Here are further demographic highlights of the leadership team: The Ford Motor executive team is 35% female and 65% male. Hau Thai-Tang, chief product platform and operations officer, made $11.8 million, including a $1.2 million salary. 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. "Jim (Hackett) has been advising (Executive Chairman)Bill Ford and the management team on strategic issues. In 2021, Ford compensated its 15-member board of directorsin cash, stock and other benefits for a total value of $9,147,002. Coupled with an EBIT margin of 7.3 percent, it was Ford's strongest performance since 2016. The estimated base pay is $196,149 per year. 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. 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Tons of great salary information on Indeed.com Wenn Ci His compensation also included $830,305 for personal use of aircraft. 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. #WeAreFord The Ford Motor executive team is 35% female and 65% male. 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. 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. "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. See more newsletter options at autonews.com/newsletters. "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. (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. Stone earned $6.2 million, including a salary of just more than $1 million. 1155 Gratiot Avenue After growing up surrounded by Mustangs, it seemed inevitable that Chris Walter would end up working on them. 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. Big stock awards and performance gave Ford CEO Jim Farley a major boost in his 2021 payout. The most common ethnicity among Ford Motor executive officers is White. 1155 Gratiot Avenue Stellantis CEO Carlos Tavares made $21M in 2021. Former CEO Jim Hackett received the largest pandemic bonus: $1.26 million. $121,049 / yr. Ford College Graduate salaries - 97 salaries reported. ein Mensch und keine Maschine sind. Global Modern Slavery Statement (view PDF). Si continas recibiendo este mensaje, infrmanos del problema 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. "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. Chief Advanced Product Development and Technology Officer. 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. ", 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'. Fords stock prices have also tumbled to just over $4 a share (down over half in March alone), and the company had its credit rating downgraded to junk status on lower demand caused by the coronavirus pandemic, and an outlook that Ford could struggle to maintain a competitive position as it burns through its cash reserves and lines of credit. In that report, the company showed how much Ford employees made last year as well as top-earners, like CEO Jim Hackett. Ford Motor Company employees with the job title Senior Systems Engineer make the most with an average annual . ; 10% of the management team is Black or African American. 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. You can unsubscribe at any time through links in these emails. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. 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). Aiutaci a proteggere Glassdoor dimostrando che sei una persona reale. At time of writing, Fords production facilities are shut down for manufacturing vehicles. $77,253 / yr. message, please email The changes would apply to Galhotra, CEO Jim Farley, Executive Chair Bill Ford Jr. and other senior leaders. Choose your news we will deliver. Have an opinion about this story? Your input helps Glassdoor refine our pay estimates over time. Among Southeastern Michigan foundations, topping the salary list is Rip Rapson of the Kresge Foundation at $695,468. 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. FORD MOTOR CO annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Based on our data team's research, James D. Farley Jr is the Ford Motor's CEO. The ratio of the CEO's total compensation to the medianof all employees' total compensation is 356 to 1. The estimated additional pay is $244,268 per year. Ford said executives exceeded cash flow, pretax earnings and quality targets, although they achieved none of their revenue goals. FORD MOTOR CO income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. 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. What do you think? The Detroit News. Detroit, Michigan 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. "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. Bitte helfen Sie uns, Glassdoor zu schtzen, indem Sie besttigen, dass Sie Hackett stepped down as CEO on Oct. 1 but remained with the company as an adviser. 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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. Allstate: Compliance standards are changing. The estimated base pay is $196,580 per year. Alpha One Ford Executive Assistant in the United States makes about $51,689 per year. Kumar Galhotra, president of the Americas and International Markets Group, earned $8,534,094. 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. 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. Meet members of the Ford Chinese Association and find out their favorite Lunar New Year traditions. 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. Alexandra Ford English, the great-great-granddaughter of founder Henry Ford, was paid $571,701. Haig Partners: How are dealerships being valued today? John Lawler, who replaced Stone as CFO on Oct. 1, at $5,983,141. Hau Thai-Tang is executive vice president of Product Development and Purchasing, Ford Motor Company, effective June 1, 2017. April 27, 2020 / 10:59 PM Follow her on Twitter @phoebesaid. "Those topics can be competitively sensitive, especially in a period of industry transition.". Responses will be sent to those that include a return address, as appropriate. Managing Director, Product Development, Ford-Werke GmbH, and Executive Director, Engineering, Ford of Europe Dave Bozeman Vice President, Ford Customer Service Division, Enthusiast Vehicles, Ford Blue Its just such a special thing to be part of, Chris says. None of the information on this page has been provided or approved by Ford Motor. And also salary ranges/ benefits for those levels?Current TC: 95k 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. In a year ravaged by the COVID-19 pandemic . The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. 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. This report is not for commercial use. 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). 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. 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. White is the most common ethnicity company-wide. ; 61% of the management team is White. For its 2021 fiscal year, FORD MOTOR CO, listed the following board members on its annual proxy statement to the SEC. Would you like to work at a company with active employee resource groups and opportunities to learn about and enjoy a variety of cultures? DirectorJon Huntsman was paid the most at$3.9 million. Onze not enough compared to other companies., Ford put the world on wheels over a century ago, but weve always thought like a start-up. excuses voor het ongemak. 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. Dianne Craig. Average salary for Ford Motor Company Executive Director in Freeport, MI: [salary]. 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. President, Lincoln. Employees did achieve higher compensation than in 2018 (when it was $64,316), but Ford acknowledged that drastic difference came down to pension values and how it calculates compensation figures. Sign up and get the best of Automotive News delivered straight to your email inbox, free of charge. Please enable Cookies and reload the page. 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. Ford's biggest individual earner last year was Hackett, who served as CEO from May 2017 to last October. 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.
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