New Ford CEO

CNN Money...

Ford Motor Company surprised the auto industry by tapping senior Boeing executive Alan Mulally as its new CEO, succeeding current CEO Bill Ford, who will stay on as chairman.

ABC News...

When Bill Ford decided that his family's company needed more leadership than he could offer, he started looking for someone who had successfully fixed a large but troubled manufacturing company. He wasn't sure there was such a person, but as he asked around in and out of the auto industry, one name kept popping up: Alan Mulally, EVP of The Boeing Company [and President and CEO of Boeing Commercial Airplanes]. [...] Mulally was widely praised for being a key architect of the resurgence of Boeing's commercial airplanes unit over the past couple of years.