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.
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...


