Robert B. Ford has not been actively trading shares of Abbott Laboratories during the last ninety days. In 2021, Abbotts COVID-19 testing-related sales totaled about $7.7 billion, up from $3.9 billion in 2020. Thorough reviews have been conducted to assure this data accurately reflects disclosures. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Our 109,000 colleagues serve people in more than 160 countries. [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. Robert B Ford owns about 339,474 units of Abbott. Robert B. Ford Net Worth Mr. Robert B. Ford biography. 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). Get notified the next time Robert B. Ford buys or sells Abbott Laboratories stock. Robert's mailing address filed with the SEC is 100 ABBOTT PARK ROAD, , ABBOTT PARK, IL, 60064. and Print. 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. GuruFocus.com is not operated by a broker or a dealer. On average, Robert trades about 5,882 units every 58 days since 2014. ABBOTT LABORATORIES income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. 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. 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. Track performance, allocation, dividends, and risks . Click here to get the full experience on your screen. He joined Abbott's Diagnostics division in 1996 as a Business Unit Manager in Diabetes Care. The Most Powerful Women In Chicago Business. [1] He received a bachelor's degree from Boston College and an MBA in business administration from at Berkeley's Haas School of Business. Robert Ford Net Worth The estimated Net Worth of Robert B Ford is at least Abbott Laboratories stock worth over $26,723,413 and over . 102,425 shares on August 25, 2022, which Learn More about insider trades at Abbott Laboratories. SENIOR VICE PRESIDENT Louis H. Morrone The corporate mailing address for Mr. Ford and other Abbott Laboratories executives is 100 ABBOTT PARK ROAD D-322 AP6D, ABBOTT PARK IL, 60064. Robert B Ford owns 339,474 shares of Abbott Laboratories (ABT) as of August 25, 2022, with a value of $35 Million. 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. [5], On March 31, 2020, Ford became the chief executive officer of Abbott Laboratories, elected unanimously by the company's board. Robert B. Ford has not been actively trading shares of Abbott Laboratories within the last three months. Other transactions such as conversion of derivative security or exercise of options are not included. Abbott named current COO Robert Ford its new CEO Wednesday, ushering in the first new chief executive in 21 years. Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. 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. You can see the complete history of Mr. Ford stock trades at the bottom of the page. Mr. Ford earned a bachelor's degree from Boston College and a master's degree in business administration from UC Berkeley, Haas School of Business. of a net His 2021 pay was down from $18.8 million in 2020 and $24.67 million in 2019. ABBOTT LABORATORIES annual reports of executive compensation and pay are most commonly found in the Def 14a documents. The corporate mailing address for Mr. Ford and other Abbott Laboratories executives is 100 ABBOTT PARK ROAD D-322 AP6D, ABBOTT PARK IL, 60064. 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 . . He is very close to his sons Finn and Robert Ford. Learn More on Robert B. Ford's salary. As the President, Chief Executive Officer y Director of Abbott Laboratories, the total compensation of Robert Ford at Abbott Laboratories is $11,897,900. Russia Ignites West's Battle for Energy Independence. As the President, Chief Executive Officer, and Director of Abbott Laboratories, the total compensation of Robert Ford at Abbott Laboratories is $11,897,900. 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. There are 40 older and 3 younger executives at Abbott Laboratories. Now, a little-known exploration company has defined America's largest high-quality graphite deposit near Nome, Alaska. Other key executives at Abbott Laboratories include Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. . Robert B. Ford serves as President, Chief Executive Officer, Director of the Company. The Diagnostic Products segment markets diagnostic systems and tests for blood banks, hospitals, commercial laboratories, and alternate-care testing sites. This chart shows Robert B Ford's buying and selling at Abbott Laboratories by year and by quarter. abbott net worth. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. [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. Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. 2004-2023 GuruFocus.com, LLC. 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. He joined Abbott's Diagnostics division in 1996 as a Business Unit Manager in Diabetes Care. Learn More on Robert B. Ford's trading history. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. 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. 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. The company was founded by Wallace Calvin Abbott in 1900 and is headquartered in Abbott Park, IL. 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. All proxy statements are public filings made available to the general public by the SEC. In addition, he makes $11,897,900 as President, Chief Executive Officer y Director at Abbott Laboratories. Markets; Tools Portfolios. of 118,550 shares made by Salvadori Daniel Gesua Sive 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 Fords base compensation was $1.48 million, up from $1.29 million in 2020. On this Wikipedia the language links are at the top of the page across from the article title. Previously, he served as President and Chief Operating Officer; and as Executive Vice President, Medical Devices, leading Abbotts Diabetes Care, Cardiovascular and Neuromodulation businesses. Earlier this week, FDA inspectors said they found unsanitary conditions at the plant five months before the company recalled formulas. Enter your email address below to get our daily insider buying and selling report. Abbott derives approximately 60% of sales outside the United States. sale The most recent insider tranaction occured on February, 22nd when SVP Julie L Tyler sold 260 shares worth more than $26,842.40. Enjoy a 7-Day Free Trial Thru Mar 08, 2023! Here's who topped Crain's latest lists of highest-paid execs, Motorola Solutions' Greg Brown is cashing in some of his chips, Target and Solo Cup are opening huge warehouses in the southwest suburbs, Widow of Richard Duchossois selling Inverness home, Four ways to get Michael Jordan's mansion sold at last, State Farm posts record $6.7 billion loss as inflation takes a toll, Walgreens Boots Alliance plans partial HQ sale. Billions could be poured into exploration companies searching for new U.S. deposits. 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 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. For its 2021 fiscal year, ABBOTT LABORATORIES, listed the following CEO pay ratio data on its annual proxy statement to the SEC. Robert B Ford currently owns a total of 1 He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. As the Chairman and Pres & CEO of Abbott Laboratories, the total compensation of Mr Ford at Abbott Laboratories is $5,051,334. 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. He received nearly $16 million during his last year with Abbott, the filing shows. 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. Parents of Robert Ford Wilson. Robert is currently 12 years old. The Nutritional Products segment caters to the worldwide sales of adult and pediatric nutritional products. #HealthyReturns" To be detailed, the average return of stocks after 3 months bought by Robert B Ford is 15.4%. 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 sale Missing Crain's in print? On average, Robert trades about 5,882 units every 58 days since 2014. You can see the complete history of Mr. Ford stock trades at the bottom of the page. Oct 05, 2021, 11:00 ET. 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. On average, Robert trades about 5,882 units every 58 days since 2014. The website you have requested also may not be optimized for your specific screen size. , Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. Western countries are now scrambling for stable, renewable energy. 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 . ( m. 1989-1996) . , Mr. Ford earned a bachelor's degree from Boston College and a master's degree in business administration from UC Berkeley, Haas School of Business. Robert Ford made $20,450,586 in total compensation as Director, Chief Executive Officer and President at Abbott Laboratories in . Sponsored Content: Global Tax Rules Take Shape Whats Next for Multinational Companies? Owen's Kids Are Not Allowed To Smoke. The most recent insider tranaction occured on February, 22nd when SVP Julie L Tyler sold 260 shares worth more than $26,842.40. Abbott Laboratories 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. GuruFocus also compares Robert B Ford's trading performance to market benchmark return within the same time period. . Ford, who became CEO in 2020, received compensation totaling $24.9 million in 2021, most of it coming from stock options and awards, according to a recent Abbott filing with the U.S. Securities & Exchange Commission. Fundamental company data provided by Morningstar, updated daily. This investment adviser does not provide advice to individual investors. Insiders are limited to only officers and/or directors of the company. As Chairman of the Board and Chief Executive Officer at ABBOTT LABORATORIES, Robert B. Ford made $22,159,543 in total compensation. 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