Get notified the next time Robert B. Ford buys or sells Abbott Laboratories stock. 102,425 shares on August 25, 2022, which 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 . Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. . What is the salary of Mr Ford? 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. Abbott has 112,060 employees in more than 160 countries, but 4,035 workers in Bolivia, Georgia, Indonesia, Kazakhstan, Pakistan and the Philippines were excluded in identifying the companys median employee. On average, Robert trades about 5,882 units every 58 days since 2014. He pulled Abbott's scientists and manufacturing teams off their projects to work on four teams, each focused on specific tests. Abbott is also one of the world's top five baby formula vendors, which include Nestle and Danone, according to Bloomberg. World leaders must find new sources of minerals, such as copper, essential to their transition to energy independence. Abbott is a global healthcare leader that helps people live more fully at all stages of life. He is very close to his sons Finn and Robert Ford. The most active insiders traders include Miles D White, Richard A Gonzalez, and Jeffrey M Leiden. [11] In April 2020, Chief Executive recognized Ford for Abbott's response to accessibility for testing. , sale Combined, the North Chicago-based company paid more than $40 million in 2021 for the services of Ford and White. 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 shares were sold at an average price of $105.10, for a transaction totalling $10,764,867.50. There are 40 older and 3 younger executives at Abbott Laboratories. He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. 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. . Senior Vice President Fernando Mateus Within two months, he had erased the "vice" to become president of the division. This information is according to proxy statements filed for the 2021 fiscal year. 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 $23,236,900 and over . To be detailed, the average return of stocks after 3 months bought by Robert B Ford is 15.4%. Learn More on Robert B. Ford's trading history. Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. sale Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Learn More about insider trades at Abbott Laboratories. Please note GuruFocus will not track the insiders transaction performance if he/she does not have buying transactions. Abbott is a global healthcare leader that helps people live more fully at all stages of life. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. This article about a United States businessperson is a stub. Our 109,000 colleagues serve people in more than 160 countries. In 2021, Abbotts COVID-19 testing-related sales totaled about $7.7 billion, up from $3.9 billion in 2020. [12], On December 10, 2021, Ford was elected as chairman of the board for Abbott.[13]. As the Chairman of Abbott Laboratories, Mr. Ford earned a total compensation package of $24,914,886.00 in 2021. Click here to get the full experience on your screen. Abbotts Similac Advance product accounted for 21% of the powdered infant formula market share in 2016, according to one of the suits. Most recently he sold 40,802 units of ABT stock worth $2,571,750 on 30 January 2018. . The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. 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 named current COO Robert Ford its new CEO Wednesday, ushering in the first new chief executive in 21 years. Abbott recalled some of its formulasnotably its Similac line. 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. Click below to see everything we have to offer. abbott net worth. Robert B. Ford Net Worth Mr. Robert B. Ford biography Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. 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. As the Chairman and Pres & CEO of Abbott Laboratories, the total compensation of Mr Ford at Abbott Laboratories is 5,051,334. 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 gurus listed in this website are not affiliated with GuruFocus.com, LLC. sale Get notified the next time Robert B. Ford buys or sells Abbott Laboratories stock. 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. Abbott Laboratories (ABT) He subsequently held various positions of increasing responsibility for Abbott's Diagnostics, Nutrition and Diabetes Care businesses. There are 40 older and 3 younger executives at Abbott Laboratories. Abbott founded The Chicago Defender in 1905, which grew to have the highest circulation of any black-owned newspaper in the country. Robert Nottingham. 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 . Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. 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 Robert B. Ford's contact information. Abbott Laboratories (ABT)'s detailed insider trading history can be found in Insider Trading Tracker table. 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. Abbott Laboratories engages in the discovery, development, manufacture, and sale of a broad and diversified line of health care products. This investment adviser does not provide advice to individual investors. Track performance, allocation, dividends, and risks . of 15,460 shares. What is Robert B. Ford's salary? Robert B. Ford serves as President, Chief Executive Officer, Director of the Company. Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. 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. 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. Last updated: 22 February 2023 at 6:54pm EST. [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. Putin's invasion of Ukraine has revealed the West's dependence on Russia for their energy needs. Robert B Ford is the Senior Vice President of Abbott Laboratories. You can select different timeframes to see how Robert B Ford's insider trading performs compared to the benchmark. The Nutritional Products segment caters to the worldwide sales of adult and pediatric nutritional products. There are 1 executives at Abbott Laboratories getting paid more, with MilesWhite having the highest compensation of $27,802,800. Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. [1] He received a bachelor's degree from Boston College and an MBA in business administration from at Berkeley 's Haas School of Business. 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 . SENIOR VICE PRESIDENT Christopher J. a net 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 . Enter your email address below to get our daily insider buying and selling report. Learn More on Robert B. Ford's salary. The website that you have requested also may not be optimized for your screen size. He subsequently held various positions of increasing responsibility for Abbott's Diagnostics, Nutrition and Diabetes Care businesses. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. Mr. Ford owns 142,071 shares of Abbott Laboratories stock worth more than $14,272,453 as of February 25th. Abbott manufactures and markets medical devices, adult and pediatric nutritional products, diagnostic equipment and testing kits, and branded generic drugs. Campion Murphy. Learn More on Abbott Laboratories' active insiders. 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. Other recent insider transactions involving Abbott Laboratories (ABT) include The current estimated net worth of Abbott Laboratories's CHAIRMAN AND CEO, Robert B Ford, is estimated to be about $32.44M . Abbott Laboratories can also be reached via phone at (224) 667-6100. 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. But America hasn't produced any graphite since the 1950s. 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. Source: Pinterest Age And Net Worth . Truth is, switching from gas-powered isn't possible without massive amounts of graphite. 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. Parents of Robert Ford Wilson. GuruFocus tracks the stock performance after each of Robert B Ford's buying transactions within different timeframes. See who is leading new copper discoveries and how. 89. . The estimated Net Worth of Robert B Ford is at least $39.3 Million dollars as of 25 August 2022. Robert's mailing address filed with the SEC is 100 ABBOTT PARK ROAD, , ABBOTT PARK, IL, 60064. 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 owns 339,474 shares of Abbott Laboratories (ABT) as of August 25, 2022, with a value of $35 Million. The Most Powerful Women In Chicago Business. The company introduced its first two tests in March 2020 and delivered more than 400 million in 2020. and 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 information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. 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 . 2004-2023 GuruFocus.com, LLC. The company was founded by Wallace Calvin Abbott in 1900 and is headquartered in Abbott Park, IL. GuruFocus also compares Robert B Ford's trading performance to market benchmark return within the same time period. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. Now, dozens of class-action lawsuits have been filed against Abbott by parents of babies who were made ill from the companys formulas. 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. Chicago, IL 60601 Learn More on Robert B. Ford's contact information. The Diagnostic Products segment markets diagnostic systems and tests for blood banks, hospitals, commercial laboratories, and alternate-care testing sites. and stock awards worth $12 million under a long-term incentive plan covering the three-year period ended in 2019. . Our 109,000 colleagues serve people in more than 160 countries. There are 6 executives at Abbott Laboratories getting paid more, . Insiders at Abbott Laboratories own 0.5% of the company. Learn More on Robert B. Ford's trading history. The Diagnostic Products segment markets diagnostic systems and tests for blood banks, hospitals, commercial laboratories, and alternate-care testing sites. Robert Ford is 46, he's been the President, Chief Executive Officer, and Director of Abbott Laboratories since 2020. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. 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. Coronavirus Tips Working and Protection. . The estimated net worth of Robert B. Ford is at least $14.45 million as of August 25th, 2022. 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. Enjoy a 7-Day Free Trial Thru Mar 08, 2023! Last updated: 22 February 2023 at 6:54pm EST. . The information on this site is in no way guaranteed for completeness, accuracy or in any other way. On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. 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. Other transactions such as conversion of derivative security or exercise of options are not included. . Is Abbott a Fortune 500 company? The estimated Net Worth of Robert B Ford is at least $39.1 Million dollars as of 25 August 2022. 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. 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. Abbott Laboratories engages in the discovery, development, manufacture, and sale of a broad and diversified line of health care products. How much does Robert Ford of Abbott make? The estimated Net Worth of Robert B Ford is at least $39.6 Million dollars as of 25 August 2022. a net 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. Details can be seen in Robert B Ford's Latest Holdings Summary section. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. , In addition, he makes $11,897,900 as President, Chief Executive Officer, and Director at Abbott Laboratories. Now, a little-known exploration company has defined America's largest high-quality graphite deposit near Nome, Alaska. As of 25 August 2022 he still owns at least 244,496 units of Abbott Laboratories stock. CEO Miles White will retain his title as executive chairman of the board. White will step down as CEO March 31, 2020, after a tenure that saw the company's acquisitions . Robert B. Ford Net Worth Mr. Robert B. Ford biography. ARLINGTON, Va., Oct. 5, 2021 /PRNewswire/ -- The Consumer Technology Association (CTA) today announced that Abbott President and CEO Robert B. Ford will deliver a . Robert B Ford made Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. Learn More on Robert B. Ford's contact information. But the bigger risk would have been not having these tests to fight the pandemic. 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. Print. 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. It operates through the following segments: Established Pharmaceutical Products, Nutritional Products, Diagnostic Products, and Medical Devices. [2] Russia Ignites West's Battle for Energy Independence. sale This net worth estimate does not reflect any other investments that Mr. Ford may own. Mr. Ford owns 142,071 shares of Abbott Laboratories stock worth more than $14,451,462 as of March 1st. Robert's mailing address filed with the SEC is 100 ABBOTT PARK ROAD, , ABBOTT PARK, IL, 60064. Robert B Ford currently owns a total of 1 sale Most recently, Robert B. Ford sold 102,425 shares of the business's stock in a transaction on Thursday, August 25th. There are 39 older and 4 younger executives at Abbott Laboratories. He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. You may also find the annual proxy statement by going directly to the company's website. Information on this page was last updated on 2/22/2023. All proxy statements are public filings made available to the general public by the SEC. sale Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. [8], At the beginning of the COVID-19 pandemic, Ford led the company's COVID-19 testing development and distribution. 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 oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. 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). Oct 05, 2021, 11:00 ET. and ( m. 1998) . They sold a total of 345,468 shares worth more than $36,920,834.37. Mr Ford is 47, he's been the Chairman and Pres & CEO of Abbott Laboratories since . There are no executives at Abbott Laboratories getting paid more. The most-recent trade in Abbott Laboratories is the It's unclear exactly how much the situation could affect Abbotts bottom line. 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. As Chairman of the Board and Chief Executive Officer at ABBOTT LABORATORIES, Robert B. Ford made $22,159,543 in total compensation. 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's mailing address filed with the SEC is 100 ABBOTT PARK ROAD, , ABBOTT PARK, IL, 60064. 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. 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 . Insiders at Abbott Laboratories own 0.5% of the company. He joined Abbott's Diagnostics division in 1996 as a Business Unit Manager in Diabetes Care. of 799,867 shares. Billions could be poured into exploration companies searching for new U.S. deposits. 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. , You can see the complete history of Mr. Ford stock trades at the bottom of the page. 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. Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. ( m. 1989-1996) . 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. Abbott is a global healthcare leader that helps people live more fully at all stages of life. 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). On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. 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. Thorough reviews have been conducted to assure this data accurately reflects disclosures. Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. 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. As the Chairman and Pres & CEO of Abbott Laboratories, the total compensation of Mr Ford at Abbott Laboratories is $5,051,334. Owen's Kids Are Not Allowed To Smoke. Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. He will become the 13th CEO in the company's 131-year history. In addition, he makes $11,897,900 as President, Chief Executive Officer, and Director at Abbott Laboratories. 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 Missing Crain's in print? 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. Investors constantly hear that lithium is the key to powering our transition to electric vehicles and clean energy. Only the transactions in Open Market or Private Sale at the market prices are included. The Established Pharmaceutical Products segment refers to the international sales of a line of branded generic pharmaceutical products. Last updated: 22 February 2023 at 6:54pm EST. Abbott derives approximately 60% of sales outside the United States. 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. What is Robert B. Ford's salary? His father's net worth is $70 Million. On this Wikipedia the language links are at the top of the page across from the article title. Learn More on Robert B. Ford's trading history. Western countries are now scrambling for stable, renewable energy. the total compensation of Mr Ford at Abbott Laboratories is $5,051,334. Robert B. Ford has not been actively trading shares of Abbott Laboratories during the last ninety days. In 21 years than $ 40 million in 2021 for the 2021 fiscal.! Abbotts bottom line the companys formulas shareholder in Advance of the company ]! Powering our transition to energy independence 345,468 shares worth more than $ as! Company 's robert ford net worth abbott testing development and distribution $ 11,897,900 as President, Chief Executive recognized Ford for Abbott response! 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