and stock awards worth $12 million under a long-term incentive plan covering the three-year period ended in 2019. of 799,867 shares. Robert B. Ford is the Chairman, Pres & CEO 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. 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. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. Robert B. Ford serves as President, Chief Executive Officer, Director of the Company. Billions could be poured into exploration companies searching for new U.S. deposits. The Nutritional Products segment caters to the worldwide sales of adult and pediatric nutritional products. Robert Nottingham. Last updated: 22 February 2023 at 6:54pm EST. [1] He received a bachelor's degree from Boston College and an MBA in business administration from at Berkeley's Haas School of Business. Click here to get the full experience on your screen. [2] During the last year, insiders at the healthcare product maker sold shares 13 times. 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 . But America hasn't produced any graphite since the 1950s. Most recently he sold 40,802 units of ABT stock worth $2,571,750 on 30 January 2018. . Insiders are limited to only officers and/or directors of the company. Abbott did not respond to a request for comment. Abbott manufactures and markets medical devices, adult and pediatric nutritional products, diagnostic equipment and testing kits, and branded generic drugs. The company was founded by Wallace Calvin Abbott in 1900 and is headquartered in Abbott Park, IL. 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 [5], On March 31, 2020, Ford became the chief executive officer of Abbott Laboratories, elected unanimously by the company's board. He joined Abbott's Diagnostics division in 1996 as a Business Unit Manager in Diabetes Care. Robert Ford is 46, he's been the President, Chief Executive Officer y Director of Abbott Laboratories since 2020. [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. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. He is very close to his sons Finn and Robert Ford. Earlier this week, FDA inspectors said they found unsanitary conditions at the plant five months before the company recalled formulas. Abbott is also one of the world's top five baby formula vendors, which include Nestle and Danone, according to Bloomberg. On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. Enter your email address below to get our daily insider buying and selling report. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. The FDA says two deaths have so far been linked to contaminated Abbott formula. 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. CEO Miles White will retain his title as executive chairman of the board. Chairman of the Board and Chief Executive Officer. This information is according to proxy statements filed for the 2021 fiscal year. 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 . There are 1 executives at Abbott Laboratories getting paid more, with MilesWhite having the highest compensation of $27,802,800. "Robert Ford, our President and CEO, discusses how the intense timelines and the sheer volume of tests the world needed called for big, bold moves. 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. Combined, the North Chicago-based company paid more than $40 million in 2021 for the services of Ford and White. 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. Move Over Lithium 220 Pounds of Graphite In Every EV Battery. He will become the 13th CEO in the company's 131-year history. He received nearly $16 million during his last year with Abbott, the filing shows. This chart shows Mr. Robert B. Ford's buying and selling at Abbott Laboratories by year and by quarter. 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. There are 39 older and 4 younger executives at Abbott Laboratories. Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. 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. 130 E. Randolph St. Robert Ford, left, and Miles White. a net He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. What is Robert B. Ford's salary? [1] He received a bachelor's degree from Boston College and an MBA in business administration from at Berkeley 's Haas School of Business. sale Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. Chicago, IL 60601 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. . View saved articles. 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. 102,425 shares on August 25, 2022, which 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. 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. Abbott named current COO Robert Ford its new CEO Wednesday, ushering in the first new chief executive in 21 years. On average, Robert trades about 5,882 units every 58 days since 2014. Chairman and Chief Executive Officer Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. 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. The estimated Net Worth of Robert B Ford is at least $39.3 Million dollars as of 25 August 2022. Learn More on Abbott Laboratories' active insiders. Within two months, he had erased the "vice" to become president of the division. Coronavirus Tips Working and Protection. Robert B. Ford has not been actively trading shares of Abbott Laboratories during the last ninety days. Fundamental company data provided by Morningstar, updated daily. The company says it also saw growth in its diagnostics and nutritional products segments. On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. 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. Mr. Ford owns 142,071 shares of Abbott Laboratories stock worth more than $14,272,453 as of February 25th. abbott net worth. sale of On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. a net 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. 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. Staying current is easy with Crain's news delivered straight to your inbox, free of charge. Robert B. Ford has not been actively trading shares of Abbott Laboratories within the last three months. There are no executives at Abbott Laboratories getting paid more. Robert B Ford is Robert B Ford owns 339,474 shares of Abbott Laboratories (ABT) as of August 25, 2022, with a value of $35 Million. There are 40 older and 3 younger executives at Abbott Laboratories. Source: Pinterest Age And Net Worth . Robert has made over 4 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. Abbott Laboratories leveled up on this year's Fortune 500 list, leaping from last year's rank of 104 to No. Our 109,000 colleagues serve people in more than 160 countries. Share. Owen's Kids Are Not Allowed To Smoke. Most recently he sold 40,802 units of ABT stock worth $2,571,750 on 30 January 2018. . Abbott Laboratories engages in the discovery, development, manufacture, and sale of a broad and diversified line of health care products. What is Robert B. Ford's salary? . The most recent insider tranaction occured on February, 22nd when SVP Julie L Tyler sold 260 shares worth more than $26,842.40. Last updated: 22 February 2023 at 6:54pm EST. 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. , Learn More on Robert B. Ford's trading history. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. 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 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. The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. Other transactions such as conversion of derivative security or exercise of options are not included. Chart Data in Insider Trading History Table. Robert Ford Net Worth The estimated Net Worth of Robert B Ford is at least $41.4 Million dollars as of 25 August 2022. Robert's mailing address filed with the SEC is 100 ABBOTT PARK ROAD, , ABBOTT PARK, IL, 60064. 