If you would like to contact Fords Board of Directors please use the following address: Ford Motor Company, Customer Relationship Center, P.O. West Senior Sales Executive in California makes about $66,604 per year. It's the Chevy Bolt vs MINI SE by someone who actually used both for daily drivers. Ajude-nos a manter o Glassdoor seguro confirmando que voc uma pessoa de Ford CEO Jim Farley received total compensation of $22,813,174in 2021for running the company, according to documents the Dearborn automakerreleased Friday. For more information, see ourPrivacy Policy. 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. 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. The data presented on this page does not represent the view of Ford Motor and its employees or that of Zippia. 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. Bitte helfen Sie uns, Glassdoor zu schtzen, indem Sie besttigen, dass Sie Aydanos a proteger Glassdoor verificando que eres una persona real. Hau Thai-Tang is executive vice president of Product Development and Purchasing, Ford Motor Company, effective June 1, 2017. 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. Your input helps Glassdoor refine our pay estimates over time. In this capacity, he directed all global engineering for car, truck, SUV and crossover vehicles for the Ford and Lincoln brands in support of the One Ford plan.Thai-Tang also was executive director of Global Product Programs, and director of Advanced Product Creation and Special Vehicle Team (SVT). Caso continue recebendo esta mensagem, "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. 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. Have an opinion about this story? 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. Alpha One Ford Executive Assistant in the United States makes about $51,689 per year. With the people of Ford around the world, our leadership is committed to serving all of our stakeholder groups. 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. "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. He has held a lifelong passion for cars, with a particular interest in hot hatchbacks and off-road rigs. los inconvenientes que esto te pueda causar. 11% of the management team is Hispanic or Latino. 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. GMs Mary Barra earned $21.87 million in 2018. Lawler wasCEO of Ford Autonomous Vehicles and vice president of mobility partnerships. Executive Summary. 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. 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. 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. 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's Jim Hackett kept $16.7M pay package in 2020 despite stepping down. In 2021, Ford compensated its 15-member board of directorsin cash, stock and other benefits for a total value of $9,147,002. Both were scheduled to be released this year. Responses will be sent to those that include a return address, as appropriate. We havent detailed which ones," Ford spokesman T.R. ", 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 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. 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. 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. 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. las molestias. What do you think? 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. Tons of great salary information on Indeed.com In a year ravaged by the COVID-19 pandemic . "Those topics can be competitively sensitive, especially in a period of industry transition.". Steven Croley. Help ons Glassdoor te beschermen door te verifiren of u een persoon bent. Wir entschuldigen uns fr die Umstnde. Reid emailedthe Free Press in March. Ford posted adjusted EBIT for 2021 of $10 billion, roughly four times its 2020 earnings. 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. $121,049 / yr. Ford College Graduate salaries - 97 salaries reported. Additional pay could include bonus, stock, commission, profit sharing or tips. Heres what you need to know. Hackett stepped down as CEO on Oct. 1 but remained with the company as an adviser. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Ford executives hit 135 percent of their business performance targets in 2021 compared with just 23 percent the previous year, at the beginning of the coronavirus pandemic. Si vous continuez voir ce (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. 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. "Jim (Hackett) has been advising (Executive Chairman)Bill Ford and the management team on strategic issues. ISSN 0005-1551 (print) Farley's included$318,864 for personal use of aircraft. Based on 4 salaries posted anonymously by Ford Motor Company Executive Director employees in Freeport, MI. Heres the next step in their evolution. Onze This material may not be published, broadcast, rewritten, or redistributed. excuses voor het ongemak. Aiutaci a proteggere Glassdoor dimostrando che sei una persona reale. 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 estimated total pay for a Executive Director at Ford Motor Company is $440,417 per 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. 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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. The changes would apply to Galhotra, CEO Jim Farley, Executive Chair Bill Ford Jr. and other senior leaders. Yes, I'd like to receive email communications on editorial features, special offers, research and events and webinars from Automotive News. Follow her on Twitter @phoebesaid. His $16.7 million in total compensation broke down as $1.8 million in salary, $7.9. 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. See more newsletter options at autonews.com/newsletters. Manley earned 232 times the average FCA employee, whose total compensation was $62,259, as reported by the Detroit Free Press. That's up from $8,361,479 in 2019. 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. Please select at least one newsletter to subscribe. Executive Chair Bill Ford's total compensation rose about 16 percent to $18.6 million. Actual salary will be determined based on skills, experience (to the extent relevant) and other job-related factors, consistent with applicable law. CFO Bob Shanks, who was replaced by. 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. For more information, see ourPrivacy Policy. ISSN 2576-1064 (print) The automaker is also trying to figure out when to release its highly anticipated Ford Bronco and F-150. The automaker is also trying to. 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. 11% of employees are Black or African American. More: Bill Ford's controversial viewpoint has changed Detroit automaker. (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. Joseph "Chef Joe" Nader Jr., executive chef and former owner of a well-known chocolatier business and a meal prep business, has died. Ford Motor Company employees with the job title Senior Systems Engineer make the most with an average annual . 