He then restructured an outdated ticket policy and stepped up marketing efforts. "Bill Ford has a very different mind-set, much more in tune with mine," she says. The proud owner of a Ford Ranger electric truck, he volunteered in Earth Day events and became involved with clean-water projects while a teenager. On a wall near the door, there's a photograph of Ford getting his black belt in tae kwon do, putting one bare hand through a stack of six cement Ford married a fellow Princeton student, Lisa Vanderzee, and they have two daughters and two sons. Currently, he serves as the executive chairman of Ford Motor Company. | Discover today's celebrity birthdays and explore famous people who share your birthday. To environmentalists, it was "like Satan," says Matt Arnold of World Resources Institute, an environmental think tank. It will have a 12-acre roof of native grasses where birds will nest. "I want you to remain honest -- and to hold our feet to the fire. Later, he began reading about green issues and studied the works of nature authors Edward Abbey and Rachel Carson. Nicholas Ford, Alexandra Ford, Eleanor Ford, Will Ford. Fortune, October 14, 1996, p. 26; October 12, 1998, p. 34. Eleanor Ford and Joseph Cobb, grade-school classmates and the children of two of Detroits best known public figures, were married Saturday afternoon at the Episcopal Cathedral Church of St. Paul. Books | He earned a degree in Management from MIT Sloan School of Management in 1984. On May 3, 1957, in Detroit, Michigan, Henry Ford was born, his mother is Martha Firestone, and his father is William Clay Ford Sr. Alan E. Schwartz & Family. And the contradictions inherent in the popularity of the Explorer -- a gas guzzler for people who love the outdoors -- embody Ford's own. It wasn't until well into August that it became apparent to him that his company's reputation was at stake. It was during this period that he also served as the general manager of the climate control division. Sports | With the retirement of Ford president and chief operating officer Jim Padilla in April 2006, Bill Ford assumed those roles as well. Ford was planning to attend a Firestone centennial celebration in early August (in a Shakespearean twist to the drama, his mother is the granddaughter of Harvey Firestone), and he mentioned the centennial to the company's chief counsel, John Rintamaki, "in an offhand way," he says. Clearly, the counsel's office at Ford was aware of incidents of rollovers, because lawsuits had already been settled. Speculation simmered for years that either Ford or his cousin, Edsel Ford II, were in line to become the next leader. 's -- the vehicles have clear weaknesses. When he was in university, he was a member of the rugby team and he was an ardent football fan. They have two daughters and two sons. Peggy ", Ford's gift for shaping public opinion made his decision to lie low during the Firestone debacle all the more conspicuous. McDonough and a partner, Michael Braungart, a chemist, are working on compostable upholstery fabrics and carpets, new polyesters, new paints. When the chief operating officer and president Jim Padilla retired in 2006, he also assumed his posts. He served several years as a mid-ranking executive in product development. In September 2006, he stepped down as the company's CEO and president but he retained his post as the executive Chairman. Last month, the board unanimously approved and was having long soul-searching talks with environmental activists about the end of the internal-combustion engine. WebHe was known to football fans for being the Vice Chairman of the Detroit Lions. JavaScript is disabled. They wanted a family member, if possible, to head the company. Ford was still enmeshed in managing the Lions and raising four young children, and it was suggested that he would not have the time needed to devote to the job. As a member of the Global Climate Coalition (G.C.C. Associated With He was the son of William Clay Ford Sr. William Clay Ford Jr. Lisa Ford was an economics major while at Princeton and also has served as an Annual Giving volunteer. Cobb is the son of Carmen Harlan, the longtimeWDIV-TVnews anchorwoman, and her first husband, Joseph Cobb. Rick Wagoner Web[clarification needed] Ford co-founded the firm with Ralph Booth (Chairman and CEO of Booth American Company and a media and telecom investor), Mark Schulz (former After Henry Ford II stepped down as chairman in 1979, only professional managers were allowed into the top position. Real Estate | The business made several technological advancements under Fords leadership, particularly in the areas of improving fuel efficiency and creating electric and hybrid vehicles. . ", When asked where, exactly, he's steering Ford Motor, the chairman's answer is both loopy and oddly endearing. We find we are in sync more than we are not.". News on all your favorite celebs, reality TV, and movies. The Fords' gift is part of the University's current $1.75 billion fundraising campaign, which