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. Meanwhile, the company will double bonuses for lower-level employees, from 54% of their . Lawler's compensation included a $715,000 salary and $27,313 for evaluation vehicles. Hackett was, by a wide margin, Fords largest individual earner in 2019. Actual salary will be determined based on skills, experience (to the extent relevant) and other job-related factors, consistent with applicable law. naar Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. questo messaggio, invia un'email all'indirizzo You may also find the annual proxy statement by going directly to the company's website. 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. Nous sommes dsols pour la gne occasionne. "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. The new totals reflect the addition of Alexandra Ford English and Henry Ford III. The CEO of Ford Motor is James D. Farley Jr. Henry Ford III and William E. Kennard founded Ford Motor. Coupled with an EBIT margin of 7.3 percent, it was Ford's strongest performance since 2016. Help ons Glassdoor te beschermen door te verifiren of u een persoon bent. 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. 48207-2997, Automotive News William Ford: Executive: Republican Party: $14,200: Henry Ford: Sales/Marketing: Democratic Party: $14,000 . Ci 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. He was 52. Both Hau Thai-Tang, now chief industrial platform officer, andKumar Galhotra, now president of Ford Blue,fell off the list of top paid executives. Detroit, Michigan 62% of the management team is White. Lisa Drake. $121,049 / yr. Ford College Graduate salaries - 97 salaries reported. 11% of the management team is Hispanic or Latino. an. 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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. He has held a lifelong passion for cars, with a particular interest in hot hatchbacks and off-road rigs. Meet members of the Ford Chinese Association and find out their favorite Lunar New Year traditions. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. 1155 Gratiot Avenue 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. 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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. Thai-Tang and Kumar Galhotra, Ford's president of the Americas and International Markets Group, received incremental bonuses for their roles last year. Auto theft has been on the rise over the past decade, and these states have been hit particularly hard. 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. Ford disclosed the salary and pay ratio data for its executives in an annual compensation report to the U.S. Securities and Exchange Commission. 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. Follow her on Twitter @phoebesaid. Box 6248, Dearborn, MI 48126, U.S.A. Among Southeastern Michigan foundations, topping the salary list is Rip Rapson of the Kresge Foundation at $695,468. Reid emailedthe Free Press in March. 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 If you would like to contact Fords Board of Directors please use the following address: Ford Motor Company, Customer Relationship Center, P.O. Henry Ford III, great-great-grandson of the founder, was paid $331,401. to let us know you're having trouble. Dianne Craig. Join us today at www.careers.ford.com and celebrate with us! What do you think? Stone, who was hired April 15 and assumed his CFO role June 1: $8.32 million. The annual virtual shareholders meeting is scheduled for May 12. Global Modern Slavery Statement (view PDF). 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? In a year ravaged by the COVID-19 pandemic . 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. "Mr. Thai-Tang sets a high standard of leadership behavior and was invaluable in supporting the CEO transition and internal reorganizations under his team," the company said. 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. CFO Bob Shanks, who was replaced by. General Motors CEO Mary Barraearned$21.6million in total compensation in 2019. 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. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Read more on Ford and sign up for our autos newsletter. See more newsletter options at autonews.com/newsletters. Salaries at Ford Motor Company range from an average of $68,185 to $132,153 a year. 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. All proxy statements are public filings made available to the general public by the SEC. Wir entschuldigen uns fr die Umstnde. DirectorJon Huntsman was paid the most at$3.9 million. "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. Ford's biggest individual earner last year was Hackett, who served as CEO from May 2017 to last October. 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? 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 Michael Amend, ina new role as of March 2021,was at $12,781,136. The dramatic difference in 2019, Ford said, related to pension values and how the data is calculated. Sign up and get the best of Automotive News delivered straight to your email inbox, free of charge. More: Bill Ford's controversial viewpoint has changed Detroit automaker. excuses voor het ongemak. "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. Haig Partners: How are dealerships being valued today? His compensation included $187,442 for personal use of aircraft and $921,030 for security. per informarci del problema. Farley, Lawler and Ford each received a "pandemic response award," valued at $685,319, $181,229 and $405,000, respectively. Car Wars: Is a Rise in Service Leading to Poor Customer Satisfaction? Indeed.com estimated this salary based on data from 1 employees, users and past and present job ads. 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. 2022 TFLcar.com - Road Chaser, Inc. All rights reserved. las molestias. Stellantis CEO Carlos Tavares made $21M in 2021. Product Manager salaries - 112 salaries reported. Sie weiterhin diese Meldung erhalten, informieren Sie uns darber bitte per E-Mail Farley received $685,330. 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. 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. Stone earned $6.2 million, including a salary of just more than $1 million. Join us at www.careers.ford.com! 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. "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.". Additional pay could include bonus, stock, commission, profit sharing or tips. "Those topics can be competitively sensitive, especially in a period of industry transition.". Concentrix: How can customer data drive a better automotive CX? Aydanos a proteger Glassdoor y demustranos que eres una persona real. 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. / CW50 Detroit. 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 most common ethnicity among Ford Motor executive officers is White. Yes, I'd like to receive email communications on editorial features, special offers, research and events and webinars from Automotive News. 