Mulally has no intentions of retiring before bringing Ford to sustained profitability

Many FoMoCo executives have typically retired by the age of 65 and one of our favorite automotive executives, Ford’s CEO Alan Mulally, is turning 64 next month. However, Mulally has no intention of retiring before bring Ford back to sustained profitability.

“As long as I’m contributing, I’m honored to serve Ford,” Mulally said. “But I’m one person on a fabulous team.”

While that may true, Mulally is known as an automotive celebrity on Wall Street, with many analysts and investors worrying about Ford’s future without him.

Ford, the only American automaker that has yet to received any bailout money, surprised Wall Street with a $2.3 billion second-quarter profit last week.

– By: The Daily Auto Editor

Source: Detroit News