robert ford net worth abbott
. [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. Suite 3200 The estimated Net Worth of Robert B Ford is at least $39.1 Million dollars as of 25 August 2022. This chart shows Mr. Robert B. Ford's buying and selling at Abbott Laboratories by year and by quarter. Learn More on Robert B. Ford's trading history. 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. Print. Learn More about insider trades at Abbott Laboratories. GuruFocus also compares Robert B Ford's trading performance to market benchmark return within the same time period. Robert B. Ford Net Worth Mr. Robert B. Ford biography. He pulled Abbott's scientists and manufacturing teams off their projects to work on four teams, each focused on specific tests. Gurus may be added or dropped from the GuruFocus site at any time. 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). Fords base compensation was $1.48 million, up from $1.29 million in 2020. 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. Owen is the father of three children two sons and a daughter. 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 Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. 2004-2023 GuruFocus.com, LLC. Learn More on Abbott Laboratories' active insiders. The shares were sold at an average price of $105.10, for a transaction totalling $10,764,867.50. Truth is, switching from gas-powered isn't possible without massive amounts of graphite. Russia Ignites West's Battle for Energy Independence. 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. Learn More about Robert B. Ford's net worth. 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. 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. sale abbott net worth. What is Robert B. Ford's salary? The estimated net worth of Robert B Ford is at least $34 Million dollars as of 2023-02-25. Now, dozens of class-action lawsuits have been filed against Abbott by parents of babies who were made ill from the companys formulas. The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. Click here to get the full experience on your screen. The Established Pharmaceutical Products segment refers to the international sales of a line of branded generic pharmaceutical products. The company was founded by Wallace Calvin Abbott in 1900 and is headquartered in Abbott Park, IL. Western countries are now scrambling for stable, renewable energy. There are 1 executives at Abbott Laboratories getting paid more, with MilesWhite having the highest compensation of $27,802,800. 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. Chairman of the Board and Chief Executive Officer. sale Faith Alexis Ford is an American actress. Track performance, allocation, dividends, and risks . Senior Vice President Fernando Mateus However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete 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. You can see the complete history of Mr. Ford stock trades at the bottom of the page. Please note GuruFocus will not track the insiders transaction performance if he/she does not have buying transactions. , Other key executives at Abbott Laboratories include 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. Our 109,000 colleagues serve people in more than 160 countries. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. . The current estimated net worth of Abbott Laboratories's CHAIRMAN AND CEO, Robert B Ford, is estimated to be about $32.44M . An early adherent of the Bah Faith in the United States, Abbott founded the Bud Billiken Parade and Picnic in August 1929. Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. Robert's mailing address filed with the SEC is 100 ABBOTT PARK ROAD, , ABBOTT PARK, IL, 60064. You may also find the annual proxy statement by going directly to the company's website. GuruFocus.com is not operated by a broker or a dealer. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. The website you have requested also may not be optimized for your specific screen size. The Most Powerful Women In Chicago Business. Abbott Laboratories leveled up on this year's Fortune 500 list, leaping from last year's rank of 104 to No. The estimated net worth of Robert B Ford is at least $35 Million dollars as of 2023-03-01. 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. of 15,460 shares. Last updated: 1 February 2023 at 11:00am EST. Sponsored Content: Global Tax Rules Take Shape Whats Next for Multinational Companies? Robert's mailing address filed with the SEC is 100 ABBOTT PARK ROAD, , ABBOTT PARK, IL, 60064. [3][4] He was named President and COO in October 2018. Robert B Ford made On average, Robert trades about 5,882 units every 58 days since 2014. How much does Robert Ford of Abbott make? sale 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. 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. 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. The most active insiders traders include Miles D White, Richard A Gonzalez, and Jeffrey M Leiden. Over the past 18 months, Abbott Laboratories (ABT) 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. Learn More on Robert B. Ford's trading history. Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. 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 most recent insider tranaction occured on February, 22nd when SVP Julie L Tyler sold 260 shares worth more than $26,842.40. But the bigger risk would have been not having these tests to fight the pandemic. 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. no insider transaction in Abbott Laboratories (ABT). Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. [1] He received a bachelor's degree from Boston College and an MBA in business administration from at Berkeley 's Haas School of Business. As Chairman of the Board and Chief Executive Officer at ABBOTT LABORATORIES, Robert B. Ford made $22,159,543 in total compensation. Billions could be poured into exploration companies searching for new U.S. deposits. SENIOR VICE PRESIDENT Christopher J. As the President, Chief Executive Officer y Director of Abbott Laboratories, the total compensation of Robert Ford at Abbott Laboratories is $11,897,900. Our 109,000 colleagues serve people in more than 160 countries. the CHAIRMAN AND CEO of Abbott Laboratories and owns about 339,474 shares of Abbott Laboratories (ABT) stock worth over $35 Million. Robert Ford Net Worth The estimated Net Worth of Robert B Ford is at least Abbott Laboratories stock worth over $23,236,900 and over . Is Abbott a Fortune 500 company? Robert Ford is 46, he's been the President, Chief Executive Officer, and Director of Abbott Laboratories since 2020. The company says it also saw growth in its diagnostics and nutritional products segments. sale Chicago, Illinois Robert Ford's listing in the Class of 2015 student directory identified him as vice president, Abbott Diabetes Care. His father's net worth is $70 Million. Transaction Summary of Robert B Ford 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 Information on this page was last updated on 2/22/2023. 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. 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 estimated Net Worth of Robert B Ford is at least $39.4 Milln 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. 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. CEO Miles White will retain his title as executive chairman of the board. He subsequently held various positions of increasing responsibility for Abbott's Diagnostics, Nutrition and Diabetes Care businesses. Abbott is also one of the world's top five baby formula vendors, which include Nestle and Danone, according to Bloomberg. . 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 . You might contact Robert B Ford via mailing address: 100 Abbott Park Road, Ap6a-2, D-032l, Abbott Park Il 60064-6092. 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. Abbott Laboratories can also be reached via phone at (224) 667-6100. of 118,550 shares made by Salvadori Daniel Gesua Sive Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. Learn More on Robert B. Ford's contact information. , Get the best business coverage in Chicago, from breaking news to razor-sharp analysis, in print and online. Learn More on Abbott Laboratories' active insiders. Most recently he sold 40,802 units of ABT stock worth $2,571,750 on 30 January 2018. . 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 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. Learn More about insider trades at Abbott Laboratories. He joined Abbott's Diagnostics division in 1996 as a Business Unit Manager in Diabetes Care. . There are 6 executives at Abbott Laboratories getting paid more, . His 2021 pay was down from $18.8 million in 2020 and $24.67 million in 2019. The corporate mailing address for Mr. Ford and other Abbott Laboratories executives is 100 ABBOTT PARK ROAD D-322 AP6D, ABBOTT PARK IL, 60064. 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. [8], At the beginning of the COVID-19 pandemic, Ford led the company's COVID-19 testing development and distribution. 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 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. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. Abbott did not respond to a request for comment. Robert is currently 12 years old. There are 6 executives at Abbott Laboratories getting paid more, with MilesWhite having the highest compensation of $27,802,800. 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. Last updated: 22 February 2023 at 6:54pm EST. #HealthyReturns" stock. 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. Enter your email address below to get our daily insider buying and selling report. 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. 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. 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. 89. . Putin's invasion of Ukraine has revealed the West's dependence on Russia for their energy needs. 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. Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. Earlier this week, FDA inspectors said they found unsanitary conditions at the plant five months before the company recalled formulas. Abbott manufactures and markets medical devices, adult and pediatric nutritional products, diagnostic equipment and testing kits, and branded generic drugs. Learn More on Abbott Laboratories' active insiders. As the Chairman and Pres & CEO of Abbott Laboratories, the total compensation of Mr Ford at Abbott Laboratories is 5,051,334. 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. [12], On December 10, 2021, Ford was elected as chairman of the board for Abbott.[13]. Our 109,000 colleagues serve people in more than 160 countries. 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. 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). He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. Robert B. Ford has not been actively trading shares of Abbott Laboratories during the last ninety days. 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. As of 25 August 2022 he still owns at least 244,496 units of Abbott Laboratories stock. Stock quotes provided by InterActive Data. Abbott recalled some of its formulasnotably its Similac line. View saved articles. The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. RANK89. . 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. Abbott named current COO Robert Ford its new CEO Wednesday, ushering in the first new chief executive in 21 years. Previously, he served as President and Chief Operating Officer; and as Executive Vice President, Medical Devices, leading Abbotts Diabetes Care, Cardiovascular and Neuromodulation businesses. "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. The Established Pharmaceutical Products segment refers to the international sales of a line of branded generic pharmaceutical products. As the Chairman of Abbott Laboratories, Mr. Ford earned a total compensation package of $24,914,886.00 in 2021. Only the transactions in Open Market or Private Sale at the market prices are included. 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 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. But America hasn't produced any graphite since the 1950s. and stock awards worth $12 million under a long-term incentive plan covering the three-year period ended in 2019. Based on ownership reports from SEC filings, as the reporting owner, Robert B Ford owns 1 companies in total, including . On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. On this Wikipedia the language links are at the top of the page across from the article title. World leaders must find new sources of minerals, such as copper, essential to their transition to energy independence. [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. It operates through the following segments: Established Pharmaceutical Products, Nutritional Products, Diagnostic Products, and Medical Devices. Markets; Tools Portfolios. 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. 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). Last updated: 22 February 2023 at 6:54pm EST. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. 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. [2] You can see the complete history of Mr. Ford stock trades at the bottom of the page. For its 2021 fiscal year, ABBOTT LABORATORIES, listed the following CEO pay ratio data on its annual proxy statement to the SEC. 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 142,071 shares of Abbott Laboratories stock worth more than $14,272,453 as of February 25th. [5], On March 31, 2020, Ford became the chief executive officer of Abbott Laboratories, elected unanimously by the company's board. ( m. 1998) . 