Burlington vs Ford: Founders, CEOs and History
Burlington was founded in 1972 by Monroe Milstein and is led by Michael O'Sullivan. Ford was founded in 1903 by Henry Ford, Alexander Y. Malcomson and is led by Jim Farley.
Company facts
Burlington
- Founded
- 1972
- Headquarters
- Burlington, New Jersey
- Current CEO
- Michael O'Sullivan
- Employees
- 83,309
Ford
- Founded
- 1903
- Headquarters
- Dearborn, Michigan
- Current CEO
- Jim Farley
- Employees
- 169,000
Founders
Burlington
Monroe Milstein
Monroe G. Milstein grew up in his family's wholesale outerwear business in New York.
Ford
Henry Ford
Ford Motor Company possesses arguably the most famous, influential founding story in the entire history of global capitalism, tracing its roots to the ambition of the man who invented modern mass production.
Alexander Y. Malcomson
Alexander Malcomson was essential to the creation of Ford Motor Company because he helped turn Henry Ford's mechanical vision into an incorporated enterprise.
CEOs and their tenures
Burlington
- Monroe Milstein1972–2006
Founder and Chief Executive Officer
Milstein opened the first Burlington Coat Factory in Burlington, New Jersey, in 1972, broadened it from discount coats into year-round family apparel, shoes, baby and home goods, and took it public in 1983.
Source - Mark Nesci2006–2008
Chief Executive Officer
A 37-year Burlington veteran, Nesci became CEO in 2006 after Bain Capital took the company private for about $2.06 billion. He retired in December 2008, remaining an equity investor and senior adviser to the board.
Source - Tom Kingsbury2008–2019
President and Chief Executive Officer
A former Kohl's senior executive, Kingsbury was hired by Bain Capital in December 2008 to revamp buying, inventory management and the supply chain.
Source - Michael O'Sullivan2019–present
Chief Executive Officer
O'Sullivan joined from Ross Stores, where he spent 16 years and finished as president and COO, and became CEO around September 16, 2019.
Source
Ford
- William Clay Ford Jr.2001–2006
Chairman and CEO
He handed the chief executive role to Alan Mulally in 2006 and remained executive chairman.
Source - Alan Mulally2006–2014
Former President and CEO
Mulally is universally recognized as the savior of the modern Ford Motor Company. By breaking down entrenched corporate fiefdoms and instilling a culture of radical transparency and operational discipline, he orchestrated one of the most remarkable corporate t…
Source - Mark Fields2014–2017
President and CEO
Ford announced investments in electric and autonomous vehicles during his tenure, and the board replaced him in 2017 with Jim Hackett.
Source - Jim Hackett2017–2020
President and CEO
Hackett launched the redesign of Ford operations before retiring in 2020, when Jim Farley became chief executive.
Source - Jim Farley2020–present
President and Chief Executive Officer
Farley's aggressive, uncompromising leadership has forced a profound cultural and structural modernization at the 120-year-old automaker.
Source
Timeline: Burlington and Ford side by side
1903Ford
Ford Motor Company Founded
Henry Ford and investors incorporated Ford Motor Company in Michigan to produce and sell automobiles.
1908Ford
Model T Introduced
The Model T became Ford's breakthrough mass-market automobile and set up the company's scale advantage.
1913Ford
Moving Assembly Line
Ford's moving assembly line changed industrial manufacturing and lowered the cost of automobile production.
1972Burlington
Burlington Coat Factory opens
Monroe Milstein bought a coat outlet in a former factory building in Burlington, New Jersey, and sold brand-name coats at discount prices, the start of Burlington Coat Factory.
1983Burlington
First public offering
Burlington Coat Factory Warehouse Corporation went public for the first time, funding expansion from a regional discounter into a national chain with year-round apparel, shoes, baby and home departments.
1989Burlington
Cohoes Specialty Stores acquired
Burlington bought the Cohoes Specialty Stores off-price chain from upstate New York, including a 50 percent stake in the Cohoes Commons building; a few stores still traded as Cohoes Fashions decades later.
1999Ford
Acquired Volvo Cars
Ford Motor acquired Volvo Cars for $6.45 billion. Ford acquired Volvo Cars to strengthen its global premium portfolio and gain access to a brand known for safety engineering.
2006Burlington
Bain Capital takes Burlington private
Bain Capital acquired Burlington Coat Factory for about $2.06 billion, ending 34 years of Milstein family control. Long-time executive Mark Nesci became chief executive.
2006Ford
One Ford Turnaround Begins
Alan Mulally began the One Ford turnaround, simplifying the company and preserving liquidity before the financial crisis.
2008Burlington
Tom Kingsbury named CEO
Former Kohl's executive Thomas Kingsbury became president and CEO in December 2008, succeeding Mark Nesci, and began overhauling buying, inventory management and the supply chain.
2013Burlington
Return to the stock market
Burlington Stores priced its IPO on October 2, 2013, selling 13.3 million shares at $17 each for about $226 million, and listed under the ticker BURL.
