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. Robert B. Ford Net Worth Mr. Robert B. Ford biography. The Nutritional Products segment caters to the worldwide sales of adult and pediatric nutritional products. In 2021, Abbotts COVID-19 testing-related sales totaled about $7.7 billion, up from $3.9 billion in 2020. Insiders are limited to only officers and/or directors of the company. In addition, he makes $11,897,900 as President, Chief Executive Officer, and Director at Abbott Laboratories. Billions could be poured into exploration companies searching for new U.S. deposits. 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. Abbott Laboratories (ABT) You can help Wikipedia by expanding it. On average, Robert trades about 5,882 units every 58 days since 2014. There are 39 older and 4 younger executives at Abbott Laboratories. 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. Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. . There are no executives at Abbott Laboratories getting paid more. RANK89. The Diagnostic Products segment markets diagnostic systems and tests for blood banks, hospitals, commercial laboratories, and alternate-care testing sites. Putin's invasion of Ukraine has revealed the West's dependence on Russia for their energy needs. There are 40 older and 3 younger executives at Abbott Laboratories. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Missing Crain's in print? The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. [8], At the beginning of the COVID-19 pandemic, Ford led the company's COVID-19 testing development and distribution. Above is the net worth, insider trading, and ownership report for Robert B Ford. The company was founded by Wallace Calvin Abbott in 1900 and is headquartered in Abbott Park, IL. 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 . Abbott is a global healthcare leader that helps people live more fully at all stages of life. ABBOTT LABORATORIES annual reports of executive compensation and pay are most commonly found in the Def 14a documents. The most-recent trade in Abbott Laboratories is the Robert Ford Net Worth The estimated Net Worth of Robert B Ford is at least $41.4 Million dollars as of 25 August 2022. 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. On average, Robert trades about 5,882 units every 58 days since 2014. Information on this page was last updated on 2/22/2023. Abbott Laboratories can also be reached via phone at (224) 667-6100. SENIOR VICE PRESIDENT Christopher J. 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. Now, dozens of class-action lawsuits have been filed against Abbott by parents of babies who were made ill from the companys formulas. What is the salary of Mr Ford? Abbott named current COO Robert Ford its new CEO Wednesday, ushering in the first new chief executive in 21 years. 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. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. 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. Now, a little-known exploration company has defined America's largest high-quality graphite deposit near Nome, Alaska. What is the salary of Mr Ford? Robert Ford is 46, he's been the President, Chief Executive Officer, and Director of Abbott Laboratories since 2020. ( m. 1998) . The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. 130 E. Randolph St. Combined, the North Chicago-based company paid more than $40 million in 2021 for the services of Ford and White. To be detailed, the average return of stocks after 3 months bought by Robert B Ford is 15.4%. 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. Billions could be poured into exploration companies searching for new U.S. deposits. Markets; Tools Portfolios. Is Abbott a Fortune 500 company? . The most active insiders traders include Miles D White, Richard A Gonzalez, and Jeffrey M Leiden. CEO Miles White will retain his title as executive chairman of the board. The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. 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. Abbott is a global healthcare leader that helps people live more fully at all stages of life. Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. Previously, he served as President and Chief Operating Officer; and as Executive Vice President, Medical Devices, leading Abbotts Diabetes Care, Cardiovascular and Neuromodulation businesses. Move Over Lithium 220 Pounds of Graphite In Every EV Battery. , Mr. Ford owns 142,071 shares of Abbott Laboratories stock worth more than $14,272,453 as of February 25th. 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 As of 25 August 2022 he still owns at least 244,496 units of Abbott Laboratories stock. [2] Last updated: 22 February 2023 at 6:54pm EST. 102,425 shares on August 25, 2022, which Coronavirus Tips Working and Protection. 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). Robert B. Ford serves as President, Chief Executive Officer, Director of the Company. Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. 