There are 1 executives at Abbott Laboratories getting paid more, with MilesWhite having the highest compensation of $27,802,800. Fords pay is 254 times higher than that of Abbotts median employee, which was $97,952 in 2021, according to the filing. 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). 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. Most recently he sold 40,802 units of ABT stock worth $2,571,750 on 30 January 2018. . Abbott is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement of the linked site by Abbott. Abbott Laboratories (ABT)'s detailed insider trading history can be found in Insider Trading Tracker table. Abbott named current COO Robert Ford its new CEO Wednesday, ushering in the first new chief executive in 21 years. 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. Miles White, who was Abbotts CEO from 1999 until 2020, remained with the company as executive chairman until the end of 2021. Get notified the next time Robert B. Ford buys or sells Abbott Laboratories stock. 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. . Western countries are now scrambling for stable, renewable energy. 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 . On average, Robert trades about 5,882 units every 58 days since 2014. and stock awards worth $12 million under a long-term incentive plan covering the three-year period ended in 2019. His latest promotion: Chief Executive Officer at Abbott, a global diversified healthcare company. Robert B Ford made Other transactions such as conversion of derivative security or exercise of options are not included. During the last year, insiders at the healthcare product maker sold shares 13 times. Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. 130 E. Randolph St. [2], Ford joined Abbott in 1996 within its diabetes care business, later heading the company's medical device businesses, and Abbott's integration of St. Jude Medical in 2017, its largest acquisition at the time. Robert is currently 12 years old. Abbott is a global healthcare leader that helps people live more fully at all stages of life. On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. Abbott Laboratories leveled up on this year's Fortune 500 list, leaping from last year's rank of 104 to No. the total compensation of Mr Ford at Abbott Laboratories is $5,051,334. He pulled Abbott's scientists and manufacturing teams off their projects to work on four teams, each focused on specific tests. This chart shows Mr. Robert B. Ford's buying and selling at Abbott Laboratories by year and by quarter. [8], At the beginning of the COVID-19 pandemic, Ford led the company's COVID-19 testing development and distribution. Robert B. Ford serves as President, Chief Executive Officer, Director of the Company. Robert B. Ford Net Worth Mr. Robert B. Ford biography. As Chairman of the Board and Chief Executive Officer at ABBOTT LABORATORIES, Robert B. Ford made $22,159,543 in total compensation. 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. As the Chairman of Abbott Laboratories, Mr. Ford earned a total compensation package of $24,914,886.00 in 2021. Suite 3200 Robert's mailing address filed with the SEC is 100 ABBOTT PARK ROAD, , ABBOTT PARK, IL, 60064. Our 109,000 colleagues serve people in more than 160 countries. Chairman of the Board and Chief Executive Officer. He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. of Calamari The most-recent trade in Abbott Laboratories is the The estimated net worth of Robert B. Ford is at least $14.45 million as of August 25th, 2022. Previously, he served as President and Chief Operating Officer; and as Executive Vice President, Medical Devices, leading Abbotts Diabetes Care, Cardiovascular and Neuromodulation businesses. In addition, he makes $11,897,900 as President, Chief Executive Officer, and Director at Abbott Laboratories. 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). Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. But the bigger risk would have been not having these tests to fight the pandemic. Chicago, IL 60601 A bacteria called cronobacter sakazakii has been linked to baby powder formulas manufactured at the plant, which have led to complaints of babies becoming ill. 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. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. In addition, he makes $11,897,900 as President, Chief Executive Officer, and Director at Abbott Laboratories. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. The company was founded by Wallace Calvin Abbott in 1900 and is headquartered in Abbott Park, IL. Here's who topped Crain's latest lists of highest-paid execs, Motorola Solutions' Greg Brown is cashing in some of his chips, Target and Solo Cup are opening huge warehouses in the southwest suburbs, Widow of Richard Duchossois selling Inverness home, Four ways to get Michael Jordan's mansion sold at last, State Farm posts record $6.7 billion loss as inflation takes a toll, Walgreens Boots Alliance plans partial HQ sale. The Nutritional Products segment caters to the worldwide sales of adult and pediatric nutritional products. "Robert Ford, our President and CEO, discusses how the intense timelines and the sheer volume of tests the world needed called for big, bold moves. He is very close to his sons Finn and Robert Ford. 