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Alan Mulally

Alan Mulally

Born 1945 · Age 80

American aerospace engineer and manufacturing executive; longtime Boeing leader who became president & CEO of Ford (2006–2014) and led a major turnaround; later served on corporate boards and received many industry honors.

Total Events
45
Career Span
79 years
Peak Net Worth
$120,000,000

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Life & Career Timeline

1945Age 0

Born in Oakland, California

Alan Roger Mulally was born to Lauraine Lizette (Clark) and Charles R. Mulally.

8/4/1945Source
Confidence
99%
1962Age 17

Inspired by JFK Moon Challenge

At age 17 was motivated by President John F. Kennedy's call to send a man to the moon, influencing career direction toward aerospace.

1/1/1962Source
Confidence
90%
1968Age 23

BS in Aeronautical & Astronautical Engineering, University of Kansas

Graduated with a Bachelor of Science in aeronautical & astronautical engineering; member of Kappa Sigma fraternity.

1/1/1968Net Worth: $1,000Source
Confidence
98%
1969Age 24

MS in Aeronautical & Astronautical Engineering, University of Kansas

Completed Master of Science degree and immediately joined Boeing as an engineer.

1/1/1969Net Worth: $2,000Source
Confidence
98%
1969Age 24

Joined Boeing as an engineer

Hired by Boeing immediately out of college; began multi-decade career working on commercial airplane programs.

1/1/1969Net Worth: $5,000Source
Confidence
99%
1978Age 33

Named Engineer of the Year (Boeing & NSPE)

Recognized in 1978 as Engineer of the Year by Boeing and the National Society of Professional Engineers for contributions to Boeing aircraft.

1/1/1978Net Worth: $25,000Source
Confidence
85%
1981Age 36

Led cockpit design for 757/767 (first all-digital flight deck)

Led the cockpit design team on the 757/767 project which produced one of the first all-digital flight decks in commercial aircraft.

1/1/1981Net Worth: $50,000Source
Confidence
70%
1982Age 37

SM (Sloan Fellow) in Management, MIT Sloan

Earned a Master's degree in Management as an Alfred P. Sloan Fellow from MIT's Sloan School of Management.

1/1/1982Net Worth: $75,000Source
Confidence
98%
1992Age 47

Named VP & General Manager of the Boeing 777 program

Promoted to vice president and general manager of the 777 program (first as director of engineering earlier).

9/1/1992Net Worth: $350,000Source
Confidence
95%
1994Age 49

Promoted to Senior VP, Airplane Development at Boeing

Took charge of all airplane development activities, flight test operations, certification and government technical liaison for Boeing Commercial Airplanes.

1/1/1994Net Worth: $750,000Source
Confidence
95%
1995Age 50

Robert J. Collier Trophy (Boeing 777 team)

National Aeronautic Association awarded Mulally and the 777 team the 1995 Collier Trophy for the Boeing 777's achievements.

1/1/1995Net Worth: $1,000,000Source
Confidence
96%
1997Age 52

Named President, Boeing Information, Space & Defense Systems

Became president of Boeing Information, Space & Defense Systems and senior vice president of The Boeing Company.

1/1/1997Net Worth: $2,000,000Source
Confidence
92%
1998Age 53

Named President of Boeing Commercial Airplanes (BCA)

Promoted to president of Boeing Commercial Airplanes in September 1998.

1/1/1998Net Worth: $5,000,000Source
Confidence
94%
2001Age 55

CEO duties added for Boeing Commercial Airplanes

In March 2001 chief executive officer duties were added to his role running Boeing Commercial Airplanes.

3/1/2001Net Worth: $8,000,000Source
Confidence
95%
2003Age 58

Passed over for CEO of The Boeing Company (after Condit's resignation)

Considered a leading internal candidate for Boeing CEO when Phil Condit resigned in 2003 but was passed over; questions raised about his future at Boeing.

1/1/2003Net Worth: $9,000,000Source
Confidence
90%
2005Age 60

Passed over again for Boeing CEO (after Stonecipher resignation)

Following the forced resignation of Harry Stonecipher in 2005, Mulally again was considered and passed over for Boeing's top job.

1/1/2005Net Worth: $10,000,000Source
Confidence
90%
2005Age 60

Boeing resurgence credited (generated $22.6B in new business sales)

Mulally widely credited with Boeing Commercial Airplanes' resurgence and $22.6 billion in new business sales by 2005.

1/1/2005Net Worth: $12,000,000Source
Confidence
90%
2006Age 61

Aviation Week Person of the Year

Named Aviation Week & Space Technology magazine's Person of the Year for 2006 for performance at Boeing.

1/1/2006Net Worth: $13,000,000Source
Confidence
96%
2006Age 61

Implemented Ford borrowing: $23.6B mortgage (all assets)

Led Ford to borrow US$23.6 billion by mortgaging all assets to finance overhaul and provide a recession cushion.

1/1/2006Net Worth: $15,000,000Source
Confidence
95%
2006Age 61

Named President & CEO of Ford Motor Company

Succeeded Bill Ford as president and chief executive officer of Ford; Bill Ford became executive chairman.

9/5/2006Net Worth: $15,000,000Source
Confidence
99%
2007Age 62

One Ford strategy & return to core brand focus

Consolidated strategy to focus on the Ford brand globally and simplified product lineup (part of One Ford and Way Forward initiatives).

1/1/2007Net Worth: $17,000,000Source
Confidence
93%
2007Age 62

Sale of Jaguar & Land Rover to Tata Motors

Presided over sale of Jaguar Cars and Land Rover to Tata Motors; Ford received US$2.3 billion.

