In 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.