His 2021 pay was down from $18.8 million in 2020 and $24.67 million in 2019. 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. 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. See Why Investors Are So Excited About This. sale Track performance, allocation, dividends, and risks . . You can see the complete history of Mr. Ford stock trades at the bottom of the page. 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 y Jeffrey M Leiden. Abbott is a global healthcare leader that helps people live more fully at all stages of life. A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. Learn More about insider trades at Abbott Laboratories. Robert B. Ford Net Worth Mr. Robert B. Ford biography Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. , Select a Column Field to add to the results, Refer a Friend and Earn One Month of Free Membership. 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 oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. There are 6 executives at Abbott Laboratories getting paid more, with MilesWhite having the highest compensation of $27,802,800. Abbotts Similac Advance product accounted for 21% of the powdered infant formula market share in 2016, according to one of the suits. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. sale Abbott manufactures and markets medical devices, adult and pediatric nutritional products, diagnostic equipment and testing kits, and branded generic drugs. But the bigger risk would have been not having these tests to fight the pandemic. As of 25 August 2022 he still owns at least 244,496 units of Abbott Laboratories stock. 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 Learn More on Robert B. Ford's contact information. White will step down as CEO March 31, 2020, after a tenure that saw the company's acquisitions . . 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. Source: Pinterest Age And Net Worth . But America hasn't produced any graphite since the 1950s. Previously, he served as President and Chief Operating Officer; and as Executive Vice President, Medical Devices, leading Abbotts Diabetes Care, Cardiovascular and Neuromodulation businesses. The decline was due to lower stock options and stock awards, cash bonuses and pension earnings, but Whites base salary remained consistent over all three years at $1.9 million. brought What is Robert B. Ford's salary? In summary, during the past 3 months, insiders sold 15,460 shares of Abbott Laboratories (ABT) in total and bought 0 shares, with a net a net Mr. Ford earned a salary of $1,482,692.00, stock awards of $8,689,294.00, options awards of $8,689,978.00, non-equity compensation of $3,168,400.00, and other compensation of $129,179.00. For its 2021 fiscal year, ABBOTT LABORATORIES, listed the following CEO pay ratio data on its annual proxy statement to the SEC. Now, a little-known exploration company has defined America's largest high-quality graphite deposit near Nome, Alaska. . Learn More on Robert B. Ford's contact information. Click here to get the full experience on your screen. Robert B Ford currently owns a total of 1 the total compensation of Mr Ford at Abbott Laboratories is $5,051,334. It operates through the following segments: Established Pharmaceutical Products, Nutritional Products, Diagnostic Products, and Medical Devices. The estimated Net Worth of Robert B Ford is at least $39.4 Milln dollars as of 25 August 2022. 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. Robert B Ford around $11 Million. He joined Abbott's Diagnostics division in 1996 as a Business Unit Manager in Diabetes Care. 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. Mr. Ford owns 142,071 shares of Abbott Laboratories stock worth more than $14,451,462 as of March 1st. 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). There are 39 older and 4 younger executives at Abbott Laboratories. . Within two months, he had erased the "vice" to become president of the division. Owen is the father of three children two sons and a daughter. [8], At the beginning of the COVID-19 pandemic, Ford led the company's COVID-19 testing development and distribution. Robert B. Ford Net Worth Mr. Robert B. Ford biography. Thorough reviews have been conducted to assure this data accurately reflects disclosures. Most recently he sold 40,802 units of ABT stock worth $2,571,750 on 30 January 2018. . Information on this page was last updated on 2/22/2023. RANK89. 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. Get notified the next time Robert B. Ford buys or sells Abbott Laboratories stock. All Rights Reserved. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. The company was founded by Wallace Calvin Abbott in 1900 and is headquartered in Abbott Park, IL. 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. Learn More on Robert B. Ford's salary. In addition, he makes $11,897,900 as President, Chief Executive Officer y Director at Abbott Laboratories. Abbott Laboratories leveled up on this year's Fortune 500 list, leaping from last year's rank of 104 to No. The company introduced its first two tests in March 2020 and delivered more than 400 million in 2020. Abbott founded The Chicago Defender in 1905, which grew to have the highest circulation of any black-owned newspaper in the country. Robert Ford Net Worth The estimated Net Worth of Robert B Ford is at least Abbott Laboratories stock worth over $5,687,137 and over the . Click below to see everything we have to offer. The U.S. invoked the Defense Production Act to jumpstart domestic mining and production of critical minerals such as cobalt, lithium, and rare earths, which the U.S. desperately needs for its military and green tech. As the Chairman of Abbott Laboratories, Mr. Ford earned a total compensation package of $24,914,886.00 in 2021. . sale The performance of stocks bought by Robert B Ford within 3 months outperforms 1 times out of 1 transactions in total compared to the return of S&P 500 within the same period. Robert Ford, who has deep experience with the medical device business at Abbott Laboratories, will become the new CEO of the Illinois-based company in . Abbott is also one of the world's top five baby formula vendors, which include Nestle and Danone, according to Bloomberg. The Established Pharmaceutical Products segment refers to the international sales of a line of branded generic pharmaceutical products. Mr. Ford earned a bachelor's degree from Boston College and a master's degree in business administration from UC Berkeley, Haas School of Business. He subsequently held various positions of increasing responsibility for Abbott's Diagnostics, Nutrition and Diabetes Care businesses. 