Ford CEO Mulally Yucking It Up on the Links While Company Falters
So the company you just took over is going down the tube fast and just racked up a record $12.7 billion loss. What do you do? Golf I guess.
The Detroit Free Press sports section has an embarrassing article on Ford's (NYSE: F) new CEO Alan Mulally discussing how he is spending more time on the links then in the corporate office lately.
From the article:
"The news is bad all around, and Alan Mulally is playing golf. Five days before Ford Motor Co. announced its record $12.7-billion loss for 2006, the chief executive officer played in the pro-am of the PGA Tour's Bob Hope Chrysler Classic near Palm Springs, Calif.
That means Mulally has played in more PGA Tour events this year than Tiger Woods." Link to the Article