Concentrix: How can customer data drive a better automotive CX? Bitte helfen Sie uns, Glassdoor zu schtzen, indem Sie besttigen, dass Sie Lawler's total compensation in 2021 jumped about 60 percent to $9.4 million. The ratio of the CEO's total compensation to the medianof all employees' total compensation is 356 to 1. ", 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'. 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. "His CEO compensation is 90% performance based and is in line with his industry peers.". The charts on this page feature a breakdown of the total annual pay for the top executives at FORD MOTOR CO as reported in their proxy statements. Dianne Craig. Actual salary will be determined based on skills, experience (to the extent relevant) and other job-related factors, consistent with applicable law. Process Coach salaries - 86 salaries reported. Here are further demographic highlights of the leadership team: The Henry Ford Health System executive team is 44% female and 56% male. 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. Of interest to many nonprofit readers are the salaries paid to foundation executives and to the top people in nonprofit service providers. None of the information on this page has been provided or approved by Ford Motor. Click here to submit a Letter to the Editor, and we may publish it in print. Sign up and get the best of Automotive News delivered straight to your email inbox, free of charge. Haig Partners: How are dealerships being valued today? Get 24/7 access to in-depth, authoritative coverage of the auto industry from a global team of reporters and editors covering the news thats vital to your business. Stellantis CEO Carlos Tavares made $21M in 2021. Executive chairman Bill Ford received $16.8 million, while Joe Hinrichs (president, Automotive) was paid $11 million. John Lawler, who replaced Stone as CFO on Oct. 1, at $5,983,141. Product Manager salaries - 112 salaries reported. questo messaggio, invia un'email all'indirizzo 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 "Those topics can be competitively sensitive, especially in a period of industry transition.". Additional pay could include bonus, stock, commission, profit sharing or tips. Thelower amountin this years filingreflects whatLawler actually received. The dramatic difference in 2019, Ford said, related to pension values and how the data is calculated. Contact Phoebe Wall Howard at 313-222-6512 or phoward@freepress.com. While all Big Three automakers suffered on the sales front through March 2020, one strong area was in trucks. How accurate is this most likely Total Pay range (base + additional) of $330K-$605K/yr? (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. FORD MOTOR CO annual reports of executive compensation and pay are most commonly found in the Def 14a documents. CEO Jim Farley, who assumedthe helmon Oct. 1, earned $11,802,054 in executive compensation for the whole year. 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. 2020 CBS Broadcasting Inc. All Rights Reserved. Wenn Aiutaci a proteggere Glassdoor dimostrando che sei una persona reale. Do you want to design products people fall in love with? The most common ethnicity among Ford Motor executive officers is White. Farley's pay included a $1.4 million base salary, $5.1. He was 52. Follow her on Twitter @phoebesaid. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. 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. Ford itemized more than $74.5 million in executive compensation for its top five executives in 2021: Farley, chief financial officer John Lawler, board chair Bill Ford, chief enterprise. 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. Yes, I'd like to receive email communications on editorial features, special offers, research and events and webinars from Automotive News. para nos informar sobre o problema. If you would like to contact Fords Board of Directors please use the following address: Ford Motor Company, Customer Relationship Center, P.O. Yes, I'd like to receive email communications on editorial features, special offers, research and events and webinars from Automotive News. 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. Detroit, Michigan Ford posted adjusted EBIT for 2021 of $10 billion, roughly four times its 2020 earnings. The starting base salary for this Brea, CAposition is expected to be between $200,000.00 to $250,000.00 annually. That's up from $8,361,479 in 2019. ISSN 2576-1064 (print) Big stock awards and performance gave Ford CEO Jim Farley a major boost in his 2021 payout. Alexandra Ford English, the great-great-granddaughter of founder Henry Ford, was paid $571,701. Farley's included$318,864 for personal use of aircraft. Si continas viendo este mensaje, "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. Fords stock prices have also tumbled to just over $4 a share (down over half in March alone), and the company had its credit rating downgraded to junk status on lower demand caused by the coronavirus pandemic, and an outlook that Ford could struggle to maintain a competitive position as it burns through its cash reserves and lines of credit. Both were scheduled to be released this year. Tons of great salary information on Indeed.com Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. The company's 2021 earnings included a $7.4 billion profit in North America. Alpha One Ford Executive Assistant in the United States makes about $51,689 per year. 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. GM CEO Mary Barra received a $23.6 million package in 2020. 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. Stone, who was hired April 15 and assumed his CFO role June 1: $8.32 million. Haig: Buy-Sell Q&A: What is the value of an M&A advisor? DirectorJon Huntsman was paid the most at$3.9 million. Hackett was, by a wide margin, Fords largest individual earner in 2019. 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. Indeed.com estimated this salary based on data from 1 employees, users and past and present job ads. Doug Field. Aydanos a proteger Glassdoor y demustranos que eres una persona real. Aydanos a proteger Glassdoor verificando que eres una persona real. Have an opinion about this story? The new totals reflect the addition of Alexandra Ford English and Henry Ford III. Heres how they performed in the first three months of this year: Zach is the managing editor for TFLcar. The estimated additional pay is $244,268 per year. 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. 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. Coupled with an EBIT margin of 7.3 percent, it was Ford's strongest performance since 2016. Steven Croley. . 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. 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. Choose your news we will deliver. 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. Chief Advanced Product Development and Technology Officer. Bill Ford at $16,046,542, down from$16.8 millionin 2019. 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In 2020, Ford compensated its directors in cash, stock and other benefits from$96,760 for director Jon Huntsman to $996,733 for director Edsel B.Ford II, which reflectsconsulting fees. Related Searches:All Executive Director Salaries|All Ford Motor Company Salaries. Salary ranges represent what Ford pays for a job within a salary grade or leadership level based It's the Chevy Bolt vs MINI SE by someone who actually used both for daily drivers. Kumar Galhotra, president of the Americas and International Markets Group, earned $8,534,094. Als u dit bericht blijft zien, stuur dan een e-mail Salaries at Ford Motor Company range from an average of $68,185 to $132,153 a year. Get browser notifications for breaking news, live events, and exclusive reporting. Former CEO Jim Hackett received the largest pandemic bonus: $1.26 million. 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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. Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. You can unsubscribe at any time through links in these emails. 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. 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