Based on ownership reports from SEC filings, as the reporting owner, Robert B Ford owns 1 companies in total, including The most active insiders traders include Miles D White, Richard A Gonzalez, and Jeffrey M Leiden. , 2004-2023 GuruFocus.com, LLC. Robert Sengstacke Abbott (December 24, 1870 - February 29, 1940) was an American lawyer, newspaper publisher and editor. In summary, during the past 3 months, insiders sold 15,460 shares of Abbott Laboratories (ABT) in total and bought 0 shares, with a net The estimated net worth of Robert B. Ford is at least $14.45 million as of August 25th, 2022. Billions could be poured into exploration companies searching for new U.S. deposits. Click below to see everything we have to offer. Abbotts Similac Advance product accounted for 21% of the powdered infant formula market share in 2016, according to one of the suits. 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 . But America hasn't produced any graphite since the 1950s. 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. 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. This information is according to proxy statements filed for the 2021 fiscal year. Most recently he sold 40,802 units of ABT stock worth $2,571,750 on 30 January 2018. . 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. . Enjoy a 7-Day Free Trial Thru Mar 08, 2023! Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. Chairman of the Board and Chief Executive Officer. In addition, he makes $11,897,900 as President, Chief Executive Officer, and Director at Abbott Laboratories. 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. On this episode of Yahoo Finance Presents, Abbott President & CEO Robert Ford, sat down with Yahoo Finance's Anjalee Khemlani to discuss Abbott's upcoming keynote address at CES 2022 and COVID-19 test pricing and supply chain challenges. Abbott is a global healthcare leader that helps people live more fully at all stages of life. Learn More on Robert B. Ford's trading history. They sold a total of 345,468 shares worth more than $36,920,834.37. On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. As of 25 August 2022 he still owns at least 244,496 units of Abbott Laboratories stock. 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. You can help Wikipedia by expanding it. The website that you have requested also may not be optimized for your screen size. 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. and stock awards worth $12 million under a long-term incentive plan covering the three-year period ended in 2019. Learn More on Robert B. Ford's contact information. What is the salary of Mr Ford? See Why Investors Are So Excited About This. Last updated: 22 February 2023 at 6:54pm EST. 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). 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 However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Learn More on Robert B. Ford's contact information. 1 transactions in Abbott Laboratories (ABT) over the past 5 years, including 0 buys and 1 sells. Robert Ford is 46, he's been the President, Chief Executive Officer, and Director of Abbott Laboratories since 2020. 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. Abbott derives approximately 60% of sales outside the United States. As Chairman of the Board and Chief Executive Officer at ABBOTT LABORATORIES, Robert B. Ford made $22,159,543 in total compensation. Billions could be poured into exploration companies searching for new U.S. deposits. RANK89. This chart shows Mr. Robert B. Ford's buying and selling at Abbott Laboratories by year and by quarter. The estimated Net Worth of Robert B Ford is at least $39.1 Million dollars as of 25 August 2022. Robert B. Ford Net Worth Mr. Robert B. Ford biography. The FDA says two deaths have so far been linked to contaminated Abbott formula. . The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. He joined Abbott's Diagnostics division in 1996 as a Business Unit Manager in Diabetes Care. 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. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. 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. . Enter your email address below to get our daily insider buying and selling report. They sold a total of 345,468 shares worth more than $36,920,834.37. Move Over Lithium 220 Pounds of Graphite In Every EV Battery. Chairman and Chief Executive Officer Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. . Ford, who became CEO in 2020, received compensation totaling $24.9 million in 2021, most of it coming from stock options and awards, according to a recent Abbott filing with the U.S. Securities & Exchange Commission. Abbott Laboratories engages in the discovery, development, manufacture, and sale of a broad and diversified line of health care products. The Nutritional Products segment caters to the worldwide sales of adult and pediatric nutritional products. Get notified the next time Robert B. Ford buys or sells Abbott Laboratories stock. . Robert B Ford currently owns a total of 1 The Diagnostic Products segment markets diagnostic systems and tests for blood banks, hospitals, commercial laboratories, and alternate-care testing sites. The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. As of 25 August 2022 he still owns at least 244,496 units of Abbott Laboratories stock. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Robert B. Ford Net Worth Mr. Robert B. Ford biography. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. Get the best business coverage in Chicago, from breaking news to razor-sharp analysis, in print and online. The company was founded by Wallace Calvin Abbott in 1900 and is headquartered in Abbott Park, IL. Click here to see the complete history of Robert B Fords form 4 insider trades. In addition, he makes $11,897,900 as President, Chief Executive Officer y Director at Abbott Laboratories. Abbott named current COO Robert Ford its new CEO Wednesday, ushering in the first new chief executive in 21 years. Information on this page was last updated on 2/22/2023. 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. 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 select different timeframes to see how Robert B Ford's insider trading performs compared to the benchmark. . This article about a United States businessperson is a stub. This net worth estimate does not reflect any other investments that Mr. Ford may own. The decline was due to lower stock options and stock awards, cash bonuses and pension earnings, but Whites base salary remained consistent over all three years at $1.9 million. of 150,000 shares made by Daniel J Starks He subsequently held various positions of increasing responsibility for Abbott's Diagnostics, Nutrition and Diabetes Care businesses. No use of any Abbott trademark, trade name, or trade dress in this site may be made without the prior written authorization of Abbott, except to identify the product or services of the company. a net For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. Campion Murphy. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. 130 E. Randolph St. There are 1 executives at Abbott Laboratories getting paid more, with MilesWhite having the highest compensation of $27,802,800. 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. #HealthyReturns" 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. Stock quotes provided by InterActive Data. Robert B. Ford is an American businessman and the thirteenth chief executive officer at Abbott Laboratories, a publicly-traded medical devices and health care company based in Abbott Park, Illinois. World leaders must find new sources of minerals, such as copper, essential to their transition to energy independence. Is Abbott a Fortune 500 company? Learn More on Robert B. Ford's salary. 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. "Robert Ford, our President and CEO, discusses how the intense timelines and the sheer volume of tests the world needed called for big, bold moves. Coronavirus Tips Working and Protection. Share. As the Chairman and Pres & CEO of Abbott Laboratories, the total compensation of Mr Ford at Abbott Laboratories is 5,051,334. His father's net worth is $70 Million. Abbott is a global healthcare leader that helps people live more fully at all stages of life. The corporate mailing address for Mr. Ford and other Abbott Laboratories executives is 100 ABBOTT PARK ROAD D-322 AP6D, ABBOTT PARK IL, 60064. It's unclear exactly how much the situation could affect Abbotts bottom line. no insider transaction in Abbott Laboratories (ABT). E-mail oureditor The shares were sold at an average price of $105.10, for a transaction totalling $10,764,867.50. [3][4] He was named President and COO in October 2018. Learn More on Abbott Laboratories' active insiders. Truth is, switching from gas-powered isn't possible without massive amounts of graphite. Our 109,000 colleagues serve people in more than 160 countries. GuruFocus.com is not operated by a broker or a dealer. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. 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. Details can be seen in Robert B Ford's Latest Holdings Summary section. Chicago, Illinois Robert Ford's listing in the Class of 2015 student directory identified him as vice president, Abbott Diabetes Care. [1] He received a bachelor's degree from Boston College and an MBA in business administration from at Berkeley's Haas School of Business. Abbott Laboratories (ABT) Abbott is a global healthcare leader that helps people live more fully at all stages of life. sale Calamari The Medical Devices segment includes electrophysiology, heart failure, vascular and structural heart devices for the treatment of cardiovascular diseases, and diabetes care products for people with diabetes, as well as neuromodulation devices for the management of chronic pain and movement disorders. Abbott founded The Chicago Defender in 1905, which grew to have the highest circulation of any black-owned newspaper in the country. Transaction Summary of Robert B Ford Learn More about insider trades at Abbott Laboratories. 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. On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. [5], On March 31, 2020, Ford became the chief executive officer of Abbott Laboratories, elected unanimously by the company's board. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Oct 05, 2021, 11:00 ET. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. . Details can be seen in Robert B Ford's Latest Holdings Summary section. Click here to get the full experience on your screen. 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