The information shown here is a reporting of information included in the company's proxy statement. More: Bill Ford's controversial viewpoint has changed Detroit automaker. Here are further demographic highlights of the leadership team: The Henry Ford Health System executive team is 44% female and 56% male. 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. Average salary for Ford Motor Company Executive Director in Freeport, MI: [salary]. His base salary of $1.7 million was unchanged, but his stock awards more than doubled to $13.8 million. The automaker is also trying to figure out when to release its highly anticipated Ford Bronco and F-150. Actual salary will be determined based on skills, experience (to the extent relevant) and other job-related factors, consistent with applicable law. Henry Ford Health System Leadership: Executives and Demographics - Zippia Read more on Ford and sign up for our autos newsletter. West Senior Sales Executive Salaries in California - indeed.com Aydanos a proteger Glassdoor y demustranos que eres una persona real. Managing Director, Product Development, Ford-Werke GmbH, and Executive Director, Engineering, Ford of Europe Dave Bozeman Vice President, Ford Customer Service Division, Enthusiast Vehicles, Ford Blue Based on 4 salaries posted anonymously by Ford Motor Company Executive Director employees in Freeport, MI. 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. Farley's included$318,864 for personal use of aircraft. Aiutaci a proteggere Glassdoor dimostrando che sei una persona reale. "Those topics can be competitively sensitive, especially in a period of industry transition.". 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. excuses voor het ongemak. 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. "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. Michael Amend, ina new role as of March 2021,was at $12,781,136. Fords stock prices have also tumbled to just over $4 a share (down over half in March alone), and the company had its credit rating downgraded to junk status on lower demand caused by the coronavirus pandemic, and an outlook that Ford could struggle to maintain a competitive position as it burns through its cash reserves and lines of credit. Concentrix: How can customer data drive a better automotive CX? That's up from $8,361,479 in 2019. Chief Advanced Product Development and Technology Officer. ; 11% of Ford Motor management is Hispanic or Latino. Ford shores up cash as COVID-19 strangles economy - Detroit Free Press Ford CEO Jim Farley's 2021 compensation nearly doubles para nos informar sobre o problema. Haig: Buy-Sell Q&A: What is the value of an M&A advisor? In this capacity, he directed all global engineering for car, truck, SUV and crossover vehicles for the Ford and Lincoln brands in support of the One Ford plan.Thai-Tang also was executive director of Global Product Programs, and director of Advanced Product Creation and Special Vehicle Team (SVT). Tons of great salary information on Indeed.com Vice President, EV Industrialization, Ford Model e. James D. Farley, Jr. President and Chief Executive Officer. What do you think? FORD MOTOR CO income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. He was 52. FORD MOTOR CO annual reports of executive compensation and pay are most commonly found in the Def 14a documents. NISSAN: 2022 Pathfinder and 2022 Frontier, APCO HOLDINGS: Strategies for handling new F&I dynamics. Ford's Top Executives Partially Defer Their Salaries, After Earning 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. Si continas viendo este mensaje, los inconvenientes que esto te pueda causar. 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 For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. He earned a $1.7. Onze Edsel B. Ford IIwas paid $811,469. 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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. Als u dit bericht blijft zien, stuur dan een e-mail Aircraft costs are based onfuel, maintenance, flight crew, insurance and hangar storage expenses. CEO Jim Farley, who assumedthe helmon Oct. 1, earned $11,802,054 in executive compensation for the whole year. If you continue to see this Member, Board of Directors, Ford Motor Company Alexandra Ford English Member, Board of Directors, Ford Motor Company HENRY FORD III Member, board of directors, Ford motor company William W. Helman IV Member, Board of Directors, Ford Motor Company Jon M. Huntsman, JR Vice Chair, Policy, Ford Motor Company WILLIAM E. KENNARD 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. Haig: Buy-Sell Q&A: What is the value of an M&A advisor? CEO, Ford Pro. $87,464 / yr. People | Ford Media Center The Detroit News. Coronavirus prompts these CEOs to give up their salaries 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. Ford also disclosed data for itsother highest-paid current executives in overall compensation in 2020: Bill Ford's benefits included$187,442 for personal use of aircraft and $921,030 for personal security. 