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. . [11] In April 2020, Chief Executive recognized Ford for Abbott's response to accessibility for testing. [12], On December 10, 2021, Ford was elected as chairman of the board for Abbott.[13]. The Established Pharmaceutical Products segment refers to the international sales of a line of branded generic pharmaceutical products. Other recent insider transactions involving Abbott Laboratories (ABT) include 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 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 Ford Net Worth The estimated Net Worth of Robert B Ford is at least $41.4 Million dollars as of 25 August 2022. 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 has made over 4 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, and Director at Abbott Laboratories. Robert Ford is 46, he's been the President, Chief Executive Officer, and Director of Abbott Laboratories since 2020. brought The current estimated net worth of Abbott Laboratories's CHAIRMAN AND CEO, Robert B Ford, is estimated to be about $32.44M . It operates through the following segments: Established Pharmaceutical Products, Nutritional Products, Diagnostic Products, and Medical Devices. 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. . You can select different timeframes to see how Robert B Ford's insider trading performs compared to the benchmark. Abbott Laboratories (ABT) Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. As the Chairman of Abbott Laboratories, Mr. Ford earned a total compensation package of $24,914,886.00 in 2021. 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 . You can see the complete history of Mr. Ford stock trades at the bottom of the page. Gurus may be added or dropped from the GuruFocus site at any time. E-mail oureditor Abbott Laboratories can also be reached via phone at (224) 667-6100. As Chairman of the Board and Chief Executive Officer at ABBOTT LABORATORIES, Robert B. Ford made $22,159,543 in total compensation. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. Insiders are limited to only officers and/or directors of the company. 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. 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. Get the best business coverage in Chicago, from breaking news to razor-sharp analysis, in print and online. What is the salary of Mr Ford? Information on this page was last updated on 2/22/2023. ABBOTT LABORATORIES annual reports of executive compensation and pay are most commonly found in the Def 14a documents. See Why Investors Are So Excited About This. Enjoy a 7-Day Free Trial Thru Mar 08, 2023! There are 1 executives at Abbott Laboratories getting paid more, with MilesWhite having the highest compensation of $27,802,800. 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. 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. Only the transactions in Open Market or Private Sale at the market prices are included. 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. There are 40 older and 3 younger executives at Abbott Laboratories. 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. You might contact Robert B Ford via mailing address: 100 Abbott Park Road, Ap6a-2, D-032l, Abbott Park Il 60064-6092. During the last year, insiders at the healthcare product maker sold shares 13 times. Investors constantly hear that lithium is the key to powering our transition to electric vehicles and clean energy. Details can be seen in Robert B Ford's Latest Holdings Summary section. Billions could be poured into exploration companies searching for new U.S. deposits. What is Robert B. Ford's salary? [2] 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 . 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 most active insiders traders include Miles D White, Richard A Gonzalez, and Jeffrey M Leiden. Fundamental company data provided by Morningstar, updated daily. He joined Abbott's Diagnostics division in 1996 as a Business Unit Manager in Diabetes Care. Our 109,000 colleagues serve people in more than 160 countries. On average, Robert trades about 5,882 units every 58 days since 2014. Abbott manufactures and markets medical devices, adult and pediatric nutritional products, diagnostic equipment and testing kits, and branded generic drugs. Get notified the next time Robert B. Ford buys or sells Abbott Laboratories stock. But the bigger risk would have been not having these tests to fight the pandemic. White will step down as CEO March 31, 2020, after a tenure that saw the company's acquisitions . of 799,867 shares. The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. Learn More on Robert B. Ford's trading history. He subsequently held various positions of increasing responsibility for Abbott's Diagnostics, Nutrition and Diabetes Care businesses. . Within two months, he had erased the "vice" to become president of the division. Coronavirus Tips Working and Protection. As the Chairman and Pres & CEO of Abbott Laboratories, the total compensation of Mr Ford at Abbott Laboratories is $5,051,334. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. On average, Robert trades about 5,882 units every 58 days since 2014. Mr. Ford owns 142,071 shares of Abbott Laboratories stock worth more than $14,272,453 as of February 25th. The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. Stock quotes provided by InterActive Data. He will become the 13th CEO in the company's 131-year history. 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 information shown here is a reporting of information included in the company's proxy statement. Fords base compensation was $1.48 million, up from $1.29 million in 2020. Transaction Summary of Robert B Ford His 2021 pay was down from $18.8 million in 2020 and $24.67 million in 2019. The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. sale 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. Learn More about insider trades at Abbott Laboratories. World leaders must find new sources of minerals, such as copper, essential to their transition to energy independence. . 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 largest trade he's ever made was exercising 102,425 units of Abbott Laboratories stock on 25 August 2022 worth over $4,121,582. There are 6 executives at Abbott Laboratories getting paid more, with MilesWhite having the highest compensation of $27,802,800. This chart shows Mr. Robert B. Ford's buying and selling at Abbott Laboratories by year and by quarter. The estimated net worth of Robert B Ford is at least $34 Million dollars as of 2023-02-25. Most recently, Robert B. Ford sold 102,425 shares of the business's stock in a transaction on Thursday, August 25th. Robert B. Ford serves as President, Chief Executive Officer, Director of the Company. The most active insiders traders include Miles D White, Richard A Gonzalez, and Jeffrey M Leiden. The estimated Net Worth of Robert B Ford is at least $39.4 Milln dollars as of 25 August 2022. Mr. Ford owns over 102,425 units of Abbott Laboratories stock worth over $24,562,068 and over the last 9 years he sold ABT stock worth over $2,638,762. Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. In 2021, Abbotts COVID-19 testing-related sales totaled about $7.7 billion, up from $3.9 billion in 2020. He received nearly $16 million during his last year with Abbott, the filing shows. You can help Wikipedia by expanding it. [5], On March 31, 2020, Ford became the chief executive officer of Abbott Laboratories, elected unanimously by the company's board. Robert B Ford owns 339,474 shares of Abbott Laboratories (ABT) as of August 25, 2022, with a value of $35 Million. Abbott is a global healthcare leader that helps people live more fully at all stages of life. Learn More on Robert B. Ford's contact information. Robert has made over 4 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. Source: Pinterest Age And Net Worth . the total compensation of Mr Ford at Abbott Laboratories is $5,051,334. For its 2021 fiscal year, ABBOTT LABORATORIES, listed the following CEO pay ratio data on its annual proxy statement to the SEC. See who is leading new copper discoveries and how. Last updated: 22 February 2023 at 6:54pm EST. Calamari As the Chairman and Pres & CEO of Abbott Laboratories, the total compensation of Mr Ford at Abbott Laboratories is $5,051,334. Robert Sengstacke Abbott (December 24, 1870 - February 29, 1940) was an American lawyer, newspaper publisher and editor. 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 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. This article about a United States businessperson is a stub. [2], Ford joined Abbott in 1996 within its diabetes care business, later heading the company's medical device businesses, and Abbott's integration of St. Jude Medical in 2017, its largest acquisition at the time. There are 1 executives at Abbott Laboratories getting paid more, with MilesWhite having the highest compensation of $27,802,800. Abbott Laboratories leveled up on this year's Fortune 500 list, leaping from last year's rank of 104 to No. Learn More on Robert B. Ford's contact information. This net worth estimate does not reflect any other investments that Mr. Ford may own. of He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. Robert B. Ford serves as President, Chief Executive Officer, Director of the Company. . sale There are 40 older and 3 younger executives at Abbott Laboratories. An early adherent of the Bah Faith in the United States, Abbott founded the Bud Billiken Parade and Picnic in August 1929. The FDA says two deaths have so far been linked to contaminated Abbott formula. This net worth estimate does not reflect any other investments that Mr. Ford may own. 1 transactions in Abbott Laboratories (ABT) over the past 5 years, including 0 buys and 1 sells. Details can be seen in Robert B Ford's Latest Holdings Summary section. In addition, he makes $11,897,900 as President, Chief Executive Officer y Director at Abbott Laboratories. 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 . They sold a total of 345,468 shares worth more than $36,920,834.37. 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. As the President, Chief Executive Officer, and Director of Abbott Laboratories, the total compensation of Robert Ford at Abbott Laboratories is $11,897,900. Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. Abbott Laboratories can also be reached via phone at (224) 667-6100. Our 109,000 colleagues serve people in more than 160 countries. The company introduced its first two tests in March 2020 and delivered more than 400 million in 2020. Robert Ford made $20,450,586 in total compensation as Director, Chief Executive Officer and President at Abbott Laboratories in . Our 109,000 colleagues serve people in more than 160 countries. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. CEO Miles White will retain his title as executive chairman of the board. The Established Pharmaceutical Products segment refers to the international sales of a line of branded generic pharmaceutical products. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. ABBOTT LABORATORIES income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Thorough reviews have been conducted to assure this data accurately reflects disclosures. 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 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. What is the salary of Mr Ford? 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. 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 CHAIRMAN AND CEO of Abbott Laboratories and owns about 339,474 shares of Abbott Laboratories (ABT) stock worth over $35 Million. 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. sale 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. Previously, he served as President and Chief Operating Officer; and as Executive Vice President, Medical Devices, leading Abbotts Diabetes Care, Cardiovascular and Neuromodulation businesses. The website that you have requested also may not be optimized for your screen size. Chicago, IL 60601 Robert B Ford is the Senior Vice President of Abbott Laboratories. a net Click here to get the full experience on your screen. Robert B. Ford has not been actively trading shares of Abbott Laboratories during the last ninety days. sale 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. Click here to see the complete history of Robert B Fords form 4 insider trades. He subsequently held various positions of increasing responsibility for Abbott's Diagnostics, Nutrition and Diabetes Care businesses. of 15,460 shares. How much does Robert Ford of Abbott make? Learn More on Robert B. Ford's salary. Information on this page was last updated on 2/22/2023. Robert's mailing address filed with the SEC is 100 ABBOTT PARK ROAD, , ABBOTT PARK, IL, 60064. What is Robert B. Ford's salary? Text size. Over the past 18 months, On this Wikipedia the language links are at the top of the page across from the article title. Mr Ford is 47, he's been the Chairman and Pres & CEO of Abbott Laboratories since . The Nutritional Products segment caters to the worldwide sales of adult and pediatric nutritional products. 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 Based on ownership reports from SEC filings, as the reporting owner, Robert B Ford owns 1 companies in total, including 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 . Sponsored Content: Global Tax Rules Take Shape Whats Next for Multinational Companies? There are 39 older and 4 younger executives at Abbott Laboratories. The most active insiders traders include Miles D White, Richard A Gonzalez, and Jeffrey M Leiden. [8], At the beginning of the COVID-19 pandemic, Ford led the company's COVID-19 testing development and distribution. Robert B Ford is abbott net worth. This information is according to proxy statements filed for the 2021 fiscal year. Other transactions such as conversion of derivative security or exercise of options are not included. no insider transaction in Abbott Laboratories (ABT). Abbott named current COO Robert Ford its new CEO Wednesday, ushering in the first new chief executive in 21 years. On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. 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