Since its founding in 1903, the Ford Motor Company has been run by a family dynasty. The company’s first president, Henry Ford, was a grandson. His son, Edsel Ford, was the second president. After Edsel’s death in 1943, his widow, Clara Ford, assumed the presidency. Clara was succeeded by Henry’s third and last child, Henry Ford II. Although Henry, Jr. did not have a direct stake in the company as his siblings had, he did have an active role in the Ford Motor Company. Henry, Jr. held many positions in the company, including vice president of research and development, vice president-finance, executive vice president-South America, and vice president-marketing. ^END^ The Ford family plays a large role in the Ford Motor Company and has for decades. At the start, Henry Ford II was running the company until he was replaced by his nephew, Henry Ford III. Henry and his descendants have had roles in the board of directors, as well as in other important leadership positions. The Ford family has been an important part of the company for centuries, with several members working together to build the company. Below, you’ll learn about the Ford family’s ties to the company, the family’s involvement in the company, and the current family members who own Ford today.
Who Owns Ford?
The Ford family plays a large role in the Ford Motor Company and has for decades. At the start, Henry Ford II was running the company until he was replaced by his nephew, Henry Ford III. Henry and his descendants have had roles in the board of directors, as well as in other important leadership positions. The Ford family has been an important part of the company for centuries, with several members working together to build the company. Below, you’ll learn about the Ford family’s ties to the company, the family’s involvement in the company, and the current family members who own Ford today.
The Ford Family and the Ford Motor Company
Since its founding in 1903, the Ford Motor Company has been run by a family dynasty. The company’s first president, Henry Ford, was a grandson. His son, Edsel Ford, was the second president. After Edsel’s death in 1943, his widow, Clara Ford, assumed presidency. Clara was succeeded by Henry’s third and last child, Henry Ford II. Although Henry, Jr. did not have a direct stake in the company like his siblings had, he did have an active role in the Ford Motor Company. Henry, Jr. held many positions in the company, including vice president of research and development, vice president-finance, executive vice president-South America, and vice president-marketing. ^END^
The Ford Family and the Board of Directors
The board of directors is a group of people who serve as advisors to the Ford family leadership. The board members, also known as directors, are appointed by the heirs to Ford and serve for six-year terms. The current directors are listed below: – Sam Ford: The family’s current chairman, Ford is the great-grandson of Henry Ford, Jr. – Bill Ford: The family’s current executive Chairman, Ford is the great-grandson of Henry Ford, Sr. – John Stahl: The family’s current vice chairman, Stahl is the great-grandson of Clara Ford. – Doug Schadel: The family’s current lead independent director, Schadel is the great-grandson of Henry Ford III. – Rob Jorgensen: The family’s current independent director, Jorgensen is the great-grandson of Henry Ford, Sr. – William Clay Ford Jr.: The family’s current board chairman, Ford is the great-grandson of Edsel Ford. – James L. Farid: The family’s current independent director, Farid is the great-grandson of Henry Ford, Jr. – Daniel K. Tarullo: The family’s current chairman of the Federal Reserve Board, Tarullo is the great-grandson of Henry Ford, Sr.
The Ford Family and Leadership Positions
As you can see from the board of directors, the Ford family members have held various leadership positions in the company. However, not every member has held a leadership position at Ford. Some of the family members have had positions in other companies, as well as in other industries. Some of the family members who have leadership positions outside of Ford are listed below: – Bill Ford: The current executive Chairman of the Ford Motor Company, Ford is the great-grandson of Henry Ford, Sr. – John Stahl: The current vice chairman of the Ford Motor Company, Stahl is the great-grandson of Clara Ford. – Rob Jorgensen: The current lead independent director of the Ford Motor Company, Jorgensen is the great-grandson of Henry Ford, Sr. – Doug Schadel: The current independent director of the Ford Motor Company, Schadel is the great-grandson of Henry Ford III. – William Clay Ford Jr.: The current board chairman of the Ford Motor Company, Ford is the great-grandson of Edsel Ford. – James L. Farid: The current independent director of the Ford Motor Company, Farid is the great-grandson of Henry Ford, Jr. – Daniel K. Tarullo: The current chairman of the Federal Reserve Board of the United States, Tarullo is the great-grandson of Henry Ford, Sr.
Current Family Ownership of Ford Motor Company
Currently, the Ford family owns about half of the Ford Motor Company. The two members of the family who have the largest ownership stakes are Bill Ford and Rob Jorgensen. Bill Ford owns about a quarter of the company, and Rob Jorgensen owns about a fifth. The remaining members of the family have a smaller ownership stake that does not exceed 1%. Currently, the Ford family owns about half of the Ford Motor Company. The two members of the family who have the largest ownership stakes are Bill Ford and Rob Jorgensen. Bill Ford owns about a quarter of the company, and Rob Jorgensen owns about a fifth. The remaining members of the family have a smaller ownership stake that does not exceed 1%.