Alan Mulally

{{Infobox person

| name = Alan Mulally

| image = Alan Mulally 2013-01-30 001.jpg

| caption = Mulally in 2013

| birth_name = Alan Roger Mulally

| birth_date = {{Birth date and age|1945|8|4}}

| birth_place = Oakland, California, U.S.

| death_date =

| death_place =

| spouse = Nicki Mulally

| children = 5

| alma_mater = {{Ubl

| University of Kansas, Lawrence (BS) (MS)

| Massachusetts Institute of Technology (MSM)

}}

| known_for = {{ubl

| Former president and CEO of Ford Motor Company

| Former CEO of Boeing Commercial Airplanes

}}

Alan Roger Mulally (born August 4, 1945) is an American aerospace engineer and manufacturing executive. He was the CEO of Boeing Commercial Airplanes from 1998 to 2006, and later as president and chief executive officer of the Ford Motor Company from 2006 to 2014.

He began his career with Boeing as an engineer in 1969 and was largely credited with Boeing's resurgence against Airbus in the mid-2000s.{{cite magazine |last1=Mecham |first1=Michael |last2=Velocci |first2=Anthony L. Jr. |date=January 1, 2007 |title=Alan R. Mulally is AW&ST's Person of the Year |url=https://aviationweek.com/awin/alan-r-mulally-awsts-person-year |magazine=Aviation Week & Space Technology |access-date=June 17, 2019 |url-access=subscription}} Mulally is also widely credited with turning around Ford during the Great Recession, when American competitors were declared bankrupt and were bailed out by the federal government.{{cite news |last=Schepp |first=David |url=http://www.dailyfinance.com/story/ford/ford-may-see-record-third-quarter-earnings/19687719/ |title=Ford May See Record Third-Quarter Earnings |work=Daily Finance |access-date=2010-10-25 |date=2010-10-25 |archive-url=https://web.archive.org/web/20101028140915/http://www.dailyfinance.com/story/ford/ford-may-see-record-third-quarter-earnings/19687719/ |archive-date=2010-10-28 |url-status=dead}}{{Cite web | url = https://charlierose.com/videos/15706 | title = Alan Mulally-Charlie Rose Interview | first1 = Alan | last1 = Mulally | first2 = Charlie | last2 = Rose | date = July 27, 2011 | access-date = May 30, 2019 | archive-url = https://web.archive.org/web/20170411142110/https://charlierose.com/videos/15706 | archive-date = April 11, 2017 | url-status = live }} Mulally's achievements at Ford are chronicled in the book American Icon: Alan Mulally and the Fight to Save Ford Motor Company by Bryce G. Hoffman, published in 2012. On July 15, 2014, he was appointed to the Board of Directors of Google,{{cite news | url = https://www.cnbc.com/2014/07/15/alan-mulally-joins-googles-board-of-directors.html | title = Alan Mulally joins Google's board of directors | work = CNBC | agency = Reuters | date = July 15, 2014 | access-date = July 15, 2014 | archive-url = https://web.archive.org/web/20140723162056/https://www.cnbc.com/id/101826784 | archive-date = July 23, 2014 | url-status = live }} a position which he had left by 2024.{{cite web |title=Board of Directors |url=https://abc.xyz/investor/board-and-governance/ |website=Alphabet Investor relations |publisher=Alphabet |access-date=15 January 2024}}

In 2015, Mulally was inducted into the International Air & Space Hall of Fame at the San Diego Air & Space Museum.Sprekelmeyer, Linda, editor. These We Honor: The International Aerospace Hall of Fame. Donning Co. Publishers, 2006. {{ISBN|978-1-57864-397-4}}.

