CEO ejection hardly gets Ford back in the race
SHANGHAI (Reuters Breakingviews) - Ford Motor’s many flubs under Mark Fields were becoming existential for the $43 billion carmaker’s founding family. Two weeks ago, a majority of those shareholders not named Ford voted to abolish the family's super-voting stock. The Fords took the hint, and the chief executive is now leaving. But naming a 62-year-old from the furniture trade to replace him hints at how unprepared the family was for a revolt.