One-on-one with Bill Ford about Mulally's replacement - FOX 26 News | MyFoxHouston

One-on-one with Bill Ford about Mulally's replacement

Posted: Updated:
DEARBORN, Mich. (WJBK) - Alan Mulally, the man who transformed Ford Motor Co. from a dysfunctional money-loser to a thriving company, will retire July 1 and be replaced by Mark Fields, the current chief operating officer.

During his eight-year tenure at Ford, Mulally gambled all of the company's assets on a credit line that kept Ford out of bankruptcy, then used a simple "One Ford" plan to change the company's culture. He was hired away from aircraft maker Boeing Co. in 2006 by Bill Ford, who at the time was running the company.

Now, Ford is the company's Executive Chairman. He had one word for the upcoming leadership transition: seamless.

He talked one-on-one with FOX 2's Taryn Asher about this next chapter for the company. Click the video player above to watch.

Copyright 2014 by myFOXDetroit.com. The Associated Press contributed to this report. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
  • Download the FOX 2 Apps


  • FOX 2 News Five-Day Forecast
  • Local NewsLocal NewsMore>>

  • Minimum wage hike launches this Labor Day

    Minimum wage hike launches this Labor Day

    Monday, September 1 2014 7:30 AM EDT2014-09-01 11:30:54 GMT
    Minimum wage workers across metro Detroit and the rest of the state are getting a small raise this Labor Day.
    Minimum wage workers across metro Detroit and the rest of the state are getting a small raise this Labor Day.
  • All you need to know: Arts, Beats and Eats 2014

    All you need to know: Arts, Beats and Eats 2014

    Monday, September 1 2014 7:28 AM EDT2014-09-01 11:28:22 GMT
    Celebrating its 17th year and returning to the bustling streets of Royal Oak from Aug. 29 - Sept. 1, Ford Arts, Beats Eats presented by FirstMerit Bank will entertain thousands of visitors from across the region with its outstanding music line-up, stellar arts programming, mouthwatering selection of food, and a number of new attractions this Labor Day weekend.
    Celebrating its 17th year and returning to the bustling streets of Royal Oak from Aug. 29 - Sept. 1, Ford Arts, Beats Eats presented by FirstMerit Bank will entertain thousands of visitors from across the region with its outstanding music line-up, stellar arts programming, mouthwatering selection of food, and a number of new attractions this Labor Day weekend.
  • VP Joe Biden speaking in Detroit on Labor Day

    VP Joe Biden speaking in Detroit on Labor Day

    Monday, September 1 2014 7:19 AM EDT2014-09-01 11:19:13 GMT
    Vice President Joe Biden is scheduled to be in Detroit on Labor Day for the second time in three years.
    Vice President Joe Biden is scheduled to be in Detroit on Labor Day for the second time in three years.
Powered by WorldNow

KRIV FOX 26
4261 Southwest Freeway
Houston, TX 77027

Phone: (713) 479-2801
Fax: (713) 479-2859

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices