Mark Fields to replace Alan Mulally as Ford CEO

Mark Fields to replace Alan Mulally as Ford CEO

DETROIT, May 1 (UPI) -- Ford CEO Alan Mulally, who is credited with turning around the car maker, will retire July 1 and will be succeeded by his lieutenant Mark Fields.
Ananth Baliga
William Clay Ford Sr., last surviving grandson of Henry Ford, dies

William Clay Ford Sr., last surviving grandson of Henry Ford, dies

DETROIT, March 10 (UPI) -- Control of Detroit Lions should go to William Ford Sr.'s son, Bill Ford Jr., after the elder's death.
Danielle Haynes
Corvette Stingray, Silverado pickup earn top honors

Corvette Stingray, Silverado pickup earn top honors

Trucks made as much news as cars at the Detroit auto show -- but no automaker made more news than General Motors.

Ford takes a chance with 2015 F-150 pickup truck

DETROIT, Jan. 13 (UPI) -- Ford Motor Co. Chairman Bill Ford Jr. said the automaker was taking a risk with its aluminum body F-150 pickup truck, which it plans to launch this year.

UPI NewsTrack Business

Market gains slip away Friday ... Severance for AA's Horton: About $20M ... Ford promotes Elena Ford ... Lawmakers push sales tax bill ... News from United Press International.

Ford promotes Elena Ford

DEARBORN, Mich., Feb. 15 (UPI) -- Ford Motor Co., said Friday that founder Henry Ford's great, great granddaughter Elena Ford had been elected a vice president of the company.
Vintage Model A back in Bill Ford's garage

Vintage Model A back in Bill Ford's garage

A rare 1903 Ford Model A that's one of the oldest surviving cars made by the company was purchased at auction by Bill Ford Jr.

Ford chairman confident in executive team

DEARBORN, Mich., Nov. 3 (UPI) -- Mark Fields has been named chief of operations at Ford Motor Co., apparently putting him in line to succeed Alan Mulally as chief executive officer.

Ford opens Silicon Valley research lab

PALO ALTO, Calif., June 18 (UPI) -- Ford Motor Co. said its new research laboratory in Palo Alto, Calif., would tap into Silicon Valley's talent for mixing creativity and high technology.
Drivers wanting better mileage look to foreign cars

Drivers wanting better mileage look to foreign cars

To avoid a meltdown in 2006, Ford Motor Co. mortgaged the farm putting up its assets – including its Blue Oval logo, and F-150 pickup and iconic Mustang trademarks – to secure $23.5 billion in credit.

UAW deal at Ford close, apparently

DEARBORN, Mich., Oct. 3 (UPI) -- United Auto Workers leadership signaled without confirmation that they were close to reaching a tentative deal with U.S. automaker Ford Motor Co.
Ford top two earn nearly $100 million

Ford top two earn nearly $100 million

DEARBORN, Mich., March 8 (UPI) -- U.S. automaker Ford Motor Co. revealed that it had paid its top two executives nearly $100 million in 2010.
Auto leaders hail electric cars as savior

Auto leaders hail electric cars as savior

DETROIT, Jan. 22 (UPI) -- Electric cars can drive Detroit to a new era of progress, Ford's Executive Chairman Bill Ford says.
Ford tells Michigan students to stay put

Ford tells Michigan students to stay put

ANN ARBOR, Mich., Jan. 21 (UPI) -- Ford Motor Executive Chairman Bill Ford told University of Michigan business students "if you are thinking about staying in Michigan please do. We need you."
Ford puts its debt ahead of dividends

Ford puts its debt ahead of dividends

WILMINGTON, Del., May 13 (UPI) -- U.S. automaker Ford Motor Co. said Thursday it was aiming to reduce its $34 billion debt before it would resume paying dividends to shareholders.
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Bill Ford
DET2002011103- 11 JANUARY 2002- DEARBORN, MICHIGAN, USA: Ford Motor Company executives (LtoR), Martin Inglis, Ford CFO & group vice -president; Bill Ford, Ford Chairman & CEO, Nick Scheele, president and chief operating officer and Jim Padillo, Group vice- president address the media regarding Ford's future plans. Ford announced that five U.S. plants will close, eliminating 37 thousand jobs, worldwide. The company will also discontinue four current models. bg/Ford Motor Company UPI.

William Clay "Bill" Ford Jr. (born May 3, 1957 in Detroit, Michigan), is the great-grandson of Henry Ford, and serves as the executive chairman of Ford Motor Company, Ford also served as the President, CEO, and COO until turning over those roles to former Boeing executive Alan Mulally in September 2006. Ford is also the Vice Chairman of the Detroit Lions NFL franchise.

Ford was born in Detroit, Michigan, the great-grandson of both Henry Ford and Harvey Firestone. His father is William Clay Ford, Sr., and his mother is Martha Firestone. On his mother's side his grandparents are Harvey S. Firestone, Jr. and Elizabeth Parke Firestone. On his father's side his grandparents are Edsel Bryant Ford and Eleanor Lowthian Clay. Edsel Ford II, son of Henry Ford II and also a board member, is Bill's cousin. Bill has three sisters: Martha Morse (who has 3 children), Shelia Hamp (who has 3 children), and Elizabeth Kontulis. Bill attended the Hotchkiss School in Connecticut and went on to graduate from Princeton University in 1979, having majored in history and served as president of The Ivy Club. He played on the Princeton rugby team as well. In 1984 he received an S.M. in Management as a Sloan Fellow from the MIT Sloan School of Management. He is married to Lisa Vanderzee, and they have four children, all living in Ann Arbor, Michigan.

He joined Ford in 1979 and 1981 held a variety of positions, beginning in product development and on the financial staff, a grooming ground for future executives. He served several years as a mid-ranking executive in product development. He also briefly headed the Climate Control Division (since divested from the company as part of the Visteon spinoff). At the time of the Ford 2000 reorganization, he was in charge of heavy truck operations.

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "Bill Ford."
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