FoMoCo CEO Alan Mulally has done wonders for the Dearborn-based automaker. In the last three years, Mulally earned Ford $29.5 billion after a $30.1 billion loss from 2006 through 2008. So when is Mulally retiring? Not anytime soon.
At a recent annual meeting in Wilmington, Delaware, Mulally told reporters that he has no timetable for retirement and Executive Chairman Bill Ford is just fine with that.
“We’ve said 2025, maybe it should be 2030,” Ford said as he joked around with reporters.
In 2025, Mulally will turn 80.
“It’s been really fun for the two of us to work together and I for one would like to see it continue for some time,” Ford said.
– By: Omar Rana