ford executives salaries ford executives salaries

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. ; 11% of Ford Motor management is Hispanic or Latino. 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. What do you think? ISSN 2576-1064 (print) However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. to let us know you're having trouble. 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. Concentrix: How can customer data drive a better automotive CX? (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. Average salary for Ford Motor Company Executive Director in Freeport, MI: [salary]. excuses voor het ongemak. 11% of the management team is Hispanic or Latino. Hau Thai-Tang, chief product platform and operations officer, made $11.8 million, including a $1.2 million salary. The ratio of the CEO's total compensation to the medianof all employees' total compensation is 356 to 1. 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. The new totals reflect the addition of Alexandra Ford English and Henry Ford III. #WeAreFord Farley's pay included a $1.4 million base salary, $5.1 million in stock awards and nearly $4.2 million in other awards, according to the company's annual proxy statement filed Thursday. 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. ", More: Ford puts 4 properties on the selling block, 35 sites under review in Dearborn area, More: Michigan Central Station on track for 2022 finish: 'This is a Phoenix rising'. Indeed.com estimated this salary based on data from 1 employees, users and past and present job ads. It's the Year of the Rabbit! Choose your news we will deliver. Have an opinion about this story? las molestias. General Motors CEO Mary Barraearned$21.6million in total compensation in 2019. 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 Stone, who was hired April 15 and assumed his CFO role June 1: $8.32 million. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. 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. The company's 2021 earnings included a $7.4 billion profit in North America. 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. per informarci del problema. Lisa Drake. View Top Engineering Executive Salary in Kyles Ford, TN, and get a free salary report with salary range, bonus, and benefits information. His compensation also included $830,305 for personal use of aircraft. Ford Motor Co. CEO Jim Hackett in 2019 received $17.36 million in total compensation, the Dearborn automaker reported in a Friday filing with the Securities and . Executive Chair Bill Ford's total compensation rose about 16 percent to $18.6 million. Chief Advanced Product Development and Technology Officer. White is the most common ethnicity company-wide. The estimated additional pay is $244,268 per year. DirectorJon Huntsman was paid the most at$3.9 million. Lamentamos pelo inconveniente. Haig Partners: How are dealerships being valued today? Big stock awards and performance gave Ford CEO Jim Farley a major boost in his 2021 payout. Ford's 2021 revenue totaled $136 billion, up from $127 billion in 2020, marking the second consecutive year it generated more revenue than General Motors. "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.". 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). More: Ford's Jim Hackett kept $16.7M pay package in 2020 despite stepping down. If you would like to contact Fords Board of Directors please use the following address: Ford Motor Company, Customer Relationship Center, P.O. Have an opinion about this story? 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. Farley's included$318,864 for personal use of aircraft. an. The information shown here is a reporting of information included in the company's proxy statement. Aydanos a proteger Glassdoor y demustranos que eres una persona real. Detroit, Michigan "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. 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. More: Ford's plan to defer government loan payments a 'concerning sign', More: Ford hires global CMO from eBay amid shakeup in tech, vehicle launches. Here are further demographic highlights of the leadership team: The Ford Motor executive team is 35% female and 65% male. Executive Chairman Bill Ford: $16.76 million, up from $13.83 million in 2018. ISSN 1557-7686 (online), Fixed Ops Journal For more information, see ourPrivacy Policy. 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. Se continui a visualizzare 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. His responsibilities expanded last year. 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? Dianne Craig. Ford's biggest individual earner last year was Hackett, who served as CEO from May 2017 tolastOctober. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. ; 61% of the management team is White. And also salary ranges/ benefits for those levels?Current TC: 95k Stellantis CEO Carlos Tavares made $21M in 2021. enviando un correo electrnico a Si continas viendo este mensaje, Ford Motor has 186,000 employees, of which 104 are in a leadership position. 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. All proxy statements are public filings made available to the general public by the SEC. Click here to submit a Letter to the Editor, and we may publish it in print. 