• Aug 28th 2009 at 6:29PM
  • 40
Ford Motor Company is a publicly traded company with a catch: the Ford family permanently holds 40% of the company's voting shares. That means the Ford family has an awful lot of pull, and if someone carrying the family name wants a job, there's a 100% chance they're going to get one.

The latest Ford family member to take a place at the company built by his great grandfather is Henry Ford III. The 29-year-old son of Edsel Ford is fresh off a summer internship at Galpin Ford, where he told AutoWeek that he sold five Fords and a Volvo. He is also getting his MBA at the Massachusetts Institute of Technology, a.k.a. MIT, and he's getting ready to join the Ford team back in Dearborn. Henry III has been working at the company with his name on the door for some time, having already participated in the all-important labor contract negotiations in 2006 and 2007. He also worked as a junior high school math and English teacher, so his background is rather diverse.

While it's tough to argue that the Ford name hasn't helped Henry III tremendously (he did, after all, reportedly meet with then-CEO Bill Ford and other Ford execs in 2006 to discuss which job he'd receive), the newest Henry does appear to have his head on straight. Does he have a family right to one day run the company? We hope any promotions will come with actual accomplishments, but it may ultimately be too hard to ignore someone named Henry Ford.

[Source: AutoWeek | Image: Mark Vaughn]

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    • 1 Second Ago
      • 6 Years Ago
      he's 26, not 29

      more of those pesky facts getting in the way again.
      • 6 Years Ago
      Good for him. Better than most of the rich kids that do nothing but dodge the law and live off of the family.
      • 6 Years Ago
      He may have gotten in MIT on the name, but I sure he had to work at it to graduate. I work with a bunch of ivy league wonder kids and most have trouble figuring how to turn on the coffee maker or the basic skill of replacing the water bottle. But, every so often I run into 1 or 2 that make through with their street smarts, common sense and a sense of duty intact. I wish him well.
      • 6 Years Ago
      Nope, he IS 29. i just checked Wikipedia for the Pesky facts. Never trust anyone born in 1980. You wanna see someone coming in late and leaving early all the time?
        • 6 Years Ago
        @l.i.dave fail....

        From Wikipedia:

        Great-Grandson: Edsel B. Ford II (1948-) Board of Directors member, FoMoCo

        Great-Great-Grandson: Henry Ford III (1980-
        Great-Great-Grandson: Calvin Robert Ford (1983-
        Great-Great-Grandson: Stewart Spencer Ford (1986-
        Great-Great-Grandson: Albert Bishop Ford (1992-
        • 6 Years Ago
        Actually the New York Times article that Autoblog borrowed from has his age at 26. Henry Ford III isn't in wikipedia. Good try though.
      • 6 Years Ago

      All your anger still can't overpower the truth. HE IS NOT 26 HE IS 29. here is the link. who are you going to believe ; your ego or your lying eyes?

      • 6 Years Ago
      I'm all for pedigree and working in the family business,

      but c'mon 29 and finally going through an internship, not to mention finishing up an MBA. Given the head start this Ford was given, he should've been working there earlier.

      • 6 Years Ago
      car salesman/Fail
      • 6 Years Ago
      I bet he drives a Jeep.
      • 6 Years Ago
      I guess nepotism is endorsed in Dearborn
        • 6 Years Ago
        ...because which father would want his son to work in a family company, right?
        • 6 Years Ago
        What a horrible thought. Actually having employees that care about the company they work for. They might even have a few Executives who are in it for more than the bonus. People whose working career lives and dies with this one company because it actually bears their name. If there was any talent in that pool they would be fools not to tap into it. However despite the massive size of the Ford Family and their control of the company they haven't just stocked the board with family members. In fact Bill Ford was the one CEO who was smart enough to realize that the best job he could possibly do for the family company was getting someone else to do the job. That kind of humility and self sacrifice doesn't happen when it's just a place you work for.

        The guy also got career advice from a member of the family. Big deal. They sent him out into the trenches to get some experience. He is obviously not quite being handed everything on a silver platter.
      • 6 Years Ago
      I'll give him the benefit of the doubt - while his name could have helped him into MIT, it didn't keep him there long enough to graduate - that he did on his academic merits.

      Still, 6 cars in his two weeks there is an impressive accomplishment for most salesmen, even experienced ones! Hopefully he will be more assertive than Bill was, he just couldn't bear to make the painful cuts he needed to make.
      • 6 Years Ago
      wow who cares if this bill ford takes over. he looks like a decent guy, he taught HS math / lol I wonder how many of his students asked this> MR Ford If I get a A plus on my math test, can I get a treat 'caugh' a mustang in cherry red please Mr Ford ;)

      Heck he may be the best thing or the worst thing to happen to ford, but no one knows yet so chill out !

      Ford my advise, keep the CV for police and cabs and the limited buyers pool of old people who enjoy boats like the cv and put a strong 2.3 liter turbo in the base mustang for after market players, like the Hyundai genesis coupe 2.0 turbo which has been a hit. also finish bringing back the 5.0 Mustang GT. Make sure the U.S gets the new Ranger Pickup.

      if you only do one thing, A l4 turbo for the mustang is my bet
      • 6 Years Ago
      Wow...he sold FIVE whole Fords...that is not only really sad...but hilarious at the same time.

      Based on that horrid performance alone he doesn't deserve the job.

      If big Al is smart, he will appoint the Ford dude to CEO right before Ford files for C11.
        • 6 Years Ago
        Oooh...how original.

        You need new material.
        • 6 Years Ago
        • 6 Years Ago
        At least he is not living in his moms basement like you.
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