Ford Motor Company executives, Alan Mulally, president and CEO, Bill Ford, executive chairman and Peter Sherry, corporate secretary
WILMINGTON, Del., May 13, 2010 – A total of 97 persons attended the annual meeting of shareholders in Wilmington, Delaware, on Thursday, May 13.
Voting results indicate that a total of 2,749,518,893 shares of common stock and 70,800,727 shares of Class B Stock with a total aggregate of 4,964,094,864 votes were represented in person or by proxy at the annual meeting. These shares represented 89.6% of all the votes that could have been cast at the annual meeting.
Proposal 1. Election of Directors
Directors Elected:
| Stephen G. Butler Kimberly A. Casiano Anthony F. Earley, Jr. Edsel B. Ford II | Richard A. Gephardt William Clay Ford, Jr. Irvine O. Hockaday, Jr. Richard A. Manoogian | Ellen R. Marram Alan Mulally Homer A. Neal Gerald L. Shaheen John L. Thornton |
Proposal 2. The proposal to ratify the selection of PricewaterhouseCoopers LLP as the independent registered public accounting firm was approved.
| Total Votes Cast: For: Against: Abstain: | 4,964,094,864 99.2% 0.8% 0.4% |
Proposal 3. The proposal to approve the Tax Benefit Preservation Plan was approved.
| Total Votes Cast: For: Against: Abstain: | 4,067,561,235 96.2% 3.8% 0.5% |
Proposal 4. The proposal relating to disclosing any prior government affiliation of directors, officers, and consultants was rejected.
| Total Votes Cast: For: Against: Abstain: | 4,067,561,235 3.6% 96.5% 4.3% |
Proposal 5. The proposal relating to consideration of a recapitalization plan to provide that all of the Company's outstanding common stock have one vote per share was rejected.
| Total Votes Cast: For: Against: Abstain: | 4,067,561,235 29.2% 70.8% 0.6% |
Proposal 6. The proposal relating to the Company issuing a report disclosing policies and procedures related to political contributions was rejected.
| Total Votes Cast: For: Against: Abstain: | 4,067,561,235 12.6% 87.4% 9.2% |
Proposal 7. The proposal requesting that the Board adopt a policy that provides shareholders the opportunity to cast an advisory vote to ratify the compensation of the Named Executives was rejected.
| Total Votes Cast: For: Against: Abstain: | 4,067,561,235 18.0% 82.0% 1.7% |
Proposal 8. The proposal relating to the Company not funding any energy savings projects that are solely concerned with CO2 reduction was rejected.
| Total Votes Cast: For: Against: Abstain: | 4,067,561,235 2.1% 97.9% 9.0% |
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About Ford Motor Company
Ford Motor Company, a global automotive industry leader based in Dearborn, Mich., manufactures or distributes automobiles across six continents. With about 176,000 employees and about 80 plants worldwide, the company's automotive brands include Ford, Lincoln, Mercury and, until its sale, Volvo. The company provides financial services through Ford Motor Credit Company. For more information regarding Ford's products, please visit www.ford.com.