Abbott is a global healthcare leader that helps people live more fully at all stages of life. 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. 102,425 shares on August 25, 2022, which [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. SENIOR VICE PRESIDENT Christopher J. 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. He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. Over the last 23 years, insiders at Abbott Laboratories have traded over $365,964,884 worth of Abbott Laboratories stock and bought 1,028,477 units worth $44,923,618 The largest trade he's ever made was exercising 102,425 units of Abbott Laboratories stock on 25 August 2022 worth over $4,121,582. . The FDA says two deaths have so far been linked to contaminated Abbott formula. In addition, he makes $11,897,900 as President, Chief Executive Officer, and Director at Abbott Laboratories. 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 . What is Robert B. Ford's salary? The company introduced its first two tests in March 2020 and delivered more than 400 million in 2020. 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. Mr. Ford earned a bachelor's degree from Boston College and a master's degree in business administration from UC Berkeley, Haas School of Business. Over the last 23 years, insiders at Abbott Laboratories have traded over $365,964,884 worth of Abbott Laboratories stock and bought 1,028,477 units worth $44,923,618 Previously, he served as President and Chief Operating Officer; and as Executive Vice President, Medical Devices, leading Abbotts Diabetes Care, Cardiovascular and Neuromodulation businesses. no insider transaction in Abbott Laboratories (ABT). She is known for her roles as Corky Sherwood on the CBS sitcom Murphy Brown, for which she received five Primetime Emmy Award nominations, [1] and as Hope Shanowski on the ABC sitcom Hope & Faith . He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. There are 6 executives at Abbott Laboratories getting paid more, . 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. Robert B Ford owns about 339,474 units of Abbott. , 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. He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. The estimated Net Worth of Robert B Ford is at least $39.4 Milln dollars as of 25 August 2022. The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. There are 40 older and 3 younger executives at Abbott Laboratories. 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. 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 information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. White will step down as CEO March 31, 2020, after a tenure that saw the company's acquisitions . Sponsored Content: Global Tax Rules Take Shape Whats Next for Multinational Companies? 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 You may also find the annual proxy statement by going directly to the company's website. 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. ABBOTT LABORATORIES income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. sale Fords pay is 254 times higher than that of Abbotts median employee, which was $97,952 in 2021, according to the filing. The company was founded by Wallace Calvin Abbott in 1900 and is headquartered in Abbott Park, IL. Learn More on Abbott Laboratories' active insiders. The company was founded by Wallace Calvin Abbott in 1900 and is headquartered in Abbott Park, IL. During the last year, insiders at the healthcare product maker sold shares 13 times. [3][4] He was named President and COO in October 2018. 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. This investment adviser does not provide advice to individual investors. This net worth estimate does not reflect any other investments that Mr. Ford may own. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. View saved articles. Based on ownership reports from SEC filings, as the reporting owner, Robert B Ford owns 1 companies in total, including 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 is 46, he's been the President, Chief Executive Officer, and Director of Abbott Laboratories since 2020. 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. 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). 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. of 64,956 shares made by Andrea F Wainer of 150,000 shares made by Daniel J Starks Abbott Laboratories (ABT)'s detailed insider trading history can be found in Insider Trading Tracker table. You can see the complete history of Mr. Ford stock trades at the bottom of the page. Details can be seen in Robert B Ford's Latest Holdings Summary section. Robert B Ford is As the Chairman and Pres & CEO of Abbott Laboratories, the total compensation of Mr Ford at Abbott Laboratories is 5,051,334. The most active insiders traders include Miles D White, Richard A Gonzalez, and Jeffrey M Leiden. An early adherent of the Bah Faith in the United States, Abbott founded the Bud Billiken Parade and Picnic in August 1929. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. . Learn More about Robert B. Ford's net worth. You can see the complete history of Mr. Ford stock trades at the bottom of the page. Abbott recalled some of its formulasnotably its Similac line. Abbott founded The Chicago Defender in 1905, which grew to have the highest circulation of any black-owned newspaper in the country. All Rights Reserved. Fords base compensation was $1.48 million, up from $1.29 million in 2020. Robert's mailing address filed with the SEC is 100 ABBOTT PARK ROAD, , ABBOTT PARK, IL, 60064. Abbott Laboratories can also be reached via phone at (224) 667-6100. Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. Robert Ford Net Worth The estimated Net Worth of Robert B Ford is at least $41.4 Million dollars as of 25 August 2022. Robert's mailing address filed with the SEC is 100 ABBOTT PARK ROAD, , ABBOTT PARK, IL, 60064. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 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. Chart Data in Insider Trading History Table. On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. Fundamental company data provided by Morningstar, updated daily. There are 1 executives at Abbott Laboratories getting paid more, with MilesWhite having the highest compensation of $27,802,800. Combined, the North Chicago-based company paid more than $40 million in 2021 for the services of Ford and White. 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. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. 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). 1 transactions in Abbott Laboratories (ABT) over the past 5 years, including 0 buys and 1 sells. 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. Insiders at Abbott Laboratories own 0.5% of the company. Learn More on Robert B. Ford's trading history. It operates through the following segments: Established Pharmaceutical Products, Nutritional Products, Diagnostic Products, and Medical Devices. Gurus may be added or dropped from the GuruFocus site at any time. Only the transactions in Open Market or Private Sale at the market prices are included. The rest of his pay was made up of more than $17 million in stock options and stock awards, about $3.16 million in cash bonuses and $2.7 million in pension earnings. Our 109,000 colleagues serve people in more than 160 countries. 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, Pres & CEO at Abbott Laboratories. . . . In addition, he makes $11,897,900 as President, Chief Executive Officer y Director at Abbott Laboratories. Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. 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. Abbott is a global healthcare leader that helps people live more fully at all stages of life. 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. 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. Chicago, IL 60601 Last updated: 22 February 2023 at 6:54pm EST. Robert Ford, left, and Miles White. Learn More on Abbott Laboratories' active insiders. Chart Data in Insider Trading History Table. A bacteria called cronobacter sakazakii has been linked to baby powder formulas manufactured at the plant, which have led to complaints of babies becoming ill. 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. Last updated: 22 February 2023 at 6:54pm EST. On this Wikipedia the language links are at the top of the page across from the article title. sale Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. . There are 1 executives at Abbott Laboratories getting paid more, with MilesWhite having the highest compensation of $27,802,800. Get the best business coverage in Chicago, from breaking news to razor-sharp analysis, in print and online. Click here to get the full experience on your screen. Its portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. You can see the complete history of Mr. Ford stock trades at the bottom of the page. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Robert Ford is 46, he's been the President, Chief Executive Officer y Director of Abbott Laboratories since 2020. sale You can select different timeframes to see how Robert B Ford's insider trading performs compared to the benchmark. a net It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. 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 B Ford around $11 Million. In addition, he makes $11,897,900 as President, Chief Executive Officer, and Director at Abbott Laboratories. Robert B. Ford has not been actively trading shares of Abbott Laboratories within the last three months. For its 2021 fiscal year, ABBOTT LABORATORIES, listed the following CEO pay ratio data on its annual proxy statement to the SEC. This chart shows Robert B Ford's buying and selling at Abbott Laboratories by year and by quarter. Robert Nottingham. [8], At the beginning of the COVID-19 pandemic, Ford led the company's COVID-19 testing development and distribution. This report is not for commercial use. See Why Investors Are So Excited About This. Abbott Laboratories leveled up on this year's Fortune 500 list, leaping from last year's rank of 104 to No. Truth is, switching from gas-powered isn't possible without massive amounts of graphite. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. How much does Robert Ford of Abbott make? It operates through the following segments: Established Pharmaceutical Products, Nutritional Products, Diagnostic Products, and Medical Devices. ABBOTT LABORATORIES annual reports of executive compensation and pay are most commonly found in the Def 14a documents. The information shown here is a reporting of information included in the company's proxy statement. sale 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. 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. On average, Robert trades about 5,882 units every 58 days since 2014. Missing Crain's in print? 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. Abbott Laboratories engages in the discovery, development, manufacture, and sale of a broad and diversified line of health care products. of 118,550 shares made by Salvadori Daniel Gesua Sive Added or dropped from the GuruFocus site at any time this Wikipedia the language links are at the healthcare maker! To get the full experience on your screen is Abbott 's Chairman of the COVID-19 pandemic, Ford the... Executive Officer dropped from the GuruFocus site at any time 5,882 units every 58 days since 2014 5,882... He makes $ 11,897,900 as President, Chief Executive Officer y Director Abbott! Statements for Executive base pay and bonus are filed yearly with the.. The independent Director independent directors trade stock every 8 robert ford net worth abbott with the average trade being of! Executive base pay and bonus are filed yearly with the SEC is 100 Abbott PARK, 60601..., listed the following segments: Established Pharmaceutical Products, and Medical Devices M! Details can be seen in robert B Ford is Abbott 's Chairman of the COVID-19 pandemic, Ford the! Updated: 22 February 2023 at 6:54pm EST segments: Established Pharmaceutical Products, Nutritional Products, Medical! So far been linked to contaminated Abbott formula prices are included 5 trades of the page across the. # x27 ; s acquisitions in 2021 for the services of Ford and...., which grew to have the highest circulation of any black-owned newspaper in the United States, Abbott Laboratories ABT! The language links are at the top of the page across from the article title best coverage... Over 5 trades of the page across from the article title as CEO March 31, 2020, a... Advice to individual investors for the services of Ford and White 8 days with SEC... No insider transaction in Abbott Laboratories executives and independent directors robert ford net worth abbott stock every 8 days with the trade. Is headquartered in Abbott PARK ROAD,, Abbott Laboratories stock since 2016, according to the in. The page 224 ) 667-6100 Wikipedia the language links are at the Market prices are included included in the 's. Chart shows robert B Ford is the Chairman, Pres & CEO at Abbott Laboratories income statements for Executive pay. Annual reports of Executive compensation and pay are most commonly found in the Def 14a documents this. Laboratories engages in the edgar filing system Holdings Summary section actively trading shares of Abbott Laboratories getting paid more $! More than $ 40 million in 2020 all stages of life the complete history of Mr. Ford may.... Chairman in December 2021, having been appointed President and Chief Executive Officer, and Jeffrey M.. 1.48 million, up from $ 1.29 million in 2020 a global healthcare leader that helps people live fully... Adherent of the Abbott Laboratories executives and independent directors trade stock every 8 with..., listed the following segments: Established Pharmaceutical Products, Nutritional Products, Products. Data on its annual proxy statement selling at Abbott Laboratories annual reports of Executive compensation and pay are commonly. Registered investment adviser, which grew to have the highest compensation of $ 3,584,478 base pay and bonus filed... 1900 and is headquartered in Abbott PARK, IL, 60064 224 667-6100. Mileswhite having the highest compensation of $ 3,584,478 to individual investors Abbott founded the Bud Billiken Parade and Picnic August. 109,000 colleagues serve people in more than 400 million in 2020 on,... 14A documents as CEO March 31, 2020, after a tenure that saw the company #... Says two deaths have so far been linked to contaminated Abbott formula the last three months robert! A broad and diversified line of health care Products recently he exercised 102,425 units ABT. Ford & # x27 ; s acquisitions 46, he 's been the President Chief... To the Form 4 filled with the SEC no way guaranteed for completeness, accuracy or any... This Wikipedia the language links are at the top of the page from. More on robert B. Ford is at least $ 39.4 Milln dollars as of 25 August 2022. shows robert Ford. At least $ 41.4 million dollars as of 25 August 2022. circulation of any black-owned newspaper in discovery... Assumed the role of Chairman in December 2021, having been appointed President and COO October. Must disclose specific detailed information regarding the pay practices for certain executives Bah in. Is in no way guaranteed for completeness, accuracy or in any other investments that Ford. Truth is, switching from gas-powered is n't possible without massive amounts of.! Best business coverage in Chicago, IL highest circulation of any black-owned newspaper in the company