11% of employees are Black or African American. Detroit, Michigan $87,464 / yr. #WeAreFord naar Here are further demographic highlights of the leadership team: The Henry Ford Health System executive team is 44% female and 56% male. "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. 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. Onze Si continas viendo este mensaje, 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 He has held a lifelong passion for cars, with a particular interest in hot hatchbacks and off-road rigs. Help ons Glassdoor te beschermen door te verifiren of u een persoon bent. The estimated additional pay is $244,268 per year. Hackett's 2020 compensation totaled $16.7 million, down 3.6 percent from 2019. ISSN 2576-1064 (print) Thai-Tang and Kumar Galhotra, Ford's president of the Americas and International Markets Group, received incremental bonuses for their roles last year. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Wenn Happy Lunar New Year from all of us at Ford! Ford said executives exceeded cash flow, pretax earnings and quality targets, although they achieved none of their revenue goals. Lawler wasCEO of Ford Autonomous Vehicles and vice president of mobility partnerships. Both were scheduled to be released this year. 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. 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. Sign up and get the best of Automotive News delivered straight to your email inbox, free of charge. That's up from $8,361,479 in 2019. 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. That total consists of a $1.4 million base salary, $5.1 million in stock awards, and around $4.2 million in other awards. 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 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? He was 52. Contact Phoebe Wall Howard at 313-222-6512 or phoward@freepress.com. 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. Heres what you need to know. para nos informar sobre o problema. Other highly-paid executives include chief financial officer Tim Stone, who earned $8.3 million in his first year at Ford. 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 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. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. Sie weiterhin diese Meldung erhalten, informieren Sie uns darber bitte per E-Mail Get browser notifications for breaking news, live events, and exclusive reporting. Doug Field. President, Lincoln. Thorough reviews have been conducted to assure this data accurately reflects disclosures. Its just such a special thing to be part of, Chris says. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. The annual virtual shareholders meeting is scheduled for May 12. 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. ; 10% of the management team is Black or African American. Have an opinion about this story? Ford salaries in 2021: How much CEO Jim Farley earned - Detroit Free Press Average salary for Ford Motor Company Executive Director in Freeport, MI: [salary]. Executive Chairman Bill Ford's total compensation declined 4.2 percent to $16 million. Bitte helfen Sie uns, Glassdoor zu schtzen, indem Sie besttigen, dass Sie Product Manager salaries - 112 salaries reported. 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. 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. 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. 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. Hau Thai-Tang is executive vice president of Product Development and Purchasing, Ford Motor Company, effective June 1, 2017. 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. Si vous continuez voir ce para informarnos de que tienes problemas. 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. 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. Auto theft has been on the rise over the past decade, and these states have been hit particularly hard. Farley's pay included a $1.7 million base salary, up 19 percent over 2020. Levels at Ford? - Blind Lamentamos In this week's "Ask Nathan," Modular EV Truck, Using Tires for Disaster Recovery, and Wrenching on Our Own Cars? Ford's biggest individual earner last year was Hackett, who served as CEO from May 2017 tolastOctober. How accurate is this most likely Total Pay range (base + additional) of $330K-$605K/yr? Both Hau Thai-Tang, now chief industrial platform officer, andKumar Galhotra, now president of Ford Blue,fell off the list of top paid executives. Base salary considers skills, experience and competitive market value. Read more on Ford and sign up for our autos newsletter. 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. Ford shores up cash as COVID-19 strangles economy - Detroit Free Press Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. What do you think? not enough compared to other companies., Ford put the world on wheels over a century ago, but weve always thought like a start-up. ", 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'. / CW50 Detroit. 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. More: Bill Ford describes his future, role of daughter as first female Ford family member on board, More: Despite COVID-19 and scandal, UAW income and strike fund grow with steady membership, The proxyreport is prepared in advance of a May 13 virtual annual shareholders meeting. Farley's included$318,864 for personal use of aircraft. FORD MOTOR CO annual reports of executive compensation and pay are most commonly found in the Def 14a documents. How much Ford's CEO, other top executives made in 2020 - Automotive News "Jim (Hackett) has been advising (Executive Chairman)Bill Ford and the management team on strategic issues. "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.". Please help us protect Glassdoor by verifying that you're a Salaries at Ford Motor Company range from an average of $68,185 to $132,153 a year. Henry Ford Health hiring Executive Assistant - 40hrs/wk - Days -Detroit View Top Engineering Executive Salary in Kyles Ford, TN, and get a free salary report with salary range, bonus, and benefits information. DirectorJon Huntsman was paid the most at$3.9 million. Your input helps Glassdoor refine our pay estimates over time. Ford reports CEO Jim Hackett, executives 2019 compensation The employee data is based on information from people who have self-reported their past or current employments at Ford Motor. real person. 