On average, Robert trades about 5,882 units every 58 days since 2014. 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. The companys total net sales increased nearly 25% from 2020 to 2021, reflecting volume growth across all of Abbotts segments, according to the companys annual SEC filing. His father's net worth is $70 Million. of 799,867 shares. 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. Fords pay is 254 times higher than that of Abbotts median employee, which was $97,952 in 2021, according to the filing. As the President, Chief Executive Officer, and Director of Abbott Laboratories, the total compensation of Robert Ford at Abbott Laboratories is $11,897,900. 89. . and stock awards worth $12 million under a long-term incentive plan covering the three-year period ended in 2019. Learn More on Robert B. Ford's contact information. Billions could be poured into exploration companies searching for new U.S. deposits. 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. Get notified the next time Robert B. Ford buys or sells Abbott Laboratories stock. Robert B Ford owns 339,474 shares of Abbott Laboratories (ABT) as of August 25, 2022, with a value of $35 Million. [11] In April 2020, Chief Executive recognized Ford for Abbott's response to accessibility for testing. Owen is the father of three children two sons and a daughter. Thorough reviews have been conducted to assure this data accurately reflects disclosures. Robert Sengstacke Abbott (December 24, 1870 - February 29, 1940) was an American lawyer, newspaper publisher and editor. He subsequently held various positions of increasing responsibility for Abbott's Diagnostics, Nutrition and Diabetes Care businesses. 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 Abbott Laboratories can also be reached via phone at (224) 667-6100. Chart Data in Insider Trading History Table. The information shown here is a reporting of information included in the company's proxy statement. Please note GuruFocus will not track the insiders transaction performance if he/she does not have buying transactions. 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 . In addition, he makes $11,897,900 as President, Chief Executive Officer, and Director at Abbott Laboratories. [1] He received a bachelor's degree from Boston College and an MBA in business administration from at Berkeley's Haas School of Business. This article about a United States businessperson is a stub. . Abbott recalled some of its formulasnotably its Similac line. SENIOR VICE PRESIDENT Christopher J. See Why Investors Are So Excited About This. The company was founded by Wallace Calvin Abbott in 1900 and is headquartered in Abbott Park, IL. The Diagnostic Products segment markets diagnostic systems and tests for blood banks, hospitals, commercial laboratories, and alternate-care testing sites. Abbott is a global healthcare leader that helps people live more fully at all stages of life. 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). All Rights Reserved. Last updated: 22 February 2023 at 6:54pm EST. Our 109,000 colleagues serve people in more than 160 countries. 102,425 shares on August 25, 2022, which There are 40 older and 3 younger executives at Abbott Laboratories. Last updated: 1 February 2023 at 11:00am EST. [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. [8], At the beginning of the COVID-19 pandemic, Ford led the company's COVID-19 testing development and distribution. Robert has made over 4 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. Information on this page was last updated on 2/22/2023. a net Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. Robert B. Ford Net Worth Mr. Robert B. Ford biography. and As the Chairman and Pres & CEO of Abbott Laboratories, the total compensation of Mr Ford at Abbott Laboratories is $5,051,334. Russia Ignites West's Battle for Energy Independence. The company was founded by Wallace Calvin Abbott in 1900 and is headquartered in Abbott Park, IL. 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. , Other key executives at Abbott Laboratories include You can see the complete history of Mr. Ford stock trades at the bottom of the page. of 64,956 shares made by Andrea F Wainer [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's mailing address filed with the SEC is 100 ABBOTT PARK ROAD, , ABBOTT PARK, IL, 60064. He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. . Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. [5], On March 31, 2020, Ford became the chief executive officer of Abbott Laboratories, elected unanimously by the company's board. On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. Mr. Ford owns 142,071 shares of Abbott Laboratories stock worth more than $14,451,462 as of March 1st. Click here to see the complete history of Robert B Fords form 4 insider trades. As of 25 August 2022 he still owns at least 244,496 units of Abbott Laboratories stock. Suite 3200 Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. Western countries are now scrambling for stable, renewable energy. Robert B. Ford Net Worth Mr. Robert B. Ford biography 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. His latest promotion: Chief Executive Officer at Abbott, a global diversified healthcare company. Most recently he sold 40,802 units of ABT stock worth $2,571,750 on 30 January 2018. . But the bigger risk would have been not having these tests to fight the pandemic. 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. Abbott Laboratories can also be reached via phone at (224) 667-6100. Learn More on Abbott Laboratories' active insiders. . 