ford executives salaries ford executives salaries

FORD MOTOR CO annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Thorough reviews have been conducted to assure this data accurately reflects disclosures. Car Wars: Is a Rise in Service Leading to Poor Customer Satisfaction? Als u dit bericht blijft zien, stuur dan een e-mail First published on April 27, 2020 / 10:59 PM. General Motors CEO Mary Barraearned$21.6million in total compensation in 2019. The Final Dodge Last Call Model Is Almost Here and Its Nissan Recall: More Than 800,000 Rogue, Rogue Sport Models May Have Ford Announces 2024 Mustang Pricing, With the Dark Horse Landing Just You Normally Wouldnt Call a Honda CR-V Badass, But This 800-Horsepower Refreshed 2024 Hyundai Kona Unveiled: Heres a Preview of Whats Coming. 62% of the management team is White. To inform and empower current and future business leaders by providing the insights, knowledge and connections they need to thrive in a rapidly changing industry. Executive Chairman Bill Ford's total compensation declined 4.2 percent to $16 million. om ons te informeren over dit probleem. 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). Si continas recibiendo este mensaje, infrmanos del problema Do you want to design products people fall in love with? Ford's 2019 compensation for its top executives, which includes salary, incentive bonuses, stock, and other perks, is broken down as follows: CEO Jim Hackett: $17.36 million Executive Chairman Bill Ford: $16.76 million CFO Tim Stone: $8.32 million CFO Bob Shanks: $8.32 million John Lawler, who replaced Stone as CFO on Oct. 1, at $5,983,141. Si vous continuez voir ce Zippia gives an in-depth look into the details of Ford Motor, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Ford Motor. More: Ford recalls 157K 2021 F-150 pickup trucks for wipers that could fail, More: Stellantis UAW workforce eligible for $14,670 profit-sharing checks, More: Ford CEO says automaker is sold out of electric vehicles: What it really means. Farley's included$318,864 for personal use of aircraft. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. The information shown here is a reporting of information included in the company's proxy statement. Tons of great salary information on Indeed.com Aydanos a proteger Glassdoor y demustranos que eres una persona real. Get 24/7 access to in-depth, authoritative coverage of the auto industry from a global team of reporters and editors covering the news thats vital to your business. Coupled with an EBIT margin of 7.3 percent, it was Ford's strongest performance since 2016. Yes, I'd like to receive email communications on editorial features, special offers, research and events and webinars from Automotive News. You may also find the annual proxy statement by going directly to the company's website. JM&A Group, Easycare, Assurant: Unlocking new opportunities in F&I with digital retailing, Kerrigan Advisors: Interview with Baxter Auto Group, Kerrigan Advisors: Interview with Hitchcock Automotive, OEC: How to understand what customers are saying when theyre not saying it, PACE: Electrification Technology: Once the supply chain gets over the shock, EVs offer opportunities, Pace Program Navigating advanced driver-assistance systems, Phone Ninjas: 5 Reasons you need to use phone scripts for your dealership, REYNOLDS & REYNOLDS: Creating great retail customer experiences, REYNOLDS AND REYNOLDS: Are you ready for the FTC Safeguard Rule changes? While Hackett did earn a substantial amount, he hasnt been the highest-earning automotive executive among the Big Three. FORD MOTOR CO income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Sie weiterhin diese Meldung erhalten, informieren Sie uns darber bitte per E-Mail Heres what you need to know. "Mr. Thai-Tang sets a high standard of leadership behavior and was invaluable in supporting the CEO transition and internal reorganizations under his team," the company said. CFO Bob Shanks, who was replaced by. Doug Field. The national average salary for a Ford Motor employee in the United States is $66,872 per year. The changes would apply to Galhotra, CEO Jim Farley, Executive Chair Bill Ford Jr. and other senior leaders. Detroit, Michigan The starting base salary for this Brea, CAposition is expected to be between $200,000.00 to $250,000.00 annually. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Of interest to many nonprofit readers are the salaries paid to foundation executives and to the top people in nonprofit service providers. It's the Year of the Rabbit! Can someone explain levels hierarchy at Ford? None of the information on this page has been provided or approved by Ford Motor. He earned a $1.7. Choose your news we will deliver. He has held a lifelong passion for cars, with a particular interest in hot hatchbacks and off-road rigs. The automaker is also trying to. Ford Motor Co. requires its CEO and executive chair to use private aircraft in an attempt to maximize their work time and provide additional safety, according to the federal filing. 