Bloomberg by the Numbers: 87%

The Ford Motor Co. badges before being affixed to Ford Fiestas in Cologne, Germany.

Photograph by Krisztian Bocsi/Bloomberg

The Ford Motor Co. badges before being affixed to Ford Fiestas in Cologne, Germany.

Ford Motor Co.’s shares rose 87 percent since Chief Executive Officer Alan Mulally took over the Dearborn, Michigan-based company about eight years ago.

Ford, the second-largest U.S. automaker, will soon name Chief Operating Officer Mark Fields to succeed Mulally, Bloomberg’s Keith Naughton first reported yesterday

“The transition will bring an end to a storied chapter in Ford’s history, in which the automaker narrowly avoided bankruptcy thanks to Mulally’s management and a bet-the-business $23 billion loan,” Naughton wrote.

Since Mulally became CEO on Sept. 6, 2006, Ford “has made money 21 quarters out of 29, including the last 19,” Bloomberg’s Mark Clothier reported.

Ford reported net income of $42.3 billion over the past five years, including $20.2 billion in net income in 2011, after losing more than $30 billion from 2006 to 2008.

 

 

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