There are 40 older and 3 younger executives at Abbott Laboratories. Robert is currently 12 years old. Missing Crain's in print? He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. It operates through the following segments: Established Pharmaceutical Products, Nutritional Products, Diagnostic Products, and Medical Devices. 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 . Chicago, Illinois Robert Ford's listing in the Class of 2015 student directory identified him as vice president, Abbott Diabetes Care. He joined Abbott's Diagnostics division in 1996 as a Business Unit Manager in Diabetes Care. The shares were sold at an average price of $105.10, for a transaction totalling $10,764,867.50. The estimated net worth of Robert B Ford is at least $35 Million dollars as of 2023-03-01. Sponsored Content: Global Tax Rules Take Shape Whats Next for Multinational Companies? 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. White will step down as CEO March 31, 2020, after a tenure that saw the company's acquisitions . [1] He received a bachelor's degree from Boston College and an MBA in business administration from at Berkeley's Haas School of Business. Move Over Lithium 220 Pounds of Graphite In Every EV Battery. The most recent insider tranaction occured on February, 22nd when SVP Julie L Tyler sold 260 shares worth more than $26,842.40. Abbott Laboratories (ABT)'s detailed insider trading history can be found in Insider Trading Tracker table. 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. GuruFocus tracks the stock performance after each of Robert B Ford's buying transactions within different timeframes. 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. Robert B Ford owns about 339,474 units of Abbott. Chart Data in Insider Trading History Table. On average, Robert trades about 5,882 units every 58 days since 2014. The most active insiders traders include Miles D White, Richard A Gonzalez, and Jeffrey M Leiden. Miles White, who was Abbotts CEO from 1999 until 2020, remained with the company as executive chairman until the end of 2021. 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 gurus listed in this website are not affiliated with GuruFocus.com, LLC. Abbott did not respond to a request for comment. In addition, he makes $11,897,900 as President, Chief Executive Officer, and Director at Abbott Laboratories. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Click here to see the complete history of Robert B Fords form 4 insider trades. He is very close to his sons Finn and Robert Ford. Robert B. Ford Net Worth Mr. Robert B. Ford biography. Get the best business coverage in Chicago, from breaking news to razor-sharp analysis, in print and online. ABBOTT LABORATORIES income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. 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. Robert B Ford around $11 Million. Our 109,000 colleagues serve people in more than 160 countries. the CHAIRMAN AND CEO of Abbott Laboratories and owns about 339,474 shares of Abbott Laboratories (ABT) stock worth over $35 Million. Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. 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 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. In addition, he makes $11,897,900 as President, Chief Executive Officer y Director at Abbott Laboratories. . 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 B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. Share. What is Robert B. Ford's salary? They sold a total of 345,468 shares worth more than $36,920,834.37. 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 Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. They sold a total of 345,468 shares worth more than $36,920,834.37. Other transactions such as conversion of derivative security or exercise of options are not included. Print. Owen's Kids Are Not Allowed To Smoke. 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. ( m. 1998) . 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. Robert B. Ford Net Worth Mr. Robert B. Ford biography. sale He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. Truth is, switching from gas-powered isn't possible without massive amounts of graphite. Previously, he served as President and Chief Operating Officer; and as Executive Vice President, Medical Devices, leading Abbotts Diabetes Care, Cardiovascular and Neuromodulation businesses. Learn More on Abbott Laboratories' active insiders. The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. Learn More on Abbott Laboratories' active insiders. Learn More on Robert B. Ford's trading history. This net worth estimate does not reflect any other investments that Mr. Ford may own. Get notified the next time Robert B. Ford buys or sells Abbott Laboratories stock. Above is the net worth, insider trading, and ownership report for Robert B Ford. There are 40 older and 3 younger executives at Abbott Laboratories. The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. Robert B Ford currently owns a total of 1 of 799,867 shares. ARLINGTON, Va., Oct. 5, 2021 /PRNewswire/ -- The Consumer Technology Association (CTA) today announced that Abbott President and CEO Robert B. Ford will deliver a . Insiders are limited to only officers and/or directors of the company. 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. 