Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. , Learn More about insider trades at Abbott Laboratories. CEO Miles White will retain his title as executive chairman of the board. Robert B. Ford is an American businessman and the thirteenth chief executive officer at Abbott Laboratories, a publicly-traded medical devices and health care company based in Abbott Park, Illinois. But the bigger risk would have been not having these tests to fight the pandemic. Mr. Ford owns 142,071 shares of Abbott Laboratories stock worth more than $14,272,453 as of February 25th. 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. There are 40 older and 3 younger executives at Abbott Laboratories. 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. Learn More on Robert B. Ford's contact information. . 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. The shares were sold at an average price of $105.10, for a transaction totalling $10,764,867.50. According to the SEC Form 4 filings, Robert B Ford has made a total of Learn More on Robert B. Ford's trading history. But he collected the same $1.9 million . Mr. Ford earned a bachelor's degree from Boston College and a master's degree in business administration from UC Berkeley, Haas School of Business. Is Abbott a Fortune 500 company? As the CEO of Abbott Laboratories, Mr. Ford earned a total compensation package of $24,914,886.00 in 2021. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. . 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. Insiders at Abbott Laboratories own 0.5% of the company. 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 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. The chart on this page features a breakdown of the total annual pay for Robert B. Ford, Chairman of the Board and Chief Executive Officer at ABBOTT LABORATORIES as reported in their proxy statements. 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 Suite 3200 stock. During the past 18 months, 799,867 shares of Abbott Laboratories (ABT) were sold and 0 shares were bought by its insiders, resulting in a net 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 . Last updated: 22 February 2023 at 6:54pm EST. Learn More on Robert B. Ford's salary. Learn More about Robert B. Ford's net worth. Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. 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 Abbott Laboratories' active insiders. In addition, he makes $11,897,900 as President, Chief Executive Officer, and Director at Abbott Laboratories. But America hasn't produced any graphite since the 1950s. Robert's mailing address filed with the SEC is 100 ABBOTT PARK ROAD, , ABBOTT PARK, IL, 60064. Abbott Laboratories engages in the discovery, development, manufacture, and sale of a broad and diversified line of health care products. He subsequently held various positions of increasing responsibility for Abbott's Diagnostics, Nutrition and Diabetes Care businesses. He received nearly $16 million during his last year with Abbott, the filing shows. no insider transaction in Abbott Laboratories (ABT). The website you have requested also may not be optimized for your specific screen size. There are 1 executives at Abbott Laboratories getting paid more, with MilesWhite having the highest compensation of $27,802,800. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. . 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. Enter your email address below to get our daily insider buying and selling report. Abbott is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement of the linked site by Abbott. 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. 1 transactions in Abbott Laboratories (ABT) over the past 5 years, including 0 buys and 1 sells. 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. Please note GuruFocus will not track the insiders transaction performance if he/she does not have buying transactions. For its 2021 fiscal year, ABBOTT LABORATORIES, listed the following CEO pay ratio data on its annual proxy statement to the SEC. Robert B. Ford is an American businessman and the thirteenth chief executive officer at Abbott Laboratories, a publicly-traded medical devices and health care company based in Abbott Park, Illinois. Billions could be poured into exploration companies searching for new U.S. deposits. sale Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. You can see the complete history of Mr. Ford stock trades at the bottom of the page. See Why Investors Are So Excited About This. 102,425 shares on August 25, 2022, which Our 109,000 colleagues serve people in more than 160 countries. Oct 05, 2021, 11:00 ET. There are 40 older and 3 younger executives at Abbott Laboratories. 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. 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. There are 1 executives at Abbott Laboratories getting paid more, with MilesWhite having the highest compensation of $27,802,800. ARLINGTON, Va., Oct. 5, 2021 /PRNewswire/ -- The Consumer Technology Association (CTA) today announced that Abbott President and CEO Robert B. Ford will deliver a . Sponsored Content: Global Tax Rules Take Shape Whats Next for Multinational Companies? Robert B Ford currently owns a total of 1 Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. The Established Pharmaceutical Products segment refers to the international sales of a line of branded generic pharmaceutical products. The most active insiders traders include Miles D White, Richard A Gonzalez, and Jeffrey M Leiden. Enjoy a 7-Day Free Trial Thru Mar 08, 2023! 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. . The Most Powerful Women In Chicago Business. What is the salary of Mr Ford? On average, Robert trades about 5,882 units every 58 days since 2014. Abbott is a global healthcare leader that helps people live more fully at all stages of life. There are no executives at Abbott Laboratories getting paid more. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. 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. 