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Aydanos a proteger Glassdoor verificando que eres una persona real. 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. With the people of Ford around the world, our leadership is committed to serving all of our stakeholder groups. Please enable Cookies and reload the page. Meet members of the Ford Chinese Association and find out their favorite Lunar New Year traditions. Steven Croley. March 18, 2022 11:26 AM Michael Martinez Ford CEO Jim Farley DETROIT Ford Motor Co. CEO Jim. 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 FORD MOTOR CO annual reports of executive compensation and pay are most commonly found in the Def 14a documents. We are sorry for the inconvenience. Follow her on Twitter @phoebesaid. 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. 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. Ci Michael Amend, ina new role as of March 2021,was at $12,781,136. Would you like to work at a company with active employee resource groups and opportunities to learn about and enjoy a variety of cultures? Ford listed Hackett's retirement from the company as March 31, 2021, in its U.S. Securities and Exchange Commission filings. In a year ravaged by the COVID-19 pandemic . His compensation included $187,442 for personal use of aircraft and $921,030 for security. 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. "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. In 2021, Ford compensated its 15-member board of directorsin cash, stock and other benefits for a total value of $9,147,002. Si continas viendo este mensaje, It's the Chevy Bolt vs MINI SE by someone who actually used both for daily drivers. Farley, Lawler and Ford each received a "pandemic response award," valued at $685,319, $181,229 and $405,000, respectively. Farley's included$318,864 for personal use of aircraft. 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. Chief Advanced Product Development and Technology Officer. 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. Lamentamos Tons of great salary information on Indeed.com Wenn CEO, Ford Pro. Thelower amountin this years filingreflects whatLawler actually received. None of the information on this page has been provided or approved by Ford Motor. How accurate is this most likely Total Pay range (base + additional) of $330K-$605K/yr? an. "Specifically, the financial performance of the company was above plan despite production losses due to the semiconductor supply shortage, the dividend was reinstated in the fourth quarter of 2021, and significant efforts were made to strengthen the balance sheet by repurchasing and redeeming $7.6 billion of high-cost debt, deleveraging the balance sheet and significantly reducing our ongoing interest expense.". The information shown here is a reporting of information included in the company's proxy statement. 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. Here are further demographic highlights of the leadership team: The Ford Motor executive team is 35% female and 65% male. Haig Partners: How are dealerships being valued today? ISSN 0005-1551 (print) In A Wave Of Awful Car Sales, Tesla Still Managed A Strong Performance, The BMW R18 Is A Modern Throwback With The Brands Most Powerful Boxer Engine Ever, Auto Theft Is a Growing Epidemic, And You Really Need to Watch Out In These States, The Final Dodge Last Call Model Is Almost Here and Its Packing 7.1 Extra Pounds ofSomething, Nissan Recall: More Than 800,000 Rogue, Rogue Sport Models May Have Ignition Key Problem. The data presented on this page does not represent the view of Ford Motor and its employees or that of Zippia. Salary ranges represent what Ford pays for a job within a salary grade or leadership level based Jim Farley promises 'Detroit swagger' will carry Ford from Model T to Mach-E. president of new business, technology and strategy, Bill Ford's controversial viewpoint has changed Detroit automaker, Ford makes come-from-behind push with Mach-E as industry enters new era, Ford CEO Jim Farley is doing important work at TCF Center and few know it, Ford's plan to defer government loan payments a 'concerning sign', Ford hires global CMO from eBay amid shakeup in tech, vehicle launches, Bill Ford describes his future, role of daughter as first female Ford family member on board, Despite COVID-19 and scandal, UAW income and strike fund grow with steady membership, Ford puts 4 properties on the selling block, 35 sites under review in Dearborn area, Michigan Central Station on track for 2022 finish: 'This is a Phoenix rising', Your California Privacy Rights/Privacy Policy. Happy Lunar New Year from all of us at Ford! Ford said executives exceeded cash flow, pretax earnings and quality targets, although they achieved none of their revenue goals. Alpha One Ford Executive Assistant in the United States makes about $51,689 per year. The starting base salary for this Brea, CAposition is expected to be between $200,000.00 to $250,000.00 annually. 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. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. Contact Phoebe Wall Howard at 313-222-6512 or phoward@freepress.com. Please help us protect Glassdoor by verifying that you're 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. 48207-2997, Automotive News 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. NISSAN: 2022 Pathfinder and 2022 Frontier, APCO HOLDINGS: Strategies for handling new F&I dynamics. For more information, see ourPrivacy Policy. 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. 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. GM CEO Mary Barra received a $23.6 million package in 2020. Exterior Design Manager Reflects on Passion for Mustang, Development of All-New Model. This report is not for commercial use. The estimated additional pay is $244,268 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). $87,464 / yr. 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. 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. More: Bill Ford's controversial viewpoint has changed Detroit automaker. He has held a lifelong passion for cars, with a particular interest in hot hatchbacks and off-road rigs. 