Mark FieldsBill Ford tells shareholders to be patient about stock price 11:21 am U.S. ET | May 9, 2013  Executive Chairman Bill Ford asked for patience from Ford Motor investors who pressed him about the company's languishing stock price at the automaker's annual meeting here today. Despite 15 straight profitable quarters, Ford's share price has lagged the S&P 500's gains for about two years.... Read More »
Ford's top execs devote much more time to China 12:01 pm U.S. ET | April 15, 2013  During a recent visit to China, Ford COO Mark Fields ran the company's global business-plan review meeting -- a weekly gathering that includes all of the company's senior leaders -- from Ford's China headquarters in Shanghai. The meeting ran until 1 p.m. Detroit time, or 1 in the morning for Fields in Shanghai. Such a late-night scenario likely won't be his last. Fields, CEO Alan Mulally and the rest of Ford's leadership team are turning their attention eastward.... Read More »
Ford to give Mulally bonus payment after he retiresFeb. 20, 2013 06:01 CET  Ford is planning to pay a bonus to CEO Alan Mulally after his employment ends as a reward for leading the automaker through its turnaround.... Read More »
Ford to give Mulally bonus payment after he retires 11:12 am U.S. ET | Feb. 19, 2013  Ford is planning to pay a bonus to CEO Alan Mulally after his employment ends as a reward for leading the automaker through its turnaround.... Read More »
FINAL ASSEMBLY Learning to lead Ford, Fields studies Lincoln 12:01 am U.S. ET | Jan. 28, 2013  Life has changed quite a bit for Mark Fields since he began running Ford's business plan review meetings, which each morning bring together the leaders of all the company's business units to discuss global operations. Fields says leading the daily discussions requires a ton of homework.... Read More »
Europe woes won't derail Ford's momentum, executives sayJan. 15, 2013 09:44 CET  A more profitable lineup and lower costs protect Ford from persistent weakness in Europe and increased competition in the U.S. auto market, Ford executives said.... Read More »
Ford's community relations arm to invest $10 million in Detroit 3:49 pm U.S. ET | Dec. 18, 2012 Ford Motor and its community relations arm today committed $10 million to a program aimed at strengthening a Detroit neighborhood.... Read More »
L.A. AUTO SHOW Looming fiscal cliff troubles auto execs 12:01 am U.S. ET | Dec. 3, 2012  The uncertainty and emotional fallout from the game of chicken in Washington could take a toll beyond the dollars in consumers' pockets, some executives suggest.... Read More »
Detroit unnerved by looming fiscal cliff 2:04 pm U.S. ET | Nov. 28, 2012  Ford is making contingency plans, including possible production cuts, should the nation's economy falter if President Barack Obama and Congress go over the fiscal cliff during budget deficit and tax talks.... Read More »
2012 LOS ANGELES AUTO SHOW 'One Ford' strategy to remain top focus, Fields says 9:40 pm U.S. ET | Nov. 28, 2012  Ford has spent the last six years developing a global product strategy under CEO Alan Mulally. Building on the plan is Mark Fields' top priority when he starts running the automaker's global operations next month.... Read More »
Ford to upgrade, extend warranty on MyFord touch-screen system 4:20 pm U.S. ET | Nov. 28, 2012  Ford will upgrade and extend the warranty by two years on its MyFord Touch system following a series of consumer complaints and poor reviews of the automaker's touch-screen entertainment and navigation system. Ford has improved the voice recognition capability and navigation in what it calls "version 3.5" of the software, Mark Fields, Ford's head of the Americas, said on Wednesday. Ford will offer the first wave of updates to some users on Dec. 10.... Read More »
Bill Ford: Fiscal cliff agreement 'vitally important' 1:36 pm U.S. ET | Nov. 19, 2012  A deal between President Barack Obama and Congress to avoid the fiscal cliff is critical to the United States economy’s health and to Ford Motor, the company’s executive chairman said today.... Read More »
Ford sees margins shrinking as buyers shift to small cars 4:06 pm U.S. ET | Nov. 14, 2012  Ford said its record profit margins are shrinking in North America as buyers downsize from trucks to small cars. The shift will reduce Ford’s North American margins to 8 percent to 10 percent over time, down from 12 percent in the third quarter.... Read More »
NEWS ANALYSIS Mulally, then Fields and then ... 12:01 am U.S. ET | Nov. 5, 2012  Alan Mulally will stay Ford Motor Co. CEO at least through 2014. Joe Hinrichs (pictured) will return from the Asia Pacific Africa region to head Ford's business in the Americas. Oh, yeah, and Mark Fields is Ford's COO. The shuffle makes Fields the undisputed top candidate to replace Mulally, 67. Hinrichs is next in line in the succession chain.... Read More »
