Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Abbott 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. Thorough reviews have been conducted to assure this data accurately reflects disclosures. Abbott is also one of the world's top five baby formula vendors, which include Nestle and Danone, according to Bloomberg. On average, Robert trades about 5,882 units every 58 days since 2014. . The most active insiders traders include Miles D White, Richard A Gonzalez, and Jeffrey M Leiden. 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. Owen's Kids Are Not Allowed To Smoke. [1] He received a bachelor's degree from Boston College and an MBA in business administration from at Berkeley 's Haas School of Business. sale He received nearly $16 million during his last year with Abbott, the filing shows. Now, a little-known exploration company has defined America's largest high-quality graphite deposit near Nome, Alaska. Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. Fords base compensation was $1.48 million, up from $1.29 million in 2020. Owen is the father of three children two sons and a daughter. Mr. Ford owns 142,071 shares of Abbott Laboratories stock worth more than $14,272,453 as of February 25th. Coronavirus Tips Working and Protection. 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 contact information. Robert Ford is 46, he's been the President, Chief Executive Officer, and Director of Abbott Laboratories since 2020. He subsequently held various positions of increasing responsibility for Abbott's Diagnostics, Nutrition and Diabetes Care businesses. As Chairman of the Board and Chief Executive Officer at ABBOTT LABORATORIES, Robert B. Ford made $22,159,543 in total compensation. Track performance, allocation, dividends, and risks . 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 . You can see the complete history of Mr. Ford stock trades at the bottom of the page. Other recent insider transactions involving Abbott Laboratories (ABT) include [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. Learn More on Robert B. Ford's trading history. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. [8], At the beginning of the COVID-19 pandemic, Ford led the company's COVID-19 testing development and distribution. It operates through the following segments: Established Pharmaceutical Products, Nutritional Products, Diagnostic Products, and Medical Devices. See who is leading new copper discoveries and how. He joined Abbott's Diagnostics division in 1996 as a Business Unit Manager in Diabetes Care. Parents of Robert Ford Wilson. CEO Miles White will retain his title as executive chairman of the board. 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. 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. [12], On December 10, 2021, Ford was elected as chairman of the board for Abbott.[13]. You can help Wikipedia by expanding it. Abbotts Similac Advance product accounted for 21% of the powdered infant formula market share in 2016, according to one of the suits. The estimated Net Worth of Robert B Ford is at least $39.4 Milln dollars as of 25 August 2022. As the President, Chief Executive Officer, and Director of Abbott Laboratories, the total compensation of Robert Ford at Abbott Laboratories is $11,897,900. 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. 102,425 shares on August 25, 2022, which Learn More about insider trades at Abbott Laboratories. Most recently, Robert B. Ford sold 102,425 shares of the business's stock in a transaction on Thursday, August 25th. ARLINGTON, Va., Oct. 5, 2021 /PRNewswire/ -- The Consumer Technology Association (CTA) today announced that Abbott President and CEO Robert B. Ford will deliver a . He is very close to his sons Finn and Robert Ford. Abbott Laboratories CEO Robert Ford received a $4.5 million raise last year as the medical device company saw sales surge amid rising demand for its COVID-19 BinaxNOW tests. 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. The website that you have requested also may not be optimized for your screen size. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Abbott Labs Board Chairman/CEO Robert Ford could hardly have picked a better time for his CES keynote address, the first by a healthcare company representative in CES history. "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. 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 . "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. [5], On March 31, 2020, Ford became the chief executive officer of Abbott Laboratories, elected unanimously by the company's board. There are 6 executives at Abbott Laboratories getting paid more, . As the President, Chief Executive Officer, and Director of Abbott Laboratories, the total compensation of Robert Ford at Abbott Laboratories is $11,897,900. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Ford arrived with Abbott having gathered no less than five CES 2022 Innovation Awards and also in the wake of the company's heady 2021 year of achievement, which included FDA approvals for its innovations and, not . He subsequently held various positions of increasing responsibility for Abbott's Diagnostics, Nutrition and Diabetes Care businesses. of 799,867 shares. 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 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. As of 25 August 2022 he still owns at least 244,496 units of Abbott Laboratories stock. Robert B. Ford has not been actively trading shares of Abbott Laboratories within the last three months. This report is not for commercial use. He subsequently held various positions of increasing responsibility for Abbott's Diagnostics, Nutrition and Diabetes Care businesses. [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. 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. The companys total net sales increased nearly 25% from 2020 to 2021, reflecting volume growth across all of Abbotts segments, according to the companys annual SEC filing. This article about a United States businessperson is a stub. 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. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. The most recent insider tranaction occured on February, 22nd when SVP Julie L Tyler sold 260 shares worth more than $26,842.40. Chart Data in Insider Trading History Table. 