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. The estimated additional pay is $243,443 . His compensation also included $830,305 for personal use of aircraft. Si vous continuez voir ce View Top Engineering Executive Salary in Kyles Ford, TN, and get a free salary report with salary range, bonus, and benefits information. Have an opinion about this story? Ford disclosed the salary and pay ratio data for its executives in an annual compensation report to the U.S. Securities and Exchange Commission. ISSN 2576-1064 (print) Executive Summary. Lawler's compensation included a $715,000 salary and $27,313 for evaluation vehicles. 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. Lamentamos pelo inconveniente. Ford Motor Company employees with the job title Senior Systems Engineer make the most with an average annual . 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. At time of writing, Fords production facilities are shut down for manufacturing vehicles. Ford listed Hackett's retirement from the company as March 31, 2021, in its U.S. Securities and Exchange Commission filings. "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.". 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. For more information, see ourPrivacy Policy. His base salary of $1.7 million was unchanged, but his stock awards more than doubled to $13.8 million. His compensation included $187,442 for personal use of aircraft and $921,030 for security. CFO Bob Shanks, who was replaced by. Alpha One Ford Executive Assistant in the United States makes about $51,689 per year. 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. Reid emailedthe Free Press in March. excuses voor het ongemak. 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. "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. The information shown here is a reporting of information included in the company's proxy statement. And also salary ranges/ benefits for those levels?Current TC: 95k Read more on Ford and sign up for our autos newsletter. Haig: Buy-Sell Q&A: What is the value of an M&A advisor? 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. not enough compared to other companies., Ford put the world on wheels over a century ago, but weve always thought like a start-up. 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. Follow her on Twitter @phoebesaid. Non-Executive Chairman and Co-Founder of Velocitas Partners, Executive Vice President of Product Development & Purchasing. We are sorry for the inconvenience. Auto theft has been on the rise over the past decade, and these states have been hit particularly hard. Have an opinion about this story? His compensation also included $400,895 for personal use of aircraft and $1.3 million for security. . See more newsletter options at autonews.com/newsletters. Please help us protect Glassdoor by verifying that you're a 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. Farley's pay included a $1.7 million base salary, up 19 percent over 2020. 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). President, Lincoln. Do you want to design products people fall in love with? Hau Thai-Tang is executive vice president of Product Development and Purchasing, Ford Motor Company, effective June 1, 2017. 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. 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. Ford Motor has 186,000 employees, of which 104 are in a leadership position. Heres the next step in their evolution, Champ: The history of titling and the cost of human error. April 27, 2020 / 10:59 PM Farley's pay included a $1.4 million base salary, $5.1. Average salary for Ford Motor Company Executive Director in Freeport, MI: [salary]. Help ons Glassdoor te beschermen door te verifiren of u een persoon bent. In a year ravaged by the COVID-19 pandemic . 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. envie um e-mail para ISSN 1557-7686 (online), Fixed Ops Journal Kumar Galhotra, president of the Americas and International Markets Group, earned $8,534,094. Process Coach salaries - 86 salaries reported. to let us know you're having trouble. Indeed.com estimated this salary based on data from 1 employees, users and past and present job ads. 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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 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. 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 NISSAN: 2022 Pathfinder and 2022 Frontier, APCO HOLDINGS: Strategies for handling new F&I dynamics. General Motors has notreleased its executive compensationfor 2021. Get browser notifications for breaking news, live events, and exclusive reporting. "His CEO compensation is 90% performance based and is in line with his industry peers.". The automaker is also trying to. Stone earned $6.2 million, including a salary of just more than $1 million. 12% of the management team is Black or African American. 2023 CBS Broadcasting Inc. All Rights Reserved. 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. What do you think? While all Big Three automakers suffered on the sales front through March 2020, one strong area was in trucks. Hackett was, by a wide margin, Fords largest individual earner in 2019. The estimated total pay for a Executive Director at Ford Motor Company is $440,023 per year. View Comments. 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. Hau Thai-Tang, who was promoted from chief product development and purchasing officer tochief product platformand operations officer, at$11,780,405. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. 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Like generations of leaders before them, they understand that by helping to create a world with fewer obstacles and limits, we help people to move forward and upward. The data presented on this page does not represent the view of Ford Motor and its employees or that of Zippia. ISSN 1557-7686 (online), Fixed Ops Journal Here are further demographic highlights of the leadership team: The Henry Ford Health System executive team is 44% female and 56% male. 1155 Gratiot Avenue The estimated base pay is $196,580 per year. NISSAN: 2022 Pathfinder and 2022 Frontier, APCO HOLDINGS: Strategies for handling new F&I dynamics. Hackett stepped down as CEO on Oct. 1 but remained with the company as an adviser. (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. Its just such a special thing to be part of, Chris says. ; 10% of the management team is Black or African American. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. 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 Mustang exterior design manager took a circuitous career route to his current position, but he feels like hes right where he belongs now. Please select at least one newsletter to subscribe. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. 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. Detroit, Michigan Meanwhile, the company will double bonuses for lower-level employees, from 54% of their . 