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. William Ford: Executive: Republican Party: $14,200: Henry Ford: Sales/Marketing: Democratic Party: $14,000 . [Photo: Ford] Ford disclosed the salary and pay ratio data for its executives in an . Yes, I'd like to receive email communications on editorial features, special offers, research and events and webinars from Automotive News. The estimated additional pay is $243,443 . Sign up and get the best of Automotive News delivered straight to your email inbox, free of charge. naar What do you think? Henry Ford III, great-great-grandson of the founder, was paid $331,401. In this week's "Ask Nathan," Modular EV Truck, Using Tires for Disaster Recovery, and Wrenching on Our Own Cars? Auto theft has been on the rise over the past decade, and these states have been hit particularly hard. Heres the next step in their evolution, Champ: The history of titling and the cost of human error. Ford Motor may also be known as or be related to Ford Motor, FORD MOTOR CO, Ford Credit and Ford Motor Company. If you continue to see this For more information, see ourPrivacy Policy. Former Ford CEO Jim Hackettreceived total compensation of $16.7 million in 2020 for running the company for nine months, according to documents the Dearborn automakerreleased Thursday. This report is not for commercial use. His responsibilities expanded last year. In 2020, Ford compensated its directors in cash, stock and other benefits from$96,760 for director Jon Huntsman to $996,733 for director Edsel B.Ford II, which reflectsconsulting fees. The report showed Fordemployees earneda median annual total compensation of $61,778 in 2020, down from$110,706 in 2019 and $64,316 in 2018. Based on 4 salaries posted anonymously by Ford Motor Company Executive Director employees in Freeport, MI. Base salary considers skills, experience and competitive market value. Aircraft costs are based onfuel, maintenance, flight crew, insurance and hangar storage expenses. Salary ranges represent what Ford pays for a job within a salary grade or leadership level based ISSN 2576-1064 (print) real person. Ford itemized more than $74.5million in executive compensation for its top fiveexecutives in 2021: Farley, chief financial officer John Lawler, board chair Bill Ford,chief enterprise technology officer Michael Amend and Chief EV and Digital Systems Officer for Ford Model e, Doug Field, filings show. Get a free, personalized salary estimate based on today's job market. Related Searches:All Executive Director Salaries|All Ford Motor Company Salaries. "The Ford Compensation Committee changed its name to the Compensation, Talent and Culture Committee to reflect its responsibilities related to significant people-related strategies to enhance oversight of human capital management," the filing said. And also salary ranges/ benefits for those levels?Current TC: 95k In this role, he is globally responsible for overseeing all aspects of the companys design, engineering, research and product development, as well as purchasing operations.He most recently has served as group vice president, Global Purchasing, a position Thai-Tang has held since August 1, 2013. Haig Partners: Dealership consolidation trends, Haig Partners: Dealership valuation trends, Haig Partners: Dealership succession planning, Ally: Navigating the future of automotive retailing, Google: How a century-old brand is transforming the auto industry. The estimated base pay is $196,580 per year. His $17.4 million in total compensation was down slightly from $17.8 million in 2018, but he still earned 157 times the average employees median total compensation of $110,706. This material may not be published, broadcast, rewritten, or redistributed. Read more on Ford and sign up for our autos newsletter. That total consists of a $1.4 million base salary, $5.1 million in stock awards, and around $4.2 million in other awards. White is the most common ethnicity company-wide. Ford posted adjusted EBIT for 2021 of $10 billion, roughly four times its 2020 earnings. ISSN 2576-1072 (online), Stellantis CEO Tavares' 2022 pay fell 14%, Sponsored Content: Drive higher results for your marketing campaigns, Sponsored Content: Upgrade Your Dealership Sales Process to Win Todays Buyers. In addition to the executive salaries, Ford Executive Chairman Bill Ford Jr., great-grandson of company founder Henry Ford, will defer 100% of his cash salary. We havent detailed which ones," Ford spokesman T.R. Managing Director, Product Development, Ford-Werke GmbH, and Executive Director, Engineering, Ford of Europe Dave Bozeman Vice President, Ford