ford executives salaries

Big stock awards and performance gave Ford CEO Jim Farley a major boost in his 2021 payout. message, contactez-nous l'adresse Alexandra Ford English, the great-great-granddaughter of founder Henry Ford, was paid $571,701. Hau Thai-Tang, who was promoted from chief product development and purchasing officer tochief product platformand operations officer, at$11,780,405. His $16.7 million in total compensation broke down as $1.8 million in salary, $7.9. The Detroit News. Solera | DealerSocket: Four real-time integrations that can save your dealership time, Solera | DealerSocket: Time for a new pre-owned pricing tactic, Kerrigan Advisors: Blue Sky Update Q4 2021, Qualcomm: Trading multi-year design cycles for on-demand features and experiences, Twitter: EV adoption is happeningin an unexpected place. FORD MOTOR CO income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Please indicate whether you are a shareholder, customer, supplier or other interested party. FORD MOTOR CO income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. The Times-Union compiled a list of the. GMs Mary Barra earned $21.87 million in 2018. Lisa Drake. Ford Motor may also be known as or be related to Ford Motor, FORD MOTOR CO, Ford Credit and Ford Motor Company. . Allstate: Compliance standards are changing. His base salary of $1.7 million was unchanged, but his stock awards more than doubled to $13.8 million. Here are further demographic highlights of the leadership team: The Henry Ford Health System executive team is 44% female and 56% male. Please select at least one newsletter to subscribe. Heres the next step in their evolution. excuses voor het ongemak. GM CEO Mary Barra received a $23.6 million package in 2020. ISSN 2576-1064 (print) John Lawler, who succeeded Tim Stone as CFO in October, made nearly $6 million. During the two-week festival, the employee resource group shared a cooking demonstration, a virtual celebration, and a Chinese language and culture course with their fellow employees. Heres how they performed in the first three months of this year: Zach is the managing editor for TFLcar. The estimated base pay is $196,580 per year. Wir entschuldigen uns fr die Umstnde. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. Si continas viendo este mensaje, Haig Partners: How are dealerships being valued today? Coronavirus Tips Working and Protection, For its 2010 fiscal year, FORD MOTOR CO, listed the following executives on its annual proxy statement to the SEC. Average salary for Ford Motor Company Executive Director in Freeport, MI: [salary]. "He did an exceptional job in his role as chief financial officer in 2021 despite very significant financial headwinds caused by the continuing effects of the COVID-19 pandemic and global supply chain issues, which significantly impacted our vehicle volume production," the board committee wrote. For its 2021 fiscal year, FORD MOTOR CO, listed the following board members on its annual proxy statement to the SEC. Get started with your Free Employer Profile, average salary for an Executive Director is $129,383 per year in United States, The Ultimate Job Interview Preparation Guide. Would you like to work at a company with active employee resource groups and opportunities to learn about and enjoy a variety of cultures? President, Lincoln. 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Vice President, EV Industrialization, Ford Model e. James D. Farley, Jr. President and Chief Executive Officer. Lawler's compensation included a $715,000 salary and $27,313 for evaluation vehicles. Concentrix: How can customer data drive a better automotive CX? In this week's "Ask Nathan," Modular EV Truck, Using Tires for Disaster Recovery, and Wrenching on Our Own Cars? 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Like generations of leaders before them, they understand that by helping to create a world with fewer obstacles and limits, we help people to move forward and upward. Haig Partners: Dealership consolidation trends, Haig Partners: Dealership valuation trends, Haig Partners: Dealership succession planning, Ally: Navigating the future of automotive retailing, Google: How a century-old brand is transforming the auto industry. Steven Croley. The information shown here is a reporting of information included in the company's proxy statement. Salary Details for an Executive at Ford Motor Company Updated Jan 12, 2022 United States United States Any Experience Any Experience 0-1 Years 1-3 Years 4-6 Years 7-9 Years 10-14 Years 15+ Years Search Total Pay Estimate & Range Confident Total Pay $264,216 / yr Base Pay $137,518 / yr All Additional Pay $126,698 / yr $264,216 / yr Total Pay $200K Car Wars: Is a Rise in Service Leading to Poor Customer Satisfaction? Neither General Motors nor Stellantis have released their executive compensation packages for 2020. In 2021, Ford compensated its 15-member board of directorsin cash, stock and other benefits for a total value of $9,147,002. In this role, he is globally responsible for overseeing all aspects of the companys design, engineering, research and product development, as well as purchasing operations.He most recently has served as group vice president, Global Purchasing, a position Thai-Tang has held since August 1, 2013. per informarci del problema. Nous sommes dsols pour la gne occasionne. FORD MOTOR CO annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Salaries at Ford Motor Company range from an average of $68,185 to $132,153 a year. Tons of great salary information on Indeed.com This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. om ons te informeren over dit probleem. Among Southeastern Michigan foundations, topping the salary list is Rip Rapson of the Kresge Foundation at $695,468. verdade. While all Big Three automakers suffered on the sales front through March 2020, one strong area was in trucks. enviando un correo electrnico a The annual virtual shareholders meeting is scheduled for May 12. 