The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. Other recent insider transactions involving Abbott Laboratories (ABT) include Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. 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. But the bigger risk would have been not having these tests to fight the pandemic. [1] He received a bachelor's degree from Boston College and an MBA in business administration from at Berkeley 's Haas School of Business. He subsequently held various positions of increasing responsibility for Abbott's Diagnostics, Nutrition and Diabetes Care businesses. He joined Abbott's Diagnostics division in 1996 as a Business Unit Manager in Diabetes Care. 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. An early adherent of the Bah Faith in the United States, Abbott founded the Bud Billiken Parade and Picnic in August 1929. Robert B Ford is Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. Click here to get the full experience on your screen. The most active insiders traders include Miles D White, Richard A Gonzalez y Jeffrey M Leiden. See who is leading new copper discoveries and how. the total compensation of Mr Ford at Abbott Laboratories is $5,051,334. There are 40 older and 3 younger executives at Abbott Laboratories. As of 25 August 2022 he still owns at least 244,496 units of Abbott Laboratories stock. Now, a little-known exploration company has defined America's largest high-quality graphite deposit near Nome, Alaska. Robert's mailing address filed with the SEC is 100 ABBOTT PARK ROAD, , ABBOTT PARK, IL, 60064. The estimated Net Worth of Robert B Ford is at least $39.4 Milln dollars as of 25 August 2022. 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. His father's net worth is $70 Million. Last updated: 22 February 2023 at 6:54pm EST. Move Over Lithium 220 Pounds of Graphite In Every EV Battery. Robert Ford made $20,450,586 in total compensation as Director, Chief Executive Officer and President at Abbott Laboratories in . The corporate mailing address for Mr. Ford and other Abbott Laboratories executives is 100 ABBOTT PARK ROAD D-322 AP6D, ABBOTT PARK IL, 60064. Owen's Kids Are Not Allowed To Smoke. 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 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. GuruFocus.com is not operated by a broker or a dealer. As the Chairman and Pres & CEO of Abbott Laboratories, the total compensation of Mr Ford at Abbott Laboratories is $5,051,334. Abbott did not respond to a request for comment. On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. ABBOTT LABORATORIES income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Abbott Laboratories engages in the discovery, development, manufacture, and sale of a broad and diversified line of health care products. 2004-2023 GuruFocus.com, LLC. 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 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. There are 40 older and 3 younger executives at Abbott Laboratories. 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. Mr. Ford owns over 102,425 units of Abbott Laboratories stock worth over $24,562,068 and over the last 9 years he sold ABT stock worth over $2,638,762. [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. 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. Most recently he sold 40,802 units of ABT stock worth $2,571,750 on 30 January 2018. . Chart Data in Insider Trading History Table. 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. As of 25 August 2022 he still owns at least 244,496 units of Abbott Laboratories stock. All proxy statements are public filings made available to the general public by the SEC. Mr. Ford earned a bachelor's degree from Boston College and a master's degree in business administration from UC Berkeley, Haas School of Business. 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. Chairman of the Board and Chief Executive Officer. No use of any Abbott trademark, trade name, or trade dress in this site may be made without the prior written authorization of Abbott, except to identify the product or services of the company. Robert B. Ford Net Worth Mr. Robert B. Ford biography. 130 E. Randolph St. During the last year, insiders at the healthcare product maker sold shares 13 times. , Learn More on Robert B. Ford's trading history. 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. The estimated Net Worth of Robert B Ford is at least $39.3 Million dollars as of 25 August 2022. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. Robert Ford Net Worth The estimated Net Worth of Robert B Ford is at least $41.4 Million dollars as of 25 August 2022. In addition, he makes $11,897,900 as President, Chief Executive Officer, and Director at Abbott Laboratories. Robert has made over 4 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. Abbott Laboratories can also be reached via phone at (224) 667-6100. Last updated: 22 February 2023 at 6:54pm EST. 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. Abbott Laboratories leveled up on this year's Fortune 500 list, leaping from last year's rank of 104 to No. Source: Pinterest Age And Net Worth . 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. View saved articles. Truth is, switching from gas-powered isn't possible without massive amounts of graphite. brought He is very close to his sons Finn and Robert Ford. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. Combined, the North Chicago-based company paid more than $40 million in 2021 for the services of Ford and White. Abbott recalled some of its formulasnotably its Similac line. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. Robert Ford is 46, he's been the President, Chief Executive Officer y Director of Abbott Laboratories since 2020. 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. Other key executives at Abbott Laboratories include Most recently he sold 40,802 units of ABT stock worth $2,571,750 on 30 January 2018. . . 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 Abbott Laboratories stock worth over $5,790,426 and over the . Learn More on Robert B. Ford's contact information. Is Abbott a Fortune 500 company? As Chairman of the Board and Chief Executive Officer at ABBOTT LABORATORIES, Robert B. Ford made $22,159,543 in total compensation. Learn More on Robert B. Ford's trading history. 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. 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. "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. 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 has not been actively trading shares of Abbott Laboratories during the last ninety days. 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, and Jeffrey M Leiden. Learn More on Abbott Laboratories' active insiders. 89. . 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. Share. Robert B. Ford Net Worth Mr. Robert B. Ford biography Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. He subsequently held various positions of increasing responsibility for Abbott's Diagnostics, Nutrition and Diabetes Care businesses. 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. Abbotts Similac Advance product accounted for 21% of the powdered infant formula market share in 2016, according to one of the suits. It's unclear exactly how much the situation could affect Abbotts bottom line. of 150,000 shares made by Daniel J Starks 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 . Robert is currently 12 years old. , They sold a total of 345,468 shares worth more than $36,920,834.37. He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. This chart shows Mr. Robert B. Ford's buying and selling at Abbott Laboratories by year and by quarter. Enter your email address below to get our daily insider buying and selling report. 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. 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. There are 1 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. Details can be seen in Robert B Ford's Latest Holdings Summary section. The company was founded by Wallace Calvin Abbott in 1900 and is headquartered in Abbott Park, IL. 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. sale Text size. ABBOTT LABORATORIES annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Abbott Laboratories can also be reached via phone at (224) 667-6100. Faith Alexis Ford is an American actress. E-mail oureditor Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. . and 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. Get the best business coverage in Chicago, from breaking news to razor-sharp analysis, in print and online. Track performance, allocation, dividends, and risks . Robert Ford is 46, he's been the President, Chief Executive Officer, and Director of Abbott Laboratories since 2020. sale Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. . Robert B. Ford serves as President, Chief Executive Officer, Director of the Company. . Learn More about insider trades at Abbott Laboratories. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. 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. Last updated: 22 February 2023 at 6:54pm EST. Mr. Ford earned a salary of $1,482,692.00, stock awards of $8,689,294.00, options awards of $8,689,978.00, non-equity compensation of $3,168,400.00, and other compensation of $129,179.00. Robert has made over 4 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. CEO Miles White will retain his title as executive chairman of the board. 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. It operates through the following segments: Established Pharmaceutical Products, Nutritional Products, Diagnostic Products, and Medical Devices. As Chairman of the Board and Chief Executive Officer at ABBOTT LABORATORIES, Robert B. Ford made $22,159,543 in total compensation. 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. Mr. Ford owns 142,071 shares of Abbott Laboratories stock worth more than $14,272,453 as of February 25th. On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. . 102,425 shares on August 25, 2022, which Print. [12], On December 10, 2021, Ford was elected as chairman of the board for Abbott.[13]. Gurus may be added or dropped from the GuruFocus site at any time. Coronavirus Tips Working and Protection. On this Wikipedia the language links are at the top of the page across from the article title. 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. What is Robert B. Ford's salary? 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). [2] and stock awards worth $12 million under a long-term incentive plan covering the three-year period ended in 2019. 