Archive for the 'Ford Corporate' Category

14
Jan
10

Mulally’s Turnaround Gives Ford CEO Star Status at Auto Show

By Keith Naughton

Jan. 13 (Bloomberg) — Ford Motor Co. Chief Executive Officer Alan Mulally, whose company gained market share in the U.S. last year while his domestic rivals went bankrupt, is the toast of the North American International Auto Show this week.

At the opening press conference Jan. 11, Mulally walked onto a stage in Detroit’s Cobo Arena, where the rock band Kiss recorded a live album in the 1970s. On a screen above him, a globe covered with positive Ford headlines from 2009 spun while Mulally spoke of Ford’s “growth in every region around the world.” The audience filling the red vinyl seats roared.

Ford swept the show’s awards for car and truck of the year and unveiled the Focus compact. The car, which Mulally plans to sell worldwide, attracted throngs of media and auto executives. At Ford’s 54,000-square-foot exhibit, which covers almost a quarter of the convention floor, U.S. House Speaker Nancy Pelosi huddled with Mulally amid red and silver Focus models, while a velvet rope kept reporters at bay.

“We’re not talking about just surviving,” Mulally said during a Jan. 11 filet mignon dinner with reporters at the MGM Grand Detroit casino. “I came to Ford to help turn around a global and American icon.”

Mulally’s star turn comes after a year of moves that set Ford apart from its domestic rivals — avoiding a bankruptcy and federal bailout. The company began the month by posting its first annual gain in U.S. market share since 1995 and the best sales growth in December among its peers.

Continue reading ‘Mulally’s Turnaround Gives Ford CEO Star Status at Auto Show’

01
May
09

2009 Time Magazine’s Top 100:Alan Mulally

By Steve Ballmer

It is extremely rare for one leader to play a major role in two of America’s top industries. Alan Mulally is that rare case.

As president of Boeing’s commercial-airplane business in the late 1990s, he revamped the company’s product mix, transformed production and embraced digital technology. In the process, he made Boeing a model for global manufacturing. He also guided the company through the aftermath of 9/11, which dealt a nearly crippling blow to the aerospace industry. Fast-forward to 2009 and the challenges facing Detroit and the entire global auto industry are daunting. As CEO of Ford Motor Co., Alan, 63, is restructuring a 100-year-old industrial powerhouse in the midst of a crisis that threatens the very survival of our auto industry.

I’m rooting for him. My support is both emotional and rational. My father worked at Ford for more than 30 years. On the business side, the auto industry is an important customer and partner for Microsoft, with a long track record of shared technological innovation.

Changing industries can upset even the most seasoned executive. Not Alan. He understands the fundamentals of business success as well as any business leader I know. He has smartly and sensitively made the transition from airplanes to cars, inspiring confidence and trust in employees, suppliers, shareholders and customers. As the auto industry steers through this critical period, leaders like Alan are essential to delivering on the vision of new energy-efficient vehicles and connected technologies. Ford is fortunate to have a man of his qualities at the wheel.

Ballmer is CEO of Microsoft

Fast Fact: Having already borrowed $22 million privately, Mulally refused a federal bailout




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