2 Ford Cousins Named to Key Board Positions
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DETROIT — Ford Motor Co., apparently ending a mild company feud, confirmed Friday that Edsel B. Ford II and William Clay Ford Jr. have been named to the finance and executive committees of the No. 2 auto maker.
Ford issued no formal announcement of the appointments, which were made at a board meeting following the company’s annual shareholder’s meeting in Detroit Thursday.
“We do not publicly announce board committee assignments,” company spokesman Tom Foote said. “And in this case we decided to treat (the Ford cousins) no different than the others.”
The appointments of the fourth-generation members of the auto maker’s founding family are seen as the end to a dispute between Ford’s top management and the two cousins, who are mid-level executives in the company.
Edsel Ford, 40, is the son of former company chairman Henry Ford II, who died in September 1987. He is now general sales manager of Ford’s Lincoln-Mercury division.
William Clay Ford Jr., 32, is the son of Henry Ford II’s brother, who retired as company vice chairman last month, although he still heads the auto maker’s finance committee.