1/1/2007Net Worth: $16,000,000Source
Confidence
92%
2008Age 63

Proposed to take $1 salary if government loans used (Dec 2, 2008)

Announced a proposal to cut his salary to $1/year if Ford took government loans and used them.

1/1/2008Net Worth: $18,000,000Source
Confidence
96%
2008Age 63

Sold most corporate jets; drove Ford hybrid to Washington hearings

In response to criticism of industry exec travel, he sold all but one corporate jet and traveled to testimony in a Ford-built hybrid.

1/1/2008Net Worth: $18,000,000Source
Confidence
95%
2008Age 63

Total compensation reported of $13.565M

Mulally's 2008 total compensation was $13,565,378 (base salary $2,000,000; stock awards $1,849,241; option awards $8,669,747).

1/1/2008Net Worth: $20,000,000Source
Confidence
95%
2009Age 64

Named to 2009 Time 100 list

Included in Time magazine's 2009 list of the 100 most influential people, entry written by Steve Ballmer.

1/1/2009Net Worth: $30,000,000Source
Confidence
96%
2009Age 64

Automotive Industry Leader of the Year (2009) & other honors

Received industry recognition including Automotive Hall of Fame associated honors (industry leader award noted for 2009).

1/1/2009Net Worth: $32,000,000Source
Confidence
90%
2010Age 65

Member, President's Export Council

Served on the President's Export Council advising President Barack Obama on exports and market entry (Council formed in 2010).

1/1/2010Net Worth: $35,000,000Source
Confidence
90%
2011Age 66

Financial Times ArcelorMittal Boldness in Business Person of the Year

Named Person of the Year by the Financial Times ArcelorMittal Boldness in Business Awards.

1/1/2011Net Worth: $40,000,000Source
Confidence
95%
2011Age 66

Chief Executive magazine 'CEO of the Year'

Named 2011 CEO of the Year by Chief Executive magazine.

1/1/2011Net Worth: $42,000,000Source
Confidence
95%
2011Age 66

Edison Achievement Award

Honored with an Edison Achievement Award for his commitment to innovation throughout his career.

1/1/2011Net Worth: $43,000,000Source
Confidence
95%
2012Age 67

Honorary Doctor of Science, University of Kansas

Awarded an honorary Doctor of Science by his alma mater for contributions to engineering and transportation.

1/1/2012Net Worth: $45,000,000Source
Confidence
97%
2012Age 67

Book published chronicling Ford turnaround: 'American Icon' (2012)

Bryce G. Hoffman published American Icon: Alan Mulally and the Fight to Save Ford Motor Company.

1/1/2012Net Worth: $46,000,000Source
Confidence
96%
2012Age 67

Ford announces Mulally will stay through 2014

Ford announced he would remain CEO at least through 2014; Mark Fields later named successor.

11/1/2012Net Worth: $48,000,000Source
Confidence
97%
2013Age 68

Reported exploring earlier exit from Ford

News reports indicated Mulally might step down earlier than 2014 as he explored other roles; board reportedly sympathetic.

9/1/2013Net Worth: $50,000,000Source
Confidence
85%
2014Age 68

Retired as Ford CEO; succeeded by Mark Fields

Retired from Ford Motor Company on July 1, 2014 after leading the company through a financial and product turnaround.

7/1/2014Net Worth: $75,000,000Source
Confidence
90%
2014Age 68

Appointed to Google's (Alphabet) Board of Directors

Appointed to the Board of Directors of Google (now Alphabet) shortly after retiring from Ford; later left the board by 2024.

7/15/2014Net Worth: $80,000,000Source
Confidence
96%
2015Age 70

Inducted into International Air & Space Hall of Fame

Inducted into the San Diego Air & Space Museum's International Air & Space Hall of Fame.

1/1/2015Net Worth: $82,000,000Source
Confidence
95%
2015Age 70

Joined Board of Carbon3D (3D printing startup)

Joined the board of directors of Carbon3D according to Franklin Institute biography notes.

1/1/2015Net Worth: $85,000,000Source
Confidence
88%
2016Age 71

Inducted into Automotive Hall of Fame (Class of 2016)

Inducted into the Automotive Hall of Fame in recognition of leadership at Ford and industry impact.

1/1/2016Net Worth: $90,000,000Source
Confidence
95%
2016Age 71

Considered for U.S. Secretary of State (post-2016 election)

Reportedly considered for Secretary of State in the incoming Trump administration; position went to Rex Tillerson.

1/1/2016Net Worth: $91,000,000Source
Confidence
70%
2016Age 70

Senior Fellow at Seattle University's Albers School of Business

Took a senior fellow role at Albers School of Business & Economics at Seattle University in April 2016.

4/1/2016Net Worth: $86,000,000Source
Confidence
95%
2017Age 72

Franklin Institute Bower Award for Business Leadership

Received the Bower Award for Business Leadership from the Franklin Institute for his transformative leadership of Ford and Boeing achievements.

1/1/2017Net Worth: $95,000,000Source
Confidence
95%
2017Age 72

Recognized career summary published by Franklin Institute (profile)

Franklin Institute published a comprehensive profile highlighting Mulally's career, awards, and leadership style.

1/1/2017Net Worth: $96,000,000Source
Confidence
90%
2024Age 79

No longer listed on Alphabet (Google) Board

By January 15, 2024 Mulally was no longer on Alphabet/Google's Board of Directors per Alphabet investor relations.

1/1/2024Net Worth: $120,000,000Source
Confidence
90%