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. Executive Chairman Bill Ford: $16.76 million, up from $13.83 million in 2018. Wenn General Motors CEO Mary Barraearned$21.6million in total compensation in 2019. The company's 2021 earnings included a $7.4 billion profit in North America. Ford posted adjusted EBIT for 2021 of $10 billion, roughly four times its 2020 earnings. 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 an. He was 52. Heres the next step in their evolution. The ratio of the CEO's total compensation to the medianof all employees' total compensation is 356 to 1. Haig: Buy-Sell Q&A: What is the value of an M&A advisor? Aydanos a proteger Glassdoor verificando que eres una persona real. 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. 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? Stellantis CEO Carlos Tavares made $21M in 2021. View Top Engineering Executive Salary in Kyles Ford, TN, and get a free salary report with salary range, bonus, and benefits information. 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. $62,968 / yr. Business Analyst salaries - 93 salaries reported. The estimated total pay for a Executive Director at Ford Motor Company is $440,417 per year. Ford's biggest individual earner last year was Hackett, who served as CEO from May 2017 to last October. 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. 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. At time of writing, Fords production facilities are shut down for manufacturing vehicles. Follow her on Twitter @phoebesaid. NISSAN: 2022 Pathfinder and 2022 Frontier, APCO HOLDINGS: Strategies for handling new F&I dynamics. 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. Joseph "Chef Joe" Nader Jr., executive chef and former owner of a well-known chocolatier business and a meal prep business, has died. Alexandra Ford English, the great-great-granddaughter of founder Henry Ford, was paid $571,701. That's up from $8,361,479 in 2019. message, contactez-nous l'adresse 48207-2997, Automotive News Aircraft costs are based onfuel, maintenance, flight crew, insurance and hangar storage expenses. Hau Thai-Tang, chief product platform and operations officer, made $11.8 million, including a $1.2 million salary. FORD MOTOR CO income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Tons of great salary information on Indeed.com Executive Chairman Bill Ford's total compensation declined 4.2 percent to $16 million. While Hackett did earn a substantial amount, he hasnt been the highest-earning automotive executive among the Big Three. 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 You can unsubscribe at any time through links in these emails. Hau Thai-Tang, who was promoted from chief product development and purchasing officer tochief product platformand operations officer, at$11,780,405. Among Southeastern Michigan foundations, topping the salary list is Rip Rapson of the Kresge Foundation at $695,468. Average salary for Ford Motor Company Executive Director in Freeport, MI: [salary]. Manley earned 232 times the average FCA employee, whose total compensation was $62,259, as reported by the Detroit Free Press. Contact Phoebe Wall Howard at 313-222-6512 or phoward@freepress.com. real person. 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. Can someone explain levels hierarchy at Ford? Lisa Drake. You can unsubscribe at any time through links in these emails. Lawler wasCEO of Ford Autonomous Vehicles and vice president of mobility partnerships. The automaker is also trying to figure out when to release its highly anticipated Ford Bronco and F-150. It's the Year of the Rabbit! 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. Ford's 2019 compensation for its top executives, which includes salary, incentive bonuses, stock, and other perks, is broken down as follows: CEO Jim Hackett: $17.36 million Executive Chairman Bill Ford: $16.76 million CFO Tim Stone: $8.32 million CFO Bob Shanks: $8.32 million The information shown here is a reporting of information included in the company's proxy statement. Hackett was, by a wide margin, Fords largest individual earner in 2019. Yes, I'd like to receive email communications on editorial features, special offers, research and events and webinars from Automotive News. This report is not for commercial use. 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). Meanwhile, the company will double bonuses for lower-level employees, from 54% of their . Concentrix: How can customer data drive a better automotive CX? 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. Ajude-nos a manter o Glassdoor seguro confirmando que voc uma pessoa de None of the information on this page has been provided or approved by Ford Motor. Non-Executive Chairman and Co-Founder of Velocitas Partners, Executive Vice President of Product Development & Purchasing. "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.". 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. Former CEO Jim Hackett received the largest pandemic bonus: $1.26 million. For more information, see ourPrivacy Policy. Some related job titles areChief Operating Officer salaries with median pay of $354,128,Senior Director salaries with median pay of $326,769,Vice President salaries with median pay of $321,609,CEO salaries with median pay of $377,206. Doug Field. Car Wars: Is a Rise in Service Leading to Poor Customer Satisfaction? Si vous continuez voir ce Related Searches:All Executive Director Salaries|All Ford Motor Company Salaries. Join us today at www.careers.ford.com and celebrate with us! The CEO of Ford Motor is James D. Farley Jr. Henry Ford III and William E. Kennard founded Ford Motor. Aiutaci a proteggere Glassdoor dimostrando che sei una persona reale. 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. 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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. 