Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. 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 Laboratories can also be reached via phone at (224) 667-6100. Learn More about insider trades at Abbott Laboratories. Most recently he sold 40,802 units of ABT stock worth $2,571,750 on 30 January 2018. . 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. Abbott Laboratories leveled up on this year's Fortune 500 list, leaping from last year's rank of 104 to No. Learn More about Robert B. Ford's net worth. You can see the complete history of Mr. Ford stock trades at the bottom of the page. Markets; Tools Portfolios. On this Wikipedia the language links are at the top of the page across from the article title. . Abbott Laboratories can also be reached via phone at (224) 667-6100. 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. 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. This chart shows Mr. Robert B. Ford's buying and selling at Abbott Laboratories by year and by quarter. 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. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. The estimated Net Worth of Robert B Ford is at least $39.3 Million dollars as of 25 August 2022. Robert B. Ford has not been actively trading shares of Abbott Laboratories within the last three months. 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. Learn More on Robert B. Ford's salary. Robert B Ford is White will step down as CEO March 31, 2020, after a tenure that saw the company's acquisitions . The Most Powerful Women In Chicago Business. Based on ownership reports from SEC filings, as the reporting owner, Robert B Ford owns 1 companies in total, including 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. [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. ABBOTT LABORATORIES income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Robert B. Ford Net Worth Mr. Robert B. Ford biography. 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. Abbott derives approximately 60% of sales outside the United States. Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. Details can be seen in Robert B Ford's Latest Holdings Summary section. A bacteria called cronobacter sakazakii has been linked to baby powder formulas manufactured at the plant, which have led to complaints of babies becoming ill. Print. The website that you have requested also may not be optimized for your screen size. Other recent insider transactions involving Abbott Laboratories (ABT) include Fundamental company data provided by Morningstar, updated daily. 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. He will become the 13th CEO in the company's 131-year history. As the President, Chief Executive Officer, and Director of Abbott Laboratories, the total compensation of Robert Ford at Abbott Laboratories is $11,897,900. 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. 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. no insider transaction in Abbott Laboratories (ABT). The estimated net worth of Robert B. Ford is at least $14.27 million as of August 25th, 2022. 2004-2023 GuruFocus.com, LLC. 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). Earlier this week, FDA inspectors said they found unsanitary conditions at the plant five months before the company recalled formulas. 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. sale The Nutritional Products segment caters to the worldwide sales of adult and pediatric nutritional products. 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. Gurus may be added or dropped from the GuruFocus site at any time. 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. Truth is, switching from gas-powered isn't possible without massive amounts of graphite. sale ABBOTT LABORATORIES annual reports of executive compensation and pay are most commonly found in the Def 14a documents. SENIOR VICE PRESIDENT Louis H. Morrone Previously, he served as President and Chief Operating Officer; and as Executive Vice President, Medical Devices, leading Abbotts Diabetes Care, Cardiovascular and Neuromodulation businesses. Learn More on Abbott Laboratories' active insiders. Robert Nottingham. Chart Data in Insider Trading History Table. Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. 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 also one of the world's top five baby formula vendors, which include Nestle and Danone, according to Bloomberg. As Chairman of the Board and Chief Executive Officer at ABBOTT LABORATORIES, Robert B. Ford made $22,159,543 in total compensation. The estimated net worth of Robert B Ford is at least $35 Million dollars as of 2023-03-01. Putin's invasion of Ukraine has revealed the West's dependence on Russia for their energy needs. of There are 40 older and 3 younger executives at Abbott Laboratories. 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. Abbott is a global healthcare leader that helps people live more fully at all stages of life. Insiders at Abbott Laboratories own 0.5% of the company. a net He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. For its 2021 fiscal year, ABBOTT LABORATORIES, listed the following CEO pay ratio data on its annual proxy statement to 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. Only the transactions in Open Market or Private Sale at the market prices are included. Previously, he served as President and Chief Operating Officer; and as Executive Vice President, Medical Devices, leading Abbotts Diabetes Care, Cardiovascular and Neuromodulation businesses. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. The FDA says two deaths have so far been linked to contaminated Abbott formula. Details can be seen in Robert B Ford's Latest Holdings Summary section. Click below to see everything we have to offer. Robert B. Ford serves as President, Chief Executive Officer, Director of the Company. Get the best business coverage in Chicago, from breaking news to razor-sharp analysis, in print and online. 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 past 18 months, Sponsored Content: Global Tax Rules Take Shape Whats Next for Multinational Companies? Learn More on Robert B. Ford's trading history. He joined Abbott's Diagnostics division in 1996 as a Business Unit Manager in Diabetes Care. 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. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. . Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. . , Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. 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 Chicago, IL 60601 "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. You can help Wikipedia by expanding it. The most active insiders traders include Miles D White, Richard A Gonzalez, and Jeffrey M Leiden. 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 Laboratories engages in the discovery, development, manufacture, and sale of a broad and diversified line of health care products. 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. He joined Abbott's Diagnostics division in 1996 as a Business Unit Manager in Diabetes Care. On average, Robert trades about 5,882 units every 58 days since 2014. Robert B Ford around $11 Million. 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. There are 1 executives at Abbott Laboratories getting paid more, with MilesWhite having the highest compensation of $27,802,800. See Why Investors Are So Excited About This. Last updated: 22 February 2023 at 6:54pm EST. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. Mr. Ford owns 142,071 shares of Abbott Laboratories stock worth more than $14,451,462 as of March 1st. Abbott Laboratories (ABT) Mr. Ford owns 142,071 shares of Abbott Laboratories stock worth more than $14,272,453 as of February 25th. and Chart Data in Insider Trading History Table. There are no executives at Abbott Laboratories getting paid more. 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 . Learn More on Robert B. Ford's contact information. There are 1 executives at Abbott Laboratories getting paid more, with MilesWhite having the highest compensation of $27,802,800. 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. a net In addition, he makes $11,897,900 as President, Chief Executive Officer y Director at Abbott Laboratories. Enter your email address below to get our daily insider buying and selling report. [1] He received a bachelor's degree from Boston College and an MBA in business administration from at Berkeley's Haas School of Business. . Enjoy a 7-Day Free Trial Thru Mar 08, 2023! 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 . Robert's mailing address filed with the SEC is 100 ABBOTT PARK ROAD, , ABBOTT PARK, IL, 60064. The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. This investment adviser does not provide advice to individual investors. What is Robert B. Ford's salary? 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. Robert is currently 12 years old. There are 40 older and 3 younger executives at Abbott Laboratories. 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 . GuruFocus.com is not operated by a broker or a dealer. The most active insiders traders include Miles D White, Richard A Gonzalez, and Jeffrey M Leiden. Chicago, Illinois Robert Ford's listing in the Class of 2015 student directory identified him as vice president, Abbott Diabetes Care. The corporate mailing address for Mr. Ford and other Abbott Laboratories executives is 100 ABBOTT PARK ROAD D-322 AP6D, ABBOTT PARK IL, 60064. Learn More on Abbott Laboratories' active insiders. [5], On March 31, 2020, Ford became the chief executive officer of Abbott Laboratories, elected unanimously by the company's board. 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 . Get notified the next time Robert B. Ford buys or sells Abbott Laboratories stock. Thorough reviews have been conducted to assure this data accurately reflects disclosures. You may also find the annual proxy statement by going directly to the company's website. 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 has made over 4 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Owen is the father of three children two sons and a daughter. Enter your email address below to get our daily insider buying and selling report. 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. Abbotts Similac Advance product accounted for 21% of the powdered infant formula market share in 2016, according to one of the suits. 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. Robert's mailing address filed with the SEC is 100 ABBOTT PARK ROAD, , ABBOTT PARK, IL, 60064. of 118,550 shares made by Salvadori Daniel Gesua Sive Is Abbott a Fortune 500 company? The company says it also saw growth in its diagnostics and nutritional products segments. 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. An early adherent of the Bah Faith in the United States, Abbott founded the Bud Billiken Parade and Picnic in August 1929. Share. Past performance is a poor indicator of future performance. Robert has made over 4 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. According to the SEC Form 4 filings, Robert B Ford has made a total of He joined Abbott's Diagnostics division in 1996 as a Business Unit Manager in Diabetes Care. 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. Learn More on Abbott Laboratories' active insiders. Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. What is the salary of Mr Ford? However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. 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. 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 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. Coronavirus Tips Working and Protection. Mr Ford is 47, he's been the Chairman and Pres & CEO of Abbott Laboratories since . and Source: Pinterest Age And Net Worth . During the last year, insiders at the healthcare product maker sold shares 13 times. Last updated: 1 February 2023 at 11:00am EST. There are 39 older and 4 younger executives at Abbott Laboratories. It's unclear exactly how much the situation could affect Abbotts bottom line. Robert B Ford is the Senior Vice President of Abbott Laboratories. 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 . Oct 05, 2021, 11:00 ET. 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. On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. Abbott is a global healthcare leader that helps people live more fully at all stages of life. 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. The estimated Net Worth of Robert B Ford is at least $39.6 Million dollars as of 25 August 2022. GuruFocus also compares Robert B Ford's trading performance to market benchmark return within the same time period. 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