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Guessing when Ford CEO Alan Mulally will retire has become a favorite game for some auto beat reporters. But now Ford and Mulally have taken all the fun out of it.
Mark Fields, currently Ford president of the Americas, further cements his chances of becoming chief executive of Ford with today's announcement he is being promoted to the new position of chief operating officer, effective Dec. 1. Bill Ford also announced that Alan Mulally, who orchestrated a financial, cultural and product-led turnaround, will remain as CEO and president through 2014.
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