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. of 150,000 shares made by Daniel J Starks As of 25 August 2022 he still owns at least 244,496 units of Abbott Laboratories stock. Abbotts Similac Advance product accounted for 21% of the powdered infant formula market share in 2016, according to one of the suits. As the Chairman and Pres & CEO of Abbott Laboratories, the total compensation of Mr Ford at Abbott Laboratories is $5,051,334. 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. [8], At the beginning of the COVID-19 pandemic, Ford led the company's COVID-19 testing development and distribution. The company says it also saw growth in its diagnostics and nutritional products segments. 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). It's unclear exactly how much the situation could affect Abbotts bottom line. As of 25 August 2022 he still owns at least 244,496 units of Abbott Laboratories stock. Staying current is easy with Crain's news delivered straight to your inbox, free of charge. 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. On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. You can select different timeframes to see how Robert B Ford's insider trading performs compared to the benchmark. 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. 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. Chicago, IL 60601 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 estimated Net Worth of Robert B Ford is at least $39.4 Milln dollars as of 25 August 2022. 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 . , Parents of Robert Ford Wilson. Insiders at Abbott Laboratories own 0.5% of the company. sale He subsequently held various positions of increasing responsibility for Abbott's Diagnostics, Nutrition and Diabetes Care businesses. An early adherent of the Bah Faith in the United States, Abbott founded the Bud Billiken Parade and Picnic in August 1929. You can see the complete history of Mr. Ford stock trades at the bottom of the page. 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. Abbott manufactures and markets medical devices, adult and pediatric nutritional products, diagnostic equipment and testing kits, and branded generic drugs. He pulled Abbott's scientists and manufacturing teams off their projects to work on four teams, each focused on specific tests. As Chairman of the Board and Chief Executive Officer at ABBOTT LABORATORIES, Robert B. Ford made $22,159,543 in total compensation. But he collected the same $1.9 million . Last updated: 22 February 2023 at 6:54pm EST. Last updated: 22 February 2023 at 6:54pm EST. Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. 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. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. Abbott Laboratories engages in the discovery, development, manufacture, and sale of a broad and diversified line of health care products. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. Learn More about insider trades at Abbott Laboratories. Abbott is a global healthcare leader that helps people live more fully at all stages of life. He joined Abbott's Diagnostics division in 1996 as a Business Unit Manager in Diabetes Care. Insiders at Abbott Laboratories own 0.5% of the company. Robert B. Ford Net Worth Mr. Robert B. Ford biography Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. Learn More about Robert B. Ford's net worth. 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 oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. This net worth estimate does not reflect any other investments that Mr. Ford may own. Text size. Abbott named current COO Robert Ford its new CEO Wednesday, ushering in the first new chief executive in 21 years. and Click here to get the full experience on your screen. 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. You might contact Robert B Ford via mailing address: 100 Abbott Park Road, Ap6a-2, D-032l, Abbott Park Il 60064-6092. This report is not for commercial use. Mr. Ford owns 142,071 shares of Abbott Laboratories stock worth more than $14,451,462 as of March 1st. 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. 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. See who is leading new copper discoveries and how. Robert B. Ford is an American businessman and the thirteenth chief executive officer at Abbott Laboratories, a publicly-traded medical devices and health care company based in Abbott Park, Illinois. As Chairman of the Board and Chief Executive Officer at ABBOTT LABORATORIES, Robert B. Ford made $22,159,543 in total compensation. Robert's mailing address filed with the SEC is 100 ABBOTT PARK ROAD, , ABBOTT PARK, IL, 60064. Robert has made over 4 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. Investors constantly hear that lithium is the key to powering our transition to electric vehicles and clean energy. All Rights Reserved. Last updated: 1 February 2023 at 11:00am EST. Over the past 18 months, The most recent insider tranaction occured on February, 22nd when SVP Julie L Tyler sold 260 shares worth more than $26,842.40. The website that you have requested also may not be optimized for your screen size. Learn More on Robert B. Ford's trading history. The FDA says two deaths have so far been linked to contaminated Abbott formula. There are 1 executives at Abbott Laboratories getting paid more, with MilesWhite having the highest compensation of $27,802,800. On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. The company introduced its first two tests in March 2020 and delivered more than 400 million in 2020. You may also find the annual proxy statement by going directly to the company's website. 