Ford boss: Will he trade in cars for computers?

Microsoft is reportedly keen to replace Steve Ballmer (left), who is stepping down next year, with Ford's Alan Mulally. Picture / AP
Microsoft is reportedly keen to replace Steve Ballmer (left), who is stepping down next year, with Ford's Alan Mulally. Picture / AP

Ford's board of directors has ended a two-day quarterly meeting without issuing a public statement on the future of chief executive Alan Mulally.

Microsoft is said to be eyeing Mulally as a replacement for chief executive Steve Ballmer, who is due to step down next year.

Spokesman Jay Cooney said Ford couldn't comment on the board's discussions but there was no change in Mulally's plan to remain at Ford at least until the end of next year.

Ford also wouldn't say whether Microsoft is talking to Mulally.

The board did announce that Ford would pay a US10c dividend in the fourth quarter. Ford doubled its quarterly dividend to US10c in the first quarter of this year and shares rose to close at US$16.93.

-AP

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