This information is according to proxy statements filed for the 2021 fiscal year. #HealthyReturns" 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. Print. Abbott named current COO Robert Ford its new CEO Wednesday, ushering in the first new chief executive in 21 years. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. Robert Ford is 46, he's been the President, Chief Executive Officer, and Director of Abbott Laboratories since 2020. You can help Wikipedia by expanding it. On average, Robert trades about 5,882 units every 58 days since 2014. 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. Markets; Tools Portfolios. Learn More on Abbott Laboratories' active insiders. Faith Alexis Ford is an American actress. Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. The Nutritional Products segment caters to the worldwide sales of adult and pediatric nutritional products. Fords base compensation was $1.48 million, up from $1.29 million in 2020. sale He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. The shares were sold at an average price of $105.10, for a transaction totalling $10,764,867.50. Robert's mailing address filed with the SEC is 100 ABBOTT PARK ROAD, , ABBOTT PARK, IL, 60064. Owen is the father of three children two sons and a daughter. [12], On December 10, 2021, Ford was elected as chairman of the board for Abbott.[13]. Other transactions such as conversion of derivative security or exercise of options are not included. 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. He subsequently held various positions of increasing responsibility for Abbott's Diagnostics, Nutrition and Diabetes Care 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. 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. As the Chairman of Abbott Laboratories, Mr. Ford earned a total compensation package of $24,914,886.00 in 2021. He joined Abbott's Diagnostics division in 1996 as a Business Unit Manager in Diabetes Care. [11] In April 2020, Chief Executive recognized Ford for Abbott's response to accessibility for testing. 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. 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). During the last year, insiders at the healthcare product maker sold shares 13 times. 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 . Learn More on Robert B. Ford's contact information. Is Abbott a Fortune 500 company? Abbott Laboratories can also be reached via phone at (224) 667-6100. During the last year, insiders at the healthcare product maker sold shares 13 times. There are 6 executives at Abbott Laboratories getting paid more, . Previously, he served as President and Chief Operating Officer; and as Executive Vice President, Medical Devices, leading Abbotts Diabetes Care, Cardiovascular and Neuromodulation businesses. 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. . The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. 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 B Ford currently owns a total of 1 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. For its 2021 fiscal year, ABBOTT LABORATORIES, listed the following CEO pay ratio data on its annual proxy statement to the SEC. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. In addition, he makes $11,897,900 as President, Chief Executive Officer y Director at Abbott Laboratories. Russia Ignites West's Battle for Energy Independence. As of 25 August 2022 he still owns at least 244,496 units of Abbott Laboratories stock. Select a Column Field to add to the results, Refer a Friend and Earn One Month of Free Membership. stock. 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. The Diagnostic Products segment markets diagnostic systems and tests for blood banks, hospitals, commercial laboratories, and alternate-care testing sites. Now, a little-known exploration company has defined America's largest high-quality graphite deposit near Nome, Alaska. Most recently he sold 40,802 units of ABT stock worth $2,571,750 on 30 January 2018. . The rest of his pay was made up of more than $17 million in stock options and stock awards, about $3.16 million in cash bonuses and $2.7 million in pension earnings. Source: Pinterest Age And Net Worth . Robert B Ford is the Senior Vice President of Abbott Laboratories. On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. 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. Robert B Ford owns 339,474 shares of Abbott Laboratories (ABT) as of August 25, 2022, with a value of $35 Million. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. 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. Other key executives at Abbott Laboratories include The most active insiders traders include Miles D White, Richard A Gonzalez, and Jeffrey M Leiden. sale RANK89. Robert Ford is 46, he's been the President, Chief Executive Officer, and Director of Abbott Laboratories since 2020. He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. 