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December 5, 2013 11:17 pm GMT

Microsoft Sheds $12B In Market Cap On News That Fords Mulally Wont Be Its Next CEO

2013-12-05_09h49_12Ding. Today investors unloaded Microsoft's stock following indications that current Ford President and CEO Alan Mulallywon't be its next CEO. Ford board memberEdsel Ford II stated that "Alan is staying through the end of 2014," a timeframe that is past the 12-month range that departing Microsoft CEO set to find his replacement.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/2EEflVk6-3M/

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