Ford names Fields COO, putting him in line to become chief executive 9:06 am U.S. ET | Nov. 1, 2012  Ford Motor appointed Mark Fields, president of the Americas unit, as COO, putting him in line to succeed Alan Mulally when he retires no sooner than the end of 2014. The appointment was part of a sweeping overhaul of Ford's executive ranks unveiled today. Joe Hinrichs, currently group vice president and head of Asia Pacific Africa, will succeed Fields as chief of Ford's Americas unit.... Read More »
Ford names Fields COO, putting him in line to become chief executiveNov. 1, 2012 15:06 CET  Ford named Mark Fields, president of the Americas unit, as COO, putting him in line to succeed Alan Mulally when he retires no sooner than the end of 2014. The appointment was part of a sweeping overhaul of Ford's executive ranks.... Read More »
Ford board deliberates on successor for MulallyOct. 12, 2012 06:01 CET  Ford's board discussed a succession plan for CEO Alan Mulally at its monthly meeting on Thursday, according to a person familiar with the discussions. The board is preparing to promote Mark Fields to COO from president of the Americas as part of a plan to have him eventually succeed Mulally, said the person, who asked not to be named revealing board deliberations. The meeting ended without directors announcing a resolution, said another person familiar with the gathering.... Read More »
Ford board deliberates on successor for Mulally 7:19 pm U.S. ET | Oct. 11, 2012  Ford Motor Co.'s board discussed a succession plan for CEO Alan Mulally at its monthly meeting on Thursday, according to a person familiar with the discussions. The board is preparing to promote Mark Fields to COO from president of the Americas as part of a plan to have him eventually succeed Mulally, said the person, who asked not to be named revealing board deliberations. The meeting ended without directors announcing a resolution, said another person familiar with the gathering.... Read More »
Mulally: No plans to retire as Ford CEO 12:19 pm U.S. ET | Sept. 18, 2012  Ford CEO Alan Mulally said today he has no plans to retire from the second-biggest U.S. automaker. "Please don't write me off," Mulally, 67, told reporters in New York. "I love serving Ford." Ford's board is preparing to promote Mark Fields to chief operating officer from president of the Americas, as part of a plan to have him eventually succeed Mulally, according to a person familiar with the deliberations.... Read More »
NEWS ANALYSIS New Ford Focus -- If chosen COO, Fields' to-do list is challenging 12:01 am U.S. ET | Sept. 17, 2012  When Mark Fields is named heir apparent to Ford Motor Co. CEO Alan Mulally, a pile of thorny problems will land on his desk. Ford sources say that anointing will happen, probably sooner rather than later, even though press reports that the board would name Fields as Ford COO last week proved false.... Read More »
FINAL ASSEMBLY Where are they now: Mark Fields and the Ford also-rans 12:01 am U.S. ET | Sept. 17, 2012  Back in 2008 there were six candidates to succeed Alan Mulally as Ford's CEO. Now, as a Ford insider says, it is Mark Fields' job to lose after widespread reports that he is about to be appointed as COO.... Read More »
NICK BUNKLEY 'Ford's next top executive': Stay tuned 11:18 am U.S. ET | Sept. 14, 2012  The Detroit Lions have Ford Field. Neighboring Dearborn, it appears, will soon have Fields' Ford. By promoting Mark Fields to COO, Ford Motor Co. would send a clear signal that he is in line to be CEO after Alan Mulally -- try to stay calm here -- retires. Hmm, because everything seems to about marketing these days, I smell opportunity for the folks in the Glass House.... Read More »
Mulally could stay at Ford as nonexecutive chairman, report says 1:46 pm U.S. ET | Sept. 13, 2012  Ford's board of directors is considering keeping CEO Alan Mulally involved with the automaker, after his retirement, as the board's nonexecutive chairman, a person familiar with the matter told Reuters today. The board concluded a regularly scheduled meeting today, and no announcements are planned, a Ford spokesperson said.... Read More »
Ford prepares to name former Europe chief Fields as COO, report saysSept. 12, 2012 06:01 CET  Ford directors are preparing to promote Mark Fields to COO from president of the Americas, a move that anoints him as probable successor to CEO Alan Mulally, a person familiar with the plan told Bloomberg.... Read More »
Ford's reported succession plans welcomed by U.S. dealers 8:32 pm U.S. ET | Sept. 11, 2012  Several Ford dealers on Tuesday welcomed news that the Ford Motor board of directors may be preparing a succession plan to move the company forward after CEO Alan Mulally retires. Bloomberg reported Ford's board is likely to name Ford President of the Americas Mark Fields as COO, putting him in line to succeed Alan Mulally as CEO. Bloomberg, citing a person familiar with the plan, reported Mulally may retire at the end of next year.... Read More »
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 Ford's Hinrichs: 'We've learned lessons from the last few years'Ford's new Americas boss Joe Hinrichs says the hobbled launch of the Lincoln MKZ has been his biggest... Mon., May 13» Watch the Video |
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