Bill Ford at $16,046,542, down from$16.8 millionin 2019. It's the Chevy Bolt vs MINI SE by someone who actually used both for daily drivers. Choose your news we will deliver. 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. Concentrix: How can customer data drive a better automotive CX? Choose your news we will deliver. 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. We havent detailed which ones," Ford spokesman T.R. 2022 TFLcar.com - Road Chaser, Inc. All rights reserved. Your input helps Glassdoor refine our pay estimates over time. Bill Ford at $18,662,706, up from $16,046,542 in 2020. His responsibilities expanded last year. Doug Field. That's up from $8,361,479 in 2019. Heres the next step in their evolution, Champ: The history of titling and the cost of human error. 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. 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? Disculpa How accurate is this most likely Total Pay range (base + additional) of $330K-$605K/yr? Wenn Lawler's total compensation in 2021 jumped about 60 percent to $9.4 million. Executive Chairman Bill Ford's total compensation declined 4.2 percent to $16 million. More: Ford's Jim Hackett kept $16.7M pay package in 2020 despite stepping down. Farley's benefits included$830,305 for personal use of aircraft while Bill Ford's benefits included$400,895 for personal use of aircraft and $1,340,817 for security, according to the filing Friday. Non-Executive Chairman and Co-Founder of Velocitas Partners, Executive Vice President of Product Development & Purchasing. Ford's biggest individual earner last year was Farley, whosetotal compensation broke down as $1.7million in salary,$16millionin stock awards, nearly $3.7 millionin incentive plan compensation,and about $1.4 millionin other payments. With the people of Ford around the world, our leadership is committed to serving all of our stakeholder groups. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Can someone explain levels hierarchy at Ford? Thorough reviews have been conducted to assure this data accurately reflects disclosures. Haig Partners: How are dealerships being valued today? 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. Thai-Tang and Kumar Galhotra, Ford's president of the Americas and International Markets Group, received incremental bonuses for their roles last year. See more newsletter options at autonews.com/newsletters. los inconvenientes que esto te pueda causar. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. 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. Ci The estimated total pay for a Executive Director at Ford Motor Company is $440,023 per year. Hau Thai-Tang, who was promoted from chief product development and purchasing officer tochief product platformand operations officer, at$11,780,405. 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. 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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. Aircraft costs are based onfuel, maintenance, flight crew, insurance and hangar storage expenses. 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. Nous sommes dsols pour la gne occasionne. 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. Based on 4 salaries posted anonymously by Ford Motor Company Executive Director employees in Freeport, MI. enva un correo electrnico a Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. 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. The automaker is also trying to. If you continue to see this CFO Bob Shanks, who was replaced by. You can unsubscribe at any time through links in these emails. 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. "Jim (Hackett) has been advising (Executive Chairman)Bill Ford and the management team on strategic issues. 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 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. 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. (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. 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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. Process Coach salaries - 86 salaries reported. Farley received $685,330. 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? Salary ranges represent what Ford pays for a job within a salary grade or leadership level based Meet members of the Ford Chinese Association and find out their favorite Lunar New Year traditions. He has held a lifelong passion for cars, with a particular interest in hot hatchbacks and off-road rigs. Executive chairman Bill Ford received $16.8 million, while Joe Hinrichs (president, Automotive) was paid $11 million. 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. 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. Tommy covers which is better for your buck! 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Farley's pay included a $1.7 million base salary, up 19 percent over 2020. The changes would apply to Galhotra, CEO Jim Farley, Executive Chair Bill Ford Jr. and other senior leaders. 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. March 18, 2022 11:26 AM Michael Martinez Ford CEO Jim Farley DETROIT Ford Motor Co. CEO Jim. Si continas viendo este mensaje, Hackett's 2020 compensation totaled $16.7 million, down 3.6 percent from 2019. 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. Sie weiterhin diese Meldung erhalten, informieren Sie uns darber bitte per E-Mail Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. . Ford posted adjusted EBIT for 2021 of $10 billion, roughly four times its 2020 earnings. More: Bill Ford's controversial viewpoint has changed Detroit automaker. 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. April 27, 2020 / 10:59 PM Ford Motor has 186,000 employees, of which 104 are in a leadership position. scusiamo se questo pu causarti degli inconvenienti. After growing up surrounded by Mustangs, it seemed inevitable that Chris Walter would end up working on them. 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Please help us protect Glassdoor by verifying that you're a pour nous faire part du problme. Indeed.com estimated this salary based on data from 1 employees, users and past and present job ads. His $16.7 million in total compensation broke down as $1.8 million in salary, $7.9. 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. First published on April 27, 2020 / 10:59 PM. His base salary of $1.7 million was unchanged, but his stock awards more than doubled to $13.8 million. verdade. Haig: Buy-Sell Q&A: What is the value of an M&A advisor? ; 10% of the management team is Black or African American. to let us know you're having trouble. 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. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. 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 . Chief Advanced Product Development and Technology Officer. Wir entschuldigen uns fr die Umstnde. Executive Chair Bill Ford's total compensation rose about 16 percent to $18.6 million. Here are further demographic highlights of the leadership team: The Henry Ford Health System executive team is 44% female and 56% male. Lamentamos pelo inconveniente. Content in this story was edited after publishing. 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. Related Searches:All Executive Director Salaries|All Ford Motor Company Salaries. 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. Former CEO Jim Hackett received the largest pandemic bonus: $1.26 million. 