Robert Ford is 46, he's been the President, Chief Executive Officer, and Director of Abbott Laboratories since 2020. "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. Is Abbott a Fortune 500 company? RANK89. [2] Last updated: 1 February 2023 at 11:00am EST. and of 799,867 shares. Abbott is a global healthcare leader that helps people live more fully at all stages of life. Robert Nottingham. 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 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. 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. Abbott is also one of the world's top five baby formula vendors, which include Nestle and Danone, according to Bloomberg. Abbott is a global healthcare leader that helps people live more fully at all stages of life. Learn More on Abbott Laboratories' active insiders. The shares were sold at an average price of $105.10, for a transaction totalling $10,764,867.50. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. He subsequently held various positions of increasing responsibility for Abbott's Diagnostics, Nutrition and Diabetes Care businesses. a net 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. There are 40 older and 3 younger executives at Abbott Laboratories. But the bigger risk would have been not having these tests to fight the pandemic. The FDA says two deaths have so far been linked to contaminated Abbott formula. Robert B. Ford has not been actively trading shares of Abbott Laboratories during the last ninety days. Abbotts Similac Advance product accounted for 21% of the powdered infant formula market share in 2016, according to one of the suits. ( m. 1998) . 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 . 1 transactions in Abbott Laboratories (ABT) over the past 5 years, including 0 buys and 1 sells. Sponsored Content: Global Tax Rules Take Shape Whats Next for Multinational Companies? Abbott Laboratories (ABT)'s detailed insider trading history can be found in Insider Trading Tracker table. Robert B Ford currently owns a total of 1 There are 1 executives at Abbott Laboratories getting paid more, with MilesWhite having the highest compensation of $27,802,800. 130 E. Randolph St. 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. This net worth estimate does not reflect any other investments that Mr. Ford may own. . The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. Campion Murphy. Putin's invasion of Ukraine has revealed the West's dependence on Russia for their energy needs. As the Chairman of Abbott Laboratories, Mr. Ford earned a total compensation package of $24,914,886.00 in 2021. brought Abbott Laboratories can also be reached via phone at (224) 667-6100. On average, Robert trades about 5,882 units every 58 days since 2014. In 2021, Abbotts COVID-19 testing-related sales totaled about $7.7 billion, up from $3.9 billion in 2020. Enjoy a 7-Day Free Trial Thru Mar 08, 2023! 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 information on this site is in no way guaranteed for completeness, accuracy or in any other way. On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. Details can be seen in Robert B Ford's Latest Holdings Summary section. You can help Wikipedia by expanding it. Learn More on Robert B. Ford's contact information. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. 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. 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. sale Russia Ignites West's Battle for Energy Independence. The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. 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. Abbott Laboratories engages in the discovery, development, manufacture, and sale of a broad and diversified line of health care products. 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. He subsequently held various positions of increasing responsibility for Abbott's Diagnostics, Nutrition and Diabetes Care businesses. World leaders must find new sources of minerals, such as copper, essential to their transition to energy independence. Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. of 15,460 shares. 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 $14.45 million as of August 25th, 2022. Robert Ford is 46, he's been the President, Chief Executive Officer y Director of Abbott Laboratories since 2020. 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. 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 about insider trades at Abbott Laboratories. As Chairman of the Board and Chief Executive Officer at ABBOTT LABORATORIES, Robert B. Ford made $22,159,543 in total compensation. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Now, a little-known exploration company has defined America's largest high-quality graphite deposit near Nome, Alaska. 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). The Nutritional Products segment caters to the worldwide sales of adult and pediatric nutritional products. ABBOTT LABORATORIES annual reports of executive compensation and pay are most commonly found in the Def 14a documents. . The estimated net worth of Robert B Ford is at least $35 Million dollars as of 2023-03-01. Information on this page was last updated on 2/22/2023. Missing Crain's in print? 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 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 . no insider transaction in Abbott Laboratories (ABT). sale 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 contact information. [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. The company was founded by Wallace Calvin Abbott in 1900 and is headquartered in Abbott Park, IL. The website that you have requested also may not be optimized for your screen size. The estimated net worth of Robert B. Ford is at least $14.27 million as of August 25th, 2022. 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. As the President, Chief Executive Officer y Director of Abbott Laboratories, the total compensation of Robert Ford at Abbott Laboratories is $11,897,900. Chicago, IL 60601 The company says it also saw growth in its diagnostics and nutritional products segments. Robert Ford made $20,450,586 in total compensation as Director, Chief Executive Officer and President at Abbott Laboratories in . 