Ford’s CEO Alan Mulally Says He Will Not Retire ‘Anytime Soon ’ image

Ford’s CEO Alan Mulally announced that he will not retire ‘anytime soon’, despite rumors that the management has already found a replacement for him.

“My plan is to continue to serve as the CEO of Ford. I think I am really clarifying (my intentions) now. If I had any plans to do anything differently, I would — I would share it with everybody,” Mulally said.

Mulally gave the news yesterday at an event held for the launch of the new 2013 Ford Fusion, in Times Square, New York City. He also said that he had not given the board of directors a retirement date. Last week Ford’s board of directors met to discuss the automaker’s succession plans, and named Americas President Mark Fields, 51, chief operating officer, a move which made all understand that he will be Mulally’s successor.

Ford’s auto sales in Europe dropped 30% in August, more than three times the industry average, but Mulally didn’t confirm a report according to which the company plans to close a plant in Belgium. As part of a $555 million investment, Ford began to add capacity at its Flat Rock facility, in Wayne County, to manufacture the Fusion. The investment will add a total of 1,200 employees at this plant.