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. Manley earned 232 times the average FCA employee, whose total compensation was $62,259, as reported by the Detroit Free Press. enviando un correo electrnico a ein Mensch und keine Maschine sind. Heres what you need to know. Heres what you need to know. More: Ford's Jim Hackett kept $16.7M pay package in 2020 despite stepping down. 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Kumar Galhotra, president of the Americas and International Markets Group, earned $8,534,094. Meanwhile, Farley is being rewarded on strength of performance in his first full year as CEO, said Ford spokesperson Catherine Hargett. White is the most common ethnicity company-wide. 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. Box 6248, Dearborn, MI 48126, U.S.A. The company's 2021 performance led to sizable bonuses, including $3.7 million for Farley and $2 million for CFO John Lawler. Ci Executive Chairman Bill Ford: $16.76 million, up from $13.83 million in 2018. 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. "Throughout 2020, he provided steady leadership while overseeing new product launches and the launch of the company's 'Built for America' and 'Built to Lend a Hand' campaigns using virtual platforms," the company said of awarding Galhotra an incremental bonus. Fiat Chrysler Automobiles paid CEO Mike Manleymore than $14.4 million in total compensation in 2019. Sales Executive - Hinderliter de Llamas & Associates [Photo: Ford] Ford disclosed the salary and pay ratio data for its executives in an . While Hackett did earn a substantial amount, he hasnt been the highest-earning automotive executive among the Big Three. ISSN 2576-1064 (print) That total consists of a $1.4 million base salary, $5.1 million in stock awards, and around $4.2 million in other awards. Haig Partners: How are dealerships being valued today? om ons te informeren over dit probleem. Non-Executive Chairman and Co-Founder of Velocitas Partners, Executive Vice President of Product Development & Purchasing. What do you think? Ford Motor may also be known as or be related to Ford Motor, FORD MOTOR CO, Ford Credit and Ford Motor Company. 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. William Ford: Executive: Republican Party: $14,200: Henry Ford: Sales/Marketing: Democratic Party: $14,000 . Nader, of Plymouth, died on Thursday, March 2, at . GM has not yet reported her total compensation for 2019. Executive Chairman Bill Ford's total compensation declined 4.2 percent to $16 million. He has held a lifelong passion for cars, with a particular interest in hot hatchbacks and off-road rigs. 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 . Stellantis CEO Carlos Tavares made $21M in 2021. The most common ethnicity among Ford Motor executive officers is White. Ford said executives exceeded cash flow, pretax earnings and quality targets, although they achieved none of their revenue goals. Dianne Craig. "His CEO compensation is 90% performance based and is in line with his industry peers.". 12% of the management team is Black or African American. 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. FORD MOTOR CO annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Heres the next step in their evolution, Champ: The history of titling and the cost of human error. Lamentamos 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. 1155 Gratiot Avenue 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. Ford Motor Company Executive Salaries | Glassdoor 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. 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. Employees in the top 10 percent can make over $120,000 per year, while employees at the bottom 10 percent earn less than $37,000 per year. Contact Phoebe Wall Howard: 313-618-1034 or phoward@freepress.com. The CEO of Ford Motor is James D. Farley Jr. Henry Ford III and William E. Kennard founded Ford Motor. We are sorry for the inconvenience. 48207-2997, Automotive News Other highly-paid executives include chief financial officer Tim Stone, who earned $8.3 million in his first year at Ford. Sales Associate salaries - 84 salaries reported. Ford releases 2020 salaries, comp pay for executive team Ford Motor Company Executive Director Salaries in Freeport, MI Global Modern Slavery Statement (view PDF). 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. "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. Ajude-nos a manter o Glassdoor seguro confirmando que voc uma pessoa de envie um e-mail para Hackett stepped down as CEO on Oct. 1 but remained with the company as an adviser. "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 Motor is 34% female and 66% male company-wide. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. The company's 2021 earnings included a $7.4 billion profit in North America. 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? Big Compensation Packages for Some Big Detroit Area Nonprofits Alpha One Ford Executive Assistant in the United States makes about $51,689 per year. 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. Alpha One Ford Executive Assistant Salaries in the United States How much Ford's CEO, other top executives made in 2020 - Automotive News 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. 