You can see the complete history of Mr. Ford stock trades at the bottom of the page. Previously, he served as President and Chief Operating Officer, with responsibility for all of the company's operating businesses; and Executive Vice President, Medical Devices, leading our Diabetes Care, Cardiovascular and Neuromodulation businesses. Abbott 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. It's unclear exactly how much the situation could affect Abbotts bottom line. Robert B. Ford has not been actively trading shares of Abbott Laboratories within the last three months. This information is according to proxy statements filed for the 2021 fiscal year. Learn More about Robert B. Ford's net worth. a net Learn More on Abbott Laboratories' active insiders. Mr Ford is 47, he's been the Chairman and Pres & CEO of Abbott Laboratories since . #HealthyReturns" Mr. Ford owns over 102,425 units of Abbott Laboratories stock worth over $26,852,996 and over the last 9 years he sold ABT stock worth over $2,638,762. Click here to see the complete history of Robert B Fords form 4 insider trades. In addition, he makes $11,897,900 as President, Chief Executive Officer, and Director at Abbott Laboratories. sale Last updated: 22 February 2023 at 6:54pm EST. 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. The most active insiders traders include Miles D White, Richard A Gonzalez y Jeffrey M Leiden. He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. This net worth estimate does not reflect any other investments that Mr. Ford may own. It operates through the following segments: Established Pharmaceutical Products, Nutritional Products, Diagnostic Products, and Medical Devices. Robert Ford is 46, he's been the President, Chief Executive Officer y Director of Abbott Laboratories since 2020. Learn More on Robert B. Ford's trading history. 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. 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. 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 derives approximately 60% of sales outside the United States. 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. In addition, he makes $11,897,900 as President, Chief Executive Officer y Director at Abbott Laboratories. Russia Ignites West's Battle for Energy Independence. Last updated: 22 February 2023 at 6:54pm EST. Abbott Laboratories leveled up on this year's Fortune 500 list, leaping from last year's rank of 104 to No. Robert B Ford made sale sale His father's net worth is $70 Million. The shares were sold at an average price of $105.10, for a transaction totalling $10,764,867.50. 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 Suite 3200 Abbott is a global healthcare leader that helps people live more fully at all stages of life. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. Chicago, IL 60601 Mr. Ford owns 142,071 shares of Abbott Laboratories stock worth more than $14,272,453 as of February 25th. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Our 109,000 colleagues serve people in more than 160 countries. As the President, Chief Executive Officer, and Director of Abbott Laboratories, the total compensation of Robert Ford at Abbott Laboratories is $11,897,900. There are 1 executives at Abbott Laboratories getting paid more, with MilesWhite having the highest compensation of $27,802,800. Abbott Laboratories can also be reached via phone at (224) 667-6100. Combined, the North Chicago-based company paid more than $40 million in 2021 for the services of Ford and White. Within two months, he had erased the "vice" to become president of the division. What is the salary of Mr Ford? As of 25 August 2022 he still owns at least 244,496 units of Abbott Laboratories stock. Previously, he served as President and Chief Operating Officer; and as Executive Vice President, Medical Devices, leading Abbotts Diabetes Care, Cardiovascular and Neuromodulation businesses. GuruFocus.com is not operated by a broker or a dealer. SENIOR VICE PRESIDENT Christopher J. Robert B Ford owns about 339,474 units of Abbott. 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. . Robert's mailing address filed with the SEC is 100 ABBOTT PARK ROAD, , ABBOTT PARK, IL, 60064. Billions could be poured into exploration companies searching for new U.S. deposits. As the Chairman of Abbott Laboratories, Mr. Ford earned a total compensation package of $24,914,886.00 in 2021. . Get notified the next time Robert B. Ford buys or sells Abbott Laboratories stock. But he collected the same $1.9 million . Putin's invasion of Ukraine has revealed the West's dependence on Russia for their energy needs. and stock awards worth $12 million under a long-term incentive plan covering the three-year period ended in 2019. This investment adviser does not provide advice to individual investors. Oct 05, 2021, 11:00 ET. On average, Robert trades about 5,882 units every 58 days since 2014. 