Ford Motor Co. has launched a wide search for candidates to succeed CEO Alan Mulally, and the list of possible replacements includes two current and two former executives. Hit the jump to read the rest of the story.
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Mulally, 66, joined Ford as president and CEO in Sept. 2006 from Boeing Co. and is expected to leave within two years, the paper said.

The internal candidates are Mark Fields, the 50 year-old executive in charge of Ford’s Americas unit, and Joe Hinrichs, who heads the automaker’s Asian operations, the Journal said, citing people familiar with the matter.

Two former Ford executives — John Krafcik, CEO of Hyundai Motor Co.’s North American operations and Phil Martens, CEO of Novelis Inc., an aluminum products maker — are also being considered, the paper said.

Automotive News recently reported that Ford CFO Lewis Booth, 63, and Jim Farley, 49, group vice president of global marketing, sales and service, are also candidates.

The Journal, citing sources familiar with the automaker’s deliberations, said Ford may also appoint a chief operating officer to work alongside Mulally and eventually succeed him as CEO.

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