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. There are no executives at Abbott Laboratories getting paid more. Robert B. Ford Net Worth Mr. Robert B. Ford biography Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. Coronavirus Tips Working and Protection. Robert has made over 4 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. The Established Pharmaceutical Products segment refers to the international sales of a line of branded generic pharmaceutical products. Combined, the North Chicago-based company paid more than $40 million in 2021 for the services of Ford and White. 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. 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 . 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. a net Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. sale As of 25 August 2022 he still owns at least 244,496 units of Abbott Laboratories stock. Based on ownership reports from SEC filings, as the reporting owner, Robert B Ford owns 1 companies in total, including and Other key executives at Abbott Laboratories include See Why Investors Are So Excited About This. The U.S. invoked the Defense Production Act to jumpstart domestic mining and production of critical minerals such as cobalt, lithium, and rare earths, which the U.S. desperately needs for its military and green tech. 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. Print. Abbotts Similac Advance product accounted for 21% of the powdered infant formula market share in 2016, according to one of the suits. You can see the complete history of Mr. Ford stock trades at the bottom of the page. , The U.S. invoked the Defense Production Act to jumpstart domestic mining and production of critical minerals such as cobalt, lithium, and rare earths, which the U.S. desperately needs for its military and green tech. 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. Enter your email address below to get our daily insider buying and selling report. Mr Ford is 47, he's been the Chairman and Pres & CEO of Abbott Laboratories since . On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. . According to the SEC Form 4 filings, Robert B Ford has made a total of Robert B. Ford serves as President, Chief Executive Officer, Director of the Company. Details can be seen in Robert B Ford's Latest Holdings Summary section. of 15,460 shares. 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. 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. stock. 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. Billions could be poured into exploration companies searching for new U.S. deposits. 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. 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 . E-mail oureditor It operates through the following segments: Established Pharmaceutical Products, Nutritional Products, Diagnostic Products, and Medical Devices. Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. Last updated: 22 February 2023 at 6:54pm EST. This report is not for commercial use. Learn More on Robert B. Ford's trading history. The decline was due to lower stock options and stock awards, cash bonuses and pension earnings, but Whites base salary remained consistent over all three years at $1.9 million. The estimated net worth of Robert B Ford is at least $35 Million dollars as of 2023-03-01. As of 25 August 2022 he still owns at least 244,496 units of Abbott Laboratories stock. the CHAIRMAN AND CEO of Abbott Laboratories and owns about 339,474 shares of Abbott Laboratories (ABT) stock worth over $35 Million. He subsequently held various positions of increasing responsibility for Abbott's Diagnostics, Nutrition and Diabetes Care businesses. 89. . The Established Pharmaceutical Products segment refers to the international sales of a line of branded generic pharmaceutical products. Abbott manufactures and markets medical devices, adult and pediatric nutritional products, diagnostic equipment and testing kits, and branded generic drugs. Abbott founded The Chicago Defender in 1905, which grew to have the highest circulation of any black-owned newspaper in the country. 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. He joined Abbott's Diagnostics division in 1996 as a Business Unit Manager in Diabetes Care. 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. SENIOR VICE PRESIDENT Christopher J. Abbott did not respond to a request for comment. 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. ( m. 1998) . 