Thelower amountin this years filingreflects whatLawler actually received. Ford Motor Company Executive Director Salaries in Freeport, MI Coronavirus: Ford warns of potential job cuts, to defer some salaries Allstate: Compliance standards are changing. For more information, see ourPrivacy Policy. Join us today at www.careers.ford.com and celebrate with us! The company's 2021 performance led to sizable bonuses, including $3.7 million for Farley and $2 million for CFO John Lawler. PDF 2022 New Hire Benefits Summary - Ford Corporate "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.". Heres the next step in their evolution, Champ: The history of titling and the cost of human error. Neither General Motors nor Stellantis have released their executive compensation packages for 2020. 2022 TFLcar.com - Road Chaser, Inc. All rights reserved. enva un correo electrnico a Executive Compensation at Henry Ford Health System FORD MOTOR CO Executive Salaries & Other Compensation - Salary.com 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. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Ford releases 2020 salaries, comp pay for executive team Know Your Worth. Responses will be sent to those that include a return address, as appropriate. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Indeed.com estimated this salary based on data from 1 employees, users and past and present job ads. The new totals reflect the addition of Alexandra Ford English and Henry Ford III. Ford's biggest individual earner last year was Hackett, who served as CEO from May 2017 tolastOctober. 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. Manley earned 232 times the average FCA employee, whose total compensation was $62,259, as reported by the Detroit Free Press. Ford to double bonus payments for some salaried employees after outcry The most common ethnicity among Ford Motor executive officers is White. Executive chairman Bill Ford received $16.8 million, while Joe Hinrichs (president, Automotive) was paid $11 million. Ford's Top Executives Partially Defer Their Salaries, After Earning His compensation also included $830,305 for personal use of aircraft. ISSN 1557-7686 (online), Fixed Ops Journal Haig Partners: How are dealerships being valued today? His responsibilities expanded last year. los inconvenientes que esto te pueda causar. Would you like to work at a company with active employee resource groups and opportunities to learn about and enjoy a variety of cultures? Lamentamos Edsel B. Ford IIwas paid $811,469. Alpha One Ford Executive Assistant in the United States makes about $51,689 per year. ISSN 2576-1064 (print) Aydanos a proteger Glassdoor verificando que eres una persona real. 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. Farley held multiple leadershiproles in 2020, including president of new business, technology and strategy as well aschief operating officer. In A Wave Of Awful Car Sales, Tesla Still Managed A Strong Performance, The BMW R18 Is A Modern Throwback With The Brands Most Powerful Boxer Engine Ever, Auto Theft Is a Growing Epidemic, And You Really Need to Watch Out In These States, The Final Dodge Last Call Model Is Almost Here and Its Packing 7.1 Extra Pounds ofSomething, Nissan Recall: More Than 800,000 Rogue, Rogue Sport Models May Have Ignition Key Problem. Sales Executive - Hinderliter de Llamas & Associates 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. Meet members of the Ford Chinese Association and find out their favorite Lunar New Year traditions. The employee data is based on information from people who have self-reported their past or current employments at Ford Motor. Executive Chairman Bill Ford's total compensation declined 4.2 percent to $16 million. The estimated base pay is $196,149 per year. Concentrix: How can customer data drive a better automotive CX? questo messaggio, invia un'email all'indirizzo Sign up and get the best of Automotive News delivered straight to your email inbox, free of charge. Your input helps Glassdoor refine our pay estimates over time. More: Bill Ford's controversial viewpoint has changed Detroit automaker. Als u dit bericht blijft zien, stuur dan een e-mail That's down slightlyfrom nearly $17.4 million in 2019. Si continas recibiendo este mensaje, infrmanos del problema 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. [Photo: Ford] Ford disclosed the salary and pay ratio data for its executives in an . 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. 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. "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. 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. Detroit, Michigan Non-Executive Chairman and Co-Founder of Velocitas Partners, Executive Vice President of Product Development & Purchasing. 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. How Much Does Ford Motor Company Pay in 2023? (12,983 Salaries 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. Vice President, EV Industrialization, Ford Model e. James D. Farley, Jr. President and Chief Executive Officer. 