Scalper1 News
Microsoft (MSFT) investors sold off shares Thursday after reports indicated that Ford (F) CEO Alan Mulally would not be the software giant’s next chief executive. Mulally has been rumored to be the front-runner to replace retiring CEO Steve Ballmer next year. Some analysts dismissed the reports, saying Mulally remains in the running to lead Microsoft. Ford (F) board member Edsel Ford II told Bloomberg News on Thursday, “Alan is staying (at Ford) through the end of 2014 and that’s all I know… . Frankly, he has told us that his plan is to stay with Ford through the end of 2014.” Mulally told CNBC on Thursday that his official statement hasn’t changed. “I am honored to serve Ford and we have no change in my plan,” he said. But he dodged a question about whether he had been approached for the Microsoft job. Nomura analyst Rick Sherlund told CNBC Thursday that Mulally is still likely to be Microsoft’s (MSFT) next CEO. Scalper1 News
Scalper1 News