Ci The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. 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. Concentrix: How can customer data drive a better automotive CX? See more newsletter options at autonews.com/newsletters. Follow her on Twitter @phoebesaid. 2023 CBS Broadcasting Inc. All Rights Reserved. How Much Does Ford Motor Company Pay in 2023? (12,983 Salaries Your input helps Glassdoor refine our pay estimates over time. Bill Ford at $18,662,706, up from $16,046,542 in 2020. "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.". GM CEO Mary Barra received a $23.6 million package in 2020. Nader, of Plymouth, died on Thursday, March 2, at . Alpha One Ford Executive Assistant Salaries in the United States Sie weiterhin diese Meldung erhalten, informieren Sie uns darber bitte per E-Mail White is the most common ethnicity company-wide. His compensation also included $400,895 for personal use of aircraft and $1.3 million for security. [Photo: Ford] Ford disclosed the salary and pay ratio data for its executives in an . The company's 2021 earnings included a $7.4 billion profit in North America. Joseph "Chef Joe" Nader Jr., executive chef and former owner of a well-known chocolatier business and a meal prep business, has died. Can someone explain levels hierarchy at Ford? Aydanos a proteger Glassdoor verificando que eres una persona real. Yes, I'd like to receive email communications on editorial features, special offers, research and events and webinars from Automotive News. Join us today at www.careers.ford.com and celebrate with us! Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Allstate: Compliance standards are changing. 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Here are further demographic highlights of the leadership team: The Henry Ford Health System executive team is 44% female and 56% male. Stone, who was hired April 15 and assumed his CFO role June 1: $8.32 million. The Times-Union compiled a list of the. NISSAN: 2022 Pathfinder and 2022 Frontier, APCO HOLDINGS: Strategies for handling new F&I dynamics. Executive Chairman Bill Ford's total compensation declined 4.2 percent to $16 million. FORD MOTOR CO income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Concentrix: How can customer data drive a better automotive CX? 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. scusiamo se questo pu causarti degli inconvenienti. "His CEO compensation is 90% performance based and is in line with his industry peers.". Si vous continuez voir ce 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). Stellantis CEO Carlos Tavares made $21M in 2021. Here are further demographic highlights of the leadership team: The Ford Motor executive team is 35% female and 65% male. The new totals reflect the addition of Alexandra Ford English and Henry Ford III. 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. Additional pay could include bonus, stock, commission, profit sharing or tips. The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. "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. 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. Fiat Chrysler Automobiles CEO Mike Manley received $14.4 million in 2019, including a $1.3 million bonus and a long-term incentive totaling $9.6 million. You may also find the annual proxy statement by going directly to the company's website. 2022 TFLcar.com - Road Chaser, Inc. All rights reserved. Base salary is twice-monthly pay that is determined on a competitive basis and adjusted according to performance, job scope and responsibility, and position-in-range. 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 2016, HFHS reported having 21,462 employees who were compensated $1.5 billion (about half of total reported revenue), which equates to an average compensation of $70,500. At time of writing, Fords production facilities are shut down for manufacturing vehicles. 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. 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. $121,049 / yr. Ford College Graduate salaries - 97 salaries reported. 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. 12% of the management team is Black or African American. For more information, see ourPrivacy Policy. Happy Lunar New Year from all of us at Ford! The Detroit News. 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. 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. Si continas recibiendo este mensaje, infrmanos del problema 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. Please select at least one newsletter to subscribe. 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. 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. William Ford: Executive: Republican Party: $14,200: Henry Ford: Sales/Marketing: Democratic Party: $14,000 . His base salary of $1.7 million was unchanged, but his stock awards more than doubled to $13.8 million. Haig Partners: How are dealerships being valued today? ISSN 0005-1551 (print) Average Salaries at Ford Motor Company Popular Roles Automotive Technician $22.33 per hour Finance Manager $143,887 per year Engineering Supervisor $143,950 per year Installation & Maintenance Technician $18.87 per hour Mechanic $20.12 per hour Maintenance Supervisor $41.64 per hour Software Development Software Engineer $92,535 per year "Specifically, the financial performance of the company was above plan despite production losses due to the semiconductor supply shortage, the dividend was reinstated in the fourth quarter of 2021, and significant efforts were made to strengthen the balance sheet by repurchasing and redeeming $7.6 billion of high-cost debt, deleveraging the balance sheet and significantly reducing our ongoing interest expense.". Car Wars: Is a Rise in Service Leading to Poor Customer Satisfaction? FORD MOTOR CO income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Kumar Galhotra, president of the Americas and International Markets Group, earned $8,534,094. In this week's "Ask Nathan," Modular EV Truck, Using Tires for Disaster Recovery, and Wrenching on Our Own Cars? Hau Thai-Tang is executive vice president of Product Development and Purchasing, Ford Motor Company, effective June 1, 2017. Average Ford Motor Company Salary | PayScale 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. Thorough reviews have been conducted to assure this data accurately reflects disclosures. 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The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. ISSN 2576-1064 (print) Aircraft costs are based onfuel, maintenance, flight crew, insurance and hangar storage expenses. How much Ford's CEO, other top executives made in 2020 - Automotive News 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. Heres the next step in their evolution, Champ: The history of titling and the cost of human error. Lawler's compensation included a $715,000 salary and $27,313 for evaluation vehicles. 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. All proxy statements are public filings made available to the general public by the SEC. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. See more newsletter options at autonews.com/newsletters. 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. Click here to submit a Letter to the Editor, and we may publish it in print. The estimated total pay for a Executive Director at Ford Motor Company is $440,417 per year. 2,231 employees received more than $100,000 in compensation with the 17 most highly compensated employees listed below: $4,746,145: Nancy M Schlicting, CEO, Trustee 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. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. 1155 Gratiot Avenue #WeAreFord #FordChinese Association Vice President, EV Industrialization, Ford Model e. James D. Farley, Jr. President and Chief Executive Officer. John Lawler, who replaced Stone as CFO on Oct. 1, at $5,983,141. 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 an. 1155 Gratiot Avenue real person. You can unsubscribe at any time through links in these emails. 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. (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. 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. Hau Thai-Tang, chief product platform and operations officer, made $11.8 million, including a $1.2 million salary. Its just such a special thing to be part of, Chris says. 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. Content in this story was edited after publishing. Indeed.com estimated this salary based on data from 1 employees, users and past and present job ads. Disculpa Ford Motor has 186,000 employees, of which 104 are in a leadership position. Stone earned $6.2 million, including a salary of just more than $1 million. 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. message, contactez-nous l'adresse 11% of employees are Black or African American. Know Your Worth. Box 6248, Dearborn, MI 48126, U.S.A. ", More: Ford puts 4 properties on the selling block, 35 sites under review in Dearborn area, More: Michigan Central Station on track for 2022 finish: 'This is a Phoenix rising'. / CW50 Detroit. 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. Meanwhile, the company will double bonuses for lower-level employees, from 54% of their . Lamentamos 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. Big Compensation Packages for Some Big Detroit Area Nonprofits "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. 62% of the management team is White. ; 10% of the management team is Black or African American. While Hackett did earn a substantial amount, he hasnt been the highest-earning automotive executive among the Big Three. Fiat Chrysler Automobiles paid CEO Mike Manleymore than $14.4 million in total compensation in 2019. That total consists of a $1.4 million base salary, $5.1 million in stock awards, and around $4.2 million in other awards. para nos informar sobre o problema. "Jim (Hackett) has been advising (Executive Chairman)Bill Ford and the management team on strategic issues. In a year ravaged by the COVID-19 pandemic . Doug Field. 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. You can unsubscribe at any time through links in these emails.
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