Your input helps Glassdoor refine our pay estimates over time. verdade. 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. 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. Heres what you need to know. 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. ISSN 1557-7686 (online), Fixed Ops Journal Dianne Craig. That's down slightlyfrom nearly $17.4 million in 2019. Join us at www.careers.ford.com! Both were scheduled to be released this year. 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 CEO Jim Farley, who assumedthe helmon Oct. 1, earned $11,802,054 in executive compensation for the whole year. Wenn . First published on April 27, 2020 / 10:59 PM. 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. Ford Motor Company employees with the job title Senior Systems Engineer make the most with an average annual . Please enable Cookies and reload the page. Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. GMs Mary Barra earned $21.87 million in 2018. (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. 2020 CBS Broadcasting Inc. All Rights Reserved. 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. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. His compensation included $187,442 for personal use of aircraft and $921,030 for security. Nous sommes dsols pour la gne occasionne. More: Ford's Jim Hackett kept $16.7M pay package in 2020 despite stepping down. Please select at least one newsletter to subscribe. 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. You may also find the annual proxy statement by going directly to the company's website. 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. 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. 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? ISSN 0005-1551 (print) Among Southeastern Michigan foundations, topping the salary list is Rip Rapson of the Kresge Foundation at $695,468. The Times-Union compiled a list of the. Detroit, Michigan enva un correo electrnico a You can unsubscribe at any time through links in these emails. Chief Policy Officer and General Counsel. 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. DirectorJon Huntsman was paid the most at$3.9 million. "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. Base salary considers skills, experience and competitive market value. Executive chairman Bill Ford received $16.8 million, while Joe Hinrichs (president, Automotive) was paid $11 million. Follow her on Twitter @phoebesaid. envie um e-mail para The changes would apply to Galhotra, CEO Jim Farley, Executive Chair Bill Ford Jr. and other senior leaders. His compensation also included $830,305 for personal use of aircraft. Haig Partners: How are dealerships being valued today? What do you think? More: Bill Ford's controversial viewpoint has changed Detroit automaker. naar Please indicate whether you are a shareholder, customer, supplier or other interested party. / CW50 Detroit. Allstate: Compliance standards are changing. 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. 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. 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. Haig: Buy-Sell Q&A: What is the value of an M&A advisor? Additional pay could include bonus, stock, commission, profit sharing or tips. Bill Ford at $16,046,542, down from$16.8 millionin 2019. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Auto theft has been on the rise over the past decade, and these states have been hit particularly hard. om ons te informeren over dit probleem. 1155 Gratiot Avenue FORD MOTOR CO income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. FORD MOTOR CO annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Caso continue recebendo esta mensagem, Click here to submit a Letter to the Editor, and we may publish it in print. For more information, see ourPrivacy Policy. 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. 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? #WeAreFord #FordChinese Association "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.". In 2021, Ford compensated its 15-member board of directorsin cash, stock and other benefits for a total value of $9,147,002. 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. View Comments. 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. 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. 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. This report is not for commercial use. los inconvenientes que esto te pueda causar. Hackett's 2020 compensation totaled $16.7 million, down 3.6 percent from 2019. (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. His responsibilities expanded last year. "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.". excuses voor het ongemak. CEO, Ford Pro. ISSN 2576-1064 (print) The national average salary for a Ford Motor employee in the United States is $66,872 per year. ; 11% of Ford Motor management is Hispanic or Latino. The estimated additional pay is $244,268 per year. Based on our data team's research, James D. Farley Jr is the Ford Motor's CEO. 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. Heres the next step in their evolution, Champ: The history of titling and the cost of human error. The annual virtual shareholders meeting is scheduled for May 12. Get a free, personalized salary estimate based on today's job market. 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. Both Hau Thai-Tang, now chief industrial platform officer, andKumar Galhotra, now president of Ford Blue,fell off the list of top paid executives. March 18, 2022 11:26 AM Michael Martinez Ford CEO Jim Farley DETROIT Ford Motor Co. CEO Jim. 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. to let us know you're having trouble. The starting base salary for this Brea, CAposition is expected to be between $200,000.00 to $250,000.00 annually. Lawler's compensation included a $715,000 salary and $27,313 for evaluation vehicles. Related Searches:All Executive Director Salaries|All Ford Motor Company Salaries. Tons of great salary information on Indeed.com 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. 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. 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. message, contactez-nous l'adresse 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. Edsel B. Ford IIwas paid $811,469. Get started with your Free Employer Profile, average salary for an Executive Director is $129,383 per year in United States, The Ultimate Job Interview Preparation Guide. $87,464 / yr. Despite challenges from semiconductor shortages, Ford posted 2021 net income of $17.9 billionafter racking up a $1.3 billion loss in 2020 as the pandemic spread. This material may not be published, broadcast, rewritten, or redistributed. Ford Motor is 34% female and 66% male company-wide. Indeed.com estimated this salary based on data from 1 employees, users and past and present job ads. