The data presented on this page does not represent the view of Ford Motor and its employees or that of Zippia. He has held a lifelong passion for cars, with a particular interest in hot hatchbacks and off-road rigs. If you would like to contact Fords Board of Directors please use the following address: Ford Motor Company, Customer Relationship Center, P.O. Meet members of the Ford Chinese Association and find out their favorite Lunar New Year traditions. Ford posted adjusted EBIT for 2021 of $10 billion, roughly four times its 2020 earnings. 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. "Jim (Hackett) has been advising (Executive Chairman)Bill Ford and the management team on strategic issues. After growing up surrounded by Mustangs, it seemed inevitable that Chris Walter would end up working on them. Ford CEO Jim Farley received total compensation of $22,813,174in 2021for running the company, according to documents the Dearborn automakerreleased Friday. CFO Bob Shanks, who was replaced by. Heres how they performed in the first three months of this year: Zach is the managing editor for TFLcar. If you continue to see this 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. 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. Caso continue recebendo esta mensagem, This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Actual salary will be determined based on skills, experience (to the extent relevant) and other job-related factors, consistent with applicable law. Product Manager salaries - 112 salaries reported. Additional pay could include bonus, stock, commission, profit sharing or tips. Disculpa "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. 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. Base salary considers skills, experience and competitive market value. Lawler wasCEO of Ford Autonomous Vehicles and vice president of mobility partnerships. 9% of Henry Ford Health System management is Hispanic or Latino. 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. Michael Amend, ina new role as of March 2021,was at $12,781,136. Jim Farley, who is now chief operating officer, earned $5.9 million in 2019. The starting base salary for this Brea, CAposition is expected to be between $200,000.00 to $250,000.00 annually. Former CFO Bob Shanks also received $8.3 million in 2019. His compensation included $187,442 for personal use of aircraft and $921,030 for security. ", 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'. 62% of the management team is White. enva un correo electrnico a Auto theft has been on the rise over the past decade, and these states have been hit particularly hard. Farley's benefits included$830,305 for personal use of aircraft while Bill Ford's benefits included$400,895 for personal use of aircraft and $1,340,817 for security, according to the filing Friday. FORD MOTOR CO annual reports of executive compensation and pay are most commonly found in the Def 14a documents. NISSAN: 2022 Pathfinder and 2022 Frontier, APCO HOLDINGS: Strategies for handling new F&I dynamics. 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. This material may not be published, broadcast, rewritten, or redistributed. 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 $121,049 / yr. Ford College Graduate salaries - 97 salaries reported. 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. The annual virtual shareholders meeting is scheduled for May 12. Hau Thai-Tang, who was promoted from chief product development and purchasing officer tochief product platformand operations officer, at$11,780,405. 11% of employees are Black or African American. Happy Lunar New Year from all of us at Ford! 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His responsibilities expanded last year. not enough compared to other companies., Ford put the world on wheels over a century ago, but weve always thought like a start-up. Ford's biggest individual earner last year was Hackett, who served as CEO from May 2017 to last October. 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. 11% of the management team is Hispanic or Latino. Managing Director, Product Development, Ford-Werke GmbH, and Executive Director, Engineering, Ford of Europe Dave Bozeman Vice President, Ford Customer Service Division, Enthusiast Vehicles, Ford Blue Yes, I'd like to receive email communications on editorial features, special offers, research and events and webinars from Automotive News. Aircraft costs are based onfuel, maintenance, flight crew, insurance and hangar storage expenses. 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. John Lawler, who replaced Stone as CFO on Oct. 1, at $5,983,141. Se continui a visualizzare Concentrix: How can customer data drive a better automotive CX? Allstate: Compliance standards are changing. General Motors CEO Mary Barraearned$21.6million in total compensation in 2019. Farley's pay included a $1.7 million base salary, up 19 percent over 2020. scusiamo se questo pu causarti degli inconvenienti. It's the Year of the Rabbit! Of interest to many nonprofit readers are the salaries paid to foundation executives and to the top people in nonprofit service providers. View Comments. 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. 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). The estimated total pay for a Executive Director at Ford Motor Company is $440,417 per year. More: Bill Ford's controversial viewpoint has changed Detroit automaker. 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. "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. Please help us protect Glassdoor by verifying that you're a The company's 2021 earnings included a $7.4 billion profit in North America. Among Southeastern Michigan foundations, topping the salary list is Rip Rapson of the Kresge Foundation at $695,468. We are sorry for the inconvenience. Ford's biggest individual earner last year was Hackett, who served as CEO from May 2017 tolastOctober. Global Modern Slavery Statement (view PDF). The most common ethnicity among Ford Motor executive officers is White. Ci Wir entschuldigen uns fr die Umstnde. 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. Box 6248, Dearborn, MI 48126, U.S.A. Executive Chair Bill Ford's total compensation rose about 16 percent to $18.6 million. His compensation also included $400,895 for personal use of aircraft and $1.3 million for security. 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 . ISSN 2576-1072 (online), Stellantis CEO Tavares' 2022 pay fell 14%, Sponsored Content: Drive higher results for your marketing campaigns, Sponsored Content: Upgrade Your Dealership Sales Process to Win Todays Buyers. For more information, see ourPrivacy Policy. Wenn DirectorJon Huntsman was paid the most at$3.9 million. The information shown here is a reporting of information included in the company's proxy statement. Car Wars: Is a Rise in Service Leading to Poor Customer Satisfaction? 