Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. 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. 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. 48207-2997, Automotive News 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 . CFO Bob Shanks, who was replaced by. Meanwhile, Farley is being rewarded on strength of performance in his first full year as CEO, said Ford spokesperson Catherine Hargett. 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. Click here to submit a Letter to the Editor, and we may publish it in print. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. Lamentamos Coupled with an EBIT margin of 7.3 percent, it was Ford's strongest performance since 2016. Sie weiterhin diese Meldung erhalten, informieren Sie uns darber bitte per E-Mail Chief Policy Officer and General Counsel. Meet members of the Ford Chinese Association and find out their favorite Lunar New Year traditions. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. 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. 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. GM CEO Mary Barra received a $23.6 million package in 2020. Contact Phoebe Wall Howard at 313-222-6512 or phoward@freepress.com. 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. 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. CEO Jim Hackett was Ford's top earner, taking home $17.4 million in 2019, according to recent SEC disclosures. Yes, I'd like to receive email communications on editorial features, special offers, research and events and webinars from Automotive News. That's up from $8,361,479 in 2019. 2020 CBS Broadcasting Inc. All Rights Reserved. The Ford Motor executive team is 35% female and 65% male. "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. 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. Ford's biggest individual earner last year was Hackett, who served as CEO from May 2017 to last October. Tons of great salary information on Indeed.com Vice President, EV Industrialization, Ford Model e. James D. Farley, Jr. President and Chief Executive Officer. 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. Non-Executive Chairman and Co-Founder of Velocitas Partners, Executive Vice President of Product Development & Purchasing. Tons of great salary information on Indeed.com 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). NISSAN: 2022 Pathfinder and 2022 Frontier, APCO HOLDINGS: Strategies for handling new F&I dynamics. CEO, Ford Pro. The changes would apply to Galhotra, CEO Jim Farley, Executive Chair Bill Ford Jr. and other senior leaders. Ford Motor has 186,000 employees, of which 104 are in a leadership position. las molestias. 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. 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). Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. ein Mensch und keine Maschine sind. Fiat Chrysler Automobiles paid CEO Mike Manleymore than $14.4 million in total compensation in 2019. [Photo: Ford] Ford disclosed the salary and pay ratio data for its executives in an . Executive Summary. excuses voor het ongemak. "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. Contact Phoebe Wall Howard: 313-618-1034 or phoward@freepress.com. Salaries at Ford Motor Company range from an average of $68,185 to $132,153 a year. The estimated total pay for a Executive Director at Ford Motor Company is $440,023 per year. "Those topics can be competitively sensitive, especially in a period of industry transition.". Follow her on Twitter @phoebesaid. Detroit, Michigan Product Manager salaries - 112 salaries reported. GMs Mary Barra earned $21.87 million in 2018. "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. Reid emailedthe Free Press in March. 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. Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. Heres what you need to know. 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. 11% of employees are Black or African American. 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. 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. Additional pay could include bonus, stock, commission, profit sharing or tips. Ford's biggest individual earner last year was Hackett, who served as CEO from May 2017 tolastOctober. The company's 2021 earnings included a $7.4 billion profit in North America. Galhotra made $8.5 million in 2020, including an $865,000 salary. Thai-Tang and Kumar Galhotra, Ford's president of the Americas and International Markets Group, received incremental bonuses for their roles last year. 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. Concentrix: How can customer data drive a better automotive CX? His compensation included $187,442 for personal use of aircraft and $921,030 for security. 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. $87,464 / yr. Stellantis CEO Carlos Tavares made $21M in 2021. Lawler wasCEO of Ford Autonomous Vehicles and vice president of mobility partnerships. View Top Engineering Executive Salary in Kyles Ford, TN, and get a free salary report with salary range, bonus, and benefits information. 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. Hackett's 2020 compensation totaled $16.7 million, down 3.6 percent from 2019. Both were scheduled to be released this year. Wir entschuldigen uns fr die Umstnde. Executive Chairman Bill Ford's total compensation declined 4.2 percent to $16 million. 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. March 18, 2022 11:26 AM Michael Martinez Ford CEO Jim Farley DETROIT Ford Motor Co. CEO Jim. 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. Bill Ford at $18,662,706, up from $16,046,542 in 2020. Fords global purchasing organization is responsible for more than $100 billion in annual spending on production and non-production goods and services around the world.Thai-Tang also has more than 25 years in Product Development, including serving as vice president, Engineering for Global Product Development. 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. 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. $121,049 / yr. Ford College Graduate salaries - 97 salaries reported. This report is not for commercial use. Lawler's compensation included a $715,000 salary and $27,313 for evaluation vehicles. ISSN 0005-1551 (print) It's the Year of the Rabbit! Dianne Craig. It's the Chevy Bolt vs MINI SE by someone who actually used both for daily drivers. an. That's down slightlyfrom nearly $17.4 million in 2019. Aydanos a proteger Glassdoor y demustranos que eres una persona real. Indeed.com estimated this salary based on data from 1 employees, users and past and present job ads. to let us know you're having trouble. 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. Read more on Ford and sign up for our autos newsletter. Have an opinion about this story? 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.
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