2019Burlington
Michael O'Sullivan becomes CEO
Former Ross Stores president and COO Michael O'Sullivan succeeded Tom Kingsbury as CEO around September 16, 2019, and later launched the Burlington 2.0 plan of leaner inventories and smaller stores.
2020Burlington
Online sales end and stores close for the pandemic
On March 5, 2020, Burlington said it would shut its e-commerce business. Days later pandemic lockdowns closed its stores, and fiscal 2020 revenue fell to $5.76 billion with a $216.5 million net loss.
2020Ford
Jim Farley becomes CEO
Jim Farley became CEO of Ford Motor in 2020. Farley's aggressive, uncompromising leadership has forced a profound cultural and structural modernization at the 120-year-old automaker.
2021Ford
Ford Pro Strategy Accelerates
Ford sharpened its commercial-vehicle strategy around fleet services, telematics, charging, and customer lifetime value.
2023Burlington
Bed Bath & Beyond leases
Burlington won 44 Bed Bath & Beyond leases for $12 million at the June 2023 bankruptcy auction, the largest share of the 109 sold, and later reported 62 former Bed Bath & Beyond leases in total.
2023Ford
Segment Reporting Realigned
Ford began reporting Ford Blue, Ford Model e, and Ford Pro to clarify the economics of legacy, EV, and commercial businesses.
2025Burlington
Joann leases
After Joann's second bankruptcy, Burlington agreed in April 2025 to take over 45 Joann store leases, many of which became part of its fiscal 2026 opening program.
2025Ford
Revenue Growth and Net Loss
Ford reported $187.267B of FY2025 revenue but a net loss of $8.162B, making capital discipline the central investor issue.
2026Burlington
Record fiscal 2025 results
Burlington reported fiscal 2025 total revenue of $11.57 billion and net income of $610.2 million, and ended the year on January 31, 2026, with 1,212 stores.
2026Burlington
Tariff refunds put into prices
In the second quarter of fiscal 2026, sales rose 11 percent to $2.998 billion. Burlington received $55 million in tariff refunds and said it would reinvest them in lower prices; the store count reached 1,287.
2026Burlington
Headquarters move to Philadelphia announced
On September 3, 2026, Burlington said it will invest $370 million to move its headquarters from Burlington Township, New Jersey, to Schuylkill Yards in Philadelphia, in phases from late 2028 or early 2029.
2026Ford
Guidance Raised After EV Reset
Ford raised 2026 adjusted EBIT guidance to $10B-$11B in July 2026 despite a $1.3B Q2 net loss driven by BlueOval SK exit charges.
Acquisitions
Burlington
- Joann store leases2025Undisclosed
- Bed Bath & Beyond store leases2023$12M
- Burlington Coat Factory (taken private by Bain Capital)2006$2.1B
- Cohoes Specialty Stores (Cohoes Fashions)1989Undisclosed
Ford
- Electriphi2021Undisclosed
- Spin2018$100M
- Autonomic2018Undisclosed
- Land Rover2000$2.7B
- Volvo Cars1999$6.5B
- Jaguar Cars1989$2.5B
Questions about Burlington vs Ford
Who is the CEO of Burlington Stores, Inc. and Ford Motor Company?
Burlington Stores, Inc. is led by Michael O'Sullivan and Ford Motor Company is led by Jim Farley. Both serve as the top executive responsible for the company's strategy, operations, and financial performance.
When was Burlington Stores, Inc. founded vs Ford Motor Company?
Ford Motor Company was founded in 1903 — 69 years before Burlington Stores, Inc., which was founded in 1972. Ford Motor Company's longer operating history gives it a deeper track record but also potentially more institutional inertia compared to the younger Burlington Stores, Inc..
How many employees does Burlington Stores, Inc. have compared to Ford Motor Company?
Burlington Stores, Inc. employs approximately 83,309 people, while Ford Motor Company employs approximately 169,000. Ford Motor Company has the larger workforce at 169,000 employees, compared to Burlington Stores, Inc.'s 83,309. A higher headcount does not necessarily imply greater efficiency — it often reflects differences in business model (e.g., manufacturing vs. software).
Where are Burlington Stores, Inc. and Ford Motor Company headquartered?
Both Burlington Stores, Inc. and Ford Motor Company are headquartered in United States, meaning they operate under the same primary regulatory and tax environment.
Who founded Burlington Stores, Inc. and Ford Motor Company?
Burlington Stores, Inc. was founded by Monroe Milstein. Ford Motor Company was founded by Henry Ford, Alexander Y. Malcomson.
Which company has a longer operating history — Burlington Stores, Inc. or Ford Motor Company?
Ford Motor Company has been operating for approximately 123 years, making it the more established of the two companies. Burlington Stores, Inc. has been in operation for around 54 years. A longer operating history often signals greater institutional resilience and brand recognition, though it can also mean slower adaptation to new market conditions.
Figures come from each company's filings and the sources linked beside them. Amounts reported in another currency are shown in US dollars at an approximate rate and marked with ~. Back to the Burlington vs Ford overview