Chief Policy Officer and General Counsel. 11% of employees are Black or African American. om ons te informeren over dit probleem. Ford CEO Jim Farley received total compensation of $22,813,174in 2021for running the company, according to documents the Dearborn automakerreleased Friday. 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. For its 2021 fiscal year, FORD MOTOR CO, listed the following board members on its annual proxy statement to the SEC. Sie weiterhin diese Meldung erhalten, informieren Sie uns darber bitte per E-Mail 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. White is the most common ethnicity company-wide. Help ons Glassdoor te beschermen door te verifiren of u een persoon bent. Both Hau Thai-Tang, now chief industrial platform officer, andKumar Galhotra, now president of Ford Blue,fell off the list of top paid executives. GM has not yet reported her total compensation for 2019. Lawler wasCEO of Ford Autonomous Vehicles and vice president of mobility partnerships. . Former CEO Jim Hackett received the largest pandemic bonus: $1.26 million. Jim Farley, who is now chief operating officer, earned $5.9 million in 2019. Ford shores up cash as COVID-19 strangles economy - Detroit Free Press FORD MOTOR CO Executive Salaries & Other Compensation - Salary.com Have an opinion about this story? More: Ford's plan to defer government loan payments a 'concerning sign', More: Ford hires global CMO from eBay amid shakeup in tech, vehicle launches. 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. to let us know you're having trouble. He was 52. Tons of great salary information on Indeed.com Please select at least one newsletter to subscribe. Follow her on Twitter @phoebesaid. Follow her on Twitter @phoebesaid. Heres what you need to know. 9% of Henry Ford Health System management is Hispanic or Latino. Edsel B. Ford IIwas paid $811,469. The estimated total pay for a Executive Director at Ford Motor Company is $440,417 per year. 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. 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 proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. You can unsubscribe at any time through links in these emails. 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. 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. 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. 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. Neither General Motors nor Stellantis have released their executive compensation packages for 2020. Of interest to many nonprofit readers are the salaries paid to foundation executives and to the top people in nonprofit service providers. Haig: Buy-Sell Q&A: What is the value of an M&A advisor? Ford posted adjusted EBIT for 2021 of $10 billion, roughly four times its 2020 earnings. In that report, the company showed how much Ford employees made last year as well as top-earners, like CEO Jim Hackett. Farley received $685,330. 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 Company employees with the job title Senior Systems Engineer make the most with an average annual . 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. Ford Motor Company salaries: How much does Ford Motor Company pay? - Indeed FORD MOTOR CO income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. 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). Alexandra Ford English, the great-great-granddaughter of founder Henry Ford, was paid $571,701. Box 6248, Dearborn, MI 48126, U.S.A. Ford's Top Executives Partially Defer Their Salaries, After Earning #WeAreFord #FordChinese Association "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. FORD MOTOR CO annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Ford last year recorded its first net loss since the Great Recession $1.3 billion mostly as a result of the pandemic, and revenue fell 9 percent. Product Manager salaries - 112 salaries reported. Ford to double bonus payments for some salaried employees after outcry He earned a $1.7. "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. The ratio of the CEO's total compensation to the medianof all employees' total compensation is 356 to 1. 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. Coupled with an EBIT margin of 7.3 percent, it was Ford's strongest performance since 2016. Sales Associate salaries - 84 salaries reported. Wenn PDF 2022 New Hire Benefits Summary - Ford Corporate 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. Working At Ford Motor: Employee Reviews And Culture - Zippia 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. Joe Nader, the former executive chef at Ford Field, dies at 52 $121,049 / yr. Ford College Graduate salaries - 97 salaries reported. Auto theft has been on the rise over the past decade, and these states have been hit particularly hard. Farley's pay included a $1.4 million base salary, $5.1. 62% of the management team is White. Your input helps Glassdoor refine our pay estimates over time. His compensation included $187,442 for personal use of aircraft and $921,030 for security. Choose your news we will deliver. 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). Ford Motor has 186,000 employees, of which 104 are in a leadership position. Manley earned 232 times the average FCA employee, whose total compensation was $62,259, as reported by the Detroit Free Press. 2020 CBS Broadcasting Inc. All Rights Reserved. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. 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? 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. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. John Lawler, who replaced Stone as CFO on Oct. 1, at $5,983,141. Levels at Ford? - Blind ISSN 0005-1551 (print) 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. Join us today at www.careers.ford.com and celebrate with us! Exterior Design Manager Reflects on Passion for Mustang, Development of All-New Model. Thelower amountin this years filingreflects whatLawler actually received. Tons of great salary information on Indeed.com Contact Phoebe Wall Howard: 313-618-1034 or [email protected]. 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Heres how they performed in the first three months of this year: Zach is the managing editor for TFLcar. He has held a lifelong passion for cars, with a particular interest in hot hatchbacks and off-road rigs. 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. para informarnos de que tienes problemas. "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. The Times-Union compiled a list of the. Please enable Cookies and reload the page. Aircraft costs are based onfuel, maintenance, flight crew, insurance and hangar storage expenses. GM CEO Mary Barra received a $23.6 million package in 2020. His responsibilities expanded last year. 