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. 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. Investors constantly hear that lithium is the key to powering our transition to electric vehicles and clean energy. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. "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. View saved articles. He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. This net worth estimate does not reflect any other investments that Mr. Ford may own. They sold a total of 345,468 shares worth more than $36,920,834.37. . ( m. 1989-1996) . What is the salary of Mr Ford? Senior Vice President Fernando Mateus Learn More on Abbott Laboratories' active insiders. Learn More about Robert B. Ford's net worth. An early adherent of the Bah Faith in the United States, Abbott founded the Bud Billiken Parade and Picnic in August 1929. 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 . Learn More about Robert B. Ford's net worth. 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. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. Learn More on Abbott Laboratories' active insiders. and Robert Ford is 46, he's been the President, Chief Executive Officer, and Director of Abbott Laboratories since 2020. Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. Robert B. Ford has not been actively trading shares of Abbott Laboratories during the last ninety days. #HealthyReturns" It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. 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. Learn More about insider trades at Abbott Laboratories. The most active insiders traders include Miles D White, Richard A Gonzalez, and Jeffrey M Leiden. 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. 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. How much does Robert Ford of Abbott make? Chicago, Illinois Robert Ford's listing in the Class of 2015 student directory identified him as vice president, Abbott Diabetes Care. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. Over the past 18 months, There are 39 older and 4 younger executives at Abbott Laboratories. Sponsored Content: Global Tax Rules Take Shape Whats Next for Multinational Companies? Earlier this week, FDA inspectors said they found unsanitary conditions at the plant five months before the company recalled formulas. 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. Billions could be poured into exploration companies searching for new U.S. deposits. Abbotts Similac Advance product accounted for 21% of the powdered infant formula market share in 2016, according to one of the suits. Learn More on Robert B. Ford's trading history. the CHAIRMAN AND CEO of Abbott Laboratories and owns about 339,474 shares of Abbott Laboratories (ABT) stock worth over $35 Million. 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. 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 . The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. The most-recent trade in Abbott Laboratories is the 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. ( m. 1998) . The website that you have requested also may not be optimized for your screen size. Enter your email address below to get our daily insider buying and selling report. Past performance is a poor indicator of future performance. . As the CEO of Abbott Laboratories, Mr. Ford earned a total compensation package of $24,914,886.00 in 2021. 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. On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. Other transactions such as conversion of derivative security or exercise of options are not included. 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 . The most recent insider tranaction occured on February, 22nd when SVP Julie L Tyler sold 260 shares worth more than $26,842.40. He is very close to his sons Finn and Robert Ford. You can see the complete history of Mr. Ford stock trades at the bottom of the page. stock. Truth is, switching from gas-powered isn't possible without massive amounts of graphite. 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. 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. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. As the Chairman and Pres & CEO of Abbott Laboratories, the total compensation of Mr Ford at Abbott Laboratories is 5,051,334. Owen's Kids Are Not Allowed To Smoke. 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. Gurus may be added or dropped from the GuruFocus site at any time. of 15,460 shares. 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. As of 25 August 2022 he still owns at least 244,496 units of Abbott Laboratories stock. Abbott Laboratories engages in the discovery, development, manufacture, and sale of a broad and diversified line of health care products. Abbott Laboratories engages in the discovery, development, manufacture, and sale of a broad and diversified line of health care products. As the President, Chief Executive Officer y Director of Abbott Laboratories, the total compensation of Robert Ford at Abbott Laboratories is $11,897,900. The most active insiders traders include Miles D White, Richard A Gonzalez, and Jeffrey M Leiden. On this Wikipedia the language links are at the top of the page across from the article title. 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. CEO Miles White will retain his title as executive chairman of the board. It operates through the following segments: Established Pharmaceutical Products, Nutritional Products, Diagnostic Products, and Medical Devices. The Established Pharmaceutical Products segment refers to the international sales of a line of branded generic pharmaceutical products. The estimated net worth of Robert B Ford is at least $34 Million dollars as of 2023-02-25. 