Ford Stepping Down as AutomakerÂs Chief Executive
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William Clay Ford Jr. is giving up the chief executiveÂs title after five years. Alan Mulally, an executive at Boeing, will be the president and chief executive.
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DETROIT Refocusing on its core business, Ford Motor on Friday unveiled the beginning of a restructuring plan for its struggling Jaguar division, closing the unit&#39;s main plant and putting its Formula One racing business up for sale.
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Today, Mr. Eisner disclosed that he would step down as chief executive of the Walt Disney Company on Sept. 30, 2006, at the end of his current contract and after 22 years in the job.
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Production giant's chief creative officer stepping down.
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- Ford Motor Co. President Nick Scheele  will retire early next year after 38 years with the No. 2 U.S.  automaker, Ford said on Thursday.
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Ford Motor Co.  said on Thursday the automaker's chief marketing officer and nonexecutive chairman of Volvo Cars, Hans-Olov Olsson, will retire effective January 1, 2007.
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The Ford-owned carmaker is to cut production at its three UK plants by 11% because of poor sales in the US.
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Ford Motor Company has announced the retirement plans of President Nick Scheele and Vice Chairman Allan Gilmour. Chief Operating Officer Jim Padilla will become Ford president and has been elected to the Board
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Ford Motor Co. F.N, the No. 2 U.S.   automaker, said on Friday it would cut annual costs by about $5   billion by the end of 2008 and reduce salaried staff by   one-third, or 14,000 jobs, as part of an accelerated   restructuring.
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Ford Motor Co. yesterday named Boeing Co. executive Alan Mulally to replace chief executive Bill Ford, great-grandson of the struggling automaker's founder. Bill Ford will become executive chairman.
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Ford Motor Co.  said on Thursday  that two of its top executives have decided to retire, a day  before the automaker is expected to announce a new sweeping  restructuring plan.
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Ailing US car firm Ford announces that former Boeing boss Alan Mulally will replace Bill Ford as chief executive.
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The retailer's CEO steps down amid a shakeup in operations.
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Ford sprang a surprise when it declared that Jaguar was moving out of Formula-1 and the team is up for sale or dismantling. That decision gave rise to the speculation that Ford might be considering moving out of World Rally Championship as well.
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Michael Eisner announced plans yesterday to step down as chief executive of Walt Disney in 2006, ending a tenure of more than 20 years in which he has left an indelible mark on one of the best-known brands in the world.
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President Bush called FordÂs chairman to discuss company changes, days after it named a new chief executive.
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Ford Motor Co. Tuesday surprised the auto industry by tapping senior Boeing executive Alan Mulally as its new chief executive officer, succeeding current CEO Bill Ford, who will stay on as chairman.