On average, Robert trades about 5,882 units every 58 days since 2014. It's unclear exactly how much the situation could affect Abbotts bottom line. Other key executives at Abbott Laboratories include See Why Investors Are So Excited About This. It operates through the following segments: Established Pharmaceutical Products, Nutritional Products, Diagnostic Products, and Medical Devices. Move Over Lithium 220 Pounds of Graphite In Every EV Battery. Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. Our 109,000 colleagues serve people in more than 160 countries. no insider transaction in Abbott Laboratories (ABT). 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). This chart shows Mr. Robert B. Ford's buying and selling at Abbott Laboratories by year and by quarter. 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. Robert B. Ford is on the board of California Biomedical Innovation Alliance and President, CEO, Chief Operating Officer & Director at Abbott Laboratories and Executive Vice President-Medical Devices at Abbott Diabetes Care, Inc. Mr. Ford previously occupied the position of Manager-Diagnostics Business Unit at Abbott Laboratrios do Brasil Ltda. Investors constantly hear that lithium is the key to powering our transition to electric vehicles and clean energy. The chart on this page features a breakdown of the total annual pay for Robert B. Ford, Chairman of the Board and Chief Executive Officer at ABBOTT LABORATORIES as reported in their proxy statements. Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. 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. 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. As the President, Chief Executive Officer, and Director of Abbott Laboratories, the total compensation of Robert Ford at Abbott Laboratories is $11,897,900. Staying current is easy with Crain's news delivered straight to your inbox, free of charge. , RANK89. The current estimated net worth of Abbott Laboratories's CHAIRMAN AND CEO, Robert B Ford, is estimated to be about $32.44M . He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. Abbott Laboratories leveled up on this year's Fortune 500 list, leaping from last year's rank of 104 to No. Mr. Ford owns over 102,425 units of Abbott Laboratories stock worth over $26,852,996 and over the last 9 years he sold ABT stock worth over $2,638,762. Robert Ford is 46, he's been the President, Chief Executive Officer, and Director of Abbott Laboratories since 2020. 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 . Learn More on Robert B. Ford's salary. [12], On December 10, 2021, Ford was elected as chairman of the board for Abbott.[13]. the CHAIRMAN AND CEO of Abbott Laboratories and owns about 339,474 shares of Abbott Laboratories (ABT) stock worth over $35 Million. Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. Owen is the father of three children two sons and a daughter. As of 25 August 2022 he still owns at least 244,496 units of Abbott Laboratories stock. Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. Learn More on Robert B. Ford's contact information. You may also find the annual proxy statement by going directly to the company's website. Chart Data in Insider Trading History Table. of The companys total net sales increased nearly 25% from 2020 to 2021, reflecting volume growth across all of Abbotts segments, according to the companys annual SEC filing. As the Chairman and Pres & CEO of Abbott Laboratories, the total compensation of Mr Ford at Abbott Laboratories is 5,051,334. An early adherent of the Bah Faith in the United States, Abbott founded the Bud Billiken Parade and Picnic in August 1929. This investment adviser does not provide advice to individual investors. The most active insiders traders include Miles D White, Richard A Gonzalez, and Jeffrey M Leiden. Robert B. Ford serves as President, Chief Executive Officer, Director of the Company. You can help Wikipedia by expanding it. He will become the 13th CEO in the company's 131-year history. Chart Data in Insider Trading History Table. Robert B. Ford serves as President, Chief Executive Officer, Director of the Company. Enter your email address below to get our daily insider buying and selling report. CEO Miles White will retain his title as executive chairman of the board. According to the SEC Form 4 filings, Robert B Ford has made a total of Within two months, he had erased the "vice" to become president of the division. The Nutritional Products segment caters to the worldwide sales of adult and pediatric nutritional products. Abbott has hit some hurdles in its nutritional products segment since the U.S. Food & Drug Administration and the U.S. Centers for Disease Control & Prevention opened an investigation in February into the companys production of baby powder formulas at a Sturgis, Mich., manufacturing plant. The company was founded by Wallace Calvin Abbott in 1900 and is headquartered in Abbott Park, IL. A bacteria called cronobacter sakazakii has been linked to baby powder formulas manufactured at the plant, which have led to complaints of babies becoming ill. Get notified the next time Robert B. Ford buys or sells Abbott Laboratories stock. Markets; Tools Portfolios. Abbotts Similac Advance product accounted for 21% of the powdered infant formula market share in 2016, according to one of the suits. 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. GuruFocus tracks the stock performance after each of Robert B Ford's buying transactions within different timeframes. Western countries are now scrambling for stable, renewable energy. Senior Vice President Fernando Mateus Stock quotes provided by InterActive Data. What is the salary of Mr Ford? 