Please help us protect Glassdoor by verifying that you're a 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. If you would like to contact Fords Board of Directors please use the following address: Ford Motor Company, Customer Relationship Center, P.O. 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. Car Wars: Is a Rise in Service Leading to Poor Customer Satisfaction? Read more on Ford and sign up for our autos newsletter. The estimated additional pay is $244,268 per year. Help ons Glassdoor te beschermen door te verifiren of u een persoon bent. His compensation also included $400,895 for personal use of aircraft and $1.3 million for security. Please select at least one newsletter to subscribe. 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. 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. 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. Kumar Galhotra, president of the Americas and International Markets Group, earned $8,534,094. 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 said executives exceeded cash flow, pretax earnings and quality targets, although they achieved none of their revenue goals. Ford's biggest individual earner last year was Hackett, who served as CEO from May 2017 tolastOctober. The estimated additional pay is $243,443 . #WeAreFord #FordChinese Association 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. This material may not be published, broadcast, rewritten, or redistributed. His compensation included $187,442 for personal use of aircraft and $921,030 for security. 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. Lawler's compensation included a $715,000 salary and $27,313 for evaluation vehicles. an. verdade. Click here to submit a Letter to the Editor, and we may publish it in print. 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. 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. Hau Thai-Tang is executive vice president of Product Development and Purchasing, Ford Motor Company, effective June 1, 2017. The employee data is based on information from people who have self-reported their past or current employments at Ford Motor. More: Bill Ford's controversial viewpoint has changed Detroit automaker. Yes, I'd like to receive email communications on editorial features, special offers, research and events and webinars from Automotive News. Caso continue recebendo esta mensagem, Based on our data team's research, James D. Farley Jr is the Ford Motor's CEO. ISSN 0005-1551 (print) Lisa Drake. Hackett's 2020 compensation totaled $16.7 million, down 3.6 percent from 2019. 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. You can unsubscribe at any time through links in these emails. 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. All proxy statements are public filings made available to the general public by the SEC. The estimated total pay for a Executive Director at Ford Motor Company is $440,417 per year. Heres the next step in their evolution, Champ: The history of titling and the cost of human error. 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. Process Coach salaries - 86 salaries reported. 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. om ons te informeren over dit probleem. "His CEO compensation is 90% performance based and is in line with his industry peers.". Get a free, personalized salary estimate based on today's job market. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. West Senior Sales Executive in California makes about $66,604 per year. 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. naar 2023 CBS Broadcasting Inc. All Rights Reserved. "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.". Ford Motor is 34% female and 66% male company-wide. 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. 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 changes would apply to Galhotra, CEO Jim Farley, Executive Chair Bill Ford Jr. and other senior leaders. Bill Ford at $16,046,542, down from$16.8 millionin 2019. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. 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 General Motors has notreleased its executive compensationfor 2021. Hackett stepped down as CEO on Oct. 1 but remained with the company as an adviser. 1155 Gratiot Avenue This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Aydanos a proteger Glassdoor y demustranos que eres una persona real. 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. Aircraft costs are based onfuel, maintenance, flight crew, insurance and hangar storage expenses. Si continas viendo este mensaje, 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. Please indicate whether you are a shareholder, customer, supplier or other interested party. message, contactez-nous l'adresse not enough compared to other companies., Ford put the world on wheels over a century ago, but weve always thought like a start-up. "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. GM CEO Mary Barra received a $23.6 million package in 2020. Allstate: Compliance standards are changing. That's down slightlyfrom nearly $17.4 million in 2019. 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? Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. . Ford Motor has 186,000 employees, of which 104 are in a leadership position. 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. 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. General Summary Under limited supervision from a Senior Level Executive in Leadership Salary Grade M10 and above or Henry Ford Medical Group Chair, provides personal and administrative support . Yes, I'd like to receive email communications on editorial features, special offers, research and events and webinars from Automotive News. 48207-2997, Automotive News Get browser notifications for breaking news, live events, and exclusive reporting. Lawler wasCEO of Ford Autonomous Vehicles and vice president of mobility partnerships. And also salary ranges/ benefits for those levels?Current TC: 95k Happy Lunar New Year from all of us at Ford! Ford listed Hackett's retirement from the company as March 31, 2021, in its U.S. Securities and Exchange Commission filings. Content in this story was edited after publishing. Your input helps Glassdoor refine our pay estimates over time. 62% of the management team is White. 