GM, Ford placed in top 10 on 2012 Fortune 500 list
Posted May 8th 2012 1:30PM
CommentsAdd
If you're a blue-blooded capitalist, there's nothing better than leading your company to the top of the Fortune 500 – except for making billions of dollars in profits, that is. But thankfully those two objectives tend to go hand-in-hand, as proven by these two men.
Indeed, General Motors CEO Dan Akerson and Ford CEO Alan Mulally have plenty to smile about when looking at the 2012 Fortune 500 list, as their respective companies are pegged at fifth and ninth. While Ford's profit last year dwarfed GM's, according to the Fortune list, GM's revenue was greater than all but four other corporations: Exxon Mobil, Wal-Mart, Chevron, and ConocoPhillips.
The only other automotive firm to hit the top 100 was supplier Johnson Controls at 67, though plenty of other suppliers made the list, including Goodyear at 126 and Ford spin-off Visteon at 321.