includes a commitment to athletics as an important element of the Princeton experience. Ford was also becoming involved with his father's enterprise, the Detroit Lions football team. This will be a partnership," according to Mary Connelly in Automotive News. WebTrina Horine is 60 years old and was born on 12/31/1961.Trina Horine lives in Riverside, CT; previous cities include Easton CT and Grosse Pointe Farms MI.In the past, Trina has also been known as Trina Vanderzee-horine, Trina Horne, Trina "Billy never said he wanted the job -- but he never said he didn't either. William Clay Bill Ford, Jr., was born to Martha Firestone and William Clay Ford, Sr., in Detroit, Michigan. Reviews on how Ford Motor has dealt with the recall are mixed. Ford is unorthodox and makes the auto industry a little nervous. ord's world headquarters, in Dearborn, Mich., occupies a tall glass box of a building with a grand semicircle of international flags out front. Site Search | Ford's aspirations are grand, almost ridiculously far-fetched. This automobile chairman's in Management. Ford earned $10 million annually and was the 264th highest-paid CEO according to Forbes at the time of his resignation. Rather than sell vehicles, Ford might rent them out by the hour, or the mile, and provide servicing, insurance, even the fuel. He served several years as a mid-ranking executive in product Site Index | Telephone: (313) 983-6000 He is known to be the great-grandson of Harvey Firestoneand Henry Ford. They have four children. A gift from William Clay Ford Jr., a member of Princeton's Class of 1979, and Lisa Vanderzee Ford, of the Class of 1982, will create the Bill and Lisa Ford Family Directorship ofAthleticsat Princeton University. He was raised alongside Martha, Sheila, and Elizabeth, his three sisters. Copyrightdocument.write(new Date().getFullYear());Deadline Detroit, Inc. - All Rights Reserved, Starkman: Ford Is an Example of a Phony Baloney Company Professing Concern for the Environment, 'Detroit in Black and White:' Ex-Detroit Police Ike McKinnon Says Lifting Residency Requirement 'Literally Killed Us'. After college, Ford went to work at the family business, starting as a financial analyst and eventually rotating through eleven jobs in his first ten years with the firm. His father wanted him to have a well-rounded education about the business in case he would someday rise to the top. He was inducted into the Irish America magazines Hall of Fame, in 2011. National/N.Y. "I recognize that there are those who think this job was handed to me," Ford remarked to Keith Naughton in Business Week. The sentiment behind these meetings was real, but Ford also understood the importance of gestures and appearances, how to communicate good intentions. Trivia. His interest in environmentalism was growing, but his early attempts to introduce recycling and other environmental measures at Ford were met with derision: "I was so low on the totem pole. Travel, Help/Feedback | Ford serves as a chairman of the United States-Mexico Chamber of Commerce. He had a litany of jobs -- 17 at Ford in two decades. ", Even Claybrook, one of the leading critics in the Firestone-Ford investigation, sees the tire recall and the rollover rate of the Ford Explorer as a legacy of the company's previous management -- and culture. Ford and Lisa Vanderzee Ford were married in 1983 and they have four children together, two sons and two daughters. Ford also needs to remain focused on increasing European sales, its largest market outside of the United States. for many years, then dropped the bomb. Of course, being responsible for keeping the company in business, Ford also sees economic opportunities in being an Earth-friendly company. He is from United States. John Casesa, an auto analyst at Merrill Lynch, sums up their roles this way: "Jac Nasser is paid to do the heavy lifting -- and he's expected by investors to deliver. You can find William Clay Ford Jr. in his corner office almost as high up as the logo. WebGreen Built SIPs homes in VA. Macfarlane Homes, Inc. uses structural insulated. Over the past five years, theyve lived in Detroit, San Francisco and, now, New York, where Ford is studying for a Ph.D in psychology and Cobb works in finance. Cobbs best man was his brother-in-law, Leon Hall, the former University of Michigan football star who plays defensive back for the Cincinnati Bengals. Weather | After completing his bachelor's degree fromPrinceton University, he attendedMIT Sloan School of Management. Music will play in factory workrooms. Ford has been a vocal advocate for improvements to be made in all modes of global transportation, having stated that governments and private industry would need to rethink transportation infrastructure and technology as the global population expands and the existing infrastructure is unable to keep pace. And Bye Bye Tucker and Don. We have estimated Reviews. Bill and Lisa have four children total, two girls and two boys. Their children will be the 