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Mark Fields
CEO of Ford Motor Company
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Mark Fields is a chief executive officer of Ford Motor Company, Inc. (F)
Prior to his July 1, 2014, appointment, Fields served as the company's chief operating officer. Previously, as Ford's president of The Americas, Fields developed "The Way Forward" plan and separately led a significant turnaround of Mazda. He succeeded Alan Mullaly as Ford's president and CEO. Fields announced his retirement on May 22, 2017. He currently serves as the CEO of Hertz, Senior Advisor at TPG Capital and on several corporate boards.
Fields was recruited by Ford in 1989 and moved up the ranks. He ran Ford's Argentina operations at the age of 36.
Fields was assigned to Japan to run marketing and sales for Mazda Motor Corporation (then owned by Ford). He was named president and CEO of Mazda Motor Corporation in 2000, at age 38, then the youngest CEO ever of a major Japanese company. Prior to his arrival, Mazda posted an annual operating loss of over $US100 million. Fields instituted a turnaround plan that saw Mazda post a 2001 operating profit of $215 million by creating a culture of promoting for talent rather than seniority, reducing labor costs, and implementing a unified design product vision that led to the company’s "Zoom-Zoom" brand image of the 2000s.
Early Life
Mark Fields born January 24, 1961 Fields was born in the New York City borough of Brooklyn. Fields grew up in Paramus, New Jersey, where he attended Paramus High School, graduating in 1979. Fields holds a bachelor's degree in economics from Rutgers University and a master of business administration from Harvard Business School. While studying at Rutgers, Fields joined the Delta Chapter of Zeta Psi Fraternity. He worked for IBM prior to earning his MBA.
Education
- Graduating - Paramus High School
- Bachelor's degree BA in economics - Rutgers University
- Master of Business Administration - Harvard Business School
Career
- Ford Motor Company - CEO