Alan Mulally – Wikipedia, the free encyclopedia

13 Jun 2014 | Author: | Comments Off on Alan Mulally – Wikipedia, the free encyclopedia
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Alan Mulally

Charles R. Mulally

Lauraine Lizette Mulally [ 1 ]

Alan Roger (born August 4, 1945) is an engineer and business executive who is the and Chief Executive Officer of the Motor Company. Ford, had been struggling during the recession. returned to profitability Mulally and was the only American car manufacturer to avoid a bailout provided by the government. [ 3 ] [ 4 ] Mulally’s at Ford are chronicled in the book, An Icon: Alan Mulally and the to Save Ford Motor by Bryce G. Hoffman published in

Boeing [ edit ]

Mulally led the team of the first all-digital deck in a commercial aircraft, as here in the cockpit of the Boeing 767 .

was hired by Boeing immediately out of in 1969 as an engineer. He held a of engineering and program management making contributions to the Boeing 737. 747. 757.

767 and 777 He led the cockpit design team on the project. Its revolutionary design the first all-digital flight in a commercial aircraft, the first two man for long range aircraft, and a type rating for pilots on two aircraft. He worked on the 777 program as director of engineering and, September 1992, as vice-president and manager. [ 11 ]

He was later named as Vice of Engineering for the commercial airplane He is known and recognized for elevating Condit’s Working Together-philosophy and beyond the 777-program. In 1994, was promoted to senior vice of Airplane Development and was in charge of all development activities, flight operations, certification, and government liaison.

In 1997, Mulally the president of the Information, Space Systems and senior vice [ 12 ] He held this position 1998 when he was made of Boeing Commercial Airplanes. Executive Officer duties added in 2001. [ 11 ]

Following the resignations of Phil Condit in and Harry Stonecipher in 2005, was considered one of the leading internal for the CEO position. [ 13 ] When Mulally was over in both instances, were raised about he would remain with the

For Mulally’s performance at Boeing, Week Space Technology him as person of the year for 2006. [ 5 ]

Ford Motor Company [ ]

An automobile has about 10,000 parts, right? An airplane has two and it has to stay up in the air. (on being How are you going to tackle something as and unfamiliar as the auto business we are in such tough financial

Alan Mulally, 2007 [ 14 ]

was named the President and CEO of Ford Company on September 5, 2006, William Clay Ford, who remained as Executive Chairman of the Board of Directors. [ 15 ] Mulally his Lexus LS430 the ‘finest car in the just as Ford was about to his selection as CEO, making the that Ford was not then in a position, though he then some criticism and switched to Ford models. [ 16 ] [ 17 ] William Ford Jr. had been searching for his as Ford CEO for some time, Daimler AG ‘s Dieter and Renault /Nissan Motors Carlos Ghosn both down the offer.

One of Mulally’s decisions at Ford was to bring the Taurus nameplate. He said he could not understand why the company scrapped the Taurus, which had one of the company’s best sellers losing ground in the late [ 18 ]

Mulally took over The Way restructuring plan at Ford to around its massive losses and market share. [ 19 ] Mulally’s initiatives led to the company’s first quarter in two years. [ 20 ] Dividends to were also suspended. [ 21 ]

In Mulally led the effort for Ford to US$23.6 billion by mortgaging all of assets. Mulally said he intended to use the money to finance a overhaul and provide “a cushion to for a recession or other unexpected [ 22 ] At the time, the loan was interpreted as a of desperation, but is now widely credited stabilizing Ford’s financial compared to crosstown rivals Motors and Chrysler. both of had gone bankrupt during the industry crisis of 2008–2009. was the only one of the Detroit Three did not ask for a government loan. [ 23 ] In May 2009, chairman William Clay who hired Mulally, said Alan was the right choice [to be and it gets more right day. [ 14 ]

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In 2007, he presided over the of Jaguar Cars and Land to Tata Motors. an Indian car and manufacturer. Mulally said he had no over the sale, preferring to on the Ford brand, as then-CEO Nasser was criticized in 2001 for too much attention to new overseas while letting the main operations in the US decline. Ford US$2.3 billion on the sale, below what they for it under Nasser and Donald However, analysts said Ford would have much less or may not have a buyer if they tried to it later in 2008, as Jaguar Rover sales subsequently due to high oil prices in the summer, Tata to request a bailout the British government. [ 24 ] Mulally sold off Aston Martin and Cars. and reduced Ford’s in Mazda. [ 23 ]

In 2008, amid losses during an economic Ford announced a proposal on 2, 2008, to cut Mulally’s salary to $1 per if government loans were and used by Ford. [ 25 ] [ 26 ] During for government loans to Ford, he and industry leaders were for flying to Washington, D.C. in jets. During a subsequent he traveled from Detroit to by a Ford-built hybrid electric while selling all but one of the company’s jets. [ 27 ]

In 2008, Mulally earned a compensation of $13,565,378, which a base salary of $2,000,000, awards of $1,849,241, and option of $8,669,747. His total compensation by 37.4% compared to 2007. [ 28 ]

Due to his at Ford, he was included in the 2009 100 list. The entry, written by Ballmer. says, [Mulally] the fundamentals of business success as as any business leader I know. [ 29 ]

In Mulally was named Person of the by the The Financial Times ArcelorMittal in Business Awards. [ 30 ] He was also the 2011 CEO of the Year by Chief magazine. [ 31 ]

In 2012, Mulally was the honorary degree of Doctor of by the University of Kansas for his notable to engineering and the transportation industry. [ 32 ]

On November 1, 2012, Ford that Mulally will with the company at least 2014. [ 33 ] It was reported in September that Mulally may step earlier than 2014 as he other roles. The board reportedly be sympathetic to this [ 34 ]

Management style [ edit ]

says you can’t make off small cars. Well, better damn well out how to make money because where the world is going.

He within three miles of his at Ford’s global headquarters in Michigan. arrives at 5:15 AM day, and works for twelve He has a meeting with Ford’s called a Business Plan every Thursday at 7:00 AM in the Room at Ford Headquarters. [ 14 ] At a meeting of 100 information technology in February 2007, Mulally We have been going out of for 40 years . and has repeated this to other employee groups. [ 35 ]

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