6th generation of the Ford family in the business, but thats if they decide to pursue it. 7. Howe This article from Autonews.com, recounts a heartwarming conversation Bill Jr. and Bill Sr. had when the younger Ford was only a teen. He left briefly in the mid-80's to earn a management degree at M.I.T. The first reaction was mixed -- some on Wall Street thought it was bad business; a Car and Driver editor wondered if Bill Ford was a "guilt-ridden rich kid." He played on the Princeton rugby team as well. International | Bill Ford's biggest P.R. The Explorer was in development then. His father, his uncle and his grandfather all worked at the family company with varying degrees of success. ." Log in or sign up for Facebook to connect with friends, family and people you know. For two decades, the team played at the Silverdome, a sports arena located in suburban Pontiac. Both families have connections with the cathedral; the funeral for Ellie Fords great-great grandfather, Henry Ford, took place there in 1947. WebThe Sycamore House. A The chairman went to Washington, thanked members of the Michigan delegation for supporting the work of G.C.C. Therefore, that information is unavailable for most Encyclopedia.com content. Lives in Connecticut. bit when he walks, like a kid. Ford announced that half of the vehicle lineup would be available with advanced hybrid-electric powerplant options by 2010, although the Company's earlier pledge to build 250,000 hybrid vehicles a year by 2010 proved to be overly optimistic and had to be abandoned. He predicts an unprecedented ballooning of consumers seeking environmentally sound products in the twenty-first century, and said that companies that foresee this shift and address it will prosper, while laggards will fail. In 1995, he left the management side of Ford to run the board's finance committee. He believes his leadership will provoke the company to build cleaner-running vehicles. "I never felt burdened the way I think some of my relatives did," he says, "that they could never possibly live up to this legacy, so why even try?". The Firestone recall might help Ford accomplish his radical goals a little quicker. WebHe 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. ", Even before his new office was ready, Ford was sitting down with environmentalists, asking for advice and making course corrections. Education: Duke Univer, Ilitch Holdings Inc. She grew up in a mansion on Provencal Road in Grosse Pointe Farms, a longtime Ford stronghold, before her family moved in 2000 to a home on 17 acres in Ann they are compostable, almost edible. "Whenever I'm at a party," he told Naughton in Business Week, "people are always telling me either to get a new quarterback or make the Taurus back seat bigger.". The University announced this week that Ford, a longtime supporter of Princeton athletics, and his wife, Lisa Vanderzee Ford '82, have endowed the athletics directorship and provided funding for programs to enhance the Princeton student-athlete experience. Cite this article Pick a style below, and copy the text for your bibliography. He is known for playing in the company hockey team, with which he participated in the USA Hockey Pond Hockey National Championships. Jim Padilla, who was the president and COO of Ford at the time, retired in 2006. The following year, he ran Ford of Switzerland as managing director, succeeding in breathing life into what was previously a sagging enterprise. In 1983, he married Lisa Vanderzee, who was three years behind him at Princeton. Ford also continued to study Fuel Cell-powered electric powertrains and demonstrated hydrogen-fueled internal combustion engine technologies, as well as developing the next-generation hybrid-electric systems. Nationality: American. Though he seems to have as ideal a life as possible, balancing family, hobbies, a football team, and one of the world's largest corporations, Ford admits there are some drawbacks to carrying around his legendary surname. One thing that should help him is his improbable group of new friends. Ford serves as the vice chairman of the NFLs Detroit Lions team. By 1997, sales from Explorers and Expeditions -- even larger S.U.V's. Hybrid cars are coming, fuel cells, electric bicycles. , money, salary, income, and assets. Zillow.com. He became an avid football fan, no doubt because his father bought the Detroit Lions in 1963. He has played competitive hockey with his company hockey team from 2006 to 2010 and has even participated in the USA Hockey Pond Hockey National Championships. During his stint, the companys profits soared. Across the room, there's an acoustic guitar in an open case on the floor. However, the date of retrieval is often important. The most galling part to consumer groups is that some of them would have been easy to fix. 