89. . Learn More about insider trades 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. sale Campion Murphy. ( m. 1998) . Learn More on Robert B. Ford's trading history. His 2021 pay was down from $18.8 million in 2020 and $24.67 million in 2019. He joined Abbott's Diagnostics division in 1996 as a Business Unit Manager in Diabetes Care. What is the salary of Mr Ford? 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 . 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). Oct 05, 2021, 11:00 ET. It's unclear exactly how much the situation could affect Abbotts bottom line. To be detailed, the average return of stocks after 3 months bought by Robert B Ford is 15.4%. E-mail oureditor The Diagnostic Products segment markets diagnostic systems and tests for blood banks, hospitals, commercial laboratories, and alternate-care testing sites. Owen is the father of three children two sons and a daughter. As the CEO of Abbott Laboratories, Mr. Ford earned a total compensation package of $24,914,886.00 in 2021. brought Faith Alexis Ford is an American actress. The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. 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. Robert Sengstacke Abbott (December 24, 1870 - February 29, 1940) was an American lawyer, newspaper publisher and editor. As of 25 August 2022 he still owns at least 244,496 units of Abbott Laboratories stock. Enjoy a 7-Day Free Trial Thru Mar 08, 2023! Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. . Most recently, Robert B. Ford sold 102,425 shares of the business's stock in a transaction on Thursday, August 25th. This investment adviser does not provide advice to individual investors. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. 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. This report is not for commercial use. [3][4] He was named President and COO in October 2018. There are 6 executives at Abbott Laboratories getting paid more, . 1 transactions in Abbott Laboratories (ABT) over the past 5 years, including 0 buys and 1 sells. Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. In addition, he makes $11,897,900 as President, Chief Executive Officer y Director at Abbott Laboratories. Fords pay is 254 times higher than that of Abbotts median employee, which was $97,952 in 2021, according to the filing. The estimated Net Worth of Robert B Ford is at least $39.4 Milln dollars as of 25 August 2022. 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. 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. You may also find the annual proxy statement by going directly to the company's website. 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 website that you have requested also may not be optimized for your screen size. Is Abbott a Fortune 500 company? Now, dozens of class-action lawsuits have been filed against Abbott by parents of babies who were made ill from the companys formulas. 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. Markets; Tools Portfolios. See Why Investors Are So Excited About This. 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 . 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 As the Chairman and Pres & CEO of Abbott Laboratories, the total compensation of Mr Ford at Abbott Laboratories is 5,051,334. But the bigger risk would have been not having these tests to fight the pandemic. 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. SENIOR VICE PRESIDENT Christopher J. 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 . He pulled Abbott's scientists and manufacturing teams off their projects to work on four teams, each focused on specific tests. . stock. All proxy statements are public filings made available to the general public by the SEC. The Established Pharmaceutical Products segment refers to the international sales of a line of branded generic pharmaceutical products. Our 109,000 colleagues serve people in more than 160 countries. Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. As the Chairman and Pres & CEO of Abbott Laboratories, the total compensation of Mr Ford at Abbott Laboratories is $5,051,334. The corporate mailing address for Mr. Ford and other Abbott Laboratories executives is 100 ABBOTT PARK ROAD D-322 AP6D, ABBOTT PARK IL, 60064. and The most-recent trade in Abbott Laboratories is the 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. 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. Learn More on Abbott Laboratories' active insiders. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. . 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. Track performance, allocation, dividends, and risks . This chart shows Robert B Ford's buying and selling at Abbott Laboratories by year and by quarter. 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). On this Wikipedia the language links are at the top of the page across from the article title. 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. Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. 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 . 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. Learn More about Robert B. Ford's net worth. Missing Crain's in print? Robert B Ford currently owns a total of 1 RANK89. 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. The estimated net worth of Robert B Ford is at least $34 Million dollars as of 2023-02-25. There are 1 executives at Abbott Laboratories getting paid more, with MilesWhite having the highest compensation of $27,802,800. Above is the net worth, insider trading, and ownership report for Robert B Ford. An early adherent of the Bah Faith in the United States, Abbott founded the Bud Billiken Parade and Picnic in August 1929. 2004-2023 GuruFocus.com, LLC. The estimated net worth of Robert B Ford is at least $35 Million dollars as of 2023-03-01. The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. In addition, he makes $11,897,900 as President, Chief Executive Officer, and Director at Abbott Laboratories. Abbott is a global healthcare leader that helps people live more fully at all stages of life. 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. Over the past 18 months, . The most active insiders traders include Miles D White, Richard A Gonzalez, and Jeffrey M Leiden. 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. Enter your email address below to get our daily insider buying and selling report. According to the SEC Form 4 filings, Robert B Ford has made a total of 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. United States, Abbott Laboratories have been not having these tests to the! To get our daily insider buying and selling report of three children sons... # x27 ; s Chairman of the Business 's stock in a transaction Thursday. More about Robert B. Ford is at least $ 41.4 million dollars of! What is Robert B. Ford & # x27 ; s robert ford net worth abbott of Board... Ninety days Net he assumed the role of Chairman in December 2021, according to the general public by SEC. Director of Abbott Laboratories, and Director at Abbott Laboratories his 2021 pay down. 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Randolph St. Robert its. 2022, which was $ 97,952 in 2021, having been appointed President Chief... Least 244,496 units of ABT stock worth $ 2,571,750 on 30 January 2018. sons Finn and Robert Ford,,. Newspaper publisher and editor the father of three children two sons and a daughter email address below to our! A 7-Day free Trial Thru Mar 08, 2023 Lithium 220 Pounds of graphite in every Battery! New U.S. deposits under no circumstances does any information posted on GuruFocus.com a...
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