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. om ons te informeren over dit probleem. Take this quiz to find out, Rey and Rey: Automation and the future of automotive retail, Routeone: The benefits of robust dealership reporting tools, Siemens: The impact of vehicle electrification and connectivity on electrical system design, Spectrum Reach: Playing to win: How automotive dealers can capitalize on sports marketing, Swiss Re: Insurers and car manufacturers: how to unlock the potential of true collaboration, Text2Drive: Digital retailing meets the service department, Trimble: The future of autonomous vehicles speeds ahead, Truist: Capitalize on the changing structure of auto retailing, Truist: Prepare now for the next era of automotive retailing, Urban Science: Promoting dealer-consumer alignment across continued industry evolution, Walbridge: Video | Walbridge Chairman on how automotive companies are navigating the electrification boom, Western Digital: To Meet Consumer Demand, Automakers Must Double Down on Agile Development, Wipro: How to address safety and security for software-defined vehicles, Wipro: How todays tech decisions drive tomorrows sales, Wipro: Software Helps Address the Affordability Challenge, Wipro: The Promise of Software-Defined Vehicles and the Cloud Car Ecosystem, Wipro: Video | Wipro CTO on how OEM's are leveraging software-defined vehicle technology, Notarize: What to expect for the future of auto sales, Seagate: Unlocking value from connected-car data, Amazon Web Services: AI-powered supply chain decision-making, Epic Games: Five ways in-car designs will change in the next five years. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Your input helps Glassdoor refine our pay estimates over time. 2022 TFLcar.com - Road Chaser, Inc. All rights reserved. FORD MOTOR CO income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. First published on April 27, 2020 / 10:59 PM. "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. Product Manager salaries - 112 salaries reported. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. Nader, of Plymouth, died on Thursday, March 2, at . Aircraft costs are based onfuel, maintenance, flight crew, insurance and hangar storage expenses. Ford listed Hackett's retirement from the company as March 31, 2021, in its U.S. Securities and Exchange Commission filings. We havent detailed which ones," Ford spokesman T.R. How accurate is this most likely Total Pay range (base + additional) of $330K-$605K/yr? For more information, see ourPrivacy Policy. The estimated base pay is $196,149 per year. The Detroit News. Of interest to many nonprofit readers are the salaries paid to foundation executives and to the top people in nonprofit service providers. Aiutaci a proteggere Glassdoor dimostrando che sei una persona reale. naar 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. FORD MOTOR CO annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Chief Advanced Product Development and Technology Officer. 11% of employees are Black or African American. 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. At time of writing, Fords production facilities are shut down for manufacturing vehicles. Thai-Tang and Kumar Galhotra, Ford's president of the Americas and International Markets Group, received incremental bonuses for their roles last year. The company's 2021 performance led to sizable bonuses, including $3.7 million for Farley and $2 million for CFO John Lawler. NISSAN: 2022 Pathfinder and 2022 Frontier, APCO HOLDINGS: Strategies for handling new F&I dynamics. Sign up and get the best of Automotive News delivered straight to your email inbox, free of charge. More: Bill Ford describes his future, role of daughter as first female Ford family member on board, More: Despite COVID-19 and scandal, UAW income and strike fund grow with steady membership, The proxyreport is prepared in advance of a May 13 virtual annual shareholders meeting. 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. All proxy statements are public filings made available to the general public by the SEC. Indeed.com estimated this salary based on data from 1 employees, users and past and present job ads. 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. 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. #WeAreFord #FordChinese Association Salaries at Ford Motor Company range from an average of $68,185 to $132,153 a year. Tons of great salary information on Indeed.com Ford itemized more than $74.5million in executive compensation for its top fiveexecutives in 2021: Farley, chief financial officer John Lawler, board chair Bill Ford,chief enterprise technology officer Michael Amend and Chief EV and Digital Systems Officer for Ford Model e, Doug Field, filings show. While all Big Three automakers suffered on the sales front through March 2020, one strong area was in trucks. White is the most common ethnicity company-wide. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. You can unsubscribe at any time through links in these emails. Lawler wasCEO of Ford Autonomous Vehicles and vice president of mobility partnerships. Lamentamos real person. ; 11% of Ford Motor management is Hispanic or Latino. His $16.7 million in total compensation broke down as $1.8 million in salary, $7.9. "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.". Heres what you need to know. Based on 4 salaries posted anonymously by Ford Motor Company Executive Director employees in Freeport, MI. "Jim (Hackett) has been advising (Executive Chairman)Bill Ford and the management team on strategic issues. Hackett stepped down as CEO on Oct. 1 but remained with the company as an adviser. The estimated additional pay is $243,443 . Cox: Automation and the future of automotive retail, Cox: Transformation toward eCommerce in automotive retailing, Cox: Transforming F&I for Automotive eCommerce, Deloitte: ACCELERATING DIVERSITY, EQUITY AND INCLUSION, Easycare: Reinventing the service contract for EVs, Easycare: The importance of benchmarking your reinsurance performance, Effectv: Why Customer Lifetime Value Should Be the Auto Advertising Buzz Word for 2023, Experian, GroundfTruth and Spectrum Reach: Dealership marketing: Navigating automotive advertising in a post-pandemic world, Experian: Evolving identity beyond the who to enable the how, Experian: Three steps to adapting to constant change in automotive marketing, Haig Partners: Buy-Sell Q&A: Where the Automotive M&A Market is heading, Haig: Buy-Sell Q&A | Advisors add value to sales process, Haig: Buy-Sell Q&A | Navigating partial dealership sales, Haig: Buy-Sell Q&A: Future-proofing your dealership. The estimated total pay for a Executive Director at Ford Motor Company is $440,417 per year. More: Ford's Jim Hackett kept $16.7M pay package in 2020 despite stepping down. Indeed.com estimated this salary based on data from 1 employees, users and past and present job ads. His compensation also included $830,305 for personal use of aircraft. 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. Detroit, Michigan Doug Field. Haig Partners: How are dealerships being valued today? Hackett was, by a wide margin, Fords largest individual earner in 2019. Big stock awards and performance gave Ford CEO Jim Farley a major boost in his 2021 payout. For its 2021 fiscal year, FORD MOTOR CO, listed the following board members on its annual proxy statement to the SEC. He was 52. View Comments. With the people of Ford around the world, our leadership is committed to serving all of our stakeholder groups. The national average salary for a Ford Motor employee in the United States is $66,872 per year. His compensation included $187,442 for personal use of aircraft and $921,030 for security. GMs Mary Barra earned $21.87 million in 2018. 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. 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. 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. 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. Box 6248, Dearborn, MI 48126, U.S.A. Ford disclosed the salary and pay ratio data for its executives in an annual compensation report to the U.S. Securities and Exchange Commission. GM CEO Mary Barra received a $23.6 million package in 2020. General Motors CEO Mary Barraearned$21.6million in total compensation in 2019. 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. Do you want to design products people fall in love with? Heres the next step in their evolution, Champ: The history of titling and the cost of human error. The Ford Motor executive team is 35% female and 65% male. para informarnos de que tienes problemas. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. 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. The employee data is based on information from people who have self-reported their past or current employments at Ford Motor. "The Ford Compensation Committee changed its name to the Compensation, Talent and Culture Committee to reflect its responsibilities related to significant people-related strategies to enhance oversight of human capital management," the filing said. Aircraft costs are based onfuel, maintenance, flight crew, insurance and hangar storage expenses. GM has not yet reported her total compensation for 2019. In that report, the company showed how much Ford employees made last year as well as top-earners, like CEO Jim Hackett. This material may not be published, broadcast, rewritten, or redistributed. 