Ford Sr., William Clay

Youngest grandson of Henry Ford, owner of NFL Detroit Lions

Price: $15.00

Description:
(b. 1925) Youngest of the 4 children of Edsel Ford, youngest grandchild of Henry Ford. Served in the Navy Air Corps in WW II, married granddaughter of Harvey Firestone in 1947, and received a 1949 BS in Economics from Yale. He worked for the Ford Motor Company and was briefly head of the Continental Division, which was short lived, and merged with Lincoln shortly before Ford's public stock offering. He updated the Continental that his father had created, and in 1955 the Continental Mark II was released. He was named Vice Chairman of the Board of Directors of the automotive giant founded by his grandfather after his brother, Henry Ford II, bypassed him to name a non-family Chairman. In 1987, following Henry Ford II's death, he became head of the company's key finance committee, serving until 1994, when his son, William Clay Ford Jr. succeeded him. He sat on the Ford Board of Directors for 57 years, retiring in 2005, his son, William Clay Ford Jr., Ford's CEO at the time. In 1963, he purchased a controlling interest in the Detroit Lions of the National Football League for $4.5M. He turned day-to-day operations of the football team over to his son in 1995. According to the 2011 Forbes 400, he was the 283rd richest man in America, with a net worth of over $1.2B. Signed 3 ¾ x 6 ½ US 1968 12c Henry Ford stamp generic cacheted First Day Cover, postmarked “First Day of Issue”, Greenfield Village, Michigan, July 30 1968

Condition: Very good
Type:First Day Cover






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