Mulally will not retire before making Ford profitable again

Posted on Friday, 31 July 2009 , 13:07:41 byEmil

Filed under fordmulallyceoretiremoneyprofitfomocoFordNone

Mulally will not retire before making Ford profitable again

Lots executives of FoMoCo have retired – quite typically by the age 65 and Alan Mulally - 1 of our most desirable car executives, the CEO of Ford, is turning in the upcoming month... 64. but, Mulally will not retire before making Ford profitable again.

'As long as I’m contributing, I’m honored to serve Ford' affirmed Mulally. 'But I’m one person on a fabulous team'. Perhaps it's the truth, but Mulally is a celebrity in the automotive world on Wall Street, having many investors and analysts working, worrying, thinking about the future of Ford without him.

The only manufacturer from the U.S. that hasn't received yet any bailout capital, surprised last week the people on Wall Street with a an amazing 2nd-quarter profit of... 2.3 billion Dollars.