Early life

Mulally was born in Oakland, California, the son of Lauraine Lizette (Clark) and Charles R. Mulally, who met at a USO dance.{{cite news|url=http://www2.ljworld.com/obituaries/2010/aug/14/lauraine-mulally/|title=Obituaries: Lauraine Lizette Clark Mulally 1920 - 2010|newspaper=Lawrence Journal-World|access-date=2010-09-27|date=2010-08-14| archive-url= https://web.archive.org/web/20101001084902/http://www2.ljworld.com/obituaries/2010/aug/14/lauraine-mulally/| archive-date= 1 October 2010 | url-status= live}}{{cite magazine|title=Resume:Alan Mulally|url=http://www.businessweek.com/magazine/content/01_27/b3739180.htm|magazine=Bloomberg Businessweek|access-date=2006-09-06|date=2001-07-01|archive-url=https://web.archive.org/web/20050906112810/http://www.businessweek.com/magazine/content/01_27/b3739180.htm|archive-date=September 6, 2005| url-status = dead}} Mulally grew up in his mother's hometown of Lawrence, Kansas, where he was a member of Plymouth Congregational Church. He considered Rev. Dale Turner "a mentor and an inspiration".{{cite news|last=Tu|first=Janet I.|url=https://archive.seattletimes.com/archive/20060607/daleobit07m/the-rev-dale-turner-dies-a-very-gentle-guiding-hand|title=The Rev. Dale Turner dies: "a very gentle guiding hand"|newspaper=The Seattle Times|access-date=2010-09-27|date=2006-06-07|archive-url=https://web.archive.org/web/20161027025503/http://community.seattletimes.nwsource.com/archive/?date=20060607&slug=daleobit07m|archive-date=October 27, 2016| url-status = live}} He used to sit at the front of the church to study the minister's influence on the congregation. Mulally said that he found himself motivated at the age of 17 by president John F. Kennedy's challenge to send a man to the moon.{{cite magazine|title=Ford's New Top Gun|url=http://www.businessweek.com/magazine/content/06_38/b4001042.htm|magazine=Bloomberg Businessweek|access-date=2010-09-27|date=2006-09-18|archive-url=https://web.archive.org/web/20100325155612/http://www.businessweek.com/magazine/content/06_38/b4001042.htm|archive-date=March 25, 2010|url-status=dead}}

=Education=

Mulally graduated from the University of Kansas, also his mother's alma mater, with Bachelor of Science (1968) and Master of Science (1969) degrees in aeronautical and astronautical engineering. He was also a member of Kappa Sigma fraternity.{{Cite web| url = http://engr.ku.edu/ford-ceo-ku-alumnus-named-kappa-sigma-man-year| title = Ford CEO, KU Alumnus Named Kappa Sigma Man of the Year| website = engr.ku.edu| date = April 22, 2008| publisher = University of Kansas School of Engineering| access-date = May 30, 2019| archive-url = https://web.archive.org/web/20190530145408/http://engr.ku.edu/ford-ceo-ku-alumnus-named-kappa-sigma-man-year| archive-date = May 30, 2019| url-status = live}} He received a Master's degree in Management (S.M.) as a Sloan Fellow from MIT's Sloan School of Management{{cite news|url=http://www.boston.com/news/education/higher/specials/mit150/mitlist/?page=full|title=The MIT 150: 150 Ideas, Inventions, and Innovators that Helped Shape Our World|newspaper=The Boston Globe|date=May 15, 2011|access-date=August 8, 2011|archive-url=https://web.archive.org/web/20110519002514/http://www.boston.com/news/education/higher/specials/mit150/mitlist/?page=full|archive-date=May 19, 2011|url-status=live}} in 1982.{{cite web|title=Executive Biographies: Alan Mulally|publisher=Boeing|url=http://www.boeing.com/companyoffices/aboutus/execprofiles/mulally.html|archive-url=https://web.archive.org/web/20060831153720/http://www.boeing.com/companyoffices/aboutus/execprofiles/mulally.html|archive-date=2006-08-31|access-date=2006-09-05|date=May 2006}}

Career

=Boeing=

File:Alaska7.jpg.]]

