Bill Ford Jr.

Ford filed an analysis of the Firestone defect with NHTSA earlier this month. In its report, the company concurred with Firestone that faulty tire design and manufacturing is the root cause of the problem. However, Ford also blamed poor customer tire maintenance.Ford and Firestone have engaged in a public feud for months about which company is responsible for scores of deadly accidents.The second-largest automaker points the finger at faulty tires. Firestone -- a subsidiary of Bridgestone of...Read Full Story

Its floor-to-ceiling bookcases are stuffed with hundreds of books about Henry Ford. Mulally says he was a student of Ford and the Ford Motor Co. long before he was offered the job to run it. "One of the reasons I took this job is because I wanted the opportunity to work for a company that is an American icon," he says. This is from CEO Alan R. Mulally Knew all about Ford Motor Company, before he even took the CEO position. Mr. Mulally knew  about the defective cruise control switch yet, he...Read Full Story

Alan Mulally has no plans to retire just yet. The 65-year-old Ford CEO is still going strong at the helm in Dearborn, and is working to get his company back up to an investment-grade credit rating. Still, Bill Ford, Jr. explained to reporters last week that the former Boeing CEO’s replacement will probably come from within the company. According to The Detroit News, Ford went as far as to say it would be “very unusual” if Mulally’s replacement came from outside. The executive chairman...Read Full Story

Alan Mulally has no plans to retire just yet. The 65-year-old Ford CEO is still going strong at the helm in Dearborn, and is working to get his company back up to an investment-grade credit rating. Still, Bill Ford, Jr. explained to reporters last week that the former Boeing CEO’s replacement will probably come from within the company. According to The Detroit News, Ford went as far as to say it would be “very unusual” if Mulally’s replacement came from outside. The executive chairman...Read Full Story

Leftlane Ford Motor Company's executive chairman, Bill Ford Jr., vowed five years ago not to take any payment from the automaker that bears his name until the company's automotive sector achieved a full year of profitability without the aid of special items.Following five consecutive quarters of profitable growth, Bill Ford Jr. will finally end his five-year wage freeze, being paid a $4 million salary and in stock options worth $11-12 million.Discussion: detnews.com - detnews.com - FreepRead Full Story