[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. Abbott is a global healthcare leader that helps people live more fully at all stages of life. 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. Robert B. Ford has not been actively trading shares of Abbott Laboratories within the last three months. Robert Ford is 46, he's been the President, Chief Executive Officer y Director of Abbott Laboratories since 2020. Senior Vice President Fernando Mateus Robert B. Ford serves as President, Chief Executive Officer, Director of the Company. As of 25 August 2022 he still owns at least 244,496 units of Abbott Laboratories stock. The information shown here is a reporting of information included in the company's proxy statement. 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. This net worth estimate does not reflect any other investments that Mr. Ford may own. Robert Ford Net Worth The estimated Net Worth of Robert B Ford is at least $41.4 Million dollars as of 25 August 2022. The estimated net worth of Robert B Ford is at least $35 Million dollars as of 2023-03-01. 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. Abbott Laboratories can also be reached via phone at (224) 667-6100. 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 Enter your email address below to get our daily insider buying and selling report. As the Chairman and Pres & CEO of Abbott Laboratories, the total compensation of Mr Ford at Abbott Laboratories is $5,051,334. Abbott is a global healthcare leader that helps people live more fully at all stages of life. no insider transaction in Abbott Laboratories (ABT). Chicago, Illinois Robert Ford's listing in the Class of 2015 student directory identified him as vice president, Abbott Diabetes Care. The shares were sold at an average price of $105.10, for a transaction totalling $10,764,867.50. Abbott is also one of the world's top five baby formula vendors, which include Nestle and Danone, according to Bloomberg. 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 Established Pharmaceutical Products segment refers to the international sales of a line of branded generic pharmaceutical products. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. . As the CEO of Abbott Laboratories, Mr. Ford earned a total compensation package of $24,914,886.00 in 2021. Based on ownership reports from SEC filings, as the reporting owner, Robert B Ford owns 1 companies in total, including Transaction Summary of Robert B Ford Share. What is the salary of Mr Ford? In addition, he makes $11,897,900 as President, Chief Executive Officer, and Director at Abbott Laboratories. Information on this page was last updated on 2/22/2023. , [3][4] He was named President and COO in October 2018. [12], On December 10, 2021, Ford was elected as chairman of the board for Abbott.[13]. 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. Text size. Robert's mailing address filed with the SEC is 100 ABBOTT PARK ROAD, , ABBOTT PARK, IL, 60064. 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. He subsequently held various positions of increasing responsibility for Abbott's Diagnostics, Nutrition and Diabetes Care businesses. 2004-2023 GuruFocus.com, LLC. 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 Diagnostic Products segment markets diagnostic systems and tests for blood banks, hospitals, commercial laboratories, and alternate-care testing sites. Insiders are limited to only officers and/or directors of the company. Abbott did not respond to a request for comment. 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. Chairman of the Board and Chief Executive Officer. 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 . [11] In April 2020, Chief Executive recognized Ford for Abbott's response to accessibility for testing. This chart shows Mr. Robert B. Ford's buying and selling at Abbott Laboratories by year and by quarter. sale Abbott Laboratories can also be reached via phone at (224) 667-6100. , . In addition, he makes $11,897,900 as President, Chief Executive Officer, and Director at Abbott Laboratories. This article about a United States businessperson is a stub. of 150,000 shares made by Daniel J Starks He subsequently held various positions of increasing responsibility for Abbott's Diagnostics, Nutrition and Diabetes Care businesses. Move Over Lithium 220 Pounds of Graphite In Every EV Battery. What is Robert B. Ford's salary? You can select different timeframes to see how Robert B Ford's insider trading performs compared to the benchmark. Now, a little-known exploration company has defined America's largest high-quality graphite deposit near Nome, Alaska. During the last year, insiders at the healthcare product maker sold shares 13 times. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Our 109,000 colleagues serve people in more than 160 countries. The largest trade he's ever made was exercising 102,425 units of Abbott Laboratories stock on 25 August 2022 worth over $4,121,582. Robert has made over 4 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. 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. The largest trade he's ever made was exercising 102,425 units of Abbott Laboratories stock on 25 August 2022 worth over $4,121,582. Robert B. Ford serves as President, Chief Executive Officer, Director of the Company. 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). Learn More on Robert B. Ford's trading history. Abbott Laboratories engages in the discovery, development, manufacture, and sale of a broad and diversified line of health care products. 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. Robert B Ford is the Senior Vice President of Abbott Laboratories. 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. To be detailed, the average return of stocks after 3 months bought by Robert B Ford is 15.4%. 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. Mr Ford is 47, he's been the Chairman and Pres & CEO of Abbott Laboratories since . The Established Pharmaceutical Products segment refers to the international sales of a line of branded generic pharmaceutical products. 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. 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. There are 40 older and 3 younger executives at Abbott Laboratories. World leaders must find new sources of minerals, such as copper, essential to their transition to energy independence. 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. Last updated: 22 February 2023 at 6:54pm EST. of Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. 