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Farley Jr. (born June 10, 1962) is an American automotive executive who currently serves as Ford Motor Company's chief executive officer since October 1, 2020. Thai-Tang and Kumar Galhotra, Ford's president of the Americas and International Markets Group, received incremental bonuses for their roles last year. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. In these roles, he led the delivery of Fords mainstream and high performance products from conception to launch across all regions.Thai-Tangs international experience includes assignments in Cologne, Germany and four years serving as director of Product Development for Ford South America. Ford said executives exceeded cash flow, pretax earnings and quality targets, although they achieved none of their revenue goals. Salary ranges represent what Ford pays for a job within a salary grade or leadership level based CEO Jim Hackett was Ford's top earner, taking home $17.4 million in 2019, according to recent SEC disclosures. Ford reported Farley's CEOpay as$12,491,540 when annualized, or202 times more than the median compensation for all its employees, excluding the CEO. Galhotra made $8.5 million in 2020, including an $865,000 salary. Stellantis CEO Carlos Tavares made $21M in 2021. Ford Motor is 34% female and 66% male company-wide. Tons of great salary information on Indeed.com "We regularly meet with investors to discuss and receive feedback on various topics, including long-term strategy; financial and operating performance; risk management; environmental, social, and governance practices, and executive compensation practices," the Ford filing said. April 27, 2020 / 10:59 PM CEO, Ford Pro. Fordincluded salary and pay ratiodatafor its full workforce in its annual executive compensation reportto the U.S. Securities and Exchange Commission, a disclosurenow required of companies by the 2010 Dodd-Frank Act. Chief Advanced Product Development and Technology Officer. Managing Director, Product Development, Ford-Werke GmbH, and Executive Director, Engineering, Ford of Europe Dave Bozeman Vice President, Ford Customer Service Division, Enthusiast Vehicles, Ford Blue What do you think? West Senior Sales Executive in California makes about $66,604 per year. Fiat Chrysler Automobiles CEO Mike Manley received $14.4 million in 2019, including a $1.3 million bonus and a long-term incentive totaling $9.6 million. Global Modern Slavery Statement (view PDF). While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. The dramatic difference in 2019, Ford said, related to pension values and how the data is calculated. Get 24/7 access to in-depth, authoritative coverage of the auto industry from a global team of reporters and editors covering the news thats vital to your business. JM&A Group, Easycare, Assurant: Unlocking new opportunities in F&I with digital retailing, Kerrigan Advisors: Interview with Baxter Auto Group, Kerrigan Advisors: Interview with Hitchcock Automotive, OEC: How to understand what customers are saying when theyre not saying it, PACE: Electrification Technology: Once the supply chain gets over the shock, EVs offer opportunities, Pace Program Navigating advanced driver-assistance systems, Phone Ninjas: 5 Reasons you need to use phone scripts for your dealership, REYNOLDS & REYNOLDS: Creating great retail customer experiences, REYNOLDS AND REYNOLDS: Are you ready for the FTC Safeguard Rule changes? Content in this story was edited after publishing. Based on our data team's research, James D. Farley Jr is the Ford Motor's CEO. 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. Ford's biggest individual earner last year was Hackett, who served as CEO from May 2017 to last October. Thelower amountin this years filingreflects whatLawler actually received. Snow Review & AWD Slip Test: Is the 2023 Lexus NX Fords Bronco Secret Almost Nobody Knows About: This Is the BEST $30K Shootout: Which Affordable New EV Is Best? Based in Brazil, he oversaw the development of new products for value markets and led the emergence of FSAO as a global product development center. ISSN 2576-1072 (online), Stellantis CEO Tavares' 2022 pay fell 14%, Sponsored Content: Drive higher results for your marketing campaigns, Sponsored Content: Upgrade Your Dealership Sales Process to Win Todays Buyers. Allstate: Compliance standards are changing. After growing up surrounded by Mustangs, it seemed inevitable that Chris Walter would end up working on them. "Mr. Thai-Tang sets a high standard of leadership behavior and was invaluable in supporting the CEO transition and internal reorganizations under his team," the company said. View Comments. Si continas recibiendo este mensaje, infrmanos del problema #WeAreFord The automaker is also trying to. 2020 CBS Broadcasting Inc. All Rights Reserved. "Specifically, the financial performance of the company was above plan despite production losses due to the semiconductor supply shortage, the dividend was reinstated in the fourth quarter of 2021, and significant efforts were made to strengthen the balance sheet by repurchasing and redeeming $7.6 billion of high-cost debt, deleveraging the balance sheet and significantly reducing our ongoing interest expense.". 