Bill Ford Jr. has more sway than ever over the automaker that bears his surname, as the great-grandson of Ford's founder has reportedly doubled is holdings of Class B Ford stock. According to a report from Reuters (which cites a newly discovered securities filing), he acquired some 3.7 million Class B shares from an unnamed family member.

Class B shares of Ford stock are held by descendants of Henry Ford and offer expanded voting power to their holders – Bill Ford Jr. now controls roughly 11.5 percent of the total Class B pool. Ford Jr. is also a one of five trustees that manage a voting trust that oversees the majority of these "supervoting" shares. In total, Reuters reports there are 71 million Class B shares that account for 40 percent of the voting power in the company, despite making up just 2 percent of the total volume of all Ford stock.

Ford Jr. served as Ford's CEO until 2006, when he stepped down to hire and make space for current CEO, Alan Mulally. The move to consolidate Ford family voting power, at least somewhat, is seen by many as a comforting sign with Mulally's departure from the company likely to happen in the next several years.

Still, some shareholders would just as soon Ford Jr. and the Ford family lose their grip on the supervoting shares. In May, shareholders came closer than ever to reducing the family's power, with 33.4 percent voting to end the dual-class stock system.


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  • 32 Comments
      rbearland
      • 1 Year Ago
      Didn't know about the class B shares voting power. Interesting. We have three Ford products and they are now my favorite car company. Mullaly has been a good CEO for the Fords.
        • 1 Year Ago
        @rbearland
        [blocked]
          IcoHolic
          • 1 Year Ago
          In 2012 Toyota, Honda and Jeep had the most recalls of any manufacturer. Toyota and Honda had them on multiple models and on the luxury brands. No one is yet band mouthing either company's quality. MFT is a blown out of proportion issue that Consumer Reports beats on and somehow becomes a fact in the public eye. I've had minor issues with the system and it is getting better. Ford has publicly acknowledged they are going to change the direction of it and continue to improve what's out there. Recalls will always happen, you cannot possibly test every single system on a car in every situation that may arise in the real world.
          Walt
          • 1 Year Ago
          I would rather have a few recalls done on a new model than wait for years for a recall to happen on an Asian vehicle. Kudos to Ford to jumping on - and fixing - potential problems quickly.
          • 1 Year Ago
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      vizcarmb
      • 1 Year Ago
      I just recently saw a documentary about this Henry Ford guy and Bill over here is going to pull the same crap Henry did by controlling a good chunk of the company and screwing over the shareholders. I wonder how this will turn out? Henry was not a very bright person and got his ass handed to by his own peers in a court of jury. Was not a very liked person. I would definitely watch that documentary
        Randy
        • 1 Year Ago
        @vizcarmb
        You obviously have no clue about the man you're talking about. Bill or Henry!
      mrrallen1959
      • 1 Year Ago
      I would like to know why Ford Motor Co has not recalled all of those trucks and suv's with the triton 5.4 3valve for the worst engines that they put out. I surf the Internet and did some research and I found that these engines failures are always the number three a d four pistons. I had trouble with this suv from day one it was brand new with about 500 miles on it. I think there should be a major recall and right now my suv is back in the shop for engine failure
        techie69
        • 1 Year Ago
        @mrrallen1959
        People that buy these trucks have accepted its shortcomings and make their own repairs or are on a first name base with their local mechanic.
      mrrallen1959
      • 1 Year Ago
      I would not buy another ford product if my life depends on it
      • 1 Year Ago
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        Unanything
        • 1 Year Ago
        Sea Urchin please just stfu, your useless drivel is significantly lowering the iq of the comments section.
        GML
        • 1 Year Ago
        Don't feed the troll, people.
        Brodz
        • 1 Year Ago
        You just went full retard. You never go full retard!
          • 1 Year Ago
          @Brodz
          [blocked]
      • 1 Year Ago
      [blocked]
        Alfonso T. Alvarez
        • 1 Year Ago
        So, government motors - are you talking VW, Hyundia or Kia or any of the numerous other OEM's all over the world that are partially owned or receive financial assistance by their respective governments?
        • 1 Year Ago
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          Brodz
          • 1 Year Ago
          Since taking the reigns at Ford, Mulally has propelled the company to the healthiest it's ever been in dceades. The Product across the line up is the best it ever has been - as in consistently good - and the the company is in the best financial position it's ever been in in decades, with ever shrinking debt, and investor confidence. These are facts also.
        • 1 Year Ago
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      Andrew
      • 1 Year Ago
      thsi guy's is just you're typical republican power hungrey and greedy I bet he doesn t pay taxes either. why bye a FORD when you can get a faf superior GM vehicle GM is on a product roll new CST Regal LaCrosse and Silverato and Sierra are all class leading and kill FORD. let them go bankrupt
        m_2012
        • 1 Year Ago
        @Andrew
        LOL, what? I put those "words" in my phone and it fixed them just fine. Even 'Silverato' it got right. Time for a new Obama phone for you.
        • 1 Year Ago
        @Andrew
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        Andrew
        • 1 Year Ago
        @Andrew
        C T S my phine keeps auto fix
          • 1 Year Ago
          @Andrew
          [blocked]
        Andrew
        • 1 Year Ago
        @Andrew
        CST*
        • 1 Year Ago
        @Andrew
        [blocked]
      GFB
      • 1 Year Ago
      Bill Ford is no Ferdinand Piëch. Fords scions (except, perhaps, Bill's pop) have shown that they knows nothing about the car business unlike the German families (Quandt [BMW AG], Porsche & Piëch [Volkswagen AG]). Judging by the record of turmoil and mediocrity at the Detroit Lions, Bill Ford's business acumen is questionable. Having Ford billions in his pocket gives him instant credibility far beyond his capabilities. Bill Ford is the 4th generation poster-boy for inheritance taxes (whether you agree with them or not). Make 'em earn it!
      Brodz
      • 1 Year Ago
      Everyone can criticise, but if your forefather had created that company, you'd want to make sure you were in control of it's future as well.
        GFB
        • 1 Year Ago
        @Brodz
        Yes, but I'd want to make sure that I knew as much about the automobile business as anyone in the world. The corporate culture of Ford had to change but Bill Ford couldn't do it because his career at Ford was assured, not earned. Ferdinand Piëch, scion of the Porsche family, worked in the bowels of the industry as a young man, became an engineer and learned the automobile industry from the bottom up. Now he commands the Volkswagen Group. Bill Ford went to prep school far from Dearborn and was an Ivy League history major and got a management graduate degree. His formative years had nothing to do with the automobile industry. Did he really EARN the CEO spot or did his name and portfolio have something to do with it? Now he chairs the board because of his stakeholder clout, not his expertise. Mullaly commands Ford.
      Saurabh Bajaj
      • 1 Year Ago
      more importantly, what's going on with his face?
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