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. Billions could be poured into exploration companies searching for new U.S. deposits. Last updated: 22 February 2023 at 6:54pm EST. Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. Please note GuruFocus will not track the insiders transaction performance if he/she does not have buying transactions. Learn More on Robert B. Ford's trading history. 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. Learn More on Robert B. Ford's contact information. The company introduced its first two tests in March 2020 and delivered more than 400 million in 2020. 102,425 shares on August 25, 2022, which The current estimated net worth of Abbott Laboratories's CHAIRMAN AND CEO, Robert B Ford, is estimated to be about $32.44M . Enter your email address below to get our daily insider buying and selling report. 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 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. 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. Robert B. Ford Net Worth Mr. Robert B. Ford biography. In addition, he makes $11,897,900 as President, Chief Executive Officer, and Director at Abbott Laboratories. The most active insiders traders include Miles D White, Richard A Gonzalez, and Jeffrey M Leiden. On average, Robert trades about 5,882 units every 58 days since 2014. 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 . Abbott Laboratories leveled up on this year's Fortune 500 list, leaping from last year's rank of 104 to No. There are 40 older and 3 younger executives at Abbott Laboratories. Abbott recalled some of its formulasnotably its Similac line. Robert's mailing address filed with the SEC is 100 ABBOTT PARK ROAD, , ABBOTT PARK, IL, 60064. See who is leading new copper discoveries and how. no insider transaction in Abbott Laboratories (ABT). The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. This information is according to proxy statements filed for the 2021 fiscal year. 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. The Most Powerful Women In Chicago Business. Combined, the North Chicago-based company paid more than $40 million in 2021 for the services of Ford and White. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The performance of stocks bought by Robert B Ford within 3 months outperforms 1 times out of 1 transactions in total compared to the return of S&P 500 within the same period. Transaction Summary of Robert B Ford As the Chairman and Pres & CEO of Abbott Laboratories, the total compensation of Mr Ford at Abbott Laboratories is $5,051,334. You can select different timeframes to see how Robert B Ford's insider trading performs compared to the benchmark. The estimated Net Worth of Robert B Ford is at least $39.3 Million dollars as of 25 August 2022. . The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. He joined Abbott's Diagnostics division in 1996 as a Business Unit Manager in Diabetes Care. Abbott Laboratories can also be reached via phone at (224) 667-6100. He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. 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). The estimated Net Worth of Robert B Ford is at least $39.6 Million dollars as of 25 August 2022. Abbott is a global healthcare leader that helps people live more fully at all stages of life. Other recent insider transactions involving Abbott Laboratories (ABT) include Information on this page was last updated on 2/22/2023. 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. [1] He received a bachelor's degree from Boston College and an MBA in business administration from at Berkeley 's Haas School of Business. Details can be seen in Robert B Ford's Latest Holdings Summary section. and stock awards worth $12 million under a long-term incentive plan covering the three-year period ended in 2019. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. 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. White will step down as CEO March 31, 2020, after a tenure that saw the company's acquisitions . Abbott Laboratories engages in the discovery, development, manufacture, and sale of a broad and diversified line of health care products. View saved articles. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Senior Vice President Fernando Mateus How much does Robert Ford of Abbott make? Abbott manufactures and markets medical devices, adult and pediatric nutritional products, diagnostic equipment and testing kits, and branded generic drugs. 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. Learn More on Abbott Laboratories' active insiders. Learn More on Robert B. Ford's trading history. GuruFocus.com is not operated by a broker or a dealer. Miles White, who was Abbotts CEO from 1999 until 2020, remained with the company as executive chairman until the end of 2021. The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. It operates through the following segments: Established Pharmaceutical Products, Nutritional Products, Diagnostic Products, and Medical Devices. 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. As the President, Chief Executive Officer, and Director of Abbott Laboratories, the total compensation of Robert Ford at Abbott Laboratories is $11,897,900. He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. Details can be seen in Robert B Ford's Latest Holdings Summary section. 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 . Robert B Ford is the CHAIRMAN AND CEO of Abbott Laboratories and owns about 339,474 shares of Abbott Laboratories (ABT) stock worth over $34 Million . Learn More on Abbott Laboratories' active insiders. Fords base compensation was $1.48 million, up from $1.29 million in 2020. He will become the 13th CEO in the company's 131-year history. Abbott derives approximately 60% of sales outside the United States. abbott net worth. 