ein Mensch und keine Maschine sind. 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 . "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. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. 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. 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. 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. 1155 Gratiot Avenue Als u dit bericht blijft zien, stuur dan een e-mail Detroit, Michigan His compensation also included $400,895 for personal use of aircraft and $1.3 million for security. The new totals reflect the addition of Alexandra Ford English and Henry Ford III. ISSN 0005-1551 (print) If you continue to see this Hackett was, by a wide margin, Fords largest individual earner in 2019. Chief Policy Officer and General Counsel. Product Manager salaries - 112 salaries reported. Lawler's total compensation in 2021 jumped about 60 percent to $9.4 million. He has held a lifelong passion for cars, with a particular interest in hot hatchbacks and off-road rigs. 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. CEO Jim Hackett was Ford's top earner, taking home $17.4 million in 2019, according to recent SEC disclosures. And also salary ranges/ benefits for those levels?Current TC: 95k The national average salary for a Ford Motor employee in the United States is $66,872 per year. not enough compared to other companies., Ford put the world on wheels over a century ago, but weve always thought like a start-up. 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? GMs Mary Barra earned $21.87 million in 2018. [Photo: Ford] Ford disclosed the salary and pay ratio data for its executives in an . ISSN 2576-1064 (print) 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. The company's 2021 earnings included a $7.4 billion profit in North America. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Haig: Buy-Sell Q&A: What is the value of an M&A advisor? The Mustang exterior design manager took a circuitous career route to his current position, but he feels like hes right where he belongs now. Additional pay could include bonus, stock, commission, profit sharing or tips. 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. Former CEO Jim Hackett received the largest pandemic bonus: $1.26 million. 2022 TFLcar.com - Road Chaser, Inc. All rights reserved. Coupled with an EBIT margin of 7.3 percent, it was Ford's strongest performance since 2016. Concentrix: How can customer data drive a better automotive CX? Of interest to many nonprofit readers are the salaries paid to foundation executives and to the top people in nonprofit service providers. 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. ISSN 1557-7686 (online), Fixed Ops Journal 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. 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. 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 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. President, Lincoln. Both Hau Thai-Tang, now chief industrial platform officer, andKumar Galhotra, now president of Ford Blue,fell off the list of top paid executives. 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. Exterior Design Manager Reflects on Passion for Mustang, Development of All-New Model. ; 11% of Ford Motor management is Hispanic or Latino. 1155 Gratiot Avenue Meet members of the Ford Chinese Association and find out their favorite Lunar New Year traditions. 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. In a time where worker anxiety is at its peak during the coronavirus pandemic, time will tell how compensation shifts at all three American automakers in 2020. Happy Lunar New Year from all of us at Ford! Caso continue recebendo esta mensagem, Lawler wasCEO of Ford Autonomous Vehicles and vice president of mobility partnerships. Ford listed Hackett's retirement from the company as March 31, 2021, in its U.S. Securities and Exchange Commission filings. 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. Ford Motor has 186,000 employees, of which 104 are in a leadership position. Please select at least one newsletter to subscribe. Heres the next step in their evolution. How accurate is this most likely Total Pay range (base + additional) of $330K-$605K/yr? 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. General Motors CEO Mary Barraearned$21.6million in total compensation in 2019. View Comments. Non-Executive Chairman and Co-Founder of Velocitas Partners, Executive Vice President of Product Development & Purchasing. 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. Big stock awards and performance gave Ford CEO Jim Farley a major boost in his 2021 payout. Alexandra Ford English, the great-great-granddaughter of founder Henry Ford, was paid $571,701. John Lawler, who succeeded Tim Stone as CFO in October, made nearly $6 million. Si continas recibiendo este mensaje, infrmanos del problema William Ford: Executive: Republican Party: $14,200: Henry Ford: Sales/Marketing: Democratic Party: $14,000 . 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. real person. message, contactez-nous l'adresse Ford said executives exceeded cash flow, pretax earnings and quality targets, although they achieved none of their revenue goals. 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. He was 52. 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. The Ford Motor executive team is 35% female and 65% male. The changes would apply to Galhotra, CEO Jim Farley, Executive Chair Bill Ford Jr. and other senior leaders. Ford's biggest individual earner last year was Hackett, who served as CEO from May 2017 tolastOctober. Lamentamos pelo inconveniente. Auto theft has been on the rise over the past decade, and these states have been hit particularly hard. Help ons Glassdoor te beschermen door te verifiren of u een persoon bent. 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. (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. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. 11% of employees are Black or African American. Fiat Chrysler Automobiles paid CEO Mike Manleymore than $14.4 million in total compensation in 2019. Edsel B. Ford IIwas paid $811,469. 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. 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. Wenn 2020 CBS Broadcasting Inc. All Rights Reserved. Ford posted adjusted EBIT for 2021 of $10 billion, roughly four times its 2020 earnings. The Times-Union compiled a list of the. 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 Like generations of leaders before them, they understand that by helping to create a world with fewer obstacles and limits, we help people to move forward and upward. 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. Have an opinion about this story? 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? Please select at least one newsletter to subscribe. 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. Process Coach salaries - 86 salaries reported. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. White is the most common ethnicity company-wide. Si continas viendo este mensaje, Actual salary will be determined based on skills, experience (to the extent relevant) and other job-related factors, consistent with applicable law. Please enable Cookies and reload the page. The surveyed salaries which covered 54 people, because several earned identical salaries - added up to about $10.7 million in the 2019-20 budget year. Have an opinion about this story? ", 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'. In 2021, Ford compensated its 15-member board of directorsin cash, stock and other benefits for a total value of $9,147,002. Salaries at Ford Motor Company range from an average of $68,185 to $132,153 a year. View Top Engineering Executive Salary in Kyles Ford, TN, and get a free salary report with salary range, bonus, and benefits information. Detroit, Michigan 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 Steven Croley. The company's 2021 performance led to sizable bonuses, including $3.7 million for Farley and $2 million for CFO John Lawler. Do you want to design products people fall in love with? Among Southeastern Michigan foundations, topping the salary list is Rip Rapson of the Kresge Foundation at $695,468. Other highly-paid executives include chief financial officer Tim Stone, who earned $8.3 million in his first year at Ford. Hau Thai-Tang, chief product platform and operations officer, made $11.8 million, including a $1.2 million salary. All proxy statements are public filings made available to the general public by the SEC. The employee data is based on information from people who have self-reported their past or current employments at Ford Motor. The annual virtual shareholders meeting is scheduled for May 12. His base salary of $1.7 million was unchanged, but his stock awards more than doubled to $13.8 million. 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. 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. 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. CEO Jim Farley, who assumedthe helmon Oct. 1, earned $11,802,054 in executive compensation for the whole year. That total consists of a $1.4 million base salary, $5.1 million in stock awards, and around $4.2 million in other awards. Choose your news we will deliver. For more information, see ourPrivacy Policy. NISSAN: 2022 Pathfinder and 2022 Frontier, APCO HOLDINGS: Strategies for handling new F&I dynamics. 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. Dianne Craig. Stone, who was hired April 15 and assumed his CFO role June 1: $8.32 million. ISSN 1557-7686 (online), Fixed Ops Journal 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.