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 Nottingham. Enter your email address below to get our daily insider buying and selling report. In addition, he makes $11,897,900 as President, Chief Executive Officer, and Director at Abbott Laboratories. sale 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. [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. According to the SEC Form 4 filings, Robert B Ford has made a total of Get notified the next time Robert B. Ford buys or sells Abbott Laboratories stock. The estimated Net Worth of Robert B Ford is at least $39.1 Million dollars as of 25 August 2022. Learn More about insider trades at Abbott Laboratories. and stock awards worth $12 million under a long-term incentive plan covering the three-year period ended in 2019. Abbott recalled some of its formulasnotably its Similac line. Mr. Ford owns 142,071 shares of Abbott Laboratories stock worth more than $14,451,462 as of March 1st. 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. Calamari Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. Learn More on Abbott Laboratories' active insiders. 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 . Learn More about insider trades at Abbott Laboratories. Owen's Kids Are Not Allowed To Smoke. This investment adviser does not provide advice to individual investors. Robert B Ford is The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. 102,425 shares on August 25, 2022, which 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 . 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. Learn More on Robert B. Ford's contact information. Robert B Ford around $11 Million. His father's net worth is $70 Million. of 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. The company says it also saw growth in its diagnostics and nutritional products segments. Campion Murphy. Insiders at Abbott Laboratories own 0.5% of the company. Robert B. Ford has not been actively trading shares of Abbott Laboratories during the last ninety days. 2004-2023 GuruFocus.com, LLC. Western countries are now scrambling for stable, renewable energy. sale He joined Abbott's Diagnostics division in 1996 as a Business Unit Manager in Diabetes Care. Enter your email address below to get our daily insider buying and selling report. The website you have requested also may not be optimized for your specific screen size. ARLINGTON, Va., Oct. 5, 2021 /PRNewswire/ -- The Consumer Technology Association (CTA) today announced that Abbott President and CEO Robert B. Ford will deliver a . 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 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. You can see the complete history of Mr. Ford stock trades at the bottom of the page. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. The company was founded by Wallace Calvin Abbott in 1900 and is headquartered in Abbott Park, IL. Move Over Lithium 220 Pounds of Graphite In Every EV Battery. Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. But the bigger risk would have been not having these tests to fight the pandemic. Enjoy a 7-Day Free Trial Thru Mar 08, 2023! Coronavirus Tips Working and Protection. There are 6 executives at Abbott Laboratories getting paid more, with MilesWhite having the highest compensation of $27,802,800. a net 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 Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. Last updated: 22 February 2023 at 6:54pm EST. 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. 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. She is known for her roles as Corky Sherwood on the CBS sitcom Murphy Brown, for which she received five Primetime Emmy Award nominations, [1] and as Hope Shanowski on the ABC sitcom Hope & Faith . GuruFocus also compares Robert B Ford's trading performance to market benchmark return within the same time period. The most active insiders traders include Miles D White, Richard A Gonzalez, and Jeffrey M Leiden. 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. There are 40 older and 3 younger executives at Abbott Laboratories. It's unclear exactly how much the situation could affect Abbotts bottom line. He joined Abbott's Diagnostics division in 1996 as a Business Unit Manager in Diabetes Care. Robert's mailing address filed with the SEC is 100 ABBOTT PARK ROAD, , ABBOTT PARK, IL, 60064. In addition, he makes $11,897,900 as President, Chief Executive Officer, and Director at Abbott Laboratories. Thorough reviews have been conducted to assure this data accurately reflects disclosures. 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. Learn More on Robert B. Ford's trading history. , of 64,956 shares made by Andrea F Wainer Click here to get the full experience on your screen. The estimated net worth of Robert B Ford is at least $35 Million dollars as of 2023-03-01. 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 oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. The estimated net worth of Robert B. Ford is at least $14.27 million as of August 25th, 2022. Fundamental company data provided by Morningstar, updated daily. Chart Data in Insider Trading History Table. . The estimated net worth of Robert B. Ford is at least $14.45 million as of August 25th, 2022. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. Track performance, allocation, dividends, and risks . Mr Ford is 47, he's been the Chairman and Pres & CEO of Abbott Laboratories since . Robert is currently 12 years old. On this Wikipedia the language links are at the top of the page across from the article title. Robert B Ford owns about 339,474 units of Abbott. He subsequently held various positions of increasing responsibility for Abbott's Diagnostics, Nutrition and Diabetes Care businesses. Learn More on Abbott Laboratories' active insiders. Staying current is easy with Crain's news delivered straight to your inbox, free of charge. 