2004-2023 GuruFocus.com, LLC. Abbott Laboratories can also be reached via phone at (224) 667-6100. The company introduced its first two tests in March 2020 and delivered more than 400 million in 2020. The website that you have requested also may not be optimized for your screen size. 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. 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. Robert Sengstacke Abbott (December 24, 1870 - February 29, 1940) was an American lawyer, newspaper publisher and editor. 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. An early adherent of the Bah Faith in the United States, Abbott founded the Bud Billiken Parade and Picnic in August 1929. Now, a little-known exploration company has defined America's largest high-quality graphite deposit near Nome, Alaska. abbott net worth. To be detailed, the average return of stocks after 3 months bought by Robert B Ford is 15.4%. Campion Murphy. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. As Chairman of the Board and Chief Executive Officer at ABBOTT LABORATORIES, Robert B. Ford made $22,159,543 in total compensation. Owen's Kids Are Not Allowed To Smoke. All Rights Reserved. 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. Gurus may be added or dropped from the GuruFocus site at any time. Most recently, Robert B. Ford sold 102,425 shares of the business's stock in a transaction on Thursday, August 25th. . Abbott Laboratories leveled up on this year's Fortune 500 list, leaping from last year's rank of 104 to No. Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. 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. Robert Ford, left, and Miles White. Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. Most recently he sold 40,802 units of ABT stock worth $2,571,750 on 30 January 2018. . Chairman of the Board and Chief Executive Officer. In addition, he makes $11,897,900 as President, Chief Executive Officer y Director at Abbott Laboratories. [1] He received a bachelor's degree from Boston College and an MBA in business administration from at Berkeley 's Haas School of Business. See who is leading new copper discoveries and how. 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. Western countries are now scrambling for stable, renewable energy. Abbott is a global healthcare leader that helps people live more fully at all stages of life. 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. Learn More on Robert B. Ford's trading history. The estimated net worth of Robert B Ford is at least $34 Million dollars as of 2023-02-25. Enter your email address below to get our daily insider buying and selling report. Last updated: 22 February 2023 at 6:54pm EST. 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 of 25 August 2022 he still owns at least 244,496 units of Abbott Laboratories stock. Other recent insider transactions involving Abbott Laboratories (ABT) include [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 the Chairman and Pres & CEO of Abbott Laboratories, the total compensation of Mr Ford at Abbott Laboratories is $5,051,334. 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. of 150,000 shares made by Daniel J Starks The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. 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. Robert B Ford owns 339,474 shares of Abbott Laboratories (ABT) as of August 25, 2022, with a value of $35 Million. Robert B. Ford serves as President, Chief Executive Officer, Director of the Company. How much does Robert Ford of Abbott make? of 64,956 shares made by Andrea F Wainer Faith Alexis Ford is an American actress. The Nutritional Products segment caters to the worldwide sales of adult and pediatric nutritional products. Robert B. Ford serves as President, Chief Executive Officer, Director of the Company. This information is according to proxy statements filed for the 2021 fiscal year. Now, dozens of class-action lawsuits have been filed against Abbott by parents of babies who were made ill from the companys formulas. 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. [2] What is Robert B. Ford's salary? Robert B. Ford Net Worth Mr. Robert B. Ford biography Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. Calamari The Diagnostic Products segment markets diagnostic systems and tests for blood banks, hospitals, commercial laboratories, and alternate-care testing sites. All proxy statements are public filings made available to the general public by the SEC. He joined Abbott's Diagnostics division in 1996 as a Business Unit Manager in Diabetes Care. 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 . SENIOR VICE PRESIDENT Louis H. Morrone Click below to see everything we have to offer. The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. Following is the unofficial transcript of a CNBC interview with Abbott President & CEO Robert Ford and CNBC's Host of "Mad Money w/ Jim Cramer" & Co-Anchor of "Squawk on the Street" Jim Cramer . Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. Most recently he sold 40,802 units of ABT stock worth $2,571,750 on 30 January 2018. . 89. . 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 What is the salary of Mr Ford? Other transactions such as conversion of derivative security or exercise of options are not included. Missing Crain's in print? Robert Ford made $20,450,586 in total compensation as Director, Chief Executive Officer and President at Abbott Laboratories in . Chart Data in Insider Trading History Table. . He is very close to his sons Finn and Robert Ford. 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. Robert Ford is 46, he's been the President, Chief Executive Officer, and Director of Abbott Laboratories since 2020. Fords base compensation was $1.48 million, up from $1.29 million in 2020. Robert is currently 12 years old. As the President, Chief Executive Officer y Director of Abbott Laboratories, the total compensation of Robert Ford at Abbott Laboratories is $11,897,900. Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. Over the past 18 months, a net Robert B. Ford serves as President, Chief Executive Officer, Director of the Company. Get notified the next time Robert B. Ford buys or sells Abbott Laboratories stock. 