2007 Ford Crown Victoria Police Interceptor In Great Runnig Conditions on 2040-cars
Los Angeles, California, United States
Body Type:Sedan
Vehicle Title:Clear
Engine:4.6L 281Cu. In. V8 GAS SOHC Naturally Aspirated
Fuel Type:GAS
For Sale By:Private Seller
Make: Ford
Model: Crown Victoria
Warranty: Vehicle does NOT have an existing warranty
Trim: Police Interceptor Sedan 4-Door
Options: CD Player
Drive Type: RWD
Safety Features: Anti-Lock Brakes, Driver Airbag, Passenger Airbag, Side Airbags
Mileage: 102,000
Power Options: Air Conditioning, Cruise Control, Power Locks, Power Windows, Power Seats
Exterior Color: White
Interior Color: Tan
Number of Cylinders: 8
Number of Doors: 4
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Auto blog
Ford family keeps special voting rights
Fri, 10 May 2013Ford Motor Company has a dual-class stock structure of Class A and Class B shares. The roughly three billion Class A shares are for the general public like you and me, while the roughly 71 million Class B shares are all owned by the Ford family. Each Class A share gets the shareholder one vote, each Class B share is worth 16 votes, the result being that Common Stock holders control about 60 percent of the company while the Ford family controls 40 percent even though it holds far fewer shares. The only way that could ever change would be if the Fords sell their Class B shares, but even so, Class B shares revert to Class A when sold outside the family, so they'd have to sell a whole bunch of them.
A contingent of Class A shareholders think the dual-class system is unfair, and for the past few years a vote's been held during the annual shareholders meeting to end it. It has failed every time, as it just did again during the meeting held this week. A smidge over 33 percent voted to end the dual system, outvoted by the 67 percent who are happy with the way Ford is going - unsurprising in view of a corporate turnaround that will be part of business-class curricula for years to come.
On the sidelines, Ford elected Ellen R. Marram to the post of independent director, the first woman to hold the job. The former Tropicana CEO and 20-year Ford board member replaces retiring board member Irvine Hockaday who helped bring Alan Mulally to the CEO position.
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