Ford Names Mark Fields As CEO [REPORT]

A breaking report from BusinessInsider says that Ford Motor Company (NYSE:F) is naming Mark Fields as its new CEO. The firm, which is currently lead by Alan Mulally, has been looking for a new CEO since it was revealed that Mulally is set to retire in the coming months. The company told the media that Mulally would stay at the helm until the end of 2014, though that was in the midst of speculation that the executive would flee Ford for Microsoft Corporation.

Mark Fields is currently the Chief Operating Officer at Ford Motor Company (NYSE:F). The 42 year old...