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Should the Ford CEO resign?

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Deja Q Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-23-06 05:13 PM
Original message
Poll question: Should the Ford CEO resign?
The tv news just said the reason for the big losses in profit are due to the costs related to restructuring. (oops)

Even if the restructuring wasn't the cause, isn't the CEO responsible for the decisions that affects the company's profits?

So, should the Ford CEO resign?

Sorry, polls are turned off at Level 3.

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MrCoffee Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-23-06 05:30 PM
Response to Original message
1. Why did this get moved from the Lounge?
If ever a poll was destined for the Lounge, this is it.

:rofl:

:hi: HypnoToad!
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Deja Q Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-23-06 05:42 PM
Response to Reply #1
4. I asked them to move it.
It was, IMHO, meant as a GD topic. Topical, relevant, and is it not true that CEOs make the big decisions, which is one reason they get paid the big bucks?
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Swamp Rat Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-23-06 05:34 PM
Response to Original message
2. Yes, with NO GOLDEN PARACHUTE!
Edited on Mon Oct-23-06 05:34 PM by Swamp Rat
Also, the Ford CEO should be made to work without pay on the assembly for a year as compensation for the damage incurred due to poor decision-making. We need to send a strong message to CEOs who are wannabe robber barons. :)
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dr.strangelove Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-23-06 05:39 PM
Response to Original message
3. Um, he did.
Edited on Mon Oct-23-06 05:42 PM by dr.strangelove
Bill Ford Jr. resigned as CEO last month. They knew this was coming and the board forced him out. Alan Mulally has been on the job about a month. He was brought over from Boeing. Bill Ford remains executive chairman of the board, but is not involved in the dad-to-day running of the company.
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Deja Q Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-23-06 05:43 PM
Response to Reply #3
5. Oops.
Thank you for the edification. :thumbsup:

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sgsmith Donating Member (305 posts) Send PM | Profile | Ignore Mon Oct-23-06 05:44 PM
Response to Reply #3
6. thank you
At least someone remembers current events.
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dr.strangelove Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-23-06 05:49 PM
Response to Reply #6
8. Ford's lesson
was a tough one to learn. Ford is not in a position to compete with GM for market share any more. they need to shrink, reduce output and develop cars that people want. Ford makes a good car, but they got too caught up in competing with GM to be No. 1 that they lost sight of the consumer. Ford should align with Nissan int he deal GM was afraid to make. LEt GM and Toyota spend too much money competing and let Ford go back to making good cars. In the end, if you make a good car, people will but it. They don;t care who has cooler commercials during the superbowl. I hope Ford turns it around and starts to make good cars. Nissan can teach them a few things. My pathfinder is nearing 200,000 miles and never had anything go wrong other than scheduled work.
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porphyrian Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-23-06 05:49 PM
Response to Original message
7. It isn't our place to say.
Likely only the stockholders get a vote on that. Ideally, he would resign or be fired, but that isn't the current trend in CEO failure.
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dr.strangelove Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-23-06 05:50 PM
Response to Reply #7
9. See above, Bill Ford resigned last month
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porphyrian Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-23-06 05:56 PM
Response to Reply #9
11. I wrote my post two weeks ago.
I had it timed to post today. When he resigned, I didn't cancel the post because that always crashes Windows.
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stepnw1f Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-23-06 05:53 PM
Response to Original message
10. This Says it All:
Top 5 Most Fuel Efficient American Cars:

Ford Escape Hybrid - 36 mpg city / 31 mpg highway
Chevy Aveo - 26 mpg city / 35 mpg highway
Ford Focus - 26 mpg city / 34 mpg highway
Chevy Cobalt - 25 mpg city / 34 mpg highway
Ford Fusion - 24 mpg city / 32 mpg highway


Top 5 Most Fuel Efficient Japanese Cars:

Honda Insight - 60 mpg city / 66 mpg highway
Toyota Prius - 60 mpg city / 51 mpg highway
Honda Civic Hybrid - 49 mpg city / 51 highway
Toyota Corolla - 32 mpg city / 41 mpg highway
Toyota Matrix - 30 mpg city / 36 mpg highway

Why would you buy Ford? They rip you off and give you crap that guzzles gas. Sorry... I'm sick of hearing Ford's excuses. MAKE A BETTER PRODUCT that isn't beholden to BIG OIL!
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