All proxy statements are public filings made available to the general public by the SEC. 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. They sold a total of 345,468 shares worth more than $36,920,834.37. 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. As the Chairman and Pres & CEO of Abbott Laboratories, the total compensation of Mr Ford at Abbott Laboratories is $5,051,334. Details can be seen in Robert B Ford's Latest Holdings Summary section. ( m. 1989-1996) . 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. The company was founded by Wallace Calvin Abbott in 1900 and is headquartered in Abbott Park, IL. Print. Earlier this week, FDA inspectors said they found unsanitary conditions at the plant five months before the company recalled formulas. 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 proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. Over the past 18 months, 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 . The most active insiders traders include Miles D White, Richard A Gonzalez, and Jeffrey M Leiden. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. [3][4] He was named President and COO in October 2018. There are 6 executives at Abbott Laboratories getting paid more, . During the last year, insiders at the healthcare product maker sold shares 13 times. As of 25 August 2022 he still owns at least 244,496 units of Abbott Laboratories stock. Mr. Ford owns 142,071 shares of Abbott Laboratories stock worth more than $14,272,453 as of February 25th. 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 . [11] In April 2020, Chief Executive recognized Ford for Abbott's response to accessibility for testing. 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). He pulled Abbott's scientists and manufacturing teams off their projects to work on four teams, each focused on specific tests. He is very close to his sons Finn and Robert Ford. His father's net worth is $70 Million. The Nutritional Products segment caters to the worldwide sales of adult and pediatric nutritional products. The Established Pharmaceutical Products segment refers to the international sales of a line of branded generic pharmaceutical products. World leaders must find new sources of minerals, such as copper, essential to their transition to energy independence. On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. 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. His 2021 pay was down from $18.8 million in 2020 and $24.67 million in 2019. 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. Please be aware that the website you have requested is intended for the residents of a particular country or region, as noted on that site. There are 39 older and 4 younger executives at Abbott Laboratories. The most-recent trade in Abbott Laboratories is the GuruFocus tracks the stock performance after each of Robert B Ford's buying transactions within different timeframes. This report is not for commercial use. Abbott Laboratories (ABT)'s detailed insider trading history can be found in Insider Trading Tracker table. Robert B. Ford Net Worth Mr. Robert B. Ford biography Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. Robert B. Ford Net Worth Mr. Robert B. Ford biography. Mr. Ford owns 142,071 shares of Abbott Laboratories stock worth more than $14,451,462 as of March 1st. 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. The shares were sold at an average price of $105.10, for a transaction totalling $10,764,867.50. 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 $39.6 Million dollars as of 25 August 2022. 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. Get notified the next time Robert B. Ford buys or sells Abbott Laboratories stock. Chicago, IL 60601 He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. How much does Robert Ford of Abbott make? Robert Ford, left, and Miles White. . Learn More on Robert B. Ford's contact information. Last updated: 1 February 2023 at 11:00am EST. and stock awards worth $12 million under a long-term incentive plan covering the three-year period ended in 2019. Fords base compensation was $1.48 million, up from $1.29 million in 2020. In addition, he makes $11,897,900 as President, Chief Executive Officer, and Director at Abbott Laboratories. [8], At the beginning of the COVID-19 pandemic, Ford led the company's COVID-19 testing development and distribution. 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. Parents of Robert Ford Wilson. , Billions could be poured into exploration companies searching for new U.S. deposits. . Abbott Laboratories engages in the discovery, development, manufacture, and sale of a broad and diversified line of health care products. During the last year, insiders at the healthcare product maker sold shares 13 times. But the bigger risk would have been not having these tests to fight the pandemic. 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. sale Is Abbott a Fortune 500 company? . Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. Staying current is easy with Crain's news delivered straight to your inbox, free of charge. 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 . Owen is the father of three children two sons and a daughter. Insiders at Abbott Laboratories own 0.5% of the company. Abbott recalled some of its formulasnotably its Similac line. Learn More on Robert B. Ford's salary. 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. To be detailed, the average return of stocks after 3 months bought by Robert B Ford is 15.4%. Calamari a net 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. What is the salary of Mr Ford? . 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. Robert B. Ford has not been actively trading shares of Abbott Laboratories within the last three months. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. 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. Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. In summary, during the past 3 months, insiders sold 15,460 shares of Abbott Laboratories (ABT) in total and bought 0 shares, with a net Robert B. Ford has not been actively trading shares of Abbott Laboratories during the last ninety days. Robert B. Ford Net Worth Mr. Robert B. Ford biography. But he collected the same $1.9 million . 102,425 shares on August 25, 2022, which ABBOTT LABORATORIES annual reports of executive compensation and pay are most commonly found in the Def 14a documents. The information shown here is a reporting of information included in the company's proxy statement. Putin's invasion of Ukraine has revealed the West's dependence on Russia for their energy needs. He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. . What is Robert B. Ford's salary? Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. The company was founded by Wallace Calvin Abbott in 1900 and is headquartered in Abbott Park, IL. Oct 05, 2021, 11:00 ET. What is Robert B. Ford's salary? This information is according to proxy statements filed for the 2021 fiscal year. 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