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Henry Ford Henry Ford (July 30, 1863 – April 7, 1947) was an American industrialist, business magnate, founder of the Ford Motor Company, and chief developer of the assembly line technique of mass production. By creating the first automobile that ...
is an American family from the U.S. state of
Michigan Michigan () is a U.S. state, state in the Great Lakes region, Great Lakes region of the Upper Midwest, upper Midwestern United States. With a population of nearly 10.12 million and an area of nearly , Michigan is the List of U.S. states and ...
, best known for their control of the
Ford Motor Company Ford Motor Company (commonly known as Ford) is an American multinational automobile manufacturer headquartered in Dearborn, Michigan, United States. It was founded by Henry Ford and incorporated on June 16, 1903. The company sells automobi ...
automobile manufacturer, which was founded by Henry Ford in the early-twentieth century. Henry's grandson
William Clay Ford Sr. William Clay Ford Sr. (March 14, 1925 – March 9, 2014) was an American businessman who served on the boards of Ford Motor Company and the Edison Institute. Ford owned the Detroit Lions of the National Football League (NFL). He was the you ...
and his family have controlled the Detroit Lions franchise of the
National Football League The National Football League (NFL) is a professional American football league that consists of 32 teams, divided equally between the American Football Conference (AFC) and the National Football Conference (NFC). The NFL is one of the ...
since late 1963. The Ford family are members of the Episcopal Church. Although the Ford family's ownership stake in the automaker had declined to less than 50% of the company's equity , the family retained operational control through a special class of stock that was established early in the company's history and retained when the company made its
initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investme ...
in 1956. The family owns all of the company's Class B shares, which are collectively entitled to elect 40% of the company's board of directors, with the remaining 60% elected by the holders of the company's publicly traded
common stock Common stock is a form of corporate equity ownership, a type of security. The terms voting share and ordinary share are also used frequently outside of the United States. They are known as equity shares or ordinary shares in the UK and other Comm ...
.


References


Further reading

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External links


Ford Family Tree

Henry Ford II Biography on IMDB










{{DEFAULTSORT:Ford, Henry, Family Tree Family trees Episcopalian families