You might contact Robert B Ford via mailing address: 100 Abbott Park Road, Ap6a-2, D-032l, Abbott Park Il 60064-6092. Our 109,000 colleagues serve people in more than 160 countries. Information on this page was last updated on 2/22/2023. During the last year, insiders at the healthcare product maker sold shares 13 times. Most recently he sold 40,802 units of ABT stock worth $2,571,750 on 30 January 2018. . Calamari Robert's mailing address filed with the SEC is 100 ABBOTT PARK ROAD, , ABBOTT PARK, IL, 60064. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. E-mail oureditor The estimated net worth of Robert B. Ford is at least $14.45 million as of August 25th, 2022. 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. [3][4] He was named President and COO in October 2018. You can help Wikipedia by expanding it. SENIOR VICE PRESIDENT Christopher J. Source: Pinterest Age And Net Worth . [11] In April 2020, Chief Executive recognized Ford for Abbott's response to accessibility for testing. brought Abbott Laboratories can also be reached via phone at (224) 667-6100. On this Wikipedia the language links are at the top of the page across from the article title. 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. 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. This net worth estimate does not reflect any other investments that Mr. Ford may own. 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 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. His 2021 pay was down from $18.8 million in 2020 and $24.67 million in 2019. 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. Last updated: 22 February 2023 at 6:54pm EST. Truth is, switching from gas-powered isn't possible without massive amounts of graphite. Learn More about Robert B. Ford's net worth. Learn More on Robert B. Ford's contact information. The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. Parents of Robert Ford Wilson. The Nutritional Products segment caters to the worldwide sales of adult and pediatric nutritional products. Abbott is a global healthcare leader that helps people live more fully at all stages of life. Abbott named current COO Robert Ford its new CEO Wednesday, ushering in the first new chief executive in 21 years. 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. But the bigger risk would have been not having these tests to fight the pandemic. . 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. Robert B. Ford has not been actively trading shares of Abbott Laboratories within the last three months. . Mr Ford is 47, he's been the Chairman and Pres & CEO of Abbott Laboratories since . What is the salary of Mr Ford? 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. Abbott is a global healthcare leader that helps people live more fully at all stages of life. of 64,956 shares made by Andrea F Wainer Click here to see the complete history of Robert B Fords form 4 insider trades. 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. 1 transactions in Abbott Laboratories (ABT) over the past 5 years, including 0 buys and 1 sells. On average, Robert trades about 5,882 units every 58 days since 2014. As Chairman of the Board and Chief Executive Officer at ABBOTT LABORATORIES, Robert B. Ford made $22,159,543 in total compensation. [2] Robert Ford, left, and Miles White. The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. 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 . 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. 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. Learn More on Robert B. Ford's trading history. This chart shows Mr. Robert B. Ford's buying and selling at Abbott Laboratories by year and by quarter. sale Senior Vice President Fernando Mateus The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. As a result, the site may contain information on pharmaceuticals, medical devices and other products or uses of those products that are not approved in other countries or regions. Robert's mailing address filed with the SEC is 100 ABBOTT PARK ROAD, , ABBOTT PARK, IL, 60064. 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. #HealthyReturns" Most recently he sold 40,802 units of ABT stock worth $2,571,750 on 30 January 2018. . 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. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. But America hasn't produced any graphite since the 1950s. Abbott Laboratories leveled up on this year's Fortune 500 list, leaping from last year's rank of 104 to No. The Diagnostic Products segment markets diagnostic systems and tests for blood banks, hospitals, commercial laboratories, and alternate-care testing sites. Learn More on Robert B. Ford's contact information. Billions could be poured into exploration companies searching for new U.S. deposits. Robert B. Ford serves as President, Chief Executive Officer, Director of the Company. sale Previously, he served as President and Chief Operating Officer; and as Executive Vice President, Medical Devices, leading Abbotts Diabetes Care, Cardiovascular and Neuromodulation businesses. But he collected the same $1.9 million . For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. Oct 05, 2021, 11:00 ET. , Within two months, he had erased the "vice" to become president of the division. 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. The company was founded by Wallace Calvin Abbott in 1900 and is headquartered in Abbott Park, IL. Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. Faith Alexis Ford is an American actress. "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. He pulled Abbott's scientists and manufacturing teams off their projects to work on four teams, each focused on specific tests. 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. The most-recent trade in Abbott Laboratories is the Learn More on Robert B. Ford's salary. Missing Crain's in print? It operates through the following segments: Established Pharmaceutical Products, Nutritional Products, Diagnostic Products, and Medical Devices. and stock awards worth $12 million under a long-term incentive plan covering the three-year period ended in 2019. Only the transactions in Open Market or Private Sale at the market prices are included. Learn More about insider trades at Abbott Laboratories. Learn More on Abbott Laboratories' active insiders. 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. On average, Robert trades about 5,882 units every 58 days since 2014. Billions could be poured into exploration companies searching for new U.S. deposits. 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. RANK89. Robert B. Ford Net Worth Mr. Robert B. Ford biography. Information on this page was last updated on 2/22/2023. Campion Murphy. 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. How much does Robert Ford of Abbott make? It's unclear exactly how much the situation could affect Abbotts bottom line. 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. 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. 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 B. Ford serves as President, Chief Executive Officer, Director of the Company. 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. 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. ( m. 1998) . "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. 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 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. [1] He received a bachelor's degree from Boston College and an MBA in business administration from at Berkeley 's Haas School of Business. He joined Abbott's Diagnostics division in 1996 as a Business Unit Manager in Diabetes Care. He subsequently held various positions of increasing responsibility for Abbott's Diagnostics, Nutrition and Diabetes Care businesses. Here's who topped Crain's latest lists of highest-paid execs, Motorola Solutions' Greg Brown is cashing in some of his chips, Target and Solo Cup are opening huge warehouses in the southwest suburbs, Widow of Richard Duchossois selling Inverness home, Four ways to get Michael Jordan's mansion sold at last, State Farm posts record $6.7 billion loss as inflation takes a toll, Walgreens Boots Alliance plans partial HQ sale. Chairman of the Board and Chief Executive Officer. [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. He is very close to his sons Finn and Robert Ford. The most active insiders traders include Miles D White, Richard A Gonzalez, and Jeffrey M Leiden. During the last year, insiders at the healthcare product maker sold shares 13 times. of 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. ARLINGTON, Va., Oct. 5, 2021 /PRNewswire/ -- The Consumer Technology Association (CTA) today announced that Abbott President and CEO Robert B. Ford will deliver a . 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. Insiders at Abbott Laboratories own 0.5% of the company. . The estimated Net Worth of Robert B Ford is at least $39.6 Million dollars as of 25 August 2022. proposed oklahoma turnpike map, Ford for Abbott 's scientists and manufacturing teams off their projects to work on four teams, each focused specific! 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