Best Of FORBES: Mark Fields To Become Ford's CEO, Mayweather's $32M Paycheck

May 1 2014, 4:24pm CDT | by

The big news on Thursday was Ford’s announcement that Mark Fields will replace Alan Mulally as CEO on July 1. Check out the FORBES coverage to see what our writers were saying. 

“For years, people both inside and outside the automaker wondered whether the fast-rising executive, with his Harvard MBA and tailored suits, wasn’t just a slick operator punching his ticket on the way up the management ladder. Now that he has reached the top rung, I have to make another admission: Fields has earned the job” — Joann Muller. Read How Mark Fields Overcame Doubters To Earn The Job As Ford’s Next CEO

“Ford Motor Co. today ended what was getting to be a long-running guessing game about when CEO Alan Mulally would retire, and whether the obvious front-runner for the job, COO Mark Fields, would get the job” — Jim Henry. Read Ford Confirms Mulally Retires As CEO July 1, Names Fields His Successor

“Mulally, Fields and Ford executive chairman Bill Ford Jr. were all smiles at the company’s Dearborn, Michigan headquarters, where the press conference seemed to go according to script, down to the praise and the questions from pre-selected Ford employees” — Micheline Maynard. Read As Ford Changes CEOs, Beware Of Smooth Detroit Transitions

And in other news:

“Your financial goals should, in fact, shift along with your situation to serve your biggest needs. Some of your concerns will be long-term — for instance, saving for retirement takes place across decades — but that doesn’t make shorter goals, such as saving for a down payment on a home, any less challenging. Knowing what financial milestones to hit when will help you ensure that you don’t have to scramble for any of them” — Laura Shin. Read Your Financial Checklist For Every Stage of Life

“If Donald Sterling does indeed sell the Los Angeles Clippers as NBA commissioner Adam Silver is wants, the embattled owner will have the value of his basketball team’s next television contract to thank for as much as $200 million” — Mike Ozanian. Read Los Angeles Clippers’ Next TV Deal Could Add $200 Million To Sterling’s Wallet

Floyd Mayweather is set for another huge payday when he faces Marcos Maidana Saturday night in Las Vegas in the welterweight unification fight. The Nevada State Athletic Commission released contract figures Wednesday showing Mayweather is guaranteed $32 million and Maidana $1.5 million” — Kurt Badenhausen. Read Floyd Mayweather Guaranteed At Least $32 Million For Maidana Fight

“MyFitnessPal, one of the first mobile apps to track food intake, is set to broaden its service to track activity too, marking a direct challenge to the software provided by wearable devices like Fitbit and Jawbone and an attempt to create one of the first, comprehensive windows into a person’s health” — Parmy Olson. Read MyFitnessPal Starts Tracking Steps To Grow The World’s Largest Nutrition Database

“There was a notable omission in Tuesday’s announcement of the Star Wars VII cast. Overlooked in the chest beating of creative involvement in the upcoming sequel was any mention of George Lucas, the creator of the 34-year-old Star Wars franchise. He joins another mogul who is often overlooked when people talk about Star Wars: Alan Ladd Jr.” — Jude Brennan. Read The Man Who Greenlit ‘Star Wars’: The Most Important Movie Mogul You’ve Never Heard Of

 
 

Don't miss ...

 

<a href="/latest_stories/all/all/30" rel="author">Forbes</a>
Forbes is among the most trusted resources for the world's business and investment leaders, providing them the uncompromising commentary, concise analysis, relevant tools and real-time reporting they need to succeed at work, profit from investing and have fun with the rewards of winning.

 

blog comments powered by Disqus

Latest stories

Miami to have 1,000 feet observation tower
Miami, Aug 28 (IANS/EFE) The voters of Miami in the US have approved a proposal by a real estate promoter to build a 1,000 feet high observation tower here.
 
 
Ebola epidemic to get worse: health official
London, Aug 28 (IANS) The Ebola outbreak in West Africa will get worse before it gets better, said a top public health official, the BBC reported Thursday.
 
 
12 Indian firms among Forbes Asia's Fabulous 50
Washington, Aug 28 (IANS) A dozen Indian firms figure in this year's Forbes Asia's Fabulous 50 list of the region's best big publicly traded companies with HDFC Bank making the list more times than any other company.
 
 
US reporter requests privacy after release
Washington, Aug 28 (IANS/EFE) The US journalist, who was freed this week by the miltants in Syria after two years in captivity, Wednesday thanked everyone for their efforts to secure his release and asked for privacy to be with his family.
 
 
 

Latest from the Network

Miami to have 1,000 feet observation tower
Miami, Aug 28 (IANS/EFE) The voters of Miami in the US have approved a proposal by a real estate promoter to build a 1,000 feet high observation tower here. Sixty-nine percent of the voters approved the plans of...
Read more on Business Balla
 
Ebola epidemic to get worse: health official
London, Aug 28 (IANS) The Ebola outbreak in West Africa will get worse before it gets better, said a top public health official, the BBC reported Thursday. Tom Frieden, director of the US-based Centres for Disease...
Read more on Business Balla
 
12 Indian firms among Forbes Asia's Fabulous 50
Washington, Aug 28 (IANS) A dozen Indian firms figure in this year's Forbes Asia's Fabulous 50 list of the region's best big publicly traded companies with HDFC Bank making the list more times than any other company....
Read more on Business Balla
 
First gay sailor of Chilean navy
London, Aug 28 (IANS) A sailor in Chile has become the first serving member of the Chilean armed forces to announce he is gay, the BBC reported Thursday. Mauricio Ruiz, 24, said his decision had "not been easy", but...
Read more on Politics Balla
 
Pakistani cleric ends talks with government
Islamabad, Aug 28 (IANS) Pakistan Awami Tehreek leader Tahir-ul-Qadri Thursday announced he was ending dialogue with the government as his demands were not accepted. Qadri, whose supporters have staged an anti-...
Read more on Politics Balla
 
Verona sign Brazilian midfielder Campanharo
Rio de Janeiro, Aug 28 (IANS) Hellas Verona have signed midfielder Gustavo Campanharo on a season-long loan from Brazilian club Bragantino. In a statement on their official website, the Italian Serie A outfit said the...
Read more on Sport Balla
 
Huntington-Whiteley loves making creative decision
London, Aug 28 (IANS) Supermodel Rosie Huntington-Whiteley has enjoyed indulging her creative tendencies since leaving Victoria's Secret. Huntington-Whiteley has revealed that working with British high street store...
Read more on Celebrity Balla
 
Holmes offers $1,000 reward for return of Suri's pet
Los Angeles, Aug 28 (IANS) Actress Katie Holmes has reportedly offered a $1000 reward for the safe return of her daughter's pet dog following its disappearance. Suri's new new Chihuahua, Honey, went missing Sunday....
Read more on Celebrity Balla
 
Shooting instructor killed as girl accidentally shot in US
Washington, Aug 28 (IANS) A shooting instructor was killed after a nine-year-old girld accidentally shot in the head at a gun range in the US, media reported Thursday. The deadly incident occurred Monday morning at a...
Read more on Politics Balla
 
Bella Thorne splits from Tristan Klier
Bella Thorne has split up with her boyfriend of more than two years, Tristan Klier. The 16-year-old actress confirmed that they recently decided to part ways after being asked about their relationship status on Twitter...
Read more on Celebrity Balla