Report: Mullaly tells reporters he has no plans to retire

FoMoCo CEO Alan Mullaly told reports in New York today that he has no plans to retire from his CEO position at the company.

“Please don’t write me off,” Mulally, 67, said. “I love serving Ford.”

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It was reported last week that Ford is preparing to promote Mark Fields, currently president of the Americas, to chief operating officer.  Until now, Mulally has not had a COO at Ford. According to sources, the board is making the move to prepare Fields to succeed Mulally.

It was reported that Mulally is expected to retire at the end of next year.

– By: Omar Rana

Source: AutoNews