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Tue 5 Sep 2006 23:48

New Ford Chief Exec - rtj70

Following on from the "demise of PAG" thread, Bill Ford is no longer Chief Executive at Ford. An ex-Boeing boss (Allan Mullaly) now fills that post. Bill is still chairman.

So all that has been rumoured based on what Bill Ford said may come about faster or not at all with a new chief exec. Oh and they lost $1.3 billion in the first 6 months of 2006... I know that feeling but I'd have checked the back of the sofa first.

news.bbc.co.uk/1/hi/business/5318426.stm

As the article says, it's not only someone outside of Ford taking over but someone outside of the car industry. Lou Gerstner turned IBM around and he was not from a computer background though. Carly Fiorina didn't sort HP but it's back on track now since she got fired.

Anyway next major Ford headline IMHO is a tie-up with Renault/Nissan I suspect... before GM do it.

Rob

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Wed 6 Sep 2006 01:52

New Ford Chief Exec - NowWheels

Why doesn't Ford simply shut its US operations? The rest of the business appears to be in much much better shape.

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