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. 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. Bitte helfen Sie uns, Glassdoor zu schtzen, indem Sie besttigen, dass Sie The data presented on this page does not represent the view of Ford Motor and its employees or that of Zippia. After growing up surrounded by Mustangs, it seemed inevitable that Chris Walter would end up working on them. Both Hau Thai-Tang, now chief industrial platform officer, andKumar Galhotra, now president of Ford Blue,fell off the list of top paid executives. Choose your news we will deliver. Have an opinion about this story? 2022 TFLcar.com - Road Chaser, Inc. All rights reserved. real person. Responses will be sent to those that include a return address, as appropriate. Thai-Tang and Kumar Galhotra, Ford's president of the Americas and International Markets Group, received incremental bonuses for their roles last year. 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 those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. Onze Based on our data team's research, James D. Farley Jr is the Ford Motor's CEO. pour nous faire part du problme. 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. None of the information on this page has been provided or approved by Ford Motor. Executive Chairman Bill Ford's total compensation declined 4.2 percent to $16 million. March 18, 2022 11:26 AM Michael Martinez Ford CEO Jim Farley DETROIT Ford Motor Co. CEO Jim. 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. Read more on Ford and sign up for our autos newsletter. om ons te informeren over dit probleem. 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. Hau Thai-Tang is executive vice president of Product Development and Purchasing, Ford Motor Company, effective June 1, 2017. His compensation also included $830,305 for personal use of aircraft. 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 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. FORD MOTOR CO annual reports of executive compensation and pay are most commonly found in the Def 14a documents. It's the Year of the Rabbit! The estimated total pay for a Executive Director at Ford Motor Company is $440,417 per year. That's down slightlyfrom nearly $17.4 million in 2019. NISSAN: 2022 Pathfinder and 2022 Frontier, APCO HOLDINGS: Strategies for handling new F&I dynamics. 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. 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. Lawler's compensation included a $715,000 salary and $27,313 for evaluation vehicles. If you would like to contact Fords Board of Directors please use the following address: Ford Motor Company, Customer Relationship Center, P.O. 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. Additional pay could include bonus, stock, commission, profit sharing or tips. April 27, 2020 / 10:59 PM General Motors CEO Mary Barraearned$21.6million in total compensation in 2019. Wir entschuldigen uns fr die Umstnde. 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? The Mustang exterior design manager took a circuitous career route to his current position, but he feels like hes right where he belongs now. 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 . Auto theft has been on the rise over the past decade, and these states have been hit particularly hard. Its just such a special thing to be part of, Chris says. The changes would apply to Galhotra, CEO Jim Farley, Executive Chair Bill Ford Jr. and other senior leaders. 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. Other highly-paid executives include chief financial officer Tim Stone, who earned $8.3 million in his first year at Ford. While Hackett did earn a substantial amount, he hasnt been the highest-earning automotive executive among the Big Three. Farley's included$318,864 for personal use of aircraft. Aydanos a proteger Glassdoor verificando que eres una persona real. 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. 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. Stone, who was hired April 15 and assumed his CFO role June 1: $8.32 million. 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). Read more on Ford and sign up for our autos newsletter. His compensation included $187,442 for personal use of aircraft and $921,030 for security. 2020 CBS Broadcasting Inc. All Rights Reserved. The company's 2021 earnings included a $7.4 billion profit in North America. 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 . Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. This report is not for commercial use. Allstate: Compliance standards are changing. 1155 Gratiot Avenue Kumar Galhotra, president of the Americas and International Markets Group, earned $8,534,094. Former CFO Bob Shanks also received $8.3 million in 2019. 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. Steven Croley. 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). 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. Contact Phoebe Wall Howard at 313-222-6512 or phoward@freepress.com. Have an opinion about this story? Content in this story was edited after publishing. Aiutaci a proteggere Glassdoor dimostrando che sei una persona reale. excuses voor het ongemak. Salary ranges represent what Ford pays for a job within a salary grade or leadership level based Would you like to work at a company with active employee resource groups and opportunities to learn about and enjoy a variety of cultures? His base salary of $1.7 million was unchanged, but his stock awards more than doubled to $13.8 million. Actual salary will be determined based on skills, experience (to the extent relevant) and other job-related factors, consistent with applicable law. 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Lisa Drake. "His CEO compensation is 90% performance based and is in line with his industry peers.". $121,049 / yr. Ford College Graduate salaries - 97 salaries reported. 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. Vice President, EV Industrialization, Ford Model e. James D. Farley, Jr. President and Chief Executive Officer. Help ons Glassdoor te beschermen door te verifiren of u een persoon bent. Car Wars: Is a Rise in Service Leading to Poor Customer Satisfaction? $77,253 / yr. 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. 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. 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. 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. Please select at least one newsletter to subscribe. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. Lawler wasCEO of Ford Autonomous Vehicles and vice president of mobility partnerships. Average salary for Ford Motor Company Executive Director in Freeport, MI: [salary]. Reid emailedthe Free Press in March. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. We havent detailed which ones," Ford spokesman T.R. 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. 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. His $16.7 million in total compensation broke down as $1.8 million in salary, $7.9. / CW50 Detroit. 