William Clay Ford Sr. will retire from Ford Motor Co.’s board of directors after nearly 57 years with the company. The only surviving grandson of the late Henry Ford and father of Ford chairman and CEO Bill Ford Jr., William Clay Ford will not stand for reelection when his current term expires in May, the auto maker says. He will remain with the company as director emeritus, at the board’s request. William Clay Ford joined Ford’s board of directors in 1948 and was later employed by the ...

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