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. In 2021, Ford compensated its 15-member board of directorsin cash, stock and other benefits for a total value of $9,147,002. Allstate: Compliance standards are changing. Sales Associate salaries - 84 salaries reported. 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. Ford Motor is 34% female and 66% male company-wide. 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. Aiutaci a proteggere Glassdoor dimostrando che sei una persona reale. Edsel B. Ford IIwas paid $811,469. scusiamo se questo pu causarti degli inconvenienti. Heres what you need to know. enviando un correo electrnico a Caso continue recebendo esta mensagem, 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. 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 . 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. How accurate is this most likely Total Pay range (base + additional) of $330K-$605K/yr? Heres what you need to know. We havent detailed which ones," Ford spokesman T.R. 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. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. White is the most common ethnicity company-wide. 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. General Motors has notreleased its executive compensationfor 2021. 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 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. ISSN 1557-7686 (online), Fixed Ops Journal 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. 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. Ford listed Hackett's retirement from the company as March 31, 2021, in its U.S. Securities and Exchange Commission filings. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. 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. not enough compared to other companies., Ford put the world on wheels over a century ago, but weve always thought like a start-up. CEO Jim Farley, who assumedthe helmon Oct. 1, earned $11,802,054 in executive compensation for the whole year. 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"Specifically, the financial performance of the company was above plan despite production losses due to the semiconductor supply shortage, the dividend was reinstated in the fourth quarter of 2021, and significant efforts were made to strengthen the balance sheet by repurchasing and redeeming $7.6 billion of high-cost debt, deleveraging the balance sheet and significantly reducing our ongoing interest expense.". Jim Farley, who is now chief operating officer, earned $5.9 million in 2019. More: Ford's Jim Hackett kept $16.7M pay package in 2020 despite stepping down. Click here to submit a Letter to the Editor, and we may publish it in print. He earned a $1.7. Process Coach salaries - 86 salaries reported. Kumar Galhotra, president of the Americas and International Markets Group, earned $8,534,094. FORD MOTOR CO income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Ajude-nos a manter o Glassdoor seguro confirmando que voc uma pessoa de Meanwhile, Farley is being rewarded on strength of performance in his first full year as CEO, said Ford spokesperson Catherine Hargett. While all Big Three automakers suffered on the sales front through March 2020, one strong area was in trucks. Farley's pay included a $1.7 million base salary, up 19 percent over 2020. That's down slightlyfrom nearly $17.4 million in 2019. para nos informar sobre o problema. GMs Mary Barra earned $21.87 million in 2018. 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). The Mustang exterior design manager took a circuitous career route to his current position, but he feels like hes right where he belongs now. If you continue to see this Please help us protect Glassdoor by verifying that you're a Nader, of Plymouth, died on Thursday, March 2, at . In this role, he is globally responsible for overseeing all aspects of the companys design, engineering, research and product development, as well as purchasing operations.He most recently has served as group vice president, Global Purchasing, a position Thai-Tang has held since August 1, 2013. The estimated total pay for a Executive Director at Ford Motor Company is $440,023 per year. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. (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. NISSAN: 2022 Pathfinder and 2022 Frontier, APCO HOLDINGS: Strategies for handling new F&I dynamics. Chief Advanced Product Development and Technology Officer. See more newsletter options at autonews.com/newsletters. The Times-Union compiled a list of the. Car Wars: Is a Rise in Service Leading to Poor Customer Satisfaction? Lamentamos pelo inconveniente. ; 11% of Ford Motor management is Hispanic or Latino. 48207-2997, Automotive News 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. Click here to submit a Letter to the Editor, and we may publish it in print. Haig: Buy-Sell Q&A: What is the value of an M&A advisor? For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. The estimated total pay for a Executive Director at Ford Motor Company is $440,417 per year. 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. ; 61% of the management team is White. Of interest to many nonprofit readers are the salaries paid to foundation executives and to the top people in nonprofit service providers. 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The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. Ford Motor may also be known as or be related to Ford Motor, FORD MOTOR CO, Ford Credit and Ford Motor Company. 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 envie um e-mail para Here are further demographic highlights of the leadership team: The Henry Ford Health System executive team is 44% female and 56% male. Allstate: Compliance standards are changing. Jim Farley promises 'Detroit swagger' will carry Ford from Model T to Mach-E. president of new business, technology and strategy, Bill Ford's controversial viewpoint has changed Detroit automaker, Ford makes come-from-behind push with Mach-E as industry enters new era, Ford CEO Jim Farley is doing important work at TCF Center and few know it, Ford's plan to defer government loan payments a 'concerning sign', Ford hires global CMO from eBay amid shakeup in tech, vehicle launches, Bill Ford describes his future, role of daughter as first female Ford family member on board, Despite COVID-19 and scandal, UAW income and strike fund grow with steady membership, Ford puts 4 properties on the selling block, 35 sites under review in Dearborn area, Michigan Central Station on track for 2022 finish: 'This is a Phoenix rising', Your California Privacy Rights/Privacy Policy. Get a free, personalized salary estimate based on today's job market. Disculpa Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. 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. 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. ISSN 1557-7686 (online), Fixed Ops Journal Non-Executive Chairman and Co-Founder of Velocitas Partners, Executive Vice President of Product Development & Purchasing.

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