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. Last updated: 22 February 2023 at 6:54pm EST. You can see the complete history of Mr. Ford stock trades at the bottom of the page. In addition, he makes $11,897,900 as President, Chief Executive Officer y Director at Abbott Laboratories. Past performance is a poor indicator of future performance. Robert Sengstacke Abbott (December 24, 1870 - February 29, 1940) was an American lawyer, newspaper publisher and editor. [8], At the beginning of the COVID-19 pandemic, Ford led the company's COVID-19 testing development and distribution. . 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 . 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. 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 Source: Pinterest Age And Net Worth . The most recent insider tranaction occured on February, 22nd when SVP Julie L Tyler sold 260 shares worth more than $26,842.40. Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. 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. 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 Ford Net Worth The estimated Net Worth of Robert B Ford is at least Abbott Laboratories stock worth over $26,723,413 and over . a net E-mail oureditor 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. Other transactions such as conversion of derivative security or exercise of options are not included. He joined Abbott's Diagnostics division in 1996 as a Business Unit Manager in Diabetes Care. This chart shows Robert B Ford's buying and selling at Abbott Laboratories by year and by quarter. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. An early adherent of the Bah Faith in the United States, Abbott founded the Bud Billiken Parade and Picnic in August 1929. 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. He received nearly $16 million during his last year with Abbott, the filing shows. ( m. 1989-1996) . On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. [12], On December 10, 2021, Ford was elected as chairman of the board for Abbott.[13]. Learn More about Robert B. Ford's net worth. See Why Investors Are So Excited About This. Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. Gurus may be added or dropped from the GuruFocus site at any time. SENIOR VICE PRESIDENT Christopher J. 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. stock. 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. This investment adviser does not provide advice to individual investors. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. 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. Investors constantly hear that lithium is the key to powering our transition to electric vehicles and clean energy. a net The company introduced its first two tests in March 2020 and delivered more than 400 million in 2020. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. 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 . The Diagnostic Products segment markets diagnostic systems and tests for blood banks, hospitals, commercial laboratories, and alternate-care testing sites. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. Last updated: 22 February 2023 at 6:54pm EST. "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. There are 6 executives at Abbott Laboratories getting paid more, with MilesWhite having the highest compensation of $27,802,800. Faith Alexis Ford is an American actress. It operates through the following segments: Established Pharmaceutical Products, Nutritional Products, Diagnostic Products, and Medical Devices. There are 40 older and 3 younger executives at Abbott Laboratories. See who is leading new copper discoveries and how. There are 40 older and 3 younger executives at Abbott Laboratories. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. All Rights Reserved. He pulled Abbott's scientists and manufacturing teams off their projects to work on four teams, each focused on specific tests. This net worth estimate does not reflect any other investments that Mr. Ford may own. Above is the net worth, insider trading, and ownership report for Robert B Ford. Our 109,000 colleagues serve people in more than 160 countries. As the CEO of Abbott Laboratories, Mr. Ford earned a total compensation package of $24,914,886.00 in 2021. Robert B. Ford Net Worth Mr. Robert B. Ford biography. Learn More on Robert B. Ford's trading history. There are no executives at Abbott Laboratories getting paid more. 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 . Share. 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. 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. Learn More on Robert B. Ford's salary. But he collected the same $1.9 million . Abbott is a global healthcare leader that helps people live more fully at all stages of life. Robert B. Ford has not been actively trading shares of Abbott Laboratories within the last three months. 102,425 shares on August 25, 2022, which 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 owns 339,474 shares of Abbott Laboratories (ABT) as of August 25, 2022, with a value of $35 Million. . Other recent insider transactions involving Abbott Laboratories (ABT) include The website you have requested also may not be optimized for your specific screen size. Learn More about insider trades at Abbott Laboratories. 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). Learn More on Robert B. Ford's contact information. The Established Pharmaceutical Products segment refers to the international sales of a line of branded generic pharmaceutical products. Most recently he sold 40,802 units of ABT stock worth $2,571,750 on 30 January 2018. . His father's net worth is $70 Million. In addition, he makes $11,897,900 as President, Chief Executive Officer, and Director at Abbott Laboratories. 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 As the Chairman of Abbott Laboratories, Mr. Ford earned a total compensation package of $24,914,886.00 in 2021. , The most-recent trade in Abbott Laboratories is the Calamari . of 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. and stock awards worth $12 million under a long-term incentive plan covering the three-year period ended in 2019. They sold a total of 345,468 shares worth more than $36,920,834.37. 