When evaluating a stock, one of the most important things to look at is the management team in place at the company. For Ford (NYSE: F), it all starts with CEO Alan Mulally. Mulally took out a $23 billion loan in 2006 before the credit markets dried up, which saved Ford from having to take bailout money or fall into bankruptcy. Mulally has also done a great job turning around the North American business and spearheading the "One Ford" plan to reduce costs by using common vehicle platforms. Ford recently announced that Mulally will be staying as CEO through at least 2014, which will give him time to groom new COO and likely successor, Mark Fields, for the top job. Check out the video below for more on Ford's leadership, and how it affects Ford's stock.
Brendan Byrnes owns shares of Ford and General Motors Company. The Motley Fool owns shares of Ford. Motley Fool newsletter services recommend Ford and General Motors Company. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.