The Wenatchee World

Weather:

Weather

The latest extended forecast from The Weather Channel

Remove this weather forecast

Memorial Day

Hi77° Scattered Showers

Tonight

Lo57° Slight Chc Thunderstorms

Tuesday

Hi76° Chance Showers

Tuesday Night

Lo59° Chance Showers

Wednesday

Hi83° Slight Chc Thunderstorms

Wednesday Night

Lo60° Slight Chc Thunderstorms

Thursday

Hi87° Mostly Sunny

Thursday Night

Lo62° Partly Cloudy

Friday

Hi89° Mostly Sunny

Friday Night

Lo62° Partly Cloudy

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