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. Lawler's total compensation in 2021 jumped about 60 percent to $9.4 million. 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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. The dramatic difference in 2019, Ford said, related to pension values and how the data is calculated. Meanwhile, Farley is being rewarded on strength of performance in his first full year as CEO, said Ford spokesperson Catherine Hargett. Yes, I'd like to receive email communications on editorial features, special offers, research and events and webinars from Automotive News. Ford disclosed the salary and pay ratio data for its executives in an annual compensation report to the U.S. Securities and Exchange Commission. "His CEO compensation is 90% performance based and is in line with his industry peers.". los inconvenientes que esto te pueda causar. 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. Its just such a special thing to be part of, Chris says. Ford CEO Jim Farley Made $11.8 Million In 2020 Compensation Actual salary will be determined based on skills, experience (to the extent relevant) and other job-related factors, consistent with applicable law. Kumar Galhotra, president of the Americas and International Markets Group, earned $8,534,094. Heres the next step in their evolution, Champ: The history of titling and the cost of human error. General Motors has notreleased its executive compensationfor 2021. 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 . 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. Executive Chair Bill Ford's total compensation rose about 16 percent to $18.6 million. 1155 Gratiot Avenue While all Big Three automakers suffered on the sales front through March 2020, one strong area was in trucks. pour nous faire part du problme. Detroit, Michigan 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. Can someone explain levels hierarchy at Ford? For more information, see ourPrivacy Policy. Heres the next step in their evolution, Champ: The history of titling and the cost of human error. That total consists of a $1.4 million base salary, $5.1 million in stock awards, and around $4.2 million in other awards. That's up from $8,361,479 in 2019. Ford said executives exceeded cash flow, pretax earnings and quality targets, although they achieved none of their revenue goals. 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. Sign up and get the best of Automotive News delivered straight to your email inbox, free of charge. William Ford: Executive: Republican Party: $14,200: Henry Ford: Sales/Marketing: Democratic Party: $14,000 . 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 information shown here is a reporting of information included in the company's proxy statement. 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. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. If you would like to contact Fords Board of Directors please use the following address: Ford Motor Company, Customer Relationship Center, P.O. Se continui a visualizzare 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. Big stock awards and performance gave Ford CEO Jim Farley a major boost in his 2021 payout. Our Leadership - Ford Corporate 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 Ford Company Executive Salaries Top $70M While Ford Made Only $47M 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. April 27, 2020 / 10:59 PM 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. Read more on Ford and sign up for our autos newsletter. ; 10% of the management team is Black or African American. 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. scusiamo se questo pu causarti degli inconvenienti. His base salary of $1.7 million was unchanged, but his stock awards more than doubled to $13.8 million. First published on April 27, 2020 / 10:59 PM. Average Ford Motor Company Salary | PayScale 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 . Haig: Buy-Sell Q&A: What is the value of an M&A advisor? Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. message, please email The changes would apply to Galhotra, CEO Jim Farley, Executive Chair Bill Ford Jr. and other senior leaders. Bitte helfen Sie uns, Glassdoor zu schtzen, indem Sie besttigen, dass Sie What do you think? Process Coach salaries - 86 salaries reported. 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? 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. 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. 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 Year of the Rabbit! 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. Haig Partners: How are dealerships being valued today? Concentrix: How can customer data drive a better automotive CX? [Photo: Ford] Ford disclosed the salary and pay ratio data for its executives in an . Ford Motor CEO And Leadership: Executives and Demographics Please select at least one newsletter to subscribe. Among Southeastern Michigan foundations, topping the salary list is Rip Rapson of the Kresge Foundation at $695,468. 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. How much Ford's CEO, other top executives made in 2020 - Automotive News In a year ravaged by the COVID-19 pandemic . CFO Bob Shanks, who was replaced by. 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. Based on 4 salaries posted anonymously by Ford Motor Company Executive Director employees in Freeport, MI. (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. (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. Executive Summary. 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. "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.". 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Aydanos a proteger Glassdoor verificando que eres una persona real. envie um e-mail para Ajude-nos a manter o Glassdoor seguro confirmando que voc uma pessoa de 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. . 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 Executive - Hinderliter de Llamas & Associates Haig Partners: How are dealerships being valued today? 48207-2997, Automotive News 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. Wir entschuldigen uns fr die Umstnde. Aiutaci a proteggere Glassdoor dimostrando che sei una persona reale. 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
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