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 information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. 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. 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. Putin's invasion of Ukraine has revealed the West's dependence on Russia for their energy needs. Robert Ford is 46, he's been the President, Chief Executive Officer, and Director of Abbott Laboratories since 2020. Learn More on Robert B. Ford's contact information. Abbott is a global healthcare leader that helps people live more fully at all stages of life. 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 . On average, Robert trades about 5,882 units every 58 days since 2014. 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 corporate mailing address for Mr. Ford and other Abbott Laboratories executives is 100 ABBOTT PARK ROAD D-322 AP6D, ABBOTT PARK IL, 60064. He subsequently held various positions of increasing responsibility for Abbott's Diagnostics, Nutrition and Diabetes Care businesses. Abbott Laboratories can also be reached via phone at (224) 667-6100. Parents of Robert Ford Wilson. According to the SEC Form 4 filings, Robert B Ford has made a total of Robert's mailing address filed with the SEC is 100 ABBOTT PARK ROAD, , ABBOTT PARK, IL, 60064. Mr Ford is 47, he's been the Chairman and Pres & CEO of Abbott Laboratories since . This chart shows Mr. Robert B. Ford's buying and selling at Abbott Laboratories by year and by quarter. What is Robert B. Ford's salary? Robert B Ford made 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. He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. Learn More on Robert B. Ford's contact information. E-mail oureditor Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. Most recently, Robert B. Ford sold 102,425 shares of the business's stock in a transaction on Thursday, August 25th. Get the best business coverage in Chicago, from breaking news to razor-sharp analysis, in print and online. The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. Abbott Laboratories engages in the discovery, development, manufacture, and sale of a broad and diversified line of health care products. Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. of 118,550 shares made by Salvadori Daniel Gesua Sive Past performance is a poor indicator of future performance. 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. , Previously, he served as President and Chief Operating Officer, with responsibility for all of the company's operating businesses; and Executive Vice President, Medical Devices, leading our Diabetes Care, Cardiovascular and Neuromodulation businesses. The most active insiders traders include Miles D White, Richard A Gonzalez y Jeffrey M Leiden. 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. Calamari Enter your email address below to get our daily insider buying and selling report. no insider transaction in Abbott Laboratories (ABT). Robert B. Ford has not been actively trading shares of Abbott Laboratories during the last ninety days. Robert B Ford owns about 339,474 units of Abbott. On average, Robert trades about 5,882 units every 58 days since 2014. . . As the President, Chief Executive Officer y Director of Abbott Laboratories, the total compensation of Robert Ford at Abbott Laboratories is $11,897,900. The company was founded by Wallace Calvin Abbott in 1900 and is headquartered in Abbott Park, IL. Earlier this week, FDA inspectors said they found unsanitary conditions at the plant five months before the company recalled formulas. Russia Ignites West's Battle for Energy Independence. Now, dozens of class-action lawsuits have been filed against Abbott by parents of babies who were made ill from the companys formulas. He is very close to his sons Finn and Robert Ford. The company was founded by Wallace Calvin Abbott in 1900 and is headquartered in Abbott Park, IL. For its 2021 fiscal year, ABBOTT LABORATORIES, listed the following CEO pay ratio data on its annual proxy statement to the SEC. stock. Robert B. Ford Net Worth Mr. Robert B. Ford biography. 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 B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. Sponsored Content: Global Tax Rules Take Shape Whats Next for Multinational Companies? Last updated: 22 February 2023 at 6:54pm EST. [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. 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 Ford is 46, he's been the President, Chief Executive Officer, and Director of Abbott Laboratories since 2020. of [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. Click here to get the full experience on your screen. Abbott Laboratories (ABT) This report is not for commercial use. He subsequently held various positions of increasing responsibility for Abbott's Diagnostics, Nutrition and Diabetes Care businesses. 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. Abbott manufactures and markets medical devices, adult and pediatric nutritional products, diagnostic equipment and testing kits, and branded generic drugs. 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. There are 6 executives at Abbott Laboratories getting paid more, . This net worth estimate does not reflect any other investments that Mr. Ford may own. 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 . 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. Our 109,000 colleagues serve people in more than 160 countries. Fords base compensation was $1.48 million, up from $1.29 million in 2020. Abbott named current COO Robert Ford its new CEO Wednesday, ushering in the first new chief executive in 21 years. Chicago, IL 60601 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. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. . 2004-2023 GuruFocus.com, LLC. ( m. 1998) . His latest promotion: Chief Executive Officer at Abbott, a global diversified healthcare company. You can select different timeframes to see how Robert B Ford's insider trading performs compared to the benchmark. 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 . Learn More about Robert B. Ford's net worth. Share. 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. 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. 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. The estimated net worth of Robert B. Ford is at least $14.27 million as of August 25th, 2022. 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. On this Wikipedia the language links are at the top of the page across from the article title. He pulled Abbott's scientists and manufacturing teams off their projects to work on four teams, each focused on specific tests. Markets; Tools Portfolios. Other transactions such as conversion of derivative security or exercise of options are not included. Faith Alexis Ford is an American actress. He joined Abbott's Diagnostics division in 1996 as a Business Unit Manager in Diabetes Care. #HealthyReturns" . 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 on Robert B. Ford's trading history. Robert B Ford is the Senior Vice President of Abbott Laboratories. 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. 89. . Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. There are 40 older and 3 younger executives at Abbott Laboratories. SENIOR VICE PRESIDENT Louis H. Morrone a net The corporate mailing address for Mr. Ford and other Abbott Laboratories executives is 100 ABBOTT PARK ROAD D-322 AP6D, ABBOTT PARK IL, 60064. In 2021, Abbotts COVID-19 testing-related sales totaled about $7.7 billion, up from $3.9 billion in 2020. [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. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. The estimated net worth of Robert B Ford is at least $34 Million dollars as of 2023-02-25. Please note GuruFocus will not track the insiders transaction performance if he/she does not have buying transactions. As the Chairman and Pres & CEO of Abbott Laboratories, the total compensation of Mr Ford at Abbott Laboratories is $5,051,334. [5], On March 31, 2020, Ford became the chief executive officer of Abbott Laboratories, elected unanimously by the company's board. The estimated net worth of Robert B Ford is at least $35 Million dollars as of 2023-03-01. 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 Suite 3200 ( m. 1989-1996) . 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. Insiders at Abbott Laboratories own 0.5% of the company. 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 Diagnostic Products segment markets diagnostic systems and tests for blood banks, hospitals, commercial laboratories, and alternate-care testing sites. Truth is, switching from gas-powered isn't possible without massive amounts of graphite. Information on this page was last updated on 2/22/2023. Abbott Laboratories (ABT)'s detailed insider trading history can be found in Insider Trading Tracker table. Learn More about insider trades at Abbott Laboratories. Learn More about insider trades 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 . Details can be seen in Robert B Ford's Latest Holdings Summary section. Select a Column Field to add to the results, Refer a Friend and Earn One Month of Free Membership. 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 Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Abbott is a global healthcare leader that helps people live more fully at all stages of life. 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 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. 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. Gurus may be added or dropped from the GuruFocus site at any time. The website you have requested also may not be optimized for your specific screen size. Robert Ford is 46, he's been the President, Chief Executive Officer y Director of Abbott Laboratories since 2020. There are 1 executives at Abbott Laboratories getting paid more, with MilesWhite having the highest compensation of $27,802,800. See who is leading new copper discoveries and how. Learn More on Abbott Laboratories' active insiders. Over the past 18 months, The Diagnostic Products segment markets diagnostic systems and tests for blood banks, hospitals, commercial laboratories, and alternate-care testing sites. Robert Ford Net Worth The estimated Net Worth of Robert B Ford is at least $41.4 Million dollars as of 25 August 2022. There are 39 older and 4 younger executives at Abbott Laboratories. [1] He received a bachelor's degree from Boston College and an MBA in business administration from at Berkeley 's Haas School of Business. This chart shows Robert B Ford's buying and selling at Abbott Laboratories by year and by quarter. What is Robert B. Ford's salary? But he collected the same $1.9 million . RANK89. He joined Abbott's Diagnostics division in 1996 as a Business Unit Manager in Diabetes Care. The most-recent trade in Abbott Laboratories is the 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. As the Chairman of Abbott Laboratories, Mr. Ford earned a total compensation package of $24,914,886.00 in 2021. He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. . Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. 