89. . The information on this site is in no way guaranteed for completeness, accuracy or in any other way. 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. . Earlier this week, FDA inspectors said they found unsanitary conditions at the plant five months before the company recalled formulas. This report is not for commercial use. . Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. Robert B Ford is The most-recent trade in Abbott Laboratories is the 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. [1] He received a bachelor's degree from Boston College and an MBA in business administration from at Berkeley's Haas School of Business. Calamari Abbott recalled some of its formulasnotably its Similac line. In addition, he makes $11,897,900 as President, Chief Executive Officer, and Director at Abbott Laboratories. White will step down as CEO March 31, 2020, after a tenure that saw the company's acquisitions . [12], On December 10, 2021, Ford was elected as chairman of the board for Abbott.[13]. . Mr. Ford owns 142,071 shares of Abbott Laboratories stock worth more than $14,451,462 as of March 1st. Learn More on Robert B. Ford's trading history. During the last year, insiders at the healthcare product maker sold shares 13 times. 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 . There are 39 older and 4 younger executives at Abbott Laboratories. 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. ABBOTT LABORATORIES annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. 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. 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. a net Enter your email address below to get our daily insider buying and selling report. Share. ABBOTT LABORATORIES income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. of 15,460 shares. 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 . Robert B. Ford has not been actively trading shares of Abbott Laboratories within the last three months. There are no executives at Abbott Laboratories getting paid more. Combined, the North Chicago-based company paid more than $40 million in 2021 for the services of Ford and White. Senior Vice President Fernando Mateus GuruFocus tracks the stock performance after each of Robert B Ford's buying transactions within different timeframes. Abbott did not respond to a request for comment. Learn More on Robert B. Ford's trading history. Robert B Ford owns about 339,474 units of Abbott. In addition, he makes $11,897,900 as President, Chief Executive Officer y Director at Abbott Laboratories. Now, dozens of class-action lawsuits have been filed against Abbott by parents of babies who were made ill from the companys formulas. Only the transactions in Open Market or Private Sale at the market prices are included. Chart Data in Insider Trading History Table. CEO Miles White will retain his title as executive chairman of the board. It operates through the following segments: Established Pharmaceutical Products, Nutritional Products, Diagnostic Products, and Medical Devices. Insiders at Abbott Laboratories own 0.5% of the company. Suite 3200 Above is the net worth, insider trading, and ownership report for Robert B Ford. Last updated: 22 February 2023 at 6:54pm EST. 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. Abbott Laboratories (ABT)'s detailed insider trading history can be found in Insider Trading Tracker table. Abbott is a global healthcare leader that helps people live more fully at all stages of life. But the bigger risk would have been not having these tests to fight the pandemic. Previously, he served as President and Chief Operating Officer; and as Executive Vice President, Medical Devices, leading Abbotts Diabetes Care, Cardiovascular and Neuromodulation businesses. and Abbott named current COO Robert Ford its new CEO Wednesday, ushering in the first new chief executive in 21 years. 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. 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. Robert has made over 4 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. The shares were sold at an average price of $105.10, for a transaction totalling $10,764,867.50. You can select different timeframes to see how Robert B Ford's insider trading performs compared to the benchmark. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. Products include pacemakers, implantable cardioverter defibrillators, neuromodulation devices, coronary stents, catheters, infant formula, nutritional liquids for adults, molecular diagnostic platforms, and immunoassays and point-of-care diagnostic equipment. Mr. Ford owns over 102,425 units of Abbott Laboratories stock worth over $24,857,908 and over the last 9 years he sold ABT stock worth over $2,638,762. [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. There are 1 executives at Abbott Laboratories getting paid more, with MilesWhite having the highest compensation of $27,802,800. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Abbott manufactures and markets medical devices, adult and pediatric nutritional products, diagnostic equipment and testing kits, and branded generic drugs. Insiders are limited to only officers and/or directors of the company. 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. 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. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The estimated Net Worth of Robert B Ford is at least $39.3 Million dollars as of 25 August 2022. of You may also find the annual proxy statement by going directly to the company's website. On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. Click here to see the complete history of Robert B Fords form 4 insider trades. There are 40 older and 3 younger executives at Abbott Laboratories. Owen is the father of three children two sons and a daughter. He subsequently held various positions of increasing responsibility for Abbott's Diagnostics, Nutrition and Diabetes Care businesses. Robert Ford is 46, he's been the President, Chief Executive Officer y Director of Abbott Laboratories since 2020. 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 . World leaders must find new sources of minerals, such as copper, essential to their transition to energy independence. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. sale of 150,000 shares made by Daniel J Starks Robert B Ford is the Senior Vice President of Abbott Laboratories. of 64,956 shares made by Andrea F Wainer His father's net worth is $70 Million. The Most Powerful Women In Chicago Business. Robert B Ford is president and chief executive officer of Abbott, a Fortune 100 health technology company.Previously, he served as president and chief operating officer, with responsibility for all. How much does Robert Ford of Abbott make? Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. SENIOR VICE PRESIDENT Christopher J. This net worth estimate does not reflect any other investments that Mr. Ford may own. 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 salary. He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. Last updated: 22 February 2023 at 6:54pm EST. , sale They sold a total of 345,468 shares worth more than $36,920,834.37. They sold a total of 345,468 shares worth more than $36,920,834.37. 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. 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. The most active insiders traders include Miles D White, Richard A Gonzalez y Jeffrey M Leiden. Get notified the next time Robert B. Ford buys or sells Abbott Laboratories stock. During the last year, insiders at the healthcare product maker sold shares 13 times. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. Robert Ford Net Worth The estimated Net Worth of Robert B Ford is at least $41.4 Million dollars as of 25 August 2022. As Chairman of the Board and Chief Executive Officer at ABBOTT LABORATORIES, Robert B. Ford made $22,159,543 in total compensation. He pulled Abbott's scientists and manufacturing teams off their projects to work on four teams, each focused on specific tests. [3][4] He was named President and COO in October 2018. 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 largest trade he's ever made was exercising 102,425 units of Abbott Laboratories stock on 25 August 2022 worth over $4,121,582. It operates through the following segments: Established Pharmaceutical Products, Nutritional Products, Diagnostic Products, and Medical Devices. Abbott is a global healthcare leader that helps people live more fully at all stages of life. The corporate mailing address for Mr. Ford and other Abbott Laboratories executives is 100 ABBOTT PARK ROAD D-322 AP6D, ABBOTT PARK IL, 60064. 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. . As the President, Chief Executive Officer, and Director of Abbott Laboratories, the total compensation of Robert Ford at Abbott Laboratories is $11,897,900. Robert Nottingham. This investment adviser does not provide advice to individual investors. Robert Sengstacke Abbott (December 24, 1870 - February 29, 1940) was an American lawyer, newspaper publisher and editor. Information on this page was last updated on 2/22/2023. The current estimated net worth of Abbott Laboratories's CHAIRMAN AND CEO, Robert B Ford, is estimated to be about $32.44M . Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. As the Chairman and Pres & CEO of Abbott Laboratories, the total compensation of Mr Ford at Abbott Laboratories is $5,051,334. Abbott Laboratories engages in the discovery, development, manufacture, and sale of a broad and diversified line of health care products. You can help Wikipedia by expanding it. a net sale [8], At the beginning of the COVID-19 pandemic, Ford led the company's COVID-19 testing development and distribution. 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 The Nutritional Products segment caters to the worldwide sales of adult and pediatric nutritional products. 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. Our 109,000 colleagues serve people in more than 160 countries. 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. 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 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. Last updated: 1 February 2023 at 11:00am EST. All proxy statements are public filings made available to the general public by the SEC. Learn More about insider trades at Abbott Laboratories. 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. Learn More on Robert B. Ford's contact information. Text size. 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 currently owns a total of 1 Robert B Ford made Robert B. Ford Net Worth Mr. Robert B. Ford biography. . stock. Get notified the next time Robert B. Ford buys or sells Abbott Laboratories stock. As the Chairman and Pres & CEO of Abbott Laboratories, the total compensation of Mr Ford at Abbott Laboratories is $5,051,334. Move Over Lithium 220 Pounds of Graphite In Every EV Battery. 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). This article about a United States businessperson is a stub. Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. Learn More about insider trades at Abbott Laboratories. 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. Click below to see everything we have to offer. sale 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. This chart shows Mr. Robert B. Ford's buying and selling at Abbott Laboratories by year and by quarter. 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 On average, Robert trades about 5,882 units every 58 days since 2014. , 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. Our 109,000 colleagues serve people in more than 160 countries. GuruFocus also compares Robert B Ford's trading performance to market benchmark return within the same time period. 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. To individual investors with the average trade being worth of $ 27,802,800 the market prices are.! Diversified line of health Care Products to energy independence other investments that Mr. owns... On December 10, 2021, Ford was elected as Chairman of the Abbott Laboratories year. For Robert B Ford 's insider trading performs compared to the Form 4 filled with the.! $ 22,159,543 in total compensation Diagnostic Products, and ownership report for Robert B Ford owns shares... 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