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 WILMINGTON, Del. (AP) - Ford Motor Co. Chairman and Chief Executive Bill Ford on Thursday reiterated his pledge not to accept a salary or bonus until the company's automotive operations return to profitability, but the action didn't satisfy every shareholder at the automaker's annual meeting.
"Mr. Ford is a failure. He has put shareholders and the company at bankruptcy's door," said Sam Joanette, a Ford retiree and shareholder from Miami Beach, Fla., who said he has lost more than $1 million since investing most of his retirement money in Ford in 1999.
"Mr. Ford knows he is not qualified, that he is in over his head."
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