Ford's Alan Mulally Named 2011 CEO of the Year

Peer CEOs Vote in 26th Annual Award



Published:

GREENWICH, Conn., June 27, 2011 -- Ford CEO Alan Mulally has been named "2011 Chief Executive of the Year," an honor bestowed upon an outstanding corporate leader, nominated and selected by a group of his or her peers.

"The success he showed in the face of incredible difficulty was just extraordinary," said James Turley, chairman and CEO, Ernst & Young and member of the 2011 Selection Committee. "The foresight he showed throughout the process, the courage he showed in making some tough decisions on popular brands, the global mindset he showed, and above all, the statesmanship he showed when two major competitors were on the public dole shows he was thinking for the good of the country as well as his company and industry."

"The turnaround and triumph of Ford is an amazing success story, due largely to his talents, leadership and courage," said Monsanto CEO Hugh Grant and 2010 CEO of the Year. "It's a turnaround not only of an American icon but more importantly, a global icon, as well."

"Mulally has created a leadership template for all of us to follow going forward for what growing a business in the United States is going to look like," said Christine Jacobs, CEO of Theragenics.

Nominations for CEO of the Year were garnered from among the 147,000 readers of Chief Executive magazine. The 10 most frequently cited nominations were evaluated and a winner voted upon at a meeting of a peer Selection Committee, which took place earlier this year in New York City.

Prior CEO of the Year winners include Bill Gates, Jack Welch, Michael Dell, A.G. Lafley, John Chambers, Anne Mulcahy, Larry Bossidy, Andy Grove and Herb Kelleher.

The 2011 CEO of the Year Selection Committee was comprised of Dan Glaser (CEO, Marsh), Hugh Grant (CEO, Monsanto), Fred Hassan (Chairman, Schering-Plough), William Hickey (CEO, Sealed Air), C. Robert Henrikson (CEO, MetLife), Christine Jacobs (CEO, Theragenics), Kristian P. Moor (CEO, Chartis), William R. Nuti (CEO, NCR), Steve Odland (former CEO, Office Depot), Thomas J. Quinlan III (CEO, R.R. Donnelley), Jeffrey Sonnenfeld (CEO, The Yale Chief Executive Leadership Institute), and James Turley (CEO, Ernst & Young). Tom Saporito, Chairman of RHR International, was an advisor to the Selection Committee.

Mulally's selection as 2011 CEO of the Year will be celebrated at an invitation-only event hosted by NYSE Euronext and the Chief Executive Group at the New York Stock Exchange in July.

For an exclusive interview with Alan Mulally, comments from members of the 2011 Selection Committee, a complete list of prior CEO of the Year winners and their comments on CEO leadership, please visit http://www.ChiefExecutive.net.

About Chief Executive Group

Chief Executive Group enhances the effectiveness of CEOs and the organizations they lead. The company produces Chief Executive magazine (published since 1977), ChiefExecutive.net, original research, conferences and roundtables that enable top corporate officers to discuss key subjects and share their experiences within a community of peers. Visit http://www.ChiefExecutive.net for more information.

Edit Module
Edit Module Edit Module
Edit ModuleShow Tags

Related Articles

Detroit Tigers Announce Partnership With Uber

With only two days until Tigers Opening Day at Comerica Park, the Detroit Tigers today announced a partnership with mobile ridesharing company Uber, naming them the team’s official ride-sharing company. This season, there will be a dedicated pick-up and drop-off zone for fans choosing to Uber to and from Comerica Park, located on the northbound side of the I-75 service drive, between John R and Brush Street.

Detroit Pistons and Henry Ford Health System Partner on Training, Rehab, and Sports Medicine Complex  

The Detroit Pistons and Henry Ford Health System today announced plans to build a new 100,000-square-foot training, rehabilitation, and sports medicine complex in Detroit’s New Center area. The site is bordered by Amsterdam Street, Second and Third Avenues, and a set of railroad tracks to the north. Construction is expected to begin this summer.

Ford Invests $1B in Argo AI, Works Towards Leading Autonomous Vehicle Market

Dearborn-based automaker Ford Motor Co. today announced a $1 billion investment in Pittsburgh-based Argo AI over the next five years, to develop a virtual driver system for the autonomous vehicle Ford has planned for 2021, and for potential licensing opportunities.

Meridian Winter Blast Set to Coincide With North American International Auto Show

The thirteenth annual Meridian Winter Blast, presented by Quicken Loans, has been moved up several weeks and is now scheduled to coincide with the final weekend of the North American International Auto Show — January 20-22.

Detroit Pistons to Move to Downtown in 2017, will Generate Additional $596.2M in Economic Impact

Agreements under which the Pistons will move to downtown Detroit and begin playing next season at the new Little Caesars Arena in The District Detroit, a $1.2 billion sports and entertainment development, have been announced today.
Edit ModuleShow Tags

Most Popular

  1. Retail Tenants Announced For Bedrock’s Shinola Hotel in Downtown Detroit
    Bedrock has announced four retail tenants that are coming to the 1400 Woodward block in Detroit,...
  2. Ford Brings 600 Employees to Wagner Place in Downtown West Dearborn, Announces Commercial Tenants
    Ford Motor Co. today announced it has started moving 600 employees into Wagner Place along...
  3. Michigan Capital Advisors in Bloomfield Hills Invests in Wixom’s Ventech
    Bloomfield Hills’ Michigan Capital Advisors, a private equity firm focused on the automotive...
  4. Delta Offers Two Detroit Metro Flights With New A220-100 Aircraft, Service Launches in 2019
    Delta Air Lines Inc. today announced it will begin offering domestic business routes on the new...
  5. Blog: Bringing Humanity Back to the Workplace
    Last month as we celebrated one of my team member’s service anniversaries, it struck me that I...
  6. Macy’s Completes Store Improvements at Somerset Collection in Troy and Twelve Oaks Mall in Novi
    Macy’s today announced that its department stores at the Somerset Collection in Troy and Twelve...