Coupled with an EBIT margin of 7.3 percent, it was Ford's strongest performance since 2016. If any of the three resort to large-scale layoffs FCA did release 2,000 contract workers in March, and all three have furloughed some employees top executives pay will likely come under intense scrutiny in early 2021. The estimated total pay for a Executive Director at Ford Motor Company is $440,417 per year. Please enable Cookies and reload the page. Onze 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. Neither General Motors nor Stellantis have released their executive compensation packages for 2020. Please select at least one newsletter to subscribe. 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. Actual salary will be determined based on skills, experience (to the extent relevant) and other job-related factors, consistent with applicable law. Aiutaci a proteggere Glassdoor dimostrando che sei una persona reale. Henry Ford III, great-great-grandson of the founder, was paid $331,401. Ford Motor Company Executive Director Salaries | Glassdoor Henry Ford Health hiring Executive Assistant - 40hrs/wk - Days -Detroit 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. Stone, who was hired April 15 and assumed his CFO role June 1: $8.32 million. The information shown here is a reporting of information included in the company's proxy statement. 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. ein Mensch und keine Maschine sind. This material may not be published, broadcast, rewritten, or redistributed. 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. 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. Kumar Galhotra, president of the Americas and International Markets Group, earned $8,534,094. Box 6248, Dearborn, MI 48126, U.S.A. Chief Advanced Product Development and Technology Officer. Content in this story was edited after publishing. Ford reports CEO Jim Hackett, executives 2019 compensation Executive Chairman Bill Ford's total compensation declined 4.2 percent to $16 million. The starting base salary for this Brea, CAposition is expected to be between $200,000.00 to $250,000.00 annually. 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. West Senior Sales Executive in California makes about $66,604 per year. More: Bill Ford's controversial viewpoint has changed Detroit automaker. Ford CEO Jim Farley received total compensation of $22,813,174in 2021for running the company, according to documents the Dearborn automakerreleased Friday. Si continas viendo este mensaje, "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. "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. 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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. How Much Does Ford Motor Company Pay in 2023? (12,983 Salaries enva un correo electrnico a However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Ford listed Hackett's retirement from the company as March 31, 2021, in its U.S. Securities and Exchange Commission filings. GMs Mary Barra earned $21.87 million in 2018. enviando un correo electrnico a Wir entschuldigen uns fr die Umstnde. Ford said executives exceeded cash flow, pretax earnings and quality targets, although they achieved none of their revenue goals. 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. 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. The surveyed salaries which covered 54 people, because several earned identical salaries - added up to about $10.7 million in the 2019-20 budget year. 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. The most common ethnicity among Ford Motor executive officers is White. He has held a lifelong passion for cars, with a particular interest in hot hatchbacks and off-road rigs. $87,464 / yr. Please help us protect Glassdoor by verifying that you're a Als u dit bericht blijft zien, stuur dan een e-mail $77,253 / yr. 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. Haig: Buy-Sell Q&A: What is the value of an M&A advisor? Levels at Ford? - Blind Based on our data team's research, James D. Farley Jr is the Ford Motor's CEO. The estimated additional pay is $243,443 . 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. Tommy covers which is better for your buck! Hau Thai-Tang, who was promoted from chief product development and purchasing officer tochief product platformand operations officer, at$11,780,405. Aircraft costs are based onfuel, maintenance, flight crew, insurance and hangar storage expenses. 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. Contact Phoebe Wall Howard: 313-618-1034 or phoward@freepress.com. ; 61% of the management team is White. Its just such a special thing to be part of, Chris says. Working At Ford Motor: Employee Reviews And Culture - Zippia Among Southeastern Michigan foundations, topping the salary list is Rip Rapson of the Kresge Foundation at $695,468. Ajude-nos a manter o Glassdoor seguro confirmando que voc uma pessoa de Michael Amend, ina new role as of March 2021,was at $12,781,136. Yes, I'd like to receive email communications on editorial features, special offers, research and events and webinars from Automotive News. Ci 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. 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. Exterior Design Manager Reflects on Passion for Mustang, Development of All-New Model. Base salary considers skills, experience and competitive market value. Auto theft has been on the rise over the past decade, and these states have been hit particularly hard. Know Your Worth. Alpha One Ford Executive Assistant Salaries in the United States John Lawler, who replaced Stone as CFO on Oct. 1, at $5,983,141. The employee data is based on information from people who have self-reported their past or current employments at Ford Motor. Concentrix: How can customer data drive a better automotive CX? Caso continue recebendo esta mensagem, 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. om ons te informeren over dit probleem. White is the most common ethnicity company-wide. Read more on Ford and sign up for our autos newsletter. His base salary of $1.7 million was unchanged, but his stock awards more than doubled to $13.8 million. Disculpa / CW50 Detroit. Nous sommes dsols pour la gne occasionne. Please select at least one newsletter to subscribe. Get a free, personalized salary estimate based on today's job market. The annual virtual shareholders meeting is scheduled for May 12. Indeed.com estimated this salary based on data from 1 employees, users and past and present job ads. The Final Dodge Last Call Model Is Almost Here and Its Nissan Recall: More Than 800,000 Rogue, Rogue Sport Models May Have Ford Announces 2024 Mustang Pricing, With the Dark Horse Landing Just You Normally Wouldnt Call a Honda CR-V Badass, But This 800-Horsepower Refreshed 2024 Hyundai Kona Unveiled: Heres a Preview of Whats Coming. Meanwhile, the company will double bonuses for lower-level employees, from 54% of their . For its 2021 fiscal year, FORD MOTOR CO, listed the following board members on its annual proxy statement to the SEC. Big stock awards and performance gave Ford CEO Jim Farley a major boost in his 2021 payout. What do you think? The Ford statement filed with federal regulators also noted that the recommended 14-member board of directors would result in four women and two members who identify as being part of minority groups. While all Big Three automakers suffered on the sales front through March 2020, one strong area was in trucks. NISSAN: 2022 Pathfinder and 2022 Frontier, APCO HOLDINGS: Strategies for handling new F&I dynamics. Heres what you need to know. April 27, 2020 / 10:59 PM Have an opinion about this story? General Motors has notreleased its executive compensationfor 2021. 