Mulally was hired by Boeing immediately out of college in 1969 as an engineer. He held a number of engineering and program management positions, making contributions to the Boeing 727, 737, 747, 757, 767, and Boeing 777 projects. He led the cockpit design team on the 757/767 project. Its revolutionary design featured the first all-digital flight deck in a commercial aircraft, the second two-man crew for long range aircraft after the Airbus A300, and a common type rating for pilots on two different aircraft. He worked on the 777 program first as director of engineering and, from September 1992, as vice president and general manager.

He was later named as vice president of Engineering for the commercial airplane group. He is known and recognized for elevating Phil Condit's "Working Together" philosophy through and beyond the 777 program. In 1994, Mulally was promoted to senior vice president of Airplane Development and was in charge of all airplane development activities, flight test operations, certification, and government technical liaison. In 1997, Mulally became the president of the Boeing Information, Space & Defense Systems and senior vice president.[http://media.ford.com/article_display.cfm?article_id=24203 Ford Company's Alan Mulally Biography] {{webarchive|url=https://web.archive.org/web/20070219051013/http://media.ford.com/article_display.cfm?article_id=24203 |date=2007-02-19 }} Retrieved 29 July 2011 He held this position until 1998 when he was made president of Boeing Commercial Airplanes; chief executive officer duties were added in 2001.

Following the forced resignations of CEOs Phil Condit in 2003 and Harry Stonecipher in 2005 of parent The Boeing Company, Mulally was considered one of the leading internal candidates for the position.{{cite news | url = http://seattletimes.nwsource.com/html/businesstechnology/2002200371_boefuture08.html | title = With Stonecipher ouster, Boeing faces CEO dilemma | newspaper = The Seattle Times | first1 = Dominic | last1 = Gates | date = March 8, 2005 | access-date = 2006-09-05 | via = seattletimes.nwsource.com | archive-url = https://web.archive.org/web/20110914204544/http://seattletimes.nwsource.com/html/businesstechnology/2002200371_boefuture08.html | archive-date = September 14, 2011 | url-status = live }} When Mulally was passed over in both instances, questions were raised about whether he would remain with the company.

For Mulally's performance at Boeing, Aviation Week & Space Technology named him as person of the year for 2006.

=Ford Motor Company=

Image:George Bush visit Kansas City Assembly.jpg at the Kansas City Assembly Plant in Claycomo, Missouri on March 20, 2007, touring Ford's new hybrid cars]]

{{quote box|width=216px|quote="An automobile has about 10,000 moving parts, right? An airplane has two million, and it has to stay up in the air." (on being asked "How are you going to tackle something as complex and unfamiliar as the auto business when we are in such tough financial shape?")|source=Alan Mulally, 2007}}

Former Ford CEO Donald Petersen recommended Mulally to Ford, and he was named the president and CEO of Ford Motor Company on September 5, 2006, succeeding Bill Ford, who became executive chairman.{{cite news |url=https://money.cnn.com/2006/09/05/news/companies/ford/index.htm|title=Ford names new CEO| work = CNN Money |date=September 5, 2006| access-date= 2006-09-05| archive-url= https://web.archive.org/web/20060924142706/https://money.cnn.com/2006/09/05/news/companies/ford/index.htm| archive-date= 24 September 2006 | url-status = live}} Mulally called his Lexus LS430 the 'finest car in the world', just as Ford was about to announce his selection as CEO, making the point that Mulally was not then in a leadership position, though he then faced some criticism and switched to driving Ford models.[https://www.usatoday.com/money/autos/2007-12-10-ceo-cars_N.htm?loc=interstitialskip What your CEO drives says a lot] {{Webarchive|url=https://web.archive.org/web/20110928151908/http://www.usatoday.com/money/autos/2007-12-10-ceo-cars_N.htm?loc=interstitialskip |date=September 28, 2011 }}, USA Today, December 12, 2007. Retrieved on 2008-12-05.[http://www.motorauthority.com/news/industry/new-ford-ceo-admits-to-driving-a-lexus-ls430/ New Ford CEO admits to driving a Lexus LS430] {{Webarchive|url=https://web.archive.org/web/20080321114715/http://www.motorauthority.com/news/industry/new-ford-ceo-admits-to-driving-a-lexus-ls430/ |date=2008-03-21 }}, Motor Authority. Retrieved on 2008-12-05. William Clay Ford Jr. had been searching for his successor as Ford CEO for some time, with Daimler AG's Dieter Zetsche and Renault/Nissan Motors's Carlos Ghosn both turning down the offer.

