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In addition, he makes $11,897,900 as President, Chief Executive Officer, and Director at Abbott Laboratories. The current estimated net worth of Abbott Laboratories's CHAIRMAN AND CEO, Robert B Ford, is estimated to be about $32.44M . SENIOR VICE PRESIDENT Christopher J. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. . The most active insiders traders include Miles D White, Richard A Gonzalez y Jeffrey M Leiden. Putin's invasion of Ukraine has revealed the West's dependence on Russia for their energy needs. 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. Information on this page was last updated on 2/22/2023. Robert Ford is 46, he's been the President, Chief Executive Officer, and Director of Abbott Laboratories since 2020. Please note GuruFocus will not track the insiders transaction performance if he/she does not have buying transactions. There are 6 executives at Abbott Laboratories getting paid more, with MilesWhite having the highest compensation of $27,802,800. It operates through the following segments: Established Pharmaceutical Products, Nutritional Products, Diagnostic Products, and Medical Devices. The website you have requested also may not be optimized for your specific screen size. 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. sale As the President, Chief Executive Officer, and Director of Abbott Laboratories, the total compensation of Robert Ford at Abbott Laboratories is $11,897,900. Western countries are now scrambling for stable, renewable energy. Abbott is a global healthcare leader that helps people live more fully at all stages of life. 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 about Robert B. Ford's 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. Only the transactions in Open Market or Private Sale at the market prices are included. All proxy statements are public filings made available to the general public by the SEC. 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 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 chart shows Robert B Ford's buying and selling at Abbott Laboratories by year and by quarter. Learn More on Robert B. Ford's salary. . Learn More on Robert B. Ford's trading history. The most-recent trade in Abbott Laboratories is the Most recently he sold 40,802 units of ABT stock worth $2,571,750 on 30 January 2018. . 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. ABBOTT LABORATORIES income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. 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 has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. As the Chairman and Pres & CEO of Abbott Laboratories, the total compensation of Mr Ford at Abbott Laboratories is $5,051,334. He joined Abbott's Diagnostics division in 1996 as a Business Unit Manager in Diabetes Care. His latest promotion: Chief Executive Officer at Abbott, a global diversified healthcare company. Calamari But America hasn't produced any graphite since the 1950s. Earlier this week, FDA inspectors said they found unsanitary conditions at the plant five months before the company recalled formulas. Track performance, allocation, dividends, and risks . Robert's mailing address filed with the SEC is 100 ABBOTT PARK ROAD, , ABBOTT PARK, IL, 60064. Abbott founded The Chicago Defender in 1905, which grew to have the highest circulation of any black-owned newspaper in the country. Share. This information is according to proxy statements filed for the 2021 fiscal year. Robert Ford is 46, he's been the President, Chief Executive Officer y Director of Abbott Laboratories since 2020. Within two months, he had erased the "vice" to become president of the division. You can see the complete history of Mr. Ford stock trades at the bottom of the page. sale Billions could be poured into exploration companies searching for new U.S. deposits. Abbott Laboratories (ABT)'s detailed insider trading history can be found in Insider Trading Tracker table. [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. Robert B. Ford has not been actively trading shares of Abbott Laboratories within the last three months. ( m. 1998) . This report is not for commercial use. 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. An early adherent of the Bah Faith in the United States, Abbott founded the Bud Billiken Parade and Picnic in August 1929. 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 . Sponsored Content: Global Tax Rules Take Shape Whats Next for Multinational Companies? 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. [1] He received a bachelor's degree from Boston College and an MBA in business administration from at Berkeley 's Haas School of Business. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. During the last year, insiders at the healthcare product maker sold shares 13 times. 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 . 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. 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. 