Farley, Lawler and Ford each received a "pandemic response award," valued at $685,319, $181,229 and $405,000, respectively. View Comments. Know Your Worth. Contact Phoebe Wall Howard at 313-222-6512 or phoward@freepress.com. The CEO of Ford Motor is James D. Farley Jr. Henry Ford III and William E. Kennard founded Ford Motor. ; 61% of the management team is White. First published on April 27, 2020 / 10:59 PM. GM has not yet reported her total compensation for 2019. All proxy statements are public filings made available to the general public by the SEC. Sign up and get the best of Automotive News delivered straight to your email inbox, free of charge. You may also find the annual proxy statement by going directly to the company's website. "Mr. Farley is a relatively new CEO leading a successful business transformation and his compensation reflects the change in his position, improvements in the companys performance and Ford+ achievements," she told the Free Press on Friday. Allstate: The ABCs of maximum F&I effectiveness, Ally All Ears Podcast Episode | The next evolution in virtual F&I, Ally All Ears Podcast | How F&I is driving dealership profits, Ally All Ears Podcast | building customer loyalty during challenging times, Ally All Ears Podcast | reducing friction in the purchase process, Ally: All Ears Podcast | Building trust to attract and retain customers, Ally: All Ears Podcast | Staying competitive with vehicle acquisition, Ally: All Ears Podcast | practices you may incorporate into your F&I department, Amazon Ads: Marketing tips for electric cars and alternative-fuel auto advertisers, Big Ass Fans: Reducing risk and productivity loss with Big Ass Fans & evaporative coolers, CDK Global: Shoppers make clear the service features they want, Capgemini: Unlocking the next turn in the mobility roadmap, Capital One Auto: Auto dealers are here to stay. Aydanos a proteger Glassdoor y demustranos que eres una persona real. Yes, I'd like to receive email communications on editorial features, special offers, research and events and webinars from Automotive News. ISSN 0005-1551 (print) 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? 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. 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. Meanwhile, the company will double bonuses for lower-level employees, from 54% of their . 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 Cox: Automation and the future of automotive retail, Cox: Transformation toward eCommerce in automotive retailing, Cox: Transforming F&I for Automotive eCommerce, Deloitte: ACCELERATING DIVERSITY, EQUITY AND INCLUSION, Easycare: Reinventing the service contract for EVs, Easycare: The importance of benchmarking your reinsurance performance, Effectv: Why Customer Lifetime Value Should Be the Auto Advertising Buzz Word for 2023, Experian, GroundfTruth and Spectrum Reach: Dealership marketing: Navigating automotive advertising in a post-pandemic world, Experian: Evolving identity beyond the who to enable the how, Experian: Three steps to adapting to constant change in automotive marketing, Haig Partners: Buy-Sell Q&A: Where the Automotive M&A Market is heading, Haig: Buy-Sell Q&A | Advisors add value to sales process, Haig: Buy-Sell Q&A | Navigating partial dealership sales, Haig: Buy-Sell Q&A: Future-proofing your dealership. His compensation also included $400,895 for personal use of aircraft and $1.3 million for security. The employee data is based on information from people who have self-reported their past or current employments at Ford Motor. Non-Executive Chairman and Co-Founder of Velocitas Partners, Executive Vice President of Product Development & Purchasing. Aydanos a proteger Glassdoor verificando que eres una persona real. Si continas recibiendo este mensaje, infrmanos del problema Sie weiterhin diese Meldung erhalten, informieren Sie uns darber bitte per E-Mail Other highly-paid executives include chief financial officer Tim Stone, who earned $8.3 million in his first year at Ford. 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. #WeAreFord 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. Ford posted adjusted EBIT for 2021 of $10 billion, roughly four times its 2020 earnings. 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 dramatic difference in 2019, Ford said, related to pension values and how the data is calculated. "Those topics can be competitively sensitive, especially in a period of industry transition.". Additional pay could include bonus, stock, commission, profit sharing or tips. Allstate: Compliance standards are changing. Please select at least one newsletter to subscribe. ISSN 1557-7686 (online), Fixed Ops Journal Former CEO Jim Hackett received the largest pandemic bonus: $1.26 million. Executive chairman Bill Ford received $16.8 million, while Joe Hinrichs (president, Automotive) was paid $11 million. NISSAN: 2022 Pathfinder and 2022 Frontier, APCO HOLDINGS: Strategies for handling new F&I dynamics. 