102,425 shares on August 25, 2022, which There are 6 executives at Abbott Laboratories getting paid more, . of 799,867 shares. The estimated net worth of Robert B. Ford is at least $14.27 million as of August 25th, 2022. . Chicago, Illinois Robert Ford's listing in the Class of 2015 student directory identified him as vice president, Abbott Diabetes Care. Abbott Laboratories engages in the discovery, development, manufacture, and sale of a broad and diversified line of health care products. and The Diagnostic Products segment markets diagnostic systems and tests for blood banks, hospitals, commercial laboratories, and alternate-care testing sites. The most active insiders traders include Miles D White, Richard A Gonzalez, and Jeffrey M Leiden. Learn More on Abbott Laboratories' active insiders. To be detailed, the average return of stocks after 3 months bought by Robert B Ford is 15.4%. The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. Learn More about insider trades at Abbott Laboratories. Learn More on Abbott Laboratories' active insiders. During the last year, insiders at the healthcare product maker sold shares 13 times. The most active insiders traders include Miles D White, Richard A Gonzalez, and Jeffrey M Leiden. Learn More on Robert B. Ford's trading history. Details can be seen in Robert B Ford's Latest Holdings Summary section. Earlier this week, FDA inspectors said they found unsanitary conditions at the plant five months before the company recalled formulas. As of 25 August 2022 he still owns at least 244,496 units of Abbott Laboratories stock. , The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Mr. Ford owns over 102,425 units of Abbott Laboratories stock worth over $25,112,184 and over the last 9 years he sold ABT stock worth over $2,638,762. , a net of 150,000 shares made by Daniel J Starks Following is the unofficial transcript of a CNBC interview with Abbott President & CEO Robert Ford and CNBC's Host of "Mad Money w/ Jim Cramer" & Co-Anchor of "Squawk on the Street" Jim Cramer . As the Chairman and Pres & CEO of Abbott Laboratories, the total compensation of Mr Ford at Abbott Laboratories is $5,051,334. ABBOTT LABORATORIES annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. You might contact Robert B Ford via mailing address: 100 Abbott Park Road, Ap6a-2, D-032l, Abbott Park Il 60064-6092. Robert Ford, left, and Miles White. . Faith Alexis Ford is an American actress. 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 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. The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. Putin's invasion of Ukraine has revealed the West's dependence on Russia for their energy needs. Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. Campion Murphy. 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 . Learn More on Robert B. Ford's contact information. View saved articles. . The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. Senior Vice President Fernando Mateus On average, Robert trades about 5,882 units every 58 days since 2014. Enter your email address below to get our daily insider buying and selling report. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. The most recent insider tranaction occured on February, 22nd when SVP Julie L Tyler sold 260 shares worth more than $26,842.40. Abbott is a global healthcare leader that helps people live more fully at all stages of life. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. Thorough reviews have been conducted to assure this data accurately reflects disclosures. Abbott is also one of the world's top five baby formula vendors, which include Nestle and Danone, according to Bloomberg. Last updated: 1 February 2023 at 11:00am EST. GuruFocus tracks the stock performance after each of Robert B Ford's buying transactions within different timeframes. He joined Abbott's Diagnostics division in 1996 as a Business Unit Manager in Diabetes Care. Robert B. Ford is on the board of California Biomedical Innovation Alliance and President, CEO, Chief Operating Officer & Director at Abbott Laboratories and Executive Vice President-Medical Devices at Abbott Diabetes Care, Inc. Mr. Ford previously occupied the position of Manager-Diagnostics Business Unit at Abbott Laboratrios do Brasil Ltda. Markets; Tools Portfolios. Now, dozens of class-action lawsuits have been filed against Abbott by parents of babies who were made ill from the companys formulas. The estimated Net Worth of Robert B Ford is at least $39.1 Million dollars as of 25 August 2022. Learn More on Robert B. Ford's salary. Our 109,000 colleagues serve people in more than 160 countries. sale This article about a United States businessperson is a stub. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Text size. Learn More on Robert B. Ford's trading history. [12], On December 10, 2021, Ford was elected as chairman of the board for Abbott.[13]. 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. 