If there is one chief executive who deserves significant accolades in the U.S. auto sector, it is Alan Mulally of Ford Motor Co. (NYSE: F). Now the public is going to have to get used to the notion of a Ford not being run by Mr. Mulally in the not-so-distant future.
Reports have been out that the board is now considering its replacements for the great CEO. The good news for Ford investors is that this may not take place until late in 2013. The bad news is that if you look at the body language that Mulally has telegraphed, and if you look at the comments from the company, a Mulally departure in the relatively near future seems all but certain. Reports last week showed that Ford might even consider keeping Mulally on as a nonexecutive chairman.
Mulally is set to give the opening keynote speech at…
View original post 118 more words