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. scusiamo se questo pu causarti degli inconvenienti. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. 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. 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How accurate is this most likely Total Pay range (base + additional) of $330K-$605K/yr? #WeAreFord Big stock awards and performance gave Ford CEO Jim Farley a major boost in his 2021 payout. GM CEO Mary Barra received a $23.6 million package in 2020. 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. His compensation also included $400,895 for personal use of aircraft and $1.3 million for security. Nader, of Plymouth, died on Thursday, March 2, at . GMs Mary Barra earned $21.87 million in 2018. Among Southeastern Michigan foundations, topping the salary list is Rip Rapson of the Kresge Foundation at $695,468. questo messaggio, invia un'email all'indirizzo 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. Doug Field. 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. White is the most common ethnicity company-wide. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. 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. Sie weiterhin diese Meldung erhalten, informieren Sie uns darber bitte per E-Mail (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. "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. Thorough reviews have been conducted to assure this data accurately reflects disclosures. Former CEO Jim Hackett received the largest pandemic bonus: $1.26 million. 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. 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. 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. Alexandra Ford English, the great-great-granddaughter of founder Henry Ford, was paid $571,701. los inconvenientes que esto te pueda causar. 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. 48207-2997, Automotive News 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. Lamentamos pelo inconveniente. Aircraft costs are based onfuel, maintenance, flight crew, insurance and hangar storage expenses. His responsibilities expanded last year. "We regularly meet with investors to discuss and receive feedback on various topics, including long-term strategy; financial and operating performance; risk management; environmental, social, and governance practices, and executive compensation practices," the Ford filing said. "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. Als u dit bericht blijft zien, stuur dan een e-mail Choose your news we will deliver. Hau Thai-Tang, chief product platform and operations officer, made $11.8 million, including a $1.2 million salary. In 2021, Ford compensated its 15-member board of directorsin cash, stock and other benefits for a total value of $9,147,002. Executive Chair Bill Ford's total compensation rose about 16 percent to $18.6 million. In that report, the company showed how much Ford employees made last year as well as top-earners, like CEO Jim Hackett. DETROIT Ford Motor Co. CEO Jim Farley's total compensation soared 93 percent to $22.8 million in 2021, his first full year as the company's chief executive. For more information, see ourPrivacy Policy. 1155 Gratiot Avenue Meet members of the Ford Chinese Association and find out their favorite Lunar New Year traditions. Product Manager salaries - 112 salaries reported. Do you want to design products people fall in love with? Farley, Lawler and Ford each received a "pandemic response award," valued at $685,319, $181,229 and $405,000, respectively. Tons of great salary information on Indeed.com 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. 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. 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). This employer has claimed their Employer Profile and is engaged in the Glassdoor community. William Ford: Executive: Republican Party: $14,200: Henry Ford: Sales/Marketing: Democratic Party: $14,000 . You can unsubscribe at any time through links in these emails. Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. 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 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. Farley received $685,330. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. 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. ISSN 0005-1551 (print) Please enable Cookies and reload the page. "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: Buy-Sell Q&A: What is the value of an M&A advisor? Here are further demographic highlights of the leadership team: James D. Farley Jr. (born June 10, 1962) is an American automotive executive who currently serves as Ford Motor Company's chief executive officer since October 1, 2020. The new totals reflect the addition of Alexandra Ford English and Henry Ford III. Farley held multiple leadershiproles in 2020, including president of new business, technology and strategy as well aschief operating officer. Non-Executive Chairman and Co-Founder of Velocitas Partners, Executive Vice President of Product Development & Purchasing. The Henry - Autograph Collection Jobs Near Me, Maintenance Supervisor jobs at Ford Motor, Production Team Member jobs at Ford Motor, Human Resources Associate jobs at Ford Motor, Senior Software Engineer jobs at Ford Motor, Software Development Engineer jobs at Ford Motor, Embedded Software Engineer jobs at Ford Motor. See more newsletter options at autonews.com/newsletters. Dianne Craig. Ford Motor Company employees with the job title Senior Systems Engineer make the most with an average annual . The employee data is based on information from people who have self-reported their past or current employments at Ford Motor. Happy Lunar New Year from all of us at Ford! para informarnos de que tienes problemas. Tommy covers which is better for your buck! ; 61% of the management team is White. Hackett was, by a wide margin, Fords largest individual earner in 2019. Hackett stepped down as CEO on Oct. 1 but remained with the company as an adviser. Ford said executives exceeded cash flow, pretax earnings and quality targets, although they achieved none of their revenue goals. Heres how they performed in the first three months of this year: Zach is the managing editor for TFLcar. . Ajude-nos a manter o Glassdoor seguro confirmando que voc uma pessoa de an. General Motors has notreleased its executive compensationfor 2021. #WeAreFord #FordChinese Association ; 11% of Ford Motor management is Hispanic or Latino. The national average salary for a Ford Motor employee in the United States is $66,872 per year. ", 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'. Stone earned $6.2 million, including a salary of just more than $1 million. Henry Ford III, great-great-grandson of the founder, was paid $331,401. 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: How are dealerships being valued today? For more information, see ourPrivacy Policy. 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.