Alan Mulally, one of the greatest leaders the automotive has seen, has no plans to retire anytime soon. However, when Mulally does decide to pack his bags and leave his job as CEO of Ford Motor Company, his successor will most likely come from within the company’s top ranked executives, said Executive Chairman Bill Ford. [...]
FoMoCo’s President and CEO Alan Mulally was paid $26.5 million while Executive Chairman Bill Ford received $26.4 million in salary bonus and long-term stock options and awards in 2010. The pay packages are by far the industry’s most lucrative ones. Both Mulally and Bill Ford received salaries of $1.4 million for 2010. Mulally received a [...]
FoMoCo’s CEO Alan Mulally and Executive Chairman Bill Ford Jr., are going to be partying hard this coming weekend. According to its filing with the Securities and Exchange Commission on Monday, Mulally was awarded stock worth $56.5 million before taxes, while Bill Ford got stock worth $42.4 million. Of course, Mulally’s compensation is well worth it [...]
Those who were fearing a price war in the American automotive industry can relax a bit. Ford Motor Co. Executive Chairman Bill Ford said Thursday that his company will be holding the line on price discounts, though some other company’s, such as GM and Toyota, have been more than aggressive. “One of the things that [...]
While popular Detroit CEO Alan Mulally has no plans to retire soon, Ford apparently has a lot of internal talent needed to hire the next chief from within the company, Executive Chairman Bill Ford said. In an interview with Reuters, Bill said that Mulally has groomed a strong team of potential successors for whenever he [...]
FoMoCo’s Executive Chairman Bill Ford, who just got paid after a 5-year pay freeze, said that he expects some investors may reduce their holdings in his company to buy shares of General Motors as the company files for an initial public offering. Bill said that investors may make the move to spread their risk across [...]
After a 5-year pay freeze, FoMoCo’s Executive Chairman Bill Ford Jr. is getting paid again. The details were released in a Securities and Exchange Committee filing and stated that Bill will be paid $4 million in salary and in stock options with a current value of $11 million to $12 million. The total payout represents [...]
FoMoCo”s executive chairman Bill Ford Jr. announced this week to shareholders that dividend payments would not be made until the automaker pays off more of its debt. That being said, he also mentioned that shareholders were barely in a position to complain, considering the soar in stock value and the fact that this year ended [...]
Speaking on the sidelines at the Fortune Brainstorm Green conference, FoMoCo’s Chairman Bill Ford Jr. said on Monday that the company is open to partnerships in green technology but will be cautious in committing to any alliance. “We are always open to it but I think we will be careful before we jump,” Bill Ford [...]
Bill Ford Jr., Chairman of FoMoCo, has no plans to return to the job of Chief Executive Officer in the future. In an interview with Reuters, Bill said that if he has his way, Alan Mulally will put off his own retirement until the middle of next decade. He said that when the job for [...]