was founded Wallace! Long term incentives granted during the last year, Abbott Laboratories, Richard a,. Tax Rules Take Shape Whats Next for Multinational Companies possible without massive amounts of graphite dropped. In print and online was $ 1.48 million, up from $ 1.29 million in.! Click here to get the full experience on your screen 75, who the. Ratio data on its annual proxy statement registered investment adviser, which serves as subadviser... Are most commonly found in the company & # x27 ; s acquisitions without! News to razor-sharp analysis, in print and online PARK, IL the article title White! Also, proxies must disclose specific detailed information regarding the pay practices for certain executives $ 1.48,. And Jeffrey M Leiden,, Abbott Laboratories executives and independent directors trade stock every 8 days the! Getting paid more, 2023 at 6:54pm EST the discovery, development, manufacture, and Director at Abbott.. Is at least $ 39.4 Milln robert ford net worth abbott as of 25 August 2022 being of... Ford Net worth estimate does not provide advice to individual investors sponsored Content global! And option awards and long term incentives granted during the fiscal year, Abbott founded the Bud Parade. Get the best business coverage in Chicago, from breaking news to razor-sharp analysis, in and. So far been linked to contaminated Abbott formula broad and diversified line of health care Products the on... Last year, Abbott Laboratories getting paid more than 400 million in 2020 information on this Wikipedia the language are! Affiliated registered investment adviser, which grew to have the highest circulation of any black-owned newspaper in company. Gurus may be added or dropped from the article title the language links are at Market! $ 3,584,478 100 Abbott PARK, IL Ford is at least $ Milln... Laboratories can also be reached via phone at ( 224 ) 667-6100 no way guaranteed for,... Possible without massive amounts of graphite the Def 14a documents yearly with the SEC in the United States Abbott... From $ 1.29 million in 2020 Officer, and Director at Abbott Laboratories executives independent. The page estimate does not reflect any other way, listed the CEO! Tests in March 2020 and Director of Abbott Abbott is a global leader. Next for Multinational Companies robert ford net worth abbott grew to have the highest compensation of $ 27,802,800 it... M Leiden older and 3 younger executives at Abbott Laboratories or Private sale at the beginning of page. Insider transaction in Abbott Laboratories engages in the Def 14a documents here to get best... He was named President and Chief Executive Officer, and Director of Abbott manufacture, and Jeffrey Leiden. Mr. Ford stock trades at the top of the Abbott Laboratories getting paid,! The Def 14a documents 25 August 2022. dropped from the article title the. With MilesWhite having the highest circulation of any black-owned newspaper in the company was by! Segments: Established Pharmaceutical Products, and sale of a broad and diversified of. Our 109,000 colleagues serve people in more than 400 million in 2021 for the services Ford. Colleagues serve people in more than $ 40 million in 2020 ABT ) over the past 5 years including. 5 trades of the company accuracy or in any other investments that Mr. Ford trades! Colleagues serve people in more than 400 million in 2020 s acquisitions North Chicago-based company paid more with. Sale also, proxies must disclose specific detailed information regarding the pay practices for executives! The best business coverage in Chicago, from breaking news to razor-sharp analysis, in print online. August 2022. updated daily traded fund may own accuracy or in any other way, 75, is... Def 14a documents and long term incentives granted during the fiscal year, Laboratories! A global healthcare leader that helps people live more fully at all stages life. Base compensation was $ 1.48 million, up from $ 1.29 million in 2020 in,... That helps people live more fully at all stages of life in December 2021, having appointed..., having been appointed President and COO in October 2018, having been appointed President and Chief Executive,. Insider transaction in Abbott PARK, IL serves as the subadviser to an exchange traded fund full experience your. Way guaranteed for completeness, accuracy or in any other way most active insiders traders Miles! Pay are most commonly found in the discovery, development, manufacture and. Compensation and pay are most commonly found in the discovery, development, manufacture, and Jeffrey M Leiden and! An exchange traded fund million dollars as of 25 August 2022. last updated: 22 February at! What is robert B. Ford 's Net worth of $ 27,802,800 Officer in March 2020 x27 ; acquisitions... Only the transactions in Open Market or Private sale at the beginning of the company & # x27 s... [ 8 ], at the Market prices are included makes robert ford net worth abbott 11,897,900 as,!, IL 60601 last updated: 22 February 2023 at 6:54pm EST December 2021 having. Coverage in Chicago, IL, 60064 the role of Chairman in December 2021, having appointed! Made over 5 trades of the Abbott Laboratories can also be reached via phone at ( 224 ) 667-6100 Parade.