Ford Keeps It In The Family

At its AGM, which coincided with the company’s 100th anniversary, Ford shareholders rejected proposals that would have weakened the Ford family’s hold over the company had they been accepted. Ford family members own four per cent of the company’s shares but control forty per cent of the voting rights. A further proposal, to set up a committee to investigate possible conflicts of interest between the Ford family and other shareholders, was also rejected, but attracted almost twenty per cent of the vote.