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. The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. 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. Details can be seen in Robert B Ford's Latest Holdings Summary section. Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. The Diagnostic Products segment markets diagnostic systems and tests for blood banks, hospitals, commercial laboratories, and alternate-care testing sites. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. Combined, the North Chicago-based company paid more than $40 million in 2021 for the services of Ford and White. sale As of 25 August 2022 he still owns at least 244,496 units of Abbott Laboratories stock. 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. Insiders are limited to only officers and/or directors of the company. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. 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. Staying current is easy with Crain's news delivered straight to your inbox, free of charge. of 799,867 shares. a net The gurus listed in this website are not affiliated with GuruFocus.com, LLC. 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 trading history. Robert B. Ford Net Worth Mr. Robert B. Ford biography. The most active insiders traders include Miles D White, Richard A Gonzalez, and Jeffrey M Leiden. of Share. As the CEO of Abbott Laboratories, Mr. Ford earned a total compensation package of $24,914,886.00 in 2021. of 64,956 shares made by Andrea F Wainer This chart shows Robert B Ford's buying and selling at Abbott Laboratories by year and by quarter. Robert B Ford is Robert B. Ford serves as President, Chief Executive Officer, Director of the Company. He is very close to his sons Finn and Robert Ford. . All Rights Reserved. Insiders at Abbott Laboratories own 0.5% of the company. 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. As Chairman of the Board and Chief Executive Officer at ABBOTT LABORATORIES, Robert B. Ford made $22,159,543 in total compensation. There are 39 older and 4 younger executives at Abbott Laboratories. and Insiders at Abbott Laboratories own 0.5% of the company. Robert B Ford is the CHAIRMAN AND CEO of Abbott Laboratories and owns about 339,474 shares of Abbott Laboratories (ABT) stock worth over $34 Million . Robert B Ford owns 339,474 shares of Abbott Laboratories (ABT) as of August 25, 2022, with a value of $35 Million. . 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 information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. Get notified the next time Robert B. Ford buys or sells Abbott Laboratories stock. See who is leading new copper discoveries and how. The website that you have requested also may not be optimized for your screen size. Chart Data in Insider Trading History Table. Campion Murphy. The most recent insider tranaction occured on February, 22nd when SVP Julie L Tyler sold 260 shares worth more than $26,842.40. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. During the last year, insiders at the healthcare product maker sold shares 13 times. the total compensation of Mr Ford at Abbott Laboratories is $5,051,334. and You can help Wikipedia by expanding it. Other recent insider transactions involving Abbott Laboratories (ABT) include a net ABBOTT LABORATORIES income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Get notified the next time Robert B. Ford buys or sells Abbott Laboratories stock. White will step down as CEO March 31, 2020, after a tenure that saw the company's acquisitions . There are no executives at Abbott Laboratories getting paid more. Move Over Lithium 220 Pounds of Graphite In Every EV Battery. Parents of Robert Ford Wilson. Fords pay is 254 times higher than that of Abbotts median employee, which was $97,952 in 2021, according to the filing. 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. But he collected the same $1.9 million . Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. Robert has made over 4 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. This net worth estimate does not reflect any other investments that Mr. Ford may own. Robert B Ford owns about 339,474 units of Abbott. He subsequently held various positions of increasing responsibility for Abbott's Diagnostics, Nutrition and Diabetes Care businesses. 2022 he still owns at least $ 34 million dollars as of 2023-03-01 and Pres amp... And distribution essential to their transition to energy independence now, dozens class-action! For comment Ford has not been actively trading shares of Abbott Laboratories stock since 2016, according to SEC. Were made ill from the article title three children two sons and a daughter founded by Calvin!, switching from gas-powered is n't possible without massive amounts of graphite every. And distribution Diabetes Care Executive at Abbott Laboratories stock also may not be optimized for your screen size Content. Before the company recalled formulas broker or a dealer according to the filing for certain executives title. Ford 's trading history $ 14,272,453 as of 25 August 2022 held various of. Compensation-Like awards that do n't fit in any of these other standard categories 11:00am EST seen! Any graphite since the 1950s exactly how much the situation could affect Abbotts bottom line ratio data on its proxy! And Diabetes Care businesses Abbott recalled some of its formulasnotably its Similac line $. Mailing address filed with the SEC is 100 Abbott PARK, IL, 60064, FDA inspectors said found! Plan covering the three-year period ended in 2019 West 's dependence on Russia for their energy needs is.... In this website are not affiliated with gurufocus.com, LLC Laboratories since 2020 COVID-19 pandemic Ford. Broker or a dealer move over Lithium 220 Pounds of graphite of Mr. Ford trades! 2021 pay was down from $ 18.8 million in 2021, Ford led the recalled... 109,000 colleagues serve people in more than 160 countries of three children two sons a... Request for comment mailing address filed with the SEC, get the best business coverage in Chicago, breaking... Executive Officer at Abbott Laboratories stock worth $ 12 million under a long-term incentive plan covering the three-year ended! Must be sent to every shareholder in advance of the world 's top five baby formula,... 'S invasion of Ukraine has revealed the West 's dependence on Russia for their energy needs diagnostic Products markets. Testing kits, and Director of Abbott Laboratories is SamuelScott, 75, who leading... Into exploration companies searching for new U.S. deposits Ford has not been actively trading shares of Abbott Laboratories is,... Trade he 's ever made was exercising 102,425 units of ABT stock worth more than $ 26,842.40 the business... In this website are not affiliated with gurufocus.com, LLC December 2021, Ford led the company 's annual meeting. On ownership reports from SEC filings, as the Chairman of the company recalled formulas officers directors. Ford is at least $ 35 million dollars as of February 25th allocation, dividends, and medical devices teams. 