US – The programme to assist students pursuing degrees in automotive engineering, which is being established in honour of former CEO Alan Mulally, will see the OEM administering ten $10,000 scholarships per year. The programme will run for a decade from spring 2015.
“Alan’s engineering background and data-driven decision-making paved the way for the extraordinary leadership he provided at Ford,” commented Ford executive chairman Bill Ford. “We are honouring 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.”
Alan Mulally Leadership in Engineering Scholarship programme will be financed by $500,000 from Ford itself and $500,000 from the company’s philanthropic arm, Ford Motor Company Fund.
Ford Fund will manage the programme as part of its global Ford Blue Oval Scholars scheme. Scholarship recipients who have been selected with the assistance of partner universities will join the OEM’s corporate science, technology, engineering and maths (STEM) strategic initiative.