DirectorJon Huntsman was paid the most at$3.9 million. 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. Box 6248, Dearborn, MI 48126, U.S.A. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. pour nous faire part du problme. Alpha One Ford Executive Assistant in the United States makes about $51,689 per year. an. 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. scusiamo se questo pu causarti degli inconvenienti. Hackett was, by a wide margin, Fords largest individual earner in 2019. Contact Phoebe Wall Howard at 313-222-6512 or phoward@freepress.com. Do you want to design products people fall in love with? Responses will be sent to those that include a return address, as appropriate. If you would like to contact Fords Board of Directors please use the following address: Ford Motor Company, Customer Relationship Center, P.O. Click here to submit a Letter to the Editor, and we may publish it in print. 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 . President, Lincoln. The information shown here is a reporting of information included in the company's proxy statement. John Lawler, who succeeded Tim Stone as CFO in October, made nearly $6 million. Dianne Craig. 2020 CBS Broadcasting Inc. All Rights Reserved. The starting base salary for this Brea, CAposition is expected to be between $200,000.00 to $250,000.00 annually. (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. March 18, 2022 11:26 AM Michael Martinez Ford CEO Jim Farley DETROIT Ford Motor Co. CEO Jim. 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. Sign up and get the best of Automotive News delivered straight to your email inbox, free of charge. We are sorry for the inconvenience. Both Hau Thai-Tang, now chief industrial platform officer, andKumar Galhotra, now president of Ford Blue,fell off the list of top paid executives. The estimated total pay for a Executive Director at Ford Motor Company is $440,417 per year. The automaker is also trying to figure out when to release its highly anticipated Ford Bronco and F-150. After growing up surrounded by Mustangs, it seemed inevitable that Chris Walter would end up working on them. 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. This report is not for commercial use. In a year ravaged by the COVID-19 pandemic . 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Ford listed Hackett's retirement from the company as March 31, 2021, in its U.S. Securities and Exchange Commission filings. to let us know you're having trouble. 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. The Detroit News. excuses voor het ongemak. Based on our data team's research, James D. Farley Jr is the Ford Motor's CEO. Heres the next step in their evolution. Se continui a visualizzare 48207-2997, Automotive News See more newsletter options at autonews.com/newsletters. The company's 2021 performance led to sizable bonuses, including $3.7 million for Farley and $2 million for CFO John Lawler. Car Wars: Is a Rise in Service Leading to Poor Customer Satisfaction? How accurate is this most likely Total Pay range (base + additional) of $330K-$605K/yr? Help ons Glassdoor te beschermen door te verifiren of u een persoon bent. Join us at www.careers.ford.com! 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. Its just such a special thing to be part of, Chris says. With the people of Ford around the world, our leadership is committed to serving all of our stakeholder groups. Coupled with an EBIT margin of 7.3 percent, it was Ford's strongest performance since 2016. 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. Ford Motor has 186,000 employees, of which 104 are in a leadership position. Meanwhile, Farley is being rewarded on strength of performance in his first full year as CEO, said Ford spokesperson Catherine Hargett. 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. 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. It's the Chevy Bolt vs MINI SE by someone who actually used both for daily drivers. 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. At time of writing, Fords production facilities are shut down for manufacturing vehicles. 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. Lawler's compensation included a $715,000 salary and $27,313 for evaluation vehicles. The CEO of Ford Motor is James D. Farley Jr. Henry Ford III and William E. Kennard founded Ford Motor. 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. Aircraft costs are based onfuel, maintenance, flight crew, insurance and hangar storage expenses. First published on April 27, 2020 / 10:59 PM. The changes would apply to Galhotra, CEO Jim Farley, Executive Chair Bill Ford Jr. and other senior leaders. You can unsubscribe at any time through links in these emails. His $16.7 million in total compensation broke down as $1.8 million in salary, $7.9. 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. For more information, see ourPrivacy Policy. The estimated base pay is $196,149 per year. What do you think? Both were scheduled to be released this year. His base salary of $1.7 million was unchanged, but his stock awards more than doubled to $13.8 million. 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. Ford's biggest individual earner last year was Hackett, who served as CEO from May 2017 tolastOctober. ein Mensch und keine Maschine sind. FORD MOTOR CO annual reports of executive compensation and pay are most commonly found in the Def 14a documents. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Nous sommes dsols pour la gne occasionne. ; 61% of the management team is White. 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. 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. Here are further demographic highlights of the leadership team: The Henry Ford Health System executive team is 44% female and 56% male. Haig Partners: How are dealerships being valued today? 9% of Henry Ford Health System management is Hispanic or Latino. 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. los inconvenientes que esto te pueda causar. Bitte helfen Sie uns, Glassdoor zu schtzen, indem Sie besttigen, dass Sie Read more on Ford and sign up for our autos newsletter. And also salary ranges/ benefits for those levels?Current TC: 95k 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 Disculpa The new totals reflect the addition of Alexandra Ford English and Henry Ford III. Haig: Buy-Sell Q&A: What is the value of an M&A advisor? All proxy statements are public filings made available to the general public by the SEC. 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. Farley's included$318,864 for personal use of aircraft. ISSN 0005-1551 (print) 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. Actual salary will be determined based on skills, experience (to the extent relevant) and other job-related factors, consistent with applicable law. Can someone explain levels hierarchy at Ford? Hackett's 2020 compensation totaled $16.7 million, down 3.6 percent from 2019. That total consists of a $1.4 million base salary, $5.1 million in stock awards, and around $4.2 million in other awards. 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. Steven Croley. Stone earned $6.2 million, including a salary of just more than $1 million. Thorough reviews have been conducted to assure this data accurately reflects disclosures. Chief Policy Officer and General Counsel. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Kumar Galhotra, president of the Americas and International Markets Group, earned $8,534,094. It's the Year of the Rabbit! Hau Thai-Tang, who was promoted from chief product development and purchasing officer tochief product platformand operations officer, at$11,780,405. per informarci del problema. John Lawler, who replaced Stone as CFO on Oct. 1, at $5,983,141. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. 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. 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. He earned a $1.7. General Motors has notreleased its executive compensationfor 2021. Hackett stepped down as CEO on Oct. 1 but remained with the company as an adviser. Farley held multiple leadershiproles in 2020, including president of new business, technology and strategy as well aschief operating officer. 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Based on 4 salaries posted anonymously by Ford Motor Company Executive Director employees in Freeport, MI. Car Wars: Is a Rise in Service Leading to Poor Customer Satisfaction? Have an opinion about this story? para informarnos de que tienes problemas. / CW50 Detroit. 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. 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. 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. Choose your news we will deliver. Allstate: Compliance standards are changing. 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. Haig: Buy-Sell Q&A: What is the value of an M&A advisor? Among Southeastern Michigan foundations, topping the salary list is Rip Rapson of the Kresge Foundation at $695,468. $62,968 / yr. Business Analyst salaries - 93 salaries reported. 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. Please select at least one newsletter to subscribe. para nos informar sobre o problema. Yes, I'd like to receive email communications on editorial features, special offers, research and events and webinars from Automotive News. Hau Thai-Tang, chief product platform and operations officer, made $11.8 million, including a $1.2 million salary. 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. View Comments. We havent detailed which ones," Ford spokesman T.R. 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.