Please indicate whether you are a shareholder, customer, supplier or other interested party. 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. "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. CFO Bob Shanks, who was replaced by. Coupled with an EBIT margin of 7.3 percent, it was Ford's strongest performance since 2016. Average salary for Ford Motor Company Executive Director in Freeport, MI: [salary]. 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Farley's included$318,864 for personal use of aircraft. 12% of the management team is Black or African American. Bill Ford at $16,046,542, down from$16.8 millionin 2019. Click here to submit a Letter to the Editor, and we may publish it in print. Manley earned 232 times the average FCA employee, whose total compensation was $62,259, as reported by the Detroit Free Press. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. Hau Thai-Tang, who was promoted from chief product development and purchasing officer tochief product platformand operations officer, at$11,780,405. 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. 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Executive Chair Bill Ford's total compensation rose about 16 percent to $18.6 million. 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. General Motors CEO Mary Barraearned$21.6million in total compensation in 2019. Please enable Cookies and reload the page. Si continas viendo este mensaje, Farley, Lawler and Ford each received a "pandemic response award," valued at $685,319, $181,229 and $405,000, respectively. First published on April 27, 2020 / 10:59 PM. Si vous continuez voir ce 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 . In these roles, he led the delivery of Fords mainstream and high performance products from conception to launch across all regions.Thai-Tangs international experience includes assignments in Cologne, Germany and four years serving as director of Product Development for Ford South America. The national average salary for a Ford Motor employee in the United States is $66,872 per year. 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 This report is not for commercial use. In this week's "Ask Nathan," Modular EV Truck, Using Tires for Disaster Recovery, and Wrenching on Our Own Cars? Ford Motor may also be known as or be related to Ford Motor, FORD MOTOR CO, Ford Credit and Ford Motor Company. 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. Concentrix: How can customer data drive a better automotive CX? Aydanos a proteger Glassdoor verificando que eres una persona real. 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. Ford CEO Jim Hackett told employees Thursday that the company's top 300 executives will defer 20 percent to 50 percent of their pay for at least five months starting May 1 due to the. NISSAN: 2022 Pathfinder and 2022 Frontier, APCO HOLDINGS: Strategies for handling new F&I dynamics. 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. 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. Please select at least one newsletter to subscribe. Indeed.com estimated this salary based on data from 1 employees, users and past and present job ads. More: Ford's Jim Hackett kept $16.7M pay package in 2020 despite stepping down. Ford Motor Company employees with the job title Senior Systems Engineer make the most with an average annual . $77,253 / yr. para nos informar sobre o problema. 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. In this role, he is globally responsible for overseeing all aspects of the companys design, engineering, research and product development, as well as purchasing operations.He most recently has served as group vice president, Global Purchasing, a position Thai-Tang has held since August 1, 2013. In that report, the company showed how much Ford employees made last year as well as top-earners, like CEO Jim Hackett. 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The company's 2021 performance led to sizable bonuses, including $3.7 million for Farley and $2 million for CFO John Lawler. 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. Haig: Buy-Sell Q&A: What is the value of an M&A advisor? Meanwhile, Farley is being rewarded on strength of performance in his first full year as CEO, said Ford spokesperson Catherine Hargett. 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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. CEO Jim Hackett was Ford's top earner, taking home $17.4 million in 2019, according to recent SEC disclosures. Neither General Motors nor Stellantis have released their executive compensation packages for 2020. He has held a lifelong passion for cars, with a particular interest in hot hatchbacks and off-road rigs. 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 Executive Chairman Bill Ford: $16.76 million, up from $13.83 million in 2018. It's the Chevy Bolt vs MINI SE by someone who actually used both for daily drivers. At time of writing, Fords production facilities are shut down for manufacturing vehicles. See more newsletter options at autonews.com/newsletters. While Hackett did earn a substantial amount, he hasnt been the highest-earning automotive executive among the Big Three. The estimated total pay for a Executive Director at Ford Motor Company is $440,023 per year. It's the Year of the Rabbit! 1155 Gratiot Avenue Lawler wasCEO of Ford Autonomous Vehicles and vice president of mobility partnerships. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Ford CEO Jim Farley received total compensation of $22,813,174in 2021for running the company, according to documents the Dearborn automakerreleased Friday. Click here to submit a Letter to the Editor, and we may publish it in print. scusiamo se questo pu causarti degli inconvenienti. Former CFO Bob Shanks also received $8.3 million in 2019. Lisa Drake. 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. We havent detailed which ones," Ford spokesman T.R. Michael Amend, ina new role as of March 2021,was at $12,781,136. Ford said executives exceeded cash flow, pretax earnings and quality targets, although they achieved none of their revenue goals. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. CEO, Ford Pro. $62,968 / yr. Business Analyst salaries - 93 salaries reported. ein Mensch und keine Maschine sind. Se continui a visualizzare Wir entschuldigen uns fr die Umstnde. 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. View Top Engineering Executive Salary in Kyles Ford, TN, and get a free salary report with salary range, bonus, and benefits information. 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. Here are further demographic highlights of the leadership team: The Ford Motor executive team is 35% female and 65% male. Ford executives hit 135 percent of their business performance targets in 2021 compared with just 23 percent the previous year, at the beginning of the coronavirus pandemic. 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. What do you think? 48207-2997, Automotive News You can unsubscribe at any time through links in these emails. Other highly-paid executives include chief financial officer Tim Stone, who earned $8.3 million in his first year at Ford. 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. pour nous faire part du problme. Choose your news we will deliver. "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. Kumar Galhotra, president of the Americas and International Markets Group, earned $8,534,094. ; 11% of Ford Motor management is Hispanic or Latino. ISSN 0005-1551 (print) 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. With the people of Ford around the world, our leadership is committed to serving all of our stakeholder groups. Big stock awards and performance gave Ford CEO Jim Farley a major boost in his 2021 payout. om ons te informeren over dit probleem. 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. Alpha One Ford Executive Assistant in the United States makes about $51,689 per year. FORD MOTOR CO income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. View Comments. 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. Lawler's total compensation in 2021 jumped about 60 percent to $9.4 million. Here are further demographic highlights of the leadership team: The Henry Ford Health System executive team is 44% female and 56% male. Farley's pay included a $1.4 million base salary, $5.1 million in stock awards and nearly $4.2 million in other awards, according to the company's annual proxy statement filed Thursday. Tons of great salary information on Indeed.com 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. 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. #WeAreFord That's down slightlyfrom nearly $17.4 million in 2019. 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. Lawler's compensation included a $715,000 salary and $27,313 for evaluation vehicles. Heres the next step in their evolution, Champ: The history of titling and the cost of human error. He earned a $1.7. Exterior Design Manager Reflects on Passion for Mustang, Development of All-New Model. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Do you want to design products people fall in love with? Salaries at Ford Motor Company range from an average of $68,185 to $132,153 a year. The ratio of the CEO's total compensation to the medianof all employees' total compensation is 356 to 1. His responsibilities expanded last year. real person. Ci Ajude-nos a manter o Glassdoor seguro confirmando que voc uma pessoa de Aiutaci a proteggere Glassdoor dimostrando che sei una persona reale. 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. Have an opinion about this story? Executive chairman Bill Ford received $16.8 million, while Joe Hinrichs (president, Automotive) was paid $11 million. FORD MOTOR CO income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system.
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