Ford Honor Ex-CEO with Mulally Scholarship

Alan Mulally scholarshipIn Alan Mulally’s eight years with the Ford Motor Company, he led Ford out of recession and back into success before his retirement. As a way to say thank you, Ford has now created a scholarship in his honor.

The Mulally scholarship will be formally named the Alan Mulally Leadership in Engineering Scholarship and both Ford and its philanthropic arm will contribute a total of $1 million. The money will be awarded to engineering students, in their sophomore or junior years, who plan on becoming automotive engineers.

“Alan’s engineering background and data-driven decision-making paved the way for the extraordinary leadership he provided at Ford,” Ford Executive Chairman Bill Ford said in a statement. “We are honoring his legacy by providing scholarships to students who demonstrate the strong engineering ability that is required to develop into the next generation of leaders for our industry.”

Each year, a one-time $10,000 scholarship will be given out to 10 promising engineering students at universities all over the world. It will be a part of the Ford Blue Oval Scholars program and information on how to apply will be available there in the coming months.

Here at Shults Ford of Harmarville, we want to congratulate Mr. Mulally on this great honor and hope he is enjoying his time in retirement.

Mark Fields to Replace Alan Mulally as Ford CEO

After 8 years at the head of Ford, Alan Mulally announced his retirement and the official date is set for July 1st of this year.  At Shults Ford of Harmarville, we were saddened by this news because Mulally has been a great CEO for the company over his 8 years at the helm and has even been called a “hall-of-fame CEO” by Bill Ford, Henry Ford’s great-grandson.  Our spirits were lifted however, when the new CEO was announced.  Mark Fields, Ford’s current Chief Operating Officer will be stepping up and filling Mulally’s shoes come July!


Fields has been with The Blue Oval for the past 25 years and has been training for this position for several of those 25.  Mulally could not be more confident in handing the reigns over to Fields and claims that he has “nothing left to teach or talk to Mark about.”


While we are still not sure who will be replacing Fields as the Chief Operating Officer, we can say with confidence that we know Ford will appoint someone with the same dedication to the company as both Fields and Mulally have exhibited throughout the years.


We wish all the best to Alan Mulally and we thank him for everything he has done for Ford.  We also want to wish the best of luck to Mark Fields and we can’t wait to see what he has in store for the future of Ford!

Alan Mulally