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"   William Clay Ford Sr., 79, is retiring as a director of Ford Motor Co., the Detroit News reported. He has been a director since June 1948 and served as chairman of the board&amp;#039;s powerful finance committee from November 1987 until January 1995. He will turn 80 on March 14, the story said.   He is the last surviving grandson of Ford Motor Co. founder Henry Ford and longtime owner of the Detroit Lions. He went to work for the family firm after graduating from Yale University in 1949 and during his career oversaw the design and development of a number of models, including the Continental Mark II, the News said.   William Clay Ford&amp;#039;s son, Ford Chairman and CEO Bill Ford Jr., and Edsel B. Ford II, son of longtime Ford Chairman Henry Ford II, will become the only family members on the company&amp;#039;s board. "^^<http://www.w3.org/2001/XMLSchema#string>
<http://www.roadandtrack.com/car-culture/a10619/henry-fords-last-grandson-to-retire/>