48207-2997, Automotive News View Comments. Heres what you need to know. 2020 CBS Broadcasting Inc. All Rights Reserved. Salaries at Ford Motor Company range from an average of $68,185 to $132,153 a year. / CW50 Detroit. For its 2021 fiscal year, FORD MOTOR CO, listed the following board members on its annual proxy statement to the SEC. In 2021, Ford compensated its 15-member board of directorsin cash, stock and other benefits for a total value of $9,147,002. ein Mensch und keine Maschine sind. "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. While Hackett did earn a substantial amount, he hasnt been the highest-earning automotive executive among the Big Three. Concentrix: How can customer data drive a better automotive CX? Bitte helfen Sie uns, Glassdoor zu schtzen, indem Sie besttigen, dass Sie envie um e-mail para #WeAreFord #FordChinese Association Would you like to work at a company with active employee resource groups and opportunities to learn about and enjoy a variety of cultures? The information shown here is a reporting of information included in the company's proxy statement. What do you think? Ford Motor may also be known as or be related to Ford Motor, FORD MOTOR CO, Ford Credit and Ford Motor Company. Yes, I'd like to receive email communications on editorial features, special offers, research and events and webinars from Automotive News. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Based on our data team's research, James D. Farley Jr is the Ford Motor's CEO. not enough compared to other companies., Ford put the world on wheels over a century ago, but weve always thought like a start-up. real person. He was 52. 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. 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. Fiat Chrysler Automobiles paid CEO Mike Manleymore than $14.4 million in total compensation in 2019. 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. 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. 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. 62% of the management team is White. The automaker is also trying to figure out when to release its highly anticipated Ford Bronco and F-150. The Detroit News. 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. ; 61% of the management team is White. William Ford: Executive: Republican Party: $14,200: Henry Ford: Sales/Marketing: Democratic Party: $14,000 . View Top Engineering Executive Salary in Kyles Ford, TN, and get a free salary report with salary range, bonus, and benefits information. para nos informar sobre o problema. Exterior Design Manager Reflects on Passion for Mustang, Development of All-New Model. Box 6248, Dearborn, MI 48126, U.S.A. . The company's 2021 earnings included a $7.4 billion profit in North America. Sign up and get the best of Automotive News delivered straight to your email inbox, free of charge. The dramatic difference in 2019, Ford said, related to pension values and how the data is calculated. 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. Please select at least one newsletter to subscribe. 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. This material may not be published, broadcast, rewritten, or redistributed. Get a free, personalized salary estimate based on today's job market. Hau Thai-Tang, chief product platform and operations officer, made $11.8 million, including a $1.2 million salary. In that report, the company showed how much Ford employees made last year as well as top-earners, like CEO Jim Hackett. 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This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Henry Ford III, great-great-grandson of the founder, was paid $331,401. Hackett stepped down as CEO on Oct. 1 but remained with the company as an adviser. The most common ethnicity among Ford Motor executive officers is White. If you would like to contact Fords Board of Directors please use the following address: Ford Motor Company, Customer Relationship Center, P.O. 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. Si continas recibiendo este mensaje, infrmanos del problema The annual virtual shareholders meeting is scheduled for May 12. Car Wars: Is a Rise in Service Leading to Poor Customer Satisfaction? Als u dit bericht blijft zien, stuur dan een e-mail Here are further demographic highlights of the leadership team: The Ford Motor executive team is 35% female and 65% male. What do you think? Meanwhile, Farley is being rewarded on strength of performance in his first full year as CEO, said Ford spokesperson Catherine Hargett. Click here to submit a Letter to the Editor, and we may publish it in print. Ford listed Hackett's retirement from the company as March 31, 2021, in its U.S. Securities and Exchange Commission filings. Other highly-paid executives include chief financial officer Tim Stone, who earned $8.3 million in his first year at Ford. Executive Summary. For more information, see ourPrivacy Policy. 1155 Gratiot Avenue 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 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. General Motors CEO Mary Barraearned$21.6million in total compensation in 2019. Ford disclosed the salary and pay ratio data for its executives in an annual compensation report to the U.S. Securities and Exchange Commission. That's down slightlyfrom nearly $17.4 million in 2019. $77,253 / yr. 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. 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. Stone, who was hired April 15 and assumed his CFO role June 1: $8.32 million. Haig: Buy-Sell Q&A: What is the value of an M&A advisor? Get browser notifications for breaking news, live events, and exclusive reporting. In a year ravaged by the COVID-19 pandemic . 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. 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. NISSAN: 2022 Pathfinder and 2022 Frontier, APCO HOLDINGS: Strategies for handling new F&I dynamics. Steven Croley. Sign up and get the best of Automotive News delivered straight to your email inbox, free of charge. Base salary considers skills, experience and competitive market value. "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.". Follow her on Twitter @phoebesaid. Meanwhile, the company will double bonuses for lower-level employees, from 54% of their . John Lawler, who succeeded Tim Stone as CFO in October, made nearly $6 million. 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). All proxy statements are public filings made available to the general public by the SEC. Please enable Cookies and reload the page. The new totals reflect the addition of Alexandra Ford English and Henry Ford III. Have an opinion about this story? Neither General Motors nor Stellantis have released their executive compensation packages for 2020. And also salary ranges/ benefits for those levels?Current TC: 95k 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. naar Join us today at www.careers.ford.com and celebrate with us! Aircraft costs are based onfuel, maintenance, flight crew, insurance and hangar storage expenses. Farley, Lawler and Ford each received a "pandemic response award," valued at $685,319, $181,229 and $405,000, respectively. The Mustang exterior design manager took a circuitous career route to his current position, but he feels like hes right where he belongs now. 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. 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. The estimated total pay for a Executive Director at Ford Motor Company is $440,417 per year. Dianne Craig. 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. 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