Thomson ReutersApril 21, 2014 16:46
By Ben Klayman
DETROIT (Reuters) - Ford Motor Co <F.N> will soon name Chief Operating Officer Mark Fields as successor to Chief Executive Alan Mulally, a person familiar with the plans said on Monday.
Mulally, the 68-year-old executive credited with reviving Ford's fortunes since taking its helm in 2006, will step down before the end of the year, said the person, who asked not to be identified discussing the company's plans. Fields, 53, was named COO in December 2012 and has been seen as Mulally's successor.