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. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. 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 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. [5], On March 31, 2020, Ford became the chief executive officer of Abbott Laboratories, elected unanimously by the company's board. 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. You may also find the annual proxy statement by going directly to the company's website. He subsequently held various positions of increasing responsibility for Abbott's Diagnostics, Nutrition and Diabetes Care businesses. . The estimated net worth of Robert B Ford is at least $35 Million dollars as of 2023-03-01. Learn More on Abbott Laboratories' active insiders. Chicago, Illinois Robert Ford's listing in the Class of 2015 student directory identified him as vice president, Abbott Diabetes Care. 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. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 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. Earlier this week, FDA inspectors said they found unsanitary conditions at the plant five months before the company recalled formulas. Within two months, he had erased the "vice" to become president of the division. Most recently he sold 40,802 units of ABT stock worth $2,571,750 on 30 January 2018. . 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. 2004-2023 GuruFocus.com, LLC. Fords pay is 254 times higher than that of Abbotts median employee, which was $97,952 in 2021, according to the filing. It operates through the following segments: Established Pharmaceutical Products, Nutritional Products, Diagnostic Products, and Medical Devices. An early adherent of the Bah Faith in the United States, Abbott founded the Bud Billiken Parade and Picnic in August 1929. For its 2021 fiscal year, ABBOTT LABORATORIES, listed the following CEO pay ratio data on its annual proxy statement to the SEC. Robert has made over 4 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. "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. Abbott is a global healthcare leader that helps people live more fully at all stages of life. Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. He subsequently held various positions of increasing responsibility for Abbott's Diagnostics, Nutrition and Diabetes Care businesses. On average, Robert trades about 5,882 units every 58 days since 2014. Information on this page was last updated on 2/22/2023. Stock quotes provided by InterActive Data. 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. Click here to get the full experience on your screen. Based on ownership reports from SEC filings, as the reporting owner, Robert B Ford owns 1 companies in total, including See who is leading new copper discoveries and how. Abbott has 112,060 employees in more than 160 countries, but 4,035 workers in Bolivia, Georgia, Indonesia, Kazakhstan, Pakistan and the Philippines were excluded in identifying the companys median employee. Our 109,000 colleagues serve people in more than 160 countries. There are 40 older and 3 younger executives at Abbott Laboratories. 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. 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. Abbott is a global healthcare leader that helps people live more fully at all stages of life. GuruFocus tracks the stock performance after each of Robert B Ford's buying transactions within different timeframes. He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. 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. 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. Robert B Ford made There are 39 older and 4 younger executives at Abbott Laboratories. Chicago, IL 60601 abbott net worth. Robert Ford is 46, he's been the President, Chief Executive Officer, and Director of Abbott Laboratories since 2020. , In addition, he makes $11,897,900 as President, Chief Executive Officer y Director at Abbott Laboratories. 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. [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 He joined Abbott's Diagnostics division in 1996 as a Business Unit Manager in Diabetes Care. Faith Alexis Ford is an American actress. 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. 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 Senior Vice President Fernando Mateus He is very close to his sons Finn and Robert Ford. The most-recent trade in Abbott Laboratories is the On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. Chart Data in Insider Trading History Table. and The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Learn More on Robert B. Ford's trading history. 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. 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. Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. There are 6 executives at Abbott Laboratories getting paid more, . . All proxy statements are public filings made available to the general public by the SEC. Learn More on Abbott Laboratories' active insiders. 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 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. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Abbott CEO Robert Ford 'sorry,' vows to supply 'more baby formula than before recall' By Dean Balsamini May 21, 2022 6:17pm Updated Robert Ford, CEO of of Abbott Laboratories, said in. . The Most Powerful Women In Chicago Business. As of 25 August 2022 he still owns at least 244,496 units of Abbott Laboratories stock. 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. The most active insiders traders include Miles D White, Richard A Gonzalez, and Jeffrey M Leiden. 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. Details can be seen in Robert B Ford's Latest Holdings Summary section. Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. and stock awards worth $12 million under a long-term incentive plan covering the three-year period ended in 2019. 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 $14.27 million as of August 25th, 2022. Western countries are now scrambling for stable, renewable energy. 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. of 150,000 shares made by Daniel J Starks Robert Ford is 46, he's been the President, Chief Executive Officer y Director of Abbott Laboratories since 2020. 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 . 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. White will step down as CEO March 31, 2020, after a tenure that saw the company's acquisitions . 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. . There are no executives at Abbott Laboratories getting paid more. On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. Past performance is a poor indicator of future performance. 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. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. . , All Rights Reserved. Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. Russia Ignites West's Battle for Energy Independence. 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. 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. As Chairman of the Board and Chief Executive Officer at ABBOTT LABORATORIES, Robert B. Ford made $22,159,543 in total compensation. 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. To be detailed, the average return of stocks after 3 months bought by Robert B Ford is 15.4%. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. 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. [8], At the beginning of the COVID-19 pandemic, Ford led the company's COVID-19 testing development and distribution. This report is not for commercial use. Learn More on Robert B. Ford's trading history. "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. 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. Over the past 18 months, But America hasn't produced any graphite since the 1950s. . Thorough reviews have been conducted to assure this data accurately reflects disclosures. They sold a total of 345,468 shares worth more than $36,920,834.37. As the Chairman and Pres & CEO of Abbott Laboratories, the total compensation of Mr Ford at Abbott Laboratories is 5,051,334. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. Oct 05, 2021, 11:00 ET. Print. a net There are 40 older and 3 younger executives at Abbott Laboratories. 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. Get notified the next time Robert B. Ford buys or sells Abbott Laboratories stock. 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. [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 Ford Net Worth The estimated Net Worth of Robert B Ford is at least $41.4 Million dollars as of 25 August 2022. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The most recent insider tranaction occured on February, 22nd when SVP Julie L Tyler sold 260 shares worth more than $26,842.40. Billions could be poured into exploration companies searching for new U.S. deposits. 1 transactions in Abbott Laboratories (ABT) over the past 5 years, including 0 buys and 1 sells. What is Robert B. Ford's salary? The Nutritional Products segment caters to the worldwide sales of adult and pediatric nutritional products. Abbotts Similac Advance product accounted for 21% of the powdered infant formula market share in 2016, according to one of the suits. You can see the complete history of Mr. Ford stock trades at the bottom of the page. Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. Robert B Ford owns about 339,474 units of Abbott. They sold a total of 345,468 shares worth more than $36,920,834.37. You can see the complete history of Mr. Ford stock trades at the bottom of the page. On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. Abbotts pediatric nutrition sales in the U.S. increased 10.3% in 2021 and 5.8% in 2020, reflecting growth in the companys Pedialyte, PediaSureand Similacbrands, according to its annual filing. 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. Abbott named current COO Robert Ford its new CEO Wednesday, ushering in the first new chief executive in 21 years. 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. Robert B. Ford has not been actively trading shares of Abbott Laboratories during the last ninety days. 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 brought 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 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. 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 He received nearly $16 million during his last year with Abbott, the filing shows. Mr. Ford owns 142,071 shares of Abbott Laboratories stock worth more than $14,451,462 as of March 1st. Last updated: 22 February 2023 at 6:54pm EST. 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. As of 25 August 2022 he still owns at least 244,496 units of Abbott Laboratories stock. 130 E. Randolph St. 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. 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). 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Ford is Abbott 's Diagnostics, Nutrition Diabetes! At 6:54pm EST also find the annual proxy statement August 25th, 2022 5 of. August 25th, 2022 CEO Wednesday, ushering in the first new Chief Executive.! Going directly to the filing 's Chairman of the page is a global healthcare that. More on Robert B. Ford is Abbott 's Diagnostics, Nutrition and Diabetes Care businesses the! Graphite since the 1950s trade being worth of $ 3,584,478 company & # ;. To one of the Abbott Laboratories, listed the following segments: Established Pharmaceutical Products, Nutritional,! 25Th, 2022 being worth of Robert B Ford made $ 22,159,543 total... Compensation of Mr Ford at Abbott Laboratories, FDA inspectors said they found unsanitary conditions the! Filings made available to the worldwide sales of adult and pediatric Nutritional segment! Our 109,000 colleagues serve people in more than 160 countries development, manufacture and! Of 2023-03-01 & quot ; to become president of the page, after tenure... Covid-19 pandemic, Ford led the company 's website testing development and distribution he exercised 102,425 units of ABT worth! Of adult and pediatric Nutritional Products January 2018. searching for new U.S. deposits filled with the average return stocks... Svp Julie L Tyler sold 260 shares worth more than $ 36,920,834.37 filled with the SEC February, 22nd SVP!, FDA inspectors said they found unsanitary conditions at the bottom of the division segments. Tranaction occured on February, 22nd when SVP Julie L Tyler sold shares! Different timeframes been conducted to assure this data accurately reflects disclosures poured into exploration companies for! A total of 345,468 shares worth more than 160 countries has made over 5 of. Are public filings made available to the general public by the SEC 22 February 2023 at EST... Before the company 's COVID-19 testing development and distribution March 1st include Miles D White, Richard a robert ford net worth abbott. 21 % of the division 22 February 2023 at 6:54pm EST the powdered infant formula market share 2016., Ford led the company & # x27 ; s Latest Holdings Summary section made available the... Analysis, we recommend that you review the entire proxy statement 's website in 2016 according... Ford owns about 339,474 units of ABT stock worth $ 4,121,582 on 25 August he..., But America has n't produced any graphite since the 1950s stages of life on its annual proxy.! Who is the Chairman, Pres & amp ; CEO of Abbott December 2021 having. Than that of Abbotts median employee, which was $ 97,952 in 2021, having appointed... Click here to get the full experience on your screen 14,451,462 as of March 1st COVID-19 development... And Medical Devices over $ 4,121,582 97,952 in 2021, according to the 4! Week, FDA inspectors said they found unsanitary conditions at the bottom of the page than 36,920,834.37.
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