102,425 shares on August 25, 2022, which Our 109,000 colleagues serve people in more than 160 countries. and 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. Within two months, he had erased the "vice" to become president of the division. [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. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. "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. Details can be seen in Robert B Ford's Latest Holdings Summary section. 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 individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Enjoy a 7-Day Free Trial Thru Mar 08, 2023! Robert has made over 4 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. 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. Coronavirus Tips Working and Protection. Most recently he sold 40,802 units of ABT stock worth $2,571,750 on 30 January 2018. . Select a Column Field to add to the results, Refer a Friend and Earn One Month of Free Membership. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. 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. The Established Pharmaceutical Products segment refers to the international sales of a line of branded generic pharmaceutical products. Abbott Laboratories (ABT) This investment adviser does not provide advice to individual investors. Past performance is a poor indicator of future performance. . 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. There are 1 executives at Abbott Laboratories getting paid more, with MilesWhite having the highest compensation of $27,802,800. 2004-2023 GuruFocus.com, LLC. Faith Alexis Ford is an American actress. 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 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. What is the salary of Mr Ford? As the CEO of Abbott Laboratories, Mr. Ford earned a total compensation package of $24,914,886.00 in 2021. GuruFocus.com is not operated by a broker or a dealer. The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. The estimated Net Worth of Robert B Ford is at least $39.1 Million dollars as of 25 August 2022. Information on this page was last updated on 2/22/2023. Abbott Laboratories can also be reached via phone at (224) 667-6100. Robert Nottingham. 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). Robert B. Ford has not been actively trading shares of Abbott Laboratories within the last three months. 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. Previously, he served as President and Chief Operating Officer; and as Executive Vice President, Medical Devices, leading Abbotts Diabetes Care, Cardiovascular and Neuromodulation businesses. Abbott is a global healthcare leader that helps people live more fully at all stages of life. How much does Robert Ford of Abbott make? Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. It operates through the following segments: Established Pharmaceutical Products, Nutritional Products, Diagnostic Products, and Medical Devices. 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 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. 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 1 transactions in Abbott Laboratories (ABT) over the past 5 years, including 0 buys and 1 sells. 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. 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. SENIOR VICE PRESIDENT Christopher J. 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. 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. Markets; Tools Portfolios. 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. RANK89. You can help Wikipedia by expanding it. 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 . Earlier this week, FDA inspectors said they found unsanitary conditions at the plant five months before the company recalled formulas. Only the transactions in Open Market or Private Sale at the market prices are included. 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 Western countries are now scrambling for stable, renewable energy. His 2021 pay was down from $18.8 million in 2020 and $24.67 million in 2019. 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, 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. What is the salary of Mr Ford? 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's mailing address filed with the SEC is 100 ABBOTT PARK ROAD, , ABBOTT PARK, IL, 60064. 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 . But the bigger risk would have been not having these tests to fight the pandemic. Learn More on Robert B. Ford's salary. . This chart shows Mr. Robert B. Ford's buying and selling at Abbott Laboratories by year and by quarter. He joined Abbott's Diagnostics division in 1996 as a Business Unit Manager in Diabetes Care. Source: Pinterest Age And Net Worth . Stock quotes provided by InterActive Data. CEO Miles White will retain his title as executive chairman of the board. The Diagnostic Products segment markets diagnostic systems and tests for blood banks, hospitals, commercial laboratories, and alternate-care testing sites. The company was founded by Wallace Calvin Abbott in 1900 and is headquartered in Abbott Park, IL. The Nutritional Products segment caters to the worldwide sales of adult and pediatric nutritional products. sale 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. 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