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Mullay leaves Ford to Fields

Mark Fields, President of the Americas at Ford Motor Company, speaks during a news conference at the 2012 Los Angeles Auto Show in Los Angel
Mark Fields, President of the Americas at Ford Motor Company, speaks during a news conference at the 2012 Los Angeles Auto Show in Los Angel

DEARBORN (WKZO) -- Ford Motor Company CEO Alan Mulally is retiring on July 1st after eight years with the automaker. As expected current COO Mark Fields is named as Mulally's replacement.

Mulally says he is confident as he departs knowing that he's leaving the company in great hands. He says he has nothing left to teach Mark Fields, saying with a smile, "he knows everything."

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