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. Heres the next step in their evolution, Champ: The history of titling and the cost of human error. Ford said executives exceeded cash flow, pretax earnings and quality targets, although they achieved none of their revenue goals. Ford's biggest individual earner last year was Hackett, who served as CEO from May 2017 tolastOctober. 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. Vice President, EV Industrialization, Ford Model e. James D. Farley, Jr. President and Chief Executive Officer. 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. Tons of great salary information on Indeed.com 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. $87,464 / yr. In 2021, Ford compensated its 15-member board of directorsin cash, stock and other benefits for a total value of $9,147,002. 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. CEO, Ford Pro. 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. GM has not yet reported her total compensation for 2019. 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. 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'. Related Searches:All Executive Director Salaries|All Ford Motor Company Salaries. 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. Lisa Drake. The ratio of the CEO's total compensation to the medianof all employees' total compensation is 356 to 1. #WeAreFord #FordChinese Association The company's compensation committee did, however, make a one-time alteration to its bonus plans to reward Ford's top executives for their response to the pandemic. What do you think? Si continas viendo este mensaje, 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. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. It was a year in which Ford's top executives hit just 23 percent of their business performance targets, down from 54 percent in 2019. Si continas recibiendo este mensaje, infrmanos del problema Concentrix: How can customer data drive a better automotive CX? 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? He has held a lifelong passion for cars, with a particular interest in hot hatchbacks and off-road rigs. 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. Executive Chair Bill Ford's total compensation rose about 16 percent to $18.6 million. Salary ranges represent what Ford pays for a job within a salary grade or leadership level based las molestias. Fiat Chrysler Automobiles paid CEO Mike Manleymore than $14.4 million in total compensation in 2019. Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. $77,253 / yr. "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. 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. Allstate: Compliance standards are changing. The dramatic difference in 2019, Ford said, related to pension values and how the data is calculated. Alexandra Ford English, the great-great-granddaughter of founder Henry Ford, was paid $571,701. Choose your news we will deliver. / CW50 Detroit. March 18, 2022 11:26 AM Michael Martinez Ford CEO Jim Farley DETROIT Ford Motor Co. CEO Jim. Know Your Worth. Steven Croley. Other highly-paid executives include chief financial officer Tim Stone, who earned $8.3 million in his first year at Ford. 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. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. 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. You can unsubscribe at any time through links in these emails. The automaker is also trying to figure out when to release its highly anticipated Ford Bronco and F-150. The estimated base pay is $196,149 per year. "Jim (Hackett) has been advising (Executive Chairman)Bill Ford and the management team on strategic issues. Get a free, personalized salary estimate based on today's job market. Se continui a visualizzare See more newsletter options at autonews.com/newsletters. FORD MOTOR CO annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Doug Field. 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? #WeAreFord 48207-2997, Automotive News First published on April 27, 2020 / 10:59 PM. 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. The Ford Motor executive team is 35% female and 65% male. Yes, I'd like to receive email communications on editorial features, special offers, research and events and webinars from Automotive News. John Lawler, who succeeded Tim Stone as CFO in October, made nearly $6 million. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. GM CEO Mary Barra received a $23.6 million package in 2020. That's up from $8,361,479 in 2019. 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. Executive Chairman Bill Ford's total compensation declined 4.2 percent to $16 million. Aircraft costs are based onfuel, maintenance, flight crew, insurance and hangar storage expenses. This report is not for commercial use. None of the information on this page has been provided or approved by Ford Motor. Farley's included$318,864 for personal use of aircraft. FORD MOTOR CO annual reports of executive compensation and pay are most commonly found in the Def 14a documents. 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 ; 11% of Ford Motor management is Hispanic or Latino. Coupled with an EBIT margin of 7.3 percent, it was Ford's strongest performance since 2016. Can someone explain levels hierarchy at Ford? The company's 2021 performance led to sizable bonuses, including $3.7 million for Farley and $2 million for CFO John Lawler. scusiamo se questo pu causarti degli inconvenienti. FORD MOTOR CO income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. 48207-2997, Automotive News More: Ford doubles annual bonuses amid worker fury over controversial formula, More: Ford's plan to funnel $3B from gas vehicles to fund electric, tech, More: Ford settles lawsuit alleging automaker targeted high-performing older workers. All proxy statements are public filings made available to the general public by the SEC. ISSN 0005-1551 (print) Allstate: Compliance standards are changing. 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. Former CEO Jim Hackett received the largest pandemic bonus: $1.26 million. Big stock awards and performance gave Ford CEO Jim Farley a major boost in his 2021 payout. 62% of the management team is White. Contact Phoebe Wall Howard at 313-222-6512 or phoward@freepress.com. West Senior Sales Executive in California makes about $66,604 per year. 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 . Of interest to many nonprofit readers are the salaries paid to foundation executives and to the top people in nonprofit service providers. los inconvenientes que esto te pueda causar. Wir entschuldigen uns fr die Umstnde. Ford Motor is 34% female and 66% male company-wide. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. If you continue to see this His $16.7 million in total compensation broke down as $1.8 million in salary, $7.9. 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. The estimated additional pay is $244,268 per year. Bill Ford at $18,662,706, up from $16,046,542 in 2020. 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. His responsibilities expanded last year. Join us today at www.careers.ford.com and celebrate with us! Thorough reviews have been conducted to assure this data accurately reflects disclosures. Neither General Motors nor Stellantis have released their executive compensation packages for 2020.