Customer Service Division, Enthusiast Vehicles, Ford Blue How accurate is this most likely Total Pay range (base + additional) of $330K-$605K/yr? We are sorry for the inconvenience. View Top Engineering Executive Salary in Kyles Ford, TN, and get a free salary report with salary range, bonus, and benefits information. (CBS DETROIT) - Ford is also facing financial issues after its top executive salaries totaled $70 million while the company only made $47 million last year. Some related job titles areChief Operating Officer salaries with median pay of $354,128,Senior Director salaries with median pay of $326,769,Vice President salaries with median pay of $321,609,CEO salaries with median pay of $377,206. The most common ethnicity among Ford Motor executive officers is White. The data presented on this page does not represent the view of Ford Motor and its employees or that of Zippia. Base salary is twice-monthly pay that is determined on a competitive basis and adjusted according to performance, job scope and responsibility, and position-in-range. Haig: Buy-Sell Q&A: What is the value of an M&A advisor? Onze In addition to Farley, Ford also disclosed its top executive pay in 2021: Payments to Amend and Field reflect signing bonuses, with $800,000 for Amend and $500,000 for Field, the federal filing said Friday. In A Wave Of Awful Car Sales, Tesla Still Managed A Strong Performance, The BMW R18 Is A Modern Throwback With The Brands Most Powerful Boxer Engine Ever, Auto Theft Is a Growing Epidemic, And You Really Need to Watch Out In These States, The Final Dodge Last Call Model Is Almost Here and Its Packing 7.1 Extra Pounds ofSomething, Nissan Recall: More Than 800,000 Rogue, Rogue Sport Models May Have Ignition Key Problem. Please select at least one newsletter to subscribe. The charts on this page feature a breakdown of the total annual pay for the top executives at FORD MOTOR CO as reported in their proxy statements. "Throughout 2020, he provided steady leadership while overseeing new product launches and the launch of the company's 'Built for America' and 'Built to Lend a Hand' campaigns using virtual platforms," the company said of awarding Galhotra an incremental bonus. Stone earned $6.2 million, including a salary of just more than $1 million. ISSN 2576-1072 (online), Stellantis CEO Tavares' 2022 pay fell 14%, Sponsored Content: 5 Ways to Master Declined Service Follow-ups, Sponsored Content: Auto dealers are here to stay. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. All proxy statements are public filings made available to the general public by the SEC. Wenn Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. Allstate: Compliance standards are changing. Join us at www.careers.ford.com! FORD MOTOR CO income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. Meanwhile, the company will double bonuses for lower-level employees, from 54% of their . Car Wars: Is a Rise in Service Leading to Poor Customer Satisfaction? Bill Ford at $16,046,542, down from$16.8 millionin 2019. The executives achieved none of their revenue, cash flow or pretax earnings targets because of the pandemic disrupting production and sales, but they exceeded the company's quality targets. Please indicate whether you are a shareholder, customer, supplier or other interested party. Your input helps Glassdoor refine our pay estimates over time. Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. ein Mensch und keine Maschine sind. Ford itemized more than $74.5 million in executive compensation for its top five executives in 2021: Farley, chief financial officer John Lawler, board chair Bill Ford, chief enterprise. questo messaggio, invia un'email all'indirizzo Happy Lunar New Year from all of us at Ford! Joseph "Chef Joe" Nader Jr., executive chef and former owner of a well-known chocolatier business and a meal prep business, has died. Farley's pay included a $1.4 million base salary, $5.1. Hackett was, by a wide margin, Fords largest individual earner in 2019. Haig Partners: Dealership consolidation trends, Haig Partners: Dealership valuation trends, Haig Partners: Dealership succession planning, Ally: Navigating the future of automotive retailing, Google: How a century-old brand is transforming the auto industry. Farley held multiple leadershiproles in 2020, including president of new business, technology and strategy as well aschief operating officer. Hau Thai-Tang is executive vice president of Product Development and Purchasing, Ford Motor Company, effective June 1, 2017. For more information, see ourPrivacy Policy. #WeAreFord Thelower amountin this years filingreflects whatLawler actually received. Meanwhile, Farley is being rewarded on strength of performance in his first full year as CEO, said Ford spokesperson Catherine Hargett. Galhotra made $8.5 million in 