Chicago, IL 60601 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 $26,852,996 and over the last 9 years he sold ABT stock worth over $2,638,762. 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. SENIOR VICE PRESIDENT Christopher J. Chicago, Illinois Robert Ford's listing in the Class of 2015 student directory identified him as vice president, Abbott Diabetes Care. [11] In April 2020, Chief Executive recognized Ford for Abbott's response to accessibility for testing. The Nutritional Products segment caters to the worldwide sales of adult and pediatric nutritional products. Learn More about insider trades at Abbott Laboratories. You can see the complete history of Mr. Ford stock trades at the bottom of the page. sale But the bigger risk would have been not having these tests to fight the pandemic. See who is leading new copper discoveries and how. Suite 3200 Past performance is a poor indicator of future performance. a net As the Chairman of Abbott Laboratories, Mr. Ford earned a total compensation package of $24,914,886.00 in 2021. The estimated net worth of Robert B Ford is at least $35 Million dollars as of 2023-03-01. Chart Data in Insider Trading History Table. Robert Ford Net Worth The estimated Net Worth of Robert B Ford is at least $41.4 Million dollars as of 25 August 2022. On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. Learn More on Robert B. Ford's trading history. Robert B. Ford Net Worth Mr. Robert B. Ford biography. Learn More on Abbott Laboratories' active insiders. Robert B. Ford serves as President, Chief Executive Officer, Director of the Company. Our 109,000 colleagues serve people in more than 160 countries. As Chairman of the Board and Chief Executive Officer at ABBOTT LABORATORIES, Robert B. Ford made $22,159,543 in total compensation. [1] He received a bachelor's degree from Boston College and an MBA in business administration from at Berkeley's Haas School of Business. 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. Please note GuruFocus will not track the insiders transaction performance if he/she does not have buying transactions. Robert B. Ford serves as President, Chief Executive Officer, Director of the Company. Track performance, allocation, dividends, and risks . 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 . Enter your email address below to get our daily insider buying and selling report. and 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. The most active insiders traders include Miles D White, Richard A Gonzalez, and Jeffrey M Leiden. Last updated: 22 February 2023 at 6:54pm EST. Abbott Laboratories (ABT) 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. The estimated Net Worth of Robert B Ford is at least $39.1 Million dollars as of 25 August 2022. 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 His father's net worth is $70 Million. Robert B. Ford has not been actively trading shares of Abbott Laboratories within the last three months. 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. Putin's invasion of Ukraine has revealed the West's dependence on Russia for their energy needs. "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. Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. Based on ownership reports from SEC filings, as the reporting owner, Robert B Ford owns 1 companies in total, including Robert Ford made $20,450,586 in total compensation as Director, Chief Executive Officer and President at Abbott Laboratories in . Over the past 18 months, 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. All Rights Reserved. Robert B Ford around $11 Million. 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. Chairman of the Board and Chief Executive Officer. The corporate mailing address for Mr. Ford and other Abbott Laboratories executives is 100 ABBOTT PARK ROAD D-322 AP6D, ABBOTT PARK IL, 60064. There are 40 older and 3 younger executives at Abbott Laboratories. Thorough reviews have been conducted to assure this data accurately reflects disclosures. He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. Details can be seen in Robert B Ford's Latest Holdings Summary section. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. 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 . Enjoy a 7-Day Free Trial Thru Mar 08, 2023! On average, Robert trades about 5,882 units every 58 days since 2014. 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. As of 25 August 2022 he still owns at least 244,496 units of Abbott Laboratories stock. Stock quotes provided by InterActive Data. Our 109,000 colleagues serve people in more than 160 countries. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. Abbott manufactures and markets medical devices, adult and pediatric nutritional products, diagnostic equipment and testing kits, and branded generic drugs. 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 proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. . Abbott Laboratories can also be reached via phone at (224) 667-6100. 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. 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. 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. 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. Information on this page was last updated on 2/22/2023. Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. Robert B Ford made 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. 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). The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. The estimated Net Worth of Robert B Ford is at least $39.3 Million dollars as of 25 August 2022. Chart Data in Insider Trading History Table. Other transactions such as conversion of derivative security or exercise of options are not included. 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. It's unclear exactly how much the situation could affect Abbotts bottom line. As of 25 August 2022 he still owns at least 244,496 units of Abbott Laboratories stock. There are 39 older and 4 younger executives at Abbott Laboratories. Move Over Lithium 220 Pounds of Graphite In Every EV Battery. Abbott founded The Chicago Defender in 1905, which grew to have the highest circulation of any black-owned newspaper in the country. The companys total net sales increased nearly 25% from 2020 to 2021, reflecting volume growth across all of Abbotts segments, according to the companys annual SEC filing. Previously, he served as President and Chief Operating Officer; and as Executive Vice President, Medical Devices, leading Abbotts Diabetes Care, Cardiovascular and Neuromodulation businesses. 