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. Please note GuruFocus will not track the insiders transaction performance if he/she does not have buying transactions. The Nutritional Products segment caters to the worldwide sales of adult and pediatric nutritional products. Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. White will step down as CEO March 31, 2020, after a tenure that saw the company's acquisitions . 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. As of 25 August 2022 he still owns at least 244,496 units of Abbott Laboratories stock. Abbott is also one of the world's top five baby formula vendors, which include Nestle and Danone, according to Bloomberg. 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. The company introduced its first two tests in March 2020 and delivered more than 400 million in 2020. Learn More on Robert B. Ford's trading history. See Why Investors Are So Excited About This. Chairman of the Board and Chief Executive Officer. Enter your email address below to get our daily insider buying and selling report. Learn More about insider trades at Abbott Laboratories. Insiders are limited to only officers and/or directors of the company. Chairman and Chief Executive Officer Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. 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 . Robert is currently 12 years old. You can see the complete history of Mr. Ford stock trades at the bottom of the page. As the Chairman of Abbott Laboratories, Mr. Ford earned a total compensation package of $24,914,886.00 in 2021. [3][4] He was named President and COO in October 2018. Western countries are now scrambling for stable, renewable energy. [8], At the beginning of the COVID-19 pandemic, Ford led the company's COVID-19 testing development and distribution. They sold a total of 345,468 shares worth more than $36,920,834.37. On average, Robert trades about 5,882 units every 58 days since 2014. Learn More on Robert B. Ford's contact information. Robert Ford, left, and Miles White. brought Past performance is a poor indicator of future performance. . You may also find the annual proxy statement by going directly to the company's website. Abbotts Similac Advance product accounted for 21% of the powdered infant formula market share in 2016, according to one of the suits. of 118,550 shares made by Salvadori Daniel Gesua Sive 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. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. Learn More on Robert B. Ford's salary. Click here to get the full experience on your screen. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Robert B Ford is You might contact Robert B Ford via mailing address: 100 Abbott Park Road, Ap6a-2, D-032l, Abbott Park Il 60064-6092. Insiders at Abbott Laboratories own 0.5% of the company. The most recent insider tranaction occured on February, 22nd when SVP Julie L Tyler sold 260 shares worth more than $26,842.40. The company was founded by Wallace Calvin Abbott in 1900 and is headquartered in Abbott Park, IL. CEO Miles White will retain his title as executive chairman of the board. The largest trade he's ever made was exercising 102,425 units of Abbott Laboratories stock on 25 August 2022 worth over $4,121,582. Get notified the next time Robert B. Ford buys or sells Abbott Laboratories stock. GuruFocus tracks the stock performance after each of Robert B Ford's buying transactions within different timeframes. What is Robert B. Ford's salary? But the bigger risk would have been not having these tests to fight the pandemic. 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. There are 40 older and 3 younger executives at Abbott Laboratories. Robert B. Ford has not been actively trading shares of Abbott Laboratories during the last ninety days. Learn More on Abbott Laboratories' active insiders. 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. Robert B. Ford serves as President, Chief Executive Officer, Director of the Company. An early adherent of the Bah Faith in the United States, Abbott founded the Bud Billiken Parade and Picnic in August 1929. On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. As the Chairman and Pres & CEO of Abbott Laboratories, the total compensation of Mr Ford at Abbott Laboratories is $5,051,334. Most recently he sold 40,802 units of ABT stock worth $2,571,750 on 30 January 2018. . Other transactions such as conversion of derivative security or exercise of options are not included. 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. As the President, Chief Executive Officer y Director of Abbott Laboratories, the total compensation of Robert Ford at Abbott Laboratories is $11,897,900. 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 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 estimated net worth of Robert B Ford is at least $35 Million dollars as of 2023-03-01. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. As the Chairman and Pres & CEO of Abbott Laboratories, the total compensation of Mr Ford at Abbott Laboratories is 5,051,334. 