Mark Fields Says Mulally Is Focused on Ford and Will Not Leave to Microsoft image

Ford executive Mark Fields said that Mulally remains committed to the US automaker and will not leave for Microsoft.

“There’s been no change to what we announced in November,” Fields, chief operating officer since December, told reporters today at a charity fundraising event in Detroit. Mulally is “absolutely focused on the business, particularly on setting a long-range strategy for the company. He’s very engaged.”

Recent reports say that Alan Mulally, 68,might be a possible candidate to lead Microsoft Corp. Earlier this month Mulally said that he plans to remain Ford’s CEO at least by the end of next year. In August, Microsoft CEO Steve Ballmer said that he plans to retire within 12 months, prompting speculation on who will replace him.

Mulally is of utmost importance for Ford, as he helped the automaker avoid bankruptcy in 2009, when GM and Chrysler failed to save themselves and needed the US government’s money. From 2009 to 2012 Ford has earned $35.2 billion, after it had lost $30.1 from 2006 to 2009.

In December, Mark Fields, 52, was named Ford’s COO after he led the North American operations to record high profits. He insisted that reports about Mulally going to Microsoft are all speculations which will not distract the automaker.

“Absolutely not,” he said. “We have so many opportunities in front of us. We’re focusing on those opportunities and not getting distracted by anything.”

Source: Bloomberg