(Reuters) - Shareholders of Ford Motor Co (F.N) rejected by 63.1 percent on Thursday a proposal to alter the voting power of the founding family of the company. The measure, which is a perennial at Ford annual meetings, received about as much support as it got last year.
The Ford family has 40 percent voting control of the company through special Class B shares. The vote was held at the company’s annual meeting in Wilmington, Delaware.
Reporting by Bernie Woodall Editing by W Simon