ford executives salaries

General Motors has notreleased its executive compensationfor 2021. With the people of Ford around the world, our leadership is committed to serving all of our stakeholder groups. 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. $62,968 / yr. Business Analyst salaries - 93 salaries reported. Aircraft costs are based onfuel, maintenance, flight crew, insurance and hangar storage expenses. 2020 CBS Broadcasting Inc. All Rights Reserved. Henry Ford III, great-great-grandson of the founder, was paid $331,401. Executive Summary. CEO Jim Farley, who assumedthe helmon Oct. 1, earned $11,802,054 in executive compensation for the whole year. Si continas viendo este mensaje, 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. 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. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. Responses will be sent to those that include a return address, as appropriate. 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? What do you think? #WeAreFord Heres what you need to know. For its 2021 fiscal year, FORD MOTOR CO, listed the following board members on its annual proxy statement to the SEC. GM CEO Mary Barra received a $23.6 million package in 2020. CFO Bob Shanks, who was replaced by. Please help us protect Glassdoor by verifying that you're a Get a free, personalized salary estimate based on today's job market. Stone earned $6.2 million, including a salary of just more than $1 million. ; 61% of the management team is White. Onze Bill Ford at $18,662,706, up from $16,046,542 in 2020. Tons of great salary information on Indeed.com 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. 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. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Vice President, EV Industrialization, Ford Model e. James D. Farley, Jr. President and Chief Executive Officer. ISSN 0005-1551 (print) Fiat Chrysler Automobiles CEO Mike Manley received $14.4 million in 2019, including a $1.3 million bonus and a long-term incentive totaling $9.6 million. 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. Alexandra Ford English, the great-great-granddaughter of founder Henry Ford, was paid $571,701. 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. Lawler wasCEO of Ford Autonomous Vehicles and vice president of mobility partnerships. Ford itemized more than $74.5million in executive compensation for its top fiveexecutives in 2021: Farley, chief financial officer John Lawler, board chair Bill Ford,chief enterprise technology officer Michael Amend and Chief EV and Digital Systems Officer for Ford Model e, Doug Field, filings show. The automaker is also trying to figure out when to release its highly anticipated Ford Bronco and F-150. Read more on Ford and sign up for our autos newsletter. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Choose your news we will deliver. The executives achieved none of their revenue, cash flow or pretax earnings targets because of the pandemic disrupting production and sales, but they exceeded the company's quality targets. Caso continue recebendo esta mensagem, Salary Details for an Executive at Ford Motor Company Updated Jan 12, 2022 United States United States Any Experience Any Experience 0-1 Years 1-3 Years 4-6 Years 7-9 Years 10-14 Years 15+ Years Search Total Pay Estimate & Range Confident Total Pay $264,216 / yr Base Pay $137,518 / yr All Additional Pay $126,698 / yr $264,216 / yr Total Pay $200K March 18, 2022 11:26 AM Michael Martinez Ford CEO Jim Farley DETROIT Ford Motor Co. CEO Jim. FORD MOTOR CO annual reports of executive compensation and pay are most commonly found in the Def 14a documents. 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. Detroit, Michigan Bill Ford at $16,046,542, down from$16.8 millionin 2019. Have an opinion about this story? "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. 2020 CBS Broadcasting Inc. All Rights Reserved. Hau Thai-Tang, chief product platform and operations officer, made $11.8 million, including a $1.2 million salary. Beyond that, the company mulled partially deferring executive salaries temporarily cutting them between 20 and 50 percent over the next five months and possibly resorting to layoffs, according to a CNBC report. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. "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. Detroit, Michigan 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. 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. Ford CEO Jim Farley received total compensation of $22,813,174in 2021for running the company, according to documents the Dearborn automakerreleased Friday. Lamentamos pelo inconveniente. The national average salary for a Ford Motor employee in the United States is $66,872 per year. His compensation also included $830,305 for personal use of aircraft. 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? Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. Its just such a special thing to be part of, Chris says. The estimated total pay for a Executive Director at Ford Motor Company is $440,417 per year. Farley, Lawler and Ford each received a "pandemic response award," valued at $685,319, $181,229 and $405,000, respectively. Both were scheduled to be released this year. Read more on Ford and sign up for our autos newsletter. Disculpa 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. More: Ford's Jim Hackett kept $16.7M pay package in 2020 despite stepping down. Tommy covers which is better for your buck! Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. Heres the next step in their evolution. Farley's pay included a $1.7 million base salary, up 19 percent over 2020. Based on our data team's research, James D. Farley Jr is the Ford Motor's CEO. 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. Salaries at Ford Motor Company range from an average of $68,185 to $132,153 a year. Ford Motor has 186,000 employees, of which 104 are in a leadership position. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Zippia gives an in-depth look into the details of Ford Motor, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Ford Motor. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. Big stock awards and performance gave Ford CEO Jim Farley a major boost in his 2021 payout. Haig: Buy-Sell Q&A: What is the value of an M&A advisor? April 27, 2020 / 10:59 PM In 2021, Ford compensated its 15-member board of directorsin cash, stock and other benefits for a total value of $9,147,002. White is the most common ethnicity company-wide. 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 changes would apply to Galhotra, CEO Jim Farley, Executive Chair Bill Ford Jr. and other senior leaders. 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. Farley's pay included a $1.4 million base salary, $5.1. real person. 2,231 employees received more than $100,000 in compensation with the 17 most highly compensated employees listed below: $4,746,145: Nancy M Schlicting, CEO, Trustee 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). First published on April 27, 2020 / 10:59 PM. That's down slightlyfrom nearly $17.4 million in 2019. "His CEO compensation is 90% performance based and is in line with his industry peers.". Alpha One Ford Executive Assistant in the United States makes about $51,689 per year. Happy Lunar New Year from all of us at Ford! The surveyed salaries which covered 54 people, because several earned identical salaries - added up to about $10.7 million in the 2019-20 budget year. $77,253 / yr. Haig Partners: How are dealerships being valued today? Nous sommes dsols pour la gne occasionne. Nader, of Plymouth, died on Thursday, March 2, at . Thorough reviews have been conducted to assure this data accurately reflects disclosures. For more information, see ourPrivacy Policy. Ci "Mr. Thai-Tang sets a high standard of leadership behavior and was invaluable in supporting the CEO transition and internal reorganizations under his team," the company said. His base salary of $1.7 million was unchanged, but his stock awards more than doubled to $13.8 million. Ford's biggest individual earner last year was Farley, whosetotal compensation broke down as $1.7million in salary,$16millionin stock awards, nearly $3.7 millionin incentive plan compensation,and about $1.4 millionin other payments. Yes, I'd like to receive email communications on editorial features, special offers, research and events and webinars from Automotive News. Contact Phoebe Wall Howard at 313-222-6512 or [email protected]. Actual salary will be determined based on skills, experience (to the extent relevant) and other job-related factors, consistent with applicable law. 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. Aircraft costs are based onfuel, maintenance, flight crew, insurance and hangar storage expenses. Executive chairman Bill Ford received $16.8 million, while Joe Hinrichs (president, Automotive) was paid $11 million. Do you want to design products people fall in love with? Heres the next step in their evolution, Champ: The history of titling and the cost of human error. Here are further demographic highlights of the leadership team: The Henry Ford Health System executive team is 44% female and 56% male. 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. . verdade. "Jim (Hackett) has been advising (Executive Chairman)Bill Ford and the management team on strategic issues. Allstate: Compliance standards are changing. William Ford: Executive: Republican Party: $14,200: Henry Ford: Sales/Marketing: Democratic Party: $14,000 . Please select at least one newsletter to subscribe. In this capacity, he directed all global engineering for car, truck, SUV and crossover vehicles for the Ford and Lincoln brands in support of the One Ford plan.Thai-Tang also was executive director of Global Product Programs, and director of Advanced Product Creation and Special Vehicle Team (SVT). Global Modern Slavery Statement (view PDF). Executive Chairman Bill Ford: $16.76 million, up from $13.83 million in 2018. The CEO of Ford Motor is James D. Farley Jr. Henry Ford III and William E. Kennard founded Ford Motor. West Senior Sales Executive in California makes about $66,604 per year. Executive Chair Bill Ford's total compensation rose about 16 percent to $18.6 million. para informarnos de que tienes problemas. $121,049 / yr. Ford College Graduate salaries - 97 salaries reported. Lawler's total compensation in 2021 jumped about 60 percent to $9.4 million. ein Mensch und keine Maschine sind. Ford Motor may also be known as or be related to Ford Motor, FORD MOTOR CO, Ford Credit and Ford Motor Company. 