Speaking with Associated Press, the 68 year-old CEO poured cold water on the rumours that he may be departing soon to take up the top job at Microsoft.
Mr Mulally said he remains committed to the global carmaker. Quizzed on the Microsoft reports, Mulally replied, “I have no other plans to do anything other than serve Ford”.
“You don't have to worry about me leaving,” Mr Mulally said.
Mulally will reportedly remain in the top office at Ford’s Detroit HQ until at least the end of this year, honouring a commitment outlined by Ford in 2012. The CEO first joined Ford in 2006.
The impact from Mr Mulally’s statement saw Ford shares rise 1.3 percent and Microsoft shares dip 1.1 percent.
Mr Mulally’s official title with the Ford Motor Company is President and Chief Executive Officer, while also serving as a member of the company’s Board of Directors.