89. . Robert's mailing address filed with the SEC is 100 ABBOTT PARK ROAD, , ABBOTT PARK, IL, 60064. The company introduced its first two tests in March 2020 and delivered more than 400 million in 2020. Move Over Lithium 220 Pounds of Graphite In Every EV Battery. 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. 2004-2023 GuruFocus.com, LLC. The FDA says two deaths have so far been linked to contaminated Abbott formula. The Nutritional Products segment caters to the worldwide sales of adult and pediatric nutritional products. In addition, he makes $11,897,900 as President, Chief Executive Officer, and Director at Abbott Laboratories. Faith Alexis Ford is an American actress. Abbott named current COO Robert Ford its new CEO Wednesday, ushering in the first new chief executive in 21 years. Learn More on Abbott Laboratories' active insiders. SENIOR VICE PRESIDENT Christopher J. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. . Abbott did not respond to a request for comment. Combined, the North Chicago-based company paid more than $40 million in 2021 for the services of Ford and White. There are 6 executives at Abbott Laboratories getting paid more, with MilesWhite having the highest compensation of $27,802,800. Our 109,000 colleagues serve people in more than 160 countries. Select a Column Field to add to the results, Refer a Friend and Earn One Month of Free Membership. Robert Ford Net Worth The estimated Net Worth of Robert B Ford is at least $41.4 Million dollars as of 25 August 2022. Abbott is a global healthcare leader that helps people live more fully at all stages of life. The largest trade he's ever made was exercising 102,425 units of Abbott Laboratories stock on 25 August 2022 worth over $4,121,582. You can see the complete history of Mr. Ford stock trades at the bottom of the page. [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. The company was founded by Wallace Calvin Abbott in 1900 and is headquartered in Abbott Park, IL. Abbott Laboratories can also be reached via phone at (224) 667-6100. 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 . 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. of Abbott Laboratories (ABT)'s detailed insider trading history can be found in Insider Trading Tracker table. GuruFocus.com is not operated by a broker or a dealer. Learn More about Robert B. Ford's net worth. Robert's mailing address filed with the SEC is 100 ABBOTT PARK ROAD, , ABBOTT PARK, IL, 60064. World leaders must find new sources of minerals, such as copper, essential to their transition to energy independence. Robert Ford, left, and Miles White. You might contact Robert B Ford via mailing address: 100 Abbott Park Road, Ap6a-2, D-032l, Abbott Park Il 60064-6092. 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, and Director of Abbott Laboratories since 2020. An early adherent of the Bah Faith in the United States, Abbott founded the Bud Billiken Parade and Picnic in August 1929. You can select different timeframes to see how Robert B Ford's insider trading performs compared to the benchmark. [3][4] He was named President and COO in October 2018. But America hasn't produced any graphite since the 1950s. Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. , 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. The information shown here is a reporting of information included in the company's proxy statement. Robert Ford Net Worth The estimated Net Worth of Robert B Ford is at least Abbott Laboratories stock worth over $5,790,426 and over the . sale Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. 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. 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. Robert B. Ford serves as President, Chief Executive Officer, Director of the Company. This chart shows Robert B Ford's buying and selling at Abbott Laboratories by year and by quarter. 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. The company says it also saw growth in its diagnostics and nutritional products segments. ABBOTT LABORATORIES annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Robert B Ford is 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). 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. Robert B Ford currently owns a total of 1 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 It's unclear exactly how much the situation could affect Abbotts bottom line. Abbott derives approximately 60% of sales outside the United States. What is Robert B. Ford's salary? 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. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. . 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. 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. 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 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. 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. of 15,460 shares. 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. Is Abbott a Fortune 500 company? Learn More on Robert B. Ford's contact information. GuruFocus also compares Robert B Ford's trading performance to market benchmark return within the same time period. brought Information on this page was last updated on 2/22/2023. What is the salary of Mr Ford? The website you have requested also may not be optimized for your specific screen size. The most-recent trade in Abbott Laboratories is the Click below to see everything we have to offer. Robert B. Ford Net Worth Mr. Robert B. Ford biography. 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 Markets; Tools Portfolios. [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. 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. a net Abbott Laboratories can also be reached via phone at (224) 667-6100. Share. In addition, he makes $11,897,900 as President, Chief Executive Officer, and Director at Abbott Laboratories. In addition, he makes $11,897,900 as President, Chief Executive Officer y Director at Abbott Laboratories. Print. SENIOR VICE PRESIDENT Louis H. Morrone Abbott manufactures and markets medical devices, adult and pediatric nutritional products, diagnostic equipment and testing kits, and branded generic drugs. You can see the complete history of Mr. Ford stock trades at the bottom of the page. Mr Ford is 47, he's been the Chairman and Pres & CEO of Abbott Laboratories since . sale The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. 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