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. Edsel B. Ford IIwas paid $811,469. "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. Allstate: The ABCs of maximum F&I effectiveness, Ally All Ears Podcast Episode | The next evolution in virtual F&I, Ally All Ears Podcast | How F&I is driving dealership profits, Ally All Ears Podcast | building customer loyalty during challenging times, Ally All Ears Podcast | reducing friction in the purchase process, Ally: All Ears Podcast | Building trust to attract and retain customers, Ally: All Ears Podcast | Staying competitive with vehicle acquisition, Ally: All Ears Podcast | practices you may incorporate into your F&I department, Amazon Ads: Marketing tips for electric cars and alternative-fuel auto advertisers, Big Ass Fans: Reducing risk and productivity loss with Big Ass Fans & evaporative coolers, CDK Global: Shoppers make clear the service features they want, Capgemini: Unlocking the next turn in the mobility roadmap, Capital One Auto: Auto dealers are here to stay. Chief Advanced Product Development and Technology Officer. Indeed.com estimated this salary based on data from 1 employees, users and past and present job ads. 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. Manley earned 232 times the average FCA employee, whose total compensation was $62,259, as reported by the Detroit Free Press. President, Lincoln. 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. While all Big Three automakers suffered on the sales front through March 2020, one strong area was in trucks. . Allstate: Compliance standards are changing. Henry Ford III, great-great-grandson of the founder, was paid $331,401. Both were scheduled to be released this year. 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. Salary Details for an Executive at Ford Motor Company Updated Jan 12, 2022 United States United States Any Experience Any Experience 0-1 Years 1-3 Years 4-6 Years 7-9 Years 10-14 Years 15+ Years Search Total Pay Estimate & Range Confident Total Pay $264,216 / yr Base Pay $137,518 / yr All Additional Pay $126,698 / yr $264,216 / yr Total Pay $200K John Lawler, who succeeded Tim Stone as CFO in October, made nearly $6 million. It's the Year of the Rabbit! CEO Jim Hackett was Ford's top earner, taking home $17.4 million in 2019, according to recent SEC disclosures. 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. 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). However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Concentrix: How can customer data drive a better automotive CX? Follow her on Twitter @phoebesaid. It's the Chevy Bolt vs MINI SE by someone who actually used both for daily drivers. 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. Former CFO Bob Shanks also received $8.3 million in 2019. "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. Here are further demographic highlights of the leadership team: The Ford Motor executive team is 35% female and 65% male. Sie weiterhin diese Meldung erhalten, informieren Sie uns darber bitte per E-Mail Allstate: The ABCs of maximum F&I effectiveness, Ally All Ears Podcast Episode | The next evolution in virtual F&I, Ally All Ears Podcast | How F&I is driving dealership profits, Ally All Ears Podcast | building customer loyalty during challenging times, Ally All Ears Podcast | reducing friction in the purchase process, Ally: All Ears Podcast | Building trust to attract and retain customers, Ally: All Ears Podcast | Staying competitive with vehicle acquisition, Ally: All Ears Podcast | practices you may incorporate into your F&I department, Amazon Ads: Marketing tips for electric cars and alternative-fuel auto advertisers, Big Ass Fans: Reducing risk and productivity loss with Big Ass Fans & evaporative coolers, CDK Global: Shoppers make clear the service features they want, Capgemini: Unlocking the next turn in the mobility roadmap, Capital One Auto: Auto dealers are here to stay. ISSN 0005-1551 (print) 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. See more newsletter options at autonews.com/newsletters. Alpha One Ford Executive Assistant in the United States makes about $51,689 per year. The annual virtual shareholders meeting is scheduled for May 12. This report is not for commercial use. 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. The estimated base pay is $196,580 per year. Lawler's total compensation in 2021 jumped about 60 percent to $9.4 million. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Hau Thai-Tang, chief product platform and operations officer, made $11.8 million, including a $1.2 million salary. Thai-Tang and Kumar Galhotra, Ford's president of the Americas and International Markets Group, received incremental bonuses for their roles last year. April 27, 2020 / 10:59 PM las molestias. You may also find the annual proxy statement by going directly to the company's website. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Lamentamos After growing up surrounded by Mustangs, it seemed inevitable that Chris Walter would end up working on them. 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. Aydanos a proteger Glassdoor verificando que eres una persona real. (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 His base salary of $1.7 million was unchanged, but his stock awards more than doubled to $13.8 million. 2020 CBS Broadcasting Inc. All Rights Reserved. We are sorry for the inconvenience. 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. 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. The Ford Motor executive team is 35% female and 65% male. At time of writing, Fords production facilities are shut down for manufacturing vehicles.
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