Credit: Reuters/Rebecca Cook
Ford Motor CEO and President Alan Mulally (L) stands with Executive Chairman Bill Ford (C) and COO Mark Fields after announcing Fields will replace Mulally as CEO on July 1 during a news conference in Dearborn, Michigan May 1, 2014.
Mulally, 68, made his comments during a press conference at the company's headquarters in Dearborn, Michigan, to announce his departure and the rise of Chief Operating Officer Mark Fields to CEO.
Fields, 53, said he would make his primary focus the continuation of the 'One Ford' plan established by Mulally. That plan calls for sharing of engineering and design of vehicles around the globe to improve quality and cut costs.
(Reporting by Ben Klayman; Editing by Lisa Von Ahn)
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