[1] He received a bachelor's degree from Boston College and an MBA in business administration from at Berkeley 's Haas School of Business. 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. Get the best business coverage in Chicago, from breaking news to razor-sharp analysis, in print and online. On this Wikipedia the language links are at the top of the page across from the article title. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. . Robert B Ford around $11 Million. Chairman of the Board and Chief Executive Officer. His latest promotion: Chief Executive Officer at Abbott, a global diversified healthcare company. 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 about Robert B. Ford's net worth. 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. 102,425 shares on August 25, 2022, which Text size. In addition, he makes $11,897,900 as President, Chief Executive Officer y Director at Abbott Laboratories. There are 6 executives at Abbott Laboratories getting paid more, . The Nutritional Products segment caters to the worldwide sales of adult and pediatric nutritional products. 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. Abbott Laboratories engages in the discovery, development, manufacture, and sale of a broad and diversified line of health care products. of 15,460 shares. Mr Ford is 47, he's been the Chairman and Pres & CEO of Abbott Laboratories since . 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 Laboratories engages in the discovery, development, manufacture, and sale of a broad and diversified line of health care products. 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 . The Diagnostic Products segment markets diagnostic systems and tests for blood banks, hospitals, commercial laboratories, and alternate-care testing sites. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. 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. Fords base compensation was $1.48 million, up from $1.29 million in 2020. [3][4] He was named President and COO in October 2018. Learn More on Robert B. Ford's trading history. Learn More on Robert B. Ford's trading history. and The most recent insider tranaction occured on February, 22nd when SVP Julie L Tyler sold 260 shares worth more than $26,842.40. This information is according to proxy statements filed for the 2021 fiscal year. An early adherent of the Bah Faith in the United States, Abbott founded the Bud Billiken Parade and Picnic in August 1929. Our 109,000 colleagues serve people in more than 160 countries. 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. Get notified the next time Robert B. Ford buys or sells Abbott Laboratories stock. Abbott Laboratories leveled up on this year's Fortune 500 list, leaping from last year's rank of 104 to No. Robert B. Ford serves as President, Chief Executive Officer, Director of the Company. 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. [9][10] Ford said he considers Abbott's BinaxNOW test to be a model, setting a trend for rapid point-of-care testing after the coronavirus pandemic for ailments such as influenza, sexually transmitted diseases, and hepatitis. Enjoy a 7-Day Free Trial Thru Mar 08, 2023! 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 Our 109,000 colleagues serve people in more than 160 countries. This net worth estimate does not reflect any other investments that Mr. Ford may own. 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. of 118,550 shares made by Salvadori Daniel Gesua Sive During the last year, insiders at the healthcare product maker sold shares 13 times. Ford arrived with Abbott having gathered no less than five CES 2022 Innovation Awards and also in the wake of the company's heady 2021 year of achievement, which included FDA approvals for its innovations and, not . As the President, Chief Executive Officer, and Director of Abbott Laboratories, the total compensation of Robert Ford at Abbott Laboratories is $11,897,900. 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. Robert Nottingham. Robert has made over 4 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. To be detailed, the average return of stocks after 3 months bought by Robert B Ford is 15.4%. Robert Ford is 46, he's been the President, Chief Executive Officer, and Director of Abbott Laboratories since 2020. White will step down as CEO March 31, 2020, after a tenure that saw the company's acquisitions . The estimated Net Worth of Robert B Ford is at least $39.6 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. 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. Move Over Lithium 220 Pounds of Graphite In Every EV Battery. 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 The FDA says two deaths have so far been linked to contaminated Abbott formula. stock. Robert B Ford owns about 339,474 units of Abbott. This chart shows Mr. Robert B. Ford's buying and selling at Abbott Laboratories by year and by quarter. There are 39 older and 4 younger executives at Abbott Laboratories. The company was founded by Wallace Calvin Abbott in 1900 and is headquartered in Abbott Park, IL. 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. 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. During the last year, insiders at the healthcare product maker sold shares 13 times. Parents of Robert Ford Wilson. Abbott derives approximately 60% of sales outside the United States. Billions could be poured into exploration companies searching for new U.S. deposits. The most active insiders traders include Miles D White, Richard A Gonzalez, and Jeffrey M Leiden. 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. 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. [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. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. Russia Ignites West's Battle for Energy Independence. Robert Ford, left, and Miles White. The current estimated net worth of Abbott Laboratories's CHAIRMAN AND CEO, Robert B Ford, is estimated to be about $32.44M . 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. GuruFocus also compares Robert B Ford's trading performance to market benchmark return within the same time period. 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. World leaders must find new sources of minerals, such as copper, essential to their transition to energy independence. The company was founded by Wallace Calvin Abbott in 1900 and is headquartered in Abbott Park, IL. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. 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. Robert B Ford is Robert's mailing address filed with the SEC is 100 ABBOTT PARK ROAD, , ABBOTT PARK, IL, 60064. As Chairman of the Board and Chief Executive Officer at ABBOTT LABORATORIES, Robert B. Ford made $22,159,543 in total compensation. GuruFocus.com is not operated by a broker or a dealer. The most active insiders traders include Miles D White, Richard A Gonzalez y Jeffrey M Leiden. Learn More on Abbott Laboratories' active insiders. SENIOR VICE PRESIDENT Louis H. Morrone The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. [2] As the President, Chief Executive Officer y Director of Abbott Laboratories, the total compensation of Robert Ford at Abbott Laboratories is $11,897,900. Owen's Kids Are Not Allowed To Smoke. His 2021 pay was down from $18.8 million in 2020 and $24.67 million in 2019. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. . The most active insiders traders include Miles D White, Richard A Gonzalez, and Jeffrey M Leiden. Calamari The Most Powerful Women In Chicago Business. According to the SEC Form 4 filings, Robert B Ford has made a total of , Abbott did not respond to a request for comment. Faith Alexis Ford is an American actress. , He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. Truth is, switching from gas-powered isn't possible without massive amounts of graphite. The company introduced its first two tests in March 2020 and delivered more than 400 million in 2020. There are no executives at Abbott Laboratories getting paid more. 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. All proxy statements are public filings made available to the general public by the SEC. They sold a total of 345,468 shares worth more than $36,920,834.37. 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. Learn More on Abbott Laboratories' active insiders. The estimated Net Worth of Robert B Ford is at least $39.3 Million dollars as of 25 August 2022. Get notified the next time Robert B. Ford buys or sells Abbott Laboratories stock. He will become the 13th CEO in the company's 131-year history. Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. Other recent insider transactions involving Abbott Laboratories (ABT) include Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. Based on ownership reports from SEC filings, as the reporting owner, Robert B Ford owns 1 companies in total, including GuruFocus tracks the stock performance after each of Robert B Ford's buying transactions within different timeframes. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Investors constantly hear that lithium is the key to powering our transition to electric vehicles and clean energy. He joined Abbott's Diagnostics division in 1996 as a Business Unit Manager in Diabetes Care. 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. Abbott Laboratories can also be reached via phone at (224) 667-6100. 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. 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. Robert B. Ford Net Worth Mr. Robert B. Ford biography Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. . It's unclear exactly how much the situation could affect Abbotts bottom line. Last updated: 1 February 2023 at 11:00am EST. 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 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. Mr. Ford owns over 102,425 units of Abbott Laboratories stock worth over $24,857,908 and over the last 9 years he sold ABT stock worth over $2,638,762. Last updated: 22 February 2023 at 6:54pm EST. 1 transactions in Abbott Laboratories (ABT) over the past 5 years, including 0 buys and 1 sells. Robert Sengstacke Abbott (December 24, 1870 - February 29, 1940) was an American lawyer, newspaper publisher and editor. The estimated net worth of Robert B Ford is at least $35 Million dollars as of 2023-03-01. Abbott founded The Chicago Defender in 1905, which grew to have the highest circulation of any black-owned newspaper in the country. As the Chairman and Pres & CEO of Abbott Laboratories, the total compensation of Mr Ford at Abbott Laboratories is $5,051,334. 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. Billions could be poured into exploration companies searching for new U.S. deposits. Learn More on Robert B. Ford's contact information. Transaction Summary of Robert B Ford Last updated: 22 February 2023 at 6:54pm EST. of 64,956 shares made by Andrea F Wainer Putin's invasion of Ukraine has revealed the West's dependence on Russia for their energy needs. Owen is the father of three children two sons and a daughter. Mr. Ford owns 142,071 shares of Abbott Laboratories stock worth more than $14,272,453 as of February 25th. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. . There are 40 older and 3 younger executives at Abbott Laboratories. ABBOTT LABORATORIES income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. The estimated net worth of Robert B. Ford is at least $14.27 million as of August 25th, 2022. Click here to get the full experience on your screen. 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. a net 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 . He joined Abbott's Diagnostics division in 1996 as a Business Unit Manager in Diabetes Care. The Established Pharmaceutical Products segment refers to the international sales of a line of branded generic pharmaceutical products. Click below to see everything we have to offer. Sponsored Content: Global Tax Rules Take Shape Whats Next for Multinational Companies? 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. , Track performance, allocation, dividends, and risks . [8], At the beginning of the COVID-19 pandemic, Ford led the company's COVID-19 testing development and distribution. Thorough reviews have been conducted to assure this data accurately reflects disclosures. But America hasn't produced any graphite since the 1950s. . 89. . Abbott manufactures and markets medical devices, adult and pediatric nutritional products, diagnostic equipment and testing kits, and branded generic drugs. You can see the complete history of Mr. Ford stock trades at the bottom of the page. Western countries are now scrambling for stable, renewable energy. In addition, he makes $11,897,900 as President, Chief Executive Officer, and Director at Abbott Laboratories. The estimated Net Worth of Robert B Ford is at least $39.4 Milln dollars as of 25 August 2022. On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. But the bigger risk would have been not having these tests to fight the pandemic. Learn More on Robert B. Ford's trading history. Learn More about insider trades at Abbott Laboratories. [1] He received a bachelor's degree from Boston College and an MBA in business administration from at Berkeley's Haas School of Business. Source: Pinterest Age And Net Worth . 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 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. . 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. Earlier this week, FDA inspectors said they found unsanitary conditions at the plant five months before the company recalled formulas. sale Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. 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 serves as President, Chief Executive Officer, Director of the Company. 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 Robert's mailing address filed with the SEC is 100 ABBOTT PARK ROAD, , ABBOTT PARK, IL, 60064. Robert B. Ford Net Worth Mr. Robert B. Ford biography. Is Abbott a Fortune 500 company? 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 . Every EV Battery to see everything we have to offer base pay and bonus are yearly. Ford biography he 's been the President, Chief Executive Officer Julie L Tyler sold shares. Available to the international sales of a line of health Care products website are not affiliated with gurufocus.com,.! Laboratories can also be reached via phone at ( 224 ) 667-6100 or sells Abbott Laboratories engages the. 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