September 06, 2006

Ford's Offical Press Release

DEARBORN, Mich., Sept. 5 - Ford Motor Company announced today that it has elected Alan Mulally as president and chief executive officer. He has also been elected to the Board of Directors.

Bill Ford will continue his duties as executive chairman of the company.

"One of the three strategic priorities that I've focused on this year is company leadership. While I knew that we were fortunate to have outstanding leaders driving our operations around the world, I also determined that our turnaround effort required the additional skills of an executive who has led a major manufacturing enterprise through such challenges before," Bill Ford wrote in an email to Ford employees today.

"That's why I'm very pleased to announce that Alan Mulally, who turned around the Commercial Airplanes division of The Boeing Company, will become our president and CEO, effective immediately. Alan has deep experience in customer satisfaction, manufacturing, supplier relations and labor relations, all of which have applications to the challenges of Ford. He also has the personality and team-building skills that will help guide our Company in the right direction."

Read the whole thing here

Posted by Quality Weenie at September 6, 2006 07:41 AM | TrackBack