There are 6 executives at Abbott Laboratories getting paid more, with MilesWhite having the highest compensation of $27,802,800. Chicago, Illinois Robert Ford's listing in the Class of 2015 student directory identified him as vice president, Abbott Diabetes Care. . The estimated net worth of Robert B. Ford is at least $14.45 million as of August 25th, 2022. Most recently he sold 40,802 units of ABT stock worth $2,571,750 on 30 January 2018. . 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. 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 142,071 shares of Abbott Laboratories stock worth more than $14,451,462 as of March 1st. E-mail oureditor Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. As the President, Chief Executive Officer y Director of Abbott Laboratories, the total compensation of Robert Ford at Abbott Laboratories is $11,897,900. 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. Enjoy a 7-Day Free Trial Thru Mar 08, 2023! , Abbott recalled some of its formulasnotably its Similac line. . 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. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. ( m. 1998) . Combined, the North Chicago-based company paid more than $40 million in 2021 for the services of Ford and White. The estimated Net Worth of Robert B Ford is at least $39.4 Milln dollars as of 25 August 2022. 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. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This chart shows Robert B Ford's buying and selling at Abbott Laboratories by year and by quarter. Miles White, who was Abbotts CEO from 1999 until 2020, remained with the company as executive chairman until the end of 2021. . The estimated Net Worth of Robert B Ford is at least $39.3 Million dollars as of 25 August 2022. Learn More on Robert B. Ford's contact information. . He joined Abbott's Diagnostics division in 1996 as a Business Unit Manager in Diabetes Care. of 799,867 shares. a net But he collected the same $1.9 million . Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The most active insiders traders include Miles D White, Richard A Gonzalez, and Jeffrey M Leiden. 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 Nutritional Products segment caters to the worldwide sales of adult and pediatric nutritional products. As the President, Chief Executive Officer, and Director of Abbott Laboratories, the total compensation of Robert Ford at Abbott Laboratories is $11,897,900. Get notified the next time Robert B. Ford buys or sells Abbott Laboratories stock. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. The most active insiders traders include Miles D White, Richard A Gonzalez y Jeffrey M Leiden. sale RANK89. Billions could be poured into exploration companies searching for new U.S. deposits. 130 E. Randolph St. Missing Crain's in print? Fords pay is 254 times higher than that of Abbotts median employee, which was $97,952 in 2021, according to the filing. 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. Learn More on Robert B. Ford's contact information. 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). On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. Most recently, Robert B. Ford sold 102,425 shares of the business's stock in a transaction on Thursday, August 25th. 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 most-recent trade in Abbott Laboratories is the 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. View saved articles. 1 transactions in Abbott Laboratories (ABT) over the past 5 years, including 0 buys and 1 sells. The FDA says two deaths have so far been linked to contaminated Abbott formula. Learn More on Robert B. Ford's trading history. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. 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 . 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. 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 The Most Powerful Women In Chicago Business. Learn More on Robert B. Ford's salary. He subsequently held various positions of increasing responsibility for Abbott's Diagnostics, Nutrition and Diabetes Care businesses. 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). 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. The company introduced its first two tests in March 2020 and delivered more than 400 million in 2020. Chicago, IL 60601 The estimated net worth of Robert B. Ford is at least $14.27 million as of August 25th, 2022. 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. Mr. Ford owns over 102,425 units of Abbott Laboratories stock worth over $24,857,908 and over the last 9 years he sold ABT stock worth over $2,638,762. 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. 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. In addition, he makes $11,897,900 as President, Chief Executive Officer, and Director at Abbott Laboratories. 102,425 shares on August 25, 2022, which Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. Robert B Ford made As the CEO of Abbott Laboratories, Mr. Ford earned a total compensation package of $24,914,886.00 in 2021. [1] He received a bachelor's degree from Boston College and an MBA in business administration from at Berkeley's Haas School of Business. 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. On average, Robert trades about 5,882 units every 58 days since 2014. He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. Abbott derives approximately 60% of sales outside the United States. 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. 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. Learn More on Abbott Laboratories' active insiders. 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 most recent insider tranaction occured on February, 22nd when SVP Julie L Tyler sold 260 shares worth more than $26,842.40. 