The Established Pharmaceutical Products segment refers to the international sales of a line of branded generic pharmaceutical products. This chart shows Robert B Ford's buying and selling at Abbott Laboratories by year and by quarter. Abbott Laboratories can also be reached via phone at (224) 667-6100. He is very close to his sons Finn and Robert Ford. Robert Ford made $20,450,586 in total compensation as Director, Chief Executive Officer and President at Abbott Laboratories in . 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 Most Powerful Women In Chicago Business. sale . Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. Abbott derives approximately 60% of sales outside the United States. Senior Vice President Fernando Mateus What is Robert B. Ford's salary? Combined, the North Chicago-based company paid more than $40 million in 2021 for the services of Ford and White. Robert B. Ford has not been actively trading shares of Abbott Laboratories during the last ninety days. Learn More on Robert B. Ford's contact information. Fundamental company data provided by Morningstar, updated daily. 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. 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. . This article about a United States businessperson is a stub. Abbott Laboratories engages in the discovery, development, manufacture, and sale of a broad and diversified line of health care products. In addition, he makes $11,897,900 as President, Chief Executive Officer y Director at Abbott Laboratories. Learn More about insider trades at Abbott Laboratories. of 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 Laboratories (ABT) Information on this page was last updated on 2/22/2023. This information is according to proxy statements filed for the 2021 fiscal year. As the President, Chief Executive Officer, and Director of Abbott Laboratories, the total compensation of Robert Ford at Abbott Laboratories is $11,897,900. . a net Robert B Ford is The company was founded by Wallace Calvin Abbott in 1900 and is headquartered in Abbott Park, IL. stock. 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. Miles White, who was Abbotts CEO from 1999 until 2020, remained with the company as executive chairman until the end of 2021. and stock awards worth $12 million under a long-term incentive plan covering the three-year period ended in 2019. Source: Pinterest Age And Net Worth . Most recently he sold 40,802 units of ABT stock worth $2,571,750 on 30 January 2018. . The most active insiders traders include Miles D White, Richard A Gonzalez y Jeffrey M Leiden. Robert Ford is 46, he's been the President, Chief Executive Officer, and Director of Abbott Laboratories since 2020. The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. It's unclear exactly how much the situation could affect Abbotts bottom line. In addition, he makes $11,897,900 as President, Chief Executive Officer, and Director at Abbott Laboratories. Previously, he served as President and Chief Operating Officer; and as Executive Vice President, Medical Devices, leading Abbotts Diabetes Care, Cardiovascular and Neuromodulation businesses. Get notified the next time Robert B. Ford buys or sells Abbott Laboratories stock. Owen is the father of three children two sons and a daughter. How much does Robert Ford of Abbott make? 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 subsequently held various positions of increasing responsibility for Abbott's Diagnostics, Nutrition and Diabetes Care businesses. 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. of 64,956 shares made by Andrea F Wainer of 150,000 shares made by Daniel J Starks Abbott is also one of the world's top five baby formula vendors, which include Nestle and Danone, according to Bloomberg. On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. 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 Earlier this week, FDA inspectors said they found unsanitary conditions at the plant five months before the company recalled formulas. Robert's mailing address filed with the SEC is 100 ABBOTT PARK ROAD, , ABBOTT PARK, IL, 60064. This net worth estimate does not reflect any other investments that Mr. Ford may own. 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 B Ford currently owns a total of 1 On average, Robert trades about 5,882 units every 58 days since 2014. 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. The estimated Net Worth of Robert B Ford is at least $39.6 Million dollars as of 25 August 2022. He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. Insiders are limited to only officers and/or directors of the company. 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. He joined Abbott's Diagnostics division in 1996 as a Business Unit Manager in Diabetes Care. Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. [12], On December 10, 2021, Ford was elected as chairman of the board for Abbott.[13]. . ABBOTT LABORATORIES income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. On average, Robert trades about 5,882 units every 58 days since 2014. [1] He received a bachelor's degree from Boston College and an MBA in business administration from at Berkeley 's Haas School of Business. Share. The estimated Net Worth of Robert B Ford is at least $39.4 Milln dollars as of 25 August 2022. Abbott CEO Robert Ford 'sorry,' vows to supply 'more baby formula than before recall' By Dean Balsamini May 21, 2022 6:17pm Updated Robert Ford, CEO of of Abbott Laboratories, said in. Enjoy a 7-Day Free Trial Thru Mar 08, 2023! The shares were sold at an average price of $105.10, for a transaction totalling $10,764,867.50. The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. According to the SEC Form 4 filings, Robert B Ford has made a total of . 