Cars - For Car Enthusiasts

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Ford Executive Chair Bill Ford calls on autoworkers to end strike, says company’s future is at stake (english.elpais.com)

submitted 1 year ago by [email protected] to c/[email protected]

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[–] [email protected] 14 points 1 year ago (1 children)

The problem is that if he doesn’t continue to do that, he will be fired. That is literally the CEOs only responsibility, to the shareholders

Bill Ford not going to be fired, or even reprimanded. He's literally a Ford of the founding Fords, "the great grandson of company founder Henry Ford," with an ownership stake: it's the family business.

This is ALL about profit, even for him. All carrot, no stick for him personally.

[–] [email protected] 0 points 1 year ago

Sure, but the only available stick would be that he “isn’t looking out for the best interests of the stock holders”