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. Former Ford CEO Jim Hackettreceived total compensation of $16.7 million in 2020 for running the company for nine months, according to documents the Dearborn automakerreleased Thursday. Sign up and get the best of Automotive News delivered straight to your email inbox, free of charge. It was a year in which Ford's top executives hit just 23 percent of their business performance targets, down from 54 percent in 2019. How accurate is this most likely Total Pay range (base + additional) of $330K-$605K/yr? First published on April 27, 2020 / 10:59 PM. naar Indeed.com estimated this salary based on data from 1 employees, users and past and present job ads. Concentrix: How can customer data drive a better automotive CX? Fordincluded salary and pay ratiodatafor its full workforce in its annual executive compensation reportto the U.S. Securities and Exchange Commission, a disclosurenow required of companies by the 2010 Dodd-Frank Act. ; 61% of the management team is White. Detroit, Michigan Haig Partners: How are dealerships being valued today? And also salary ranges/ benefits for those levels?Current TC: 95k The most common ethnicity among Ford Motor executive officers is White. Tommy covers which is better for your buck! Lawler wasCEO of Ford Autonomous Vehicles and vice president of mobility partnerships. $62,968 / yr. Business Analyst salaries - 93 salaries reported. Aydanos a proteger Glassdoor y demustranos que eres una persona real. Despite challenges from semiconductor shortages, Ford posted 2021 net income of $17.9 billionafter racking up a $1.3 billion loss in 2020 as the pandemic spread. The Ford statement filed with federal regulators also noted that the recommended 14-member board of directors would result in four women and two members who identify as being part of minority groups. Car Wars: Is a Rise in Service Leading to Poor Customer Satisfaction? "Throughout 2020, he provided steady leadership while overseeing new product launches and the launch of the company's 'Built for America' and 'Built to Lend a Hand' campaigns using virtual platforms," the company said of awarding Galhotra an incremental bonus. General Summary Under limited supervision from a Senior Level Executive in Leadership Salary Grade M10 and above or Henry Ford Medical Group Chair, provides personal and administrative support . General Motors has notreleased its executive compensationfor 2021. To inform and empower current and future business leaders by providing the insights, knowledge and connections they need to thrive in a rapidly changing industry. Ajude-nos a manter o Glassdoor seguro confirmando que voc uma pessoa de Executive Summary. Here are further demographic highlights of the leadership team: The Ford Motor executive team is 35% female and 65% male. Ford CEO Jim Farley received total compensation of $22,813,174in 2021for running the company, according to documents the Dearborn automakerreleased Friday. Disculpa William Ford: Executive: Republican Party: $14,200: Henry Ford: Sales/Marketing: Democratic Party: $14,000 . In a year ravaged by the COVID-19 pandemic . Farley's included$318,864 for personal use of aircraft. View Top Engineering Executive Salary in Kyles Ford, TN, and get a free salary report with salary range, bonus, and benefits information. Hackett stepped down as CEO on Oct. 1 but remained with the company as an adviser. $87,464 / yr. Box 6248, Dearborn, MI 48126, U.S.A. In that report, the company showed how much Ford employees made last year as well as top-earners, like CEO Jim Hackett. Fiat Chrysler Automobiles paid CEO Mike Manleymore than $14.4 million in total compensation in 2019. We are sorry for the inconvenience. enva un correo electrnico a Contact Phoebe Wall Howard at 313-222-6512 or phoward@freepress.com. The new totals reflect the addition of Alexandra Ford English and Henry Ford III. pour nous faire part du problme. Its just such a special thing to be part of, Chris says. Heres the next step in their evolution, Champ: The history of titling and the cost of human error. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. Additional pay could include bonus, stock, commission, profit sharing or tips. Ford itemized more than $74.5 million in executive compensation for its top five executives in 2021: Farley, chief financial officer John Lawler, board chair Bill Ford, chief enterprise. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Thorough reviews have been conducted to assure this data accurately reflects disclosures. (CBS DETROIT) - Ford is also facing financial issues after its top executive salaries totaled $70 million while the company only made $47 million last year. This report is not for commercial use. Happy Lunar New Year from all of us at Ford! Ford CEO Jim Hackett told employees Thursday that the company's top 300 executives will defer 20 percent to 50 percent of their pay for at least five months starting May 1 due to the. More: Ford makes come-from-behind push with Mach-E as industry enters new era, More: Ford CEO Jim Farley is doing important work at TCF Center and few know it. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Please enable Cookies and reload the page. ISSN 2576-1064 (print) Base salary is twice-monthly pay that is determined on a competitive basis and adjusted according to performance, job scope and responsibility, and position-in-range. Know Your Worth. ISSN 2576-1072 (online), Stellantis CEO Tavares' 2022 pay fell 14%, Sponsored Content: 5 Ways to Master Declined Service Follow-ups, Sponsored Content: Auto dealers are here to stay. #WeAreFord #FordChinese Association Yes, I'd like to receive email communications on editorial features, special offers, research and events and webinars from Automotive News. 9% of Henry Ford Health System management is Hispanic or Latino. The increase is largely attributed to Farley's stock awards, which more than tripled to about $16 million, according to the company's annual proxy statement filed Friday. Meanwhile, Farley is being rewarded on strength of performance in his first full year as CEO, said Ford spokesperson Catherine Hargett. Henry Ford III, great-great-grandson of the founder, was paid $331,401. "His CEO compensation is 90% performance based and is in line with his industry peers.". FORD MOTOR CO annual reports of executive compensation and pay are most commonly found in the Def 14a documents. His$16.7millionin total compensation broke down as $1.8 million in salary,$7.9 millionin stock awards,$5.6 million in options,$828,000in incentive plan compensation,and about $524,000 in other payments. Ford disclosed the salary and pay ratio data for its executives in an annual compensation report to the U.S. Securities and Exchange Commission. Michael Amend, ina new role as of March 2021,was at $12,781,136. Click here to submit a Letter to the Editor, and we may publish it in print. Lamentamos pelo inconveniente. Help ons Glassdoor te beschermen door te verifiren of u een persoon bent. The average salary for an Executive Director is $129,383 per year in United States, which is 70% lower than the average Ford Motor Company salary of $440,417 per year for this job. Click here to submit a Letter to the Editor, and we may publish it in print. Ford last year recorded its first net loss since the Great Recession $1.3 billion mostly as a result of the pandemic, and revenue fell 9 percent. Detroit, Michigan More: Ford recalls 157K 2021 F-150 pickup trucks for wipers that could fail, More: Stellantis UAW workforce eligible for $14,670 profit-sharing checks, More: Ford CEO says automaker is sold out of electric vehicles: What it really means. Haig Partners: Dealership consolidation trends, Haig Partners: Dealership valuation trends, Haig Partners: Dealership succession planning, Ally: Navigating the future of automotive retailing, Google: How a century-old brand is transforming the auto industry. 2023 CBS Broadcasting Inc. All Rights Reserved. White is the most common ethnicity company-wide. Bill Ford at $16,046,542, down from$16.8 millionin 2019. Cox: Automation and the future of automotive retail, Cox: Transformation toward eCommerce in automotive retailing, Cox: Transforming F&I for Automotive eCommerce, Deloitte: ACCELERATING DIVERSITY, EQUITY AND INCLUSION, Easycare: Reinventing the service contract for EVs, Easycare: The importance of benchmarking your reinsurance performance, Effectv: Why Customer Lifetime Value Should Be the Auto Advertising Buzz Word for 2023, Experian, GroundfTruth and Spectrum Reach: Dealership marketing: Navigating automotive advertising in a post-pandemic world, Experian: Evolving identity beyond the who to enable the how, Experian: Three steps to adapting to constant change in automotive marketing, Haig Partners: Buy-Sell Q&A: Where the Automotive M&A Market is heading, Haig: Buy-Sell Q&A | Advisors add value to sales process, Haig: Buy-Sell Q&A | Navigating partial dealership sales, Haig: Buy-Sell Q&A: Future-proofing your dealership. His compensation included $187,442 for personal use of aircraft and $921,030 for security. Please help us protect Glassdoor by verifying that you're a para informarnos de que tienes problemas. You can unsubscribe at any time through links in these emails. You can unsubscribe at any time through links in these emails. Hackett's 2020 compensation totaled $16.7 million, down 3.6 percent from 2019. Responses will be sent to those that include a return address, as appropriate. March 18, 2022 11:26 AM Michael Martinez Ford CEO Jim Farley DETROIT Ford Motor Co. CEO Jim. With the people of Ford around the world, our leadership is committed to serving all of our stakeholder groups. Fords global purchasing organization is responsible for more than $100 billion in annual spending on production and non-production goods and services around the world.Thai-Tang also has more than 25 years in Product Development, including serving as vice president, Engineering for Global Product Development.

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