Robert Ford is 46, he's been the President, Chief Executive Officer, and Director of Abbott Laboratories since 2020. What is the salary of Mr Ford? The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. The company introduced its first two tests in March 2020 and delivered more than 400 million in 2020. Text size. Based on ownership reports from SEC filings, as the reporting owner, Robert B Ford owns 1 companies in total, including The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. Track performance, allocation, dividends, and risks . ABBOTT LABORATORIES annual reports of executive compensation and pay are most commonly found in the Def 14a documents. [1] He received a bachelor's degree from Boston College and an MBA in business administration from at Berkeley 's Haas School of Business. Ford, who became CEO in 2020, received compensation totaling $24.9 million in 2021, most of it coming from stock options and awards, according to a recent Abbott filing with the U.S. Securities & Exchange Commission. Is Abbott a Fortune 500 company? You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). Chairman of the Board and Chief Executive Officer. Abbott is a global healthcare leader that helps people live more fully at all stages of life. Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. White will step down as CEO March 31, 2020, after a tenure that saw the company's acquisitions . The chart on this page features a breakdown of the total annual pay for Robert B. Ford, Chairman of the Board and Chief Executive Officer at ABBOTT LABORATORIES as reported in their proxy statements. View saved articles. His latest promotion: Chief Executive Officer at Abbott, a global diversified healthcare company. GuruFocus also compares Robert B Ford's trading performance to market benchmark return within the same time period. The current estimated net worth of Abbott Laboratories's CHAIRMAN AND CEO, Robert B Ford, is estimated to be about $32.44M . Last updated: 22 February 2023 at 6:54pm EST. The most active insiders traders include Miles D White, Richard A Gonzalez, and Jeffrey M Leiden. Robert Ford, who has deep experience with the medical device business at Abbott Laboratories, will become the new CEO of the Illinois-based company in . Robert has made over 4 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. 89. . Robert B Ford is Over the last 23 years, insiders at Abbott Laboratories have traded over $365,964,884 worth of Abbott Laboratories stock and bought 1,028,477 units worth $44,923,618 Get notified the next time Robert B. Ford buys or sells Abbott Laboratories stock. He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. Robert B Ford around $11 Million. Following the completion of the sale, the chief executive officer now directly owns 142,071 shares of the company's stock, valued at $14,931,662.10. sale Western countries are now scrambling for stable, renewable energy. Senior Vice President Fernando Mateus Mr. Ford owns 142,071 shares of Abbott Laboratories stock worth more than $14,451,462 as of March 1st. Over the last 23 years, insiders at Abbott Laboratories have traded over $365,964,884 worth of Abbott Laboratories stock and bought 1,028,477 units worth $44,923,618 Get notified the next time Robert B. Ford buys or sells Abbott Laboratories stock. As the Chairman of Abbott Laboratories, Mr. Ford earned a total compensation package of $24,914,886.00 in 2021. His 2021 pay was down from $18.8 million in 2020 and $24.67 million in 2019. Learn More on Robert B. Ford's trading history. Our 109,000 colleagues serve people in more than 160 countries. The corporate mailing address for Mr. Ford and other Abbott Laboratories executives is 100 ABBOTT PARK ROAD D-322 AP6D, ABBOTT PARK IL, 60064. Robert B. Ford serves as President, Chief Executive Officer, Director of the Company. The largest trade he's ever made was exercising 102,425 units of Abbott Laboratories stock on 25 August 2022 worth over $4,121,582. Sponsored Content: Global Tax Rules Take Shape Whats Next for Multinational Companies? [6][7] He stated that the sale of medical devices such as FreeStyle Libre and diagnostics would be prioritized while CEO as well as developing technology to monitor consumer health through smartphones and other connected devices. As the Chairman and Pres & CEO of Abbott Laboratories, the total compensation of Mr Ford at Abbott Laboratories is $5,051,334. Billions could be poured into exploration companies searching for new U.S. deposits. As Chairman of the Board and Chief Executive Officer at ABBOTT LABORATORIES, Robert B. Ford made $22,159,543 in total compensation. Within two months, he had erased the "vice" to become president of the division. Its portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Combined, the North Chicago-based company paid more than $40 million in 2021 for the services of Ford and White. Robert B. Ford Net Worth Mr. Robert B. Ford biography Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. No