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Tag Archives: ford family
Dissident Shareholders Challenge Ford Family Control Again on Annual Meeting Ballot. One Share, One Vote Sought
The Ray T. and Veronica G. Chevedden Family Trust of Los Angeles, California will present a proposal at the Ford Motor Company Annual Meeting that seeks to end the Ford family control of the automaker via their special voting rights of Class B stock. “It is time that the 57-year practice (1956-2013) of disenfranchising Ford public shareholders be changed for the common benefit of all shareholders,” the proposal says. Continue reading
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Tagged auto informed, autoinformed.com, automotive news, ford family, ford motor class b stock, Ken Zino
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Alexandra Ford English to Join Rivian’s Board of Directors
The announcement comes at crucial point for Ford Motor as analysts are speculating that future of a challenged Ford – operational competence, liquidity, as well as quality and warranty issues – will require a merger with another global automaker, perhaps Volkswagen. (Bill Ford has been quoted – second hand – by insiders as saying “No.” Then after a pause “Hell No.”) Continue reading →