The employee data is based on information from people who have self-reported their past or current employments at Ford Motor. 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. Se continui a visualizzare Hau Thai-Tang, chief product platform and operations officer, made $11.8 million, including a $1.2 million salary. Nous sommes dsols pour la gne occasionne. scusiamo se questo pu causarti degli inconvenienti. 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. Content in this story was edited after publishing. Yes, I'd like to receive email communications on editorial features, special offers, research and events and webinars from Automotive News. FORD MOTOR CO income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Farley received $685,330. ISSN 2576-1064 (print) (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. Of interest to many nonprofit readers are the salaries paid to foundation executives and to the top people in nonprofit service providers. 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. Allstate: Compliance standards are changing. 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. More: Ford recalls 157K 2021 F-150 pickup trucks for wipers that could fail, More: Stellantis UAW workforce eligible for $14,670 profit-sharing checks, More: Ford CEO says automaker is sold out of electric vehicles: What it really means. envie um e-mail para Executive Chairman Bill Ford's total compensation declined 4.2 percent to $16 million. 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. 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. 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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. Join us at www.careers.ford.com! Zippia gives an in-depth look into the details of Ford Motor, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Ford Motor. Both Hau Thai-Tang, now chief industrial platform officer, andKumar Galhotra, now president of Ford Blue,fell off the list of top paid executives. Heres the next step in their evolution. (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. Si vous continuez voir ce Follow her on Twitter @phoebesaid. 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. The automaker's compensation committee said it calculated Lawler's bonus on a different scale than his colleagues because of his "exceptional performance" in 2021. Detroit, Michigan Concentrix: How can customer data drive a better automotive CX? Indeed.com estimated this salary based on data from 1 employees, users and past and present job ads. 1155 Gratiot Avenue Ford Motor is 34% female and 66% male company-wide. Stone earned $6.2 million, including a salary of just more than $1 million. "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.". Heres what you need to know. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. 11% of employees are Black or African American. The new totals reflect the addition of Alexandra Ford English and Henry Ford III. 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. John Lawler, who replaced Stone as CFO on Oct. 1, at $5,983,141. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. GM CEO Mary Barra received a $23.6 million package in 2020. Ford's 2019 compensation for its top executives, which includes salary, incentive bonuses, stock, and other perks, is broken down as follows: CEO Jim Hackett: $17.36 million Executive Chairman Bill Ford: $16.76 million CFO Tim Stone: $8.32 million CFO Bob Shanks: $8.32 million 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. Ford's biggest individual earner last year was Hackett, who served as CEO from May 2017 to last October. You can unsubscribe at any time through links in these emails. The information shown here is a reporting of information included in the company's proxy statement. 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. The average salary for an Executive Director is $129,383 per year in United States, which is 70% lower than the average Ford Motor Company salary of $440,417 per year for this job. The company's 2021 earnings included a $7.4 billion profit in North America. Your input helps Glassdoor refine our pay estimates over time. 48207-2997, Automotive News The Times-Union compiled a list of the. Henry Ford III, great-great-grandson of the founder, was paid $331,401. Michael Amend, ina new role as of March 2021,was at $12,781,136. 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 48207-2997, Automotive News Based on 4 salaries posted anonymously by Ford Motor Company Executive Director employees in Freeport, MI. Salaries at Ford Motor Company range from an average of $68,185 to $132,153 a year. FORD MOTOR CO annual reports of executive compensation and pay are most commonly found in the Def 14a documents. He has held a lifelong passion for cars, with a particular interest in hot hatchbacks and off-road rigs. "Those topics can be competitively sensitive, especially in a period of industry transition.". 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. Als u dit bericht blijft zien, stuur dan een e-mail 2023 CBS Broadcasting Inc. All Rights Reserved. He earned a $1.7. Wir entschuldigen uns fr die Umstnde. Lawler's compensation included a $715,000 salary and $27,313 for evaluation vehicles. 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. Other highly-paid executives include chief financial officer Tim Stone, who earned $8.3 million in his first year at Ford. 11% of the management team is Hispanic or Latino. This material may not be published, broadcast, rewritten, or redistributed. 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 . The executives achieved none of their revenue, cash flow or pretax earnings targets because of the pandemic disrupting production and sales, but they exceeded the company's quality targets. More: Bill Ford's controversial viewpoint has changed Detroit automaker. 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. Average salary for Ford Motor Company Executive Director in Freeport, MI: [salary]. 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. Product Manager salaries - 112 salaries reported. The data presented on this page does not represent the view of Ford Motor and its employees or that of Zippia. What do you think? Like generations of leaders before them, they understand that by helping to create a world with fewer obstacles and limits, we help people to move forward and upward. The estimated base pay is $196,580 per year. We havent detailed which ones," Ford spokesman T.R. In this week's "Ask Nathan," Modular EV Truck, Using Tires for Disaster Recovery, and Wrenching on Our Own Cars? The Detroit Free Press broke down the numbers in that report figures which should be a point of sharp focus as Ford, among the other Big Three automakers, navigate the ongoing COVID-19 crisis. In addition to the executive salaries, Ford Executive Chairman Bill Ford Jr., great-grandson of company founder Henry Ford, will defer 100% of his cash salary. 