One of Mulally's first decisions at Ford was to bring back the Taurus nameplate. He said that he could not understand why the company previously scrapped the Taurus, which had been one of the company's best sellers until losing ground in the late 1990s.[https://www.nbcnews.com/id/wbna22903817 Ford execs compare Taurus to Homer Simpson], NBC News, January 29, 2008. Retrieved on 2008-12-04.

Mulally took over "The Way Forward" restructuring plan at Ford to turn around its massive losses and declining market share.{{cite magazine|last=Wilson|first=Amy|url=http://www.autoweek.com/apps/pbcs.dll/article?AID=/20061031/FREE/61030012/1024|title=Way Forward, version 3, is on the way|magazine=AutoWeek|access-date=2006-11-09|date=2006-10-30|archive-url=https://web.archive.org/web/20120215045218/http://www.autoweek.com/apps/pbcs.dll/article?AID=%2F20061031%2FFREE%2F61030012%2F1024|archive-date=February 15, 2012|url-status=dead}} Mulally's cost-cutting initiatives led to the company's first profitable quarter in two years.{{cite news|last=Krisher|first=Tom|url=https://www.washingtonpost.com/wp-dyn/content/article/2007/08/22/AR2007082202190.html|title=Ford CEO Mulally Faces New Challenges|newspaper=The Washington Post|agency=Associated Press|access-date=2007-08-29|date=2007-08-22|archive-url=https://web.archive.org/web/20170312210148/http://www.washingtonpost.com/wp-dyn/content/article/2007/08/22/AR2007082202190.html|archive-date=March 12, 2017|url-status=live}} Dividends to shareholders were also suspended.{{Cite web | url = https://www.wsj.com/articles/SB115837176261565277 | title = Ford Family's Cash Faucet Goes Dry | work = Wall Street Journal | date = September 16, 2006 | access-date = May 30, 2019 | url-access = subscription | archive-url = https://web.archive.org/web/20160314162630/https://www.wsj.com/articles/SB115837176261565277 | archive-date = March 14, 2016 | url-status = live}}