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. The website you have requested also may not be optimized for your specific screen size. [2], Ford joined Abbott in 1996 within its diabetes care business, later heading the company's medical device businesses, and Abbott's integration of St. Jude Medical in 2017, its largest acquisition at the time. They sold a total of 345,468 shares worth more than $36,920,834.37. The most active insiders traders include Miles D White, Richard A Gonzalez, and Jeffrey M Leiden. Fords pay is 254 times higher than that of Abbotts median employee, which was $97,952 in 2021, according to the filing. Share. Fundamental company data provided by Morningstar, updated daily. of 15,460 shares. Details can be seen in Robert B Ford's Latest Holdings Summary section. 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 is in no way guaranteed for completeness, accuracy or in any other way. 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. SENIOR VICE PRESIDENT Christopher J. This article about a United States businessperson is a stub. Our 109,000 colleagues serve people in more than 160 countries. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. Please be aware that the website you have requested is intended for the residents of a particular country or region, as noted on that site. abbott net worth. 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. 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. 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. 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 There are no executives at Abbott Laboratories getting paid more. [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. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. Owen's Kids Are Not Allowed To Smoke. How much does Robert Ford of Abbott make? of 799,867 shares. As Chairman of the Board and Chief Executive Officer at ABBOTT LABORATORIES, Robert B. Ford made $22,159,543 in total compensation. Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. All proxy statements are public filings made available to the general public by the SEC. It's unclear exactly how much the situation could affect Abbotts bottom line. Unless otherwise specified, all product and service names appearing in this Internet site are trademarks owned by or licensed to Abbott, its subsidiaries or affiliates. Abbott is a global healthcare leader that helps people live more fully at all stages of life. He subsequently held various positions of increasing responsibility for Abbott's Diagnostics, Nutrition and Diabetes Care businesses. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. View saved articles. The Nutritional Products segment caters to the worldwide sales of adult and pediatric nutritional products. You can see the complete history of Mr. Ford stock trades at the bottom of the page. Products include pacemakers, implantable cardioverter defibrillators, neuromodulation devices, coronary stents, catheters, infant formula, nutritional liquids for adults, molecular diagnostic platforms, and immunoassays and point-of-care diagnostic equipment. "Robert Ford, our President and CEO, discusses how the intense timelines and the sheer volume of tests the world needed called for big, bold moves. As the President, Chief Executive Officer, and Director of Abbott Laboratories, the total compensation of Robert Ford at Abbott Laboratories is $11,897,900. Robert B. Ford has not been actively trading shares of Abbott Laboratories during the last ninety days. The estimated net worth of Robert B. Ford is at least $14.45 million as of August 25th, 2022. [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. Above is the net worth, insider trading, and ownership report for Robert B Ford. Robert has made over 4 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. 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. 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. ARLINGTON, Va., Oct. 5, 2021 /PRNewswire/ -- The Consumer Technology Association (CTA) today announced that Abbott President and CEO Robert B. Ford will deliver a . Past performance is a poor indicator of future performance. SENIOR VICE PRESIDENT Louis H. Morrone The company says it also saw growth in its diagnostics and nutritional products segments. Insiders are limited to only officers and/or directors of the company. 89. . Robert B. Ford serves as President, Chief Executive Officer, Director of the Company. Abbott Laboratories (ABT)'s detailed insider trading history can be found in Insider Trading Tracker table. The shares were sold at an average price of $105.10, for a transaction totalling $10,764,867.50. and sale In addition, he makes $11,897,900 as President, Chief Executive Officer, and Director at Abbott Laboratories. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. 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. [11] In April 2020, Chief Executive recognized Ford for Abbott's response to accessibility for testing. stock. Robert Nottingham. Please note GuruFocus will not track the insiders transaction performance if he/she does not have buying transactions. You can select different timeframes to see how Robert B Ford's insider trading performs compared to the benchmark. As the CEO of Abbott Laboratories, Mr. Ford earned a total compensation package of $24,914,886.00 in 2021. On average, Robert trades about 5,882 units every 58 days since 2014. 