Boston, MA 12/17/2013 (wallstreetpr) – The chances are high that Ford Motor Company (NYSE:F) may soon get a new CEO as the company seems more ready to see new leadership. According to sources close to the automaker and the Reuters reports as well as series of events indicate that the company’s chief operating officer, Mark Fields, couls assume the big role.
Events indicative of the Buzz
A strong hint for the anticipated change is the absence of Ford’s Alan Mulally from the Weekly meetings of the automaker’stop executives. Few people close to the matter also affirmed the feeble chances of Mulally to remain CEO through 2014. While Mulally is seen as a strong contender among the Microsoft’s list of candidates, his position at Ford is likely to be passed to the Fields,52.
How ‘Ford’ looks without Mulally
Analysts have questions about the future road map for the No.2 U.S. automaker after Mulally exit. The future of the company without Mulally, the person behind the automaker’s profitable run and who is considered as savior during the 2009 bailout, looks challenging. Some of the concerns linger around are the company’s quality issues in North America, its struggling brand, Lincoln, and its position againstrivals in Asia. This all comes down to the fact that how fair Ford will be under the new leadership.
After the transition
The transition would be a milestone for the company, which has witnessed not too many handovers in its history of 110 years. While Mulally comfortably averted the exit discussions in the recent past, the company’s directors are more eager to close in the transition, ahead of the company’s biggest car launch including the Mustang sports car.
The company’s new meetings headed by Fields, clearly reflects the Mulally way of working and it is to be seen if the Ford continues to maintain its profitability after the transition.
