Friday, November 2, 2012

Ford names chief operating officer, a move seen as succession plan

Mark Fields will run day-to-day operations as Alan Mulally, who will remain CEO till at least 2014, focuses on long-term strategy and the struggling European unit.

Ford Motor Co. all but announced a formal succession plan Thursday by naming Mark Fields, its president of the Americas, the automaker's new chief operating officer responsible for the day-to-day operations of its global business.


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