Market Currents

Ford (F) hears more praise than criticism from the 63 shareholders in attendance at its annual...

Friday, May 11, 2012, 6:40 AM ET
Ford (F) hears more praise than criticism from the 63 shareholders in attendance at its annual meeting. In a quick 45 minutes, the company saw all 16 current directors get re-elected and none of the proposals suggesting changes to the dual-stock status or voting rights pass. Afterwards, CEO Alan Mulally gave no specifics on his retirement, joking that 2030 when he is 85 sounded about right.

This Market Current was sent to 38,374 people who get email alerts on F.

Get email alerts on F »

Share this Market Current

Short URL:

Track new comments on this story

This news story has 7 comments:

abhay_agarwal Comments (38)

he was not joking

11 May 2012, 06:49 AM Reply Like

youngman442002 Comments (4973)

8-9 years ago when they were going thru their tough times...I did not think they would make it.....Post Government motors...I have bought two Fords.....great car and truck....but I am worried that the politicians and the Unions will try to tank Ford as they are the competitor now....thru recall notices..regulations..... the brand name type of dirty pool..I will never by a GM or Chrysler again

11 May 2012, 06:56 AM Reply Like

cjchuck Comments (2)

It's OK if you buy a GM, or Chrysler Youngman. Although I'm a Ford man myself. I'm just happy to see folks buying from American owned companies...........

11 May 2012, 08:21 AM Reply Like

Tdot Comments (1621)

Bob Lutz retired from GM 2 years ago at age 78. There is no reason to think that Mulally would be compelled to retire any sooner than Bob. Alan seems to be in excellent health and full of energy and passion for his Company. Long Live Alan Mulally!

11 May 2012, 07:05 AM Reply Like

badmustang Comments (3)

Alan did for Ford what Dr. Deming did for Ford in the early 80's.

Tremendous leader!

11 May 2012, 08:29 AM Reply Like

TwistTie Comments (2415)

Sixty three attendees! Sounds more like a klatsch rather than a shareholders meeting.

Sweetie, hand me one of those bagels and let's schmooze a little.

11 May 2012, 11:55 AM Reply Like

Tdot Comments (1621)

The real long term Shareholders that tend to show up for such things must be pretty doggone happy if they don't feel compelled to arrive at the meeting stamping around with big "NO!" signs; screaming, protesting, shouting, and interrupting the proceedings, denouncing the injustice of it all, and demanding the heads of the Board of Directors and Executive Leadership on silver plated platters, with apples crammed in their jaws. And even the handful of angry Union guys with one share held between them didn't even bother to make an appearance to fuss about how "thay took err jibbs". Things must be going well, ehh?

11 May 2012, 02:50 PM Reply Like

LATEST|

TODAY SO FAR|

YESTERDAY

Other date

DJIA (DIA) S&P 500 (SPY)