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FORD MOTOR COMPANY DIED YESTERDAY

Started by 98SVT - was 06GT, June 03, 2022, 02:23:01 PM

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Royce Peterson

It's time for the Ford family to re - assume leadership. Clearly the current guy is in over his head.
1968 Cougar XR-7 GT-E 427 Side Oiler C6 3.50 Detroit Locker
1968 1/2 Cougar XR-7 428CJ Ram Air C6 3.91 Traction Lock

98SVT - was 06GT

#16
Quote from: Royce Peterson on June 04, 2022, 05:59:00 PM
It's time for the Ford family to re - assume leadership. Clearly the current guy is in over his head.
That is part of the problem. With the great grandkids getting into the driver's seat. Henry III is "car people". Bill's daughter not so much and yes the stockholders haven't been happy for at least the past 2 years - but it's more about them not having a real say.

The "kids" both received Ivy League educations prior to earning their business degrees, working in fields outside of the automotive landscape before swiftly rising through the ranks at Ford Motor Co. This raised concerns of nepotism that are both difficult to prove and fairly normal among large companies. Still, the matter came up during Thursday's shareholder meeting via a proposal to strip the family of its special class of stock and swap to a one-share, one-vote arrangement. The suggestion garnered a support rate of 35 percent support — a slight improvement over last year's 34 percent. https://www.thetruthaboutcars.com/2020/05/family-feud-ford-dynasty-questioned-by-investors/

https://www.thedetroitbureau.com/2021/05/ford-motor-co-adds-two-family-members-to-board-of-director/#:~:text=Company's%20had%20family%20on%20board%20for%20118%20years.&text=The%20pair%2Cy%20and%2040,the%20board%20for%20118%20years.
Previous owner 6S843 - GT350H & 68 GT500 Convert #135.
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