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February 12, 2019

You can’t choose your family, but you can choose who runs your business. Alexandra Newlove talks to a range of experts about bringing in outside help

In 2006, as Ford Motor Company headed towards a $12.7 billion loss, the worst in the company’s 103-year history, Bill Ford, chief executive and great-grandson of the legendary Henry Ford, realised he needed help.

In an email to staff, Ford introduced his new top man: former Boeing transformation master Alan Mulally, who over the next eight years executed a revitalisation which saw the automaker’s stock appreciate more than 1000% from recession lows, and Mulally remembered as one of the all-time great business leaders.

January 23, 2019

How will family businesses fare in 2019? What will be the major trends to shape their experience or to watch out for? We’ve put our thinking caps on to forecast five key family business trends in 2019. 

The start of 2019 signals the start of prediction season. This year there’s plenty of grand forecasts about geopolitical and macroeconomic changes from trade wars to a cooling Chinese, US, and global economy in a year of transformation and disruption.

May 23, 2017

Ford Motor Company has replaced chief executive Mark Fields, following poor sales and a 40% drop in the company’s share price during his three-year tenure.

Ford Motor Company has replaced chief executive Mark Fields, following poor sales and a 40% drop in the company’s share price during his three-year tenure.

Fields has been succeeded by Jim Hackett, a 62-year-old who has headed Ford’s Smart Mobility LLC since March 2016.

Fields’ 28-year career with Ford ended on Monday, as the car company announced a series of leadership changes, part of a wider move to cut 1,400 jobs, about 10% of staff.

November 11, 2014

On 11 November 1918, the Great War came to end. CampdenFB takes a look at the way it impacted five family businesses that are still in existence today.

On 11 November 1918, the Great War came to end. CampdenFB takes a look at the way it impacted five family businesses that are still in existence today.

Called for service
Fellowes Inc, US

Fellowes Inc has diversified into all types of office products today, but it started as a simple file box company back in 1917. Founded by Walter Nickel, the business was sold when he was called up for service in the First World War.

May 2, 2014

A change of leadership at Ford Motor Company has been accelerated six months and declared one of the smoothest in the family business’s history, according to the fourth-gen executive chairman.

A change of leadership at Ford Motor Company has been accelerated six months and declared one of the smoothest in the family business’s history, according to the fourth-gen executive chairman.

On Thursday, the US carmaker announced Alan Mulally, 68, who steered the company through the global financial downturn, would be stepping down as chief executive and president on 1 July.

Mark Fields, 53, who has been the company’s chief operating officer since December 2012, will replace him.

March 10, 2014

The last surviving grandchild of Ford Motor Company founder Henry Ford has died, ending the US family business’s direct link with the famous industrialist who pioneered automobile assembly line manufacture, which made owning a car a possibility for millions of people around the world. 

The last surviving grandchild of Ford Motor Company founder Henry Ford has died, ending the US family business’s direct link with the famous industrialist who pioneered automobile assembly line manufacture, which made owning a car a possibility for millions of people around the world.

William Clay Ford, who was less than a week shy of his 89th birthday, died of pneumonia on 9 March, the Ford Motor Company said.

September 18, 2013

Eiji Toyoda, who helped transform Toyota Motor Corp into the world’s largest carmaker, has died in Japan at the age of 100.

Eiji Toyoda, who helped transform Toyota Motor Corp into the world’s largest carmaker, has died in Japan at the age of 100.

A cousin of the automaker’s founder, Toyoda joined the company in 1936 – fresh from his graduation from a mechanical engineering degree. He went on to serve as president from 1967 to 1981, and then served as chairman until 1994.

He remained an honourary adviser at Toyota right up until his death. He died at a hospital set up by the Toyota City-based company in 1938 for its factory workers.

February 15, 2013

A fifth-generation member of the Ford family has been promoted vice-president of the eponymous US carmaker. Elena Ford is also poised to take the wheel of a new division managing strategy and customer service at Ford dealerships in March.

A fifth-generation member of the Ford family has been promoted vice-president of the eponymous US carmaker. Elena Ford is also poised to take the wheel of a new division managing strategy and customer service at Ford dealerships in March.

April 28, 2012

Ford Motor Company, the US carmaker controlled by the founding Ford family, saw its profits plummet during the first three months of 2012, while three other family businesses have posted strong quarterly results. 

Ford Motor Company, the US carmaker controlled by the founding Ford family, saw its profits plummet during the first three months of 2012, while three other family businesses have posted strong quarterly results.

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