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. Our 109,000 colleagues serve people in more than 160 countries. 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 This chart shows Mr. Robert B. Ford's buying and selling at Abbott Laboratories by year and by quarter. 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. [5], On March 31, 2020, Ford became the chief executive officer of Abbott Laboratories, elected unanimously by the company's board. As the President, Chief Executive Officer y Director of Abbott Laboratories, the total compensation of Robert Ford at Abbott Laboratories is $11,897,900. His latest promotion: Chief Executive Officer at Abbott, a global diversified healthcare company. Is Abbott a Fortune 500 company? There are 1 executives at Abbott Laboratories getting paid more, with MilesWhite having the highest compensation of $27,802,800. Robert Ford is 46, he's been the President, Chief Executive Officer, and Director of Abbott Laboratories since 2020. Robert B. Ford has not been actively trading shares of Abbott Laboratories within the last three months. Our 109,000 colleagues serve people in more than 160 countries. He joined Abbott's Diagnostics division in 1996 as a Business Unit Manager in Diabetes Care. Combined, the North Chicago-based company paid more than $40 million in 2021 for the services of Ford and White. 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. Over the past 18 months, Chairman of the Board and Chief Executive Officer. GuruFocus also compares Robert B Ford's trading performance to market benchmark return within the same time period. The estimated net worth of Robert B. Ford is at least $14.27 million as of August 25th, 2022. , Parents of Robert Ford Wilson. He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. Learn More on Abbott Laboratories' active insiders. Chicago, IL 60601 As the Chairman and Pres & CEO of Abbott Laboratories, the total compensation of Mr Ford at Abbott Laboratories is $5,051,334. Learn More on Robert B. Ford's trading history. 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. Gurus may be added or dropped from the GuruFocus site at any time. Robert Ford is 46, he's been the President, Chief Executive Officer y Director of Abbott Laboratories since 2020. Suite 3200 The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. no insider transaction in Abbott Laboratories (ABT). Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. Mr. Ford earned a bachelor's degree from Boston College and a master's degree in business administration from UC Berkeley, Haas School of Business. [2] Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. He is very close to his sons Finn and Robert Ford. They sold a total of 345,468 shares worth more than $36,920,834.37. On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. But he collected the same $1.9 million . Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. . Robert's mailing address filed with the SEC is 100 ABBOTT PARK ROAD, , ABBOTT PARK, IL, 60064. 1 transactions in Abbott Laboratories (ABT) over the past 5 years, including 0 buys and 1 sells. . The most recent insider tranaction occured on February, 22nd when SVP Julie L Tyler sold 260 shares worth more than $26,842.40. 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. Stock quotes provided by InterActive Data. Abbott recalled some of its formulasnotably its Similac line. Get notified the next time Robert B. Ford buys or sells Abbott Laboratories stock. 130 E. Randolph St. As of 25 August 2022 he still owns at least 244,496 units of Abbott Laboratories stock. He pulled Abbott's scientists and manufacturing teams off their projects to work on four teams, each focused on specific tests. 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. Learn More on Abbott Laboratories' active insiders. Markets; Tools Portfolios. [3][4] He was named President and COO in October 2018. Only the transactions in Open Market or Private Sale at the market prices are included. Campion Murphy. 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. He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. Mr. Ford owns 142,071 shares of Abbott Laboratories stock worth more than $14,272,453 as of February 25th. This report is not for commercial use. , 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. 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 Ford Net Worth The estimated Net Worth of Robert B Ford is at least $41.4 Million dollars as of 25 August 2022. This net worth estimate does not reflect any other investments that Mr. Ford may own. World leaders must find new sources of minerals, such as copper, essential to their transition to energy independence. Learn More about Robert B. Ford's net worth. On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. Abbott derives approximately 60% of sales outside the United States. 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. 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. Must be sent to every shareholder in Advance of the COVID-19 pandemic, Ford the. [ 4 ] he was named President and Chief Executive Officer y Director at Laboratories. This page was last updated on 2/22/2023 trading history can be seen in Robert B Ford is independent. At any time President of the page of yearly Base pay and.. Made available to the Form 4 filled with the SEC is 100 Abbott PARK ROAD, robert ford net worth abbott PARK. Of adult and pediatric nutritional Products leaders must find new sources of minerals, such as copper, essential their. Be added or dropped from the GuruFocus site at any time Laboratories is $ 5,051,334 subsequently held various positions increasing... 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