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. He joined Abbott's Diagnostics division in 1996 as a Business Unit Manager in Diabetes Care. The Diagnostic Products segment markets diagnostic systems and tests for blood banks, hospitals, commercial laboratories, and alternate-care testing sites. Insiders at Abbott Laboratories own 0.5% of the company. no insider transaction in Abbott Laboratories (ABT). As of 25 August 2022 he still owns at least 244,496 units of Abbott Laboratories stock. He subsequently held various positions of increasing responsibility for Abbott's Diagnostics, Nutrition and Diabetes Care businesses. There are no executives at Abbott Laboratories getting paid more. brought Our 109,000 colleagues serve people in more than 160 countries. There are 6 executives at Abbott Laboratories getting paid more, with MilesWhite having the highest compensation of $27,802,800. Markets; Tools Portfolios. This report is not for commercial use. The FDA says two deaths have so far been linked to contaminated Abbott formula. During the last year, insiders at the healthcare product maker sold shares 13 times. 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. 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. 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. Robert B Ford made For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. Western countries are now scrambling for stable, renewable energy. 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). Abbott Laboratories (ABT) sale 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 . of 15,460 shares. . Learn More about insider trades at Abbott Laboratories. Our 109,000 colleagues serve people in more than 160 countries. The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. 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 . The website you have requested also may not be optimized for your specific screen size. Only the transactions in Open Market or Private Sale at the market prices are included. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Chicago, Illinois Robert Ford's listing in the Class of 2015 student directory identified him as vice president, Abbott Diabetes Care. There are 40 older and 3 younger executives at Abbott Laboratories. Abbott Laboratories can also be reached via phone at (224) 667-6100. You may also find the annual proxy statement by going directly to the company's website. of 150,000 shares made by Daniel J Starks The information shown here is a reporting of information included in the company's 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. 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. View saved articles. Other recent insider transactions involving Abbott Laboratories (ABT) include "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. The company says it also saw growth in its diagnostics and nutritional products segments. See Why Investors Are So Excited About This. He will become the 13th CEO in the company's 131-year history. Missing Crain's in print? 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. The most-recent trade in Abbott Laboratories is the The Nutritional Products segment caters to the worldwide sales of adult and pediatric nutritional products. Information on this page was last updated on 2/22/2023. He subsequently held various positions of increasing responsibility for Abbott's Diagnostics, Nutrition and Diabetes Care businesses. Share. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. Information on this page was last updated on 2/22/2023. It operates through the following segments: Established Pharmaceutical Products, Nutritional Products, Diagnostic Products, and Medical Devices. Get notified the next time Robert B. Ford buys or sells Abbott Laboratories stock. 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. He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. What is Robert B. Ford's salary? 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. Robert's mailing address filed with the SEC is 100 ABBOTT PARK ROAD, , ABBOTT PARK, IL, 60064. Last updated: 1 February 2023 at 11:00am EST. 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. GuruFocus tracks the stock performance after each of Robert B Ford's buying transactions within different timeframes. Abbott is a global healthcare leader that helps people live more fully at all stages of life. He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. Most recently he sold 40,802 units of ABT stock worth $2,571,750 on 30 January 2018. . Learn More on Robert B. Ford's trading history. Learn More on Robert B. Ford's salary. 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. 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 . Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. . 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 Laboratories (ABT)'s detailed insider trading history can be found in Insider Trading Tracker table. Robert Ford Net Worth The estimated Net Worth of Robert B Ford is at least $41.4 Million dollars as of 25 August 2022. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Get the best business coverage in Chicago, from breaking news to razor-sharp analysis, in print and online. Text size. There are 1 executives at Abbott Laboratories getting paid more, with MilesWhite having the highest compensation of $27,802,800. Most recently he sold 40,802 units of ABT stock worth $2,571,750 on 30 January 2018. . The estimated net worth of Robert B Ford is at least $35 Million dollars as of 2023-03-01. Enter your email address below to get our daily insider buying and selling report. Last updated: 22 February 2023 at 6:54pm EST. Owen's Kids Are Not Allowed To Smoke. Abbott Laboratories engages in the discovery, development, manufacture, and sale of a broad and diversified line of health care products. 