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 new totals reflect the addition of Alexandra Ford English and Henry Ford III. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. Heres what you need to know. Ford releases 2020 salaries, comp pay for executive team Bitte helfen Sie uns, Glassdoor zu schtzen, indem Sie besttigen, dass Sie 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. View Top Engineering Executive Salary in Kyles Ford, TN, and get a free salary report with salary range, bonus, and benefits information. 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. How much Ford's CEO, other top executives made in 2020 - Automotive News CFO Bob Shanks, who was replaced by. real person. Get browser notifications for breaking news, live events, and exclusive reporting. Contact Phoebe Wall Howard at 313-222-6512 or phoward@freepress.com. Some related job titles areChief Operating Officer salaries with median pay of $354,128,Senior Director salaries with median pay of $326,769,Vice President salaries with median pay of $321,609,CEO salaries with median pay of $377,206. 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? Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Allstate: Compliance standards are changing. 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 The national average salary for a Ford Motor employee in the United States is $66,872 per year. Choose your news we will deliver. naar Farley's pay included a $1.4 million base salary, $5.1. Top Engineering Executive Salary in Kyles Ford, TN | Salary.com Salaries at Ford Motor Company range from an average of $68,185 to $132,153 a year. Average salary for Ford Motor Company Executive Director in Freeport, MI: [salary]. 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 . Do you want to design products people fall in love with? 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). Henry Ford Health System Leadership: Executives and Demographics - Zippia "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. If you would like to contact Fords Board of Directors please use the following address: Ford Motor Company, Customer Relationship Center, P.O. Please indicate whether you are a shareholder, customer, supplier or other interested party. Here are further demographic highlights of the leadership team: The Henry Ford Health System executive team is 44% female and 56% male. 2020's top-paid employees of Jacksonville's public agencies Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Of interest to many nonprofit readers are the salaries paid to foundation executives and to the top people in nonprofit service providers. For more information, see ourPrivacy Policy. [Photo: Ford] Ford disclosed the salary and pay ratio data for its executives in an . The automaker is also trying to. Executive Chairman Bill Ford: $16.76 million, up from $13.83 million in 2018. per informarci del problema. Heres the next step in their evolution, Champ: The history of titling and the cost of human error. Sales Associate salaries - 84 salaries reported. Ford posted adjusted EBIT for 2021 of $10 billion, roughly four times its 2020 earnings. Edsel B. Ford IIwas paid $811,469. The automaker is also trying to figure out when to release its highly anticipated Ford Bronco and F-150. FORD MOTOR CO Executive Salaries & Other Compensation - Salary.com He earned a $1.7. $62,968 / yr. Business Analyst salaries - 93 salaries reported. Click here to submit a Letter to the Editor, and we may publish it in print. 11% of the management team is Hispanic or Latino. . 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. 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Alpha One Ford Executive Assistant in the United States makes about $51,689 per year. The Detroit News. Sign up and get the best of Automotive News delivered straight to your email inbox, free of charge. Based on 4 salaries posted anonymously by Ford Motor Company Executive Director employees in Freeport, MI. Would you like to work at a company with active employee resource groups and opportunities to learn about and enjoy a variety of cultures? 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. Tons of great salary information on Indeed.com Indeed.com estimated this salary based on data from 1 employees, users and past and present job ads. 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. 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. People | Ford Media Center Lawler wasCEO of Ford Autonomous Vehicles and vice president of mobility partnerships. At time of writing, Fords production facilities are shut down for manufacturing vehicles. 9% of Henry Ford Health System management is Hispanic or Latino. Here are further demographic highlights of the leadership team: James D. Farley Jr. (born June 10, 1962) is an American automotive executive who currently serves as Ford Motor Company's chief executive officer since October 1, 2020. See more newsletter options at autonews.com/newsletters. Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. Ford disclosed the salary and pay ratio data for its executives in an annual compensation report to the U.S. Securities and Exchange Commission. Wenn 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). This report is not for commercial use. Ford Motor Company Executive Salaries | Glassdoor Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. #WeAreFord In this week's "Ask Nathan," Modular EV Truck, Using Tires for Disaster Recovery, and Wrenching on Our Own Cars? Ford's biggest individual earner last year was Hackett, who served as CEO from May 2017 to last October. 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. Non-Executive Chairman and Co-Founder of Velocitas Partners, Executive Vice President of Product Development & Purchasing. 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.
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