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. Haig Partners: How are dealerships being valued today? The annual virtual shareholders meeting is scheduled for May 12. Aircraft costs are based onfuel, maintenance, flight crew, insurance and hangar storage expenses. FORD MOTOR CO income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Please select at least one newsletter to subscribe. 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Choose your news we will deliver. How accurate is this most likely Total Pay range (base + additional) of $330K-$605K/yr? The company's compensation committee did, however, make a one-time alteration to its bonus plans to reward Ford's top executives for their response to the pandemic. White is the most common ethnicity company-wide. 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. Hackett was, by a wide margin, Fords largest individual earner in 2019. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). an. FORD MOTOR CO income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. The Ford Motor executive team is 35% female and 65% male. Member, Board of Directors, Ford Motor Company Alexandra Ford English Member, Board of Directors, Ford Motor Company HENRY FORD III Member, board of directors, Ford motor company William W. Helman IV Member, Board of Directors, Ford Motor Company Jon M. Huntsman, JR Vice Chair, Policy, Ford Motor Company WILLIAM E. KENNARD 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. 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. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Would you like to work at a company with active employee resource groups and opportunities to learn about and enjoy a variety of cultures? For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. 1155 Gratiot Avenue Aydanos a proteger Glassdoor y demustranos que eres una persona real. verdade. 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. Sales Associate salaries - 84 salaries reported. Henry Ford III, great-great-grandson of the founder, was paid $331,401. Indeed.com estimated this salary based on data from 1 employees, users and past and present job ads. The starting base salary for this Brea, CAposition is expected to be between $200,000.00 to $250,000.00 annually. 12% of the management team is Black or African American. Box 6248, Dearborn, MI 48126, U.S.A. Farley's pay included a $1.4 million base salary, $5.1. Stone, who was hired April 15 and assumed his CFO role June 1: $8.32 million. Allstate: Compliance standards are changing. 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. Stone earned $6.2 million, including a salary of just more than $1 million. Ford Motor has 186,000 employees, of which 104 are in a leadership position. Chief Policy Officer and General Counsel. View Comments. ISSN 0005-1551 (print) 48207-2997, Automotive News 2023 CBS Broadcasting Inc. All Rights Reserved. General Motors has notreleased its executive compensationfor 2021. 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. He earned a $1.7. Get a free, personalized salary estimate based on today's job market. Contact Phoebe Wall Howard: 313-618-1034 or phoward@freepress.com. Content in this story was edited after publishing. 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. Sign up and get the best of Automotive News delivered straight to your email inbox, free of charge. CEO Jim Farley, who assumedthe helmon Oct. 1, earned $11,802,054 in executive compensation for the whole year. Thorough reviews have been conducted to assure this data accurately reflects disclosures. William Ford: Executive: Republican Party: $14,200: Henry Ford: Sales/Marketing: Democratic Party: $14,000 . Meanwhile, the company will double bonuses for lower-level employees, from 54% of their . It's the Year of the Rabbit! Executive chairman Bill Ford received $16.8 million, while Joe Hinrichs (president, Automotive) was paid $11 million. 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 Salaries at Ford Motor Company range from an average of $68,185 to $132,153 a year. Als u dit bericht blijft zien, stuur dan een e-mail DirectorJon Huntsman was paid the most at$3.9 million. 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. 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. Thai-Tang and Kumar Galhotra, Ford's president of the Americas and International Markets Group, received incremental bonuses for their roles last year. 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 total consists of a $1.4 million base salary, $5.1 million in stock awards, and around $4.2 million in other awards. 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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. 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. Former CEO Jim Hackett received the largest pandemic bonus: $1.26 million. ; 61% of the management team is White. Haig: Buy-Sell Q&A: What is the value of an M&A advisor? Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. pour nous faire part du problme. More: Ford makes come-from-behind push with Mach-E as industry enters new era, More: Ford CEO Jim Farley is doing important work at TCF Center and few know it. 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 . real person. Based on our data team's research, James D. Farley Jr is the Ford Motor's CEO. 1155 Gratiot Avenue None of the information on this page has been provided or approved by Ford Motor. The estimated base pay is $196,149 per year. Ford's biggest individual earner last year was Hackett, who served as CEO from May 2017 to last October. Disculpa NISSAN: 2022 Pathfinder and 2022 Frontier, APCO HOLDINGS: Strategies for handling new F&I dynamics. Its just such a special thing to be part of, Chris says. The increase is largely attributed to Farley's stock awards, which more than tripled to about $16 million, according to the company's annual proxy statement filed Friday. 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. The employee data is based on information from people who have self-reported their past or current employments at Ford Motor. Heres how they performed in the first three months of this year: Zach is the managing editor for TFLcar. 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? naar Executive Chairman Bill Ford: $16.76 million, up from $13.83 million in 2018. Of interest to many nonprofit readers are the salaries paid to foundation executives and to the top people in nonprofit service providers. $62,968 / yr. Business Analyst salaries - 93 salaries reported. 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 $87,464 / yr. Product Manager salaries - 112 salaries reported. Big stock awards and performance gave Ford CEO Jim Farley a major boost in his 2021 payout. Lawler's total compensation in 2021 jumped about 60 percent to $9.4 million.
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