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. 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 William Ford: Executive: Republican Party: $14,200: Henry Ford: Sales/Marketing: Democratic Party: $14,000 . Caso continue recebendo esta mensagem, "Those topics can be competitively sensitive, especially in a period of industry transition.". Ford Motor may also be known as or be related to Ford Motor, FORD MOTOR CO, Ford Credit and Ford Motor Company. The annual virtual shareholders meeting is scheduled for May 12. 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 The estimated base pay is $196,149 per year. His $16.7 million in total compensation broke down as $1.8 million in salary, $7.9. And also salary ranges/ benefits for those levels?Current TC: 95k Als u dit bericht blijft zien, stuur dan een e-mail Executive Summary. pour nous faire part du problme. Farley held multiple leadershiproles in 2020, including president of new business, technology and strategy as well aschief operating officer. The automaker is also trying to. While all Big Three automakers suffered on the sales front through March 2020, one strong area was in trucks. That's up from $8,361,479 in 2019. Allstate: Compliance standards are changing. "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. 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. Your input helps Glassdoor refine our pay estimates over time. Sie weiterhin diese Meldung erhalten, informieren Sie uns darber bitte per E-Mail $87,464 / yr. Can someone explain levels hierarchy at Ford? 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 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. Please help us protect Glassdoor by verifying that you're a Executive chairman Bill Ford received $16.8 million, while Joe Hinrichs (president, Automotive) was paid $11 million. 12% of the management team is Black or African American. Global Modern Slavery Statement (view PDF). 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. $121,049 / yr. Ford College Graduate salaries - 97 salaries reported. Si continas recibiendo este mensaje, infrmanos del problema Contact Phoebe Wall Howard: 313-618-1034 or phoward@freepress.com. 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 Ford Motor executive team is 35% female and 65% male. 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. para informarnos de que tienes problemas. Have an opinion about this story? The data presented on this page does not represent the view of Ford Motor and its employees or that of Zippia. verdade. We havent detailed which ones," Ford spokesman T.R. 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. Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. Thai-Tang and Kumar Galhotra, Ford's president of the Americas and International Markets Group, received incremental bonuses for their roles last year. Heres what you need to know. 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. Steven Croley. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Yes, I'd like to receive email communications on editorial features, special offers, research and events and webinars from Automotive News. Lamentamos pelo inconveniente. 9% of Henry Ford Health System management is Hispanic or Latino. Other highly-paid executives include chief financial officer Tim Stone, who earned $8.3 million in his first year at Ford. The CEO of Ford Motor is James D. Farley Jr. Henry Ford III and William E. Kennard founded Ford Motor. 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. What do you think? "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.". 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. 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 Indeed.com estimated this salary based on data from 1 employees, users and past and present job ads. Salary ranges represent what Ford pays for a job within a salary grade or leadership level based In 2021, Ford compensated its 15-member board of directorsin cash, stock and other benefits for a total value of $9,147,002. GM CEO Mary Barra received a $23.6 million package in 2020. 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 addition to Farley, Ford also disclosed its top executive pay in 2021: Payments to Amend and Field reflect signing bonuses, with $800,000 for Amend and $500,000 for Field, the federal filing said Friday. Reid emailedthe Free Press in March. First published on April 27, 2020 / 10:59 PM. White is the most common ethnicity company-wide. 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. Contact Phoebe Wall Howard at 313-222-6512 or phoward@freepress.com. 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. scusiamo se questo pu causarti degli inconvenienti. Heres what you need to know. las molestias. Exterior Design Manager Reflects on Passion for Mustang, Development of All-New Model. 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. Concentrix: How can customer data drive a better automotive CX? 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. Allstate: Compliance standards are changing. All proxy statements are public filings made available to the general public by the SEC. What do you think? Aydanos a proteger Glassdoor verificando que eres una persona real. 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. He was 52. Ci Fords global purchasing organization is responsible for more than $100 billion in annual spending on production and non-production goods and services around the world.Thai-Tang also has more than 25 years in Product Development, including serving as vice president, Engineering for Global Product Development. ; 61% of the management team is White. His compensation also included $400,895 for personal use of aircraft and $1.3 million for security. ISSN 0005-1551 (print) Dianne Craig. 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. 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. 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. / CW50 Detroit. Tons of great salary information on Indeed.com Kumar Galhotra, president of the Americas and International Markets Group, earned $8,534,094. The national average salary for a Ford Motor employee in the United States is $66,872 per year. ISSN 2576-1064 (print) Here are further demographic highlights of the leadership team: The Henry Ford Health System executive team is 44% female and 56% male. Click here to submit a Letter to the Editor, and we may publish it in print. 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. Product Manager salaries - 112 salaries reported. 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. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Meet members of the Ford Chinese Association and find out their favorite Lunar New Year traditions. Content in this story was edited after publishing. Heres the next step in their evolution. to let us know you're having trouble. His compensation also included $830,305 for personal use of aircraft. Among Southeastern Michigan foundations, topping the salary list is Rip Rapson of the Kresge Foundation at $695,468. The company's 2021 performance led to sizable bonuses, including $3.7 million for Farley and $2 million for CFO John Lawler. 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The changes would apply to Galhotra, CEO Jim Farley, Executive Chair Bill Ford Jr. and other senior leaders. More: Alexandra Ford English, Henry Ford III win election to Ford Motor board, More: Ford CEO Jim Farley gave us big clue automaker's stock was going to surge. envie um e-mail para Do you want to design products people fall in love with? 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. Henry Ford III, great-great-grandson of the founder, was paid $331,401. Please select at least one newsletter to subscribe. Chief Advanced Product Development and Technology Officer. Auto theft has been on the rise over the past decade, and these states have been hit particularly hard. Box 6248, Dearborn, MI 48126, U.S.A. Executive Chairman Bill Ford: $16.76 million, up from $13.83 million in 2018. You may also find the annual proxy statement by going directly to the company's website. 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? 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. 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. Happy Lunar New Year from all of us at Ford! 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. 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The ratio of the CEO's total compensation to the medianof all employees' total compensation is 356 to 1. He has held a lifelong passion for cars, with a particular interest in hot hatchbacks and off-road rigs. excuses voor het ongemak. The new totals reflect the addition of Alexandra Ford English and Henry Ford III. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. 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See more newsletter options at autonews.com/newsletters. Farley's pay included a $1.7 million base salary, up 19 percent over 2020. 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. message, contactez-nous l'adresse 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. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. 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. 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. 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. los inconvenientes que esto te pueda causar. Choose your news we will deliver. Hackett stepped down as CEO on Oct. 1 but remained with the company as an adviser. The information shown here is a reporting of information included in the company's proxy statement. Haig: Buy-Sell Q&A: What is the value of an M&A advisor? 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. Please enable Cookies and reload the page. Jim Farley, who is now chief operating officer, earned $5.9 million in 2019. 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. 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 $77,253 / yr. 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. Farley's included$318,864 for personal use of aircraft. Hau Thai-Tang is executive vice president of Product Development and Purchasing, Ford Motor Company, effective June 1, 2017. 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. Responses will be sent to those that include a return address, as appropriate. March 18, 2022 11:26 AM Michael Martinez Ford CEO Jim Farley DETROIT Ford Motor Co. CEO Jim. Hackett was, by a wide margin, Fords largest individual earner in 2019. 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. Aircraft costs are based onfuel, maintenance, flight crew, insurance and hangar storage expenses. Meanwhile, the company will double bonuses for lower-level employees, from 54% of their . Bill Ford at $16,046,542, down from$16.8 millionin 2019. Related Searches:All Executive Director Salaries|All Ford Motor Company Salaries. With the people of Ford around the world, our leadership is committed to serving all of our stakeholder groups. Based on 4 salaries posted anonymously by Ford Motor Company Executive Director employees in Freeport, MI. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. #WeAreFord Sign up and get the best of Automotive News delivered straight to your email inbox, free of charge. 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 . ", 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'. Ford disclosed the salary and pay ratio data for its executives in an annual compensation report to the U.S. Securities and Exchange Commission. ; 10% of the management team is Black or African American. Detroit, Michigan Si vous continuez voir ce ISSN 0005-1551 (print) The starting base salary for this Brea, CAposition is expected to be between $200,000.00 to $250,000.00 annually. 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. The company's 2021 earnings included a $7.4 billion profit in North America. 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. While Hackett did earn a substantial amount, he hasnt been the highest-earning automotive executive among the Big Three. GMs Mary Barra earned $21.87 million in 2018. More: Ford's Jim Hackett kept $16.7M pay package in 2020 despite stepping down. Both Hau Thai-Tang, now chief industrial platform officer, andKumar Galhotra, now president of Ford Blue,fell off the list of top paid executives. ISSN 1557-7686 (online), Fixed Ops Journal 2023 CBS Broadcasting Inc. All Rights Reserved. Read more on Ford and sign up for our autos newsletter. See more newsletter options at autonews.com/newsletters. Former CFO Bob Shanks also received $8.3 million in 2019. Non-Executive Chairman and Co-Founder of Velocitas Partners, Executive Vice President of Product Development & Purchasing. Heres the next step in their evolution, Champ: The history of titling and the cost of human error. $62,968 / yr. Business Analyst salaries - 93 salaries reported. 48207-2997, Automotive News 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. The Mustang exterior design manager took a circuitous career route to his current position, but he feels like hes right where he belongs now. For more information, see ourPrivacy Policy. In a year ravaged by the COVID-19 pandemic . CEO Jim Farley, who assumedthe helmon Oct. 1, earned $11,802,054 in executive compensation for the whole 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. Stellantis CEO Carlos Tavares made $21M in 2021. Sign up and get the best of Automotive News delivered straight to your email inbox, free of charge. 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.
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