-
2016 annual report highlights Ford’s progress last year in its
continued expansion to be an auto and mobility company
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Ford’s 2017 annual meeting of shareholders to be conducted virtually,
beginning at 8:30 a.m. EDT, Thursday, May 11, 2017
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2017 proxy statement provides details of the annual meeting, four
company and two shareholder proposals, as well as compensation for
this year’s named executive officers
Company Website:
http://corporate.ford.com/
DEARBORN, Mich. -- (Business Wire)
Ford Motor Company (NYSE:F) today released its 2016 annual report, which
details the progress Ford made last year in its continued expansion to
be an auto and mobility company.
For full-year 2016, Ford had a solid $4.6 billion in net income and a
total company adjusted pre-tax profit of $10.4 billion, the second best
in company history. The company also rewarded shareholders by
distributing $3.5 billion, including the first supplemental dividend of
$1 billion. Globally, Ford launched 11 new vehicles in 2016, including
the all-new Ford F-Series Super Duty, the new Ford Escape and the
flagship Lincoln Continental.
“Our solid performance in 2016 underscores the substantial progress we
are making in expanding our business to be an auto and a mobility
company,” said Mark Fields, Ford president and chief executive officer.
“This year, we’re focused on building on our strengths, transforming
underperforming parts of our business and investing in the emerging
opportunities that will provide even more profitable growth in the
future.”
The full report can be found in pdf format at www.shareholder.ford.com,
and an expanded web version of the report can be found at www.annualreport.ford.com.
Ford also announced today the company would be conducting its annual
meeting at 8:30 a.m. EDT, Thursday, May 11. The meeting is being
conducted virtually this year for the first time, following a growing
trend of top companies moving to virtual meetings. Shareholders will be
able to listen, vote and submit questions from their homes or any remote
location with internet connectivity.
“We take very seriously the trust that our shareholders place in our
leadership team,” said Bill Ford, Ford executive chairman. “The annual
meeting is an important opportunity for us to hear directly from our
shareholders, and the virtual nature of this year’s meeting will enable
us to increase shareholder accessibility, while improving efficiency and
reducing costs.”
Broadridge Financial Solutions, the financial services technology firm
that will help facilitate the meeting, has been working with companies
to conduct virtual annual meetings since 2009.
In 2016, Broadridge helped more than 180 companies conduct virtual
annual meetings, up from 28 in 2010.
Shareholders can submit questions in two ways this year: They can do so
either up to three days prior to the meeting, or during the meeting.
Questions pertinent to meeting matters that cannot be answered during
the meeting due to time constraints will be answered and posted online,
and on Ford’s shareholder website at www.shareholder.ford.com.
On the day of the meeting, shareholders can participate online by
logging in at www.virtualshareholdermeeting.com/FORD.
Full details and instructions also can be found on Ford’s shareholder
website and on page 83 of the 2017 proxy statement, which is being
published today. The statement contains details of four company and two
shareholder proposals, as well as compensation for this year’s named
executive officers.
Ford offers registered shareholders the opportunity to reduce their
environmental impact with the option of receiving proxy materials
electronically by registering online with www.eTree.com/Ford.
For each registered shareholder who signs up for electronic delivery of
proxy materials, a tree will be planted on that person’s behalf.
During 2016, more than 1,000 trees were planted as a result of Ford
shareholders enrolling in the electronic delivery program. Since
inception of the option, more than 6,252 trees have been planted.
Ford’s annual report, proxy statement and details of the 2017 annual
meeting of shareholders are available at www.shareholder.ford.com.
About Ford Motor Company
Ford
Motor Company is a global automotive and mobility company
based in Dearborn, Michigan. With about 201,000 employees and 62 plants
worldwide, the company’s core business includes designing,
manufacturing, marketing and servicing a full line of Ford cars, trucks
and SUVs, as well as Lincoln luxury vehicles. To expand its business
model, Ford is aggressively pursuing emerging opportunities with
investments in electrification, autonomy and mobility. Ford provides
financial services through Ford Motor Credit Company. For more
information regarding Ford and its products and services, please visit www.corporate.ford.com.
For news releases, related materials and high-resolution photos and
video, visit www.media.ford.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170331005419/en/
Contacts:
Ford Motor Company
Media:
Brad
Carroll
313.390.5565
bcarro37@ford.com
Equity
Investment
Community:
Dawn Dombroski
313.845.2868
fordir@ford.com
Fixed
Income
Investment Community:
Karen Rocoff
313.621.0965
fixedinc@ford.com
Shareholder
Inquiries:
800.555.5259
or
313.845.8540
stockinf@ford.com
Source: Ford Motor Company
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