Wall Street PR

Alan Mulally Like to Quit from Ford Motor Company’s (NYSE:F) Top Job

Boston, MA 10/02/2013 (wallstreetpr) – Ford Motor Company (NYSE:F), one of the oldest U.S. based automaker company has major plans in making certain crucial changes in the company’s top level management. Recently, news came out which reveals that Alan Mulally, CEO of Ford Motors is likely to step down from his current role. As a replacement, the management is thinking to appoint Mark Fields, Present Chief Operating Officer of Ford Motors in the CEO position. The COO position of the company remained vacant for several years, until Fields assumed the position last year.

Microsoft Corporation’s (NASDAQ:MSFT) Chief Executive Steve Ballmer after serving the U.S. software giant for almost 33 years decided to quit from his position. Ballmer, who served as the CEO of the company since 2000, declared about his decision to reitre, in one of his speech, last month. Microsoft however till now haven’t named anybody who will be replacing Ballmer. There are speculations which are going on that the software giant is holding internally discussing with Ford Motor’s CEO Alan Mulally. The management of Microsoft also showed significant interests to appoint Mulally as Ballmer’s successor and it is very likely that he will be bagging the top job of Microsoft Corporation.

Mulally have excellent leadership skills. He is key person behind Ford’s success and has often helped the company to bail it out from a critical, troublesome position. The automaker company, under Mulally’s leadership turned around and posted first quarterly profits after a gap of nearly 2 years. Ford was also one of the very few American companies which didn’t require any sort of government loans to fight the aftershocks of the Great Recession of 2008. Most of its competitors availed government loans to bail themselves out from the severe financial crisis. Microsoft’s new launches, be it a hardware product launch or an OS launch didn’t remain successful over the past couple of years. The company presently needs someone like Mulally, who have the abilities to turnaround the company.

Published by Donna Fago

I believe in writing content Informing investors with the knowledge they need to invest better today- I have been following the markets for many years and was asked to join the team at WallStreetPR.com recently due to my passion for the markets.