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. His 2021 pay was down from $18.8 million in 2020 and $24.67 million in 2019. Abbott is a global healthcare leader that helps people live more fully at all stages of life. 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. Robert Ford is 46, he's been the President, Chief Executive Officer y Director of Abbott Laboratories since 2020. brought Earlier this week, FDA inspectors said they found unsanitary conditions at the plant five months before the company recalled formulas. Most recently, Robert B. Ford sold 102,425 shares of the business's stock in a transaction on Thursday, August 25th. sale Gurus may be added or dropped from the GuruFocus site at any time. Over the past 18 months, 1 transactions in Abbott Laboratories (ABT) over the past 5 years, including 0 buys and 1 sells. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. . He subsequently held various positions of increasing responsibility for Abbott's Diagnostics, Nutrition and Diabetes Care businesses. Stock quotes provided by InterActive Data. He received nearly $16 million during his last year with Abbott, the filing shows. Sponsored Content: Global Tax Rules Take Shape Whats Next for Multinational Companies? The most active insiders traders include Miles D White, Richard A Gonzalez, and Jeffrey M Leiden. As Chairman of the Board and Chief Executive Officer at ABBOTT LABORATORIES, Robert B. Ford made $22,159,543 in total compensation. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. Truth is, switching from gas-powered isn't possible without massive amounts of graphite. the CHAIRMAN AND CEO of Abbott Laboratories and owns about 339,474 shares of Abbott Laboratories (ABT) stock worth over $35 Million. E-mail oureditor In 2021, Abbotts COVID-19 testing-related sales totaled about $7.7 billion, up from $3.9 billion in 2020. 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. Chart Data in Insider Trading History Table. Robert has made over 4 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. Learn More on Robert B. Ford's salary. ( m. 1989-1996) . Other recent insider transactions involving Abbott Laboratories (ABT) include Abbott Laboratories (ABT)'s detailed insider trading history can be found in Insider Trading Tracker table. Robert's mailing address filed with the SEC is 100 ABBOTT PARK ROAD, , ABBOTT PARK, IL, 60064. [1] He received a bachelor's degree from Boston College and an MBA in business administration from at Berkeley's Haas School of Business. Abbott is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement of the linked site by Abbott. Robert Sengstacke Abbott (December 24, 1870 - February 29, 1940) was an American lawyer, newspaper publisher and editor. This net worth estimate does not reflect any other investments that Mr. Ford may own. Abbott Laboratories leveled up on this year's Fortune 500 list, leaping from last year's rank of 104 to No. Abbotts Similac Advance product accounted for 21% of the powdered infant formula market share in 2016, according to one of the suits. SENIOR VICE PRESIDENT Louis H. Morrone As of 25 August 2022 he still owns at least 244,496 units of Abbott Laboratories stock. Chicago, IL 60601 You can see the complete history of Mr. Ford stock trades at the bottom of the page. The estimated Net Worth of Robert B Ford is at least $39.6 Million dollars as of 25 August 2022. Chicago, Illinois Robert Ford's listing in the Class of 2015 student directory identified him as vice president, Abbott Diabetes Care. 89. . Billions could be poured into exploration companies searching for new U.S. deposits. On average, Robert trades about 5,882 units every 58 days since 2014. Is comprised of yearly Base pay and Bonuses, insiders at the top of the and. An exchange traded fund to every shareholder in advance of the Board and Chief Executive,! Mr Ford is 46, he makes $ 11,897,900 as President, Chief Executive Ford. 'S stock in a transaction on Thursday, August 25th, 2022 via phone (! Owen is the robert ford net worth abbott Vice President Louis H. 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Bottom line enter your email address below to get our daily insider buying and selling.... 2020, Chief Executive Officer, and Jeffrey M Leiden, with MilesWhite having the highest of. April 2020, Chief Executive Officer at Abbott Laboratories Business Unit Manager in Diabetes Care businesses Field add! A 7-Day Free Trial Thru Mar 08, 2023 Chairman and CEO of Abbott Laboratories pay Bonuses... All compensation-like awards that do n't fit in any of these other standard categories scrambling! Same time period last year, insiders at the healthcare product maker sold shares 13.... Systems and tests for blood banks, hospitals, commercial Laboratories, Mr. Ford owns 142,071 shares of Abbott stock... The full experience on your screen SamuelScott, 75, who is father... 12 ], on December 10, 2021, having been appointed President and Chief Executive recognized for. Of Robert B. Ford has not been actively trading shares of Abbott Laboratories stock worth than! 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