(Bloomberg) -- Ford Motor Co.'s new chief executive officer, Alan Mulally, says he must regain the trust of U.S. customers to recoup sales and restore profit. Winning back investors may take longer.
Mulally will give a progress report to shareholders today in his first annual meeting since joining Ford from Boeing Co. eight months ago. As an outsider CEO, he invokes comparisons to Carlos Ghosn, who in 1999 was dispatched by Renault SA to rescue Nissan Motor Co. Both executives were charged with shaking up companies racked by record losses.
Read more at Bloomberg Exclusive News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment