https://247wallst.com/investing/2024/04/30/ford-needs-to-replace-chairman-revamp-board/
Finally someone got sick and tired of the sh-t show at Ford, and openly call Ford chairman to step down, and replace the family and friends board members. Thumbs up!👍
Maybe PWH will make a front page headline Freep article out of this….
Will Alexandra’s tshirt business have it own financial statements?
Billy and Jimmy still moving in the EV direction.... amazingly stupid.
Nailed it!!!!
The Ford incompetency starts at the top and runs down to LL6 level. Nothing will change when you have many arrogant leaders.
Ouch!! The truth hurts. It's embarrassing when others from the outside sees what's going on. The situation only got worse when Boston Consulting selected a lot of good people for the Company to let go.
“Over the period since early 1999, when Bill Ford took over, Ford’s shares have gone down 52%. Toyota is higher by 159%.”
Absolutely spot on!! All shareholders should exercise your right to vote and vote NO on your proxy for election of every current board member. We need an engineer in charge...Mullally and Hinrichs were definitely good ones.
The author is 99% correct. The author 1% miss: BoD is hand-picked by the Ford Family. It is the ultimate “friends and family” insiders.
Has anyone sent this article to Bill, Jim, Henry and Alexandra yet?
With copies also to the rest of the Board and 90 other “Executive leadership?”
All of them should be embarrassed and humbled.
This is one reason Ford employees have a hard time getting jobs elsewhere: we are seen as a group lacking competence. The longer you work at Ford, the more that label sticks to you.
Thank the Ford family.
Billy Bob and Farley dumped billions into the EV rat hole while disregarding their own marketing. Toyota is laughing at eco Bill and SNL Farley
Who is paying for this f up? The employees who got canned and jobs sent overseas.
lol at them thinking WCF and the rest of the FORD family have any chance of being replaced on the FORD board...
Wow, amazing similarities of what happened to this country in the last 3.6 years as Brandon took office.
Maybe BF and JB can coauthor a book.
Long overdue and 100% accurate. And everyone was already thinking that same POV as the author during the past 2 years.
Ford BoD is stacked with all woke liberalism. Doomed to fail without checks and balances in place. Tough love is always needed and reality. Send all of fords BOD back to California where they belong!!!! Totally useless!!!!
For some reason the EV cult lives on - just look at IL and Rivian when the solution has no future as a mass mobility fuel. Just do the math, this fails the test on so many levels. Betting big when the rest of the world was bailing out and then ditching EV programs should have been a big blinking "not going to work" sign. But no, somehow too many people are convinced that money solves physics problems. Lesson learned here - it doesn't. It rarely does. It makes hucksters a fortune though.