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This became the Cadillac Motor Company on August 22, 1902, after Ford left with the rights to his name. [18] In 1903, the Ford Motor Company was launched in a converted factory, with $28,000, equivalent to $950,000 in 2023, in cash from twelve investors, most notably John and Horace Dodge, who later founded the Dodge Brothers Motor Vehicle Company.
Ford's third-quarter earnings were nearly double analysts’ expectations. Learn about its net worth, stock performance and upcoming business moves before investing.
According to Forbes magazine, Ford was the 371st richest person in the United States in 2013, with an approximate net worth of $1.4 billion. [15] He reportedly owned in Ford Motor Company: 6.7 million shares of Class B stock and 26.3 million common shares; making him the largest single shareholder.
Before joining Ford in November 2007, Farley was group vice president and general manager of Lexus, responsible for all sales, marketing, and customer satisfaction activities for Toyota’s luxury auto brand. [4] From 2015 to 2017, he was CEO and chairman of Ford Europe. From June 2017 to May 2019, he was Executive Vice President and president ...
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The Ford family are also members of the Episcopal Church. [ 1 ] Although the Ford family's ownership stake in the automaker had declined to less than 50% of the company's equity as of 2010 [update] , the family retained operational control through a special class of stock that was established early in the company's history and retained when the ...
William Clay Ford Jr. (born May 3, 1957) is an American businessman, serving as executive chair of Ford Motor Company. The great-grandson of company founder Henry Ford , Ford joined the board in 1988 and has served as chair since January 1999.
Henry Ford (July 30, 1863 – April 7, 1947) was an American industrialist and business magnate.As the founder of the Ford Motor Company, he is credited as a pioneer in making automobiles affordable for middle-class Americans through the system that came to be known as Fordism.