Ford CEO Alan Mulally says he won't leave for Microsoft, to stay at Ford at least through 2014
DEARBORN, Mich. - Ford CEO Alan Mulally says he will not leave the automaker for Microsoft and will stay at Ford at least through 2014.
Mulally is widely credited with saving Ford after being hired away from Boeing in 2006. But in recent months there have been numerous reports that he was in the running for the top job at Microsoft, where CEO Steve Ballmer has said he plans to leave the company sometime this year.
In an interview with The Associated Press Tuesday, Mulally said he wanted to end the Microsoft speculation. He wouldn't say if he had talked with the software giant.
Mulally said he has no plans other than to serve Ford.
Ford shares rose 25 cents to $15.60 in after-hours trading. Microsoft shares fell 61 cents to $35.80.
Read more Business News
- Doctor shortage surveyCentral Okanagan - 5:00 am
- Fire destroys general storeKamloops - 6:23 am
- Thieves target local businessesVernon / N. Okanagan - 5:00 am
- City has eyes on youKelowna
|QHR Technologies Inc||1.21||-0.01|
|Anavex Life Sciences||0.365||-0.01|
|Copper Mountain Mining||2.40||-0.02|
|Sunrise Resources Ltd||0.025||-0.005|
|Mission Ready Services||0.22||-0.01|
How much time should you put into prospecting? The question is a bit of a puzzle. Ideally, there would be a reference book that lists, by industry, how much time you should invest in prospecting acti...
The Big Picture Valuation fears grip markets Growing concerns about the level of stock market valuations sparked a risk-off trade in global markets this week. Investors are worried that many companies...
Photo: ContributedFor many businesses this has been a tremendously difficult time since the 2008 crisis. Business fell off. Sales techniques that always worked, well… stopped working. Customers...