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Another one bites the dust: Ford CEO Mulally won’t leave to run Microsoft

Microsoft CEO Search Mulally

Microsoft shares are getting hammered in Tuesday evening’s after-hours session on news that Ford CEO Alan Mulally will not leave the company to accept a new chief executive role at Microsoft. Rumors that Mulally was a top candidate for the CEO role that will soon be vacated by Steve Ballmer have been swirling since Ballmer first announced his imminent departure. According to a report from The Associated Press, however, Mulally has confirmed that he will stay with Ford at least through the end of 2014. Microsoft shares slid 2.5% on the news.

Zach Epstein

Zach Epstein has been the Executive Editor at BGR for more than 10 years. He manages BGR’s editorial team and ensures that best practices are adhered to. He also oversees the Ecommerce team and directs the daily flow of all content.

Zach first joined BGR in 2007 as a Staff Writer covering business, technology, and entertainment. His work has been quoted by countless top news organizations, and he was recently named one of the world's top 10 “power mobile influencers” by Forbes. Prior to BGR, Zach worked as an executive in marketing and business development with two private telcos.