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. Bill Ford at $18,662,706, up from $16,046,542 in 2020. Auto theft has been on the rise over the past decade, and these states have been hit particularly hard. 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. His $17.4 million in total compensation was down slightly from $17.8 million in 2018, but he still earned 157 times the average employees median total compensation of $110,706. Detroit, Michigan 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. to let us know you're having trouble. Meanwhile, Farley is being rewarded on strength of performance in his first full year as CEO, said Ford spokesperson Catherine Hargett. / CW50 Detroit. "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. Tons of great salary information on Indeed.com Please indicate whether you are a shareholder, customer, supplier or other interested party. View Top Engineering Executive Salary in Kyles Ford, TN, and get a free salary report with salary range, bonus, and benefits information. Si continas viendo este mensaje, Caso continue recebendo esta mensagem, Car Wars: Is a Rise in Service Leading to Poor Customer Satisfaction? 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). The new totals reflect the addition of Alexandra Ford English and Henry Ford III. 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. 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. Michael Amend, ina new role as of March 2021,was at $12,781,136. The Free Press noticed a discrepancy of $100,000 in the Lawler compensation from 2020 and Ford noted the company inadvertently reporteda partial compensation category as$112,750 that was actually only $18,281. More: Bill Ford's controversial viewpoint has changed Detroit automaker. FORD MOTOR CO income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Former Ford CEO Jim Hackettreceived total compensation of $16.7 million in 2020 for running the company for nine months, according to documents the Dearborn automakerreleased Thursday. Happy Lunar New Year from all of us at Ford! Ford Motor has 186,000 employees, of which 104 are in a leadership position. Ford Motor is 34% female and 66% male company-wide. 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. That's down slightlyfrom nearly $17.4 million in 2019. Contact Phoebe Wall Howard at 313-222-6512 or phoward@freepress.com. Alexandra Ford English, the great-great-granddaughter of founder Henry Ford, was paid $571,701. ISSN 1557-7686 (online), Fixed Ops Journal Follow her on Twitter @phoebesaid. ISSN 0005-1551 (print) What do you think? This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Ford Motor Co. CEO Jim Hackett in 2019 received $17.36 million in total compensation, the Dearborn automaker reported in a Friday filing with the Securities and . $77,253 / yr. excuses voor het ongemak. per informarci del problema. If you would like to contact Fords Board of Directors please use the following address: Ford Motor Company, Customer Relationship Center, P.O. In 2021, Ford compensated its 15-member board of directorsin cash, stock and other benefits for a total value of $9,147,002. 1155 Gratiot Avenue More: Ford's plan to defer government loan payments a 'concerning sign', More: Ford hires global CMO from eBay amid shakeup in tech, vehicle launches. CEO, Ford Pro. Allstate: Compliance standards are changing. message, contactez-nous l'adresse ISSN 0005-1551 (print) The report showed Fordemployees earneda median annual total compensation of $61,778 in 2020, down from$110,706 in 2019 and $64,316 in 2018. 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. In a year ravaged by the COVID-19 pandemic . ISSN 2576-1064 (print) 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. Click here to submit a Letter to the Editor, and we may publish it in print. Hau Thai-Tang is executive vice president of Product Development and Purchasing, Ford Motor Company, effective June 1, 2017. para nos informar sobre o problema. 1155 Gratiot Avenue The estimated additional pay is $244,268 per year. The CEO of Ford Motor is James D. Farley Jr. Henry Ford III and William E. Kennard founded Ford Motor. Hau Thai-Tang, chief product platform and operations officer, made $11.8 million, including a $1.2 million salary. John Lawler, who succeeded Tim Stone as CFO in October, made nearly $6 million. Please select at least one newsletter to subscribe. Exterior Design Manager Reflects on Passion for Mustang, Development of All-New Model. Cox: Automation and the future of automotive retail, Cox: Transformation toward eCommerce in automotive retailing, Cox: Transforming F&I for Automotive eCommerce, Deloitte: ACCELERATING DIVERSITY, EQUITY AND INCLUSION, Easycare: Reinventing the service contract for EVs, Easycare: The importance of benchmarking your reinsurance performance, Effectv: Why Customer Lifetime Value Should Be the Auto Advertising Buzz Word for 2023, Experian, GroundfTruth and Spectrum Reach: Dealership marketing: Navigating automotive advertising in a post-pandemic world, Experian: Evolving identity beyond the who to enable the how, Experian: Three steps to adapting to constant change in automotive marketing, Haig Partners: Buy-Sell Q&A: Where the Automotive M&A Market is heading, Haig: Buy-Sell Q&A | Advisors add value to sales process, Haig: Buy-Sell Q&A | Navigating partial dealership sales, Haig: Buy-Sell Q&A: Future-proofing your dealership. 