How accurate is this most likely Total Pay range (base + additional) of $330K-$605K/yr? "His CEO compensation is 90% performance based and is in line with his industry peers.". 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. More: Ford's Jim Hackett kept $16.7M pay package in 2020 despite stepping down. The starting base salary for this Brea, CAposition is expected to be between $200,000.00 to $250,000.00 annually. Chief Policy Officer and General Counsel. 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. 48207-2997, Automotive News Doug Field. Farley held multiple leadershiproles in 2020, including president of new business, technology and strategy as well aschief operating officer. CEO Jim Farley, who assumedthe helmon Oct. 1, earned $11,802,054 in executive compensation for the whole year. The company's 2021 performance led to sizable bonuses, including $3.7 million for Farley and $2 million for CFO John Lawler. 1155 Gratiot Avenue View Comments. FORD MOTOR CO income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. FORD MOTOR CO income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Exterior Design Manager Reflects on Passion for Mustang, Development of All-New Model. Ford CEO Jim Farley received total compensation of $22,813,174in 2021for running the company, according to documents the Dearborn automakerreleased Friday. an. Vice President, EV Industrialization, Ford Model e. James D. Farley, Jr. President and Chief Executive Officer. Wenn 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. 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 data presented on this page does not represent the view of Ford Motor and its employees or that of Zippia. ISSN 0005-1551 (print) ISSN 1557-7686 (online), Fixed Ops Journal The estimated base pay is $196,149 per year. 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We havent detailed which ones," Ford spokesman T.R. 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Detroit, Michigan Choose your news we will deliver. People | Ford Media Center 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. Edsel B. Ford IIwas paid $811,469. Lisa Drake. The estimated base pay is $196,580 per year. Jim Farley, who is now chief operating officer, earned $5.9 million in 2019. Reid emailedthe Free Press in March. Detroit, Michigan 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. Former CFO Bob Shanks also received $8.3 million in 2019. 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 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. . 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. ; 10% of the management team is Black or African American. Chief Advanced Product Development and Technology Officer. 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. 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. 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. With the people of Ford around the world, our leadership is committed to serving all of our stakeholder groups. After growing up surrounded by Mustangs, it seemed inevitable that Chris Walter would end up working on them. 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. Joe Nader, the former executive chef at Ford Field, dies at 52 $87,464 / yr. 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. Follow her on Twitter @phoebesaid. Allstate: Compliance standards are changing. Click here to submit a Letter to the Editor, and we may publish it in 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. He was 52. Henry Ford Health hiring Executive Assistant - 40hrs/wk - Days -Detroit Sign up and get the best of Automotive News delivered straight to your email inbox, free of charge. las molestias. Heres what you need to know. Nader, of Plymouth, died on Thursday, March 2, at . 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. Bill Ford at $16,046,542, down from$16.8 millionin 2019. not enough compared to other companies., Ford put the world on wheels over a century ago, but weve always thought like a start-up. William Ford: Executive: Republican Party: $14,200: Henry Ford: Sales/Marketing: Democratic Party: $14,000 . 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. to let us know you're having trouble. "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. March 18, 2022 11:26 AM Michael Martinez Ford CEO Jim Farley DETROIT Ford Motor Co. CEO Jim. Ford shores up cash as COVID-19 strangles economy - Detroit Free Press Farley's pay included a $1.4 million base salary, $5.1. Ford Motor is 34% female and 66% male company-wide. 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. Working At Ford Motor: Employee Reviews And Culture - Zippia While all Big Three automakers suffered on the sales front through March 2020, one strong area was in trucks. Si continas recibiendo este mensaje, infrmanos del problema 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. In this week's "Ask Nathan," Modular EV Truck, Using Tires for Disaster Recovery, and Wrenching on Our Own Cars? PDF 2022 New Hire Benefits Summary - Ford Corporate "Those topics can be competitively sensitive, especially in a period of industry transition.". Box 6248, Dearborn, MI 48126, U.S.A. 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. Dianne Craig. Neither General Motors nor Stellantis have released their executive compensation packages for 2020. Sie weiterhin diese Meldung erhalten, informieren Sie uns darber bitte per E-Mail Salaries at Ford Motor Company range from an average of $68,185 to $132,153 a year. That's up from $8,361,479 in 2019. Henry Ford III, great-great-grandson of the founder, was paid $331,401. "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. 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. 