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. Robert B. Ford has not been actively trading shares of Abbott Laboratories within the last three months. Above is the net worth, insider trading, and ownership report for Robert B Ford. The current estimated net worth of Abbott Laboratories's CHAIRMAN AND CEO, Robert B Ford, is estimated to be about $32.44M . Russia Ignites West's Battle for Energy Independence. The estimated net worth of Robert B. Ford is at least $14.27 million as of August 25th, 2022. , Robert B Ford is the Senior Vice President of Abbott Laboratories. The estimated Net Worth of Robert B Ford is at least $39.1 Million dollars as of 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). 89. . But the bigger risk would have been not having these tests to fight the pandemic. Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. Learn More about Robert B. Ford's net worth. To be detailed, the average return of stocks after 3 months bought by Robert B Ford is 15.4%. Fords base compensation was $1.48 million, up from $1.29 million in 2020. Owen's Kids Are Not Allowed To Smoke. The estimated net worth of Robert B. Ford is at least $14.45 million as of August 25th, 2022. 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. Other recent insider transactions involving Abbott Laboratories (ABT) include Abbott is a global healthcare leader that helps people live more fully at all stages of life. The website you have requested also may not be optimized for your specific screen size. 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. Learn More about insider trades at Abbott Laboratories. Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. Learn More on Robert B. Ford's trading history. As the Chairman and Pres & CEO of Abbott Laboratories, the total compensation of Mr Ford at Abbott Laboratories is $5,051,334. An early adherent of the Bah Faith in the United States, Abbott founded the Bud Billiken Parade and Picnic in August 1929. Robert's mailing address filed with the SEC is 100 ABBOTT PARK ROAD, , ABBOTT PARK, IL, 60064. [5], On March 31, 2020, Ford became the chief executive officer of Abbott Laboratories, elected unanimously by the company's board. Oct 05, 2021, 11:00 ET. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. The most recent insider tranaction occured on February, 22nd when SVP Julie L Tyler sold 260 shares worth more than $26,842.40. 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. of 118,550 shares made by Salvadori Daniel Gesua Sive Staying current is easy with Crain's news delivered straight to your inbox, free of charge. You may also find the annual proxy statement by going directly to the company's website. sale 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 . Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. This net worth estimate does not reflect any other investments that Mr. Ford may own. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. [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. sale Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. . Robert B Ford made [11] In April 2020, Chief Executive recognized Ford for Abbott's response to accessibility for testing. Robert Ford, left, and Miles White. Learn More on Abbott Laboratories' active insiders. [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. Chart Data in Insider Trading History Table. As the President, Chief Executive Officer y Director of Abbott Laboratories, the total compensation of Robert Ford at Abbott Laboratories is $11,897,900. 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. Based on ownership reports from SEC filings, as the reporting owner, Robert B Ford owns 1 companies in total, including Faith Alexis Ford is an American actress. You can see the complete history of Mr. Ford stock trades at the bottom of the page. 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 Now, a little-known exploration company has defined America's largest high-quality graphite deposit near Nome, Alaska. brought 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. . Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. The Nutritional Products segment caters to the worldwide sales of adult and pediatric nutritional products. It operates through the following segments: Established Pharmaceutical Products, Nutritional Products, Diagnostic Products, and Medical Devices. Get notified the next time Robert B. Ford buys or sells Abbott Laboratories stock. Our 109,000 colleagues serve people in more than 160 countries. Within two months, he had erased the "vice" to become president of the division. As the Chairman of Abbott Laboratories, Mr. Ford earned a total compensation package of $24,914,886.00 in 2021. Is Abbott a Fortune 500 company? Enter your email address below to get our daily insider buying and selling report. 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 Net Worth Mr. Robert B. Ford biography. Abbotts Similac Advance product accounted for 21% of the powdered infant formula market share in 2016, according to one of the suits. Mr. Ford owns 142,071 shares of Abbott Laboratories stock worth more than $14,451,462 as of March 1st. 2004-2023 GuruFocus.com, LLC. 