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 earned an undergraduate degree in history at Princeton and a Master of Science degree in management from the Massachusetts Institute of Technology. "Lisa and I believe deeply that the lessons our student Though Trotman was a respected leader, some thought Ford would soothe stock holders because he has a highly personal stake in the corporation. "I am very grateful to Bill and Lisa Ford for their gift, which will help to strengthen our very successful athletic program and allow us to even more fully develop our students' talents," said Princeton President Shirley M. Tilghman. He is the great-grandson of Henry Ford, the renowned American industrialist. ." Edsel Ford II's father was head of Ford for three decades, and many suspected that he would be the successor once Trotman left. Princeton's athletics program encompasses 38 men's and women's varsity intercollegiate sports teams, almost 35 club teams, about 300 intramural teams, coaching staff, and campus athletics and fitness facilities. As for the upholstery, the curtains and the carpet: Steve Ballmer who has worked for Microsoft Corporation since 1980, has left a lasting impression on his, Wagoner, Rick 1953 Along with martial arts, he embraces acupuncture and homeopathy and has studied yoga as well as Zen and Tibetan and Vipassana Buddhism. Science | Crowds had dwindled throughout the years, and the franchise received one of the worst licensing deals in the league with stadium owners-the Lions obtained no revenue from concessions, suites, or parking. Encyclopedia of World Biography. He is married to Lisa Vanderzee, and they have four children, all living in Ann Arbor, Michigan. Way up at the top of the building are the words "Ford Motor Company" in that familiar dark blue logo with the old-timey script so pervasive in the lives of everybody everywhere that it has become almost invisible. They never did. On one hand, he loves nature. But beneath the conventional trappings, on the molecular level, something else is going on. "I guess I always felt I owed everything I had to the Ford Motor Company," Ford says, "so I wanted to help.". In addition, he presided over the Ivy Club and participated in rugby for the school. While other branches of the Ford clan were marred by unstable family relationships, Ford enjoyed a calm upbringing in a home that was as down-to-earth as possible, given the family's household name and incredible wealth. (April 28, 2023). Later, Ford attended the Hotchkiss School in Lakeville, Connecticut, where he gained a reputation as a fierce soccer competitor. In 1986, he worked with Ford of Europe, a subsidiary company of Ford Motor Company, as administrator of commercial vehicle promotion. His father was the grandson of auto pioneer Henry Ford, and his mother was an heiress to the Firestone tire fortune. Before Fame. most apparent passion, though, is the environment. "We're not in the car business, or the truck business," he says. Assistant Professor in the Department of Computer Graphics Technology. Of parts being compostable or reusable. panels to build high quality energy-efficient houses. He worked for many years as a mid-level executive in product development and briefly served as the head of the climate control division. Ford is the product of almost incomprehensible privilege -- handmade English clothes, grand houses in Grosse Pointe, an education provided by Hotchkiss, Princeton and M.I.T. ", But meanwhile back in the imperfect present, there is a very large tire problem to solve. Newspapers covered the rich in sycophanticsociety pages, andFord Motor was happy to oblige. He says since he was not forced into working in the business, he will let his children make their own choices as well regarding their careers. He had made it no secret that he hoped to combine his personal devotion to environmental issues with his new position, thereby producing cleaner, more efficient vehicles. He is jovial, animated and, at 43, young for an auto-company chairman. Marketplace, Quick News | Volvo even has a new car that cleans the air while it drives. Princeton is justifiably proud of its student-athletes, who demonstrate that academic excellence and athletic prowess can go hand in hand.". Nasser began firing deadwood and looking into the purchase of Volvo as soon as he became C.E.O. A day later, he relented. Among the events on the wedding-week schedule was a dinner for bachelors and spinsters.. When they were married in 1947, in Akron, Ohio, it was a different era. ", McDonough and Ford talk about other ideas too -- about how a car could be a "product of service," not necessarily something to own. The Asian-Pacific markets are also supposed to show strong growth as well, and it is essential that Ford Motor Company be competitive there. Once he climbed a bit higher, he was no longer just flaky or a wealthy meddler; he was threatening. WebBirthday: May 3, 1957 ( Taurus) Born In: Detroit, Michigan, United States 10 0 Automobile Industry #20 CEOs #309 Business People #1225 Quick Facts Also Known As: William "It was so huge," Arnold says, "and bought Ford lots of room." "I play folk music," Ford says, "old