pour nous faire part du problme. More: Bill Ford describes his future, role of daughter as first female Ford family member on board, More: Despite COVID-19 and scandal, UAW income and strike fund grow with steady membership, The proxyreport is prepared in advance of a May 13 virtual annual shareholders meeting. Chief Advanced Product Development and Technology Officer. Based on 4 salaries posted anonymously by Ford Motor Company Executive Director employees in Freeport, MI. Onze 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. More: Bill Ford's controversial viewpoint has changed Detroit automaker. Ford itemized more than $43 million in executive compensation for its top three executives in 2020: Hackett, Farley and executive chairman Bill Ford, filings show. CEO Jim Farley, who assumedthe helmon Oct. 1, earned $11,802,054 in executive compensation for the whole year. Both Hau Thai-Tang, now chief industrial platform officer, andKumar Galhotra, now president of Ford Blue,fell off the list of top paid executives. 11% of employees are Black or African American. Thelower amountin this years filingreflects whatLawler actually received. Thai-Tang and Kumar Galhotra, Ford's president of the Americas and International Markets Group, received incremental bonuses for their roles last year. The document notes Farley's "accession" to CEO led to his unveiling "The Plan: Ford's strategy to speed our transformation, improve execution, and drive growth. Allstate: Compliance standards are changing. Contact Phoebe Wall Howard: 313-618-1034 or phoward@freepress.com. The Times-Union compiled a list of the. Please enable Cookies and reload the page. In 2020, Ford compensated its directors in cash, stock and other benefits from$96,760 for director Jon Huntsman to $996,733 for director Edsel B.Ford II, which reflectsconsulting fees. Based on our data team's research, James D. Farley Jr is the Ford Motor's CEO. The company's 2021 performance led to sizable bonuses, including $3.7 million for Farley and $2 million for CFO John Lawler. 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. ; 61% of the management team is White. Actual salary will be determined based on skills, experience (to the extent relevant) and other job-related factors, consistent with applicable law. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. Haig: Buy-Sell Q&A: What is the value of an M&A advisor? Kumar Galhotra, president of the Americas and International Markets Group, earned $8,534,094. Ford CEO Jim Farley received total compensation of $22,813,174in 2021for running the company, according to documents the Dearborn automakerreleased Friday. The Free Press noticed a discrepancy of $100,000 in the Lawler compensation from 2020 and Ford noted the company inadvertently reporteda partial compensation category as$112,750 that was actually only $18,281. White is the most common ethnicity company-wide. The Henry - Autograph Collection Jobs Near Me, Maintenance Supervisor jobs at Ford Motor, Production Team Member jobs at Ford Motor, Human Resources Associate jobs at Ford Motor, Senior Software Engineer jobs at Ford Motor, Software Development Engineer jobs at Ford Motor, Embedded Software Engineer jobs at Ford Motor. Reid emailedthe Free Press in March. "Historically, the Compensation Committee has refrained from exercising its discretion to modify the company's incentive programs, but, with management recommendations and advice from the committee's independent consultant, the committee determined that the unprecedented circumstances of the COVID-19 pandemic warranted such an action for 2020," Ford said in the proxy. Indeed.com estimated this salary based on data from 1 employees, users and past and present job ads. Ford disclosed the salary and pay ratio data for its executives in an annual compensation report to the U.S. Securities and Exchange Commission. Concentrix: How can customer data drive a better automotive CX? [Photo: Ford] Ford disclosed the salary and pay ratio data for its executives in an . excuses voor het ongemak. "Mr. Farley is a relatively new CEO leading a successful business transformation and his compensation reflects the change in his position, improvements in the companys performance and Ford+ achievements," she told the Free Press on Friday. In A Wave Of Awful Car Sales, Tesla Still Managed A Strong Performance, The BMW R18 Is A Modern Throwback With The Brands Most Powerful Boxer Engine Ever, Auto Theft Is a Growing Epidemic, And You Really Need to Watch Out In These States, The Final Dodge Last Call Model Is Almost Here and Its Packing 7.1 Extra Pounds ofSomething, Nissan Recall: More Than 800,000 Rogue, Rogue Sport Models May Have Ignition Key Problem. "Jim (Hackett) has been advising (Executive Chairman)Bill Ford and the management team on strategic issues. Yes, I'd like to receive email communications on editorial features, special offers, research and events and webinars from Automotive News. naar The CEO of Ford Motor is James D. Farley Jr. Henry Ford III and William E. Kennard founded Ford Motor. 