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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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