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. The Diagnostic Products segment markets diagnostic systems and tests for blood banks, hospitals, commercial laboratories, and alternate-care testing sites. As the President, Chief Executive Officer, and Director of Abbott Laboratories, the total compensation of Robert Ford at Abbott Laboratories is $11,897,900. 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 has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. Parents of Robert Ford Wilson. You might contact Robert B Ford via mailing address: 100 Abbott Park Road, Ap6a-2, D-032l, Abbott Park Il 60064-6092. Select a Column Field to add to the results, Refer a Friend and Earn One Month of Free Membership. 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. They sold a total of 345,468 shares worth more than $36,920,834.37. 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 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. He subsequently held various positions of increasing responsibility for Abbott's Diagnostics, Nutrition and Diabetes Care businesses. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. . ABBOTT LABORATORIES annual reports of executive compensation and pay are most commonly found in the Def 14a documents. White will step down as CEO March 31, 2020, after a tenure that saw the company's acquisitions . Text size. There are 40 older and 3 younger executives at Abbott Laboratories. Other transactions such as conversion of derivative security or exercise of options are not included. Robert Nottingham. 102,425 shares on August 25, 2022, which Transaction Summary of Robert B Ford . Learn More about Robert B. Ford's net worth. Information on this page was last updated on 2/22/2023. On this Wikipedia the language links are at the top of the page across from the article title. [2] 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 most active insiders traders include Miles D White, Richard A Gonzalez, and Jeffrey M Leiden. 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. E-mail oureditor Click here to see the complete history of Robert B Fords form 4 insider trades. As of 25 August 2022 he still owns at least 244,496 units of Abbott Laboratories stock. . The company says it also saw growth in its diagnostics and nutritional products segments. Robert Ford is 46, he's been the President, Chief Executive Officer y Director of Abbott Laboratories since 2020. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. See Why Investors Are So Excited About This. 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. ( m. 1998) . ( m. 1989-1996) . Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. You can see the complete history of Mr. Ford stock trades at the bottom of the page. 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 Nutritional Products segment caters to the worldwide sales of adult and pediatric nutritional products. 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 on Abbott Laboratories' active insiders. This investment adviser does not provide advice to individual investors. The Diagnostic Products segment markets diagnostic systems and tests for blood banks, hospitals, commercial laboratories, and alternate-care testing sites. 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 U.S. invoked the Defense Production Act to jumpstart domestic mining and production of critical minerals such as cobalt, lithium, and rare earths, which the U.S. desperately needs for its military and green tech. As of 25 August 2022 he still owns at least 244,496 units of Abbott Laboratories stock. Learn More on Robert B. Ford's contact information. 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 . Only the transactions in Open Market or Private Sale at the market prices are included. He pulled Abbott's scientists and manufacturing teams off their projects to work on four teams, each focused on specific tests. 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 . Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. Billions could be poured into exploration companies searching for new U.S. deposits. , The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. His 2021 pay was down from $18.8 million in 2020 and $24.67 million in 2019. Robert has made over 4 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. 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 estimated net worth of Robert B Ford is at least $35 Million dollars as of 2023-03-01. Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. Mr. Ford earned a bachelor's degree from Boston College and a master's degree in business administration from UC Berkeley, Haas School of Business. 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 . 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 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. Robert's mailing address filed with the SEC is 100 ABBOTT PARK ROAD, , ABBOTT PARK, IL, 60064. As the Chairman of Abbott Laboratories, Mr. Ford earned a total compensation package of $24,914,886.00 in 2021. You can see the complete history of Mr. Ford stock trades at the bottom of the page. Abbott manufactures and markets medical devices, adult and pediatric nutritional products, diagnostic equipment and testing kits, and branded generic drugs. CEO Miles White will retain his title as executive chairman of the board. 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