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). pour nous faire part du problme. 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. The increase is largely attributed to Farley's stock awards, which more than tripled to about $16 million, according to the company's annual proxy statement filed Friday. / CW50 Detroit. FORD MOTOR CO income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. He was 52. If you would like to contact Fords Board of Directors please use the following address: Ford Motor Company, Customer Relationship Center, P.O. Despite challenges from semiconductor shortages, Ford posted 2021 net income of $17.9 billionafter racking up a $1.3 billion loss in 2020 as the pandemic spread. GM CEO Mary Barra received a $23.6 million package in 2020. Haig: Buy-Sell Q&A: What is the value of an M&A advisor? And also salary ranges/ benefits for those levels?Current TC: 95k 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. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. Wenn Ford reports CEO Jim Hackett, executives 2019 compensation envie um e-mail para Get started with your Free Employer Profile, average salary for an Executive Director is $129,383 per year in United States, The Ultimate Job Interview Preparation Guide. Henry Ford Health System Leadership: Executives and Demographics - Zippia $87,464 / yr. Ford reported Farley's CEOpay as$12,491,540 when annualized, or202 times more than the median compensation for all its employees, excluding the CEO. Ford CEO Jim Farley Made $11.8 Million In 2020 Compensation Coupled with an EBIT margin of 7.3 percent, it was Ford's strongest performance since 2016. Related Searches:All Executive Director Salaries|All Ford Motor Company Salaries. 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. Tons of great salary information on Indeed.com Average Ford Motor Company Salary | PayScale For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. 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 said executives exceeded cash flow, pretax earnings and quality targets, although they achieved none of their revenue goals. Join us at www.careers.ford.com! Hackett stepped down as CEO on Oct. 1 but remained with the company as an adviser. 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. Aiutaci a proteggere Glassdoor dimostrando che sei una persona reale. Alpha One Ford Executive Assistant Salaries in the United States Auto theft has been on the rise over the past decade, and these states have been hit particularly hard. Aydanos a proteger Glassdoor y demustranos que eres una persona real. 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. 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. ISSN 1557-7686 (online), Fixed Ops Journal 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. 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). Choose your news we will deliver. . Kumar Galhotra, president of the Americas and International Markets Group, earned $8,534,094. Ford CEO Jim Farley's 2021 compensation nearly doubles Heres the next step in their evolution, Champ: The history of titling and the cost of human error. 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. Former CEO Jim Hackett received the largest pandemic bonus: $1.26 million. $62,968 / yr. Business Analyst salaries - 93 salaries reported. Sales Associate salaries - 84 salaries reported. He has held a lifelong passion for cars, with a particular interest in hot hatchbacks and off-road rigs. Tommy covers which is better for your buck! Steven Croley. View Comments. Both Hau Thai-Tang, now chief industrial platform officer, andKumar Galhotra, now president of Ford Blue,fell off the list of top paid executives. People | Ford Media Center John Lawler, who succeeded Tim Stone as CFO in October, made nearly $6 million. DETROIT Jim Farley's total compensation from Ford Motor Co. jumped 41 percent to $11.8 million in 2020, when he took over as CEO. It's the Year of the Rabbit! Content in this story was edited after publishing. Farley's benefits included$830,305 for personal use of aircraft while Bill Ford's benefits included$400,895 for personal use of aircraft and $1,340,817 for security, according to the filing Friday. NISSAN: 2022 Pathfinder and 2022 Frontier, APCO HOLDINGS: Strategies for handling new F&I dynamics. "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. More: Ford's Jim Hackett kept $16.7M pay package in 2020 despite stepping down. The starting base salary for this Brea, CAposition is expected to be between $200,000.00 to $250,000.00 annually. enviando un correo electrnico a CEO, Ford Pro. "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. Heres how they performed in the first three months of this year: Zach is the managing editor for TFLcar. 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. DETROIT Jim Farley's total compensation from Ford Motor Co. jumped 41 percent to $11.8 million in 2020, when he took over as CEO. para informarnos de que tienes problemas. 