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. Alexandra Ford English, the great-great-granddaughter of founder Henry Ford, was paid $571,701. Heres what you need to know. His compensation included $187,442 for personal use of aircraft and $921,030 for security. Follow her on Twitter @phoebesaid. Hau Thai-Tang, who was promoted from chief product development and purchasing officer tochief product platformand operations officer, at$11,780,405. More: Bill Ford describes his future, role of daughter as first female Ford family member on board, More: Despite COVID-19 and scandal, UAW income and strike fund grow with steady membership, The proxyreport is prepared in advance of a May 13 virtual annual shareholders meeting. That's up from $8,361,479 in 2019. The estimated total pay for a Executive Director at Ford Motor Company is $440,023 per year. 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. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. For its 2021 fiscal year, FORD MOTOR CO, listed the following board members on its annual proxy statement to the SEC. Actual salary will be determined based on skills, experience (to the extent relevant) and other job-related factors, consistent with applicable law. Responses will be sent to those that include a return address, as appropriate. Ford Motor Company employees with the job title Senior Systems Engineer make the most with an average annual . That's down slightlyfrom nearly $17.4 million in 2019. Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. Please select at least one newsletter to subscribe. Thorough reviews have been conducted to assure this data accurately reflects disclosures. ; 10% of the management team is Black or African American. 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. para informarnos de que tienes problemas. Meet members of the Ford Chinese Association and find out their favorite Lunar New Year traditions. Yes, I'd like to receive email communications on editorial features, special offers, research and events and webinars from Automotive News. Additional pay could include bonus, stock, commission, profit sharing or tips. If you continue to see this Click here to submit a Letter to the Editor, and we may publish it in print. "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. Please enable Cookies and reload the page. Please indicate whether you are a shareholder, customer, supplier or other interested party. 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. DirectorJon Huntsman was paid the most at$3.9 million. ", 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'. Reid emailedthe Free Press in March. See more newsletter options at autonews.com/newsletters. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. "His CEO compensation is 90% performance based and is in line with his industry peers.". an. 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. West Senior Sales Executive in California makes about $66,604 per year. Bitte helfen Sie uns, Glassdoor zu schtzen, indem Sie besttigen, dass Sie John Lawler, who succeeded Tim Stone as CFO in October, made nearly $6 million. 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. 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. Haig Partners: How are dealerships being valued today? Meanwhile, the company will double bonuses for lower-level employees, from 54% of their . message, please email Take this quiz to find out, Rey and Rey: Automation and the future of automotive retail, Routeone: The benefits of robust dealership reporting tools, Siemens: The impact of vehicle electrification and connectivity on electrical system design, Spectrum Reach: Playing to win: How automotive dealers can capitalize on sports marketing, Swiss Re: Insurers and car manufacturers: how to unlock the potential of true collaboration, Text2Drive: Digital retailing meets the service department, Trimble: The future of autonomous vehicles speeds ahead, Truist: Capitalize on the changing structure of auto retailing, Truist: Prepare now for the next era of automotive retailing, Urban Science: Promoting dealer-consumer alignment across continued industry evolution, Walbridge: Video | Walbridge Chairman on how automotive companies are navigating the electrification boom, Western Digital: To Meet Consumer Demand, Automakers Must Double Down on Agile Development, Wipro: How to address safety and security for software-defined vehicles, Wipro: How todays tech decisions drive tomorrows sales, Wipro: Software Helps Address the Affordability Challenge, Wipro: The Promise of Software-Defined Vehicles and the Cloud Car Ecosystem, Wipro: Video | Wipro CTO on how OEM's are leveraging software-defined vehicle technology, Notarize: What to expect for the future of auto sales, Seagate: Unlocking value from connected-car data, Amazon Web Services: AI-powered supply chain decision-making, Epic Games: Five ways in-car designs will change in the next five years. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. 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 Hackett was, by a wide margin, Fords largest individual earner in 2019. If you would like to contact Fords Board of Directors please use the following address: Ford Motor Company, Customer Relationship Center, P.O. It's the Year of the Rabbit! 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. 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. 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. not enough compared to other companies., Ford put the world on wheels over a century ago, but weve always thought like a start-up. . More: Ford doubles annual bonuses amid worker fury over controversial formula, More: Ford's plan to funnel $3B from gas vehicles to fund electric, tech, More: Ford settles lawsuit alleging automaker targeted high-performing older workers. JM&A Group, Easycare, Assurant: Unlocking new opportunities in F&I with digital retailing, Kerrigan Advisors: Interview with Baxter Auto Group, Kerrigan Advisors: Interview with Hitchcock Automotive, OEC: How to understand what customers are saying when theyre not saying it, PACE: Electrification Technology: Once the supply chain gets over the shock, EVs offer opportunities, Pace Program Navigating advanced driver-assistance systems, Phone Ninjas: 5 Reasons you need to use phone scripts for your dealership, REYNOLDS & REYNOLDS: Creating great retail customer experiences, REYNOLDS AND REYNOLDS: Are you ready for the FTC Safeguard Rule changes? Caso continue recebendo esta mensagem, Heres the next step in their evolution, Champ: The history of titling and the cost of human error. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. Doug Field. Its just such a special thing to be part of, Chris says. [Photo: Ford] Ford disclosed the salary and pay ratio data for its executives in an . Coupled with an EBIT margin of 7.3 percent, it was Ford's strongest performance since 2016. 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. 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. 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 changes would apply to Galhotra, CEO Jim Farley, Executive Chair Bill Ford Jr. and other senior leaders. Ford posted adjusted EBIT for 2021 of $10 billion, roughly four times its 2020 earnings. The automaker is also trying to. Have an opinion about this story? 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. per informarci del problema. Both were scheduled to be released this year. View Comments. 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.
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