Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. GM has not yet reported her total compensation for 2019. "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. Farley, Lawler and Ford each received a "pandemic response award," valued at $685,319, $181,229 and $405,000, respectively. Process Coach salaries - 86 salaries reported. Si continas recibiendo este mensaje, infrmanos del problema Hackett was, by a wide margin, Fords largest individual earner in 2019. His $16.7 million in total compensation broke down as $1.8 million in salary, $7.9. Car Wars: Is a Rise in Service Leading to Poor Customer Satisfaction? The company's 2021 earnings included a $7.4 billion profit in North America. Lawler's total compensation in 2021 jumped about 60 percent to $9.4 million. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. 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. The estimated base pay is $196,580 per year. "His CEO compensation is 90% performance based and is in line with his industry peers.". You can unsubscribe at any time through links in these emails. 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. Aydanos a proteger Glassdoor y demustranos que eres una persona real. Other highly-paid executives include chief financial officer Tim Stone, who earned $8.3 million in his first year at Ford. Meet members of the Ford Chinese Association and find out their favorite Lunar New Year traditions. The Ford Motor executive team is 35% female and 65% male. 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. 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. Chief Policy Officer and General Counsel. For more information, see ourPrivacy Policy. Ford listed Hackett's retirement from the company as March 31, 2021, in its U.S. Securities and Exchange Commission filings. Henry Ford III, great-great-grandson of the founder, was paid $331,401. Wir entschuldigen uns fr die Umstnde. Sign up and get the best of Automotive News delivered straight to your email inbox, free of charge. While Hackett did earn a substantial amount, he hasnt been the highest-earning automotive executive among the Big Three. 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. 11% of the management team is Hispanic or Latino. Se continui a visualizzare ISSN 2576-1064 (print) 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. 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. 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. (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. Farley's pay included a $1.4 million base salary, $5.1. / CW50 Detroit. John Lawler, who succeeded Tim Stone as CFO in October, made nearly $6 million. 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. 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. We havent detailed which ones," Ford spokesman T.R. Thai-Tang and Kumar Galhotra, Ford's president of the Americas and International Markets Group, received incremental bonuses for their roles last year. 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? Ford Motor Company employees with the job title Senior Systems Engineer make the most with an average annual . Hau Thai-Tang is executive vice president of Product Development and Purchasing, Ford Motor Company, effective June 1, 2017. The ratio of the CEO's total compensation to the medianof all employees' total compensation is 356 to 1. Join us at www.careers.ford.com! ; 61% of the management team is White. His compensation also included $400,895 for personal use of aircraft and $1.3 million for security. Si vous continuez voir ce The estimated base pay is $196,149 per year. FORD MOTOR CO income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. 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. 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. Meanwhile, Farley is being rewarded on strength of performance in his first full year as CEO, said Ford spokesperson Catherine Hargett. "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.". The most common ethnicity among Ford Motor executive officers is White. 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. Executive chairman Bill Ford received $16.8 million, while Joe Hinrichs (president, Automotive) was paid $11 million. Tons of great salary information on Indeed.com "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. 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. Ajude-nos a manter o Glassdoor seguro confirmando que voc uma pessoa de Auto theft has been on the rise over the past decade, and these states have been hit particularly hard. 48207-2997, Automotive News not enough compared to other companies., Ford put the world on wheels over a century ago, but weve always thought like a start-up. Among Southeastern Michigan foundations, topping the salary list is Rip Rapson of the Kresge Foundation at $695,468. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Do you want to design products people fall in love with? Know Your Worth. "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. His base salary of $1.7 million was unchanged, but his stock awards more than doubled to $13.8 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). Haig: Buy-Sell Q&A: What is the value of an M&A advisor? enva un correo electrnico a 1155 Gratiot Avenue President, Lincoln. 2020 CBS Broadcasting Inc. All Rights Reserved. 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Former CEO Jim Hackett received the largest pandemic bonus: $1.26 million. ein Mensch und keine Maschine sind. 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? Dianne Craig. He earned a $1.7. View Top Engineering Executive Salary in Kyles Ford, TN, and get a free salary report with salary range, bonus, and benefits information. CEO Jim Farley, who assumedthe helmon Oct. 1, earned $11,802,054 in executive compensation for the whole year. 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. Si continas viendo este mensaje, Product Manager salaries - 112 salaries reported. Heres the next step in their evolution. "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.". Aircraft costs are based onfuel, maintenance, flight crew, insurance and hangar storage expenses. GMs Mary Barra earned $21.87 million in 2018. 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. Manley earned 232 times the average FCA employee, whose total compensation was $62,259, as reported by the Detroit Free Press. Follow her on Twitter @phoebesaid. Ford Motor has 186,000 employees, of which 104 are in a leadership position. Allstate: Compliance standards are changing. 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 posted adjusted EBIT for 2021 of $10 billion, roughly four times its 2020 earnings. 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. 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. The CEO of Ford Motor is James D. Farley Jr. Henry Ford III and William E. Kennard founded Ford Motor. los inconvenientes que esto te pueda causar. Farley's pay included a $1.7 million base salary, up 19 percent over 2020. Former CFO Bob Shanks also received $8.3 million in 2019. 11% of employees are Black or African American. 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. None of the information on this page has been provided or approved by Ford Motor. 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. Doug Field. More: Ford's plan to defer government loan payments a 'concerning sign', More: Ford hires global CMO from eBay amid shakeup in tech, vehicle launches. Galhotra made $8.5 million in 2020, including an $865,000 salary. Have an opinion about this story? West Senior Sales Executive in California makes about $66,604 per year.