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. Abbott recalled some of its formulasnotably its Similac line. This article about a United States businessperson is a stub. The most active insiders traders include Miles D White, Richard A Gonzalez, and Jeffrey M Leiden. How much does Robert Ford of Abbott make? GuruFocus also compares Robert B Ford's trading performance to market benchmark return within the same time period. See who is leading new copper discoveries and how. Chicago, Illinois Robert Ford's listing in the Class of 2015 student directory identified him as vice president, Abbott Diabetes Care. 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 B. Ford serves as President, Chief Executive Officer, Director of the Company. ABBOTT LABORATORIES income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Robert B Ford is Abbott founded The Chicago Defender in 1905, which grew to have the highest circulation of any black-owned newspaper in the country. Abbott Laboratories engages in the discovery, development, manufacture, and sale of a broad and diversified line of health care products. Robert has made over 4 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. 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. Gurus may be added or dropped from the GuruFocus site at any time. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. They sold a total of 345,468 shares worth more than $36,920,834.37. This net worth estimate does not reflect any other investments that Mr. Ford may own. . Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. Text size. Senior Vice President Fernando Mateus On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. Other transactions such as conversion of derivative security or exercise of options are not included. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. As the CEO 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 . Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. As the Chairman of Abbott Laboratories, Mr. Ford earned a total compensation package of $24,914,886.00 in 2021. Details can be seen in Robert B Ford's Latest Holdings Summary section. 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. Learn More on Robert B. Ford's contact information. Enter your email address below to get our daily insider buying and selling report. Robert B. Ford Net Worth Mr. Robert B. Ford biography Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. Robert B. Ford Net Worth Mr. Robert B. Ford biography. Abbott is a global healthcare leader that helps people live more fully at all stages of life. Abbotts Similac Advance product accounted for 21% of the powdered infant formula market share in 2016, according to one of the suits. 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). 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. Truth is, switching from gas-powered isn't possible without massive amounts of graphite. Russia Ignites West's Battle for Energy Independence. Robert Nottingham. Staying current is easy with Crain's news delivered straight to your inbox, free of charge. , Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. 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 . . "Abbott Labs veteran CEO White to step down next March", "Longtime Abbott Labs CEO Miles White to Step Down in March", "Medtech Giant Elects New CEO As 21-Year Veteran Steps Down", "Abbott CEO Miles White to step down in March", "Robert Ford named president, COO of Abbott", "Abbott beats revenue projections as sales outperform previous year", "Abbott CEO Miles D White To Step Down In 2020, Robert B Ford To Take Over", "Incoming Abbott CEO says not looking to do any deals", "Abbott Profits Rise As Covid-19 Diagnostic Sales Eclipse 400 Million Tests", "Abbott Went All In on Covid Tests, And It's Just Getting Started", "CEO of the Week: Abbott Laboratories CEO Robert B. Ford", "Abbott's Miles White retires as executive chairperson", https://en.wikipedia.org/w/index.php?title=Robert_B._Ford&oldid=1136426046, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 30 January 2023, at 07:14. 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 . 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. Abbott did not respond to a request for comment. Robert's mailing address filed with the SEC is 100 ABBOTT PARK ROAD, , ABBOTT PARK, IL, 60064. Last updated: 22 February 2023 at 6:54pm EST. Chairman of the Board and Chief Executive Officer. The estimated Net Worth of Robert B Ford is at least $39.4 Milln dollars as of 25 August 2022. As Chairman of the Board and Chief Executive Officer at ABBOTT LABORATORIES, Robert B. Ford made $22,159,543 in total compensation. 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. 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 . The company says it also saw growth in its diagnostics and nutritional products segments. Source: Pinterest Age And Net Worth . Miles White, who was Abbotts CEO from 1999 until 2020, remained with the company as executive chairman until the end of 2021. Robert has made over 4 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. 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 . and He pulled Abbott's scientists and manufacturing teams off their projects to work on four teams, each focused on specific tests. 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