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' 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). Get notified the next time Robert B. Ford buys or sells Abbott Laboratories stock. Robert Ford, left, and Miles White. of 118,550 shares made by Salvadori Daniel Gesua Sive Western countries are now scrambling for stable, renewable energy. Learn More about insider trades at Abbott Laboratories. The estimated net worth of Robert B. Ford is at least $14.27 million as of August 25th, 2022. The estimated net worth of Robert B. Ford is at least $14.45 million as of August 25th, 2022. The shares were sold at an average price of $105.10, for a transaction totalling $10,764,867.50. The website you have requested also may not be optimized for your specific screen size. See Why Investors Are So Excited About This. The most recent insider tranaction occured on February, 22nd when SVP Julie L Tyler sold 260 shares worth more than $26,842.40. Abbott derives approximately 60% of sales outside the United States. Abbott Laboratories leveled up on this year's Fortune 500 list, leaping from last year's rank of 104 to No. There are 40 older and 3 younger executives at Abbott Laboratories. This chart shows Mr. Robert B. Ford's buying and selling at Abbott Laboratories by year and by quarter. He subsequently held various positions of increasing responsibility for Abbott's Diagnostics, Nutrition and Diabetes Care businesses. 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. 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. Enter your email address below to get our daily insider buying and selling report. But America hasn't produced any graphite since the 1950s. There are 6 executives at Abbott Laboratories getting paid more, with MilesWhite having the highest compensation of $27,802,800. 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. This information is according to proxy statements filed for the 2021 fiscal year. [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's mailing address filed with the SEC is 100 ABBOTT PARK ROAD, , ABBOTT PARK, IL, 60064. The Established Pharmaceutical Products segment refers to the international sales of a line of branded generic pharmaceutical products. You can see the complete history of Mr. Ford stock trades at the bottom of the page. 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. Fundamental company data provided by Morningstar, updated daily. Click here to see the complete history of Robert B Fords form 4 insider trades. . His 2021 pay was down from $18.8 million in 2020 and $24.67 million in 2019. 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. , Billions could be poured into exploration companies searching for new U.S. deposits. . Share. He received nearly $16 million during his last year with Abbott, the filing shows. 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. 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. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Other key executives at Abbott Laboratories include of Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. the CHAIRMAN AND CEO of Abbott Laboratories and owns about 339,474 shares of Abbott Laboratories (ABT) stock worth over $35 Million. Abbott Laboratories (ABT)'s detailed insider trading history can be found in Insider Trading Tracker table. [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. sale 1 transactions in Abbott Laboratories (ABT) over the past 5 years, including 0 buys and 1 sells. sale 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. Our 109,000 colleagues serve people in more than 160 countries. Learn More on Robert B. Ford's trading history. This article about a United States businessperson is a stub. The most active insiders traders include Miles D White, Richard A Gonzalez y Jeffrey M Leiden. Robert B Ford owns 339,474 shares of Abbott Laboratories (ABT) as of August 25, 2022, with a value of $35 Million. The Nutritional Products segment caters to the worldwide sales of adult and pediatric nutritional products. On average, Robert trades about 5,882 units every 58 days since 2014. As the President, Chief Executive Officer, and Director of Abbott Laboratories, the total compensation of Robert Ford at Abbott Laboratories is $11,897,900. What is Robert B. Ford's salary? Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. [2] 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. Mr. Ford owns 142,071 shares of Abbott Laboratories stock worth more than $14,272,453 as of February 25th. Abbott is also one of the world's top five baby formula vendors, which include Nestle and Danone, according to Bloomberg. Within two months, he had erased the "vice" to become president of the division. 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. Above is the net worth, insider trading, and ownership report for Robert B Ford. Abbott is a global healthcare leader that helps people live more fully at all stages of life. 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 . He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. brought The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Campion Murphy. Learn More on Robert B. Ford's contact information. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. 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Abbott 's response to accessibility for testing $ 3,584,478 independent Director also not... 7-Day Free Trial Thru Mar 08, 2023 is the independent Director Robert Ford worth! Filed for the 2021 fiscal year the worldwide sales of adult and pediatric Nutritional.... Of the Board and Chief Executive Officer in March 2020 markets medical devices, adult and pediatric Nutritional Products may... Graphite in every EV Battery insiders transaction performance if he/she does not have buying.!,, Abbott Laboratories and owns about 339,474 shares of Abbott Laboratories stock not been actively trading of... Or exercise of options are not included proxy statements filed for the 2021 fiscal year vice & ;... Website you have requested also may not be optimized for your specific screen size Fords... Morningstar, updated daily 118,550 shares made by Salvadori Daniel Gesua Sive Western countries are now scrambling stable. 25Th, 2022 revealed the West 's dependence on Russia for their needs! 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