Learn More on Robert B. Ford's salary. Robert B. Ford serves as President, Chief Executive Officer, Director of the Company. Chart Data in Insider Trading History Table. Previously, he served as President and Chief Operating Officer; and as Executive Vice President, Medical Devices, leading Abbotts Diabetes Care, Cardiovascular and Neuromodulation businesses. Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. a net Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. 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. The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. Abbott named current COO Robert Ford its new CEO Wednesday, ushering in the first new chief executive in 21 years. Abbott is a global healthcare leader that helps people live more fully at all stages of life. Information on this page was last updated on 2/22/2023. Mr. Ford owns over 102,425 units of Abbott Laboratories stock worth over $24,562,068 and over the last 9 years he sold ABT stock worth over $2,638,762. The most recent insider tranaction occured on February, 22nd when SVP Julie L Tyler sold 260 shares worth more than $26,842.40. 102,425 shares on August 25, 2022, which On average, Robert trades about 5,882 units every 58 days since 2014. Details can be seen in Robert B Ford's Latest Holdings Summary section. Our 109,000 colleagues serve people in more than 160 countries. 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. 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 Now, dozens of class-action lawsuits have been filed against Abbott by parents of babies who were made ill from the companys formulas. Details can be seen in Robert B Ford's Latest Holdings Summary section. The most active insiders traders include Miles D White, Richard A Gonzalez, and Jeffrey M Leiden. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. . "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. E-mail oureditor He is very close to his sons Finn and Robert Ford. Fords base compensation was $1.48 million, up from $1.29 million in 2020. He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. Robert B. Ford Net Worth Mr. Robert B. Ford biography Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. [9][10] Ford said he considers Abbott's BinaxNOW test to be a model, setting a trend for rapid point-of-care testing after the coronavirus pandemic for ailments such as influenza, sexually transmitted diseases, and hepatitis. Learn More on Abbott Laboratories' active insiders. Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. 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. Information on this page was last updated on 2/22/2023. Get notified the next time Robert B. Ford buys or sells Abbott Laboratories stock. 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 . Robert B Ford around $11 Million. Transaction Summary of Robert B Ford He will become the 13th CEO in the company's 131-year history. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. 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. The Most Powerful Women In Chicago Business. The estimated Net Worth of Robert B Ford is at least $39.1 Million dollars as of 25 August 2022. RANK89. This investment adviser does not provide advice to individual investors. You can see the complete history of Mr. Ford stock trades at the bottom of the page. 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 Abbott's Chairman of the Board and Chief Executive Officer. 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. Western countries are now scrambling for stable, renewable energy. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. 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. Abbott founded The Chicago Defender in 1905, which grew to have the highest circulation of any black-owned newspaper in the country. On this episode of Yahoo Finance Presents, Abbott President & CEO Robert Ford, sat down with Yahoo Finance's Anjalee Khemlani to discuss Abbott's upcoming keynote address at CES 2022 and COVID-19 test pricing and supply chain challenges. 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. [5], On March 31, 2020, Ford became the chief executive officer of Abbott Laboratories, elected unanimously by the company's board. 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. 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. brought Fords pay is 254 times higher than that of Abbotts median employee, which was $97,952 in 2021, according to the filing. On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. His latest promotion: Chief Executive Officer at Abbott, a global diversified healthcare company. Based on ownership reports from SEC filings, as the reporting owner, Robert B Ford owns 1 companies in total, including 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 The most-recent trade in Abbott Laboratories is the On average, Robert trades about 5,882 units every 58 days since 2014. Chicago, IL 60601 Last updated: 22 February 2023 at 6:54pm EST. Enter your email address below to get our daily insider buying and selling report. 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. Mr. Ford owns 142,071 shares of Abbott Laboratories stock worth more than $14,451,462 as of March 1st. Russia Ignites West's Battle for Energy Independence. . Past performance is a poor indicator of future performance. Only the transactions in Open Market or Private Sale at the market prices are included. The rest of his pay was made up of more than $17 million in stock options and stock awards, about $3.16 million in cash bonuses and $2.7 million in pension earnings. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. Over the past 18 months, 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 There are 6 executives at Abbott Laboratories getting paid more, with MilesWhite having the highest compensation of $27,802,800. Our 109,000 colleagues serve people in more than 160 countries. the CHAIRMAN AND CEO of Abbott Laboratories and owns about 339,474 shares of Abbott Laboratories (ABT) stock worth over $35 Million. Learn More about Robert B. Ford's net worth. As the President, Chief Executive Officer y Director of Abbott Laboratories, the total compensation of Robert Ford at Abbott Laboratories is $11,897,900. Robert Ford is 46, he's been the President, Chief Executive Officer, and Director of Abbott Laboratories since 2020. of 118,550 shares made by Salvadori Daniel Gesua Sive You can see the complete history of Mr. Ford stock trades at the bottom of the page. How much does Robert Ford of Abbott make? This chart shows Robert B Ford's buying and selling at Abbott Laboratories by year and by quarter. 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. Print. 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. He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. Abbott Laboratories engages in the discovery, development, manufacture, and sale of a broad and diversified line of health care products. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. [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. The FDA says two deaths have so far been linked to contaminated Abbott formula. [11] In April 2020, Chief Executive recognized Ford for Abbott's response to accessibility for testing. Within two months, he had erased the "vice" to become president of the division. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. 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. Learn More on Robert B. Ford's trading history. SENIOR VICE PRESIDENT Christopher J. [2] 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 The & quot ; to become President of the Abbott Laboratories is SamuelScott 75. Enter your email address below to get our daily insider buying and selling at Abbott, global! See the complete history of Mr. Ford owns 142,071 shares of Abbott Laboratories stock, manufacture, and Jeffrey Leiden! Learn more about Robert B. 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