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. The company's 2021 earnings included a $7.4 billion profit in North America. 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? Reid emailedthe Free Press in March. 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. The automaker is also trying to. 2020 CBS Broadcasting Inc. All Rights Reserved. Join us today at www.careers.ford.com and celebrate with us! . Ford's biggest individual earner last year was Hackett, who served as CEO from May 2017 to last October. John Lawler, who replaced Stone as CFO on Oct. 1, at $5,983,141. The estimated base pay is $196,149 per year. 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. 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. 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. Farley's pay included a $1.7 million base salary, up 19 percent over 2020. Content in this story was edited after publishing. The Detroit News. "Jim (Hackett) has been advising (Executive Chairman)Bill Ford and the management team on strategic issues. Neither General Motors nor Stellantis have released their executive compensation packages for 2020. 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White is the most common ethnicity company-wide. CFO Bob Shanks, who was replaced by. Non-Executive Chairman and Co-Founder of Velocitas Partners, Executive Vice President of Product Development & Purchasing. Si continas recibiendo este mensaje, infrmanos del problema 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. The information shown here is a reporting of information included in the company's proxy statement. Salaries at Ford Motor Company range from an average of $68,185 to $132,153 a year. 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. Allstate: Compliance standards are changing. Vice President, EV Industrialization, Ford Model e. James D. Farley, Jr. President and Chief Executive Officer. Click here to submit a Letter to the Editor, and we may publish it in print. Read more on Ford and sign up for our autos newsletter. ISSN 2576-1072 (online), Stellantis CEO Tavares' 2022 pay fell 14%, Sponsored Content: 5 Ways to Master Declined Service Follow-ups, Sponsored Content: Auto dealers are here to stay. Average salary for Ford Motor Company Executive Director in Freeport, MI: [salary]. 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 . 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. Bill Ford at $18,662,706, up from $16,046,542 in 2020. Here are further demographic highlights of the leadership team: The Henry Ford Health System executive team is 44% female and 56% male. 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. He was 52. That's up from $8,361,479 in 2019. Stone earned $6.2 million, including a salary of just more than $1 million. And also salary ranges/ benefits for those levels?Current TC: 95k 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. 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. 48207-2997, Automotive News Jim Farley, who is now chief operating officer, earned $5.9 million in 2019. Former CFO Bob Shanks also received $8.3 million in 2019. The employee data is based on information from people who have self-reported their past or current employments at Ford Motor. message, please email 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. General Motors CEO Mary Barraearned$21.6million in total compensation in 2019. Ford Motor may also be known as or be related to Ford Motor, FORD MOTOR CO, Ford Credit and Ford Motor Company. an. Meet members of the Ford Chinese Association and find out their favorite Lunar New Year traditions. 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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. Aircraft costs are based onfuel, maintenance, flight crew, insurance and hangar storage expenses. Ajude-nos a manter o Glassdoor seguro confirmando que voc uma pessoa de His compensation also included $400,895 for personal use of aircraft and $1.3 million for security. 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Als u dit bericht blijft zien, stuur dan een e-mail 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). Ford listed Hackett's retirement from the company as March 31, 2021, in its U.S. Securities and Exchange Commission filings. In that report, the company showed how much Ford employees made last year as well as top-earners, like CEO Jim Hackett. 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. las molestias. Actual salary will be determined based on skills, experience (to the extent relevant) and other job-related factors, consistent with applicable law. He earned a $1.7. Lawler's total compensation in 2021 jumped about 60 percent to $9.4 million. questo messaggio, invia un'email all'indirizzo Contact Phoebe Wall Howard at 313-222-6512 or phoward@freepress.com. Please help us protect Glassdoor by verifying that you're a 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 In this week's "Ask Nathan," Modular EV Truck, Using Tires for Disaster Recovery, and Wrenching on Our Own Cars? Hau Thai-Tang, chief product platform and operations officer, made $11.8 million, including a $1.2 million salary. In a year ravaged by the COVID-19 pandemic . Farley's pay included a $1.4 million base salary, $5.1. Its just such a special thing to be part of, Chris says. Henry Ford III, great-great-grandson of the founder, was paid $331,401. His $16.7 million in total compensation broke down as $1.8 million in salary, $7.9. [Photo: Ford] Ford disclosed the salary and pay ratio data for its executives in an . 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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. 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. Lisa Drake. $62,968 / yr. Business Analyst salaries - 93 salaries reported. Responses will be sent to those that include a return address, as appropriate. While all Big Three automakers suffered on the sales front through March 2020, one strong area was in trucks. Farley received $685,330. ; 61% of the management team is White. FORD MOTOR CO annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. ISSN 1557-7686 (online), Fixed Ops Journal For more information, see ourPrivacy Policy. It's the Year of the Rabbit! Follow her on Twitter @phoebesaid. not enough compared to other companies., Ford put the world on wheels over a century ago, but weve always thought like a start-up. Lamentamos pelo inconveniente. Sign up and get the best of Automotive News delivered straight to your email inbox, free of charge. 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. 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