This report is not for commercial use. There are 39 older and 4 younger executives at Abbott Laboratories. Robert B. Ford Net Worth Mr. Robert B. Ford biography. The estimated Net Worth of Robert B Ford is at least $39.1 Million dollars as of 25 August 2022. There are 1 executives at Abbott Laboratories getting paid more, with MilesWhite having the highest compensation of $27,802,800. As the Chairman of Abbott Laboratories, Mr. Ford earned a total compensation package of $24,914,886.00 in 2021. Click here to get the full experience on your screen. Over the last 23 years, insiders at Abbott Laboratories have traded over $365,964,884 worth of Abbott Laboratories stock and bought 1,028,477 units worth $44,923,618 Abbott has hit some hurdles in its nutritional products segment since the U.S. Food & Drug Administration and the U.S. Centers for Disease Control & Prevention opened an investigation in February into the companys production of baby powder formulas at a Sturgis, Mich., manufacturing plant. Abbott is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement of the linked site by Abbott. Learn More on Robert B. Ford's salary. To be detailed, the average return of stocks after 3 months bought by Robert B Ford is 15.4%. He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. Products include pacemakers, implantable cardioverter defibrillators, neuromodulation devices, coronary stents, catheters, infant formula, nutritional liquids for adults, molecular diagnostic platforms, and immunoassays and point-of-care diagnostic equipment. Mr. Ford earned a bachelor's degree from Boston College and a master's degree in business administration from UC Berkeley, Haas School of Business. Our 109,000 colleagues serve people in more than 160 countries. , There are 40 older and 3 younger executives at Abbott Laboratories. ARLINGTON, Va., Oct. 5, 2021 /PRNewswire/ -- The Consumer Technology Association (CTA) today announced that Abbott President and CEO Robert B. Ford will deliver a . Learn More on Robert B. Ford's trading history. , Robert B Ford is the Senior Vice President of Abbott Laboratories. The shares were sold at an average price of $105.10, for a transaction totalling $10,764,867.50. As of 25 August 2022 he still owns at least 244,496 units of Abbott Laboratories stock. Mr. Ford earned a bachelor's degree from Boston College and a master's degree in business administration from UC Berkeley, Haas School of Business. Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. Information on this page was last updated on 2/22/2023. The Nutritional Products segment caters to the worldwide sales of adult and pediatric nutritional products. This net worth estimate does not reflect any other investments that Mr. Ford may own. World leaders must find new sources of minerals, such as copper, essential to their transition to energy independence. He joined Abbott's Diagnostics division in 1996 as a Business Unit Manager in Diabetes Care. Investors constantly hear that lithium is the key to powering our transition to electric vehicles and clean energy. Robert B. Ford is on the board of California Biomedical Innovation Alliance and President, CEO, Chief Operating Officer & Director at Abbott Laboratories and Executive Vice President-Medical Devices at Abbott Diabetes Care, Inc. Mr. Ford previously occupied the position of Manager-Diagnostics Business Unit at Abbott Laboratrios do Brasil Ltda. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. He will become the 13th CEO in the company's 131-year history. . The estimated net worth of Robert B. Ford is at least $14.45 million as of August 25th, 2022. . You can see the complete history of Mr. Ford stock trades at the bottom of the page. Mr. Ford owns over 102,425 units of Abbott Laboratories stock worth over $26,852,996 and over the last 9 years he sold ABT stock worth over $2,638,762. Chicago, IL 60601 Mr. Ford earned a salary of $1,482,692.00, stock awards of $8,689,294.00, options awards of $8,689,978.00, non-equity compensation of $3,168,400.00, and other compensation of $129,179.00. Over the last 23 years, insiders at Abbott Laboratories have traded over $365,964,884 worth of Abbott Laboratories stock and bought 1,028,477 units worth $44,923,618 He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. The most recent insider tranaction occured on February, 22nd when SVP Julie L Tyler sold 260 shares worth more than $26,842.40. Chicago, Illinois Robert Ford's listing in the Class of 2015 student directory identified him as vice president, Abbott Diabetes Care. But America hasn't produced any graphite since the 1950s. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. Robert B Ford made The most active insiders traders include Miles D White, Richard A Gonzalez, and Jeffrey M Leiden. brought Learn More on Robert B. Ford's trading history. The Most Powerful Women In Chicago Business. The company was founded by Wallace Calvin Abbott in 1900 and is headquartered in Abbott Park, IL. Mr. Ford owns over 102,425 units of Abbott Laboratories stock worth over $25,112,184 and over the last 9 years he sold ABT stock worth over $2,638,762. The Established Pharmaceutical Products segment refers to the international sales of a line of branded generic pharmaceutical products. [2], Ford joined Abbott in 1996 within its diabetes care business, later heading the company's medical device businesses, and Abbott's integration of St. Jude Medical in 2017, its largest acquisition at the time. It operates through the following segments: Established Pharmaceutical Products, Nutritional Products, Diagnostic Products, and Medical Devices. The rest of his pay was made up of more than $17 million in stock options and stock awards, about $3.16 million in cash bonuses and $2.7 million in pension earnings. Learn More on Robert B. Ford's salary. 1 transactions in Abbott Laboratories (ABT) over the past 5 years, including 0 buys and 1 sells. No use of any Abbott trademark, trade name, or trade dress in this site may be made without the prior written authorization of Abbott, except to identify the product or services of the company. Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. The current estimated net worth of Abbott Laboratories's CHAIRMAN AND CEO, Robert B Ford, is estimated to be about $32.44M . Robert's mailing address filed with the SEC is 100 ABBOTT PARK ROAD, , ABBOTT PARK, IL, 60064. As a result, the site may contain information on pharmaceuticals, medical devices and other products or uses of those products that are not approved in other countries or regions. Robert is currently 12 years old. The most active insiders traders include Miles D White, Richard A Gonzalez, and Jeffrey M Leiden. [6][7] He stated that the sale of medical devices such as FreeStyle Libre and diagnostics would be prioritized while CEO as well as developing technology to monitor consumer health through smartphones and other connected devices. In addition, he makes $11,897,900 as President, Chief Executive Officer, and Director at Abbott Laboratories. This chart shows Robert B Ford's buying and selling at Abbott Laboratories by year and by quarter. The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. [1] He received a bachelor's degree from Boston College and an MBA in business administration from at Berkeley 's Haas School of Business. Abbott Laboratories executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens. It operates through the following segments: Established Pharmaceutical Products, Nutritional Products, Diagnostic Products, and Medical Devices. Share. and stock awards worth $12 million under a long-term incentive plan covering the three-year period ended in 2019. Robert Ford Net Worth The estimated Net Worth of Robert B Ford is at least Abbott Laboratories stock worth over $5,687,137 and over the . What is the salary of Mr Ford? You can select different timeframes to see how Robert B Ford's insider trading performs compared to the benchmark. Putin's invasion of Ukraine has revealed the West's dependence on Russia for their energy needs. Mr. Ford earned a salary of $1,482,692.00, stock awards of $8,689,294.00, options awards of $8,689,978.00, non-equity compensation of $3,168,400.00, and other compensation of $129,179.00. [1] He received a bachelor's degree from Boston College and an MBA in business administration from at Berkeley's Haas School of Business. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. The Diagnostic Products segment markets diagnostic systems and tests for blood banks, hospitals, commercial laboratories, and alternate-care testing sites. GuruFocus.com is not operated by a broker or a dealer. Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. and But the bigger risk would have been not having these tests to fight the pandemic. Of this total $1,482,692 was received as a salary, $3,168,400 was received as a bonus, $8,689,978 was received in stock options, $8,689,294 was awarded as stock and $129,179 came from other types of compensation. Billions could be poured into exploration companies searching for new U.S. deposits. Abbott Laboratories executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. Abbott Laboratories can also be reached via phone at (224) 667-6100. The corporate mailing address for Mr. Ford and other Abbott Laboratories executives is 100 ABBOTT PARK ROAD D-322 AP6D, ABBOTT PARK IL, 60064. In addition, he makes $11,897,900 as President, Chief Executive Officer y Director at Abbott Laboratories. The most recent insider tranaction occured on February, 22nd when SVP Julie L Tyler sold 260 shares worth more than $26,842.40. Abbott Laboratories engages in the discovery, development, manufacture, and sale of a broad and diversified line of health care products. The company introduced its first two tests in March 2020 and delivered more than 400 million in 2020. [12], On December 10, 2021, Ford was elected as chairman of the board for Abbott.[13]. a net Its portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. On this episode of Yahoo Finance Presents, Abbott President & CEO Robert Ford, sat down with Yahoo Finance's Anjalee Khemlani to discuss Abbott's upcoming keynote address at CES 2022 and COVID-19 test pricing and supply chain challenges. 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