Ford's biggest individual earner last year was Hackett, who served as CEO from May 2017 to last October. The CEO of Ford Motor is James D. Farley Jr. Henry Ford III and William E. Kennard founded Ford Motor. 11% of the management team is Hispanic or Latino. 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. pour nous faire part du problme. Detroit, Michigan 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. ISSN 1557-7686 (online), Fixed Ops Journal This report is not for commercial use. That's down slightlyfrom nearly $17.4 million in 2019. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. ein Mensch und keine Maschine sind. You may also find the annual proxy statement by going directly to the company's website. His compensation also included $830,305 for personal use of aircraft. 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. Car Wars: Is a Rise in Service Leading to Poor Customer Satisfaction? That's up from $8,361,479 in 2019. Ford listed Hackett's retirement from the company as March 31, 2021, in its U.S. Securities and Exchange Commission filings. Manley earned 232 times the average FCA employee, whose total compensation was $62,259, as reported by the Detroit Free Press. The Times-Union compiled a list of the. para informarnos de que tienes problemas. 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 The estimated additional pay is $243,443 . Non-Executive Chairman and Co-Founder of Velocitas Partners, Executive Vice President of Product Development & Purchasing. Aydanos a proteger Glassdoor y demustranos que eres una persona real. None of the information on this page has been provided or approved by Ford Motor. "His CEO compensation is 90% performance based and is in line with his industry peers.". We havent detailed which ones," Ford spokesman T.R. excuses voor het ongemak. GM has not yet reported her total compensation for 2019. Contact Phoebe Wall Howard at 313-222-6512 or phoward@freepress.com. 2020 CBS Broadcasting Inc. All Rights Reserved. Thai-Tang and Kumar Galhotra, Ford's president of the Americas and International Markets Group, received incremental bonuses for their roles last year. The information shown here is a reporting of information included in the company's proxy statement. message, please email The company's 2021 earnings included a $7.4 billion profit in North America. Farley, Lawler and Ford each received a "pandemic response award," valued at $685,319, $181,229 and $405,000, respectively. It's the Year of the Rabbit! 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. Heres what you need to know. envie um e-mail para 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? Content in this story was edited after publishing. Dianne Craig. All proxy statements are public filings made available to the general public by the SEC. 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. 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. Based in Brazil, he oversaw the development of new products for value markets and led the emergence of FSAO as a global product development center. That total consists of a $1.4 million base salary, $5.1 million in stock awards, and around $4.2 million in other awards. The estimated additional pay is $244,268 per year. verdade. Stellantis CEO Carlos Tavares made $21M in 2021. $77,253 / yr. Ford Motor may also be known as or be related to Ford Motor, FORD MOTOR CO, Ford Credit and Ford Motor Company. 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. This material may not be published, broadcast, rewritten, or redistributed. Lisa Drake. During the two-week festival, the employee resource group shared a cooking demonstration, a virtual celebration, and a Chinese language and culture course with their fellow employees. Click here to submit a Letter to the Editor, and we may publish it in print. Lawler's total compensation in 2021 jumped about 60 percent to $9.4 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. Coupled with an EBIT margin of 7.3 percent, it was Ford's strongest performance since 2016. West Senior Sales Executive in California makes about $66,604 per year. 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. 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. DETROIT Ford Motor Co. CEO Jim Farley's total compensation soared 93 percent to $22.8 million in 2021, his first full year as the company's chief executive. 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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. "Historically, the Compensation Committee has refrained from exercising its discretion to modify the company's incentive programs, but, with management recommendations and advice from the committee's independent consultant, the committee determined that the unprecedented circumstances of the COVID-19 pandemic warranted such an action for 2020," Ford said in the proxy. White is the most common ethnicity company-wide. He was 52. 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. Onze The changes would apply to Galhotra, CEO Jim Farley, Executive Chair Bill Ford Jr. and other senior leaders. 11% of employees are Black or African American. The Detroit News. #WeAreFord Se continui a visualizzare 12% of the management team is Black or African American. Allstate: Compliance standards are changing. Please indicate whether you are a shareholder, customer, supplier or other interested party. Aircraft costs are based onfuel, maintenance, flight crew, insurance and hangar storage expenses. 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. ISSN 2576-1064 (print) Meanwhile, Farley is being rewarded on strength of performance in his first full year as CEO, said Ford spokesperson Catherine Hargett. Ford said executives exceeded cash flow, pretax earnings and quality targets, although they achieved none of their revenue goals. 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. 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). 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. $87,464 / yr. 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. Heres how they performed in the first three months of this year: Zach is the managing editor for TFLcar. Tommy covers which is better for your buck! Als u dit bericht blijft zien, stuur dan een e-mail ISSN 2576-1064 (print) Ford CEO Jim Farley received total compensation of $22,813,174in 2021for running the company, according to documents the Dearborn automakerreleased Friday. See more newsletter options at autonews.com/newsletters. 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. Neither General Motors nor Stellantis have released their executive compensation packages for 2020. Hackett stepped down as CEO on Oct. 1 but remained with the company as an adviser. General Motors has notreleased its executive compensationfor 2021. Happy Lunar New Year from all of us at Ford! 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. In 2021, Ford compensated its 15-member board of directorsin cash, stock and other benefits for a total value of $9,147,002. scusiamo se questo pu causarti degli inconvenienti. Based on our data team's research, James D. Farley Jr is the Ford Motor's CEO. His base salary of $1.7 million was unchanged, but his stock awards more than doubled to $13.8 million. 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. 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. Ford itemized more than $74.5million in executive compensation for its top fiveexecutives in 2021: Farley, chief financial officer John Lawler, board chair Bill Ford,chief enterprise technology officer Michael Amend and Chief EV and Digital Systems Officer for Ford Model e, Doug Field, filings show. 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 If you continue to see this Doug Field. 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. las molestias. per informarci del problema. Thorough reviews have been conducted to assure this data accurately reflects disclosures. Click here to submit a Letter to the Editor, and we may publish it in print. Join us today at www.careers.ford.com and celebrate with us! GMs Mary Barra earned $21.87 million in 2018. / CW50 Detroit. Concentrix: How can customer data drive a better automotive CX? He earned a $1.7. los inconvenientes que esto te pueda causar. The dramatic difference in 2019, Ford said, related to pension values and how the data is calculated. Farley's pay included a $1.4 million base salary, $5.1. 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. 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. 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. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. It's the Chevy Bolt vs MINI SE by someone who actually used both for daily drivers. 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. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. In a year ravaged by the COVID-19 pandemic . Responses will be sent to those that include a return address, as appropriate. $121,049 / yr. Ford College Graduate salaries - 97 salaries reported. Read more on Ford and sign up for our autos newsletter.