9-5-2006 Bill Ford steps down from CEO post
DETROIT - Ford Motor Co. announced Tuesday that Bill Ford is stepping down as chief executive but will remain chairman of the troubled automaker.
Alan Mulally, previously executive vice president of Boeing Co. and president and CEO of Boeing Commercial Airplanes, has been named president and CEO at Ford.
Update 9-8-2006 New Ford CEO to get $18.5 million pay
DETROIT - Ford Motor Co. announced Tuesday that Bill Ford is stepping down as chief executive but will remain chairman of the troubled automaker.
Alan Mulally, previously executive vice president of Boeing Co. and president and CEO of Boeing Commercial Airplanes, has been named president and CEO at Ford.
Update 9-8-2006 New Ford CEO to get $18.5 million pay