102,425 shares on August 25, 2022, which E-mail oureditor RANK89. The estimated net worth of Robert B Ford is at least $34 Million dollars as of 2023-02-25. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. the CHAIRMAN AND CEO of Abbott Laboratories and owns about 339,474 shares of Abbott Laboratories (ABT) stock worth over $35 Million. 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 Abbott Laboratories stock worth over $5,790,426 and over the . SENIOR VICE PRESIDENT Louis H. Morrone 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. He subsequently held various positions of increasing responsibility for Abbott's Diagnostics, Nutrition and Diabetes Care businesses. Campion Murphy. Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. This article about a United States businessperson is a stub. Learn More on Abbott Laboratories' active insiders. Information on this page was last updated on 2/22/2023. [1] He received a bachelor's degree from Boston College and an MBA in business administration from at Berkeley's Haas School of Business. Senior Vice President Fernando Mateus 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 B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. He received nearly $16 million during his last year with Abbott, the filing shows. Investors constantly hear that lithium is the key to powering our transition to electric vehicles and clean energy. There are no executives at Abbott Laboratories getting paid more. of 799,867 shares. Learn More about insider trades at Abbott Laboratories. "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. Owen is the father of three children two sons and a daughter. GuruFocus also compares Robert B Ford's trading performance to market benchmark return within the same time period. 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. The most recent insider tranaction occured on February, 22nd when SVP Julie L Tyler sold 260 shares worth more than $26,842.40. 130 E. Randolph St. and . 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. Enter your email address below to get our daily insider buying and selling report. 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. Move Over Lithium 220 Pounds of Graphite In Every EV Battery. 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. Print. Abbott Laboratories (ABT)'s detailed insider trading history can be found in Insider Trading Tracker table. As of 25 August 2022 he still owns at least 244,496 units of Abbott Laboratories stock. Select a Column Field to add to the results, Refer a Friend and Earn One Month of Free Membership. As a result, the site may contain information on pharmaceuticals, medical devices and other products or uses of those products that are not approved in other countries or regions. The information shown here is a reporting of information included in the company's proxy statement. sale Robert B. Ford serves as President, Chief Executive Officer, Director of the Company. [2] The estimated Net Worth of Robert B Ford is at least $39.3 Million 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. Learn More on Robert B. Ford's contact information. Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. Abbott named current COO Robert Ford its new CEO Wednesday, ushering in the first new chief executive in 21 years. Earlier this week, FDA inspectors said they found unsanitary conditions at the plant five months before the company recalled formulas. a net Abbott manufactures and markets medical devices, adult and pediatric nutritional products, diagnostic equipment and testing kits, and branded generic drugs. You can select different timeframes to see how Robert B Ford's insider trading performs compared to the benchmark. This net worth estimate does not reflect any other investments that Mr. Ford may own. According to the SEC Form 4 filings, Robert B Ford has made a total of Is Abbott a Fortune 500 company? There are 39 older and 4 younger executives at Abbott Laboratories. Parents of Robert Ford Wilson. 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. Abbott did not respond to a request for comment. 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 Established Pharmaceutical Products segment refers to the international sales of a line of branded generic pharmaceutical products. 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. Gurus may be added or dropped from the GuruFocus site at any time. Thorough reviews have been conducted to assure this data accurately reflects disclosures. The most active insiders traders include Miles D White, Richard A Gonzalez, and Jeffrey M Leiden. The Most Powerful Women In Chicago Business. 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. February, 22nd when SVP Julie L Tyler sold 260 shares worth more than 26,842.40. $ 27,802,800 he 's been the President, Chief Executive Officer, we that. Western countries are now scrambling for stable, renewable energy detailed compensation analysis, we that! 260 shares worth more than $ 36,920,834.37, Abbott Laboratories ( ABT ) stock worth over $ 4,121,582 learn... Positions of increasing responsibility for Abbott 's Diagnostics, Nutrition and Diabetes businesses! 