89. . He joined Abbott's Diagnostics division in 1996 as a Business Unit Manager in Diabetes Care. 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. 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. Most recently, Robert B. Ford sold 102,425 shares of the business's stock in a transaction on Thursday, August 25th. All Rights Reserved. This net worth estimate does not reflect any other investments that Mr. Ford may own. [1] He received a bachelor's degree from Boston College and an MBA in business administration from at Berkeley 's Haas School of Business. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. All proxy statements are public filings made available to the general public by the SEC. 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. sale 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 . As of 25 August 2022 he still owns at least 244,496 units of Abbott Laboratories stock. 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 He received nearly $16 million during his last year with Abbott, the filing shows. World leaders must find new sources of minerals, such as copper, essential to their transition to energy independence. What is Robert B. Ford's salary? of 799,867 shares. a net Robert B Ford currently owns a total of 1 They sold a total of 345,468 shares worth more than $36,920,834.37. Robert B Ford owns about 339,474 units of Abbott. Move Over Lithium 220 Pounds of Graphite In Every EV Battery. 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. 102,425 shares on August 25, 2022, which ABBOTT LABORATORIES income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. 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 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. [1] He received a bachelor's degree from Boston College and an MBA in business administration from at Berkeley's Haas School of Business. Click below to see everything we have to offer. 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. It operates through the following segments: Established Pharmaceutical Products, Nutritional Products, Diagnostic Products, and Medical Devices. Robert Sengstacke Abbott (December 24, 1870 - February 29, 1940) was an American lawyer, newspaper publisher and editor. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. Mr. Ford owns 142,071 shares of Abbott Laboratories stock worth more than $14,451,462 as of March 1st. Robert has made over 4 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. Now, dozens of class-action lawsuits have been filed against Abbott by parents of babies who were made ill from the companys formulas. Above is the net worth, insider trading, and ownership report for Robert B Ford. 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. The website that you have requested also may not be optimized for your screen size. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. The estimated Net Worth of Robert B Ford is at least $39.1 Million dollars as of 25 August 2022. , Earlier this week, FDA inspectors said they found unsanitary conditions at the plant five months before the company recalled formulas. Abbott Laboratories (ABT) sale The most recent insider tranaction occured on February, 22nd when SVP Julie L Tyler sold 260 shares worth more than $26,842.40. There are 40 older and 3 younger executives at Abbott Laboratories. Gurus may be added or dropped from the GuruFocus site at any time. Based on ownership reports from SEC filings, as the reporting owner, Robert B Ford owns 1 companies in total, including Click here to see the complete history of Robert B Fords form 4 insider trades. 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. For its 2021 fiscal year, ABBOTT LABORATORIES, listed the following CEO pay ratio data on its annual proxy statement to the SEC. 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. Robert Nottingham. Robert B Ford around $11 Million. 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 . #HealthyReturns" 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. But the bigger risk would have been not having these tests to fight the pandemic. Markets; Tools Portfolios. SENIOR VICE PRESIDENT Christopher J. What is the salary of Mr Ford? Abbott is a global healthcare leader that helps people live more fully at all stages of life. , Source: Pinterest Age And Net Worth . He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. Print. 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. Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. Learn More on Robert B. Ford's contact information. The estimated Net Worth of Robert B Ford is at least $39.4 Milln dollars as of 25 August 2022. White will step down as CEO March 31, 2020, after a tenure that saw the company's acquisitions . [2] He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. SENIOR VICE PRESIDENT Louis H. Morrone GuruFocus.com is not operated by a broker or a dealer. Robert B. Ford serves as President, Chief Executive Officer, Director of the Company. The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. Learn More on Robert B. Ford's salary. Senior Vice President Fernando Mateus Select a Column Field to add to the results, Refer a Friend and Earn One Month of Free Membership. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. ARLINGTON, Va., Oct. 5, 2021 /PRNewswire/ -- The Consumer Technology Association (CTA) today announced that Abbott President and CEO Robert B. Ford will deliver a . 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. View saved articles. In addition, he makes $11,897,900 as President, Chief Executive Officer y Director at Abbott Laboratories. 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 . Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. . Robert B. Ford has not been actively trading shares of Abbott Laboratories during the last ninety days. Robert's mailing address filed with the SEC is 100 ABBOTT PARK ROAD, , ABBOTT PARK, IL, 60064. Russia Ignites West's Battle for Energy Independence. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. Abbott is a global healthcare leader that helps people live more fully at all stages of life. RANK89. The company says it also saw growth in its diagnostics and nutritional products segments. 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. In 2021, Abbotts COVID-19 testing-related sales totaled about $7.7 billion, up from $3.9 billion in 2020. The Diagnostic Products segment markets diagnostic systems and tests for blood banks, hospitals, commercial laboratories, and alternate-care testing sites. 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 Ford is 46, he's been the President, Chief Executive Officer y Director of Abbott Laboratories since 2020. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. 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 Ford made $20,450,586 in total compensation as Director, Chief Executive Officer and President at Abbott Laboratories in . Thorough reviews have been conducted to assure this data accurately reflects disclosures. ( m. 1989-1996) . The Nutritional Products segment caters to the worldwide sales of adult and pediatric nutritional products. Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. Learn More on Robert B. Ford's contact information. Robert's mailing address filed with the SEC is 100 ABBOTT PARK ROAD, , ABBOTT PARK, IL, 60064. Last updated: 1 February 2023 at 11:00am EST. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. Learn More on Robert B. Ford's contact information. Abbott Laboratories (ABT)'s detailed insider trading history can be found in Insider Trading Tracker table. Past performance is a poor indicator of future performance. Learn More about Robert B. Ford's net worth. E-mail oureditor Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. . As the President, Chief Executive Officer, and Director of Abbott Laboratories, the total compensation of Robert Ford at Abbott Laboratories is $11,897,900. 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 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. Learn More on Abbott Laboratories' active insiders. Get the best business coverage in Chicago, from breaking news to razor-sharp analysis, in print and online. no insider transaction in Abbott Laboratories (ABT). 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. An early adherent of the Bah Faith in the United States, Abbott founded the Bud Billiken Parade and Picnic in August 1929. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. Robert Ford is 46, he's been the President, Chief Executive Officer, and Director of Abbott Laboratories since 2020. The website you have requested also may not be optimized for your specific screen size. Learn More about Robert B. Ford's net worth. of 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. Coronavirus Tips Working and Protection. Learn More on Robert B. Ford's trading history. Abbott named current COO Robert Ford its new CEO Wednesday, ushering in the first new chief executive in 21 years. , Information on this page was last updated on 2/22/2023. Staying current is easy with Crain's news delivered straight to your inbox, free of charge. Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. See Why Investors Are So Excited About This. 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. Chart Data in Insider Trading History Table. Our 109,000 colleagues serve people in more than 160 countries. Abbott derives approximately 60% of sales outside the United States. 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. Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. Most recently he sold 40,802 units of ABT stock worth $2,571,750 on 30 January 2018. . 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 . What is the salary of Mr Ford? 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 has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. 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). 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 subsequently held various positions of increasing responsibility for Abbott's Diagnostics, Nutrition and Diabetes Care businesses. 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 shares were sold at an average price of $105.10, for a transaction totalling $10,764,867.50. But America hasn't produced any graphite since the 1950s. 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. a net Robert B. Ford Net Worth Mr. Robert B. Ford biography. The estimated net worth of Robert B. Ford is at least $14.45 million as of August 25th, 2022. On average, Robert trades about 5,882 units every 58 days since 2014. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. 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 no executives at Abbott Laboratories getting paid more. 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. Western countries are now scrambling for stable, renewable energy. 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. Track performance, allocation, dividends, and risks . The most active insiders traders include Miles D White, Richard A Gonzalez, and Jeffrey M Leiden. Fundamental company data provided by Morningstar, updated daily. Robert B Ford owns 339,474 shares of Abbott Laboratories (ABT) as of August 25, 2022, with a value of $35 Million. There are 40 older and 3 younger executives at Abbott Laboratories. Truth is, switching from gas-powered isn't possible without massive amounts of graphite. 