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New Ford CEO Mark Fields Expected To Stay The Course

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Mark Melin
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In an era of dramatic battles for management control of a corporation, Ford Motor Company (NYSE:F) today marked a smooth transition when it announced Mark Fields would replace Alan Mulally as its chief executive officer.

New Ford CEO Mark Fields Expected To Stay The Course

25 year Ford employee takes over

Fields, 53, moves up the ladder from his position as chief operating officer at the company. The appointment was announced this morning.

No drastic changes planned

After the successful run of Mulally, where the company turned profitable. This year Ford is on track to earn between $7 billion to $8...

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.