The Ford family is an American family from the U.S. state of
Michigan
Michigan ( ) is a peninsular U.S. state, state in the Great Lakes region, Great Lakes region of the Upper Midwest, Upper Midwestern United States. It shares water and land boundaries with Minnesota to the northwest, Wisconsin to the west, ...
. They are best known for their control of the
Ford Motor Company
Ford Motor Company (commonly known as Ford) is an American multinational corporation, multinational automobile manufacturer headquartered in Dearborn, Michigan, United States. It was founded by Henry Ford and incorporated on June 16, 1903. T ...
automobile manufacturer which was originally founded by Henry Ford in the early Twentieth
century. Henry's grandson
William Clay Ford Sr. and his family have controlled the
Detroit Lions
The Detroit Lions are a professional American football team based in Detroit. The Lions compete in the National Football League (NFL) as a member of the National Football Conference (NFC) NFC North, North division. The team plays their home game ...
franchise of the
National Football League
The National Football League (NFL) is a Professional gridiron football, professional American football league in the United States. Composed of 32 teams, it is divided equally between the American Football Conference (AFC) and the National ...
since late 1963. The Ford family are also 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 investm ...
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
A board of directors is a governing body that supervises the activities of a business, a nonprofit organization, or a government agency.
The powers, duties, and responsibilities of a board of directors are determined by government regulatio ...
, 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 C ...
.
Family tree
Businesses
The following is a list of businesses in which the Ford family have held a controlling or otherwise significant interest.
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Dearborn Independent
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Detroit Lions
The Detroit Lions are a professional American football team based in Detroit. The Lions compete in the National Football League (NFL) as a member of the National Football Conference (NFC) NFC North, North division. The team plays their home game ...
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Fontinalis Partners
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Ford Lio Ho Motor
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Ford Motor Company
Ford Motor Company (commonly known as Ford) is an American multinational corporation, multinational automobile manufacturer headquartered in Dearborn, Michigan, United States. It was founded by Henry Ford and incorporated on June 16, 1903. T ...
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Ford Motor Company of Canada
Ford Motor Company of Canada, Limited (Canadian French, French: ''Ford du Canada Limitée'') was founded on August 17, 1904, for the purpose of manufacturing and selling Ford cars in Canada. It was originally known as the Walkerville Wagon Works a ...
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Ford Otosan
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Ford Times
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Getrag Ford Transmissions
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Matford
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Pentastar Aviation
Pentastar Aviation is an American aviation services company based in Waterford, Oakland County, Michigan. It provides domestic and international private charter flights, avionics, maintenance services, in-flight catering and Fixed-Base Operator, F ...
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Philco-Ford
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Samcor
References
Further reading
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External links
Ford Family TreeHenry Ford II Biography on IMDB
{{DEFAULTSORT:Ford, Henry, Family Tree
Business families of the United States
Family trees