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's mailing address filed with the SEC is 100 ABBOTT PARK ROAD, , ABBOTT PARK, IL, 60064. Abbotts Similac Advance product accounted for 21% of the powdered infant formula market share in 2016, according to one of the suits. Robert is currently 12 years old. Robert B. Ford Net Worth Mr. Robert B. Ford biography. Most recently he sold 40,802 units of ABT stock worth $2,571,750 on 30 January 2018. . The Nutritional Products segment caters to the worldwide sales of adult and pediatric nutritional products. 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 ( m. 1998) . It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. CEO Miles White will retain his title as executive chairman of the board. SENIOR VICE PRESIDENT Christopher J. Abbott is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement of the linked site by Abbott. The estimated Net Worth of Robert B Ford is at least $39.4 Milln dollars as of 25 August 2022. The estimated net worth of Robert B Ford is at least $34 Million dollars as of 2023-02-25. Staying current is easy with Crain's news delivered straight to your inbox, free of charge. The most recent insider tranaction occured on February, 22nd when SVP Julie L Tyler sold 260 shares worth more than $26,842.40. 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. Within two months, he had erased the "vice" to become president of the division. Western countries are now scrambling for stable, renewable energy. a net Most recently he sold 40,802 units of ABT stock worth $2,571,750 on 30 January 2018. . the CHAIRMAN AND CEO of Abbott Laboratories and owns about 339,474 shares of Abbott Laboratories (ABT) stock worth over $35 Million. 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). 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 . Track performance, allocation, dividends, and risks . He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. 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 net worth. Owen is the father of three children two sons and a daughter. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Billions could be poured into exploration companies searching for new U.S. deposits. 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. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. As of 25 August 2022 he still owns at least 244,496 units of Abbott Laboratories stock. . 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. 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 recalled some of its formulasnotably its Similac line. The estimated Net Worth of Robert B Ford is at least $39.1 Million dollars as of 25 August 2022. His father's net worth is $70 Million. 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. 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. [2] The website that you have requested also may not be optimized for your screen size. 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. 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 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. He joined Abbott's Diagnostics division in 1996 as a Business Unit Manager in Diabetes Care. Learn More on Robert B. Ford's contact information. Learn More about insider trades 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. . Oct 05, 2021, 11:00 ET. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. and His 2021 pay was down from $18.8 million in 2020 and $24.67 million in 2019. As the President, Chief Executive Officer, and Director of Abbott Laboratories, the total compensation of Robert Ford at Abbott Laboratories is $11,897,900. Chicago, IL 60601 On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. 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 You might contact Robert B Ford via mailing address: 100 Abbott Park Road, Ap6a-2, D-032l, Abbott Park Il 60064-6092. Robert B Ford owns about 339,474 units of Abbott. . Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. Combined, the North Chicago-based company paid more than $40 million in 2021 for the services of Ford and White. Robert B Ford is 1 transactions in Abbott Laboratories (ABT) over the past 5 years, including 0 buys and 1 sells. Abbott Laboratories (ABT) , Fundamental company data provided by Morningstar, updated daily. Click here to get the full experience on your screen. Robert B. Ford Net Worth Mr. Robert B. Ford biography Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. For its 2021 fiscal year, ABBOTT LABORATORIES, listed the following CEO pay ratio data on its annual proxy statement to the SEC. brought and He pulled Abbott's scientists and manufacturing teams off their projects to work on four teams, each focused on specific tests. Information on this page was last updated on 2/22/2023. You can see the complete history of Mr. Ford stock trades at the bottom of the page. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. Get notified the next time Robert B. Ford buys or sells Abbott Laboratories stock. Learn More on Robert B. Ford's salary. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. 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 Cash Compensation information is comprised of yearly Base Pay and Bonuses. He is very close to his sons Finn and Robert Ford. sale Robert B Ford owns 339,474 shares of Abbott Laboratories (ABT) as of August 25, 2022, with a value of $35 Million. This report is not for commercial use. Suite 3200 Insiders at Abbott Laboratories own 0.5% of the company. Learn More on Abbott Laboratories' active insiders. Our 109,000 colleagues serve people in more than 160 countries. Mr. Ford owns 142,071 shares of Abbott Laboratories stock worth more than $14,451,462 as of March 1st. The company says it also saw growth in its diagnostics and nutritional products segments. 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. You can see the complete history of Mr. Ford stock trades at the bottom of the page. The company was founded by Wallace Calvin Abbott in 1900 and is headquartered in Abbott Park, IL. Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. 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. ABBOTT LABORATORIES income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Chairman and Chief Executive Officer Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. According to the SEC Form 4 filings, Robert B Ford has made a total of Other transactions such as conversion of derivative security or exercise of options are not included. . Print. The current estimated net worth of Abbott Laboratories's CHAIRMAN AND CEO, Robert B Ford, is estimated to be about $32.44M . 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. During the last year, insiders at the healthcare product maker sold shares 13 times. 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