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Robert Ford, left, and Miles White. Learn More about insider trades at Abbott Laboratories. 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. Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. Chart Data in Insider Trading History Table. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. Previously, he served as President and Chief Operating Officer; and as Executive Vice President, Medical Devices, leading Abbotts Diabetes Care, Cardiovascular and Neuromodulation businesses. Enter your email address below to get our daily insider buying and selling report. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. The shares were sold at an average price of $105.10, for a transaction totalling $10,764,867.50. . SENIOR VICE PRESIDENT Christopher J. The companys total net sales increased nearly 25% from 2020 to 2021, reflecting volume growth across all of Abbotts segments, according to the companys annual SEC filing. 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. Thorough reviews have been conducted to assure this data accurately reflects disclosures. , Robert Nottingham. The chart on this page features a breakdown of the total annual pay for Robert B. Ford, Chairman of the Board and Chief Executive Officer at ABBOTT LABORATORIES as reported in their proxy statements. . Robert Sengstacke Abbott (December 24, 1870 - February 29, 1940) was an American lawyer, newspaper publisher and editor. The company introduced its first two tests in March 2020 and delivered more than 400 million in 2020. 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 Learn More about Robert B. Ford's net worth. Abbott Laboratories engages in the discovery, development, manufacture, and sale of a broad and diversified line of health care products. For its 2021 fiscal year, ABBOTT LABORATORIES, listed the following CEO pay ratio data on its annual proxy statement to the SEC. Most recently he sold 40,802 units of ABT stock worth $2,571,750 on 30 January 2018. . the total compensation of Mr Ford at Abbott Laboratories is $5,051,334. a net Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. The current estimated net worth of Abbott Laboratories's CHAIRMAN AND CEO, Robert B Ford, is estimated to be about $32.44M . 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. World leaders must find new sources of minerals, such as copper, essential to their transition to energy independence. On average, Robert trades about 5,882 units every 58 days since 2014. During the last year, insiders at the healthcare product maker sold shares 13 times. View saved articles. Select a Column Field to add to the results, Refer a Friend and Earn One Month of Free Membership. 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. Robert Ford made $20,450,586 in total compensation as Director, Chief Executive Officer and President at Abbott Laboratories in . An early adherent of the Bah Faith in the United States, Abbott founded the Bud Billiken Parade and Picnic in August 1929. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. [5], On March 31, 2020, Ford became the chief executive officer of Abbott Laboratories, elected unanimously by the company's board. There are 40 older and 3 younger executives at Abbott Laboratories. Above is the net worth, insider trading, and ownership report for Robert B Ford. The most active insiders traders include Miles D White, Richard A Gonzalez, and Jeffrey M Leiden. He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. Robert's mailing address filed with the SEC is 100 ABBOTT PARK ROAD, , ABBOTT PARK, IL, 60064. The estimated net worth of Robert B Ford is at least $35 Million dollars as of 2023-03-01. ( m. 1998) . Learn More on Abbott Laboratories' active insiders. Enter your email address below to get our daily insider buying and selling report. Chairman and Chief Executive Officer Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. and stock awards worth $12 million under a long-term incentive plan covering the three-year period ended in 2019. 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. He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. Robert B. Ford has not been actively trading shares of Abbott Laboratories within the last three months. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. Learn More on Robert B. Ford's contact information. Robert B. Ford serves as President, Chief Executive Officer, Director of the Company. White will step down as CEO March 31, 2020, after a tenure that saw the company's acquisitions . abbott net worth. 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. Learn More on Abbott Laboratories' active insiders. It operates through the following segments: Established Pharmaceutical Products, Nutritional Products, Diagnostic Products, and Medical Devices. Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. On average, Robert trades about 5,882 units every 58 days since 2014. The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. of 15,460 shares. Gurus may be added or dropped from the GuruFocus site at any time. They sold a total of 345,468 shares worth more than $36,920,834.37. His 2021 pay was down from $18.8 million in 2020 and $24.67 million in 2019. Chart Data in Insider Trading History Table. 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 . Is Abbott a Fortune 500 company? Text size. 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 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. Our 109,000 colleagues serve people in more than 160 countries. Within two months, he had erased the "vice" to become president of the division. Now, a little-known exploration company has defined America's largest high-quality graphite deposit near Nome, Alaska. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. Now, dozens of class-action lawsuits have been filed against Abbott by parents of babies who were made ill from the companys formulas. 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. He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. sale Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. Get the best business coverage in Chicago, from breaking news to razor-sharp analysis, in print and online. The most recent insider tranaction occured on February, 22nd when SVP Julie L Tyler sold 260 shares worth more than $26,842.40. Faith Alexis Ford is an American actress. sale Investors constantly hear that lithium is the key to powering our transition to electric vehicles and clean energy. He subsequently held various positions of increasing responsibility for Abbott's Diagnostics, Nutrition and Diabetes Care businesses. Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. 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. 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. This investment adviser does not provide advice to individual investors. 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. Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. [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. 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robert ford net worth abbott

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