In 2006, Mulally led the effort for Ford to borrow US$23.6 billion by mortgaging all of Ford's assets. Mulally said that he intended to use the money to finance a major overhaul and provide "a cushion to protect for a recession or other unexpected event".{{cite news| url=https://www.nytimes.com/2009/04/09/business/09ford.html?scp=5&sq=vlasic%20mullally%20debt%20ford&st=cse| title=Choosing Its Own Path, Ford Stayed Independent| newspaper=The New York Times | date=April 8, 2009| access-date=2009-11-02| first=Bill| last=Vlasic| archive-url=https://web.archive.org/web/20161109181128/http://www.nytimes.com/2009/04/09/business/09ford.html?scp=5&sq=vlasic%20mullally%20debt%20ford&st=cse| archive-date=November 9, 2016| url-status=live}} At the time, the loan was interpreted as a sign of desperation, but is now widely credited with stabilizing Ford's financial position, compared to crosstown rivals General Motors and Chrysler, both of whom subsequently went bankrupt during the automotive industry crisis of 2008–2009. Ford was the only one of the Detroit Three that did not ask for a government loan.{{cite magazine|last=Flint|first=Jerry|url=https://www.forbes.com/business/2008/12/15/autos-ford-mulally-biz-manufacturing-cz_jf_1216flint.html|title=Ford Focus|magazine=Forbes|access-date=2008-12-22|date=2008-12-16| archive-url= https://web.archive.org/web/20081220164656/http://www.forbes.com/business/2008/12/15/autos-ford-mulally-biz-manufacturing-cz_jf_1216flint.html| archive-date= 20 December 2008 | url-status = dead}} Mulally did testify before the United States Congress in favor of government loans for General Motors and Chrysler, discussing the impact to the economy and to other automobile manufacturers if parts suppliers were to go bankrupt in the light of a GM or Chrysler collapse.{{cite web|title=Ford distances itself from bailout proposal | url = https://www.nbcnews.com/id/wbna28159257 | work = NBC News | agency = Associated Press | date = December 10, 2008 | access-date = May 8, 2014 | archive-url = https://web.archive.org/web/20140727180634/http://www.nbcnews.com/id/28159257/ns/business-autos/t/ford-distances-itself-bailout-proposal/ | archive-date = July 27, 2014 | url-status = live}} In May 2009, Ford chairman William Clay Ford, who hired Mulally, said that "Alan was the right choice [to be CEO], and it gets more right every day".{{Cite magazine | last = Taylor III | first = Alex | title = Fixing up Ford | url = https://money.cnn.com/2009/05/11/news/companies/mulally_ford.fortune/ | date = 2009-05-11 | magazine = Fortune | via = CNN Money | access-date = 2010-03-05 | archive-url = https://web.archive.org/web/20100803203555/https://money.cnn.com/2009/05/11/news/companies/mulally_ford.fortune/ | archive-date = August 3, 2010 | url-status = live}}

{{multiple image

| align = left

| direction = vertical

| width = 200

| footer = Mulally in Brazil with former President Lula da Silva (top) and former President of the Senate José Sarney (bottom) in April 2010

| image1 = MulallyLula.jpg

| alt1 = Mulally and Lula da Silva

| caption1 =

| image2 = MulallySarney.jpg

| alt2 = Mulally and José Sarney

| caption2 =

}}

In 2007, he presided over the sale of Jaguar Cars and Land Rover to Tata Motors, an Indian car and truck manufacturer. Mulally said he had "no regrets" over the sale, preferring to concentrate on the Ford brand, as then-CEO Jacques Nasser was criticized in 2001 for paying too much attention to new overseas acquisitions while letting the main Ford operations in the U.S. decline. Ford received US$2.3 billion on the sale, considerably below what they paid for it under Nasser and Donald Petersen. However, analysts said that Ford would have gotten much less or might not have found a buyer if they had tried to sell it later in 2008, as Jaguar Land Rover sales subsequently plummeted due to high oil prices in the summer, causing Tata to request a bailout from the British government.[http://www.egmcartech.com/2008/10/07/mulally-ford-has-no-regrets-on-selling-jaguar-land-rover/ Mulally: Ford has no regrets on selling Jaguar, Land Rover] {{Webarchive|url=https://web.archive.org/web/20170310070101/http://www.egmcartech.com/2008/10/07/mulally-ford-has-no-regrets-on-selling-jaguar-land-rover/ |date=March 10, 2017 }}, EGM Cartech, October 7, 2008. Retrieved on 2008-12-04. Mulally also sold off Aston Martin and Volvo Cars, and reduced Ford's stake in Mazda.

