Ford Motor Co. CEO Alan Mulally will be out of action this week due to scheduled shoulder surgery. Ward’s does not know how long he will be in recovery. Calls to Ford were not immediately returned. The 64-year-old executive today informed Ford employees of the pending procedure, intended to repair an old tennis injury. The news comes in the wake of the auto maker’s disclosure it earned $997 million in the third quarter, a $1.2 billion swing compared with year-ago. Mulally is an avid ...

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