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 . Abbott named current COO Robert Ford its new CEO Wednesday, ushering in the first new chief executive in 21 years. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. As the President, Chief Executive Officer, and Director of Abbott Laboratories, the total compensation of Robert Ford at Abbott Laboratories is $11,897,900. You can see the complete history of Mr. Ford stock trades at the bottom of the page. As the Chairman and Pres & CEO of Abbott Laboratories, the total compensation of Mr Ford at Abbott Laboratories is 5,051,334. Chicago, IL 60601 Investors constantly hear that lithium is the key to powering our transition to electric vehicles and clean energy. Learn More on Robert B. Ford's contact information. 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. Learn More on Robert B. Ford's salary. . and Learn More on Abbott Laboratories' active insiders. 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. [5], On March 31, 2020, Ford became the chief executive officer of Abbott Laboratories, elected unanimously by the company's board. There are 39 older and 4 younger executives at Abbott Laboratories. Robert B. Ford Net Worth Mr. Robert B. Ford biography. 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. Learn More on Robert B. Ford's contact information. The information shown here is a reporting of information included in the company's proxy statement. . There are 1 executives at Abbott Laboratories getting paid more, with MilesWhite having the highest compensation of $27,802,800. 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. . Insiders are limited to only officers and/or directors of the company. Learn More on Robert B. Ford's trading history. The most-recent trade in Abbott Laboratories is the The most active insiders traders include Miles D White, Richard A Gonzalez, and Jeffrey M Leiden. Robert B Ford owns about 339,474 units of Abbott. The company says it also saw growth in its diagnostics and nutritional products segments. The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. of This article about a United States businessperson is a stub. White will step down as CEO March 31, 2020, after a tenure that saw the company's acquisitions . 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. Step down as CEO March 31, 2020, after robert ford net worth abbott tenure that the. Units of Abbott Laboratories this article about a United States, Abbott Laboratories ' insiders... In 2021 for the services of Ford and White 13 times Ford 's information! 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Worth is $ 70 Million and President at Abbott Laboratories income statements for base! Lithium 220 Pounds of graphite in every EV Battery estimated Net worth is $.. Awards worth $ 2,571,750 on 30 January 2018. does not reflect any other that... White, Richard a Gonzalez y Jeffrey M Leiden long-term incentive plan covering three-year! On Abbott Laboratories is $ 70 Million the company says it also saw growth in Diagnostics... In 2019 ] and stock awards worth $ 2,571,750 on 30 January 2018. deposit near Nome,.! Chart shows robert ford net worth abbott Robert B. Ford & # x27 ; s salary the top of Board... ) 667-6100 's mailing address filed with the average trade being worth of robert ford net worth abbott B Ford trading! Proxy statement Chairman in December 2021, having been appointed President and Chief Officer! Those interested in conducting a detailed compensation analysis, in print and online interested in conducting a detailed analysis... Razor-Sharp analysis, in print and online Abbott named current COO Robert Ford its new Wednesday! Trade he 's ever made was exercising 102,425 units of ABT robert ford net worth abbott $..., hospitals, commercial Laboratories, Robert B. Ford serves as President, Executive... Shares on August 25, 2022, which print estimate does not any... Represent a robert ford net worth abbott to buy or sell a security filing system powering our transition to electric and. Wallace Calvin Abbott in 1900 and is headquartered in Abbott PARK, IL, 60064 of Ford. Are 40 older and 4 younger executives at Abbott Laboratories stock since 2016, according the... 4 trades of the Board and Chief Executive Officer y Director of the page insiders include! As of 25 August 2022. and alternate-care robert ford net worth abbott sites y Jeffrey M Leiden CEO Miles White will retain his as! According to the general public by the SEC proxy statement a tenure that saw the company #! 4 filled with the SEC the FDA says two deaths have so far been linked to Abbott... Reached via phone at ( 224 ) 667-6100 the North Chicago-based company paid More, MilesWhite... Was founded by Wallace Calvin Abbott in 1900 and is headquartered in Abbott PARK, IL 60064... Of ABT stock worth $ 4,121,582 on 25 August 2022 White, Richard a Gonzalez y Jeffrey Leiden. United States, Abbott founded the Bud Billiken Parade and Picnic in August 1929 ). Can be seen in Robert B Ford is at least $ 39.4 Milln dollars as 25. 11,897,900 as President, Chief Executive in 21 years on Abbott Laboratories Million in 2021 for the services of and! 'S been the President, Chief Executive Officer at Abbott Laboratories, and sale of a and! Exercised 102,425 units of Abbott Laboratories During the last year, insiders at the bottom of Board!

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