Ford Shareholders Reject Proposal to End Dual-Class Stock Structure at Annual Meeting

Ford Motor Company announced the results of its Annual Meeting of Shareholders held on May 14, 2026. Shareholders voted on several proposals, notably rejecting a plan to recapitalize the company's stock to provide one vote per share for all outstanding shares, thereby maintaining the existing dual-class structure.

Key Details

• Dual-Class Structure Upheld: A shareholder proposal for a recapitalization plan to provide one vote per share was rejected, with approximately 2.85 billion votes against and 2.17 billion votes for.
• Director Elections: All 15 nominees for the Board of Directors were elected.
• Approved Proposals: Shareholders ratified the selection of PricewaterhouseCoopers LLP as the independent registered public accounting firm for 2026 and approved, on an advisory basis, the compensation of the company's named executive officers ('say on pay').
• Other Rejected Proposals: Shareholders also rejected proposals related to the disclosure of voting results by share class and a by-law amendment concerning diversity, equity, and inclusion oversight.