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Article about a United States businessperson is a reporting of information included in first. Or dropped from the GuruFocus site at any time ABT ) stock more! Please note GuruFocus will not track the insiders transaction performance if he/she does not reflect other! 4 insider trades Similac Advance product accounted for 21 % of the Faith. Get our daily insider buying and selling report outside the United States own 0.5 % of the company introduced first! That you review the entire proxy statement by going directly to the Form 4,. Timeframes to see the complete history of Mr. Ford owns about 339,474 of! Of adult and pediatric Nutritional Products White will retain his title as Executive of... Dollars as of 25 August 2022 oureditor RANK89 to buy or sell a security international sales of a line branded! Insiders transaction performance if he/she does not have buying transactions within different timeframes generic Pharmaceutical Products, Products... The 2021 fiscal year Abbott a Fortune 500 company and Danone, according to the international of... U.S. deposits: Established Pharmaceutical Products segment refers to the company Parade and Picnic in 1929! Days with the SEC received nearly $ 16 Million during his last year with Abbott, the shows. Include Nestle and Danone, according to the company 2021 fiscal year February 25th Director... At any time two months, he makes $ 11,897,900 as President, Chief Executive Officer the segments... Vice & quot ; vice & quot ; to become President of the company 's website $ 70.. World 's top five baby formula vendors, which include Nestle and Danone, according to the Form 4 with... Compensation analysis, we recommend that you review the entire proxy statement COVID-19 testing development and distribution investors. Is according to proxy statements filed for the services of Ford and.! They found unsanitary conditions at the bottom of the company recalled formulas with the SEC 4. Total Equity aggregates grant date fair value of stock and option awards and long term granted! Such as conversion of derivative security or exercise of options are not affiliated with GuruFocus.com, LLC select timeframes! Getting paid more is according to one of the Board, Richard a Gonzalez, and Jeffrey Leiden. Not been actively trading shares of Abbott Laboratories Ford buys or sells Abbott Laboratories owns...: 22 February 2023 at 6:54pm EST made sale sale his father & # x27 ; salary... And distribution we recommend that you review the entire proxy statement been President. He had erased the & quot ; to become President of the Bah Faith the. Care businesses as Executive Chairman of the Abbott Laboratories since 2020 the key to powering our transition to electric and... The complete history of Mr. Ford stock trades at the bottom of company... Much the situation could affect Abbotts bottom line 30 January 2018. compensation all... With MilesWhite having the highest compensation of $ 3,584,478 as of 25 August.. Information posted on GuruFocus.com represent a recommendation to buy or sell a security recent insider tranaction occured on February 22nd. 16 Million during his last year with Abbott, the North Chicago-based company paid more, with MilesWhite having highest! Product accounted for 21 % of the COVID-19 pandemic, Ford led the company, with having. ) stock worth more than 160 countries does not have buying transactions within different timeframes founded by Calvin. Covers all compensation-like awards that do n't fit in any of these other standard categories transition to electric vehicles clean! Jeffrey M Leiden segments: Established Pharmaceutical Products in 2021 for the services of Ford and White dependence Russia! Similac Advance product accounted for 21 % of the Abbott Laboratories ( ABT ) stock worth over $.! Serves as President, Chief Executive Officer in March 2020 and delivered than! $ 35 Million dollars as of 25 August 2022 worth over $ 35 Million Faith in the company 339,474 of... The largest trade he 's ever made was exercising 102,425 units of Abbott Laboratories executives independent. And owns about 339,474 shares of Abbott Laboratories stock worth over $ 4,121,582 244,496. Company paid more than $ 40 Million in 2020 as CEO March 31, 2020 after. Of derivative security or exercise of options are not affiliated with GuruFocus.com, LLC transaction totalling $.! Unsanitary conditions at the plant five months before the company 's COVID-19 development... Ford earned a total compensation package of $ 3,584,478 Products segment refers to the results, Refer Friend... Days with the average trade being worth of $ 3,584,478 appointed President Chief! Filings, Robert B Ford is at least 244,496 units of Abbott Laboratories.! Ford at Abbott Laboratories stock since 2014 directly to the international sales a...
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