In 2008, amid mounting losses during an economic downturn, Ford announced a proposal on December 2, 2008, to cut Mulally's salary to $1 per year if government loans were received and used by Ford.{{cite news | last = Isidore | first = Chris | url = https://money.cnn.com/2008/12/02/news/companies/automakers_plans/ | title = Big Three want more money in bailout | work = Money | via = money.cnn.com | access-date = December 5, 2008 | date = December 2, 2008 | archive-url = https://web.archive.org/web/20081205110443/https://money.cnn.com/2008/12/02/news/companies/automakers_plans/ | archive-date = December 5, 2008 | url-status = live }}{{cite news|last=Sly|first=Randy|url=http://www.catholic.org/national/national_story.php?id=30837|title=Ford CEO Makes $1 Salary Promise|work=Catholic Online|access-date=2009-09-16|date=2008-12-03|url-status = dead | archive-url = https://web.archive.org/web/20121010032642/http://www.catholic.org/national/national_story.php?id=30837|archive-date=2012-10-10}} During hearings for government loans to Ford, he and other industry leaders were criticized for flying to Washington, D.C. in corporate jets. During a subsequent meeting, he traveled from Detroit to Washington by a Ford-built hybrid electric vehicle, while selling all but one of the company's corporate jets.[http://www.nydailynews.com/money/2008/12/02/2008-12-02_fords_pr_campaign_ceo_alan_mulally_drive-2.html Ford's PR campaign: CEO Alan Mulally drives to hearings (no corporate jet), promises $1 salary] {{Webarchive|url=https://web.archive.org/web/20090208031438/http://www.nydailynews.com/money/2008/12/02/2008-12-02_fords_pr_campaign_ceo_alan_mulally_drive-2.html |date=February 8, 2009 }}, New York Daily News, December 2, 2008. Retrieved on 2008-12-04.

In 2008, Mulally earned a total compensation of $13,565,378, which included a base salary of $2,000,000, stock awards of $1,849,241, and option awards of $8,669,747. His total compensation decreased by 37.4% compared to 2007.{{cite web|url=http://www.theglobeopinion.com/compensation/alan-mulally|title=Alan Mulally's Compensation in 2008|website=The Globe Opinion|access-date=2009-04-12|archive-url=https://web.archive.org/web/20090411055928/http://theglobeopinion.com/compensation/alan-mulally|archive-date=11 April 2009|url-status=dead}}

Due to his achievements at Ford, he was included in the 2009 Time 100 list. The entry, written by Steve Ballmer, says, "[Mulally] understands the fundamentals of business success as well as any business leader I know".{{cite magazine|last=Ballmer|first=Steve|url=http://www.time.com/time/specials/packages/article/0,28804,1894410_1893837_1894182,00.html|title=The 2009 Time 100: Alan Mulally|magazine=Time|access-date=2009-08-06|date=2009-04-30|archive-url=https://web.archive.org/web/20161018190443/http://content.time.com/time/specials/packages/article/0%2C28804%2C1894410_1893837_1894182%2C00.html|archive-date=October 18, 2016| url-status = dead}}

In 2011, Mulally was named Person of the Year by the Financial Times ArcelorMittal Boldness in Business Awards.[http://www.ft.com/intl/cms/s/0/eda88d96-4410-11e0-8f20-00144feab49a.html#axzz1TPTv2rvx Alan Mulally: in the driving seat at Ford] {{Webarchive|url=https://web.archive.org/web/20160627213515/http://www.ft.com/intl/cms/s/0/eda88d96-4410-11e0-8f20-00144feab49a.html#axzz1TPTv2rvx |date=June 27, 2016 }}, John Reed, The Financial Times, March 17, 2011 He was also named the 2011 CEO of the Year by Chief Executive magazine.{{cite journal|last=Donlon|first=J.P.|title=The Road Ahead|journal=Chief Executive|date=July{{ndash}}August 2011|issue=253|pages=31–33|issn=0160-4724|url=http://chiefexecutive.net/ceo-of-the-year-alan-mulally-the-road-ahead|access-date=February 29, 2012|archive-url=https://web.archive.org/web/20160528165753/http://chiefexecutive.net/ceo-of-the-year-alan-mulally-the-road-ahead/|archive-date=May 28, 2016| url-status = live}} In 2011, Mulally was also honored with an Edison Achievement Award for his commitment to innovation throughout his career.