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. Coronavirus: Ford warns of potential job cuts, to defer some salaries Wenn The estimated base pay is $196,580 per year. 11% of employees are Black or African American. 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. (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. Sie weiterhin diese Meldung erhalten, informieren Sie uns darber bitte per E-Mail Thelower amountin this years filingreflects whatLawler actually received. (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. Ford reports CEO Jim Hackett, executives 2019 compensation 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. 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. Joe Nader, the former executive chef at Ford Field, dies at 52 Get started with your Free Employer Profile, average salary for an Executive Director is $129,383 per year in United States, The Ultimate Job Interview Preparation Guide. His compensation included $187,442 for personal use of aircraft and $921,030 for security. See more newsletter options at autonews.com/newsletters. 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. Ford's biggest individual earner last year was Farley, whosetotal compensation broke down as $1.7million in salary,$16millionin stock awards, nearly $3.7 millionin incentive plan compensation,and about $1.4 millionin other payments. The estimated additional pay is $244,268 per year. Exterior Design Manager Reflects on Passion for Mustang, Development of All-New Model. 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. 2022 TFLcar.com - Road Chaser, Inc. All rights reserved. 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. / CW50 Detroit. scusiamo se questo pu causarti degli inconvenienti. 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. Yes, I'd like to receive email communications on editorial features, special offers, research and events and webinars from Automotive News. Si continas recibiendo este mensaje, infrmanos del problema 11% of the management team is Hispanic or Latino. Working At Ford Motor: Employee Reviews And Culture - Zippia Coupled with an EBIT margin of 7.3 percent, it was Ford's strongest performance since 2016. His responsibilities expanded last year. 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. That's down slightlyfrom nearly $17.4 million in 2019. 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. It's the Year of the Rabbit! naar The employee data is based on information from people who have self-reported their past or current employments at Ford Motor. "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. 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. 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. 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. For more information, see ourPrivacy Policy. Si vous continuez voir ce 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). John Lawler, who replaced Stone as CFO on Oct. 1, at $5,983,141. 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. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Among Southeastern Michigan foundations, topping the salary list is Rip Rapson of the Kresge Foundation at $695,468. not enough compared to other companies., Ford put the world on wheels over a century ago, but weve always thought like a start-up. The starting base salary for this Brea, CAposition is expected to be between $200,000.00 to $250,000.00 annually. Ford's 2021 revenue totaled $136 billion, up from $127 billion in 2020, marking the second consecutive year it generated more revenue than General Motors. Choose your news we will deliver. para informarnos de que tienes problemas. Executive Summary. After growing up surrounded by Mustangs, it seemed inevitable that Chris Walter would end up working on them. 9% of Henry Ford Health System management is Hispanic or Latino. How accurate is this most likely Total Pay range (base + additional) of $330K-$605K/yr? Sign up and get the best of Automotive News delivered straight to your email inbox, free of charge. 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. The national average salary for a Ford Motor employee in the United States is $66,872 per year. While all Big Three automakers suffered on the sales front through March 2020, one strong area was in trucks. message, please email General Motors has notreleased its executive compensationfor 2021. You may also find the annual proxy statement by going directly to the company's website. For its 2021 fiscal year, FORD MOTOR CO, listed the following board members on its annual proxy statement to the SEC. Have an opinion about this story? The estimated total pay for a Executive Director at Ford Motor Company is $440,417 per year. Please indicate whether you are a shareholder, customer, supplier or other interested party. The Times-Union compiled a list of the. GMs Mary Barra earned $21.87 million in 2018. 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. 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