Business

market movers

Ford’s chief executive says he’s staying put

Alan Mulally is credited with bringing a collabor-ative culture to Ford.

Brendan McDermid/Reuters/2013

Alan Mulally is credited with bringing a collabor-ative culture to Ford.

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Ford Motor Co.’s CEO, Alan Mulally, will stay at the number two US automaker through 2014 and won’t head Microsoft. ‘‘I would like to end the Microsoft speculation because I have no other plans to do anything other than serve Ford,’’ said Mulally, 68. His candidacy to run Microsoft faded amid concern about his age and lack of technology experience, people close to the matter told the Associated Press. Ford established a successor to Mulally when it promoted Mark Fields, 52, to chief operating officer in 2012.

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