Everything about Mark Fields Businessman totally explained
Mark Fields is Executive Vice President, Ford Motor Company; President, The Americas and an executive of the
Ford Motor Company. As head of the Americas division, Fields was tapped to develop Ford's "
The Way Forward" plan, an effort to repair the ailing automaker. He reports to
Alan Mulally , the Company’s CEO.
Fields was born in
Brooklyn, New York, grew up in
Paramus, New Jersey, and holds an economics degree from
Rutgers University. He worked for
IBM prior to attaining an MBA at
Harvard Graduate School of Business. He was recruited by Ford in
1989 and moved up the ranks, becoming the youngest person (at 38) ever to run a major Japanese company when Ford placed him in charge of
Mazda Motor Corporation in
1998. In
2002, Fields became chairman of the
Premier Automotive Group, Ford's luxury unit which includes
Aston Martin,
Jaguar,
Land Rover and
Volvo Cars. He returned to the United States to head the Americas division of the company in October
2005.
In a
December 14,
2006 announcement made by Alan Mulally (Chief Executive of Ford Motor Company) Mark Fields, 45, was named business unit chief of Ford Motor Company's Americas operations. This is an attempt to make the company leaner and more centrally driven in areas such as product development, purchasing and engineering. The announcement was published by
Reuters on the same date.
Jet controversy
In November 2006, a series of reports by
WXYZ-TV revealed that Fields was using company jets to commute to his home in Florida at a cost of $50,000 a week, while at the same time eliminating tens of thousands of jobs at the troubled automaker. The reports caused a firestorm of controversy among Ford employees and dealers, and received significant media attention. In January 2007, Fields announced he'd instead fly home on a commercial carrier.
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