use of any Abbott trademark, trade name, or trade dress in this site may be made without the prior written authorization of Abbott, except to identify the product or services of the company. He received nearly $16 million during his last year with Abbott, the filing shows. The estimated Net Worth of Robert B Ford is at least $39.1 Million dollars as of 25 August 2022. On average, Robert trades about 5,882 units every 58 days since 2014. It operates through the following segments: Established Pharmaceutical Products, Nutritional Products, Diagnostic Products, and Medical Devices. and The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. of 150,000 shares made by Daniel J Starks Abbott did not respond to a request for comment. There are 40 older and 3 younger executives at Abbott Laboratories. The Medical Devices segment includes electrophysiology, heart failure, vascular and structural heart devices for the treatment of cardiovascular diseases, and diabetes care products for people with diabetes, as well as neuromodulation devices for the management of chronic pain and movement disorders. a net Mr. Ford earned a bachelor's degree from Boston College and a master's degree in business administration from UC Berkeley, Haas School of Business. Abbott derives approximately 60% of sales outside the United States. This report is not for commercial use. On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. , Chairman and Chief Executive Officer Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. Other transactions such as conversion of derivative security or exercise of options are not included. . In 2021, Abbotts COVID-19 testing-related sales totaled about $7.7 billion, up from $3.9 billion in 2020. He subsequently held various positions of increasing responsibility for Abbott's Diagnostics, Nutrition and Diabetes Care businesses. Unless otherwise specified, all product and service names appearing in this Internet site are trademarks owned by or licensed to Abbott, its subsidiaries or affiliates. Abbott Labs Board Chairman/CEO Robert Ford could hardly have picked a better time for his CES keynote address, the first by a healthcare company representative in CES history. Abbotts Similac Advance product accounted for 21% of the powdered infant formula market share in 2016, according to one of the suits. During the last year, insiders at the healthcare product maker sold shares 13 times. . He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. Abbott Laboratories CEO Robert Ford received a $4.5 million raise last year as the medical device company saw sales surge amid rising demand for its COVID-19 BinaxNOW tests. Robert B Ford is president and chief executive officer of Abbott, a Fortune 100 health technology company.Previously, he served as president and chief operating officer, with responsibility for all. Insiders at Abbott Laboratories own 0.5% of the company. Our 109,000 colleagues serve people in more than 160 countries. sale Markets; Tools Portfolios. There are 39 older and 4 younger executives at Abbott Laboratories. See who is leading new copper discoveries and how. Oct 05, 2021, 11:00 ET. . On average, Robert trades about 5,882 units every 58 days since 2014. Learn More on Robert B. Ford's contact information. Previously, he served as President and Chief Operating Officer, with responsibility for all of the company's operating businesses; and Executive Vice President, Medical Devices, leading our Diabetes Care, Cardiovascular and Neuromodulation businesses. Robert B Ford made Last updated: 1 February 2023 at 11:00am EST. Robert B Ford is the Senior Vice President of Abbott Laboratories. The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. The FDA says two deaths have so far been linked to contaminated Abbott formula. The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. Russia Ignites West's Battle for Energy Independence. The performance of stocks bought by Robert B Ford within 3 months outperforms 1 times out of 1 transactions in total compared to the return of S&P 500 within the same period. Learn More about Robert B. Ford's net worth. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Mr. Ford owns 142,071 shares of Abbott Laboratories stock worth more than $14,272,453 as of February 25th. Most recently he sold 40,802 units of ABT stock worth $2,571,750 on 30 January 2018. . Get the best business coverage in Chicago, from breaking news to razor-sharp analysis, in print and online. CEO Miles White will retain his title as executive chairman of the board. Abbott Laboratories executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. The most active insiders traders include Miles D White, Richard A Gonzalez, and Jeffrey M Leiden. Abbott Laboratories (ABT) Now, a little-known exploration company has defined America's largest high-quality graphite deposit near Nome, Alaska. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. As of 25 August 2022 he still owns at least 244,496 units of Abbott Laboratories stock. of 15,460 shares. As the President, Chief Executive Officer, and Director of Abbott Laboratories, the total compensation of Robert Ford at Abbott Laboratories is $11,897,900. Previously, he served as President and Chief Operating Officer, with responsibility for all of the company's operating businesses; and Executive Vice President, Medical Devices, leading our Diabetes Care, Cardiovascular and Neuromodulation businesses. . Enter your email address below to get our daily insider buying and selling report. Abbott Laboratories executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. The company was founded by Wallace Calvin Abbott in 1900 and is headquartered in Abbott Park, IL. Over the last 23 years, insiders at Abbott Laboratories have traded over $365,964,884 worth of Abbott Laboratories stock and bought 1,028,477 units worth $44,923,618 #HealthyReturns" Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. Transaction Summary of Robert B Ford The company says it also saw growth in its diagnostics and nutritional products segments. You can see the complete history of Mr. Ford stock trades at the bottom of the page. Enter your email address below to get our daily insider buying and selling report. Abbott Laboratories engages in the discovery, development, manufacture, and sale of a broad and diversified line of health care products. The Nutritional Products segment caters to the worldwide sales of adult and pediatric nutritional products. You can help Wikipedia by expanding it. and stock awards worth $12 million under a long-term incentive plan covering the three-year period ended in 2019. Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. . Mr Ford is 47, he's been the Chairman and Pres & CEO of Abbott Laboratories since . There are 1 executives at Abbott Laboratories getting paid more, with MilesWhite having the highest compensation of $27,802,800. He is very close to his sons Finn and Robert Ford. A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. Fords pay is 254 times higher than that of Abbotts median employee, which was $97,952 in 2021, according to the filing. Over the past 18 months, There are no executives at Abbott Laboratories getting paid more. Details can be seen in Robert B Ford's Latest Holdings Summary section. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Robert Ford Net Worth The estimated Net Worth of Robert B Ford is at least Abbott Laboratories stock worth over $26,723,413 and over . The most recent insider tranaction occured on February, 22nd when SVP Julie L Tyler sold 260 shares worth more than $26,842.40. Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. As of 25 August 2022 he still owns at least 244,496 units of Abbott Laboratories stock. The most active insiders traders include Miles D White, Richard A Gonzalez, and Jeffrey M Leiden. SENIOR VICE PRESIDENT Christopher J. Abbott Laboratories' insider roster includes Hubert Allen (Insider), Roxanne Austin (Director), Roger Bird (SVP), Brian Blaser (Insider), Philip Boudreau (VP), Sharon Bracken (Insider), John Capek (EVP), Jaime Contreras (SVP), Michael Dale (SVP), Lisa Earnhardt (EVP), Robert Ford (Chairman), Robert Ford (CEO), Robert Funck (CFO), Stephen Fussell (EVP), John Ginascol (EVP), Sammy Karam (SVP), Michelle Kumbier (Director), Andrew Lane (EVP), Joseph Manning (SVP), Nancy Mckinstry (Director), Mary Moreland (EVP), Louis Morrone (SVP), Phebe Novakovic (Director), Michael Pederson (SVP), Daniel Salvadori (EVP), Christopher Scoggins (SVP), Daniel Starks (Director), Julie Tyler (SVP), Andrea Wainer (EVP), Jared Watkin (SVP), Miles White (Chairman), Randel Woodgrift (SVP), and Brian Yoor (CFO). Other key executives at Abbott Laboratories include Learn More on Abbott Laboratories' active insiders. There are 1 executives at Abbott Laboratories getting paid more, with MilesWhite having the highest compensation of $27,802,800. Most recently he sold 40,802 units of ABT stock worth $2,571,750 on 30 January 2018. . Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. The company was founded by Wallace Calvin Abbott in 1900 and is headquartered in Abbott Park, IL. The Established Pharmaceutical Products segment refers to the international sales of a line of branded generic pharmaceutical products. Owen is the father of three children two sons and a daughter. Of this total $1,482,692 was received as a salary, $3,168,400 was received as a bonus, $8,689,978 was received in stock options, $8,689,294 was awarded as stock and $129,179 came from other types of compensation. There are 1 executives at Abbott Laboratories getting paid more, with MilesWhite having the highest compensation of $27,802,800. On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. GuruFocus.com is not operated by a broker or a dealer. She is known for her roles as Corky Sherwood on the CBS sitcom Murphy Brown, for which she received five Primetime Emmy Award nominations, [1] and as Hope Shanowski on the ABC sitcom Hope & Faith . Above is the net worth, insider trading, and ownership report for Robert B Ford. and What is Robert B. Ford's salary? Owen's Kids Are Not Allowed To Smoke. Abbott is a global healthcare leader that helps people live more fully at all stages of life. The information shown here is a reporting of information included in the company's proxy statement. . Chicago, IL 60601 Robert Sengstacke Abbott (December 24, 1870 - February 29, 1940) was an American lawyer, newspaper publisher and editor. The Medical Devices segment includes electrophysiology, heart failure, vascular and structural heart devices for the treatment of cardiovascular diseases, and diabetes care products for people with diabetes, as well as neuromodulation devices for the management of chronic pain and movement disorders. How much does Robert Ford of Abbott make? It's unclear exactly how much the situation could affect Abbotts bottom line. Abbott is a global healthcare leader that helps people live more fully at all stages of life. Billions could be poured into exploration companies searching for new U.S. deposits. Learn More about insider trades at Abbott Laboratories. Fundamental company data provided by Morningstar, updated daily. Mr. Ford earned a bachelor's degree from Boston College and a master's degree in business administration from UC Berkeley, Haas School of Business. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. But he collected the same $1.9 million . Learn More on Robert B. Ford's contact information. Information on this page was last updated on 2/22/2023. Other recent insider transactions involving Abbott Laboratories (ABT) include [12], On December 10, 2021, Ford was elected as chairman of the board for Abbott.[13]. Our 109,000 colleagues serve people in more than 160 countries. Abbott CEO Robert Ford 'sorry,' vows to supply 'more baby formula than before recall' By Dean Balsamini May 21, 2022 6:17pm Updated Robert Ford, CEO of of Abbott Laboratories, said in. Robert B Ford owns about 339,474 units of Abbott. Mr. Ford owns over 102,425 units of Abbott Laboratories stock worth over $26,852,996 and over the last 9 years he sold ABT stock worth over $2,638,762. On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. The largest trade he's ever made was exercising 102,425 units of Abbott Laboratories stock on 25 August 2022 worth over $4,121,582. E-mail oureditor Move Over Lithium 220 Pounds of Graphite In Every EV Battery. Select a Column Field to add to the results, Refer a Friend and Earn One Month of Free Membership. As the Chairman of Abbott Laboratories, Mr. Ford earned a total compensation package of $24,914,886.00 in 2021. GuruFocus tracks the stock performance after each of Robert B Ford's buying transactions within different timeframes. Information on this page was last updated on 2/22/2023. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. [1] He received a bachelor's degree from Boston College and an MBA in business administration from at Berkeley's Haas School of Business. Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. Putin's invasion of Ukraine has revealed the West's dependence on Russia for their energy needs. There are 40 older and 3 younger executives at Abbott Laboratories. Calamari Earlier this week, FDA inspectors said they found unsanitary conditions at the plant five months before the company recalled formulas. It operates through the following segments: Established Pharmaceutical Products, Nutritional Products, Diagnostic Products, and Medical Devices. Learn More about Robert B. Ford's net worth. . The most recent stock trade was executed by Julie L. Tyler on 17 February 2023, trading 260 units of ABT stock currently worth $26,842. Robert Ford Net Worth The estimated Net Worth of Robert B Ford is at least Abbott Laboratories stock worth over $5,790,426 and over the . It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. The estimated net worth of Robert B. Ford is at least $14.27 million as of August 25th, 2022. Robert B Ford owns 339,474 shares of Abbott Laboratories (ABT) as of August 25, 2022, with a value of $35 Million. ARLINGTON, Va., Oct. 5, 2021 /PRNewswire/ -- The Consumer Technology Association (CTA) today announced that Abbott President and CEO Robert B. Ford will deliver a . of 64,956 shares made by Andrea F Wainer Robert B. Ford is an American businessman and the thirteenth chief executive officer at Abbott Laboratories, a publicly-traded medical devices and health care company based in Abbott Park, Illinois. Missing Crain's in print? of 799,867 shares. Over the last 23 years, insiders at Abbott Laboratories have traded over $365,964,884 worth of Abbott Laboratories stock and bought 1,028,477 units worth $44,923,618 Abbott Laboratories engages in the discovery, development, manufacture, and sale of a broad and diversified line of health care products. Last updated: 22 February 2023 at 6:54pm EST. Robert Ford is 46, he's been the President, Chief Executive Officer y Director of Abbott