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 [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. Stock quotes provided by InterActive Data. You might contact Robert B Ford via mailing address: 100 Abbott Park Road, Ap6a-2, D-032l, Abbott Park Il 60064-6092. and stock awards worth $12 million under a long-term incentive plan covering the three-year period ended in 2019. . Robert B. Ford serves as President, Chief Executive Officer, Director of the Company. Abbott manufactures and markets medical devices, adult and pediatric nutritional products, diagnostic equipment and testing kits, and branded generic drugs. Click here to get the full experience on your screen. The estimated net worth of Robert B Ford is at least $35 Million dollars as of 2023-03-01. Source: Pinterest Age And Net Worth . Markets; Tools Portfolios. The most recent insider tranaction occured on February, 22nd when SVP Julie L Tyler sold 260 shares worth more than $26,842.40. Other recent insider transactions involving Abbott Laboratories (ABT) include He joined Abbott's Diagnostics division in 1996 as a Business Unit Manager in Diabetes Care. Get notified the next time Robert B. Ford buys or sells Abbott Laboratories stock. , Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The most recent stock trade was executed by Julie L. Tyler on 17 February 2023, trading 260 units of ABT stock currently worth $26,842. Learn More about insider trades at Abbott Laboratories. 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. He subsequently held various positions of increasing responsibility for Abbott's Diagnostics, Nutrition and Diabetes Care businesses. He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. Last updated: 22 February 2023 at 6:54pm EST. Chairman and Chief Executive Officer Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. Learn More on Abbott Laboratories' active insiders. The most active insiders traders include Miles D White, Richard A Gonzalez, and Jeffrey M Leiden. Abbott has hit some hurdles in its nutritional products segment since the U.S. Food & Drug Administration and the U.S. Centers for Disease Control & Prevention opened an investigation in February into the companys production of baby powder formulas at a Sturgis, Mich., manufacturing plant. 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. Billions could be poured into exploration companies searching for new U.S. deposits. The estimated net worth of Robert B Ford is at least $34 Million dollars as of 2023-02-25. There are 40 older and 3 younger executives at Abbott Laboratories. 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. What is Robert B. Ford's salary? How much does Robert Ford of Abbott make? 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 On average, Robert trades about 5,882 units every 58 days since 2014. The company says it also saw growth in its diagnostics and nutritional products segments. The Nutritional Products segment caters to the worldwide sales of adult and pediatric nutritional products. 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. Campion Murphy. [1] He received a bachelor's degree from Boston College and an MBA in business administration from at Berkeley's Haas School of Business. GuruFocus also compares Robert B Ford's trading performance to market benchmark return within the same time period. Our 109,000 colleagues serve people in more than 160 countries. Abbott Laboratories leveled up on this year's Fortune 500 list, leaping from last year's rank of 104 to No. Mr. Ford earned a salary of $1,482,692.00, stock awards of $8,689,294.00, options awards of $8,689,978.00, non-equity compensation of $3,168,400.00, and other compensation of $129,179.00. Robert Ford Net Worth The estimated Net Worth of Robert B Ford is at least Abbott Laboratories stock worth over $5,687,137 and over the . He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. and You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). He subsequently held various positions of increasing responsibility for Abbott's Diagnostics, Nutrition and Diabetes Care businesses. 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. Abbott recalled some of its formulasnotably its Similac line. Fundamental company data provided by Morningstar, updated daily. You can select different timeframes to see how Robert B Ford's insider trading performs compared to the benchmark. 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. Information on this page was last updated on 2/22/2023. Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. There are 1 executives at Abbott Laboratories getting paid more, with MilesWhite having the highest compensation of $27,802,800. [11] In April 2020, Chief Executive recognized Ford for Abbott's response to accessibility for testing. Robert's mailing address filed with the SEC is 100 ABBOTT PARK ROAD, , ABBOTT PARK, IL, 60064. 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. But the bigger risk would have been not having these tests to fight the pandemic. 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. On average, Robert trades about 5,882 units every 58 days since 2014. [2] Abbott Laboratories (ABT) Learn More on Abbott Laboratories' active insiders. 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 . ( m. 1989-1996) . The most active insiders traders include Miles D White, Richard A Gonzalez, and Jeffrey M Leiden. Missing Crain's in print? , 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. a net But he collected the same $1.9 million . 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. . 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. ABBOTT LABORATORIES annual reports of executive compensation and pay are most commonly found in the Def 14a documents. 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. of Transaction Summary of Robert B Ford "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. The Established Pharmaceutical Products segment refers to the international sales of a line of branded generic pharmaceutical products. Print. Learn More on Abbott Laboratories' active insiders. Faith Alexis Ford is an American actress. 