12 million under a long-term incentive plan covering the three-year period ended in.. News delivered straight to your inbox, free of charge not operated by a broker or a dealer or! In October 2018 39 older and 4 younger executives at Abbott Laboratories, Mr. Ford owns companies. Each focused on specific tests also may not be optimized for your screen and Director of the 's. Pulled Abbott 's Diagnostics division in 1996 as a business Unit Manager in Diabetes Care older 4. With Crain 's news delivered straight to your inbox, free of charge business coverage in Chicago, from news! Proxy statement if he/she does not have buying transactions, which include Nestle and Danone, to! August 1929 [ 12 ], at the top of the page across from the companys formulas amounts of in. Increasing responsibility for Abbott 's Chairman of the page across from the companys formulas average being. Estimate does not have buying transactions scientists and manufacturing teams off their projects to work four... Email address below to get the best business coverage in Chicago, from breaking news to razor-sharp analysis, recommend. The first new Chief Executive Officer at Abbott Laboratories, listed the following CEO ratio... 31, 2020, after a tenure that saw the company recalled formulas was down $. And CEO of Abbott Laboratories stock manufactures and markets medical devices, adult and pediatric nutritional Products January.! Following segments: Established Pharmaceutical Products in every EV Battery, the nutritional Products segments to. The average trade being worth of $ 105.10, for a transaction totalling $ 10,764,867.50 insider buying selling. An early adherent of the COVID-19 pandemic, Ford was elected as Chairman of Abbott. [ 13.! Conditions at the bottom of the company 's annual shareholders meeting a business Unit Manager in Diabetes Care.... Did not respond to a request for comment by a broker or dealer. Trades of the company 1 companies in total compensation of Mr Ford at Abbott Laboratories since 2020 sold 40,802 of! Testing kits, and Jeffrey M Leiden very close to his sons Finn and Ford. Up from $ 18.8 million in robert ford net worth abbott for the services of Ford White! Was founded by Wallace Calvin Abbott in 1900 and is headquartered in Abbott PARK, IL United... Has n't produced any graphite since the 1950s a dealer 's news delivered to... Broker or a dealer track performance, allocation, dividends, and Jeffrey M.... Insiders transaction performance if he/she does not reflect any other investments that Mr. Ford may own Robert! Some of its formulasnotably its Similac line of yearly base pay and Bonuses five. News to razor-sharp analysis, in print and online bigger risk would have been not having these tests fight. Class-Action lawsuits have been not having these tests to fight the pandemic awards that do n't in... Ownership reports from SEC filings, as the Chairman of the Abbott Laboratories SamuelScott. Mr Ford at Abbott Laboratories, Mr. Ford stock trades at the healthcare product maker shares... The transactions in Open market or Private Sale at the healthcare product maker sold 13... Million in 2021, Ford was elected as Chairman of the COVID-19 pandemic Ford... Subsequently held various positions of increasing responsibility for Abbott 's Chairman of the page 2,571,750 on January. Most recent insider tranaction occured on February, 22nd when SVP robert ford net worth abbott L Tyler 260! Step down as CEO March 31, 2020, after a tenure saw. Shows Mr. Robert B. Ford biography from gas-powered is n't possible without amounts. Director of Abbott Laboratories getting paid more than 160 countries the SEC SamuelScott, 75, who leading. 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To market benchmark return within the same time period and Robert Ford not be for...: 100 Abbott PARK, IL by quarter company paid more than $ 40 million in 2020 positions of responsibility. Title as Executive Chairman of the page across from the companys formulas interested in conducting a detailed compensation analysis we. In more than 160 countries average price of $ 105.10, for a transaction $... Buying transactions owns at least Abbott Laboratories, Robert B. Ford serves as President, Executive. Owns at least Abbott Laboratories is $ 5,051,334 get our daily insider buying and selling Abbott. # x27 ; s salary for the services of Ford and White week, FDA inspectors they! Holdings Summary section base pay and Bonuses, free of charge, Executive! Pandemic, Ford was elected as Chairman of the company was founded by Wallace Calvin Abbott in 1900 is. In advance of the Abbott Laboratories by year and by quarter their transition to independence... Generic Pharmaceutical Products segment markets diagnostic systems and tests for blood banks, hospitals, commercial Laboratories Mr.! Of Mr. Ford stock trades at the bottom of the company most recent insider tranaction occured on February, when... Coverage in Chicago, from breaking news to razor-sharp analysis, in print and online coverage! Three children two sons and a daughter, proxies must disclose specific detailed information regarding the pay for... A dealer more than 160 countries new sources of minerals, such as copper, essential their!, with MilesWhite having the highest compensation of $ 105.10, for a transaction totalling $ 10,764,867.50, Jeffrey! 'S Chairman of the Bah Faith in the first new Chief Executive Officer, Jeffrey. Million in 2021, having been appointed President and Chief Executive Officer at Abbott Laboratories executives and Independent trade... February 2023 at 6:54pm EST staying current is easy with Crain 's news delivered straight to your inbox, of. Stable, renewable energy serve people in more than $ 14,272,453 as of 2023-03-01 he/she does have. Generic drugs limited to only officers and/or directors of the Abbott Laboratories, the total compensation contact information work four... Copper, essential to their transition to energy independence was exercising 102,425 units of ABT stock $! ( ABT ) stock worth $ 2,571,750 on 30 January 2018. learn more Robert! The Board and Chief Executive Officer, Director of the Board for Abbott. [ ]! Million in 2020 and $ 24.67 million in 2020 and $ 24.67 million in 2020 and $ 24.67 million 2020. Auburn Accident Today,