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. "Jim (Hackett) has been advising (Executive Chairman)Bill Ford and the management team on strategic issues. Chief Policy Officer and General Counsel. The estimated additional pay is $244,268 per year. 11% of employees are Black or African American. The estimated base pay is $196,580 per year. Henry Ford Health hiring Executive Assistant - 40hrs/wk - Days -Detroit We are sorry for the inconvenience. 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 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. People | Ford Media Center The Ford Motor executive team is 35% female and 65% male. Happy Lunar New Year from all of us at Ford! Follow her on Twitter @phoebesaid. Alexandra Ford English, the great-great-granddaughter of founder Henry Ford, was paid $571,701. message, contactez-nous l'adresse ISSN 0005-1551 (print) Farley's pay included a $1.7 million base salary, up 19 percent over 2020. Heres the next step in their evolution. 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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. While all Big Three automakers suffered on the sales front through March 2020, one strong area was in trucks. Please select at least one newsletter to subscribe. naar Farley's pay included a $1.4 million base salary, $5.1. Contact Phoebe Wall Howard: 313-618-1034 or phoward@freepress.com. Ford Motor Company Executive Director Salaries | Glassdoor Big Compensation Packages for Some Big Detroit Area Nonprofits The estimated additional pay is $243,443 . "His CEO compensation is 90% performance based and is in line with his industry peers.". Nous sommes dsols pour la gne occasionne. ; 11% of Ford Motor management is Hispanic or Latino. Se continui a visualizzare The estimated total pay for a Executive Director at Ford Motor Company is $440,417 per year. om ons te informeren over dit probleem. 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. 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. That's up from $8,361,479 in 2019. Tons of great salary information on Indeed.com West Senior Sales Executive in California makes about $66,604 per year. 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's 2021 revenue totaled $136 billion, up from $127 billion in 2020, marking the second consecutive year it generated more revenue than General Motors. 48207-2997, Automotive News What do you think? 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Please select at least one newsletter to subscribe. 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 . His base salary of $1.7 million was unchanged, but his stock awards more than doubled to $13.8 million. 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. Galhotra made $8.5 million in 2020, including an $865,000 salary. General Motors CEO Mary Barraearned$21.6million in total compensation in 2019. Hau Thai-Tang, chief product platform and operations officer, made $11.8 million, including a $1.2 million salary. Farley received $685,330. This report is not for commercial use. Here are further demographic highlights of the leadership team: The Henry Ford Health System executive team is 44% female and 56% male. 2020 CBS Broadcasting Inc. All Rights Reserved. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. If you continue to see this The Henry - Autograph Collection Jobs Near Me, Maintenance Supervisor jobs at Ford Motor, Production Team Member jobs at Ford Motor, Human Resources Associate jobs at Ford Motor, Senior Software Engineer jobs at Ford Motor, Software Development Engineer jobs at Ford Motor, Embedded Software Engineer jobs at Ford Motor. The ratio of the CEO's total compensation to the medianof all employees' total compensation is 356 to 1. CEO Jim Hackett was Ford's top earner, taking home $17.4 million in 2019, according to recent SEC disclosures. 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. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. 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. Hackett's 2020 compensation totaled $16.7 million, down 3.6 percent from 2019. Bill Ford at $18,662,706, up from $16,046,542 in 2020. #WeAreFord 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. Hau Thai-Tang, who was promoted from chief product development and purchasing officer tochief product platformand operations officer, at$11,780,405. 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. Ajude-nos a manter o Glassdoor seguro confirmando que voc uma pessoa de Get a free, personalized salary estimate based on today's job market. Bill Ford at $16,046,542, down from$16.8 millionin 2019. 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. 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? Ford's biggest individual earner last year was Hackett, who served as CEO from May 2017 to last October. Car Wars: Is a Rise in Service Leading to Poor Customer Satisfaction? 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