Ford Motor Company
Ford Motor Company Amends and Restates Benefit Plans
Summary
On March 14, 2024, Ford Motor Company's Board of Directors approved the amendment and restatement of its Defined Benefit Supplemental Executive Retirement Plan (DB SERP), Executive Separation Allowance Plan (ESAP), and Select Retirement Plan (SRP). Effective the same day, these plans are closed to new participants. The amended and restated plans are attached as exhibits to the filing.
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Exhibits (3)
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About Ford Motor Company
Ford Motor Company, a prominent entity in the automotive sector, is renowned for designing, manufacturing, and selling a full line of trucks, utility vehicles, and cars, domestically and internationally. This esteemed company, founded in 1903 and headquartered in Dearborn, Michigan, also holds a significant presence in the automotive financial services landscape through Ford Credit. Ford’s commitment to innovation is evident in its push towards sustainable and smart vehicles, including the development of electric and autonomous driving technologies. As a key player in the automotive industry, Ford impacts several sectors, including manufacturing, transportation, and energy. Its operations influence global supply chains, employment, and economic health. The company's broad market reach, storied history, and strategic emphasis on future mobility solutions reinforce its integral role in the automotive market's advancement and evolution.
Official SEC Documents
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