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Google Pursues Self-Driving Cars As Ex-Ford CEO Mulally Joins Board

Julia Sun
7/16/14 2:48 PM EDT
It looks like Alan Mulally is stepping from one boardroom into another. Google says it has appointed the ex-Ford CEO to its board. The Silicon Valley tech giant hopes to gain expertise in automobiles as it develops driverless cars. Mulally retired from Ford on July 1 after spending eight years at the helm of the automaker where he was credited with making Ford the only major U.S. automaker that didn't need a government bailout during the financial crisis. Prior to his retirement, he was reportedly considered a contender for the CEO job at Microsoft. Mulally will join Google's audit committee. Mulally said in the statement, "I am honored to serve on the board of a global iconic company that is dedicated to enhancing our lives. I look forward to working together with the Google board and management team to continue to deliver their compelling vision." TheStreet's Julia Sun reports from New York.
Stock quotes in this video: GOOG

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