Ford names Mark Fields new CEO
Saturday, 3 May 2014
NEW YORK, May 2 (AFP): Ford Motor Thursday tapped Mark Fields as chief executive, accelerating a leadership transition as it aims to capitalize on momentum from a turnaround chartered by outgoing chief Alan Mulally.
Fields, 53, will take reins from Mulally, 68, on July 1, six months ahead of the original plan, said Ford executive chairman Bill Ford in a statement.
"Alan and I feel strongly that Mark and the entire leadership team are absolutely ready to lead Ford forward, and now is the time to begin the transition," said Bill Ford.