Mulally out ? Ford CEO downplays early exit rumors

Alan Mulally, the president and CEO of Ford Motor, has told CNBC that he is committed to his job, playing down reports that he could leave the company earlier than expected.

"I clearly am absolutely focused on Ford... I love serving Ford," he said on Friday.

The comments come amid reports that Ford's board of directors is open to letting Mulally step down earlier than expected as he "explores other roles", according to Reuters sources.

The 68-year-old was expected to remain CEO of the second-largest U.S. carmaker until at least the end of 2014, according to a company succession plan outlined last year. Mulally was hired in 2006 and has been credited with helping to bring Ford back from the brink of collapse at the height of the financial crisis.

Mulally was speaking to CNBC at Berlin's IFA technology conference where the company is expected to unveil a new concept car later on Friday.

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