Neither General Motors nor Stellantis have released their executive compensation packages for 2020. In this capacity, he directed all global engineering for car, truck, SUV and crossover vehicles for the Ford and Lincoln brands in support of the One Ford plan.Thai-Tang also was executive director of Global Product Programs, and director of Advanced Product Creation and Special Vehicle Team (SVT). The company's 2021 earnings included a $7.4 billion profit in North America. In a year ravaged by the COVID-19 pandemic . 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. For its 2021 fiscal year, FORD MOTOR CO, listed the following board members on its annual proxy statement to the SEC. Auto theft has been on the rise over the past decade, and these states have been hit particularly hard. You can unsubscribe at any time through links in these emails. Choose your news we will deliver. 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. 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. Related Searches:All Executive Director Salaries|All Ford Motor Company Salaries. 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. Of interest to many nonprofit readers are the salaries paid to foundation executives and to the top people in nonprofit service providers. The dramatic difference in 2019, Ford said, related to pension values and how the data is calculated. Based on our data team's research, James D. Farley Jr is the Ford Motor's CEO. Happy Lunar New Year from all of us at Ford! naar 11% of employees are Black or African American. 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. See more newsletter options at autonews.com/newsletters. 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 This employer has claimed their Employer Profile and is engaged in the Glassdoor community. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. Have an opinion about this story? 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. 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. Lamentamos That's down slightlyfrom nearly $17.4 million in 2019. 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. The ratio of the CEO's total compensation to the medianof all employees' total compensation is 356 to 1. 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. Sign up and get the best of Automotive News delivered straight to your email inbox, free of charge. 2023 CBS Broadcasting Inc. All Rights Reserved. In these roles, he led the delivery of Fords mainstream and high performance products from conception to launch across all regions.Thai-Tangs international experience includes assignments in Cologne, Germany and four years serving as director of Product Development for Ford South America. All proxy statements are public filings made available to the general public by the SEC. Know Your Worth. Lamentamos pelo inconveniente. Vice President, EV Industrialization, Ford Model e. James D. Farley, Jr. President and Chief Executive Officer. #WeAreFord You can unsubscribe at any time through links in these emails. scusiamo se questo pu causarti degli inconvenienti. 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 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. 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. Both Hau Thai-Tang, now chief industrial platform officer, andKumar Galhotra, now president of Ford Blue,fell off the list of top paid executives. Haig: Buy-Sell Q&A: What is the value of an M&A advisor? Ford CEO Jim Hackett told employees Thursday that the company's top 300 executives will defer 20 percent to 50 percent of their pay for at least five months starting May 1 due to the. With the people of Ford around the world, our leadership is committed to serving all of our stakeholder groups. General Motors CEO Mary Barraearned$21.6million in total compensation in 2019. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Chief Advanced Product Development and Technology Officer. Can someone explain levels hierarchy at Ford? Hau Thai-Tang is executive vice president of Product Development and Purchasing, Ford Motor Company, effective June 1, 2017. Ford Motor may also be known as or be related to Ford Motor, FORD MOTOR CO, Ford Credit and Ford Motor Company. FORD MOTOR CO income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. 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. This report is not for commercial use. 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. For more information, see ourPrivacy Policy. Content in this story was edited after publishing. real person. Allstate: Compliance standards are changing. 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. That's up from $8,361,479 in 2019. William Ford: Executive: Republican Party: $14,200: Henry Ford: Sales/Marketing: Democratic Party: $14,000 . His $16.7 million in total compensation broke down as $1.8 million in salary, $7.9. 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. Have an opinion about this story? 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. If you would like to contact Fords Board of Directors please use the following address: Ford Motor Company, Customer Relationship Center, P.O. verdade. Lawler wasCEO of Ford Autonomous Vehicles and vice president of mobility partnerships. 9% of Henry Ford Health System management is Hispanic or Latino. 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. Get browser notifications for breaking news, live events, and exclusive reporting. para informarnos de que tienes problemas. 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 "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Henry Ford III, great-great-grandson of the founder, was paid $331,401. ", 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'. Indeed.com estimated this salary based on data from 1 employees, users and past and present job ads. In that report, the company showed how much Ford employees made last year as well as top-earners, like CEO Jim Hackett. Hackett stepped down as CEO on Oct. 1 but remained with the company as an adviser. You may also find the annual proxy statement by going directly to the company's website. DirectorJon Huntsman was paid the most at$3.9 million. ISSN 2576-1064 (print) Former CFO Bob Shanks also received $8.3 million in 2019. Ford Motor is 34% female and 66% male company-wide. 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. After growing up surrounded by Mustangs, it seemed inevitable that Chris Walter would end up working on them. Global Modern Slavery Statement (view PDF). 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 Hackett's 2020 compensation totaled $16.7 million, down 3.6 percent from 2019. 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). 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? ; 11% of Ford Motor management is Hispanic or Latino. Ford CEO Jim Farley received total compensation of $22,813,174in 2021for running the company, according to documents the Dearborn automakerreleased Friday. 2020 CBS Broadcasting Inc. All Rights Reserved. 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. 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. Heres the next step in their evolution, Champ: The history of titling and the cost of human error. 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. He has held a lifelong passion for cars, with a particular interest in hot hatchbacks and off-road rigs. Thelower amountin this years filingreflects whatLawler actually received. Jim Farley, who is now chief operating officer, earned $5.9 million in 2019. Salaries at Ford Motor Company range from an average of $68,185 to $132,153 a year. Stone, who was hired April 15 and assumed his CFO role June 1: $8.32 million. CEO Jim Hackett was Ford's top earner, taking home $17.4 million in 2019, according to recent SEC disclosures. Ford posted adjusted EBIT for 2021 of $10 billion, roughly four times its 2020 earnings. GM CEO Mary Barra received a $23.6 million package in 2020. Meet members of the Ford Chinese Association and find out their favorite Lunar New Year traditions. Car Wars: Is a Rise in Service Leading to Poor Customer Satisfaction? Allstate: Compliance standards are changing. 48207-2997, Automotive News excuses voor het ongemak. Thorough reviews have been conducted to assure this data accurately reflects disclosures. 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. Aydanos a proteger Glassdoor verificando que eres una persona real. 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.