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. In a time where worker anxiety is at its peak during the coronavirus pandemic, time will tell how compensation shifts at all three American automakers in 2020. Reid emailedthe Free Press in March. Hackett was, by a wide margin, Fords largest individual earner in 2019. Contact Phoebe Wall Howard at 313-222-6512 or phoward@freepress.com. Can someone explain levels hierarchy at Ford? His compensation also included $400,895 for personal use of aircraft and $1.3 million for security. "Those topics can be competitively sensitive, especially in a period of industry transition.". Global Modern Slavery Statement (view PDF). Responses will be sent to those that include a return address, as appropriate. Jim Farley, who is now chief operating officer, earned $5.9 million in 2019. Ajude-nos a manter o Glassdoor seguro confirmando que voc uma pessoa de Wenn Member, Board of Directors, Ford Motor Company Alexandra Ford English Member, Board of Directors, Ford Motor Company HENRY FORD III Member, board of directors, Ford motor company William W. Helman IV Member, Board of Directors, Ford Motor Company Jon M. Huntsman, JR Vice Chair, Policy, Ford Motor Company WILLIAM E. KENNARD The estimated total pay for a Executive Director at Ford Motor Company is $440,023 per year. Yes, I'd like to receive email communications on editorial features, special offers, research and events and webinars from Automotive News. CEO Jim Farley, who assumedthe helmon Oct. 1, earned $11,802,054 in executive compensation for the whole year. Yes, I'd like to receive email communications on editorial features, special offers, research and events and webinars from Automotive News. Bitte helfen Sie uns, Glassdoor zu schtzen, indem Sie besttigen, dass Sie Please indicate whether you are a shareholder, customer, supplier or other interested party. Thorough reviews have been conducted to assure this data accurately reflects disclosures. 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. Box 6248, Dearborn, MI 48126, U.S.A. The report showed Fordemployees earneda median annual total compensation of $61,778 in 2020, down from$110,706 in 2019 and $64,316 in 2018. Ford Motor Company employees with the job title Senior Systems Engineer make the most with an average annual . John Lawler, who replaced Stone as CFO on Oct. 1, at $5,983,141. We didnt just build great cars and trucks - we.css-epvm6{white-space:nowrap;}.css-epvm6{white-space:nowrap;} More, Learn How to State Your Case and Earn Your Raise, Climb the Ladder With These Proven Promotion Tips, A Guide to Negotiating the Salary You Deserve, How to Prepare for Your Interview and Land the Job. Joseph "Chef Joe" Nader Jr., executive chef and former owner of a well-known chocolatier business and a meal prep business, has died. 1155 Gratiot Avenue 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. ein Mensch und keine Maschine sind. Happy Lunar New Year from all of us at Ford! Salaries at Ford Motor Company range from an average of $68,185 to $132,153 a year. 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. Haig: Buy-Sell Q&A: What is the value of an M&A advisor? The annual virtual shareholders meeting is scheduled for May 12. The estimated total pay for a Executive Director at Ford Motor Company is $440,417 per year. That total consists of a $1.4 million base salary, $5.1 million in stock awards, and around $4.2 million in other awards. 9% of Henry Ford Health System management is Hispanic or Latino. "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. NISSAN: 2022 Pathfinder and 2022 Frontier, APCO HOLDINGS: Strategies for handling new F&I dynamics. 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 . Its just such a special thing to be part of, Chris says. Stone earned $6.2 million, including a salary of just more than $1 million. 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. The automaker's compensation committee said it calculated Lawler's bonus on a different scale than his colleagues because of his "exceptional performance" in 2021. Heres how they performed in the first three months of this year: Zach is the managing editor for TFLcar. $87,464 / yr. 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. Sales Associate salaries - 84 salaries reported. The estimated base pay is $196,149 per year. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Chief Policy Officer and General Counsel. Executive Chairman Bill Ford's total compensation declined 4.2 percent to $16 million. "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. FORD MOTOR CO income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. message, please email Non-Executive Chairman and Co-Founder of Velocitas Partners, Executive Vice President of Product Development & Purchasing. GM CEO Mary Barra received a $23.6 million package in 2020. om ons te informeren over dit probleem. We havent detailed which ones," Ford spokesman T.R. para informarnos de que tienes problemas. 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. 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. 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. 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. At time of writing, Fords production facilities are shut down for manufacturing vehicles. Based on 4 salaries posted anonymously by Ford Motor Company Executive Director employees in Freeport, MI. 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. Choose your news we will deliver. 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. While Hackett did earn a substantial amount, he hasnt been the highest-earning automotive executive among the Big Three. pour nous faire part du problme. Process Coach salaries - 86 salaries reported. Lamentamos Farley's pay included a $1.4 million base salary, $5.1. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. ISSN 0005-1551 (print) His $16.7 million in total compensation broke down as $1.8 million in salary, $7.9. "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.". Get browser notifications for breaking news, live events, and exclusive reporting. 2022 TFLcar.com - Road Chaser, Inc. All rights reserved. The company, which plans a reorganization under Farley that will split it into two divisions focused on electric and internal combustion vehicles, listed two newcomers among its five highest-paid executives in 2021: Michael Amend, chief enterprise technology officer, and Doug Field, chief EV and digital systems officer for Ford Model e. Amend, who joined Ford in September, earned $12.8 million in total compensation, including a $227,275 base salary and an $800,000 bonus. Lawler's compensation included a $715,000 salary and $27,313 for evaluation vehicles. The Ford Motor executive team is 35% female and 65% male. "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. Would you like to work at a company with active employee resource groups and opportunities to learn about and enjoy a variety of cultures? How accurate is this most likely Total Pay range (base + additional) of $330K-$605K/yr? After growing up surrounded by Mustangs, it seemed inevitable that Chris Walter would end up working on them. 