2011 CEO: Ford’s Alan Mulally image

Alan Mulally, the man who saved Ford from a deep financial crisis and made it hugely successful again, has been named today “2011 Chief Executive of the Year”.

Nominations are garnered from readers of Chief Executive magazine. The 10 most frequently cited nominations were evaluated and a winner voted upon at a meeting of a peer Selection Committee.

“The success he showed in the face of incredible difficulty was just extraordinary,” said James Turley, chairman and CEO, Ernst & Young and member of the 2011 Selection Committee. “The foresight he showed throughout the process, the courage he showed in making some tough decisions on popular brands, the global mindset he showed, and above all, the statesmanship he showed when two major competitors were on the public dole shows he was thinking for the good of the country as well as his company and industry.”

Prior CEO of the Year winners include Bill Gates, Jack Welch, Michael Dell, A.G. Lafley, John Chambers,Anne Mulcahy, Larry Bossidy, Andy Grove and Herb Kelleher.

The 2011 CEO of the Year Selection Committee was comprised of Dan Glaser (CEO, Marsh), Hugh Grant(CEO, Monsanto), Fred Hassan (Chairman, Schering-Plough), William Hickey (CEO, Sealed Air), C. Robert Henrikson (CEO, MetLife), Christine Jacobs (CEO, Theragenics), Kristian P. Moor (CEO, Chartis),William R. Nuti (CEO, NCR), Steve Odland (former CEO, Office Depot), Thomas J. Quinlan III (CEO, R.R. Donnelley), Jeffrey Sonnenfeld (CEO, The Yale Chief Executive Leadership Institute), and James Turley(CEO, Ernst & Young). Tom Saporito, Chairman of RHR International, was an advisor to the Selection Committee.