[11] In April 2020, Chief Executive recognized Ford for Abbott's response to accessibility for testing. Get notified the next time Robert B. Ford buys or sells Abbott Laboratories stock. sale Owen is the father of three children two sons and a daughter. Print. But America hasn't produced any graphite since the 1950s. Insiders are limited to only officers and/or directors of the company. Learn More on Robert B. Ford's trading history. [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, who has deep experience with the medical device business at Abbott Laboratories, will become the new CEO of the Illinois-based company in . 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 of 799,867 shares. [5], On March 31, 2020, Ford became the chief executive officer of Abbott Laboratories, elected unanimously by the company's board. Source: Pinterest Age And Net Worth . Robert Ford made $20,450,586 in total compensation as Director, Chief Executive Officer and President at Abbott Laboratories in . The Diagnostic Products segment markets diagnostic systems and tests for blood banks, hospitals, commercial laboratories, and alternate-care testing sites. Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. 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. What is Robert B. Ford's salary? 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. All Rights Reserved. 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 The Nutritional Products segment caters to the worldwide sales of adult and pediatric nutritional products. Learn More about Robert B. Ford's net worth. The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. . Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. The company introduced its first two tests in March 2020 and delivered more than 400 million in 2020. The estimated net worth of Robert B. Ford is at least $14.45 million as of August 25th, 2022. 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. Chicago, Illinois Robert Ford's listing in the Class of 2015 student directory identified him as vice president, Abbott Diabetes Care. The estimated net worth of Robert B. Ford is at least $14.27 million as of August 25th, 2022. Robert B. Ford Net Worth Mr. Robert B. Ford biography. sale The gurus listed in this website are not affiliated with GuruFocus.com, LLC. 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 . of 150,000 shares made by Daniel J Starks no insider transaction in Abbott Laboratories (ABT). Western countries are now scrambling for stable, renewable energy. Past performance is a poor indicator of future performance. On average, Robert trades about 5,882 units every 58 days since 2014. Last updated: 1 February 2023 at 11:00am EST. 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. Missing Crain's in print? Mr. Ford owns 142,071 shares of Abbott Laboratories stock worth more than $14,272,453 as of February 25th. Robert's mailing address filed with the SEC is 100 ABBOTT PARK ROAD, , ABBOTT PARK, IL, 60064. 89. . His latest promotion: Chief Executive Officer at Abbott, a global diversified healthcare company. Chart Data in Insider Trading History Table. sale Learn More about insider trades at Abbott Laboratories. . In addition, he makes $11,897,900 as President, Chief Executive Officer y Director at Abbott Laboratories. He joined Abbott's Diagnostics division in 1996 as a Business Unit Manager in Diabetes Care. Select a Column Field to add to the results, Refer a Friend and Earn One Month of Free Membership. ( m. 1998) . Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. Robert Ford is 46, he's been the President, Chief Executive Officer, and Director of Abbott Laboratories since 2020. Details can be seen in Robert B Ford's Latest Holdings Summary section. You might contact Robert B Ford via mailing address: 100 Abbott Park Road, Ap6a-2, D-032l, Abbott Park Il 60064-6092. He is very close to his sons Finn and Robert Ford. SENIOR VICE PRESIDENT Louis H. Morrone Click here to see the complete history of Robert B Fords form 4 insider trades. The estimated Net Worth of Robert B Ford is at least $39.1 Million dollars as of 25 August 2022. Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. . "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. There are 40 older and 3 younger executives at Abbott Laboratories. On average, Robert trades about 5,882 units every 58 days since 2014. . Click here to get the full experience on your screen. His father's net worth is $70 Million. 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 most active insiders traders include Miles D White, Richard A Gonzalez, and Jeffrey M Leiden. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. 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. He subsequently held various positions of increasing responsibility for Abbott's Diagnostics, Nutrition and Diabetes Care businesses. 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 . Information on this page was last updated on 2/22/2023. Other recent insider transactions involving Abbott Laboratories (ABT) include sale For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. stock. But he collected the same $1.9 million . 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. Calamari 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. SENIOR VICE PRESIDENT Christopher J. 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. Billions could be poured into exploration companies searching for new U.S. deposits. He joined Abbott's Diagnostics division in 1996 as a Business Unit Manager in Diabetes Care. The estimated Net Worth of Robert B Ford is at least $39.6 Million dollars as of 25 August 2022. Robert B Ford owns 339,474 shares of Abbott Laboratories (ABT) as of August 25, 2022, with a value of $35 Million. 