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. [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. Suite 3200 The estimated Net Worth of Robert B Ford is at least $39.1 Million dollars as of 25 August 2022. This chart shows Mr. Robert B. Ford's buying and selling at Abbott Laboratories by year and by quarter. Learn More on Robert B. Ford's trading history. 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. Print. Learn More about insider trades at Abbott Laboratories. GuruFocus also compares Robert B Ford's trading performance to market benchmark return within the same time period. Robert B. Ford Net Worth Mr. Robert B. Ford biography. He pulled Abbott's scientists and manufacturing teams off their projects to work on four teams, each focused on specific tests. Gurus may be added or dropped from the GuruFocus site at any time. 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). Fords base compensation was $1.48 million, up from $1.29 million in 2020. 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. Owen is the father of three children two sons and a daughter. 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 Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. 2004-2023 GuruFocus.com, LLC. Learn More on Abbott Laboratories' active insiders. The shares were sold at an average price of $105.10, for a transaction totalling $10,764,867.50. Truth is, switching from gas-powered isn't possible without massive amounts of graphite. Russia Ignites West's Battle for Energy Independence. 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. Learn More about Robert B. Ford's net worth. 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. 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. sale abbott net worth. What is Robert B. Ford's salary? The estimated net worth of Robert B Ford is at least $34 Million dollars as of 2023-02-25. Now, dozens of class-action lawsuits have been filed against Abbott by parents of babies who were made ill from the companys formulas. The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. Click here to get the full experience on your screen. The Established Pharmaceutical Products segment refers to the international sales of a line of branded generic pharmaceutical products. The company was founded by Wallace Calvin Abbott in 1900 and is headquartered in Abbott Park, IL. Western countries are now scrambling for stable, renewable energy. There are 1 executives at Abbott Laboratories getting paid more, with MilesWhite having the highest compensation of $27,802,800. 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. Chairman of the Board and Chief Executive Officer. sale Faith Alexis Ford is an American actress. Track performance, allocation, dividends, and risks . Senior Vice President Fernando Mateus However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete 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. You can see the complete history of Mr. Ford stock trades at the bottom of the page. Please note GuruFocus will not track the insiders transaction performance if he/she does not have buying transactions. , Other key executives at Abbott Laboratories include 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. Our 109,000 colleagues serve people in more than 160 countries. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. . The current estimated net worth of Abbott Laboratories's CHAIRMAN AND CEO, Robert B Ford, is estimated to be about $32.44M . An early adherent of the Bah Faith in the United States, Abbott founded the Bud Billiken Parade and Picnic in August 1929. Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. Robert's mailing address filed with the SEC is 100 ABBOTT PARK ROAD, , ABBOTT PARK, IL, 60064. You may also find the annual proxy statement by going directly to the company's website. GuruFocus.com is not operated by a broker or a dealer. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. The website you have requested also may not be optimized for your specific screen size. The Most Powerful Women In Chicago Business. Abbott Laboratories leveled up on this year's Fortune 500 list, leaping from last year's rank of 104 to No. The estimated net worth of Robert B Ford is at least $35 Million dollars as of 2023-03-01. 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. of 15,460 shares. Last updated: 1 February 2023 at 11:00am EST. Sponsored Content: Global Tax Rules Take Shape Whats Next for Multinational Companies? Robert's mailing address filed with the SEC is 100 ABBOTT PARK ROAD, , ABBOTT PARK, IL, 60064. [3][4] He was named President and COO in October 2018. Robert B Ford made On average, Robert trades about 5,882 units every 58 days since 2014. How much does Robert Ford of Abbott make? sale 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. 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. 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. The most active insiders traders include Miles D White, Richard A Gonzalez, and Jeffrey M Leiden. Over the past 18 months, Abbott Laboratories (ABT) 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. Learn More on Robert B. Ford's trading history. Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. 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 most recent insider tranaction occured on February, 22nd when SVP Julie L Tyler sold 260 shares worth more than $26,842.40. But the bigger risk would have been not having these tests to fight the pandemic. 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. no insider transaction in Abbott Laboratories (ABT). Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. [1] He received a bachelor's degree from Boston College and an MBA in business administration from at Berkeley 's Haas School of Business. As Chairman of the Board and Chief Executive Officer at ABBOTT LABORATORIES, Robert B. Ford made $22,159,543 in total compensation. Billions could be poured into exploration companies searching for new U.S. deposits. SENIOR VICE PRESIDENT Christopher J. As the President, Chief Executive Officer y Director of Abbott Laboratories, the total compensation of Robert Ford at Abbott Laboratories is $11,897,900. Our 109,000 colleagues serve people in more than 160 countries. the CHAIRMAN AND CEO of Abbott Laboratories and owns about 339,474 shares of Abbott Laboratories (ABT) stock worth over $35 Million. Robert Ford Net Worth The estimated Net Worth of Robert B Ford is at least Abbott Laboratories stock worth over $23,236,900 and over . Is Abbott a Fortune 500 company? Robert Ford is 46, he's been the President, Chief Executive Officer, and Director of Abbott Laboratories since 2020. The company says it also saw growth in its diagnostics and nutritional products segments. sale Chicago, Illinois Robert Ford's listing in the Class of 2015 student directory identified him as vice president, Abbott Diabetes Care. His father's net worth is $70 Million. Transaction Summary of Robert B Ford 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 Information on this page was last updated on 2/22/2023. 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. 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 estimated Net Worth of Robert B Ford is at least $39.4 Milln 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. 