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. The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. You can see the complete history of Mr. Ford stock trades at the bottom of the page. The Diagnostic Products segment markets diagnostic systems and tests for blood banks, hospitals, commercial laboratories, and alternate-care testing sites. Robert B. Ford Net Worth Mr. Robert B. Ford biography. Abbott Laboratories can also be reached via phone at (224) 667-6100. Russia Ignites West's Battle for Energy Independence. What is Robert B. Ford's salary? The information shown here is a reporting of information included in the company's proxy statement. Mr. Ford owns 142,071 shares of Abbott Laboratories stock worth more than $14,272,453 as of February 25th. 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 Click here to get the full experience on your screen. His father's net worth is $70 Million. . All Rights Reserved. They sold a total of 345,468 shares worth more than $36,920,834.37. The most active insiders traders include Miles D White, Richard A Gonzalez y Jeffrey M Leiden. #HealthyReturns" 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. Transaction Summary of Robert B Ford The gurus listed in this website are not affiliated with GuruFocus.com, LLC. On this Wikipedia the language links are at the top of the page across from the article title. The Most Powerful Women In Chicago Business. On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. The estimated Net Worth of Robert B Ford is at least $39.3 Million dollars as of 25 August 2022. Insiders are limited to only officers and/or directors of the company. He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. He joined Abbott's Diagnostics division in 1996 as a Business Unit Manager in Diabetes Care. Robert Nottingham. It's unclear exactly how much the situation could affect Abbotts bottom line. 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. 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. As the Chairman and Pres & CEO of Abbott Laboratories, the total compensation of Mr Ford at Abbott Laboratories is 5,051,334. Mr. Ford owns over 102,425 units of Abbott Laboratories stock worth over $24,730,770 and over the last 9 years he sold ABT stock worth over $2,638,762. The website that you have requested also may not be optimized for your screen size. 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. Share. Robert has made over 4 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. You can help Wikipedia by expanding it. There are 40 older and 3 younger executives at Abbott Laboratories. His 2021 pay was down from $18.8 million in 2020 and $24.67 million in 2019. Learn More on Robert B. Ford's salary. Investors constantly hear that lithium is the key to powering our transition to electric vehicles and clean energy. sale [2] Get notified the next time Robert B. Ford buys or sells Abbott Laboratories stock. 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. But he collected the same $1.9 million . Sponsored Content: Global Tax Rules Take Shape Whats Next for Multinational Companies? White will step down as CEO March 31, 2020, after a tenure that saw the company's acquisitions . Truth is, switching from gas-powered isn't possible without massive amounts of graphite. a net Most recently he sold 40,802 units of ABT stock worth $2,571,750 on 30 January 2018. . Our 109,000 colleagues serve people in more than 160 countries. . [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's mailing address filed with the SEC is 100 ABBOTT PARK ROAD, , ABBOTT PARK, IL, 60064. 2004-2023 GuruFocus.com, LLC. Learn More about Robert B. Ford's net worth. Source: Pinterest Age And Net Worth . 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. This net worth estimate does not reflect any other investments that Mr. Ford may own. In addition, he makes $11,897,900 as President, Chief Executive Officer y Director at Abbott Laboratories. Robert B Ford is the CHAIRMAN AND CEO of Abbott Laboratories and owns about 339,474 shares of Abbott Laboratories (ABT) stock worth over $34 Million . Robert B Ford is the Senior Vice President of Abbott Laboratories. There are 40 older and 3 younger executives at Abbott Laboratories. brought He subsequently held various positions of increasing responsibility for Abbott's Diagnostics, Nutrition and Diabetes Care businesses. Chairman and Chief Executive Officer Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. 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. How much does Robert Ford of Abbott make? 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. 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. The current estimated net worth of Abbott Laboratories's CHAIRMAN AND CEO, Robert B Ford, is estimated to be about $32.44M . Oct 05, 2021, 11:00 ET. [11] In April 2020, Chief Executive recognized Ford for Abbott's response to accessibility for testing. What is the salary of Mr Ford? For certain executives Abbott did not respond to a request for comment have highest... At all stages of life 24.67 Million in 2020 and $ 24.67 Million in 2019 guaranteed for,. 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