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 . Now, dozens of class-action lawsuits have been filed against Abbott by parents of babies who were made ill from the companys formulas. . 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 can also be reached via phone at (224) 667-6100. Transaction Summary of Robert B Ford Our 109,000 colleagues serve people in more than 160 countries. Over the past 18 months, Our 109,000 colleagues serve people in more than 160 countries. Track performance, allocation, dividends, and risks . Most recently, Robert B. Ford sold 102,425 shares of the business's stock in a transaction on Thursday, August 25th. Abbott is a global healthcare leader that helps people live more fully at all stages of life. In addition, he makes $11,897,900 as President, Chief Executive Officer, and Director 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. of brought GuruFocus also compares Robert B Ford's trading performance to market benchmark return within the same time period. Other transactions such as conversion of derivative security or exercise of options are not included. Robert Ford, left, and Miles White. As the President, Chief Executive Officer y Director of Abbott Laboratories, the total compensation of Robert Ford at Abbott Laboratories is $11,897,900. 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. 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. Move Over Lithium 220 Pounds of Graphite In Every EV Battery. Markets; Tools Portfolios. His 2021 pay was down from $18.8 million in 2020 and $24.67 million in 2019. The estimated net worth of Robert B Ford is at least $34 Million dollars as of 2023-02-25. Russia Ignites West's Battle for Energy Independence. 2004-2023 GuruFocus.com, LLC. 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. Abbott is a global healthcare leader that helps people live more fully at all stages of life. As of 25 August 2022 he still owns at least 244,496 units of Abbott Laboratories stock. Enter your email address below to get our daily insider buying and selling report. 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. On average, Robert trades about 5,882 units every 58 days since 2014. 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. 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. Chicago, IL 60601 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. Putin's invasion of Ukraine has revealed the West's dependence on Russia for their energy needs. . 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 is a global healthcare leader that helps people live more fully at all stages of life. He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. 102,425 shares on August 25, 2022, which 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 They sold a total of 345,468 shares worth more than $36,920,834.37. 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 Nottingham. Robert B Ford made The shares were sold at an average price of $105.10, for a transaction totalling $10,764,867.50. You can see the complete history of Mr. Ford stock trades at the bottom of the page. The Most Powerful Women In Chicago Business. 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. Faith Alexis Ford is an American actress. Learn More about insider trades at Abbott Laboratories. There are 40 older and 3 younger executives at Abbott Laboratories. He pulled Abbott's scientists and manufacturing teams off their projects to work on four teams, each focused on specific tests. The FDA says two deaths have so far been linked to contaminated Abbott formula. Get the best business coverage in Chicago, from breaking news to razor-sharp analysis, in print and online. Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. It's unclear exactly how much the situation could affect Abbotts bottom line. 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. Miles White, who was Abbotts CEO from 1999 until 2020, remained with the company as executive chairman until the end of 2021. Above is the net worth, insider trading, and ownership report for Robert B Ford. Abbott Laboratories can also be reached via phone at (224) 667-6100. Abbott derives approximately 60% of sales outside the United States. The most active insiders traders include Miles D White, Richard A Gonzalez, and Jeffrey M Leiden. 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 . Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. Abbott Laboratories engages in the discovery, development, manufacture, and sale of a broad and diversified line of health care products. Chairman of the Board and Chief Executive Officer. 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. Robert B. Ford Net Worth Mr. Robert B. Ford biography Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. The Established Pharmaceutical Products segment refers to the international sales of a line of branded generic pharmaceutical products. Oct 05, 2021, 11:00 ET. He subsequently held various positions of increasing responsibility for Abbott's Diagnostics, Nutrition and Diabetes Care businesses. Gurus may be added or dropped from the GuruFocus site at any time. The most recent insider tranaction occured on February, 22nd when SVP Julie L Tyler sold 260 shares worth more than $26,842.40. What is the salary of Mr Ford? During the last year, insiders at the healthcare product maker sold shares 13 times. 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. 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