(The Hosting News) – Microsoft’s front runner candidate for new chief executive, Alan Mulally, has officially declared that he will not be going to the tech company, reports Reuters.
Ford Motor CEO stated he would not be succeeding retiring CEO, Steve Ballmer, by claiming he has “no other plans to do anything other than serve Ford.”
“You don’t have to worry about me leaving,” stated Mulally to the Associated Press in an interview.
Ford spokesman, Jay Cooney, confirmed the statement.
“Alan made it perfectly clear that he wanted to end all speculation. He has no plans to do anything else other than continue serving Ford.”
After the interview with the AP, Ford shares rose by 1.3 percent, while Microsoft shares fell 1.1 percent.
Rumors linking Mulally’s candidacy as Microsoft CEO reportedly “frustrated” Ford’s board of directors due to the media attention overshadowing Ford’s products announcements, continues the report.
In August, Steve Ballmer, Microsoft’s CEO since 2000, announced his retirement by stating he would retire within 12 months.