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Bill Ford

FB Roundup: Exor, Ford Motor Company, Daily Mail and General Trust

October 4, 2021

Agnelli family’s Exor unites Ferrari with former Apple designer Sir Jony Ive, Alexandra Ford English in driving seat of global Ford merchandising, Extra time for Rothermere bid to take Daily Mail trust private.

Agnelli family’s Exor unites Ferrari with former Apple designer Sir Jony Ive

John Elkann, the Agnelli family scion in control of Ferrari, anticipates “great things” from a new long-term collaboration with Sir Jony Ive, the design mastermind of Apple products.

FB Roundup: Adani Group, Maersk, Ford Motor Company

September 27, 2021

Adani doubles green investment pledge of rival Reliance, Maersk makes waves with series of e-commerce deals; the 40-year vindication of Bill Ford, the auto environmentalist.

Adani doubles green investment pledge of rival Reliance

Gautam Adani, India’s second wealthiest tycoon and leader of his infrastructure and energy empire Adani Group, has announced a $20 billion investment in renewable energy only weeks after rival Mukesh Ambani, India’s richest person, committed to producing the green energy hydrogen.

FB Roundup: Medline Industries, Ferrero Group, Ford Motor Company

June 11, 2021

Mills family sells majority Medline stake in $34 billion private equity ‘club deal’, Ferrero takes another bite out of biscuit market with $509 million Burton’s deal, Auto heiress Alexandra Ford English becomes first female Ford director.

Mills family sells majority Medline stake in $34 billion private equity ‘club deal’

The fourth-generation Mills family which owns Medline Industries, the largest US privately held manufacturer and distributor of healthcare supplies, looks set to seal one of the largest private equity deals since the Global Financial Crisis.

Top 75 Family Business Leaders 2019: Americas

September 30, 2019

CampdenFB has featured many of the leading lights in the family business and family office space over its 75 issues. Here we take a look at some of the icons in the world of business families plus the up-and-comers taking the community into the 21st century

CampdenFB has featured many of the leading lights in the family business and family office space over its 75 issues. Here we take a look at some of the icons in the world of business families plus the up-and-comers taking the community into the 21st century.

When not to keep it in the family: How to hand over to a non-family executive

February 12, 2019

You can’t choose your family, but you can choose who runs your business. Alexandra Newlove talks to a range of experts about bringing in outside help

In 2006, as Ford Motor Company headed towards a $12.7 billion loss, the worst in the company’s 103-year history, Bill Ford, chief executive and great-grandson of the legendary Henry Ford, realised he needed help.

In an email to staff, Ford introduced his new top man: former Boeing transformation master Alan Mulally, who over the next eight years executed a revitalisation which saw the automaker’s stock appreciate more than 1000% from recession lows, and Mulally remembered as one of the all-time great business leaders.

New Ford chief executive to drive push towards EVs and robotics

May 23, 2017

Ford Motor Company has replaced chief executive Mark Fields, following poor sales and a 40% drop in the company’s share price during his three-year tenure.

Ford Motor Company has replaced chief executive Mark Fields, following poor sales and a 40% drop in the company’s share price during his three-year tenure.

Fields has been succeeded by Jim Hackett, a 62-year-old who has headed Ford’s Smart Mobility LLC since March 2016.

Fields’ 28-year career with Ford ended on Monday, as the car company announced a series of leadership changes, part of a wider move to cut 1,400 jobs, about 10% of staff.

Ford fifth-gen to steer new company division

February 15, 2013

A fifth-generation member of the Ford family has been promoted vice-president of the eponymous US carmaker. Elena Ford is also poised to take the wheel of a new division managing strategy and customer service at Ford dealerships in March.

Family businesses and a rally of profits

January 26, 2012

Last year was a tumultuous time for markets on the back of fears of a second recession, but some family businesses look to have weathered 2011 remarkably well, reporting record revenues and profits.

Take for example the Bosch Group, the German car parts supplier controlled by descendants of the founding family. Revenues at the Stuttgart-based family business exceeded €50 billion for the very first time last year, according to preliminary figures released by the company this week.

Succession breeds success

July 8, 2011

Handing control of a family business over to the next generation is perhaps the biggest challenge facing any family business, and the way it is handled decides if a company will thrive or fail. Katie Barker, with an eye on 50 editions of FB, speaks to a number of family business luminaries on how they have dealt with succession.

The family Ford probably know a thing or two about succession. After all Bill Ford – the great-grandson of one of the main architects of global capitalism, Henry Ford – is the executive chairman of the company his illustrious predecessor founded more than 100 years ago.

Support declines but Ford family retain control

May 13, 2011

The Ford family, who control the US-based carmaker of the same name, won a shareholder vote on 12 May to retain the multiple voting shares through which they control the company.

The proposal to dismantle the group’s two-tier share system was rejected at the company’s annual shareholder meeting by a 68.5% majority, Ford said in a statement.