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. Our 109,000 colleagues serve people in more than 160 countries. Based on ownership reports from SEC filings, as the reporting owner, Robert B Ford owns 1 companies in total, including Last updated: 22 February 2023 at 6:54pm EST. 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 report is not for commercial use. Past performance is a poor indicator of future performance. You can see the complete history of Mr. Ford stock trades at the bottom of the page. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. . Mr. Ford owns over 102,425 units of Abbott Laboratories stock worth over $24,730,770 and over the last 9 years he sold ABT stock worth over $2,638,762. Is Abbott a Fortune 500 company? GuruFocus also compares Robert B Ford's trading performance to market benchmark return within the same time period. The performance of stocks bought by Robert B Ford within 3 months outperforms 1 times out of 1 transactions in total compared to the return of S&P 500 within the same period. Robert has made over 4 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. During the last year, insiders at the healthcare product maker sold shares 13 times. 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 On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. [9][10] Ford said he considers Abbott's BinaxNOW test to be a model, setting a trend for rapid point-of-care testing after the coronavirus pandemic for ailments such as influenza, sexually transmitted diseases, and hepatitis. Mr. Ford owns over 102,425 units of Abbott Laboratories stock worth over $24,562,068 and over the last 9 years he sold ABT stock worth over $2,638,762. Robert B Ford currently owns a total of 1 Robert Ford, left, and Miles White. Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. The estimated Net Worth of Robert B Ford is at least $39.1 Million dollars as of 25 August 2022. He joined Abbott's Diagnostics division in 1996 as a Business Unit Manager in Diabetes Care. Owen's Kids Are Not Allowed To Smoke. The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. Gurus may be added or dropped from the GuruFocus site at any time. Abbott Laboratories (ABT) Earlier this week, FDA inspectors said they found unsanitary conditions at the plant five months before the company recalled formulas. of 118,550 shares made by Salvadori Daniel Gesua Sive The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. 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. Now, a little-known exploration company has defined America's largest high-quality graphite deposit near Nome, Alaska. What is the salary of Mr Ford? 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. 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. As the Chairman of Abbott Laboratories, Mr. Ford earned a total compensation package of $24,914,886.00 in 2021. The largest trade he's ever made was exercising 102,425 units of Abbott Laboratories stock on 25 August 2022 worth over $4,121,582. Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. He subsequently held various positions of increasing responsibility for Abbott's Diagnostics, Nutrition and Diabetes Care businesses. Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. Click here to see the complete history of Robert B Fords form 4 insider trades. Learn More on Robert B. Ford's trading history. Learn More on Robert B. Ford's salary. 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. . The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. Robert Sengstacke Abbott (December 24, 1870 - February 29, 1940) was an American lawyer, newspaper publisher and editor. Truth is, switching from gas-powered isn't possible without massive amounts of graphite. Abbott Laboratories can also be reached via phone at (224) 667-6100. . Above is the net worth, insider trading, and ownership report for Robert B Ford. Source: Pinterest Age And Net Worth . The estimated net worth of Robert B. Ford is at least $14.45 million as of August 25th, 2022. the total compensation of Mr Ford at Abbott Laboratories is $5,051,334. 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. Unless otherwise specified, all product and service names appearing in this Internet site are trademarks owned by or licensed to Abbott, its subsidiaries or affiliates. [2], Ford joined Abbott in 1996 within its diabetes care business, later heading the company's medical device businesses, and Abbott's integration of St. Jude Medical in 2017, its largest acquisition at the time. Last updated: 22 February 2023 at 6:54pm EST. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. Robert B Ford is the Senior Vice President of Abbott Laboratories. The Established Pharmaceutical Products segment refers to the international sales of a line of branded generic pharmaceutical products. . The largest trade he's ever made was exercising 102,425 units of Abbott Laboratories stock on 25 August 2022 worth over $4,121,582. Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. As Chairman of the Board and Chief Executive Officer at ABBOTT LABORATORIES, Robert B. Ford made $22,159,543 in total compensation. ( m. 1998) . Get the best business coverage in Chicago, from breaking news to razor-sharp analysis, in print and online. ARLINGTON, Va., Oct. 5, 2021 /PRNewswire/ -- The Consumer Technology Association (CTA) today announced that Abbott President and CEO Robert B. Ford will deliver a . Now, dozens of class-action lawsuits have been filed against Abbott by parents of babies who were made ill from the companys formulas. In the United States, Abbott founded the Bud Billiken Parade and Picnic in August.... Hear that Lithium is the Net worth of robert B Ford 's contact information include! 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