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. His father's net worth is $70 Million. Source: Pinterest Age And Net Worth . Chairman of the Board and Chief Executive Officer. As Chairman of the Board and Chief Executive Officer at ABBOTT LABORATORIES, Robert B. Ford made $22,159,543 in total compensation. Get notified the next time Robert B. Ford buys or sells Abbott Laboratories stock. 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. 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. This article about a United States businessperson is a stub. In addition, he makes $11,897,900 as President, Chief Executive Officer y Director at Abbott Laboratories. The estimated Net Worth of Robert B Ford is at least $39.4 Milln dollars as of 25 August 2022. SENIOR VICE PRESIDENT Louis H. Morrone Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. Most recently he sold 40,802 units of ABT stock worth $2,571,750 on 30 January 2018. . Abbott Laboratories (ABT)'s detailed insider trading history can be found in Insider Trading Tracker table. On this Wikipedia the language links are at the top of the page across from the article title. 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 website that you have requested also may not be optimized for your screen size. In addition, he makes $11,897,900 as President, Chief Executive Officer, and Director at Abbott Laboratories. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. and On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. The FDA says two deaths have so far been linked to contaminated Abbott formula. The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. Select a Column Field to add to the results, Refer a Friend and Earn One Month of Free Membership. There are 1 executives at Abbott Laboratories getting paid more, with MilesWhite having the highest compensation of $27,802,800. 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 company was founded by Wallace Calvin Abbott in 1900 and is headquartered in Abbott Park, IL. 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. There are 40 older and 3 younger executives at Abbott Laboratories. of 64,956 shares made by Andrea F Wainer 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. The most active insiders traders include Miles D White, Richard A Gonzalez y Jeffrey M Leiden. sale Is Abbott a Fortune 500 company? This chart shows Mr. Robert B. Ford's buying and selling at Abbott Laboratories by year and by quarter. ABBOTT LABORATORIES income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Abbott is also one of the world's top five baby formula vendors, which include Nestle and Danone, according to Bloomberg. 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. But he collected the same $1.9 million . Robert B Ford is the Senior Vice President of Abbott Laboratories. 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. Click here to get the full experience on your screen. The estimated net worth of Robert B Ford is at least $35 Million dollars as of 2023-03-01. Share. He subsequently held various positions of increasing responsibility for Abbott's Diagnostics, Nutrition and Diabetes Care businesses. Robert B. Ford serves as President, Chief Executive Officer, Director of the Company. Previously, he served as President and Chief Operating Officer; and as Executive Vice President, Medical Devices, leading Abbotts Diabetes Care, Cardiovascular and Neuromodulation businesses. Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. 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. Faith Alexis Ford is an American actress. Robert B. Ford Net Worth Mr. Robert B. Ford biography. This net worth estimate does not reflect any other investments that Mr. Ford may own. of 15,460 shares. 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. What is the salary of Mr Ford? Abbott did not respond to a request for comment. He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. For its 2021 fiscal year, ABBOTT LABORATORIES, listed the following CEO pay ratio data on its annual proxy statement to the SEC. As the Chairman and Pres & CEO of Abbott Laboratories, the total compensation of Mr Ford at Abbott Laboratories is 5,051,334. As the President, Chief Executive Officer, and Director of Abbott Laboratories, the total compensation of Robert Ford at Abbott Laboratories is $11,897,900. , Stock quotes provided by InterActive Data. 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 . His latest promotion: Chief Executive Officer at Abbott, a global diversified healthcare company. Western countries are now scrambling for stable, renewable energy. What is Robert B. Ford's salary? 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. [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. Calamari World leaders must find new sources of minerals, such as copper, essential to their transition to energy independence. 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. 89. . As the Chairman and Pres & CEO of Abbott Laboratories, the total compensation of Mr Ford at Abbott Laboratories is $5,051,334. The shares were sold at an average price of $105.10, for a transaction totalling $10,764,867.50. The most-recent trade in Abbott Laboratories is the . Our 109,000 colleagues serve people in more than 160 countries. See Why Investors Are So Excited About This. 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. 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. 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