Jason Vines, former head of communications at Ford among other automakers, is accusing the Blue Oval of bugging his company phone and his car during the Firestone tire recall for the Explorer in 2001. The allegations have come to light in Vines' upcoming book What Did Jesus Drive? Crisis PR in Cars, Computers and Christianity.
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.
Fiat Chairman John Elkann has been turning to an unusual source for advice on the car business. While speaking during an interview with The Detroit News, Elkann said he often asks Bill Ford Jr. for advice on how to proceed with the turnaround at Chrysler. "It's great to have the opportunity to share this with someone like Bill, who has experienced many things and gone through many things ... especially linked to Detroit." Elkann said.
If you're Alan Mulally's gardener, it's probably a good time to ask the boss for a raise. The Ford Chief Executive Officer just pocketed $58.3 million in stock earlier in the month, and now his 2011 compensation has been made public – and it's increased some 11 percent.
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.
Ford Motor Company Executive Chairman Bill Ford, Jr. and Chief Executive Alan Mulally have reportedly been given big-time bonuses by the Blue Oval for keeping things moving when General Motors and Chrysler filed for bankruptcy. Mulally received $56.5 million worth of Ford stock before taxes and Ford got stock worth $42.4 million.
Following the introduction of a barrage of new vehicles like the C-Max Energi and C-Max Hybrid at the Detroit Auto Show today, Ford Motor Company executive chairman William Clay Ford, Jr., spent some time talking to reporters about his company's electrification program (and other, minor things, like jobs and huge expansion in Asia). The takeaway point was that this is the age of the electric vehicles. The technology is ready, he said, but public acceptance depends on the cost of gas and the avai
Bill Ford made the sacrifice, now he's earned the reward. After living sans salary from Ford for five years, Bill is due to receive $4 million in cash and up to $12 million in stock options. That doesn't cover the entire five years, but rather the last two – it's what he would have made from 2008 to now. Ford made his pledge before the downturn and couldn't have known he'd go five years before "sustainable profitability" was achieved, so the compensation committee backdated his pay to Janu
Let's sit down for a moment and think back to 1988. Have a clear picture yet? Neither did we, at first, so here's a refresher. Back then, environmentalists were likened to extremists. Their viewpoints were thought to be so far-fetched and disconnected from popular views that they were outsiders, even weirdos. In some ways, Bill Ford fit into that group of crazy environmentalists. Not a major problem, unless you're hired as the director of Ford Motor Company – then it's a huge complication.
Ford executive chairman Bill Ford closed out the 2010 SAE World Congress with a reminder: "All the early cars were electric." Why do so few people remember that electric cars date back more than a hundred years? Ford suggested it's because, electric cars have "been around really for the past century or so, but they really haven't had mass market appeal." There's the answer: without mass market appeal, technologies will be forgotten.
Bill Ford, Jr., executive chairman of the Ford Motor Company, admits he was surprised at former General Motors CEO Rick Wagoner being asked to step down by the Obama administration. Even as Ford applauded the White House, saying "One of the things we've never had in the past is an administration that wants to pull all the parties together and figure out an energy policy and how to make a strong automotive industry and he is doing that," he also told CNN's Larry King: "I guess I never thought I'd
Bill Ford, great-grandson of Henry Ford himself, is reportedly hedging his bets on green technology for the automaker that bears his name. Ford has spoken directly with President-elect Barack Obama about energy, especially as it relates to the automotive industry, and the Blue Oval exec likes what he hears from our next President. According to Mr. Ford, he's shared his plans for his company's future with Obama and has plans to continue to do so. One big issue Bill Ford sees with future automotiv
Could an interview with Bill Ford possibly be more timely? No sooner do rumors surface about a Ford-Renault-Nissan tie-up if the GM-Renault-Nissan talks fall through, than up pops an interview of the emabattled CEO by BusinessWeek's David Kiley.