Joe t ford biography

Allied had sixty-five employees and served five thousand customers in Arkansas when Ford joined the company in 1959 and that year had a net loss of $12,000. He became a Director the next year when Allied would report a net income of $12,000.

He became Vice President and Treasurer in 1963 and President in 1977. Ford would lead little Allied through more than 250 mergers and acquisitions far beyond the state’s borders, to Missouri, Oklahoma, Texas, Kentucky, Tennessee, California, Ohio and other states, and he expanded the company into wireless communications and information technology.

At ford

By 1974, Allied had 142,000 telephones, compared with Bell’s 119 million, but its stock was selling at earnings multiple nearly twice that of AT&T’s, and it had become the eleventh largest independent company in the country. In 1983, Ford negotiated a merger with another national technology leader, Mid-Continent Telephone Company of Ohio, which was more than four times Allied’s size.

Ford