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. ; 61% of the management team is White. The automaker's compensation committee said it calculated Lawler's bonus on a different scale than his colleagues because of his "exceptional performance" in 2021. (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. Manley earned 232 times the average FCA employee, whose total compensation was $62,259, as reported by the Detroit Free Press. "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. envie um e-mail para ISSN 2576-1064 (print) Ford Motor Company Executive Salaries | Glassdoor The estimated total pay for a Executive Director at Ford Motor Company is $440,417 per year. Do you want to design products people fall in love with? 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 The estimated total pay for a Executive Director at Ford Motor Company is $440,023 per year. Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. West Senior Sales Executive in California makes about $66,604 per year. 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. Car Wars: Is a Rise in Service Leading to Poor Customer Satisfaction? 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. See more newsletter options at autonews.com/newsletters. If you continue to see this 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. "Jim (Hackett) has been advising (Executive Chairman)Bill Ford and the management team on strategic issues. 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. Former CEO Jim Hackett received the largest pandemic bonus: $1.26 million. Coupled with an EBIT margin of 7.3 percent, it was Ford's strongest performance since 2016. Additional pay could include bonus, stock, commission, profit sharing or tips. Auto theft has been on the rise over the past decade, and these states have been hit particularly hard. Aircraft costs are based onfuel, maintenance, flight crew, insurance and hangar storage expenses. The Ford Motor executive team is 35% female and 65% male. Choose your news we will deliver. Ford Motor may also be known as or be related to Ford Motor, FORD MOTOR CO, Ford Credit and Ford Motor Company. "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.". NISSAN: 2022 Pathfinder and 2022 Frontier, APCO HOLDINGS: Strategies for handling new F&I dynamics. Stellantis CEO Carlos Tavares made $21M in 2021. 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. Executive Chairman Bill Ford: $16.76 million, up from $13.83 million in 2018. 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. NISSAN: 2022 Pathfinder and 2022 Frontier, APCO HOLDINGS: Strategies for handling new F&I dynamics. Ajude-nos a manter o Glassdoor seguro confirmando que voc uma pessoa de His base salary of $1.7 million was unchanged, but his stock awards more than doubled to $13.8 million. West Senior Sales Executive Salaries in California - indeed.com 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. Ford Motor Company Executive Director Salaries | Glassdoor 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. Follow her on Twitter @phoebesaid. 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. Non-Executive Chairman and Co-Founder of Velocitas Partners, Executive Vice President of Product Development & Purchasing. Both were scheduled to be released this year. 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. 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. Michael Amend, ina new role as of March 2021,was at $12,781,136. 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. / CW50 Detroit. 2022 TFLcar.com - Road Chaser, Inc. All rights reserved. Ford Motor Company Executive Director Salaries in Freeport, MI 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. Ford to double bonus payments for some salaried employees after outcry Hau Thai-Tang, chief product platform and operations officer, made $11.8 million, including a $1.2 million salary. pour nous faire part du problme. President, Lincoln. Aydanos a proteger Glassdoor y demustranos que eres una persona real. Caso continue recebendo esta mensagem, 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. 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. per informarci del problema. ein Mensch und keine Maschine sind. His compensation also included $400,895 for personal use of aircraft and $1.3 million for security. 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. ; 11% of Ford Motor management is Hispanic or Latino. 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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. 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. Yes, I'd like to receive email communications on editorial features, special offers, research and events and webinars from Automotive News. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Read more on Ford and sign up for our autos newsletter. ISSN 0005-1551 (print) John Lawler, who replaced Stone as CFO on Oct. 1, at $5,983,141. Click here to submit a Letter to the Editor, and we may publish it in print. The company's 2021 earnings included a $7.4 billion profit in North America. Contact Phoebe Wall Howard: 313-618-1034 or phoward@freepress.com. om ons te informeren over dit probleem. Kumar Galhotra, president of the Americas and International Markets Group, earned $8,534,094. Of interest to many nonprofit readers are the salaries paid to foundation executives and to the top people in nonprofit service providers. Lawler's compensation included a $715,000 salary and $27,313 for evaluation vehicles. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. 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). GM has not yet reported her total compensation for 2019. 11% of employees are Black or African American. Si vous continuez voir ce ", 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'. His $16.7 million in total compensation broke down as $1.8 million in salary, $7.9. Galhotra made $8.5 million in 2020, including an $865,000 salary. People | Ford Media Center What do you think? Please enable Cookies and reload the page. 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. 2023 CBS Broadcasting Inc. All Rights Reserved. The information shown here is a reporting of information included in the company's proxy statement. 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.