The Wenatchee World

Weather:

Weather

The latest extended forecast from The Weather Channel

Remove this weather forecast

Today

Hi71° Sunny

Tonight

Lo46° Mostly Clear

Sunday

Hi72° Sunny

Sunday Night

Lo48° Mostly Clear

Monday

Hi77° Sunny

Monday Night

Lo51° Mostly Clear

Tuesday

Hi77° Mostly Sunny

Tuesday Night

Lo53° Mostly Cloudy

Wednesday

Hi68° Chance Showers

Wednesday Night

Lo50° Slight Chc Showers

Ford’s Fields to replace Mulally as CEO July 1

Send to Kindle
Print This

DEARBORN, Mich. — 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.

View my options or Sign in