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. Please select at least one newsletter to subscribe. Related Searches:All Executive Director Salaries|All Ford Motor Company Salaries. Get a free, personalized salary estimate based on today's job market. Heres what you need to know. Both were scheduled to be released this year. Allstate: The ABCs of maximum F&I effectiveness, Ally All Ears Podcast Episode | The next evolution in virtual F&I, Ally All Ears Podcast | How F&I is driving dealership profits, Ally All Ears Podcast | building customer loyalty during challenging times, Ally All Ears Podcast | reducing friction in the purchase process, Ally: All Ears Podcast | Building trust to attract and retain customers, Ally: All Ears Podcast | Staying competitive with vehicle acquisition, Ally: All Ears Podcast | practices you may incorporate into your F&I department, Amazon Ads: Marketing tips for electric cars and alternative-fuel auto advertisers, Big Ass Fans: Reducing risk and productivity loss with Big Ass Fans & evaporative coolers, CDK Global: Shoppers make clear the service features they want, Capgemini: Unlocking the next turn in the mobility roadmap, Capital One Auto: Auto dealers are here to stay. Lamentamos The starting base salary for this Brea, CAposition is expected to be between $200,000.00 to $250,000.00 annually. We havent detailed which ones," Ford spokesman T.R. ISSN 1557-7686 (online), Fixed Ops Journal John Lawler, who replaced Stone as CFO on Oct. 1, at $5,983,141. 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. "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.". 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. 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. enva un correo electrnico a 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. In a year ravaged by the COVID-19 pandemic . The Mustang exterior design manager took a circuitous career route to his current position, but he feels like hes right where he belongs now. 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. Join us today at www.careers.ford.com and celebrate with us! Please enable Cookies and reload the page. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. 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. 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. It's the Year of the Rabbit! 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. Get browser notifications for breaking news, live events, and exclusive reporting. Hau Thai-Tang, who was promoted from chief product development and purchasing officer tochief product platformand operations officer, at$11,780,405. 2020 CBS Broadcasting Inc. All Rights Reserved. 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. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. enviando un correo electrnico a Heres the next step in their evolution, Champ: The history of titling and the cost of human error. 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? Choose your news we will deliver. West Senior Sales Executive in California makes about $66,604 per year. Alexandra Ford English, the great-great-granddaughter of founder Henry Ford, was paid $571,701. Bill Ford at $16,046,542, down from$16.8 millionin 2019. Stone earned $6.2 million, including a salary of just more than $1 million. Help ons Glassdoor te beschermen door te verifiren of u een persoon bent. The new totals reflect the addition of Alexandra Ford English and Henry Ford III. He was 52. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. Based on our data team's research, James D. Farley Jr is the Ford Motor's CEO. (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. "Jim (Hackett) has been advising (Executive Chairman)Bill Ford and the management team on strategic issues. excuses voor het ongemak. Box 6248, Dearborn, MI 48126, U.S.A. 48207-2997, Automotive News Ci 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. 12% of the management team is Black or African American. DirectorJon Huntsman was paid the most at$3.9 million. See more newsletter options at autonews.com/newsletters. Contact Phoebe Wall Howard: 313-618-1034 or phoward@freepress.com. His compensation also included $830,305 for personal use of aircraft. 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 He earned a $1.7. 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. Ford said executives exceeded cash flow, pretax earnings and quality targets, although they achieved none of their revenue goals. 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. . Tommy covers which is better for your buck! For its 2021 fiscal year, FORD MOTOR CO, listed the following board members on its annual proxy statement to the SEC. 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. Fiat Chrysler Automobiles paid CEO Mike Manleymore than $14.4 million in total compensation in 2019. Als u dit bericht blijft zien, stuur dan een e-mail 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. Tons of great salary information on Indeed.com 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. Executive Summary. Lisa Drake. His base salary of $1.7 million was unchanged, but his stock awards more than doubled to $13.8 million. Steven Croley. Content in this story was edited after publishing. 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. Thorough reviews have been conducted to assure this data accurately reflects disclosures. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Ford Motor Co. CEO Jim Hackett in 2019 received $17.36 million in total compensation, the Dearborn automaker reported in a Friday filing with the Securities and . Car Wars: Is a Rise in Service Leading to Poor Customer Satisfaction? 