In 2012, Mulally was awarded the honorary degree of Doctor of Science by the University of Kansas for his notable contributions to engineering and the transportation industry.{{Cite web | url = http://engr.ku.edu/alumnus-receive-honorary-doctorate | title = Alumnus to Receive Honorary Doctorate | date = December 14, 2011 | website = engr.ku.edu | publisher = University of Kansas School of Engineering | access-date = May 30, 2019 | archive-url = https://web.archive.org/web/20190530133815/http://engr.ku.edu/alumnus-receive-honorary-doctorate | archive-date = May 30, 2019 | url-status = live}}{{Cite web | url = http://archive.news.ku.edu/2011/december/14/honorary.shtml | title = KU names inaugural honorary degree recipients | date = December 14, 2011 | website = KU News | via = archive.news.ku.edu | publisher = University of Kansas | access-date = May 30, 2019 | archive-url = https://web.archive.org/web/20190428222415/http://archive.news.ku.edu/2011/december/14/honorary.shtml | archive-date = April 28, 2019 | url-status = live}}

On November 1, 2012, Ford announced that Mulally would stay with the company at least through 2014.{{cite news|url=https://www.nytimes.com/aponline/2012/11/01/us/ap-us-ford-ceo.html?ref=news&_r=0|title=Ford's Mulally Stays Through 2014, Fields Is COO|newspaper = The New York Times}}{{Cite news | url = https://news.yahoo.com/fords-mulally-stays-2014-fields-coo-133331731--finance.html | title = Ford's Mulally stays through 2014, Fields is COO | last1 = Durbin | first1 = Dee-Ann | last2 = Krisher | first2 = Tom | work = Yahoo! | date = November 1, 2012 | location = Detroit | agency = Associated Press}} It was reported in September 2013 that Mulally might step down earlier than 2014 as he explored other roles. The board would reportedly be sympathetic to this move.{{cite web | title = Ford board open to earlier exit for CEO Mulally | first1 = Deepa | last1 = Seetharaman | first2 = Bernie | last2 = Woodall | work = Reuters | url = https://www.reuters.com/article/2013/09/06/us-autos-ford-mulally-idUSBRE98500420130906?feedType=RSS&feedName=topNews&dlvrit=992637 | date = September 5, 2013 | archive-url = https://web.archive.org/web/20190428222354/https://www.reuters.com/article/us-autos-ford-mulally/exclusive-ford-board-open-to-earlier-exit-for-ceo-mulally-sources-idUSBRE98500420130906?feedType=RSS&feedName=topNews&dlvrit=992637 | archive-date = April 28, 2019 | url-status = dead}} He ultimately retired on July 1, 2014,{{cite news |last=Vlasic |first=Bill |date=1 May 2014 |title=A Complete U-Turn |newspaper=The New York Times |url=https://www.nytimes.com/2014/05/02/business/ford-motor-chief-to-retire.html?_r=0 |url-status=live |access-date=18 July 2016 |archive-url=https://web.archive.org/web/20180703190819/https://www.nytimes.com/2014/05/02/business/ford-motor-chief-to-retire.html?_r=0 |archive-date=July 3, 2018}} and succeeded by Mark Fields.

=Post-Ford=

On July 9, 2014, he joined the Board of Directors of Google (now Alphabet).{{cite web | url = https://www.wsj.com/articles/alan-mulally-former-ford-ceo-to-join-google-board-1405455866 | title = Alan Mulally, Former Ford CEO, Joins Google's Board | first1 = Rolfe | last1 = Winkler | first2 = Alistair | last2 = Barr | first3 = Joann S. | last3 = Lublin | date = July 15, 2014| work = The Wall Street Journal | access-date = May 30, 2019 | via = www.wsj.com | url-access = subscription | archive-url = https://web.archive.org/web/20190428222516/https://www.wsj.com/articles/alan-mulally-former-ford-ceo-to-join-google-board-1405455866 | archive-date = April 28, 2019 | url-status = live}} Mulally became a senior fellow at Seattle University's Albers School of Business in April 2016.{{cite web | url = https://www.seattletimes.com/business/mulally-takes-role-at-seattle-us-business-school/ | title = Mulally takes role at Seattle U's business school | date = April 14, 2016 | website = The Seattle Times | access-date = May 30, 2019 | archive-url = https://web.archive.org/web/20190530145336/https://www.seattletimes.com/business/mulally-takes-role-at-seattle-us-business-school/ | archive-date = May 30, 2019 | url-status = live }}

