Alan Mulally and Ford

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Alan Mulally President ad CEO FORD MOTOR COMPANY

Transcript of Alan Mulally and Ford

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Alan Mulally

President ad CEO

FORD MOTOR COMPANY

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Alan Roger Mulally

BORN

Aug. 4, 1945, Oakland, Calif.

EDUCATION> B.S., 1967, and M.S., 1969, Aeronautical and Astronautical

engineering, University of Kansas;

> M.A., Sloan School of Management, Massachusetts Institute of

Technology, 1983

CURRENT JOBPresident and CEO, Ford Motor Company

PROFESSIONAL ACHIEVEMENT

>President and CEO, Boeing Commercial Airplanes

>Led the development of the advanced-technology 777 in the

early 1990s--now the most popular twin-engine jet in its class

FAMILY

Married to Jane "Nikki" Connell; three sons and two daughters

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After 37-years at Boeing where he

started off as an engineer andeventually became executive vice

president, Mulally was appointed

CEO of Ford in 2006.

Industry observers were shocked:

never had someone with absolutely

no car experience been appointedto such a high position.

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President ad CEO

FORD

And it definitely started off as a

bumpy ride.

In 2006, Ford posted a $12.6

billion loss and another $2.7

billion in 2007.

Though Ford’s problems were in place long before

Mulally came to the company, it was still up to him to

do something about it.

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President ad CEO

Mulally was part of the “Detroit Three” automakersthat appeared in the infamous Capitol Hill bailout

hearings. Mulally’s own image took a beating duringthe hearings. However, unlike the other two

companies, Ford did not accept the government-

aided bailout and did not have to file for Chapter 11

bankruptcy protection.

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President ad CEO

FORD

Mulally’s plan for Ford includedcutting labor costs, taking out loans

– more than $23 million worth – andselling non-core brands, such as

Land Rover and Volvo. Today, Ford

has about 120,000 fewer workers

than it did in 2006.

Some people call it one of the

biggest business turnarounds from

the great recession. It also markedthe second act in Mulally’s life.

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President ad CEO

FORD

“We are fighting for the soul of

American manufacturing,” Mulallysaid in an interview with Time

Magazine. “We are leading theway.”

“Communicate, communicate,

communicate,” he said in aninterview with CNN. “Everyone has

to know the plan, its status, and the

areas that need special attention.”

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President ad CEO

FORD

Mulally lives within three miles ofhis office at Ford’s global

headquarters and arrives at 5:15

a.m. every morning and works for twelve hours a day. Every Thursday

morning he has meetings with

Ford’s executives called the

“Business Plan Review.”

“I love what I’m doing,” he said.

“We’re accelerating Henry Ford’s

vision and that is pretty exciting. Idon’t want to retire.”

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Thank You!!!Published by:

MARY ROSE VIRTUCIO©2011

Credits:

HURIEL ALEJANDRO