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. CHIEF EXECUTIVE OFFICER, FORD MOTOR COMPANY, Member, Board of Directors, Ford Motor Company, Member, board of directors, Ford motor company, MEMBER, BOARD OF DIRECTORS, FORD MOTOR COMPANY, Member, Board of Directors, Ford Motor Company(Lead Independent Director). March 18, 2022 11:26 AM Michael Martinez Ford CEO Jim Farley DETROIT Ford Motor Co. CEO Jim. His $17.4 million in total compensation was down slightly from $17.8 million in 2018, but he still earned 157 times the average employees median total compensation of $110,706. GM CEO Mary Barra received a $23.6 million package in 2020. Employees did achieve higher compensation than in 2018 (when it was $64,316), but Ford acknowledged that drastic difference came down to pension values and how it calculates compensation figures. los inconvenientes que esto te pueda causar. message, contactez-nous l'adresse "Based on these interactions, we believe investors were generally satisfied with our compensation programs in 2021 and we are pleased that investors support our compensation philosophy, policies, and programs.". to let us know you're having trouble. Related Searches:All Executive Director Salaries|All Ford Motor Company Salaries. Vice President, EV Industrialization, Ford Model e. James D. Farley, Jr. President and Chief Executive Officer. Its just such a special thing to be part of, Chris says. Joseph "Chef Joe" Nader Jr., executive chef and former owner of a well-known chocolatier business and a meal prep business, has died. #WeAreFord #FordChinese Association 2020 CBS Broadcasting Inc. All Rights Reserved. DirectorJon Huntsman was paid the most at$3.9 million. Happy Lunar New Year from all of us at Ford! However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. GMs Mary Barra earned $21.87 million in 2018. Product Manager salaries - 112 salaries reported. Aydanos a proteger Glassdoor verificando que eres una persona real. His base salary of $1.7 million was unchanged, but his stock awards more than doubled to $13.8 million. Under The Plan, we will turnourbusinessaround by modernizing how we operate, simplifying our processes, building on our strengths, exploring new opportunities, caringforeachotherandourcustomers,and leading the electrification revolution in areas of strength. What do you think? Farley's included$318,864 for personal use of aircraft. Ford's biggest individual earner last year was Hackett, who served as CEO from May 2017 to last October. Chief Policy Officer and General Counsel. Ajude-nos a manter o Glassdoor seguro confirmando que voc uma pessoa de Of interest to many nonprofit readers are the salaries paid to foundation executives and to the top people in nonprofit service providers. real person. Dianne Craig. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. Ford's Jim Hackett kept $16.7M pay package in 2020 despite stepping down, Ford recalls 157K 2021 F-150 pickup trucks for wipers that could fail, Stellantis UAW workforce eligible for $14,670 profit-sharing checks, Ford CEO says automaker is sold out of electric vehicles: What it really means, Barra received a $23.6 million package in 2020, Alexandra Ford English, Henry Ford III win election to Ford Motor board, Ford CEO Jim Farley gave us big clue automaker's stock was going to surge, Ford doubles annual bonuses amid worker fury over controversial formula, Ford's plan to funnel $3B from gas vehicles to fund electric, tech, Ford settles lawsuit alleging automaker targeted high-performing older workers, Your California Privacy Rights/Privacy Policy, John Lawler, CFO, at $9,428,326, up from $5,888,673in 2020. Farley's pay included a $1.7 million base salary, up 19 percent over 2020. The automaker is also trying to figure out when to release its highly anticipated Ford Bronco and F-150. With the people of Ford around the world, our leadership is committed to serving all of our stakeholder groups. envie um e-mail para 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. In 2016, HFHS reported having 21,462 employees who were compensated $1.5 billion (about half of total reported revenue), which equates to an average compensation of $70,500. Sign up and get the best of Automotive News delivered straight to your email inbox, free of charge. The charts on this page feature a breakdown of the total annual pay for the top executives at FORD MOTOR CO as reported in their proxy statements. $121,049 / yr. Ford College Graduate salaries - 97 salaries reported. Here are further demographic highlights of the leadership team: James D. 