For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. Move Over Lithium 220 Pounds of Graphite In Every EV Battery. Abbott Laboratories can also be reached via phone at (224) 667-6100. Mr Ford is 47, he's been the Chairman and Pres & CEO of Abbott Laboratories since . Learn More on Abbott Laboratories' active insiders. Abbott derives approximately 60% of sales outside the United States. , As the Chairman of Abbott Laboratories, Mr. Ford earned a total compensation package of $24,914,886.00 in 2021. Robert B Ford is 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 . During the past 18 months, 799,867 shares of Abbott Laboratories (ABT) were sold and 0 shares were bought by its insiders, resulting in a net He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our 109,000 colleagues serve people in more than 160 countries. sale [11] In April 2020, Chief Executive recognized Ford for Abbott's response to accessibility for testing. On this Wikipedia the language links are at the top of the page across from the article title. His 2021 pay was down from $18.8 million in 2020 and $24.67 million in 2019. 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. 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. of 15,460 shares. Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. 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. Details can be seen in Robert B Ford's Latest Holdings Summary section. As the CEO of Abbott Laboratories, Mr. Ford earned a total compensation package of $24,914,886.00 in 2021. Abbott Laboratories engages in the discovery, development, manufacture, and sale of a broad and diversified line of health care products. Above is the net worth, insider trading, and ownership report for Robert B Ford. What is the salary of Mr Ford? Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. It operates through the following segments: Established Pharmaceutical Products, Nutritional Products, Diagnostic Products, and Medical Devices. But America hasn't produced any graphite since the 1950s. "Abbott Labs veteran CEO White to step down next March", "Longtime Abbott Labs CEO Miles White to Step Down in March", "Medtech Giant Elects New CEO As 21-Year Veteran Steps Down", "Abbott CEO Miles White to step down in March", "Robert Ford named president, COO of Abbott", "Abbott beats revenue projections as sales outperform previous year", "Abbott CEO Miles D White To Step Down In 2020, Robert B Ford To Take Over", "Incoming Abbott CEO says not looking to do any deals", "Abbott Profits Rise As Covid-19 Diagnostic Sales Eclipse 400 Million Tests", "Abbott Went All In on Covid Tests, And It's Just Getting Started", "CEO of the Week: Abbott Laboratories CEO Robert B. Ford", "Abbott's Miles White retires as executive chairperson", https://en.wikipedia.org/w/index.php?title=Robert_B._Ford&oldid=1136426046, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 30 January 2023, at 07:14. Enter your email address below to get our daily insider buying and selling report. The Diagnostic Products segment markets diagnostic systems and tests for blood banks, hospitals, commercial laboratories, and alternate-care testing sites. Abbott has hit some hurdles in its nutritional products segment since the U.S. Food & Drug Administration and the U.S. Centers for Disease Control & Prevention opened an investigation in February into the companys production of baby powder formulas at a Sturgis, Mich., manufacturing plant. Learn More on Robert B. Ford's contact information. SENIOR VICE PRESIDENT Christopher J. Text size. You can see the complete history of Mr. Ford stock trades at the bottom of the page. Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. Gurus may be added or dropped from the GuruFocus site at any time. Miles White, who was Abbotts CEO from 1999 until 2020, remained with the company as executive chairman until the end of 2021. Learn More about insider trades at Abbott Laboratories. Learn More on Robert B. Ford's contact information. You can see the complete history of Mr. Ford stock trades at the bottom of the page. Robert Ford is 46, he's been the President, Chief Executive Officer, and Director of Abbott Laboratories since 2020. sale Putin's invasion of Ukraine has revealed the West's dependence on Russia for their energy needs. Robert B. Ford serves as President, Chief Executive Officer, Director of the Company. Last updated: 22 February 2023 at 6:54pm EST. Links which take you out of Abbott worldwide websites are not under the control of Abbott, and Abbott is not responsible for the contents of any such site or any further links from such site. 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. GuruFocus also compares Robert B Ford's trading performance to market benchmark return within the same time period. He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. The website that you have requested also may not be optimized for your screen size. Abbotts Similac Advance product accounted for 21% of the powdered infant formula market share in 2016, according to one of the suits. Billions could be poured into exploration companies searching for new U.S. deposits. 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. of 799,867 shares. 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. 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. Last updated: 1 February 2023 at 11:00am EST. 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). of 150,000 shares made by Daniel J Starks The estimated net worth of Robert B Ford is at least $34 Million dollars as of 2023-02-25. Abbott Laboratories can also be reached via phone at (224) 667-6100. Robert has made over 4 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. Oct 05, 2021, 11:00 ET. 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 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. Learn More on Robert B. Ford's contact information. Sponsored Content: Global Tax Rules Take Shape Whats Next for Multinational Companies? sale Fundamental company data provided by Morningstar, updated daily. Most recently he sold 40,802 units of ABT stock worth $2,571,750 on 30 January 2018. . 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. 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 . The Diagnostic Products segment markets diagnostic systems and tests for blood banks, hospitals, commercial laboratories, and alternate-care testing sites. a net On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. How much does Robert Ford of Abbott make? Robert B Ford currently owns a total of 1 CEO Miles White will retain his title as executive chairman of the board. This information is according to proxy statements filed for the 2021 fiscal year. Robert B. Ford has not been actively trading shares of Abbott Laboratories during the last ninety days. 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. Learn More on Robert B. Ford's trading history. 1-877-812-1590, Veradigm says software glitch inflated revenue reports, Ascension nurses seek class-action status over unpaid wages, Pritzker launches children's behavioral health initiative. You can see the complete history of Mr. Ford stock trades at the bottom of the page. What is the salary of Mr Ford? Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. He is very close to his sons Finn and Robert Ford. Abbott named current COO Robert Ford its new CEO Wednesday, ushering in the first new chief executive in 21 years. , ARLINGTON, Va., Oct. 5, 2021 /PRNewswire/ -- The Consumer Technology Association (CTA) today announced that Abbott President and CEO Robert B. Ford will deliver a . Information on this page was last updated on 2/22/2023. Abbott recalled some of its formulasnotably its Similac line. 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. . See who is leading new copper discoveries and how. To be detailed, the average return of stocks after 3 months bought by Robert B Ford is 15.4%. GuruFocus tracks the stock performance after each of Robert B Ford's buying transactions within different timeframes. no insider transaction in Abbott Laboratories (ABT). The Most Powerful Women In Chicago Business. . [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. 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. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. [1] He received a bachelor's degree from Boston College and an MBA in business administration from at Berkeley's Haas School of Business. stock. 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.