that wasnt bailed out by taxpayers, has steadily gained market share with each new product it has introduced. To top it off, the biggest contributor to this comeback, by far, is Mr. Fieldss business unit, which encompasses all of Fords manufacturing and sales in North and South America...

    ...We do have a lot to celebrate, and we have a wonderful opportunity to take the business to the next level, Mr. Fields said in an interview just before the meeting. The key is not getting and I hate this word complacent....

    ...So instead of opening his weekly management session that February morning with a glowing recap of Fords $8.8 billion operating profit for 2011, he instead passed out a sheaf of news reports casting doubt on its future, including one headlined, Are Fords Best Days Behind Them?"

    And while Fords global operating margins were a relatively healthy 6 percent in 2011, they fell far short of the 9 percent at rivals like Volkswagen and Hyundai. Among all automakers, Ford ranked only sixth in profits earned on each vehicle sold.

    No one wants to say, Were No. 6, said Amit Singhi, the Americas division controller.

    Thats exactly the message that Mr. Fields wanted to drive home. With its international operations struggling, Ford urgently needs better margins from its core business in the United States to continue to grow. Its impressive recovery, he said, will mean little if results plateau now.

    All the hard work has gotten us to this point, he said. Its like weve gotten to base camp on Mount Everest, and now we have to climb the mountain....

    ...the retirements of Mr. Booth, 63, and Mr. Kuzak, 60, who have been instrumental in Fords recovery, are the first signs of a changing of the guard...

    ...During a wide-ranging interview, Mr. Fields frowns only when asked about his chances to run Ford after Mr. Mulally. Very simply, my ambition is just to contribute as much as I can to the profitable growth of Ford, and that means running the Americas, he said. Otherwise you get distracted. And Im not going to allow that to happen....


    MORE of long article

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