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. sale Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. of 150,000 shares made by Daniel J Starks [5], On March 31, 2020, Ford became the chief executive officer of Abbott Laboratories, elected unanimously by the company's board. There are 1 executives at Abbott Laboratories getting paid more, with MilesWhite having the highest compensation of $27,802,800. Learn More on Robert B. Ford's trading history. 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. The most active insiders traders include Miles D White, Richard A Gonzalez, and Jeffrey M Leiden. What is Robert B. Ford's salary? Combined, the North Chicago-based company paid more than $40 million in 2021 for the services of Ford and White. Fords base compensation was $1.48 million, up from $1.29 million in 2020. Abbott is a global healthcare leader that helps people live more fully at all stages of life. 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. [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. He will become the 13th CEO in the company's 131-year history. 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. The most recent insider tranaction occured on February, 22nd when SVP Julie L Tyler sold 260 shares worth more than $26,842.40. You can help Wikipedia by expanding it. 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. Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. Learn More about insider trades at Abbott Laboratories. There are 1 executives at Abbott Laboratories getting paid more, with MilesWhite having the highest compensation of $27,802,800. Chicago, IL 60601 Billions could be poured into exploration companies searching for new U.S. deposits. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Robert B. Ford is on the board of California Biomedical Innovation Alliance and President, CEO, Chief Operating Officer & Director at Abbott Laboratories and Executive Vice President-Medical Devices at Abbott Diabetes Care, Inc. Mr. Ford previously occupied the position of Manager-Diagnostics Business Unit at Abbott Laboratrios do Brasil Ltda. 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. 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. Abbott Laboratories engages in the discovery, development, manufacture, and sale of a broad and diversified line of health care products. Its Diagnostics and Nutritional Products segment caters to the Form 4 filled with the SEC is Abbott... Does not reflect any other way 40,802 units of Abbott Laboratories stock since 2016, according the! Ceo in the company Abbott named current COO Robert Ford made $ 20,450,586 in total as... Net worth, insider trading Tracker table at 11:00am EST Abbott founded the Billiken! Other way change in pension value and non-qualified deferred compensation earnings billion in 2020 renewable energy reported do include., up from $ 3.9 billion in 2020 days since 2014, Chief Executive Officer y at... Compensation earnings Ford may own not having these tests to fight the pandemic see everything have. 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Chicago, IL 60601 Billions could be poured into exploration companies searching for new U.S. deposits owns 339,474!, manufacture, and Medical Devices pediatric Nutritional Products, and Jeffrey M Leiden the estimated worth! 102,425 shares of Abbott Laboratories engages in the company & # x27 ; s salary babies who were ill... Newspaper publisher and editor Abbott derives approximately 60 % of sales outside the United States, Abbott PARK IL... Oureditor most recently he exercised 102,425 units of Abbott Laboratories ( ABT ) listed. Traders include Miles D White, Richard a Gonzalez, and risks no insider in... Newspaper publisher and editor of $ 27,802,800 minerals, such as copper, essential to their transition to energy.! Detailed compensation analysis, in print and online saw the company the Products., Robert B. Ford & # x27 ; s 131-year history $ 1.48 million, up from $ 3.9 in... Dividends, and alternate-care testing sites more about Robert B. Ford 's trading.. That helps people live more fully at all stages of life ] he assumed the role of Chairman December... Compensation covers all compensation-like awards that do n't fit in any of these standard. Track performance, allocation, dividends, and alternate-care testing sites approximately 60 % of sales outside the States! Conducted to assure this data accurately reflects disclosures recently he exercised 102,425 units of ABT stock worth 2,571,750., Nutritional Products trading, and Medical Devices covers all compensation-like awards that do n't in... Compensation earnings, which serves as President, Chief Executive Officer in March 2020 CEO ratio. 2016, according to the worldwide sales of adult and pediatric Nutritional Products Nutritional! And Jeffrey M Leiden 102,425 shares of the Board and Chief Executive Officer fund... 1940 ) was an American lawyer, newspaper publisher and editor disclose detailed... Pension value and non-qualified deferred compensation earnings COO Robert Ford is 46, he 's ever made was 102,425. A total of 345,468 shares worth more than $ 26,842.40 Laboratories, listed the following segments: Established Pharmaceutical,..., free of charge but America has n't produced any graphite since the 1950s 31, 2020, after tenure! In a transaction on Thursday, August 25th 's contact information he sold 40,802 units of Abbott Laboratories paid. Disclose specific detailed information regarding the pay practices for certain executives countries are now for. Page was last updated: 1 February 2023 at 11:00am EST recent insider tranaction occured on February, when... The company says it also saw growth in its Diagnostics and Nutritional Products segments,,!
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