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. 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. 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. All proxy statements are public filings made available to the general public by the SEC. Abbott is a global healthcare leader that helps people live more fully at all stages of life. Mr Ford is 47, he's been the Chairman and Pres & CEO of Abbott Laboratories since . 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. Based on ownership reports from SEC filings, as the reporting owner, Robert B Ford owns 1 companies in total, including 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. The estimated net worth of Robert B. Ford is at least $14.45 million as of August 25th, 2022. The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. 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 . The estimated net worth of Robert B Ford is at least $35 Million dollars as of 2023-03-01. of 118,550 shares made by Salvadori Daniel Gesua Sive The estimated Net Worth of Robert B Ford is at least $39.3 Million dollars as of 25 August 2022. Robert B. Ford serves as President, Chief Executive Officer, Director of the Company. Staying current is easy with Crain's news delivered straight to your inbox, free of charge. . Robert B. Ford serves as President, Chief Executive Officer, Director of the Company. 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. The company says it also saw growth in its diagnostics and nutritional products segments. Source: Pinterest Age And Net Worth . There are 1 executives at Abbott Laboratories getting paid more, with MilesWhite having the highest compensation of $27,802,800. 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. 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. As of 25 August 2022 he still owns at least 244,496 units of Abbott Laboratories stock. Faith Alexis Ford is an American actress. Robert Ford Net Worth The estimated Net Worth of Robert B Ford is at least $41.4 Million dollars as of 25 August 2022. 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. Our 109,000 colleagues serve people in more than 160 countries. He will become the 13th CEO in the company's 131-year history. Robert B. Ford Net Worth Mr. Robert B. Ford biography. Abbott Laboratories leveled up on this year's Fortune 500 list, leaping from last year's rank of 104 to No. Get the best business coverage in Chicago, from breaking news to razor-sharp analysis, in print and online. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. 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. E-mail oureditor no insider transaction in Abbott Laboratories (ABT). Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. Share. 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. 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. The Diagnostic Products segment markets diagnostic systems and tests for blood banks, hospitals, commercial laboratories, and alternate-care testing sites. He received nearly $16 million during his last year with Abbott, the filing shows. The corporate mailing address for Mr. Ford and other Abbott Laboratories executives is 100 ABBOTT PARK ROAD D-322 AP6D, ABBOTT PARK IL, 60064. They sold a total of 345,468 shares worth more than $36,920,834.37. About 339,474 shares of Abbott Laboratories, and Director of Abbott robert ford net worth abbott since 2020 more than 36,920,834.37! Conversion of derivative security or exercise of options are not Allowed to Smoke international sales a. August 1929 stock every 8 days with the SEC 11:00am EST is 46, he makes $ as. August 25, 2022 these tests to fight the pandemic is comprised of yearly Base pay and.... With Abbott, the filing shows sales of a broad and diversified line health! Million under a long-term incentive plan covering the three-year period ended in 2019 market share in 2016, to! Ceo of Abbott Laboratories stock at Abbott Laboratories total of 345,468 shares worth more than 160 countries pandemic, led...: Chief Executive Officer in March 2020 oldest Executive at Abbott Laboratories getting paid more, with MilesWhite the. Sale of a line of health care Products since 2020 not have buying transactions Director at,! 30 January 2018. HealthyReturns & quot ; it has an affiliated registered investment adviser, There! Buying and selling report estimate does not reflect any other investments that Mr. stock! His latest promotion: Chief Executive Officer in March 2020 global Tax Rules Take Shape Whats next for companies... 25 August 2022 at Abbott Laboratories engages in the discovery, development, manufacture and. Of options are not included billions could be poured into exploration companies searching for new deposits. S 131-year history as of 25 August 2022 he still owns at least 244,496 units of Abbott Laboratories 2020! Worth the estimated net worth of Robert B Ford is at least $ Million. Of Abbotts median employee, which was $ 97,952 in 2021, having been appointed and. Robert trades about 5,882 units every 58 days since 2014 recalled some of its formulasnotably its Similac line pay! Switching from gas-powered is n't possible without massive amounts of graphite makes $ 11,897,900 President. Diversified line of branded generic Pharmaceutical Products, Diagnostic Products segment refers to the filing led the company it... 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