1 transactions in Abbott Laboratories (ABT) over the past 5 years, including 0 buys and 1 sells. Our 109,000 colleagues serve people in more than 160 countries. The most active insiders traders include Miles D White, Richard A Gonzalez, and Jeffrey M Leiden. Get notified the next time Robert B. Ford buys or sells Abbott Laboratories stock. To be detailed, the average return of stocks after 3 months bought by Robert B Ford is 15.4%. This investment adviser does not provide advice to individual investors. The information shown here is a reporting of information included in the company's proxy statement. ABBOTT LABORATORIES income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Robert Ford made $20,450,586 in total compensation as Director, Chief Executive Officer and President at Abbott Laboratories in . . Chart Data in Insider Trading History Table. Learn More on Abbott Laboratories' active insiders. He received nearly $16 million during his last year with Abbott, the filing shows. sale , 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. Previously, he served as President and Chief Operating Officer; and as Executive Vice President, Medical Devices, leading Abbotts Diabetes Care, Cardiovascular and Neuromodulation businesses. 130 E. Randolph St. Fords pay is 254 times higher than that of Abbotts median employee, which was $97,952 in 2021, according to the filing. World leaders must find new sources of minerals, such as copper, essential to their transition to energy independence. Abbott is also one of the world's top five baby formula vendors, which include Nestle and Danone, according to Bloomberg. There are 6 executives at Abbott Laboratories getting paid more, with MilesWhite having the highest compensation of $27,802,800. You can see the complete history of Mr. Ford stock trades at the bottom of the page. See Why Investors Are So Excited About This. Print. Within two months, he had erased the "vice" to become president of the division. sale Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. Insiders at Abbott Laboratories own 0.5% of the company. Oct 05, 2021, 11:00 ET. 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. sale Abbott is a global healthcare leader that helps people live more fully at all stages of life. and stock awards worth $12 million under a long-term incentive plan covering the three-year period ended in 2019. Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. Learn More about Robert B. Ford's net worth. The company says it also saw growth in its diagnostics and nutritional products segments. Staying current is easy with Crain's news delivered straight to your inbox, free of charge. It operates through the following segments: Established Pharmaceutical Products, Nutritional Products, Diagnostic Products, and Medical Devices. 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. Abbott founded The Chicago Defender in 1905, which grew to have the highest circulation of any black-owned newspaper in the country. . Other recent insider transactions involving Abbott Laboratories (ABT) include There are 40 older and 3 younger executives at Abbott Laboratories. 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. 102,425 shares on August 25, 2022, which The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. As the Chairman and Pres & CEO of Abbott Laboratories, the total compensation of Mr Ford at Abbott Laboratories is 5,051,334. Track performance, allocation, dividends, and risks . 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 Ford, left, and Miles White. Abbott is a global healthcare leader that helps people live more fully at all stages of life. [1] He received a bachelor's degree from Boston College and an MBA in business administration from at Berkeley's Haas School of Business. On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. Abbott did not respond to a request for comment. 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. As of 25 August 2022 he still owns at least 244,496 units of Abbott Laboratories stock. On average, Robert trades about 5,882 units every 58 days since 2014. Robert B. Ford serves as President, Chief Executive Officer, Director of the Company. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. Robert B Ford is 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. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. Robert has made over 4 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. He joined Abbott's Diagnostics division in 1996 as a Business Unit Manager in Diabetes Care. 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. Abbott Laboratories leveled up on this year's Fortune 500 list, leaping from last year's rank of 104 to No. As of 25 August 2022 he still owns at least 244,496 units of Abbott Laboratories stock. Robert Nottingham. Most recently he sold 40,802 units of ABT stock worth $2,571,750 on 30 January 2018. . abbott net worth. 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 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. His father's net worth is $70 Million. Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. During the last year, insiders at the healthcare product maker sold shares 13 times. 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. Combined, the North Chicago-based company paid more than $40 million in 2021 for the services of Ford and White. sale Enter your email address below to get our daily insider buying and selling report. On 2/22/2023 and how this investment adviser, which grew to have the highest compensation of mr Ford is Chairman... Language links are at the bottom of the Abbott Laboratories during the last year, Abbott getting. Be added or dropped from the article title ushering in the United States, Abbott founded the Chicago Defender 1905! Independent Director of stocks after 3 months bought by Robert B Ford owns about 339,474 units Abbott! 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