Posts Tagged ‘Ford shareholder meeting’

Ford Execs Fend Off Shareholder Concerns About Emissions, Compensation

Shareholders express thoughts about company, execs at annual meeting.

by on May.10, 2018

Ford CEO Jim Hackett and Chairman Bill Ford told shareholders that they are in favor of leaving CAFE standards where they are.

Ford Motor Co. top officers fended off challenges from environmentalists and stockholders during the company’s annual meeting, but shareholder dissatisfaction was clear once the votes were counted.

Executive Chairman William Clay Ford Jr. said there was a lot of “misunderstanding” about the company’s position on corporate average fuel economy, which the Trump administration has proposed rolling back.

News Now!

“We are not asking for a rollback. We want California at the table. We are working for one national standard that includes California,” the chairman insisted in response to a question during the “online” meeting by shareholder, who asked about the company’s lobbying efforts. (more…)

Ford Strategy Coming Under Tight Scrutiny

Board of directors expected to press Mark Fields for answers.

by on May.11, 2017

Ford CEO Mark Fields may be forced to answer some tough questions from the company's board of directors this week.

With its long history of sudden changes in top management, any suggestion inside the Ford Motor Co. that a key executive might be facing tough questions about the direction of their management is certain to create ripples.

The tremors around this week’s meeting of the company’s board of directors prior to the Ford’s annual shareholders meeting were created by reports that CEO Mark Fields was being asked to explain the company’s less than stellar performance in the first quarter of 2017.

Beyond the Headlines!

Ford’s profits dropped at the same time rivals such as General Motors Co., Fiat Chrysler Automobiles NV and Daimler AG were all posting big increases in profitability. The concerns were exacerbated by thousands of headlines indicating that on a market cap basis Tesla was now worth more than Ford. (more…)