Ford creates $1 million engineering scholarship

Bradford Wernle
AUTOMOTIVE NEWS

Published: July 11, 2014 9:49 am ET
Updated: July 11, 2014 9:53 am ET

Image By: Ford Motor Co. Alan Mulally, left, retired as CEO of Ford Motor Co. in June. The company has created an engineering scholarship program in his honor.

Related to this story

Companies & Associations Ford Motor Co.

Ford Motor Co. has created a $1 million scholarship program for engineering students in honor of former CEO Alan Mulally, who retired June 30.

The Alan Mulally Leadership in Engineering Scholarship program will hand out 10 onetime $10,000 scholarships annually to sophomore or junior engineering students at universities around the world, the company said today.

The program will kick off in spring 2015 and run for 10 years. Half the money will come from Ford Motor Co. and the other half from the Ford Fund, the company’s philanthropic arm.

Mulally, an engineer by training who joined Ford as CEO from Boeing in 2006, put technology at the forefront of his drive to reinvent the automaker.

“Alan’s engineering background and data-driven decision making paved the way for the extraordinary leadership he provided at Ford,” Ford Executive Chairman Bill Ford said in a statement. “We are honoring his legacy by providing scholarships to students who demonstrate the strong engineering ability that is required to develop into the next generation of leaders for our industry.”

The Ford Fund will manage the program. Scholarship winners will be connected with the company’s corporate science, technology, engineering and math strategic initiative, which is “building the next generation of leaders in these key disciplines,” the company said. Ford will work directly with partner universities to identify candidates.


Comments

Ford creates $1 million engineering scholarship

Bradford Wernle
AUTOMOTIVE NEWS

Published: July 11, 2014 9:49 am ET
Updated: July 11, 2014 9:53 am ET

Post Your Comments


Back to story


More stories

Image

Ford's final ACH plant, injection molder of HVAC systems, to close

October 22, 2014 1:58 pm ET

Ford Motor Co. will shed the last line of business in 9-year-old Automotive Component Holdings LLC by December when ACH closes its Plymouth, Mich.,...    More

Image

Ford asks suppliers for backup plans to avoid repeats of supply shortages

October 13, 2014 7:36 am ET

Ford Motor Co. is asking Tier 1 suppliers to make backup production plans for key plants that could disrupt Ford's vehicle assembly if they shut down.    More

Market Reports

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 million dollar plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events