Si vous continuez voir ce Farley's included$318,864 for personal use of aircraft. Ford Motor Company Executive Salaries | Glassdoor Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. March 18, 2022 11:26 AM Michael Martinez Ford CEO Jim Farley DETROIT Ford Motor Co. CEO Jim. questo messaggio, invia un'email all'indirizzo Executive Chairman Bill Ford: $16.76 million, up from $13.83 million in 2018. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. President, Lincoln. Big stock awards and performance gave Ford CEO Jim Farley a major boost in his 2021 payout. "Mr. Farley is a relatively new CEO leading a successful business transformation and his compensation reflects the change in his position, improvements in the companys performance and Ford+ achievements," she told the Free Press on Friday. 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. 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. Aircraft costs are based onfuel, maintenance, flight crew, insurance and hangar storage expenses. 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 Your input helps Glassdoor refine our pay estimates over time. Galhotra made $8.5 million in 2020, including an $865,000 salary. 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. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. 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. Jim Farley, who is now chief operating officer, earned $5.9 million in 2019. verdade. Lawler's total compensation in 2021 jumped about 60 percent to $9.4 million. 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. The estimated total pay for a Executive Director at Ford Motor Company is $440,023 per year. Beyond that, the company mulled partially deferring executive salaries temporarily cutting them between 20 and 50 percent over the next five months and possibly resorting to layoffs, according to a CNBC report. 1155 Gratiot Avenue Bill Ford at $18,662,706, up from $16,046,542 in 2020. More: Bill Ford's controversial viewpoint has changed Detroit automaker. The Detroit News. The document notes Farley's "accession" to CEO led to his unveiling "The Plan: Ford's strategy to speed our transformation, improve execution, and drive growth. None of the information on this page has been provided or approved by Ford Motor. Onze His$16.7millionin total compensation broke down as $1.8 million in salary,$7.9 millionin stock awards,$5.6 million in options,$828,000in incentive plan compensation,and about $524,000 in other payments. $87,464 / yr. Lamentamos Se continui a visualizzare The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. 11% of the management team is Hispanic or Latino. las molestias. Executive chairman Bill Ford received $16.8 million, while Joe Hinrichs (president, Automotive) was paid $11 million. 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 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. "Jim (Hackett) has been advising (Executive Chairman)Bill Ford and the management team on strategic issues. 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. And also salary ranges/ benefits for those levels?Current TC: 95k Sie weiterhin diese Meldung erhalten, informieren Sie uns darber bitte per E-Mail 2023 CBS Broadcasting Inc. All Rights Reserved. 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 The Mustang exterior design manager took a circuitous career route to his current position, but he feels like hes right where he belongs now. Heres what you need to know. 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. Executive Compensation at Henry Ford Health System Henry Ford Health hiring Executive Assistant - 40hrs/wk - Days -Detroit Sales Associate salaries - 84 salaries reported. 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. Thorough reviews have been conducted to assure this data accurately reflects disclosures. The annual virtual shareholders meeting is scheduled for May 12. Ford salaries in 2021: How much CEO Jim Farley earned - Detroit Free Press Ford's biggest individual earner last year was Hackett, who served as CEO from May 2017 tolastOctober. Lawler's compensation included a $715,000 salary and $27,313 for evaluation vehicles. 2020 CBS Broadcasting Inc. All Rights Reserved. Follow her on Twitter @phoebesaid. DirectorJon Huntsman was paid the most at$3.9 million. ein Mensch und keine Maschine sind. The estimated base pay is $196,580 per year. to let us know you're having trouble. 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. "His CEO compensation is 90% performance based and is in line with his industry peers.". Based on our data team's research, James D. Farley Jr is the Ford Motor's CEO. Joseph "Chef Joe" Nader Jr., executive chef and former owner of a well-known chocolatier business and a meal prep business, has died. Meanwhile, Farley is being rewarded on strength of performance in his first full year as CEO, said Ford spokesperson Catherine Hargett. 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 / CW50 Detroit. ", 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'. 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. Ford reports CEO Jim Hackett, executives 2019 compensation We are sorry for the inconvenience. Product Manager salaries - 112 salaries reported. Can someone explain levels hierarchy at Ford? The employee data is based on information from people who have self-reported their past or current employments at Ford Motor. Process Coach salaries - 86 salaries reported. Meet members of the Ford Chinese Association and find out their favorite Lunar New Year traditions. With the people of Ford around the world, our leadership is committed to serving all of our stakeholder groups. Thelower amountin this years filingreflects whatLawler actually received. 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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. ; 10% of the management team is Black or African American. Here are further demographic highlights of the leadership team: The Ford Motor executive team is 35% female and 65% male. scusiamo se questo pu causarti degli inconvenienti. 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Tons of great salary information on Indeed.com Ford's biggest individual earner last year was Hackett, who served as CEO from May 2017 to last October. His compensation included $187,442 for personal use of aircraft and $921,030 for security. 