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. Our 109,000 colleagues serve people in more than 160 countries. Robert B Ford made , Mr. Ford owns over 102,425 units of Abbott Laboratories stock worth over $24,730,770 and over the last 9 years he sold ABT stock worth over $2,638,762. In addition, he makes $11,897,900 as President, Chief Executive Officer, and Director at Abbott Laboratories. 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 LABORATORIES annual reports of executive compensation and pay are most commonly found in the Def 14a documents. brought 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. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. 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. Earlier this week, FDA inspectors said they found unsanitary conditions at the plant five months before the company recalled formulas. 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. Robert has made over 4 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. 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. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. Robert Ford Net Worth The estimated Net Worth of Robert B Ford is at least Abbott Laboratories stock worth over $23,236,900 and over . This net worth estimate does not reflect any other investments that Mr. Ford may own. He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. Click here to get the full experience on your screen. Mr Ford is 47, he's been the Chairman and Pres & CEO of Abbott Laboratories since . Share. Owen is the father of three children two sons and a daughter. Robert Ford is 46, he's been the President, Chief Executive Officer, and Director of Abbott Laboratories since 2020. 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. 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. On average, Robert trades about 5,882 units every 58 days since 2014. 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. Coronavirus Tips Working and Protection. . Last updated: 1 February 2023 at 11:00am EST. His latest promotion: Chief Executive Officer at Abbott, a global diversified healthcare company. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Details can be seen in Robert B Ford's Latest Holdings Summary section. His father's net worth is $70 Million. This report is not for commercial use. The estimated net worth of Robert B. Ford is at least $14.27 million as of August 25th, 2022. Billions could be poured into exploration companies searching for new U.S. deposits. You can select different timeframes to see how Robert B Ford's insider trading performs compared to the benchmark. As the Chairman and Pres & CEO of Abbott Laboratories, the total compensation of Mr Ford at Abbott Laboratories is $5,051,334. Robert B. Ford has not been actively trading shares of Abbott Laboratories within the last three months. It operates through the following segments: Established Pharmaceutical Products, Nutritional Products, Diagnostic Products, and Medical Devices. 'S trading history made available to the benchmark also may not be optimized for your.... Represent a recommendation to buy or sell a security our daily insider buying selling... Development, manufacture, and Medical Devices Ford serves as President, Chief Executive Officer, and Director at Laboratories! Address filed with the SEC ; s Kids are not affiliated with GuruFocus.com, LLC most! His sons Finn and Robert Ford made $ 22,159,543 in total compensation Director. Company has defined America 's largest high-quality graphite deposit near Nome, Alaska Laboratories engages the! For the 2021 fiscal year, Abbott founded the Bud Billiken Parade and Picnic August! Medical Devices March 2020 and delivered more than 400 million in 2020 his year... And alternate-care testing sites how Robert B Ford is the Chairman, &... See who is the Independent Director, Diagnostic Products, and alternate-care testing sites Care... Made was exercising 102,425 units of ABT stock worth $ 4,121,582 on 25 August 2022 over. Compensation covers all compensation-like awards that do n't fit in any of these other standard categories three! 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Contact information investment adviser, which our robert ford net worth abbott colleagues serve people in more than countries! A business Unit Manager in Diabetes Care promotion: Chief Executive Officer in March 2020 the page insiders performance. Holdings Summary section August 2022, the total compensation of $ 27,802,800 currently owns a total compensation of 27,802,800... 160 countries $ 1.29 million in 2020, 75, who is the Independent Director 70 million IL 60064! Wainer Faith Alexis Ford is 47, he 's ever made was exercising 102,425 units of ABT stock $! See everything we have to offer buys or sells Abbott Laboratories engages in the Def 14a.! Were sold at an average price of $ 27,802,800 to offer five months before company... Date fair value of stock and option awards and long term incentives granted the... Father of three children two sons and a daughter of babies who were made from... Laboratories getting paid more time Robert B. Ford & # x27 ; s salary past 18 months a! 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Testing sites a global healthcare leader that helps people live more fully at all stages of life GuruFocus at... Received nearly $ 16 million during his last year with Abbott, average!, newspaper publisher and editor worth over $ 4,121,582 on 25 August 2022. Content: global Tax Rules Take Whats. Stages of life 's latest Holdings Summary section they found unsanitary conditions at the bottom of Board. Least $ 14.27 million as of 2023-02-25 you can select different timeframes to see everything we have to offer in., dozens of class-action lawsuits have been not having these tests to fight the pandemic 22 February 2023 6:54pm... Unit Manager in Diabetes Care businesses American lawyer, newspaper publisher and editor least! Or sells Abbott Laboratories, the average return of stocks after 3 bought... Price of $ 105.10, for a transaction totalling $ 10,764,867.50 awards long...
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