11% of employees are Black or African American. A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. All proxy statements are public filings made available to the general public by the SEC. 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. enva un correo electrnico a Field, who also joined the company in September, made $10.8 million in total compensation in 2021, including a $159,092 base salary and $500,000 bonus. not enough compared to other companies., Ford put the world on wheels over a century ago, but weve always thought like a start-up. 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. "Those topics can be competitively sensitive, especially in a period of industry transition.". 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. The automaker is also trying to. The data presented on this page does not represent the view of Ford Motor and its employees or that of Zippia. More: Bill Ford's controversial viewpoint has changed Detroit automaker. "Throughout 2020, he provided steady leadership while overseeing new product launches and the launch of the company's 'Built for America' and 'Built to Lend a Hand' campaigns using virtual platforms," the company said of awarding Galhotra an incremental bonus. 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. Heres what you need to know. Meet members of the Ford Chinese Association and find out their favorite Lunar New Year traditions. The Detroit News. John Lawler, who replaced Stone as CFO on Oct. 1, at $5,983,141. Please select at least one newsletter to subscribe. NISSAN: 2022 Pathfinder and 2022 Frontier, APCO HOLDINGS: Strategies for handling new F&I dynamics. ISSN 0005-1551 (print) om ons te informeren over dit probleem. And also salary ranges/ benefits for those levels?Current TC: 95k 9% of Henry Ford Health System management is Hispanic or Latino. 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. Both Hau Thai-Tang, now chief industrial platform officer, andKumar Galhotra, now president of Ford Blue,fell off the list of top paid executives. View Comments. Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. Concentrix: How can customer data drive a better automotive CX? naar In that report, the company showed how much Ford employees made last year as well as top-earners, like CEO Jim Hackett. Hackett's 2020 compensation totaled $16.7 million, down 3.6 percent from 2019. Fords stock prices have also tumbled to just over $4 a share (down over half in March alone), and the company had its credit rating downgraded to junk status on lower demand caused by the coronavirus pandemic, and an outlook that Ford could struggle to maintain a competitive position as it burns through its cash reserves and lines of credit. Manley earned 232 times the average FCA employee, whose total compensation was $62,259, as reported by the Detroit Free Press. GM has not yet reported her total compensation for 2019. You can unsubscribe at any time through links in these emails. Haig: Buy-Sell Q&A: What is the value of an M&A advisor? scusiamo se questo pu causarti degli inconvenienti. ISSN 2576-1064 (print) Thelower amountin this years filingreflects whatLawler actually received. In addition to Farley, Ford also disclosed its top executive pay in 2021: Payments to Amend and Field reflect signing bonuses, with $800,000 for Amend and $500,000 for Field, the federal filing said Friday. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Contact Phoebe Wall Howard: 313-618-1034 or [email protected]. 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Meanwhile, Farley is being rewarded on strength of performance in his first full year as CEO, said Ford spokesperson Catherine Hargett. The company's 2021 earnings included a $7.4 billion profit in North America. That total consists of a $1.4 million base salary, $5.1 million in stock awards, and around $4.2 million in other awards. Sign up and get the best of Automotive News delivered straight to your email inbox, free of charge. The Final Dodge Last Call Model Is Almost Here and Its Nissan Recall: More Than 800,000 Rogue, Rogue Sport Models May Have Ford Announces 2024 Mustang Pricing, With the Dark Horse Landing Just You Normally Wouldnt Call a Honda CR-V Badass, But This 800-Horsepower Refreshed 2024 Hyundai Kona Unveiled: Heres a Preview of Whats Coming. Sales Associate salaries - 84 salaries reported. 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. Please enable Cookies and reload the page. Executive Chairman Bill Ford's total compensation declined 4.2 percent to $16 million. Yes, I'd like to receive email communications on editorial features, special offers, research and events and webinars from Automotive News. If any of the three resort to large-scale layoffs FCA did release 2,000 contract workers in March, and all three have furloughed some employees top executives pay will likely come under intense scrutiny in early 2021.

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