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. Haig Partners: How are dealerships being valued today? If you would like to contact Fords Board of Directors please use the following address: Ford Motor Company, Customer Relationship Center, P.O. Ford's biggest individual earner last year was Hackett, who served as CEO from May 2017 to last October. Hackett was, by a wide margin, Fords largest individual earner in 2019. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. CFO Bob Shanks, who was replaced by. 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Reid emailedthe Free Press in March. Sales Associate salaries - 84 salaries reported. 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DirectorJon Huntsman was paid the most at$3.9 million. 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. 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. Product Manager salaries - 112 salaries reported. Aircraft costs are based onfuel, maintenance, flight crew, insurance and hangar storage expenses. 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 His compensation also included $830,305 for personal use of aircraft. CEO Jim Farley, who assumedthe helmon Oct. 1, earned $11,802,054 in executive compensation for the whole year. Coupled with an EBIT margin of 7.3 percent, it was Ford's strongest performance since 2016. ISSN 2576-1064 (print) Allstate: Compliance standards are changing. In 2016, HFHS reported having 21,462 employees who were compensated $1.5 billion (about half of total reported revenue), which equates to an average compensation of $70,500. Caso continue recebendo esta mensagem, The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. 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. enva un correo electrnico a Other highly-paid executives include chief financial officer Tim Stone, who earned $8.3 million in his first year at Ford. Ford Motor may also be known as or be related to Ford Motor, FORD MOTOR CO, Ford Credit and Ford Motor Company. Lisa Drake. 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. "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. 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. 11% of employees are Black or African American. 62% of the management team is White. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. More: Ford's Jim Hackett kept $16.7M pay package in 2020 despite stepping down. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. Global Modern Slavery Statement (view PDF). message, please email Heres the next step in their evolution, Champ: The history of titling and the cost of human error. 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. Hackett stepped down as CEO on Oct. 1 but remained with the company as an adviser. 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. om ons te informeren over dit probleem. to let us know you're having trouble. In that report, the company showed how much Ford employees made last year as well as top-earners, like CEO Jim Hackett. View Comments. The estimated base pay is $196,580 per year. 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. First published on April 27, 2020 / 10:59 PM. enviando un correo electrnico a Bitte helfen Sie uns, Glassdoor zu schtzen, indem Sie besttigen, dass Sie 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 . The company's 2021 earnings included a $7.4 billion profit in North America. After growing up surrounded by Mustangs, it seemed inevitable that Chris Walter would end up working on them. Henry Ford III, great-great-grandson of the founder, was paid $331,401. The Detroit Free Press broke down the numbers in that report figures which should be a point of sharp focus as Ford, among the other Big Three automakers, navigate the ongoing COVID-19 crisis. General Motors has notreleased its executive compensationfor 2021. You can unsubscribe at any time through links in these emails. Ford CEO Jim Farley received total compensation of $22,813,174in 2021for running the company, according to documents the Dearborn automakerreleased Friday. 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. Farley held multiple leadershiproles in 2020, including president of new business, technology and strategy as well aschief operating officer. Hackett's 2020 compensation totaled $16.7 million, down 3.6 percent from 2019. Farley received $685,330. Hau Thai-Tang, who was promoted from chief product development and purchasing officer tochief product platformand operations officer, at$11,780,405. The Times-Union compiled a list of the. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Jim Farley, who is now chief operating officer, earned $5.9 million in 2019. 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. real person. 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. #WeAreFord #FordChinese Association Farley's pay included a $1.7 million base salary, up 19 percent over 2020. Ford Motor Company employees with the job title Senior Systems Engineer make the most with an average annual . Its just such a special thing to be part of, Chris says. 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. DETROIT Ford Motor Co. CEO Jim Farley's total compensation soared 93 percent to $22.8 million in 2021, his first full year as the company's chief executive. Heres how they performed in the first three months of this year: Zach is the managing editor for TFLcar. Ajude-nos a manter o Glassdoor seguro confirmando que voc uma pessoa de The national average salary for a Ford Motor employee in the United States is $66,872 per year. The Detroit News. Ford Motor has 186,000 employees, of which 104 are in a leadership position. Hau Thai-Tang, chief product platform and operations officer, made $11.8 million, including a $1.2 million salary. Lamentamos pelo inconveniente. Executive Summary. verdade. 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. West Senior Sales Executive in California makes about $66,604 per year. ISSN 0005-1551 (print) While Hackett did earn a substantial amount, he hasnt been the highest-earning automotive executive among the Big Three. 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. 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. You may also find the annual proxy statement by going directly to the company's website. See more newsletter options at autonews.com/newsletters. Indeed.com estimated this salary based on data from 1 employees, users and past and present job ads. 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. 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. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives.