William Clay Ford dies at 88
Died today (9) morning, of pneumonia, William Clay Ford, 88, retired vice president of Ford Motor Company and the last living grandson of company founder Henry Ford.
William spent 57 years in the company of his grandfather, joining the Board of Directors in 1948, before graduating from college. Ford was also chairman of the Design Committee, and Chairman of the Executive Committee and Vice Chairman of the Board during his tenure at the company. He retired and took over as director emeritus in 2005.
"My father was a great business leader and humanitarian who dedicated his life to the company and the community," said Bill Ford Jr., current CEO of Ford. "He was also a wonderful man, family, a loving husband, father, grandfather and great-grandfather. He will be greatly missed for all who knew him, but he will continue to inspire us all," he added.
Ford also owned since 1963, the Detroit Lions football team. He left a wife, four children, fourteen grandchildren and two great-grandchildren.