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. Lamentamos pelo inconveniente. The dramatic difference in 2019, Ford said, related to pension values and how the data is calculated. Responses will be sent to those that include a return address, as appropriate. We havent detailed which ones," Ford spokesman T.R. Join us at www.careers.ford.com! 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. Click here to submit a Letter to the Editor, and we may publish it in print. Base salary considers skills, experience and competitive market value. Meanwhile, the company will double bonuses for lower-level employees, from 54% of their . message, please email Ford Motor Company Executive Director Salaries | Glassdoor real person. The estimated additional pay is $243,443 . The information shown here is a reporting of information included in the company's proxy statement. Levels at Ford? - Blind 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. Coupled with an EBIT margin of 7.3 percent, it was Ford's strongest performance since 2016. Hackett's 2020 compensation totaled $16.7 million, down 3.6 percent from 2019. 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. Joe Nader, the former executive chef at Ford Field, dies at 52 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. 1155 Gratiot Avenue West Senior Sales Executive in California makes about $66,604 per year. Content in this story was edited after publishing. 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Ford Motor has 186,000 employees, of which 104 are in a leadership position. "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.". Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. 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. Yes, I'd like to receive email communications on editorial features, special offers, research and events and webinars from Automotive News. 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. 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. ISSN 0005-1551 (print) In that report, the company showed how much Ford employees made last year as well as top-earners, like CEO Jim Hackett. Ford said executives exceeded cash flow, pretax earnings and quality targets, although they achieved none of their revenue goals. . 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. 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. What do you think? His responsibilities expanded last year. 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. ISSN 1557-7686 (online), Fixed Ops Journal Get a free, personalized salary estimate based on today's job market. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. The estimated additional pay is $244,268 per year. Top Engineering Executive Salary in Kyles Ford, TN | Salary.com The estimated base pay is $196,149 per year. Ford Motor is 34% female and 66% male company-wide. Hau Thai-Tang, chief product platform and operations officer, made $11.8 million, including a $1.2 million salary. In a year ravaged by the COVID-19 pandemic . $62,968 / yr. Business Analyst salaries - 93 salaries reported. It's the Chevy Bolt vs MINI SE by someone who actually used both for daily drivers. The estimated total pay for a Executive Director at Ford Motor Company is $440,417 per year. Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. 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. 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. 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. Executive Chair Bill Ford's total compensation rose about 16 percent to $18.6 million. Tommy covers which is better for your buck! 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. 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. 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 Know Your Worth. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. "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. excuses voor het ongemak. Choose your news we will deliver. Big Compensation Packages for Some Big Detroit Area Nonprofits an. 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 enva un correo electrnico a Wenn 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. The ratio of the CEO's total compensation to the medianof all employees' total compensation is 356 to 1. Actual salary will be determined based on skills, experience (to the extent relevant) and other job-related factors, consistent with applicable law. First published on April 27, 2020 / 10:59 PM. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. 48207-2997, Automotive News 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. After growing up surrounded by Mustangs, it seemed inevitable that Chris Walter would end up working on them. 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? Steven Croley. 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. For its 2021 fiscal year, FORD MOTOR CO, listed the following board members 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. Of interest to many nonprofit readers are the salaries paid to foundation executives and to the top people in nonprofit service providers. Aydanos a proteger Glassdoor verificando que eres una persona real. While Hackett did earn a substantial amount, he hasnt been the highest-earning automotive executive among the Big Three. Join us today at www.careers.ford.com and celebrate with us! Allstate: Compliance standards are changing. 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. Ford Motor may also be known as or be related to Ford Motor, FORD MOTOR CO, Ford Credit and Ford Motor Company. pour nous faire part du problme. 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Would you like to work at a company with active employee resource groups and opportunities to learn about and enjoy a variety of cultures? Alexandra Ford English, the great-great-granddaughter of founder Henry Ford, was paid $571,701. Global Modern Slavery Statement (view PDF). Aiutaci a proteggere Glassdoor dimostrando che sei una persona reale. Farley's pay included a $1.4 million base salary, $5.1. You can unsubscribe at any time through links in these emails. The data presented on this page does not represent the view of Ford Motor and its employees or that of Zippia. Ford Motor Company Executive Director Salaries in Freeport, MI 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. Stone earned $6.2 million, including a salary of just more than $1 million. Detroit, Michigan 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. 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. GMs Mary Barra earned $21.87 million in 2018. 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