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. Please help us protect Glassdoor by verifying that you're a View Top Engineering Executive Salary in Kyles Ford, TN, and get a free salary report with salary range, bonus, and benefits information. Disculpa Its just such a special thing to be part of, Chris says. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. Concentrix: How can customer data drive a better automotive CX? Meanwhile, Farley is being rewarded on strength of performance in his first full year as CEO, said Ford spokesperson Catherine Hargett. Former CFO Bob Shanks also received $8.3 million in 2019. CEO Jim Farley, who assumedthe helmon Oct. 1, earned $11,802,054 in executive compensation for the whole year. NISSAN: 2022 Pathfinder and 2022 Frontier, APCO HOLDINGS: Strategies for handling new F&I dynamics. 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? Henry Ford III, great-great-grandson of the founder, was paid $331,401. 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. 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. Average salary for Ford Motor Company Executive Director in Freeport, MI: [salary]. His $16.7 million in total compensation broke down as $1.8 million in salary, $7.9. The company's 2021 performance led to sizable bonuses, including $3.7 million for Farley and $2 million for CFO John Lawler. Please indicate whether you are a shareholder, customer, supplier or other interested party. You can unsubscribe at any time through links in these emails. Ford Motor has 186,000 employees, of which 104 are in a leadership position. Nader, of Plymouth, died on Thursday, March 2, at . 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. Michael Amend, ina new role as of March 2021,was at $12,781,136. Read more on Ford and sign up for our autos newsletter. ein Mensch und keine Maschine sind. 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 Manley earned 232 times the average FCA employee, whose total compensation was $62,259, as reported by the Detroit Free Press. Join us at www.careers.ford.com! His compensation included $187,442 for personal use of aircraft and $921,030 for security. 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. Base salary considers skills, experience and competitive market value. This report is not for commercial use. 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 automaker is also trying to figure out when to release its highly anticipated Ford Bronco and F-150. 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. 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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The national average salary for a Ford Motor employee in the United States is $66,872 per year. The data presented on this page does not represent the view of Ford Motor and its employees or that of Zippia. Lamentamos pelo inconveniente. 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. His responsibilities expanded last year. Exterior Design Manager Reflects on Passion for Mustang, Development of All-New Model. 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. The estimated total pay for a Executive Director at Ford Motor Company is $440,417 per year. Follow her on Twitter @phoebesaid. The Final Dodge Last Call Model Is Almost Here and Its Nissan Recall: More Than 800,000 Rogue, Rogue Sport Models May Have Ford Announces 2024 Mustang Pricing, With the Dark Horse Landing Just You Normally Wouldnt Call a Honda CR-V Badass, But This 800-Horsepower Refreshed 2024 Hyundai Kona Unveiled: Heres a Preview of Whats Coming. Dianne Craig. 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. Hackett's 2020 compensation totaled $16.7 million, down 3.6 percent from 2019. FORD MOTOR CO income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. That's up from $8,361,479 in 2019. General Motors has notreleased its executive compensationfor 2021. Nous sommes dsols pour la gne occasionne. GM CEO Mary Barra received a $23.6 million package in 2020. Ford's biggest individual earner last year was Hackett, who served as CEO from May 2017 to last October. an. Heres what you need to know. Farley's pay included a $1.4 million base salary, $5.1. (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. 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. Both Hau Thai-Tang, now chief industrial platform officer, andKumar Galhotra, now president of Ford Blue,fell off the list of top paid executives. $62,968 / yr. Business Analyst salaries - 93 salaries reported. Follow her on Twitter @phoebesaid. Do you want to design products people fall in love with? FORD MOTOR CO annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Coupled with an EBIT margin of 7.3 percent, it was Ford's strongest performance since 2016. para informarnos de que tienes problemas. "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.". $77,253 / yr. 1155 Gratiot Avenue 48207-2997, Automotive News The company's 2021 earnings included a $7.4 billion profit in North America. April 27, 2020 / 10:59 PM / CW50 Detroit. Farley's pay included a $1.7 million base salary, up 19 percent over 2020. 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. los inconvenientes que esto te pueda causar. Bitte helfen Sie uns, Glassdoor zu schtzen, indem Sie besttigen, dass Sie 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.

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