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. During the last year, insiders at the healthcare product maker sold shares 13 times. There are 6 executives at Abbott Laboratories getting paid more, . What is the salary of Mr Ford? Learn More on Robert B. Ford's contact information. Now, dozens of class-action lawsuits have been filed against Abbott by parents of babies who were made ill from the companys formulas. 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 of 118,550 shares made by Salvadori Daniel Gesua Sive In addition, he makes $11,897,900 as President, Chief Executive Officer, and Director at Abbott Laboratories. Truth is, switching from gas-powered isn't possible without massive amounts of graphite. [12], On December 10, 2021, Ford was elected as chairman of the board for Abbott.[13]. See who is leading new copper discoveries and how. 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. 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 . The company introduced its first two tests in March 2020 and delivered more than 400 million in 2020. Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. Mr Ford is 47, he's been the Chairman and Pres & CEO of Abbott Laboratories since . 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 is also one of the world's top five baby formula vendors, which include Nestle and Danone, according to Bloomberg. There are 40 older and 3 younger executives at Abbott Laboratories. On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. 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. Learn More on Robert B. Ford's contact information. SENIOR VICE PRESIDENT Louis H. Morrone However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Combined, the North Chicago-based company paid more than $40 million in 2021 for the services of Ford and White. Abbott is a global healthcare leader that helps people live more fully at all stages of life. Click here to see the complete history of Robert B Fords form 4 insider trades. 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. 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. the total compensation of Mr Ford at Abbott Laboratories is $5,051,334. Parents of Robert Ford Wilson. Select a Column Field to add to the results, Refer a Friend and Earn One Month of Free Membership. Robert B Ford owns about 339,474 units of Abbott. 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. Thorough reviews have been conducted to assure this data accurately reflects disclosures. a net 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 oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. a net Chicago, IL 60601 Other key executives at Abbott Laboratories include 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 trading history. . Robert B. Ford Net Worth Mr. Robert B. Ford biography. He is very close to his sons Finn and Robert Ford. Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. 1-877-812-1590, Veradigm says software glitch inflated revenue reports, Ascension nurses seek class-action status over unpaid wages, Pritzker launches children's behavioral health initiative. As the Chairman and Pres & CEO of Abbott Laboratories, the total compensation of Mr Ford at Abbott Laboratories is 5,051,334. You may also find the annual proxy statement by going directly to the company's website. . Abbott Laboratories engages in the discovery, development, manufacture, and sale of a broad and diversified line of health care products. 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. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. 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. You can see the complete history of Mr. Ford stock trades at the bottom of the page. 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. There are 1 executives at Abbott Laboratories getting paid more, with MilesWhite having the highest compensation of $27,802,800. There are no executives at Abbott Laboratories getting paid more. Here's who topped Crain's latest lists of highest-paid execs, Motorola Solutions' Greg Brown is cashing in some of his chips, Target and Solo Cup are opening huge warehouses in the southwest suburbs, Widow of Richard Duchossois selling Inverness home, Four ways to get Michael Jordan's mansion sold at last, State Farm posts record $6.7 billion loss as inflation takes a toll, Walgreens Boots Alliance plans partial HQ sale. Chairman of the Board and Chief Executive Officer. Robert B Ford owns 339,474 shares of Abbott Laboratories (ABT) as of August 25, 2022, with a value of $35 Million. Chart Data in Insider Trading History Table. 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. Of its formulasnotably its Similac line Executive base pay and bonus are filed yearly with the SEC in edgar! Full experience on your screen have requested also may not be optimized for your screen... Stock on 25 August 2022 worth over $ 4,121,582 your specific screen size Executive... Executive base pay and bonus are filed yearly with the average trade being worth Robert... In March 2020, Under no circumstances does any information posted on represent... $ 4,121,582 this data accurately reflects disclosures February, 22nd when SVP Julie L sold... Also compares Robert B Fords Form 4 filled with the SEC in the Def 14a documents biography. Abbott, a global healthcare leader that helps people live more fully at stages... 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