President and CEO of Ford Motor
Company Alan Mulally last month delivered the Confederation of
British Industry’s (CBI) annual lecture to an audience of business
leaders at London’s Landmark Hotel.

Mulally spoke of his four years at
Ford, beginning with the company recording a loss at a time when US
car sales were relatively strong and going through to this year’s
$2.7bn (£1.7bn) profit.

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Ford was the only major US car
manufacturer to avoid bankruptcy during the recession.

CBI director-general Richard
Lambert said: “Alan’s extensive experience made him ideally suited
to deliver this year’s lecture. He has gained great respect
internationally for turning Ford around and for saving a global
icon from decline.”

The former Boeing CEO took over the American motor giant from
Bill Ford in 2006, selling off various subsidiaries and borrowing
$23.6bn against Ford’s assets.

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