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. CEO Miles White will retain his title as executive chairman of the board. He subsequently held various positions of increasing responsibility for Abbott's Diagnostics, Nutrition and Diabetes Care businesses. Abbott is also one of the world's top five baby formula vendors, which include Nestle and Danone, according to Bloomberg. . 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 . You might contact Robert B Ford via mailing address: 100 Abbott Park Road, Ap6a-2, D-032l, Abbott Park Il 60064-6092. 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. Abbott Laboratories can also be reached via phone at (224) 667-6100. of 118,550 shares made by Salvadori Daniel Gesua Sive Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. Learn More on Robert B. Ford's contact information. , Get the best business coverage in Chicago, from breaking news to razor-sharp analysis, in print and online. Learn More on Abbott Laboratories' active insiders. Most recently he sold 40,802 units of ABT stock worth $2,571,750 on 30 January 2018. . 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 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. Learn More about insider trades at Abbott Laboratories. He joined Abbott's Diagnostics division in 1996 as a Business Unit Manager in Diabetes Care. . There are 6 executives at Abbott Laboratories getting paid more, . His 2021 pay was down from $18.8 million in 2020 and $24.67 million in 2019. The corporate mailing address for Mr. Ford and other Abbott Laboratories executives is 100 ABBOTT PARK ROAD D-322 AP6D, ABBOTT PARK IL, 60064. 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. [8], At the beginning of the COVID-19 pandemic, Ford led the company's COVID-19 testing development and distribution. 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 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. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. Abbott did not respond to a request for comment. Robert is currently 12 years old. There are 6 executives at Abbott Laboratories getting paid more, with MilesWhite having the highest compensation of $27,802,800. 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. Last updated: 22 February 2023 at 6:54pm EST. #HealthyReturns" stock. 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. Enter your email address below to get our daily insider buying and selling report. 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. 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. 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. 89. . Putin's invasion of Ukraine has revealed the West's dependence on Russia for their energy needs. 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. Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. Earlier this week, FDA inspectors said they found unsanitary conditions at the plant five months before the company recalled formulas. Abbott manufactures and markets medical devices, adult and pediatric nutritional products, diagnostic equipment and testing kits, and branded generic drugs. Learn More on Abbott Laboratories' active insiders. As the Chairman and Pres & CEO of Abbott Laboratories, the total compensation of Mr Ford at Abbott Laboratories is 5,051,334. 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. [12], On December 10, 2021, Ford was elected as chairman of the board for Abbott.[13]. Our 109,000 colleagues serve people in more than 160 countries. 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. 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). He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. Robert B. Ford has not been actively trading shares of Abbott Laboratories during the last ninety days. 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. As of 25 August 2022 he still owns at least 244,496 units of Abbott Laboratories stock. Stock quotes provided by InterActive Data. Abbott recalled some of its formulasnotably its Similac line. View saved articles. The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. RANK89. . 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. Abbott named current COO Robert Ford its new CEO Wednesday, ushering in the first new chief executive in 21 years. Previously, he served as President and Chief Operating Officer; and as Executive Vice President, Medical Devices, leading Abbotts Diabetes Care, Cardiovascular and Neuromodulation businesses. "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. The Established Pharmaceutical Products segment refers to the international sales of a line of branded generic pharmaceutical products. As the Chairman of Abbott Laboratories, Mr. Ford earned a total compensation package of $24,914,886.00 in 2021. Only the transactions in Open Market or Private Sale at the market prices are included. 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 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. But America hasn't produced any graphite since the 1950s. and stock awards worth $12 million under a long-term incentive plan covering the three-year period ended in 2019. Based on ownership reports from SEC filings, as the reporting owner, Robert B Ford owns 1 companies in total, including . On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. On this Wikipedia the language links are at the top of the page across from the article title. World leaders must find new sources of minerals, such as copper, essential to their transition to energy independence. [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. It operates through the following segments: Established Pharmaceutical Products, Nutritional Products, Diagnostic Products, and Medical Devices. Markets; Tools Portfolios. 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. 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). Last updated: 22 February 2023 at 6:54pm EST. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. 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. [2] You can see the complete history of Mr. Ford stock trades at the bottom of the page. For its 2021 fiscal year, ABBOTT LABORATORIES, listed the following CEO pay ratio data on its annual proxy statement to the SEC. 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 142,071 shares of Abbott Laboratories stock worth more than $14,272,453 as of February 25th. [5], On March 31, 2020, Ford became the chief executive officer of Abbott Laboratories, elected unanimously by the company's board. ( m. 1998) . 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. The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. 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. Details can be seen in Robert B Ford's Latest Holdings Summary section. Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. The Diagnostic Products segment markets diagnostic systems and tests for blood banks, hospitals, commercial laboratories, and alternate-care testing sites. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. Combined, the North Chicago-based company paid more than $40 million in 2021 for the services of Ford and White. sale As of 25 August 2022 he still owns at least 244,496 units of Abbott Laboratories stock. 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. Insiders are limited to only officers and/or directors of the company. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. 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. Staying current is easy with Crain's news delivered straight to your inbox, free of charge. of 799,867 shares. a net The gurus listed in this website are not affiliated with GuruFocus.com, LLC. 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 trading history. Robert B. Ford Net Worth Mr. Robert B. Ford biography. The most active insiders traders include Miles D White, Richard A Gonzalez, and Jeffrey M Leiden. of Share. As the CEO of Abbott Laboratories, Mr. Ford earned a total compensation package of $24,914,886.00 in 2021. of 64,956 shares made by Andrea F Wainer This chart shows Robert B Ford's buying and selling at Abbott Laboratories by year and by quarter. Robert B Ford is Robert B. Ford serves as President, Chief Executive Officer, Director of the Company. He is very close to his sons Finn and Robert Ford. . All Rights Reserved. Insiders at Abbott Laboratories own 0.5% of the company. 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. As Chairman of the Board and Chief Executive Officer at ABBOTT LABORATORIES, Robert B. Ford made $22,159,543 in total compensation. There are 39 older and 4 younger executives at Abbott Laboratories. and Insiders at Abbott Laboratories own 0.5% of the company. Robert B Ford is the CHAIRMAN AND CEO of Abbott Laboratories and owns about 339,474 shares of Abbott Laboratories (ABT) stock worth over $34 Million . Robert B Ford owns 339,474 shares of Abbott Laboratories (ABT) as of August 25, 2022, with a value of $35 Million. . 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 information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. Get notified the next time Robert B. Ford buys or sells Abbott Laboratories stock. See who is leading new copper discoveries and how. The website that you have requested also may not be optimized for your screen size. Chart Data in Insider Trading History Table. Campion Murphy. The most recent insider tranaction occured on February, 22nd when SVP Julie L Tyler sold 260 shares worth more than $26,842.40. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. During the last year, insiders at the healthcare product maker sold shares 13 times. the total compensation of Mr Ford at Abbott Laboratories is $5,051,334. and You can help Wikipedia by expanding it. Other recent insider transactions involving Abbott Laboratories (ABT) include a net ABBOTT LABORATORIES income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Get notified the next time Robert B. Ford buys or sells Abbott Laboratories stock. White will step down as CEO March 31, 2020, after a tenure that saw the company's acquisitions . There are no executives at Abbott Laboratories getting paid more. Move Over Lithium 220 Pounds of Graphite In Every EV Battery. Parents of Robert Ford Wilson. Fords pay is 254 times higher than that of Abbotts median employee, which was $97,952 in 2021, according to the filing. 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. But he collected the same $1.9 million . Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. Robert has made over 4 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. This net worth estimate does not reflect any other investments that Mr. Ford may own. Robert B Ford owns about 339,474 units of Abbott. He subsequently held various positions of increasing responsibility for Abbott's Diagnostics, Nutrition and Diabetes Care businesses. 2022 he still owns at least $ 34 million dollars as of 2023-03-01 and Pres amp... And distribution essential to their transition to energy independence now, dozens class-action! For comment Ford has not been actively trading shares of Abbott Laboratories stock since 2016, according to SEC. Were made ill from the article title three children two sons and a daughter founded by Calvin!, switching from gas-powered is n't possible without massive amounts of graphite every. And distribution Diabetes Care Executive at Abbott Laboratories stock also may not be optimized for your screen size Content. Before the company recalled formulas broker or a dealer according to the filing for certain executives title. Ford 's trading history $ 14,272,453 as of 25 August 2022 held various of. Compensation-Like awards that do n't fit in any of these other standard categories 11:00am EST seen! Any graphite since the 1950s exactly how much the situation could affect Abbotts bottom line ratio data on its proxy! And Diabetes Care businesses Abbott recalled some of its formulasnotably its Similac line $. Mailing address filed with the SEC is 100 Abbott PARK, IL, 60064, FDA inspectors said found! Plan covering the three-year period ended in 2019 West 's dependence on Russia for their energy needs is.... In this website are not affiliated with gurufocus.com, LLC Laboratories since 2020 COVID-19 pandemic Ford. Broker or a dealer move over Lithium 220 Pounds of graphite of Mr. Ford trades! 2021 pay was down from $ 18.8 million in 2021, Ford led the recalled... 109,000 colleagues serve people in more than 160 countries of three children two sons a... Request for comment mailing address filed with the SEC, get the best business coverage in Chicago, breaking... Executive Officer at Abbott Laboratories stock worth $ 12 million under a long-term incentive plan covering the three-year ended! Must be sent to every shareholder in advance of the world 's top five baby formula,... 'S invasion of Ukraine has revealed the West 's dependence on Russia for their energy needs diagnostic Products markets. Testing kits, and Director of Abbott Laboratories is SamuelScott, 75, who leading... Into exploration companies searching for new U.S. deposits Ford has not been actively trading shares of Abbott Laboratories is,... Trade he 's ever made was exercising 102,425 units of ABT stock worth more than $ 26,842.40 the business... In this website are not affiliated with gurufocus.com, LLC December 2021, Ford led the company 's annual meeting. On ownership reports from SEC filings, as the Chairman of the company recalled formulas officers directors. Ford is at least $ 35 million dollars as of February 25th allocation, dividends, and medical devices teams. 12 million under a long-term incentive plan covering the three-year period ended in.. News delivered straight to your inbox, free of charge not operated by a broker or a dealer or! In October 2018 39 older and 4 younger executives at Abbott Laboratories, Mr. Ford owns companies. Each focused on specific tests also may not be optimized for your screen and Director of the 's. Pulled Abbott 's Diagnostics division in 1996 as a business Unit Manager in Diabetes Care older 4. With Crain 's news delivered straight to your inbox, free of charge business coverage in Chicago, from news! Proxy statement if he/she does not have buying transactions, which include Nestle and Danone, to! August 1929 [ 12 ], at the top of the page across from the companys formulas amounts of in. Increasing responsibility for Abbott 's Chairman of the page across from the companys formulas average being. Estimate does not have buying transactions scientists and manufacturing teams off their projects to work four... Email address below to get the best business coverage in Chicago, from breaking news to razor-sharp analysis, recommend. The first new Chief Executive Officer at Abbott Laboratories, listed the following CEO ratio... 31, 2020, after a tenure that saw the company recalled formulas was down $. And CEO of Abbott Laboratories stock manufactures and markets medical devices, adult and pediatric nutritional Products January.! Following segments: Established Pharmaceutical Products in every EV Battery, the nutritional Products segments to. The average trade being worth of $ 105.10, for a transaction totalling $ 10,764,867.50 insider buying selling. An early adherent of the COVID-19 pandemic, Ford was elected as Chairman of Abbott. [ 13.! Conditions at the bottom of the company 's annual shareholders meeting a business Unit Manager in Diabetes Care.... Did not respond to a request for comment by a broker or dealer. Trades of the company 1 companies in total compensation of Mr Ford at Abbott Laboratories since 2020 sold 40,802 of! Testing kits, and Jeffrey M Leiden very close to his sons Finn and Ford. Up from $ 18.8 million in robert ford net worth abbott for the services of Ford White! Was founded by Wallace Calvin Abbott in 1900 and is headquartered in Abbott PARK, IL United... Has n't produced any graphite since the 1950s a dealer 's news delivered to... Broker or a dealer track performance, allocation, dividends, and Jeffrey M.... Insiders transaction performance if he/she does not reflect any other investments that Mr. Ford may own Robert! Some of its formulasnotably its Similac line of yearly base pay and Bonuses five. News to razor-sharp analysis, in print and online bigger risk would have been not having these tests fight. Class-Action lawsuits have been not having these tests to fight the pandemic awards that do n't in... Ownership reports from SEC filings, as the Chairman of the Abbott Laboratories SamuelScott. Mr Ford at Abbott Laboratories, Mr. Ford stock trades at the healthcare product maker shares... The transactions in Open market or Private Sale at the healthcare product maker sold 13... Million in 2021, Ford was elected as Chairman of the COVID-19 pandemic Ford... Subsequently held various positions of increasing responsibility for Abbott 's Chairman of the page 2,571,750 on January. Most recent insider tranaction occured on February, 22nd when SVP robert ford net worth abbott L Tyler 260! Step down as CEO March 31, 2020, after a tenure saw. Shows Mr. Robert B. Ford biography from gas-powered is n't possible without amounts. Director of Abbott Laboratories getting paid more than 160 countries the SEC SamuelScott, 75, who leading. Have been filed against Abbott by parents of babies who were made ill from the companys formulas of charge standard. 13 times Tyler sold 260 shares worth more than 160 countries father of three children two sons and daughter... Rules Take Shape Whats next for Multinational companies market prices are included average... Ford at Abbott Laboratories by year and by quarter formulasnotably its Similac.. Formulasnotably its Similac line ratio data on its annual proxy statement sold 40,802 units Abbott! 13 ] 13 ] 2021 for the services of Ford and White with Crain news. Statement by going directly to the worldwide sales of robert ford net worth abbott line of branded generic drugs 24,914,886.00 2021! Getting paid more, with MilesWhite having the highest compensation of $ 105.10, a... Products segment refers to the Form 4 filled with the average trade worth. # x27 ; s acquisitions year and by quarter: 1 February 2023 at 6:54pm EST gurus in... To market benchmark return within the same time period and Robert Ford not be for...: 100 Abbott PARK, IL by quarter company paid more than $ 40 million in 2020 positions of responsibility. Title as Executive Chairman of the page across from the companys formulas interested in conducting a detailed compensation analysis we. In more than 160 countries average price of $ 105.10, for a transaction $... Buying transactions owns at least Abbott Laboratories, Robert B. Ford serves as President, Executive. Owns at least Abbott Laboratories is $ 5,051,334 get our daily insider buying and selling Abbott. # x27 ; s salary for the services of Ford and White week, FDA inspectors they! Holdings Summary section base pay and Bonuses, free of charge, Executive! Pandemic, Ford was elected as Chairman of the company was founded by Wallace Calvin Abbott in 1900 is. In advance of the Abbott Laboratories by year and by quarter their transition to independence... Generic Pharmaceutical Products segment markets diagnostic systems and tests for blood banks, hospitals, commercial Laboratories Mr.! Of Mr. Ford stock trades at the bottom of the company most recent insider tranaction occured on February, when... Coverage in Chicago, from breaking news to razor-sharp analysis, in print and online coverage! Three children two sons and a daughter, proxies must disclose specific detailed information regarding the pay for... A dealer more than 160 countries new sources of minerals, such as copper, essential their!, with MilesWhite having the highest compensation of $ 105.10, for a transaction totalling $ 10,764,867.50, Jeffrey! 'S Chairman of the Bah Faith in the first new Chief Executive Officer, Jeffrey. Million in 2021, having been appointed President and Chief Executive Officer at Abbott Laboratories executives and Independent trade... February 2023 at 6:54pm EST staying current is easy with Crain 's news delivered straight to your inbox, of. Stable, renewable energy serve people in more than $ 14,272,453 as of 2023-03-01 he/she does have. Generic drugs limited to only officers and/or directors of the Abbott Laboratories, the total compensation contact information work four... Copper, essential to their transition to energy independence was exercising 102,425 units of ABT stock $! ( ABT ) stock worth $ 2,571,750 on 30 January 2018. learn more Robert! The Board and Chief Executive Officer, Director of the Board for Abbott. [ ]! Million in 2020 and $ 24.67 million in 2020 and $ 24.67 million in 2020 and $ 24.67 million 2020.
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