CEO
Ford Lays Groundwork For CEO Succession
Ford CEO Alan Mulally isn’t on his way out, though succession plans are being considered according to a top Ford executive. Mark Fields, Ford‘s president of the Americas, emphasized the importance of developing a succession plan, despite there being no plans for Mulally’s retirement. Fields, who is one of the candidates to move into the…
Lotus Cars USA Announces New CEO
Lotus Cars USA made the public announcement that former Ferrari CEO Maurizio Parlato is the new CEO of their U.S. operation. Parlato has actually been with the company for a few months, but Lotus spokesman Kevin Smith told Automotive News Lotus hadn’t made the announcement until recently because they had been too busy appearing at auto shows. Parlato’s…
Dan Akerson, CEO of General Motors Buys 10,000 GM Shares
Yesterday, the CEO of General Motors, Dan Akerson purchased $250,500 in shares of the automaker, buying 10,000 shares at $25.05. As of yesterday, Akerson owns 103,600 shares in the company. This last week has seen the worst stock market decline since 2008, with the crash has wiping out more than $6.7 billion from the value of…
Bill Ford, Jr. Hints Mulally’s Successor Will Likely Come From Within Ford
The next CEO of Ford Motor Co. probably will be a company insider, Executive Chairman Bill Ford Jr. said Friday. The current Ford CEO is 65-year old Alan Mulally who is still performing and has no plans of retiring just yet. Ford Jr.also explained that it would be “very unusual” if Mulally’s replacement came from…
Aston Martin CEO To Auction His Personal Rapide For Japan Relief Efforts
To help Japan recover from the recent earthquake and tsunami many foreign companies have donated to relief charities. Aston Martin is the latest to contribute. It’s Chief Executive Officer, Dr. Ulrich Bez is giving up his personal Rapide super-sedan at the Bonhams Auction at Newport Pagnell, with all proceeds going to Japan. He said; “Nobody…
Saab CEO Retires, Victor Muller Named As Interim Replacement
Saab CEO Jan Ake Jonsson will retire from Saab on May 19th, with the 59 year old executive leaving Saab during a tumultuous time. Saab Chairman Victor Muller will act as interim CEO as a search for a replacement gets underway. Jonsson, who was reportedly planning to retire regardless of the situation, will assist with…
Mitsubishi Appoints News North American President and CEO
Mitsubishi has been in the news quite a bit lately, mostly to do with the rumors that the Lancer Evolution is to be killed off by 2013. Those rumors also suggested that Mitsubishi will now focus their energy on hybrids and full-electric vehicles. Now comes the news that Mitsubishi North America has a new President…
Official: Jonathan Browning To Head Volkswagen’s American Arm As CEO
Jonathan Browning will replace Stefan Jacoby as Volkswagen Group of America’s CEO starting next month. A veteran of Ford and General Motors, Browning joined VW in June of this year, and is expected to oversee major developments in Volkswagen’s North American operations, including their new Tennessee factory and their aim of selling 800,000 VW brand…
Breaking: Porsche CEO Ousted As Volkswagen Takeover Backfires
Porsche CEO Wendelin Wiedeking is leaving his position at the helm of Germany’s most renowned sports car maker and he isn’t leaving voluntarily. Wiedeking was sacked by the Porsche’s executive board late yesterday so that the company could move forward with a “merger” with Germany’s largest automaker, Volkswagen. The now former CEO opposed the deal…
NextPrevious