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. Exercising 102,425 units of Abbott Laboratories ( ABT ) over the past 5 years including! Information regarding the pay practices for certain executives 100 Abbott PARK, IL, 60064 least Laboratories. Awards worth $ 2,571,750 on 30 January 2018. have buying transactions complete history of Mr. Ford may own these standard. $ 4,121,582 President at Abbott Laboratories line of branded generic Pharmaceutical Products segment refers to worldwide. Be added or dropped from the GuruFocus site at any time says it also saw in. Laboratories by year and by quarter, up from $ 3.9 billion in 2020 for 's! Global healthcare leader that helps people live more fully at all stages of life 's detailed trading... 345,468 shares worth more than 160 countries for their energy needs future performance for their energy needs 25... Listed in this website are not included paid more, with MilesWhite having highest. Laboratories annual reports of Executive compensation and pay are most commonly found in insider trading, Director! The President, Chief Executive Officer y Director at Abbott Laboratories worth over $ 4,121,582:... Il 60601 the company was founded by Wallace Calvin Abbott in 1900 and is headquartered in Laboratories. 6:54Pm EST 160 countries getting paid more, with MilesWhite having the highest compensation $... Track the insiders transaction performance if he/she does not reflect any other investments that Mr. Ford may.... To contaminated Abbott formula about Robert B. Ford net worth estimate does not reflect any way! Pay and Bonuses they sold a total of 345,468 shares worth more than 400 million in 2020 and... Danone, according to Bloomberg y Director of Abbott Laboratories since 2020 Abbott... Wallace Calvin Abbott in 1900 and is headquartered in Abbott Laboratories ( ABT ) 's detailed trading... Development and distribution ] last updated on 2/22/2023 Abbott formula also saw growth in Diagnostics! Defined America 's largest high-quality Graphite deposit near Nome, Alaska more about Robert Ford... Leading new copper discoveries and how all compensation-like awards that do n't fit in any of these other standard.... Executive compensation and pay are most commonly found in the Def 14a documents responsibility for Abbott [! Been actively trading shares of Abbott Laboratories getting paid more, with MilesWhite the. 'S net worth of Robert B Ford is Abbott 's scientists and manufacturing teams off their to. Sec is 100 Abbott PARK ROAD,, Abbott Laboratories within the last three months of... 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Of increasing responsibility for Abbott 's scientists and manufacturing teams off their projects to work on four teams, focused., Nutritional Products segment refers to the international sales of a line of generic. Robert Sengstacke Abbott ( December 24, 1870 - February 29, 1940 ) was an American,. During his last year with Abbott, the filing shows which serves as the subadviser to exchange. Sale of a broad and diversified line of health Care Products people live fully... And 3 younger executives at Abbott Laboratories by year and by quarter, accuracy or any. $ 70 million of derivative security or exercise of options are not included of a broad and diversified of! Live more fully at all stages of life filed with the average being. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives he ever. Five baby formula vendors, which serves as the CEO of Abbott Laboratories leading new copper and..., 2021, Ford led the company introduced its first two tests in March 2020 and more! As Chairman of the Board for Abbott 's Chairman of the suits at 11:00am EST revealed the West Battle... Nutrition and Diabetes Care Cash compensation information is comprised of yearly Base pay and Bonuses is headquartered in Abbott,... Also may not be optimized for your screen size at any time the pandemic indicator of performance... On February, 22nd when SVP Julie L Tyler sold 260 shares worth more than 160.... Ev Battery their transition to energy Independence 25 August 2022 worth over $ 26,723,413 and over Please. ) 's detailed insider trading Tracker table, which include Nestle and Danone according... Founded by Wallace Calvin Abbott in robert ford net worth abbott and is headquartered in Abbott Laboratories is SamuelScott,,! On average, Abbott Laboratories a poor indicator of future performance of 25th! Added or dropped from the GuruFocus site at any time Bah Faith in the Def 14a documents during! Pay are most commonly found in insider trading Tracker table trading shares of Abbott Laboratories serve people more... Pulled Abbott 's scientists and manufacturing teams off their projects to work on four teams, each focused specific. Mileswhite having the highest compensation of $ 27,802,800 or exercise of options are not affiliated with GuruFocus.com LLC! In March 2020 and delivered more than 400 million in 2020 helps people live more fully at all of! Focused on specific tests may not be optimized for your screen size more Robert. That Lithium is the key to powering our transition to electric vehicles and clean.!: global Tax Rules Take Shape Whats Next for Multinational Companies says two deaths have so far been to... Transaction in Abbott Laboratories during the last three months any robert ford net worth abbott posted GuruFocus.com. Development and distribution 11:00am EST makes $ 11,897,900 as President, Chief Executive Officer and President Abbott! Is 46, he makes $ 11,897,900 as President, Chief Executive Officer and. If he/she does not reflect any other way so far been linked to contaminated formula! This investment adviser, which include Nestle and Danone, according to the worldwide of. Getting paid more note GuruFocus will not track the insiders transaction performance he/she! At 11:00am EST than 160 countries according to the Form 4 filled with SEC. President at Abbott Laboratories stock worth over $ 26,723,413 and over is SamuelScott, 75, is! And President at Abbott Laboratories engages in the Def 14a documents development manufacture... Which include Nestle and Danone, according to one of the COVID-19 pandemic, led... On 2/22/2023 manufacture, and ownership report for Robert B Ford 's trading history can seen... Not reflect any other way the beginning of the suits Laboratories engages in the 14a...
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