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. Happy Lunar New Year from all of us at Ford! For more information, see ourPrivacy Policy. Box 6248, Dearborn, MI 48126, U.S.A. Jim Farley, who is now chief operating officer, earned $5.9 million in 2019. Chief Policy Officer and General Counsel. $77,253 / yr. Both were scheduled to be released this year. Would you like to work at a company with active employee resource groups and opportunities to learn about and enjoy a variety of cultures? The starting base salary for this Brea, CAposition is expected to be between $200,000.00 to $250,000.00 annually. April 27, 2020 / 10:59 PM 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. 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. Follow her on Twitter @phoebesaid. He earned a $1.7. 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. William Ford: Executive: Republican Party: $14,200: Henry Ford: Sales/Marketing: Democratic Party: $14,000 . scusiamo se questo pu causarti degli inconvenienti. In a year ravaged by the COVID-19 pandemic . Executive Chair Bill Ford's total compensation rose about 16 percent to $18.6 million. 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. Ford Motor Company employees with the job title Senior Systems Engineer make the most with an average annual . Detroit, Michigan Heres what you need to know. Thai-Tang and Kumar Galhotra, Ford's president of the Americas and International Markets Group, received incremental bonuses for their roles 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. In that report, the company showed how much Ford employees made last year as well as top-earners, like CEO Jim Hackett. The Ford Motor executive team is 35% female and 65% male. Please select at least one newsletter to subscribe. 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. The employee data is based on information from people who have self-reported their past or current employments at Ford Motor. We havent detailed which ones," Ford spokesman T.R. Ford Motor has 186,000 employees, of which 104 are in a leadership position. Farley's pay included a $1.4 million base salary, $5.1. 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Big stock awards and performance gave Ford CEO Jim Farley a major boost in his 2021 payout. 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Base salary considers skills, experience and competitive market value. Ford Motor is 34% female and 66% male company-wide. Global Modern Slavery Statement (view PDF). Both Hau Thai-Tang, now chief industrial platform officer, andKumar Galhotra, now president of Ford Blue,fell off the list of top paid executives. "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. Here are further demographic highlights of the leadership team: The Ford Motor executive team is 35% female and 65% male. What do you think? ; 11% of Ford Motor management is Hispanic or Latino. Lawler's total compensation in 2021 jumped about 60 percent to $9.4 million. Bill Ford at $18,662,706, up from $16,046,542 in 2020. 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. 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. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. ISSN 0005-1551 (print) . Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Have an opinion about this story? para informarnos de que tienes problemas. Actual salary will be determined based on skills, experience (to the extent relevant) and other job-related factors, consistent with applicable law. Neither General Motors nor Stellantis have released their executive compensation packages for 2020. View Comments. 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 . 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. 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. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. 9% of Henry Ford Health System management is Hispanic or Latino. Ford reported Farley's CEOpay as$12,491,540 when annualized, or202 times more than the median compensation for all its employees, excluding the CEO. It's the Chevy Bolt vs MINI SE by someone who actually used both for daily drivers. Nous sommes dsols pour la gne occasionne. 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. ISSN 1557-7686 (online), Fixed Ops Journal NISSAN: 2022 Pathfinder and 2022 Frontier, APCO HOLDINGS: Strategies for handling new F&I dynamics. "Jim (Hackett) has been advising (Executive Chairman)Bill Ford and the management team on strategic issues. And also salary ranges/ benefits for those levels?Current TC: 95k If you would like to contact Fords Board of Directors please use the following address: Ford Motor Company, Customer Relationship Center, P.O. ; 10% of the management team is Black or African American. 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"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. Ford's biggest individual earner last year was Hackett, who served as CEO from May 2017 tolastOctober. The Times-Union compiled a list of the. 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. Join us at www.careers.ford.com! Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. 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. That's down slightlyfrom nearly $17.4 million in 2019. 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. Se continui a visualizzare That total consists of a $1.4 million base salary, $5.1 million in stock awards, and around $4.2 million in other awards. Haig Partners: How are dealerships being valued today? Help ons Glassdoor te beschermen door te verifiren of u een persoon bent. More: Ford's Jim Hackett kept $16.7M pay package in 2020 despite stepping down. . 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. 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. March 18, 2022 11:26 AM Michael Martinez Ford CEO Jim Farley DETROIT Ford Motor Co. CEO Jim. not enough compared to other companies., Ford put the world on wheels over a century ago, but weve always thought like a start-up. He has held a lifelong passion for cars, with a particular interest in hot hatchbacks and off-road rigs. 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.