In that report, the company showed how much Ford employees made last year as well as top-earners, like CEO Jim Hackett. Thai-Tang and Kumar Galhotra, Ford's president of the Americas and International Markets Group, received incremental bonuses for their roles last year. 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. Based on 4 salaries posted anonymously by Ford Motor Company Executive Director employees in Freeport, MI. 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. 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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. First published on April 27, 2020 / 10:59 PM. 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. His base salary of $1.7 million was unchanged, but his stock awards more than doubled to $13.8 million. Executive Chairman Bill Ford's total compensation declined 4.2 percent to $16 million. The dramatic difference in 2019, Ford said, related to pension values and how the data is calculated. Heres the next step in their evolution, Champ: The history of titling and the cost of human error. ; 61% of the management team is White. President, Lincoln. 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. Executive Chairman Bill Ford: $16.76 million, up from $13.83 million in 2018. What do you think? 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? 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. 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? scusiamo se questo pu causarti degli inconvenienti. 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). Actual salary will be determined based on skills, experience (to the extent relevant) and other job-related factors, consistent with applicable law. Concentrix: How can customer data drive a better automotive CX? 9% of Henry Ford Health System management is Hispanic or Latino. He was 52. Neither General Motors nor Stellantis have released their executive compensation packages for 2020. View Comments. Ford said executives exceeded cash flow, pretax earnings and quality targets, although they achieved none of their revenue goals. The estimated total pay for a Executive Director at Ford Motor Company is $440,023 per year. 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. Ford's biggest individual earner last year was Hackett, who served as CEO from May 2017 tolastOctober. Executive chairman Bill Ford received $16.8 million, while Joe Hinrichs (president, Automotive) was paid $11 million. The estimated total pay for a Executive Director at Ford Motor Company is $440,417 per year. In this role, he is globally responsible for overseeing all aspects of the companys design, engineering, research and product development, as well as purchasing operations.He most recently has served as group vice president, Global Purchasing, a position Thai-Tang has held since August 1, 2013. Bitte helfen Sie uns, Glassdoor zu schtzen, indem Sie besttigen, dass Sie Meanwhile, Farley is being rewarded on strength of performance in his first full year as CEO, said Ford spokesperson Catherine Hargett. "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. Salaries at Ford Motor Company range from an average of $68,185 to $132,153 a year. Related Searches:All Executive Director Salaries|All Ford Motor Company Salaries. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. CFO Bob Shanks, who was replaced by. Its just such a special thing to be part of, Chris says. Hackett's 2020 compensation totaled $16.7 million, down 3.6 percent from 2019. "His CEO compensation is 90% performance based and is in line with his industry peers.". 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 . 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. The annual virtual shareholders meeting is scheduled for May 12. ISSN 0005-1551 (print) The automaker is also trying to. 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. 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. He earned a $1.7. Heres the next step in their evolution, Champ: The history of titling and the cost of human error. ISSN 2576-1064 (print) 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. Beyond that, the company mulled partially deferring executive salaries temporarily cutting them between 20 and 50 percent over the next five months and possibly resorting to layoffs, according to a CNBC report. pour nous faire part du problme. Dianne Craig. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Ford posted adjusted EBIT for 2021 of $10 billion, roughly four times its 2020 earnings. 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. Car Wars: Is a Rise in Service Leading to Poor Customer Satisfaction? Contact Phoebe Wall Howard: 313-618-1034 or phoward@freepress.com. 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. Among Southeastern Michigan foundations, topping the salary list is Rip Rapson of the Kresge Foundation at $695,468. CEO, Ford Pro. 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. Sales Associate salaries - 84 salaries reported. CEO Jim Hackett was Ford's top earner, taking home $17.4 million in 2019, according to recent SEC disclosures. ISSN 1557-7686 (online), Fixed Ops Journal Sign up and get the best of Automotive News delivered straight to your email inbox, free of charge. The changes would apply to Galhotra, CEO Jim Farley, Executive Chair Bill Ford Jr. and other senior leaders. Yes, I'd like to receive email communications on editorial features, special offers, research and events and webinars from Automotive News. Hau Thai-Tang is executive vice president of Product Development and Purchasing, Ford Motor Company, effective June 1, 2017. 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. enviando un correo electrnico a The ratio of the CEO's total compensation to the medianof all employees' total compensation is 356 to 1. The new totals reflect the addition of Alexandra Ford English and Henry Ford III. Ci If you would like to contact Fords Board of Directors please use the following address: Ford Motor Company, Customer Relationship Center, P.O. Stone, who was hired April 15 and assumed his CFO role June 1: $8.32 million. Box 6248, Dearborn, MI 48126, U.S.A. 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. 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. The estimated base pay is $196,580 per year. View Top Engineering Executive Salary in Kyles Ford, TN, and get a free salary report with salary range, bonus, and benefits information. Responses will be sent to those that include a return address, as appropriate. 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. Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. NISSAN: 2022 Pathfinder and 2022 Frontier, APCO HOLDINGS: Strategies for handling new F&I dynamics. 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. Fiat Chrysler Automobiles paid CEO Mike Manleymore than $14.4 million in total compensation in 2019. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. 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. 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. Farley held multiple leadershiproles in 2020, including president of new business, technology and strategy as well aschief operating officer. Follow her on Twitter @phoebesaid. Disculpa 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. Base salary considers skills, experience and competitive market value. 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 General Summary Under limited supervision from a Senior Level Executive in Leadership Salary Grade M10 and above or Henry Ford Medical Group Chair, provides personal and administrative support . Here are further demographic highlights of the leadership team: The Ford Motor executive team is 35% female and 65% male. 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 None of the information on this page has been provided or approved by Ford Motor. Please select at least one newsletter to subscribe. 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. 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. March 18, 2022 11:26 AM Michael Martinez Ford CEO Jim Farley DETROIT Ford Motor Co. CEO Jim. Please indicate whether you are a shareholder, customer, supplier or other interested party. That's up from $8,361,479 in 2019. Ford CEO Jim Farley received total compensation of $22,813,174in 2021for running the company, according to documents the Dearborn automakerreleased Friday. 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. Heres the next step in their evolution. Doug Field. Lamentamos pelo inconveniente. NISSAN: 2022 Pathfinder and 2022 Frontier, APCO HOLDINGS: Strategies for handling new F&I dynamics. Alpha One Ford Executive Assistant in the United States makes about $51,689 per year. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. #WeAreFord 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. Farley's pay included a $1.7 million base salary, up 19 percent over 2020. 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. The most common ethnicity among Ford Motor executive officers is White. message, please email 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. ; 10% of the management team is Black or African American. 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. 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. Steven Croley. Please help us protect Glassdoor by verifying that you're a At time of writing, Fords production facilities are shut down for manufacturing vehicles. 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. "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. Executive Chair Bill Ford's total compensation rose about 16 percent to $18.6 million. How accurate is this most likely Total Pay range (base + additional) of $330K-$605K/yr? 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. 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. 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The Mustang exterior design manager took a circuitous career route to his current position, but he feels like hes right where he belongs now. Ford Motor has 186,000 employees, of which 104 are in a leadership position. 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. We are sorry for the inconvenience. "Jim (Hackett) has been advising (Executive Chairman)Bill Ford and the management team on strategic issues. He has held a lifelong passion for cars, with a particular interest in hot hatchbacks and off-road rigs. 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.