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. 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? 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His responsibilities expanded last year. Ford's 2019 compensation for its top executives, which includes salary, incentive bonuses, stock, and other perks, is broken down as follows: CEO Jim Hackett: $17.36 million Executive Chairman Bill Ford: $16.76 million CFO Tim Stone: $8.32 million CFO Bob Shanks: $8.32 million Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Ford Motor has 186,000 employees, of which 104 are in a leadership position. "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. And in 2020, Ford CEO Jim Farley brought home a total of $11.8 million, which was a 41 percent increase over his 2019 compensation, prior to taking over as the automaker's CEO. In this week's "Ask Nathan," Modular EV Truck, Using Tires for Disaster Recovery, and Wrenching on Our Own Cars? Farley's pay included a $1.4 million base salary, $5.1. "The Ford Compensation Committee changed its name to the Compensation, Talent and Culture Committee to reflect its responsibilities related to significant people-related strategies to enhance oversight of human capital management," the filing said. Allstate: Compliance standards are changing. Average salary for Ford Motor Company Executive Director in Freeport, MI: [salary]. Meanwhile, Farley is being rewarded on strength of performance in his first full year as CEO, said Ford spokesperson Catherine Hargett. Hau Thai-Tang is executive vice president of Product Development and Purchasing, Ford Motor Company, effective June 1, 2017. Thorough reviews have been conducted to assure this data accurately reflects disclosures. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. The estimated base pay is $196,149 per year. Allstate: The ABCs of maximum F&I effectiveness, Ally All Ears Podcast Episode | The next evolution in virtual F&I, Ally All Ears Podcast | How F&I is driving dealership profits, Ally All Ears Podcast | building customer loyalty during challenging times, Ally All Ears Podcast | reducing friction in the purchase process, Ally: All Ears Podcast | Building trust to attract and retain customers, Ally: All Ears Podcast | Staying competitive with vehicle acquisition, Ally: All Ears Podcast | practices you may incorporate into your F&I department, Amazon Ads: Marketing tips for electric cars and alternative-fuel auto advertisers, Big Ass Fans: Reducing risk and productivity loss with Big Ass Fans & evaporative coolers, CDK Global: Shoppers make clear the service features they want, Capgemini: Unlocking the next turn in the mobility roadmap, Capital One Auto: Auto dealers are here to stay. You may also find the annual proxy statement by going directly to the company's website. The Detroit News. enva un correo electrnico a Stellantis CEO Carlos Tavares made $21M in 2021. Read more on Ford and sign up for our autos newsletter. The changes would apply to Galhotra, CEO Jim Farley, Executive Chair Bill Ford Jr. and other senior leaders. 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. Ford said executives exceeded cash flow, pretax earnings and quality targets, although they achieved none of their revenue goals. For more information, see ourPrivacy Policy. If you would like to contact Fords Board of Directors please use the following address: Ford Motor Company, Customer Relationship Center, P.O. Ford Motor is 34% female and 66% male company-wide. DETROIT Jim Farley's total compensation from Ford Motor Co. jumped 41 percent to $11.8 million in 2020, when he took over as CEO. Click here to submit a Letter to the Editor, and we may publish it in print. 9% of Henry Ford Health System management is Hispanic or Latino. All proxy statements are public filings made available to the general public by the SEC. If you continue to see this 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. Process Coach salaries - 86 salaries reported. FORD MOTOR CO income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Car Wars: Is a Rise in Service Leading to Poor Customer Satisfaction? Aiutaci a proteggere Glassdoor dimostrando che sei una persona reale. Hau Thai-Tang, chief product platform and operations officer, made $11.8 million, including a $1.2 million salary.
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