Laboratories since 2020. You may also find the annual proxy statement by going directly to the company's website. the total compensation of Mr Ford at Abbott Laboratories is $5,051,334. . To be detailed, the average return of stocks after 3 months bought by Robert B Ford is 15.4%. Of this total $1,482,692 was received as a salary, $3,168,400 was received as a bonus, $8,689,978 was received in stock options, $8,689,294 was awarded as stock and $129,179 came from other types of compensation. The Established Pharmaceutical Products segment refers to the international sales of a line of branded generic pharmaceutical products. This article about a United States businessperson is a stub. Faith Alexis Ford is an American actress. Share. Previously, he served as President and Chief Operating Officer; and as Executive Vice President, Medical Devices, leading Abbotts Diabetes Care, Cardiovascular and Neuromodulation businesses. . There are 40 older and 3 younger executives at Abbott Laboratories. Past performance is a poor indicator of future performance. The estimated net worth of Robert B. Ford is at least $14.45 million as of August 25th, 2022. Robert Ford Net Worth The estimated Net Worth of Robert B Ford is at least $41.4 Million dollars as of 25 August 2022. But America hasn't produced any graphite since the 1950s. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. He will become the 13th CEO in the company's 131-year history. Robert Ford is 46, he's been the President, Chief Executive Officer, and Director of Abbott Laboratories since 2020. Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. Products include pacemakers, implantable cardioverter defibrillators, neuromodulation devices, coronary stents, catheters, infant formula, nutritional liquids for adults, molecular diagnostic platforms, and immunoassays and point-of-care diagnostic equipment. Mr. Ford earned a salary of $1,482,692.00, stock awards of $8,689,294.00, options awards of $8,689,978.00, non-equity compensation of $3,168,400.00, and other compensation of $129,179.00. Now, dozens of class-action lawsuits have been filed against Abbott by parents of babies who were made ill from the companys formulas. Ford arrived with Abbott having gathered no less than five CES 2022 Innovation Awards and also in the wake of the company's heady 2021 year of achievement, which included FDA approvals for its innovations and, not . Gurus may be added or dropped from the GuruFocus site at any time. According to the SEC Form 4 filings, Robert B Ford has made a total of Robert Ford Net Worth The estimated Net Worth of Robert B Ford is at least Abbott Laboratories stock worth over $5,687,137 and over the . As of 25 August 2022 he still owns at least 244,496 units of Abbott Laboratories stock. Robert Nottingham. [5], On March 31, 2020, Ford became the chief executive officer of Abbott Laboratories, elected unanimously by the company's board. Abbott Laboratories can also be reached via phone at (224) 667-6100. The estimated net worth of Robert B Ford is at least $35 Million dollars as of 2023-03-01. SENIOR VICE PRESIDENT Louis H. Morrone Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. Learn More about insider trades at Abbott Laboratories. Robert B. Ford is an American businessman and the thirteenth chief executive officer at Abbott Laboratories, a publicly-traded medical devices and health care company based in Abbott Park, Illinois. sale Abbott manufactures and markets medical devices, adult and pediatric nutritional products, diagnostic equipment and testing kits, and branded generic drugs. stock. As the CEO of Abbott Laboratories, Mr. Ford earned a total compensation package of $24,914,886.00 in 2021. Abbott Laboratories (ABT)'s detailed insider trading history can be found in Insider Trading Tracker table. Abbott founded The Chicago Defender in 1905, which grew to have the highest circulation of any black-owned newspaper in the country. Robert B. Ford Net Worth Mr. Robert B. Ford biography. The most recent stock trade was executed by Julie L. Tyler on 17 February 2023, trading 260 units of ABT stock currently worth $26,842. . sale As the Chairman and Pres & CEO of Abbott Laboratories, the total compensation of Mr Ford at Abbott Laboratories is $5,051,334. [8], At the beginning of the COVID-19 pandemic, Ford led the company's COVID-19 testing development and distribution. Thorough reviews have been conducted to assure this data accurately reflects disclosures. Click here to get the full experience on your screen. Robert is currently 12 years old. no insider transaction in Abbott Laboratories (ABT). See Why Investors Are So Excited About This. Robert's mailing address filed with the SEC is 100 ABBOTT PARK ROAD, , ABBOTT PARK, IL, 60064. Print. As a result, the site may contain information on pharmaceuticals, medical devices and other products or uses of those products that are not approved in other countries or regions. 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