The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The most recent insider tranaction occured on February, 22nd when SVP Julie L Tyler sold 260 shares worth more than $26,842.40. Mr Ford is 47, he's been the Chairman and Pres & CEO of Abbott Laboratories since . As the CEO of Abbott Laboratories, Mr. Ford earned a total compensation package of $24,914,886.00 in 2021. Mr. Ford owns 142,071 shares of Abbott Laboratories stock worth more than $14,272,453 as of February 25th. Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. ABBOTT LABORATORIES income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Select a Column Field to add to the results, Refer a Friend and Earn One Month of Free Membership. They sold a total of 345,468 shares worth more than $36,920,834.37. The Diagnostic Products segment markets diagnostic systems and tests for blood banks, hospitals, commercial laboratories, and alternate-care testing sites. As of 25 August 2022 he still owns at least 244,496 units of Abbott Laboratories stock. It's unclear exactly how much the situation could affect Abbotts bottom line. of 15,460 shares. Learn More on Robert B. Ford's contact information. The most active insiders traders include Miles D White, Richard A Gonzalez, and Jeffrey M Leiden. Campion Murphy. 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. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. . As the President, Chief Executive Officer, and Director of Abbott Laboratories, the total compensation of Robert Ford at Abbott Laboratories is $11,897,900. #HealthyReturns" Learn More on Robert B. Ford's salary. Billions could be poured into exploration companies searching for new U.S. deposits. You can see the complete history of Mr. Ford stock trades at the bottom of the page. Abbott Laboratories (ABT)'s detailed insider trading history can be found in Insider Trading Tracker table. of 118,550 shares made by Salvadori Daniel Gesua Sive 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. 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 Ford Net Worth The estimated Net Worth of Robert B Ford is at least $41.4 Million dollars as of 25 August 2022. As of 25 August 2022 he still owns at least 244,496 units of Abbott Laboratories stock. Now, dozens of class-action lawsuits have been filed against Abbott by parents of babies who were made ill from the companys formulas. Over the past 18 months, In 2021, Abbotts COVID-19 testing-related sales totaled about $7.7 billion, up from $3.9 billion in 2020. Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. 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. You can help Wikipedia by expanding it. 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. a net The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. Stock quotes provided by InterActive Data. sale Robert Ford, left, and Miles White. 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. Our 109,000 colleagues serve people in more than 160 countries. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. [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. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. Miles White, who was Abbotts CEO from 1999 until 2020, remained with the company as executive chairman until the end of 2021. 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 Putin's invasion of Ukraine has revealed the West's dependence on Russia for their energy needs. 1 transactions in Abbott Laboratories (ABT) over the past 5 years, including 0 buys and 1 sells. In addition, he makes $11,897,900 as President, Chief Executive Officer, and Director at Abbott Laboratories. Abbott Laboratories leveled up on this year's Fortune 500 list, leaping from last year's rank of 104 to No. The most active insiders traders include Miles D White, Richard A Gonzalez y Jeffrey M Leiden. Robert Nottingham. Abbott named current COO Robert Ford its new CEO Wednesday, ushering in the first new chief executive in 21 years. The estimated Net Worth of Robert B Ford is at least $39.4 Milln dollars as of 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. There are 40 older and 3 younger executives at Abbott Laboratories. The corporate mailing address for Mr. Ford and other Abbott Laboratories executives is 100 ABBOTT PARK ROAD D-322 AP6D, ABBOTT PARK IL, 60064. On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. Abbott derives approximately 60% of sales outside the United States. There are 40 older and 3 younger executives at Abbott Laboratories. 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. The estimated Net Worth of Robert B Ford is at least $39.1 Million dollars as of 25 August 2022. This chart shows Mr. Robert B. Ford's buying and selling at Abbott Laboratories by year and by quarter. , Robert Ford is 46, he's been the President, Chief Executive Officer y Director of Abbott Laboratories since 2020. There are 1 executives at Abbott Laboratories getting paid more, with MilesWhite having the highest compensation of $27,802,800. Markets; Tools Portfolios. 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 . of 64,956 shares made by Andrea F Wainer Owen is the father of three children two sons and a daughter. ( m. 1998) . There are 40 older and 3 younger executives at Abbott Laboratories. This investment adviser does not provide advice to individual investors. But the bigger risk would have been not having these tests to fight the pandemic. Abbott did not respond to a request for comment. Enter your email address below to get our daily insider buying and selling report. and 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. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. 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; and as Executive Vice President, Medical Devices, leading Abbotts Diabetes Care, Cardiovascular and Neuromodulation businesses. . SENIOR VICE PRESIDENT Christopher J. 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 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. 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 company was founded by Wallace Calvin Abbott in 1900 and is headquartered in Abbott Park, IL. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. 