robert ford net worth abbott
Previously, he served as President and Chief Operating Officer; and as Executive Vice President, Medical Devices, leading Abbotts Diabetes Care, Cardiovascular and Neuromodulation businesses. He received nearly $16 million during his last year with Abbott, the filing shows. Earlier this week, FDA inspectors said they found unsanitary conditions at the plant five months before the company recalled formulas. Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. What is the salary of Mr Ford? 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 company says it also saw growth in its diagnostics and nutritional products segments. Thorough reviews have been conducted to assure this data accurately reflects disclosures. White will step down as CEO March 31, 2020, after a tenure that saw the company's acquisitions . Learn More on Abbott Laboratories' active insiders. The most-recent trade in Abbott Laboratories is the The information shown here is a reporting of information included in the company's proxy statement. Billions could be poured into exploration companies searching for new U.S. deposits. SENIOR VICE PRESIDENT Christopher J. Other recent insider transactions involving Abbott Laboratories (ABT) include Fundamental company data provided by Morningstar, updated daily. 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. During the last year, insiders at the healthcare product maker sold shares 13 times. Coronavirus Tips Working and Protection. Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. RANK89. You might contact Robert B Ford via mailing address: 100 Abbott Park Road, Ap6a-2, D-032l, Abbott Park Il 60064-6092. 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. . For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. 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. 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. On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. and The Established Pharmaceutical Products segment refers to the international sales of a line of branded generic pharmaceutical products. Parents of Robert Ford Wilson. [11] In April 2020, Chief Executive recognized Ford for Abbott's response to accessibility for testing. You may also find the annual proxy statement by going directly to the company's website. This net worth estimate does not reflect any other investments that Mr. Ford may own. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. Learn More on Robert B. Ford's trading history. [12], On December 10, 2021, Ford was elected as chairman of the board for Abbott.[13]. The U.S. invoked the Defense Production Act to jumpstart domestic mining and production of critical minerals such as cobalt, lithium, and rare earths, which the U.S. desperately needs for its military and green tech. On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. For its 2021 fiscal year, ABBOTT LABORATORIES, listed the following CEO pay ratio data on its annual proxy statement to the SEC. 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 assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. Insiders at Abbott Laboratories own 0.5% of the company. Robert Nottingham. 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. Only the transactions in Open Market or Private Sale at the market prices are included. There are no executives at Abbott Laboratories getting paid more. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. . 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 current estimated net worth of Abbott Laboratories's CHAIRMAN AND CEO, Robert B Ford, is estimated to be about $32.44M . Robert B. Ford Net Worth Mr. Robert B. Ford biography Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. , The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. Learn More on Robert B. Ford's trading history. 130 E. Randolph St. Share. [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. This chart shows Robert B Ford's buying and selling at Abbott Laboratories by year and by quarter. Last updated: 22 February 2023 at 6:54pm EST. The Diagnostic Products segment markets diagnostic systems and tests for blood banks, hospitals, commercial laboratories, and alternate-care testing sites. During the last year, insiders at the healthcare product maker sold shares 13 times. According to the SEC Form 4 filings, Robert B Ford has made a total of #HealthyReturns" Text size. Our 109,000 colleagues serve people in more than 160 countries. On this Wikipedia the language links are at the top of the page across from the article title. Robert Ford is 46, he's been the President, Chief Executive Officer y Director of Abbott Laboratories since 2020. Robert Ford is 46, he's been the President, Chief Executive Officer, and Director of Abbott Laboratories since 2020. . 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. Based on ownership reports from SEC filings, as the reporting owner, Robert B Ford owns 1 companies in total, including ABBOTT LABORATORIES income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. The most recent insider tranaction occured on February, 22nd when SVP Julie L Tyler sold 260 shares worth more than $26,842.40. The company introduced its first two tests in March 2020 and delivered more than 400 million in 2020. Learn More on Robert B. Ford's salary. 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 In addition, he makes $11,897,900 as President, Chief Executive Officer y Director at Abbott Laboratories. Our 109,000 colleagues serve people in more than 160 countries. He joined Abbott's Diagnostics division in 1996 as a Business Unit Manager in Diabetes Care. He subsequently held various positions of increasing responsibility for Abbott's Diagnostics, Nutrition and Diabetes Care businesses. Learn More on Robert B. Ford's salary. 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. 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. World leaders must find new sources of minerals, such as copper, essential to their transition to energy independence. 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 Ford Net Worth The estimated Net Worth of Robert B Ford is at least Abbott Laboratories stock worth over $26,723,413 and over . Combined, the North Chicago-based company paid more than $40 million in 2021 for the services of Ford and White. 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. As Chairman of the Board and Chief Executive Officer at ABBOTT LABORATORIES, Robert B. Ford made $22,159,543 in total compensation. View saved articles. Most recently he sold 40,802 units of ABT stock worth $2,571,750 on 30 January 2018. . Abbott Laboratories can also be reached via phone at (224) 667-6100. Past performance is a poor indicator of future performance. sale Oct 05, 2021, 11:00 ET. ARLINGTON, Va., Oct. 5, 2021 /PRNewswire/ -- The Consumer Technology Association (CTA) today announced that Abbott President and CEO Robert B. Ford will deliver a . [2] There are 39 older and 4 younger executives at Abbott Laboratories. Abbott is a global healthcare leader that helps people live more fully at all stages of life. 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. sale The information on this site is in no way guaranteed for completeness, accuracy or in any other way. and stock awards worth $12 million under a long-term incentive plan covering the three-year period ended in 2019. The estimated net worth of Robert B Ford is at least $35 Million dollars as of 2023-03-01. 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. Robert B. Ford has not been actively trading shares of Abbott Laboratories within the last three months. 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 and Chief Executive Officer Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. 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. Learn More on Robert B. Ford's contact information. Robert B Ford is As the Chairman of Abbott Laboratories, Mr. Ford earned a total compensation package of $24,914,886.00 in 2021. Is 46, he 's been the President, Chief Executive Officer in March 2020 and delivered than. Annual proxy statement by going directly to the international sales of a line of branded Pharmaceutical. The healthcare product maker sold shares 13 times other recent insider transactions involving Abbott Laboratories executives independent! Average, Abbott Laboratories getting paid more of information included in the company says it saw... Most recent insider tranaction occured on February, 22nd when SVP Julie L Tyler sold 260 shares more... 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