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. He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. Billions could be poured into exploration companies searching for new U.S. deposits. In addition, he makes $11,897,900 as President, Chief Executive Officer, and Director at Abbott Laboratories. . . SENIOR VICE PRESIDENT Louis H. Morrone 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. Over the past 18 months, The most active insiders traders include Miles D White, Richard A Gonzalez, and Jeffrey M Leiden. Select a Column Field to add to the results, Refer a Friend and Earn One Month of Free Membership. #HealthyReturns" Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. Robert Sengstacke Abbott (December 24, 1870 - February 29, 1940) was an American lawyer, newspaper publisher and editor. Mr. Ford owns over 102,425 units of Abbott Laboratories stock worth over $26,852,996 and over the last 9 years he sold ABT stock worth over $2,638,762. There are 1 executives at Abbott Laboratories getting paid more, with MilesWhite having the highest compensation of $27,802,800. Robert Ford, who has deep experience with the medical device business at Abbott Laboratories, will become the new CEO of the Illinois-based company in . , 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. 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. You might contact Robert B Ford via mailing address: 100 Abbott Park Road, Ap6a-2, D-032l, Abbott Park Il 60064-6092. Robert's mailing address filed with the SEC is 100 ABBOTT PARK ROAD, , ABBOTT PARK, IL, 60064. Learn More on Robert B. Ford's trading history. the total compensation of Mr Ford at Abbott Laboratories is $5,051,334. Abbott has 112,060 employees in more than 160 countries, but 4,035 workers in Bolivia, Georgia, Indonesia, Kazakhstan, Pakistan and the Philippines were excluded in identifying the companys median employee. 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. Is Abbott a Fortune 500 company? 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 has not been actively trading shares of Abbott Laboratories within the last three months. . Robert B. Ford serves as President, Chief Executive Officer, Director of the Company. All proxy statements are public filings made available to the general public by the SEC. 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 Robert B Ford owns 339,474 shares of Abbott Laboratories (ABT) as of August 25, 2022, with a value of $35 Million. For its 2021 fiscal year, ABBOTT LABORATORIES, listed the following CEO pay ratio data on its annual proxy statement to the SEC. But the bigger risk would have been not having these tests to fight the pandemic. During the last year, insiders at the healthcare product maker sold shares 13 times. 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. Past performance is a poor indicator of future performance. Details can be seen in Robert B Ford's Latest Holdings Summary section. sale ABBOTT LABORATORIES income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. sale See who is leading new copper discoveries and how. Abbott is a global healthcare leader that helps people live more fully at all stages of life. sale 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. 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. You can see the complete history of Mr. Ford stock trades at the bottom of the page. Abbott Laboratories can also be reached via phone at (224) 667-6100. 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 estimated Net Worth of Robert B Ford is at least $39.3 Million dollars as of 25 August 2022. Learn More about Robert B. Ford's net worth. SENIOR VICE PRESIDENT Christopher J. [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. He joined Abbott's Diagnostics division in 1996 as a Business Unit Manager in Diabetes Care. RANK89. As the President, Chief Executive Officer y Director of Abbott Laboratories, the total compensation of Robert Ford at Abbott Laboratories is $11,897,900. There are 40 older and 3 younger executives at Abbott Laboratories. . Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. [3][4] He was named President and COO in October 2018. 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. The Established Pharmaceutical Products segment refers to the international sales of a line of branded generic pharmaceutical products. Get notified the next time Robert B. Ford buys or sells Abbott Laboratories stock. [12], On December 10, 2021, Ford was elected as chairman of the board for Abbott.[13]. Abbott is a global healthcare leader that helps people live more fully at all stages of life. There are 40 older and 3 younger executives at Abbott Laboratories. He joined Abbott's Diagnostics division in 1996 as a Business Unit Manager in Diabetes Care. [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. 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. On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. The most active insiders traders include Miles D White, Richard A Gonzalez, and Jeffrey M Leiden. Enjoy a 7-Day Free Trial Thru Mar 08, 2023! The company introduced its first two tests in March 2020 and delivered more than 400 million in 2020. 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. 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. ARLINGTON, Va., Oct. 5, 2021 /PRNewswire/ -- The Consumer Technology Association (CTA) today announced that Abbott President and CEO Robert B. Ford will deliver a . a net Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. Parents of Robert Ford Wilson. He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. Faith Alexis Ford is an American actress. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. You can see the complete history of Mr. Ford stock trades at the bottom of the page. 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. But he collected the same $1.9 million . abbott net worth. 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. 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 Abbott has hit some hurdles in its nutritional products segment since the U.S. Food & Drug Administration and the U.S. Centers for Disease Control & Prevention opened an investigation in February into the companys production of baby powder formulas at a Sturgis, Mich., manufacturing plant. In addition, he makes $11,897,900 as President, Chief Executive Officer, and Director at Abbott Laboratories. Click below to see everything we have to offer. Earlier this week, FDA inspectors said they found unsanitary conditions at the plant five months before the company recalled formulas. Also find the annual proxy statement see who is the Independent Director ABT ) Kids not! 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