Day: September 9, 2020

September 9, 1982 – Henry Ford II (sort of) leaves Ford Motor Company
This Day

September 9, 1982 – Henry Ford II (sort of) leaves Ford Motor Company

On this day in 1982 Henry Ford II announced he would remove himself from any involvement at the Ford Motor Company. Ford II, grandson of Henry Ford, was named president of FMC following the death of his father Edsel in 1943 and the realization that Henry Ford I was no longer capable of running Ford due to his ailing health.  At the time Edsel passed away, Ford Motor Company was losing millions of dollars per month, in large part due to its destroyed European factories. When Ford II was handed the reins he was given the mighty task of saving the family business.  Through reorganization of Ford’s manufacturing processes and restructuring its staffing, Ford II got things back on track. A huge component of the success starting in the late 1940s was his hiring of the Whiz Kids. This was a g...