The estimated additional pay is $243,443 . Michael Amend, ina new role as of March 2021,was at $12,781,136. The Ford Motor executive team is 35% female and 65% male. 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. enviando un correo electrnico a Have an opinion about this story? Aydanos a proteger Glassdoor y demustranos que eres una persona real. Global Modern Slavery Statement (view PDF). Se continui a visualizzare Salaries at Ford Motor Company range from an average of $68,185 to $132,153 a year. Ford Motor is 34% female and 66% male company-wide. See more newsletter options at autonews.com/newsletters. In that report, the company showed how much Ford employees made last year as well as top-earners, like CEO Jim Hackett. Jim Farley, who is now chief operating officer, earned $5.9 million in 2019. Please select at least one newsletter to subscribe. Neither General Motors nor Stellantis have released their executive compensation packages for 2020. 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. He earned a $1.7. While all Big Three automakers suffered on the sales front through March 2020, one strong area was in trucks. Know Your Worth. The Detroit Free Press broke down the numbers in that report figures which should be a point of sharp focus as Ford, among the other Big Three automakers, navigate the ongoing COVID-19 crisis. Aiutaci a proteggere Glassdoor dimostrando che sei una persona reale. 2020 CBS Broadcasting Inc. All Rights Reserved. The Ford statement filed with federal regulators also noted that the recommended 14-member board of directors would result in four women and two members who identify as being part of minority groups. 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. enva un correo electrnico a pour nous faire part du problme. 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. In a time where worker anxiety is at its peak during the coronavirus pandemic, time will tell how compensation shifts at all three American automakers in 2020. Hackett stepped down as CEO on Oct. 1 but remained with the company as an adviser. Its just such a special thing to be part of, Chris says. Bill Ford at $18,662,706, up from $16,046,542 in 2020. Doug Field. Haig: Buy-Sell Q&A: What is the value of an M&A advisor? How accurate is this most likely Total Pay range (base + additional) of $330K-$605K/yr? ISSN 1557-7686 (online), Fixed Ops Journal Vice President, EV Industrialization, Ford Model e. James D. Farley, Jr. President and Chief Executive Officer. 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. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. The estimated total pay for a Executive Director at Ford Motor Company is $440,023 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'. Process Coach salaries - 86 salaries reported. The dramatic difference in 2019, Ford said, related to pension values and how the data is calculated. Als u dit bericht blijft zien, stuur dan een e-mail The estimated base pay is $196,580 per year. 2023 CBS Broadcasting Inc. All Rights Reserved. View Comments. 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. Wenn Alpha One Ford Executive Assistant in the United States makes about $51,689 per year. 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. 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. para informarnos de que tienes problemas. Read more on Ford and sign up for our autos newsletter. 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 Non-Executive Chairman and Co-Founder of Velocitas Partners, Executive Vice President of Product Development & Purchasing. 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 income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. 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. This report is not for commercial use. You can unsubscribe at any time through links in these emails. John Lawler, who replaced Stone as CFO on Oct. 1, at $5,983,141. Get browser notifications for breaking news, live events, and exclusive reporting. Yes, I'd like to receive email communications on editorial features, special offers, research and events and webinars from Automotive News. Farley's included$318,864 for personal use of aircraft. ISSN 0005-1551 (print) 1155 Gratiot Avenue Farley held multiple leadershiproles in 2020, including president of new business, technology and strategy as well aschief operating officer. 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. Snow Review & AWD Slip Test: Is the 2023 Lexus NX Fords Bronco Secret Almost Nobody Knows About: This Is the BEST $30K Shootout: Which Affordable New EV Is Best? Average salary for Ford Motor Company Executive Director in Freeport, MI: [salary]. 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. Sign up and get the best of Automotive News delivered straight to your email inbox, free of charge. Ford Motor has 186,000 employees, of which 104 are in a leadership position. Join us today at www.careers.ford.com and celebrate with us! That's up from $8,361,479 in 2019. The national average salary for a Ford Motor employee in the United States is $66,872 per year. para nos informar sobre o problema. The ratio of the CEO's total compensation to the medianof all employees' total compensation is 356 to 1. 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. $77,253 / yr. not enough compared to other companies., Ford put the world on wheels over a century ago, but weve always thought like a start-up. The employee data is based on information from people who have self-reported their past or current employments at Ford Motor. Nader, of Plymouth, died on Thursday, March 2, at . Sales Associate salaries - 84 salaries reported. Chief Policy Officer and General Counsel. It's the Year of the Rabbit! Happy Lunar New Year from all of us at Ford! 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. "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. excuses voor het ongemak. This material may not be published, broadcast, rewritten, or redistributed. 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. His responsibilities expanded last year. "Jim (Hackett) has been advising (Executive Chairman)Bill Ford and the management team on strategic issues. 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. Hau Thai-Tang is executive vice president of Product Development and Purchasing, Ford Motor Company, effective June 1, 2017. 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. $121,049 / yr. Ford College Graduate salaries - 97 salaries reported. 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. The automaker is also trying to. Heres the next step in their evolution, Champ: The history of titling and the cost of human error. Actual salary will be determined based on skills, experience (to the extent relevant) and other job-related factors, consistent with applicable law. Get a free, personalized salary estimate based on today's job market. Ford posted adjusted EBIT for 2021 of $10 billion, roughly four times its 2020 earnings. 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. Read more on Ford and sign up for our autos newsletter. Do you want to design products people fall in love with? Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. That total consists of a $1.4 million base salary, $5.1 million in stock awards, and around $4.2 million in other awards. 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. 48207-2997, Automotive News per informarci del problema. 11% of the management team is Hispanic or Latino. Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. . The data presented on this page does not represent the view of Ford Motor and its employees or that of Zippia. 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. 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. 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. 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. los inconvenientes que esto te pueda causar. 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. Ford disclosed the salary and pay ratio data for its executives in an annual compensation report to the U.S. Securities and Exchange Commission. 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. Choose your news we will deliver. ISSN 1557-7686 (online), Fixed Ops Journal NISSAN: 2022 Pathfinder and 2022 Frontier, APCO HOLDINGS: Strategies for handling new F&I dynamics. 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. President, Lincoln. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. And also salary ranges/ benefits for those levels?Current TC: 95k More: Ford recalls 157K 2021 F-150 pickup trucks for wipers that could fail, More: Stellantis UAW workforce eligible for $14,670 profit-sharing checks, More: Ford CEO says automaker is sold out of electric vehicles: What it really means. Si continas recibiendo este mensaje, infrmanos del problema The estimated base pay is $196,149 per year. ISSN 2576-1064 (print) 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. Tommy covers which is better for your buck! 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. [Photo: Ford] Ford disclosed the salary and pay ratio data for its executives in an . CEO Jim Hackett was Ford's top earner, taking home $17.4 million in 2019, according to recent SEC disclosures. Haig Partners: How are dealerships being valued today? Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. We are sorry for the inconvenience. Click here to submit a Letter to the Editor, and we may publish it in print. 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. 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. CEO Jim Farley, who assumedthe helmon Oct. 1, earned $11,802,054 in executive compensation for the whole year. Kumar Galhotra, president of the Americas and International Markets Group, earned $8,534,094. The Mustang exterior design manager took a circuitous career route to his current position, but he feels like hes right where he belongs now. 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. 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. "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. 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. Car Wars: Is a Rise in Service Leading to Poor Customer Satisfaction? Ford Motor may also be known as or be related to Ford Motor, FORD MOTOR CO, Ford Credit and Ford Motor Company. Ford said executives exceeded cash flow, pretax earnings and quality targets, although they achieved none of their revenue goals. Onze Detroit, Michigan Stellantis CEO Carlos Tavares made $21M in 2021. 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. Heres the next step in their evolution. Meet members of the Ford Chinese Association and find out their favorite Lunar New Year traditions. 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. Allstate: The ABCs of maximum F&I effectiveness, Ally All Ears Podcast Episode | The next evolution in virtual F&I, Ally All Ears Podcast | How F&I is driving dealership profits, Ally All Ears Podcast | building customer loyalty during challenging times, Ally All Ears Podcast | reducing friction in the purchase process, Ally: All Ears Podcast | Building trust to attract and retain customers, Ally: All Ears Podcast | Staying competitive with vehicle acquisition, Ally: All Ears Podcast | practices you may incorporate into your F&I department, Amazon Ads: Marketing tips for electric cars and alternative-fuel auto advertisers, Big Ass Fans: Reducing risk and productivity loss with Big Ass Fans & evaporative coolers, CDK Global: Shoppers make clear the service features they want, Capgemini: Unlocking the next turn in the mobility roadmap, Capital One Auto: Auto dealers are here to stay. Nous sommes dsols pour la gne occasionne. Bill Ford at $16,046,542, down from$16.8 millionin 2019. 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. 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. Lawler's compensation included a $715,000 salary and $27,313 for evaluation vehicles. NISSAN: 2022 Pathfinder and 2022 Frontier, APCO HOLDINGS: Strategies for handling new F&I dynamics. His $16.7 million in total compensation broke down as $1.8 million in salary, $7.9. message, contactez-nous l'adresse Ford listed Hackett's retirement from the company as March 31, 2021, in its U.S. Securities and Exchange Commission filings. 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. Hackett's 2020 compensation totaled $16.7 million, down 3.6 percent from 2019. DirectorJon Huntsman was paid the most at$3.9 million. General Motors CEO Mary Barraearned$21.6million in total compensation in 2019. Lawler wasCEO of Ford Autonomous Vehicles and vice president of mobility partnerships. His compensation also included $830,305 for personal use of aircraft. "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. 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. ; 11% of Ford Motor management is Hispanic or Latino. John Lawler, who succeeded Tim Stone as CFO in October, made nearly $6 million. Reid emailedthe Free Press in March. While Hackett did earn a substantial amount, he hasnt been the highest-earning automotive executive among the Big Three. / CW50 Detroit. 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 Follow her on Twitter @phoebesaid. Indeed.com estimated this salary based on data from 1 employees, users and past and present job ads. Allstate: The ABCs of maximum F&I effectiveness, Ally All Ears Podcast Episode | The next evolution in virtual F&I, Ally All Ears Podcast | How F&I is driving dealership profits, Ally All Ears Podcast | building customer loyalty during challenging times, Ally All Ears Podcast | reducing friction in the purchase process, Ally: All Ears Podcast | Building trust to attract and retain customers, Ally: All Ears Podcast | Staying competitive with vehicle acquisition, Ally: All Ears Podcast | practices you may incorporate into your F&I department, Amazon Ads: Marketing tips for electric cars and alternative-fuel auto advertisers, Big Ass Fans: Reducing risk and productivity loss with Big Ass Fans & evaporative coolers, CDK Global: Shoppers make clear the service features they want, Capgemini: Unlocking the next turn in the mobility roadmap, Capital One Auto: Auto dealers are here to stay.
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