Ford CEO’s foresight may save the company
When’s the last time you read an inspiring story about a U.S. automaker?
Today’s New York Times has one.
Turns out that Ford’s CEO, Alan Mulally, saw a crisis coming back in 2006. He led the company into sweeping—and, no doubt, highly controversial—transformation:
Pretty courageous, seems to me. There’s lots more to the story – follow the link for many more intriguing details – but the upshot is that Ford today gets to say things like this:
“From Day One, we had no desire to access the government money,” […]
“Ninety-seven percent of the people know that Ford is not taking taxpayer money to create a viable company,” Mr. Mulally said. “This is America. This is about making products people want and being self sufficient.” […]
Think this CEO deserves a bonus? He’s no saint, and he gets paid way too much money, and no one knows for sure yet if Ford can survive plunging car sales.
But at least he’s doing his job.
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