Mulally was considered for Secretary of State in the first Trump administration but that job went to ExxonMobil CEO Rex Tillerson.{{Cite web | url = https://www.politico.com/blogs/donald-trump-administration/2016/12/alan-mulally-secretary-of-state-trump-232406 | title = Conway: Former Ford CEO Mulally being considered for secretary of state | last = Nelson | first = Louis | work = Politico | date = December 9, 2016}}

Management style

{{quote box|width=216px|quote=Everybody says you can't make money off small cars. Well, you'd better damn well figure out how to make money because that's where the world is going.|source=Alan Mulally, 2008}} Mulally negotiated four new agreements with the United Auto Workers, which brought down labor costs from $76/hour to $55/hour.

He lived within three miles of his office at Ford's global headquarters in Dearborn, Michigan. He had a meeting with Ford's executives, called a "Business Plan Review" (BPR) every Thursday at 7 a.m. in the "Thunderbird Room" at Ford's headquarters. At a "town meeting" of 100 information technology staffers in February 2007, Mulally said, "We have been going out of business for 40 years", and repeated his message to other employee groups.{{Cite magazine|last=Kiley|first=David|title=The New Heat On Ford|url=http://www.businessweek.com/magazine/content/07_23/b4037036.htm|magazine=Bloomberg Businessweek|access-date=2010-03-05|date=2007-06-04|archive-url=https://web.archive.org/web/20100818011755/http://www.businessweek.com/magazine/content/07_23/b4037036.htm|archive-date=August 18, 2010| url-status = dead}}

Self-management

McKinsey & Company asked Mulally how he maintained his mental and physical stamina, to which he responded: "Everybody always talks about how you need to manage your time. You need to manage your energy as well. You first have to ask, 'What gives me energy?' There can be lots of sources: your family, exercise, your spiritual well-being... In our house, we had a family meeting every week—the family BPR ["Business Plan Review"]—where we reviewed what we needed to do and the support required to get us through the week. It is another kind of process step, and a really important one."{{Cite web | url = https://www.mckinsey.com/business-functions/strategy-and-corporate-finance/our-insights/leading-in-the-21st-century-an-interview-with-fords-alan-mulally | title = Leading in the 21st century: An interview with Ford's Alan Mulally - McKinsey | first1 = Alan | last1 = Mulally | first2 = Rik | last2 = Kirkland | website=www.mckinsey.com | publisher = McKinsey & Company | date = November 2013| access-date = May 30, 2019 | archive-url = https://web.archive.org/web/20190428222433/https://www.mckinsey.com/business-functions/strategy-and-corporate-finance/our-insights/leading-in-the-21st-century-an-interview-with-fords-alan-mulally | archive-date = April 28, 2019 | url-status = live}}

References

External links

[https://web.archive.org/web/20070219051013/http://media.ford.com/article_display.cfm?article_id=24203 Biography: Alan Mulally] at Ford Motor Company
{{C-SPAN|1022263}}
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[https://web.archive.org/web/20100726095141/http://investing.businessweek.com/businessweek/research/stocks/people/person.asp?personId=370889&ticker=F:US Profile] at Bloomberg Businessweek
[https://web.archive.org/web/20061115093326/http://www.newsmeat.com/ceo_political_donations/Alan_Mulally.php Alan Mulally's federal campaign contributions] from Newsmeat (2006 archive copy)
{{cite news |work=Design News |date=March 4, 1996 |title=For the love of flying |url=https://www.designnews.com/aerospace/love-flying/199697698439871 |access-date=May 18, 2024 |archive-date=April 10, 2019 |archive-url=https://web.archive.org/web/20190410050949/https://www.designnews.com/aerospace/love-flying/199697698439871 |url-status=dead }}