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? ISSN 2576-1064 (print) para informarnos de que tienes problemas. 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. Contact Phoebe Wall Howard: 313-618-1034 or phoward@freepress.com. While Hackett did earn a substantial amount, he hasnt been the highest-earning automotive executive among the Big Three. "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.". Aydanos a proteger Glassdoor y demustranos que eres una persona real. 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. Ford Motor has 186,000 employees, of which 104 are in a leadership position. Can someone explain levels hierarchy at Ford? 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. Based in Brazil, he oversaw the development of new products for value markets and led the emergence of FSAO as a global product development center. Hau Thai-Tang, chief product platform and operations officer, made $11.8 million, including a $1.2 million salary. Salary ranges represent what Ford pays for a job within a salary grade or leadership level based 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. With the people of Ford around the world, our leadership is committed to serving all of our stakeholder groups. Cox: Automation and the future of automotive retail, Cox: Transformation toward eCommerce in automotive retailing, Cox: Transforming F&I for Automotive eCommerce, Deloitte: ACCELERATING DIVERSITY, EQUITY AND INCLUSION, Easycare: Reinventing the service contract for EVs, Easycare: The importance of benchmarking your reinsurance performance, Effectv: Why Customer Lifetime Value Should Be the Auto Advertising Buzz Word for 2023, Experian, GroundfTruth and Spectrum Reach: Dealership marketing: Navigating automotive advertising in a post-pandemic world, Experian: Evolving identity beyond the who to enable the how, Experian: Three steps to adapting to constant change in automotive marketing, Haig Partners: Buy-Sell Q&A: Where the Automotive M&A Market is heading, Haig: Buy-Sell Q&A | Advisors add value to sales process, Haig: Buy-Sell Q&A | Navigating partial dealership sales, Haig: Buy-Sell Q&A: Future-proofing your dealership. 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. 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. Solera | DealerSocket: Four real-time integrations that can save your dealership time, Solera | DealerSocket: Time for a new pre-owned pricing tactic, Kerrigan Advisors: Blue Sky Update Q4 2021, Qualcomm: Trading multi-year design cycles for on-demand features and experiences, Twitter: EV adoption is happeningin an unexpected place. "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. And also salary ranges/ benefits for those levels?Current TC: 95k para nos informar sobre o problema. You can unsubscribe at any time through links in these emails. The new totals reflect the addition of Alexandra Ford English and Henry Ford III. March 18, 2022 11:26 AM Michael Martinez Ford CEO Jim Farley DETROIT Ford Motor Co. CEO Jim. Get a free, personalized salary estimate based on today's job market. 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. Bill Ford at $16,046,542, down from$16.8 millionin 2019. 2020 CBS Broadcasting Inc. All Rights Reserved. Farley held multiple leadershiproles in 2020, including president of new business, technology and strategy as well aschief operating officer. Executive Chairman Bill Ford: $16.76 million, up from $13.83 million in 2018. to let us know you're having trouble. 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'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. Here are further demographic highlights of the leadership team: The Ford Motor executive team is 35% female and 65% male. Als u dit bericht blijft zien, stuur dan een e-mail Tons of great salary information on Indeed.com Ford disclosed the salary and pay ratio data for its executives in an annual compensation report to the U.S. Securities and Exchange Commission. Aydanos a proteger Glassdoor verificando que eres una persona real. 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? Process Coach salaries - 86 salaries reported. Alexandra Ford English, the great-great-granddaughter of founder Henry Ford, was paid $571,701. The ratio of the CEO's total compensation to the medianof all employees' total compensation is 356 to 1. 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. Help ons Glassdoor te beschermen door te verifiren of u een persoon bent. 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 . Detroit, Michigan Lisa Drake. Lawler's compensation included a $715,000 salary and $27,313 for evaluation vehicles. 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. 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 Meanwhile, Farley is being rewarded on strength of performance in his first full year as CEO, said Ford spokesperson Catherine Hargett. Farley's included$318,864 for personal use of aircraft. The estimated additional pay is $244,268 per year. 12% of the management team is Black or African American. Other highly-paid executives include chief financial officer Tim Stone, who earned $8.3 million in his first year at Ford. That's down slightlyfrom nearly $17.4 million in 2019. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. Ford Motor Co. requires its CEO and executive chair to use private aircraft in an attempt to maximize their work time and provide additional safety, according to the federal filing. 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. White is the most common ethnicity company-wide. Farley received $685,330. Stone, who was hired April 15 and assumed his CFO role June 1: $8.32 million. Employees in the top 10 percent can make over $120,000 per year, while employees at the bottom 10 percent earn less than $37,000 per year. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. (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. 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. Solera | DealerSocket: Four real-time integrations that can save your dealership time, Solera | DealerSocket: Time for a new pre-owned pricing tactic, Kerrigan Advisors: Blue Sky Update Q4 2021, Qualcomm: Trading multi-year design cycles for on-demand features and experiences, Twitter: EV adoption is happeningin an unexpected place. ISSN 0005-1551 (print) He earned a $1.7. 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. 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. real person. CEO, Ford Pro. The estimated base pay is $196,580 per year. 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). None of the information on this page has been provided or approved by Ford Motor. om ons te informeren over dit probleem. naar Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. Nader, of Plymouth, died on Thursday, March 2, at .
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