11-28-2015, 11:39 PM
|
#4
|
|
BANNED
Join Date: Feb 2015
Location: East Central Iowa
Posts: 1,275
|
Re: New Ford in the Capital
Quote:
Originally Posted by Vern
Great photo Bick and thanks for the info Steve. It made me search for Senator Couzens. Turns out he was a good friend of Henry. Ford Motor Company was founded in 1903 with John S. Gray as president, Ford as vice-president, Malcomson as treasurer, and Couzens as secretary. Couzens took over the business management of the new firm for a salary of $2400. In 1906, Gray died and Malcomson was eased out of the business, and Couzens became vice president and general manager of the company. The company made both Ford and Couzens wealthy, due in no small part to Couzens's business acumen. However, the two men gradually grew apart, and in 1915 Couzens resigned his position as general manager, although he retained a seat on the board. In 1919, Ford purchased Couzens's shares in the company for $30,000,000.
Couzens went on to become US Senator from Michigan.
|
Fabulous research! But.. Why wasn't Ford the top man at the inception of the FMC?
Larry
__________________
Good enough.. Isn't.
|
|
|