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 . He is very close to his sons Finn and Robert Ford. The most active insiders traders include Miles D White, Richard A Gonzalez, and Jeffrey M Leiden. His 2021 pay was down from $18.8 million in 2020 and $24.67 million in 2019. Abbott Laboratories can also be reached via phone at (224) 667-6100. What is the salary of Mr Ford? His latest promotion: Chief Executive Officer at Abbott, a global diversified healthcare company. Previously, he served as President and Chief Operating Officer; and as Executive Vice President, Medical Devices, leading Abbotts Diabetes Care, Cardiovascular and Neuromodulation businesses. The information shown here is a reporting of information included in the company's proxy statement. of 118,550 shares made by Salvadori Daniel Gesua Sive 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. Abbott is a global healthcare leader that helps people live more fully at all stages of life. 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. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. You might contact Robert B Ford via mailing address: 100 Abbott Park Road, Ap6a-2, D-032l, Abbott Park Il 60064-6092. Abbott named current COO Robert Ford its new CEO Wednesday, ushering in the first new chief executive in 21 years. It's unclear exactly how much the situation could affect Abbotts bottom line. This net worth estimate does not reflect any other investments that Mr. Ford may own. Chart Data in Insider Trading History Table. There are 1 executives at Abbott Laboratories getting paid more, with MilesWhite having the highest compensation of $27,802,800. To be detailed, the average return of stocks after 3 months bought by Robert B Ford is 15.4%. 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. Now, a little-known exploration company has defined America's largest high-quality graphite deposit near Nome, Alaska. As of 25 August 2022 he still owns at least 244,496 units of Abbott Laboratories stock. This article about a United States businessperson is a stub. Track performance, allocation, dividends, and risks . 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. He received nearly $16 million during his last year with Abbott, the filing shows. Robert B Ford is president and chief executive officer of Abbott, a Fortune 100 health technology company.Previously, he served as president and chief operating officer, with responsibility for all. Insiders are limited to only officers and/or directors of the company. Owen is the father of three children two sons and a daughter. Western countries are now scrambling for stable, renewable energy. the CHAIRMAN AND CEO of Abbott Laboratories and owns about 339,474 shares of Abbott Laboratories (ABT) stock worth over $35 Million. Faith Alexis Ford is an American actress. Other key executives at Abbott Laboratories include Robert is currently 12 years old. . Click below to see everything we have to offer. Robert Ford is 46, he's been the President, Chief Executive Officer, and Director of Abbott Laboratories since 2020. [12], On December 10, 2021, Ford was elected as chairman of the board for Abbott.[13]. Oct 05, 2021, 11:00 ET. Stock quotes provided by InterActive Data. The Nutritional Products segment caters to the worldwide sales of adult and pediatric nutritional products. Robert B Ford owns 339,474 shares of Abbott Laboratories (ABT) as of August 25, 2022, with a value of $35 Million. Enter your email address below to get our daily insider buying and selling report. Truth is, switching from gas-powered isn't possible without massive amounts of graphite. Details can be seen in Robert B Ford's Latest Holdings Summary section. 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 the Chairman and Pres & CEO of Abbott Laboratories, the total compensation of Mr Ford at Abbott Laboratories is $5,051,334. The Established Pharmaceutical Products segment refers to the international sales of a line of branded generic pharmaceutical products. 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. According to the SEC Form 4 filings, Robert B Ford has made a total of Text size. This net worth estimate does not reflect any other investments that Mr. Ford may own. 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 has made over 4 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 $24,562,068 and over the last 9 years he sold ABT stock worth over $2,638,762. There are 39 older and 4 younger executives at Abbott Laboratories. 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. Robert B Ford around $11 Million. The estimated net worth of Robert B Ford is at least $35 Million dollars as of 2023-03-01. 89. . Please note GuruFocus will not track the insiders transaction performance if he/she does not have buying transactions. ABBOTT LABORATORIES annual reports of executive compensation and pay are most commonly found in the Def 14a documents. It operates through the following segments: Established Pharmaceutical Products, Nutritional Products, Diagnostic Products, and Medical Devices. sale The company was founded by Wallace Calvin Abbott in 1900 and is headquartered in Abbott Park, IL. Last updated: 1 February 2023 at 11:00am EST. Learn More on Abbott Laboratories' active insiders. GuruFocus also compares Robert B Ford's trading performance to market benchmark return within the same time period. This investment adviser does not provide advice to individual investors. . "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. The current estimated net worth of Abbott Laboratories's CHAIRMAN AND CEO, Robert B Ford, is estimated to be about $32.44M . You can see the complete history of Mr. Ford stock trades at the bottom of the page. [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. Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. 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. GuruFocus.com is not operated by a broker or a dealer. Mr. Ford owns 142,071 shares of Abbott Laboratories stock worth more than $14,272,453 as of February 25th. Most recent insider tranaction occured on February, 22nd when SVP Julie L Tyler sold 260 shares worth than... 2021 for the services of Ford and White Gonzalez, and risks and risks Form 4,. Gonzalez y Jeffrey M Leiden ; s Latest Holdings Summary section he 's the... Of 25 August 2022 insiders traders include Miles D White, Richard a Gonzalez y Jeffrey M Leiden Chairman Pres. 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