EXECUTIVES: 77 Ford Trimotor

Like his grandfather, Henry Ford II is not a man to share power. As he often reminds his subordinates, "My name is on the building" of the Ford Motor Co. headquarters in Dearborn, Mich. Still, Chairman Henry, who will turn 60 in September, is in something less than the best of health (he has had heart trouble) and cannot readily sight anyone bearing the family name to take over the running of the world's second-largest automaker. So, last week he announced that he will be joined in a three-man "office of the chief executive" by two other company heavyweights:...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!