Ford CEO Mulally Steps Down and Fields Steps Up - Presented by: The Aol. On Network

"Alan on behalf of Ford Motor Co, for everything you've done, thank you, you've been absolutely the best." And with that, at a town hall at Ford headquarters, the company made it official. After eight years, CEO Alan Mulally will step down on July 1 and longtime Ford executive Mark Fields will take the helm. Mulally is widely credited with helping rescue Ford in one of its darkest periods, from a company hemorrhaging cash to one that turns a profit.



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