Peter, Paul "Through this transformative gift, Lisa and Bill have endorsed our goals and values, most especially Princeton's unique programmatic commitment to education through athletics.". Learn How rich is He in this year and how He spends money? That ouster reflected significant differences in corporate valuesNasser focused on maximizing corporate profits and shareholder value, while Ford was noted for valuing people and tradition. or years, Bill Ford avoided thinking about his great-grandfather Henry Ford -- or reading biographies of him. Lisa Ford was an economics major while at Princeton and also has served as an Annual Giving volunteer. Ford also stated that his great-grandfather, Henry Ford, had always wanted to benefit the world and not adversely affect it, but that the company had gradually moved away from that. Job Market | At 66 years old, William Clay Ford Jr. height not available right now. Microsoft Corporation I said, 'Absolutely no."' In 2000, he announced that the company would achieve a 25% improvement in fuel efficiency in the company's light truck fleet, including SUVs, by mid-decade. "We're committed to the personal-mobility business. 's in critical tones, Bill Ford was going too far. He was serious, hard-working, conscientious. Ford also developed new crossover SUVs, such as the Ford Edge, Lincoln MKX, and Mazda CX-7. Their personal styles could hardly be more different. "The Princeton athletics department and I are profoundly honored," Walters said. As his days waned, he tried to name his own successor, and failed. MGM Grand Detroit. "I don't know if a company can have a soul, but I like to think it can," he says. The Rouge is just the beginning, Ford likes to say. Out on the fringes is the Rouge plant, a 1,200-acre complex of seven factories What he was hearing wasn't yet alarming, even if it resulted in a recall. WebLisa Vanderzee FordAnn Arbor, age 62, female View Public Record Results✓ Addresses Marker Address Rent ? "I used to wonder if running a large industrial company would really square with my values," Ford says. Although Ford would have the final word on company decisions, many were pleased that Jacques Nasser, former head of global auto operations, would be taking over the day-to-day management of the corporation as president and CEO. He studied at the Hotchkiss School in Connecticut and then studied at Princeton University in 1979. WebHe 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. However, some directors were wary. WebView the profiles of people named Lisa Vander Zee. He was named vice president of Ford Truck Operations in 1988, and in 1990 he became director of business strategy for automotive operations. He became the new chairman of the Ford Motor Company in 1999. William Clay Ford, Jr. was born onMay 3, 1957 inDetroit,Michigan, United States. The Rouge will become the site of an industrial revolution, he says, where cars will be made differently. Ford was interested in religion, philosophy, psychology -- and he had started reading up on Henry Ford too, a vegetarian who, as it happens, consulted Eastern mystics. Ford was committed to sell 250,000 alternative and flexible fuel vehicles the majority of which would be designed to operate on ethanol-gasoline blends such as E85 in 2006. New York Today, Copyright 2000 In addition to the MLA, Chicago, and APA styles, your school, university, publication, or institution may have its own requirements for citations. -- were responsible for half the company's profits. When he was given an assignment in truck engineering, he went to driving school to learn to handle 18-wheelers. "The climate is changing," Ford said, "and anyone who disagrees is, in my view, still in denial.". and Mary -- John Denver -- the kind of stuff nobody wants to hear." You might want to rethink that because I think this thing's about to blow sky-high."'. David Mandelbaum 57 and his wife, Karen Mandelbaum, have made a gift to the Center for Jewish Life that will make possible renovation and expansion of the centers main kitchen and dining facilities. Archives | WebI am an energetic focused full time real estate agent with 25+ years experience in the Northern Virginia area. (1912-1996) A 5270 Geddes Rd, Ann Arbor, MI48105 $1,480 "And if it can, then I'd like our soul to be an old soul -- and everything that implies. Nasser and Ford worked hard on the report, a way for the auto company to address the longtime criticisms of progressively minded fund managers, environmentalists and others who are becoming increasingly important voices in the emerging global economy. Then, copy and paste the text into your bibliography or works cited list. His ascendency was never a sure thing. Within the Cite this article tool, pick a style to see how all available information looks when formatted according to that style. At the time of his stepping down, Ford was ranked 264th on Forbes' list of top-earning CEOs, at $10,000,000.00 per year.
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