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. Abbott is a global healthcare leader that helps people live more fully at all stages of life. Sponsored Content: Global Tax Rules Take Shape Whats Next for Multinational Companies? All proxy statements are public filings made available to the general public by the SEC. Within two months, he had erased the "vice" to become president of the division. Chairman of the Board and Chief Executive Officer. Thorough reviews have been conducted to assure this data accurately reflects disclosures. The company was founded by Wallace Calvin Abbott in 1900 and is headquartered in Abbott Park, IL. of ABBOTT LABORATORIES annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Learn More about insider trades at Abbott Laboratories. Other recent insider transactions involving Abbott Laboratories (ABT) include The company introduced its first two tests in March 2020 and delivered more than 400 million in 2020. Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. 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. CEO Miles White will retain his title as executive chairman of the board. Robert Sengstacke Abbott (December 24, 1870 - February 29, 1940) was an American lawyer, newspaper publisher and editor. Abbott Laboratories engages in the discovery, development, manufacture, and sale of a broad and diversified line of health care products. 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. Past performance is a poor indicator of future performance. 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. Learn More on Robert B. Ford's trading history. Abbott is also one of the world's top five baby formula vendors, which include Nestle and Danone, according to Bloomberg. Learn More on Robert B. Ford's trading history. He pulled Abbott's scientists and manufacturing teams off their projects to work on four teams, each focused on specific tests. 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). The current estimated net worth of Abbott Laboratories's CHAIRMAN AND CEO, Robert B Ford, is estimated to be about $32.44M . Learn More on Abbott Laboratories' active insiders. This chart shows Robert B Ford's buying and selling at Abbott Laboratories by year and by quarter. An early adherent of the Bah Faith in the United States, Abbott founded the Bud Billiken Parade and Picnic in August 1929. 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. 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. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Most recently he sold 40,802 units of ABT stock worth $2,571,750 on 30 January 2018. . Abbott Laboratories (ABT) 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. During the last year, insiders at the healthcare product maker sold shares 13 times. Robert B Ford currently owns a total of 1 . They sold a total of 345,468 shares worth more than $36,920,834.37. As the Chairman of Abbott Laboratories, Mr. Ford earned a total compensation package of $24,914,886.00 in 2021. GuruFocus.com is not operated by a broker or a dealer. 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 Last updated: 22 February 2023 at 6:54pm EST. Robert's mailing address filed with the SEC is 100 ABBOTT PARK ROAD, , ABBOTT PARK, IL, 60064. Click below to see everything we have to offer. Now, a little-known exploration company has defined America's largest high-quality graphite deposit near Nome, Alaska. As the President, Chief Executive Officer, and Director of Abbott Laboratories, the total compensation of Robert Ford at Abbott Laboratories is $11,897,900. , . Faith Alexis Ford is an American actress. There are 6 executives at Abbott Laboratories getting paid more, with MilesWhite having the highest compensation of $27,802,800. Chart Data in Insider Trading History Table. Abbott is a global healthcare leader that helps people live more fully at all stages of life. , Robert is currently 12 years old. The corporate mailing address for Mr. Ford and other Abbott Laboratories executives is 100 ABBOTT PARK ROAD D-322 AP6D, ABBOTT PARK IL, 60064. The Established Pharmaceutical Products segment refers to the international sales of a line of branded generic pharmaceutical products. Abbott founded The Chicago Defender in 1905, which grew to have the highest circulation of any black-owned newspaper in the country. 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. Learn More about insider trades at Abbott Laboratories. In addition, he makes $11,897,900 as President, Chief Executive Officer, and Director at Abbott Laboratories. 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. What is the salary of Mr Ford? To be detailed, the average return of stocks after 3 months bought by Robert B Ford is 15.4%. 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. Only the transactions in Open Market or Private Sale at the market prices are included. Robert B Ford owns 339,474 shares of Abbott Laboratories (ABT) as of August 25, 2022, with a value of $35 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. Fords base compensation was $1.48 million, up from $1.29 million in 2020. The estimated Net Worth of Robert B Ford is at least $39.3 Million dollars as of 25 August 2022. Investors constantly hear that lithium is the key to powering our transition to electric vehicles and clean energy. His latest promotion: Chief Executive Officer at Abbott, a global diversified healthcare company. , On this Wikipedia the language links are at the top of the page across from the article title. Most recently, Robert B. Ford sold 102,425 shares of the business's stock in a transaction on Thursday, August 25th. Get the best business coverage in Chicago, from breaking news to razor-sharp analysis, in print and online. His 2021 pay was down from $18.8 million in 2020 and $24.67 million in 2019. 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 . 1-877-812-1590, Veradigm says software glitch inflated revenue reports, Ascension nurses seek class-action status over unpaid wages, Pritzker launches children's behavioral health initiative. Robert B. Ford serves as President, Chief Executive Officer, Director of the Company. [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 Ford made $20,450,586 in total compensation as Director, Chief Executive Officer and President at Abbott Laboratories in . December 24, 1870 - February 29, 1940 ) was an American lawyer, newspaper publisher and editor by. Will retain his title as Executive Chairman of the Board and Chief Executive in 21 years Equity aggregates date! 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