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. Coupled with an EBIT margin of 7.3 percent, it was Ford's strongest performance since 2016. $121,049 / yr. Ford College Graduate salaries - 97 salaries reported. 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. 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. Executive Summary. NISSAN: 2022 Pathfinder and 2022 Frontier, APCO HOLDINGS: Strategies for handling new F&I dynamics. Aircraft costs are based onfuel, maintenance, flight crew, insurance and hangar storage expenses. $62,968 / yr. Business Analyst salaries - 93 salaries reported. Sie weiterhin diese Meldung erhalten, informieren Sie uns darber bitte per E-Mail 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. Contact Phoebe Wall Howard: 313-618-1034 or phoward@freepress.com. 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. Henry Ford III, great-great-grandson of the founder, was paid $331,401. Related Searches:All Executive Director Salaries|All Ford Motor Company Salaries. Ford said executives exceeded cash flow, pretax earnings and quality targets, although they achieved none of their revenue goals. 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. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Aircraft costs are based onfuel, maintenance, flight crew, insurance and hangar storage expenses. enva un correo electrnico a Some related job titles areChief Operating Officer salaries with median pay of $354,128,Senior Director salaries with median pay of $326,769,Vice President salaries with median pay of $321,609,CEO salaries with median pay of $377,206. The automaker is also trying to. 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. The national average salary for a Ford Motor employee in the United States is $66,872 per year. Bill Ford at $18,662,706, up from $16,046,542 in 2020. CEO Jim Hackett was Ford's top earner, taking home $17.4 million in 2019, according to recent SEC disclosures. The data presented on this page does not represent the view of Ford Motor and its employees or that of Zippia. His base salary of $1.7 million was unchanged, but his stock awards more than doubled to $13.8 million. GMs Mary Barra earned $21.87 million in 2018. He earned a $1.7. 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. Detroit, Michigan Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Ford posted adjusted EBIT for 2021 of $10 billion, roughly four times its 2020 earnings. ISSN 0005-1551 (print) 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. Average Salaries at Ford Motor Company Popular Roles Automotive Technician $22.33 per hour Finance Manager $143,887 per year Engineering Supervisor $143,950 per year Installation & Maintenance Technician $18.87 per hour Mechanic $20.12 per hour Maintenance Supervisor $41.64 per hour Software Development Software Engineer $92,535 per year Based on our data team's research, James D. Farley Jr is the Ford Motor's CEO. 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. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. The CEO of Ford Motor is James D. Farley Jr. Henry Ford III and William E. Kennard founded Ford Motor. For its 2021 fiscal year, FORD MOTOR CO, listed the following board members on its annual proxy statement to the SEC. Your input helps Glassdoor refine our pay estimates over time. Manley earned 232 times the average FCA employee, whose total compensation was $62,259, as reported by the Detroit Free Press. Sign up and get the best of Automotive News delivered straight to your email inbox, free of charge. 62% of the management team is White. The Detroit News. Alexandra Ford English, the great-great-granddaughter of founder Henry Ford, was paid $571,701. In addition to the executive salaries, Ford Executive Chairman Bill Ford Jr., great-grandson of company founder Henry Ford, will defer 100% of his cash salary. More: Alexandra Ford English, Henry Ford III win election to Ford Motor board, More: Ford CEO Jim Farley gave us big clue automaker's stock was going to surge. Bill Ford at $16,046,542, down from$16.8 millionin 2019. Ford also disclosed data for itsother highest-paid current executives in overall compensation in 2020: Bill Ford's benefits included$187,442 for personal use of aircraft and $921,030 for personal security. Heres what you need to know. Thelower amountin this years filingreflects whatLawler actually received. 2020 CBS Broadcasting Inc. All Rights Reserved. Both were scheduled to be released this year. . You can unsubscribe at any time through links in these emails. Actual salary will be determined based on skills, experience (to the extent relevant) and other job-related factors, consistent with applicable law. Disculpa This report is not for commercial use. Hau Thai-Tang, who was promoted from chief product development and purchasing officer tochief product platformand operations officer, at$11,780,405. 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. 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. Lawler's total compensation in 2021 jumped about 60 percent to $9.4 million. 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Indeed.com estimated this salary based on data from 1 employees, users and past and present job ads. 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. View Comments. If you continue to see this . Please help us protect Glassdoor by verifying that you're a The most common ethnicity among Ford Motor executive officers is White. 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