2020, including an $865,000 salary. Former CEO Jim Hackett received the largest pandemic bonus: $1.26 million. Member, Board of Directors, Ford Motor Company Alexandra Ford English Member, Board of Directors, Ford Motor Company HENRY FORD III Member, board of directors, Ford motor company William W. Helman IV Member, Board of Directors, Ford Motor Company Jon M. Huntsman, JR Vice Chair, Policy, Ford Motor Company WILLIAM E. KENNARD Get started with your Free Employer Profile, average salary for an Executive Director is $129,383 per year in United States, The Ultimate Job Interview Preparation Guide. DETROIT Jim Farley's total compensation from Ford Motor Co. jumped 41 percent to $11.8 million in 2020, when he took over as CEO. Stone, who was hired April 15 and assumed his CFO role June 1: $8.32 million. Lisa Drake. Heres the next step in their evolution, Champ: The history of titling and the cost of human error. Ford listed Hackett's retirement from the company as March 31, 2021, in its U.S. Securities and Exchange Commission filings. Choose your news we will deliver. While all Big Three automakers suffered on the sales front through March 2020, one strong area was in trucks. That's up from $8,361,479 in 2019. Steven Croley. The ratio of the CEO's total compensation to the medianof all employees' total compensation is 356 to 1. Ford CEO Jim Farley received total compensation of $22,813,174in 2021for running the company, according to documents the Dearborn automakerreleased Friday. His compensation also included $830,305 for personal use of aircraft. 2,231 employees received more than $100,000 in compensation with the 17 most highly compensated employees listed below: $4,746,145: Nancy M Schlicting, CEO, Trustee More: Bill Ford describes his future, role of daughter as first female Ford family member on board, More: Despite COVID-19 and scandal, UAW income and strike fund grow with steady membership, The proxyreport is prepared in advance of a May 13 virtual annual shareholders meeting. Ford said executives exceeded cash flow, pretax earnings and quality targets, although they achieved none of their revenue goals. Salaries at Ford Motor Company range from an average of $68,185 to $132,153 a year. CEO Jim Farley, who assumedthe helmon Oct. 1, earned $11,802,054 in executive compensation for the whole year. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Other highly-paid executives include chief financial officer Tim Stone, who earned $8.3 million in his first year at Ford. Hackett's 2020 compensation totaled $16.7 million, down 3.6 percent from 2019. Nader, of Plymouth, died on Thursday, March 2, at . "His CEO compensation is 90% performance based and is in line with his industry peers.". His $16.7 million in total compensation broke down as $1.8 million in salary, $7.9. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. Among Southeastern Michigan foundations, topping the salary list is Rip Rapson of the Kresge Foundation at $695,468. ISSN 0005-1551 (print) Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. las molestias. 1155 Gratiot Avenue Follow her on Twitter @phoebesaid. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. The document notes Farley's "accession" to CEO led to his unveiling "The Plan: Ford's strategy to speed our transformation, improve execution, and drive growth. Both Hau Thai-Tang, now chief industrial platform officer, andKumar Galhotra, now president of Ford Blue,fell off the list of top paid executives. Se continui a visualizzare He was 52. 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Fords stock prices have also tumbled to just over $4 a share (down over half in March alone), and the company had its credit rating downgraded to junk status on lower demand caused by the coronavirus pandemic, and an outlook that Ford could struggle to maintain a competitive position as it burns through its cash reserves and lines of credit. The company's compensation committee did, however, make a one-time alteration to its bonus plans to reward Ford's top executives for their response to the pandemic. "Specifically, the financial performance of the company was above plan despite production losses due to the semiconductor supply shortage, the dividend was reinstated in the fourth quarter of 2021, and significant efforts were made to strengthen the balance sheet by repurchasing and redeeming $7.6 billion of high-cost debt, deleveraging the balance sheet and significantly reducing our ongoing interest expense.". You can unsubscribe at any time through links in these emails. "We regularly meet with investors to discuss and receive feedback on various topics, including long-term strategy; financial and operating performance; risk management; environmental, social, and governance practices, and executive compensation practices," the Ford filing said.