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. Bill Ford at $16,046,542, down from$16.8 millionin 2019. Have an opinion about this story? Alpha One Ford Executive Assistant in the United States makes about $51,689 per year. Nader, of Plymouth, died on Thursday, March 2, at . "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. 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. questo messaggio, invia un'email all'indirizzo First published on April 27, 2020 / 10:59 PM. Aircraft costs are based onfuel, maintenance, flight crew, insurance and hangar storage expenses. Yes, I'd like to receive email communications on editorial features, special offers, research and events and webinars from Automotive News. Alexandra Ford English, the great-great-granddaughter of founder Henry Ford, was paid $571,701. That's down slightlyfrom nearly $17.4 million in 2019. Michael Amend, ina new role as of March 2021,was at $12,781,136. In a year ravaged by the COVID-19 pandemic . For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. Nous sommes dsols pour la gne occasionne. Steven Croley. The national average salary for a Ford Motor employee in the United States is $66,872 per year. The company's 2021 performance led to sizable bonuses, including $3.7 million for Farley and $2 million for CFO John Lawler. 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. GM has not yet reported her total compensation for 2019. Ford listed Hackett's retirement from the company as March 31, 2021, in its U.S. Securities and Exchange Commission filings. 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. While all Big Three automakers suffered on the sales front through March 2020, one strong area was in trucks. ISSN 0005-1551 (print) The new totals reflect the addition of Alexandra Ford English and Henry Ford III. 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. 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. His responsibilities expanded last year. And in 2020, Ford CEO Jim Farley brought home a total of $11.8 million, which was a 41 percent increase over his 2019 compensation, prior to taking over as the automaker'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. The changes would apply to Galhotra, CEO Jim Farley, Executive Chair Bill Ford Jr. and other senior leaders. The automaker is also trying to figure out when to release its highly anticipated Ford Bronco and F-150. His base salary of $1.7 million was unchanged, but his stock awards more than doubled to $13.8 million. 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 CFO Bob Shanks, who was replaced by. Thelower amountin this years filingreflects whatLawler actually received. People | Ford Media Center scusiamo se questo pu causarti degli inconvenienti. We are sorry for the inconvenience. 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. Cox: Automation and the future of automotive retail, Cox: Transformation toward eCommerce in automotive retailing, Cox: Transforming F&I for Automotive eCommerce, Deloitte: ACCELERATING DIVERSITY, EQUITY AND INCLUSION, Easycare: Reinventing the service contract for EVs, Easycare: The importance of benchmarking your reinsurance performance, Effectv: Why Customer Lifetime Value Should Be the Auto Advertising Buzz Word for 2023, Experian, GroundfTruth and Spectrum Reach: Dealership marketing: Navigating automotive advertising in a post-pandemic world, Experian: Evolving identity beyond the who to enable the how, Experian: Three steps to adapting to constant change in automotive marketing, Haig Partners: Buy-Sell Q&A: Where the Automotive M&A Market is heading, Haig: Buy-Sell Q&A | Advisors add value to sales process, Haig: Buy-Sell Q&A | Navigating partial dealership sales, Haig: Buy-Sell Q&A: Future-proofing your dealership. Ford Motor has 186,000 employees, of which 104 are in a leadership position. 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. 62% of the management team is White. Disculpa 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. He earned a $1.7. You may also find the annual proxy statement by going directly to the company's website. Indeed.com estimated this salary based on data from 1 employees, users and past and present job ads. At time of writing, Fords production facilities are shut down for manufacturing vehicles. Coronavirus: Ford warns of potential job cuts, to defer some salaries Farley held multiple leadershiproles in 2020, including president of new business, technology and strategy as well aschief operating officer. 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 Ford releases 2020 salaries, comp pay for executive team Box 6248, Dearborn, MI 48126, U.S.A. Click here to submit a Letter to the Editor, and we may publish it in print. 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. (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. It's the Year of the Rabbit! The most common ethnicity among Ford Motor executive officers is White. 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. Salary ranges represent what Ford pays for a job within a salary grade or leadership level based 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. #WeAreFord #FordChinese Association Tommy covers which is better for your buck! His $16.7 million in total compensation broke down as $1.8 million in salary, $7.9. Follow her on Twitter @phoebesaid. For more information, see ourPrivacy Policy. 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. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Farley, Lawler and Ford each received a "pandemic response award," valued at $685,319, $181,229 and $405,000, respectively. 2020 CBS Broadcasting Inc. All Rights Reserved. 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. Meanwhile, the company will double bonuses for lower-level employees, from 54% of their . Chief Policy Officer and General Counsel. Actual salary will be determined based on skills, experience (to the extent relevant) and other job-related factors, consistent with applicable law. Fiat Chrysler Automobiles paid CEO Mike Manleymore than $14.4 million in total compensation in 2019. ISSN 2576-1064 (print) Responses will be sent to those that include a return address, as appropriate. Indeed.com estimated this salary based on data from 1 employees, users and past and present job ads. Choose your news we will deliver. Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. Heres the next step in their evolution, Champ: The history of titling and the cost of human error. envie um e-mail para Additional pay could include bonus, stock, commission, profit sharing or tips. Based on 4 salaries posted anonymously by Ford Motor Company Executive Director employees in Freeport, MI. Caso continue recebendo esta mensagem, Executive Chair Bill Ford's total compensation rose about 16 percent to $18.6 million. 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. NISSAN: 2022 Pathfinder and 2022 Frontier, APCO HOLDINGS: Strategies for handling new F&I dynamics. 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. The estimated base pay is $196,149 per 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. Know Your Worth. [Photo: Ford] Ford disclosed the salary and pay ratio data for its executives in an . The Mustang exterior design manager took a circuitous career route to his current position, but he feels like hes right where he belongs now. message, please email 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. Joseph "Chef Joe" Nader Jr., executive chef and former owner of a well-known chocolatier business and a meal prep business, has died. Stellantis CEO Carlos Tavares made $21M in 2021. los inconvenientes que esto te pueda causar. The CEO of Ford Motor is James D. Farley Jr. Henry Ford III and William E. Kennard founded Ford Motor. Ford CEO Jim Farley's 2021 compensation nearly doubles It's the Chevy Bolt vs MINI SE by someone who actually used both for daily drivers. 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. The dramatic difference in 2019, Ford said, related to pension values and how the data is calculated. Edsel B. Ford IIwas paid $811,469. "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. Ford Motor may also be known as or be related to Ford Motor, FORD MOTOR CO, Ford Credit and Ford Motor Company. Process Coach salaries - 86 salaries reported. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. Ford CEO Jim Farley received total compensation of $22,813,174in 2021for running the company, according to documents the Dearborn automakerreleased Friday. Ford Company Executive Salaries Top $70M While Ford Made Only $47M Reid emailedthe Free Press in March. Wir entschuldigen uns fr die Umstnde. las molestias. 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. Please select at least one newsletter to subscribe. Hackett was, by a wide margin, Fords largest individual earner in 2019. 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. See more newsletter options at autonews.com/newsletters. Heres how they performed in the first three months of this year: Zach is the managing editor for TFLcar. 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. Lawler's compensation included a $715,000 salary and $27,313 for evaluation vehicles. an. 9% of Henry Ford Health System management is Hispanic or Latino. Read more on Ford and sign up for our autos newsletter. For more information, see ourPrivacy Policy. 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. 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. Aydanos a proteger Glassdoor y demustranos que eres una persona real. FORD MOTOR CO Executive Salaries & Other Compensation - Salary.com Executive chairman Bill Ford received $16.8 million, while Joe Hinrichs (president, Automotive) was paid $11 million. Vice President, EV Industrialization, Ford Model e. James D. Farley, Jr. President and Chief Executive Officer. 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. Take this quiz to find out, Rey and Rey: Automation and the future of automotive retail, Routeone: The benefits of robust dealership reporting tools, Siemens: The impact of vehicle electrification and connectivity on electrical system design, Spectrum Reach: Playing to win: How automotive dealers can capitalize on sports marketing, Swiss Re: Insurers and car manufacturers: how to unlock the potential of true collaboration, Text2Drive: Digital retailing meets the service department, Trimble: The future of autonomous vehicles speeds ahead, Truist: Capitalize on the changing structure of auto retailing, Truist: Prepare now for the next era of automotive retailing, Urban Science: Promoting dealer-consumer alignment across continued industry evolution, Walbridge: Video | Walbridge Chairman on how automotive companies are navigating the electrification boom, Western Digital: To Meet Consumer Demand, Automakers Must Double Down on Agile Development, Wipro: How to address safety and security for software-defined vehicles, Wipro: How todays tech decisions drive tomorrows sales, Wipro: Software Helps Address the Affordability Challenge, Wipro: The Promise of Software-Defined Vehicles and the Cloud Car Ecosystem, Wipro: Video | Wipro CTO on how OEM's are leveraging software-defined vehicle technology, Notarize: What to expect for the future of auto sales, Seagate: Unlocking value from connected-car data, Amazon Web Services: AI-powered supply chain decision-making, Epic Games: Five ways in-car designs will change in the next five years.