Alan Mulally is a celebrated American aerospace engineer and manufacturing engineer. He served as the President and Chief Executive Officer of the Ford Motor Company from September 2006 to June 2014. Also, he was the company's Board of Directors.
Mulally joined the motor company back in 2006, and throughout his eight years, he led Ford's transformation into one of the world's leading automakers. As per the One Ford Plan, the company emphasizes serving customers in all markets with a full family of vehicles, including small, medium, and large cars to utilities and trucks.
Alan Mulally officially retired in 2014.
Before working in Ford Motors, he was an Executive Vice President, The Boeing Company as well as President and Chief Executive Officer of Boeing Commercial Airplanes. He managed the company's commercial airplane programs and related services throughout his tenure.
Similarly, he became the President of the Boeing in September 1998.
Mulally was President of Boeing Information, Space & Defense Systems, and senior vice president of The Boeing Company since February 1997. He looked over Boeing's defense, space, and government business. Mulally initially joined the Boeing back in 1969, and since then, his contributions were on the 727, 737, 747, 757, 767, 777, and 787 airplanes.
Besides that, Mulally was the President of the American Institute of Aeronautics and Astronautics (AIAA) and the past chairman of the Board of Governors of the Aerospace Industries Association.
Throughout his career, Mulally has been named No. Three on Fortune's "World's Greatest Leaders" list, Industry Leader of the Year by Automotive News magazine, Man of the Year in the automotive sector by El Mundo, Person of the Year by Aviation Week magazine, The World's Most Influential People by TIME magazine, and many others.
Writer Bryce G. Hoffman has written a book surrounding his story, which is entitled, 'American Icon: Alan Mulally and the Fight to Save Ford Motor Company.'
Alan Mulally's Net Worth
The former CEO of the Ford Motors, Alan Mulally, had an estimated net worth of $9.39 billion back in 2012, while he was still in the motor company, wallmine.com reports.
He owned more than 107,056 units of Alphabet stock worth over $9,372,789,464, according to the data of wallmine.com. For over seventeen years, he sold GOOGL stock worth over $13,958,108. Also, he made $428,298 as Independent Director at Alphabet.
Besides, Ford's current net worth is $26.47 billion in 2020, as per macrotrends.com. There was a time when the Ford Company went through a loss of $12.7 billion, reports inc.com. However, with the entrance of Mulally in the business ventures of Ford Motors, he took Ford's net income to $6.6 billion by 2010.
Alan Mulally's Married Life
Alan Mulally is currently married to his wife, Nicki Mulally. He and Nicki are also the parents of their five children.
Alan Mulally and his wife, Nicki Connell Mulally (©: Zimbio)
Alan Mulally and Nicki Connell Mulally first met during their academic years. At the time, Mulally was a KU Student, and they dated for several periods before they tied their nuptial knot in 1970. Since then, the lovebirds have been inseparable for five-decades with immense love and understandings.
Currently, they share a happy life with their family, including their children.