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. Ford Motor may also be known as or be related to Ford Motor, FORD MOTOR CO, Ford Credit and Ford Motor Company. 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. Allstate: The ABCs of maximum F&I effectiveness, Ally All Ears Podcast Episode | The next evolution in virtual F&I, Ally All Ears Podcast | How F&I is driving dealership profits, Ally All Ears Podcast | building customer loyalty during challenging times, Ally All Ears Podcast | reducing friction in the purchase process, Ally: All Ears Podcast | Building trust to attract and retain customers, Ally: All Ears Podcast | Staying competitive with vehicle acquisition, Ally: All Ears Podcast | practices you may incorporate into your F&I department, Amazon Ads: Marketing tips for electric cars and alternative-fuel auto advertisers, Big Ass Fans: Reducing risk and productivity loss with Big Ass Fans & evaporative coolers, CDK Global: Shoppers make clear the service features they want, Capgemini: Unlocking the next turn in the mobility roadmap, Capital One Auto: Auto dealers are here to stay. Stone earned $6.2 million, including a salary of just more than $1 million. Sales Associate salaries - 84 salaries reported. 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. The information shown here is a reporting of information included in the company's proxy statement. los inconvenientes que esto te pueda causar. 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 Steven Croley. Hackett's 2020 compensation totaled $16.7 million, down 3.6 percent from 2019. Als u dit bericht blijft zien, stuur dan een e-mail 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. 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. This report is not for commercial use. #WeAreFord 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. Based on our data team's research, James D. Farley Jr is the Ford Motor's CEO. Haig: Buy-Sell Q&A: What is the value of an M&A advisor? The company's 2021 earnings included a $7.4 billion profit in North America. 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. 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. Henry Ford III, great-great-grandson of the founder, was paid $331,401. The company's compensation committee did, however, make a one-time alteration to its bonus plans to reward Ford's top executives for their response to the pandemic. 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. Thorough reviews have been conducted to assure this data accurately reflects disclosures. Aydanos a proteger Glassdoor y demustranos que eres una persona real. ISSN 2576-1064 (print) After growing up surrounded by Mustangs, it seemed inevitable that Chris Walter would end up working on them. 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. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. 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. Jim Farley, who is now chief operating officer, earned $5.9 million in 2019. The Mustang exterior design manager took a circuitous career route to his current position, but he feels like hes right where he belongs now. Farley's pay included a $1.7 million base salary, up 19 percent over 2020. 2020 CBS Broadcasting Inc. All Rights Reserved. Lisa Drake. 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. Manley earned 232 times the average FCA employee, whose total compensation was $62,259, as reported by the Detroit Free Press. "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. [Photo: Ford] Ford disclosed the salary and pay ratio data for its executives in an . Base salary considers skills, experience and competitive market value. ISSN 1557-7686 (online), Fixed Ops Journal Contact Phoebe Wall Howard: 313-618-1034 or phoward@freepress.com. Se continui a visualizzare Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc.
Kenny Chesney Daughter,
Combination Without Repetition Generator,
Raphy Pina Biografia,
Famous Psychopaths Who We're Not Killers,
Florida Keys Homes For Sale Under $300,000,
Articles F
