[9][10] Ford said he considers Abbott's BinaxNOW test to be a model, setting a trend for rapid point-of-care testing after the coronavirus pandemic for ailments such as influenza, sexually transmitted diseases, and hepatitis. 89. . Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. Over the last 23 years, insiders at Abbott Laboratories have traded over $365,964,884 worth of Abbott Laboratories stock and bought 1,028,477 units worth $44,923,618 She is known for her roles as Corky Sherwood on the CBS sitcom Murphy Brown, for which she received five Primetime Emmy Award nominations, [1] and as Hope Shanowski on the ABC sitcom Hope & Faith . Of this total $1,482,692 was received as a salary, $3,168,400 was received as a bonus, $8,689,978 was received in stock options, $8,689,294 was awarded as stock and $129,179 came from other types of compensation. Over the last 23 years, insiders at Abbott Laboratories have traded over $365,964,884 worth of Abbott Laboratories stock and bought 1,028,477 units worth $44,923,618 The information shown here is a reporting of information included in the company's proxy statement. Links which take you out of Abbott worldwide websites are not under the control of Abbott, and Abbott is not responsible for the contents of any such site or any further links from such site. The most active insiders traders include Miles D White, Richard A Gonzalez, and Jeffrey M Leiden. The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. Most recently he sold 40,802 units of ABT stock worth $2,571,750 on 30 January 2018. . Previously, he served as President and Chief Operating Officer, with responsibility for all of the company's operating businesses; and Executive Vice President, Medical Devices, leading our Diabetes Care, Cardiovascular and Neuromodulation businesses. Mr. Ford owns 142,071 shares of Abbott Laboratories stock worth more than $14,272,453 as of February 25th. The website you have requested also may not be optimized for your specific screen size. Robert B. Ford is an American businessman and the thirteenth chief executive officer at Abbott Laboratories, a publicly-traded medical devices and health care company based in Abbott Park, Illinois. Its portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Over the last 23 years, insiders at Abbott Laboratories have traded over $365,964,884 worth of Abbott Laboratories stock and bought 1,028,477 units worth $44,923,618 The U.S. invoked the Defense Production Act to jumpstart domestic mining and production of critical minerals such as cobalt, lithium, and rare earths, which the U.S. desperately needs for its military and green tech. Other transactions such as conversion of derivative security or exercise of options are not included. Abbott recalled some of its formulasnotably its Similac line. The estimated net worth of Robert B. Ford is at least $14.45 million as of August 25th, 2022. The rest of his pay was made up of more than $17 million in stock options and stock awards, about $3.16 million in cash bonuses and $2.7 million in pension earnings. Putin's invasion of Ukraine has revealed the West's dependence on Russia for their energy needs. Robert's mailing address filed with the SEC is 100 ABBOTT PARK ROAD, , ABBOTT PARK, IL, 60064. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. Abbott Laboratories leveled up on this year's Fortune 500 list, leaping from last year's rank of 104 to No. Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. Abbott named current COO Robert Ford its new CEO Wednesday, ushering in the first new chief executive in 21 years. There are 1 executives at Abbott Laboratories getting paid more, with MilesWhite having the highest compensation of $27,802,800. Mr. Ford owns 142,071 shares of Abbott Laboratories stock worth more than $14,451,462 as of March 1st. Insiders at Abbott Laboratories own 0.5% of the company. Last updated: 22 February 2023 at 6:54pm EST. Chart Data in Insider Trading History Table. The most recent insider tranaction occured on February, 22nd when SVP Julie L Tyler sold 260 shares worth more than $26,842.40. Owen is the father of three children two sons and a daughter. Last updated: 1 February 2023 at 11:00am EST. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. a net The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. Its portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. Last updated: 22 February 2023 at 6:54pm EST. Robert B. Ford serves as President, Chief Executive Officer, Director of the Company. Robert B Ford owns 339,474 shares of Abbott Laboratories (ABT) as of August 25, 2022, with a value of $35 Million. and The information on this site is in no way guaranteed for completeness, accuracy or in any other way. Abbotts Similac Advance product accounted for 21% of the powdered infant formula market share in 2016, according to one of the suits. sale Robert's mailing address filed with the SEC is 100 ABBOTT PARK ROAD, , ABBOTT PARK, IL, 60064. Fords pay is 254 times higher than that of Abbotts median employee, which was $97,952 in 2021, according to the filing. There are 6 executives at Abbott Laboratories getting paid more, with MilesWhite having the highest compensation of $27,802,800. He received nearly $16 million during his last year with Abbott, the filing shows. Abbott Laboratories executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. Over the last 23 years, insiders at Abbott Laboratories have traded over $365,964,884 worth of Abbott Laboratories stock and bought 1,028,477 units worth $44,923,618 As Chairman of the Board and Chief Executive Officer at ABBOTT LABORATORIES, Robert B. Ford made $22,159,543 in total compensation. He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. SENIOR VICE PRESIDENT Christopher J. The FDA says two deaths have so far been linked to contaminated Abbott formula. "Abbott Labs veteran CEO White to step down next March", "Longtime Abbott Labs CEO Miles White to Step Down in March", "Medtech Giant Elects New CEO As 21-Year Veteran Steps Down", "Abbott CEO Miles White to step down in March", "Robert Ford named president, COO of Abbott", "Abbott beats revenue projections as sales outperform previous year", "Abbott CEO Miles D White To Step Down In 2020, Robert B Ford To Take Over", "Incoming Abbott CEO says not looking to do any deals", "Abbott Profits Rise As Covid-19 Diagnostic Sales Eclipse 400 Million Tests", "Abbott Went All In on Covid Tests, And It's Just Getting Started", "CEO of the Week: Abbott Laboratories CEO Robert B. Ford", "Abbott's Miles White retires as executive chairperson", https://en.wikipedia.org/w/index.php?title=Robert_B._Ford&oldid=1136426046, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 30 January 2023, at 07:14. Click here to see the complete history of Robert B Fords form 4 insider trades. He joined Abbott's Diagnostics division in 1996 as a Business Unit Manager in Diabetes Care. Oct 05, 2021, 11:00 ET. Last updated: 22 February 2023 at 6:54pm EST. Unless otherwise specified, all product and service names appearing in this Internet site are trademarks owned by or licensed to Abbott, its subsidiaries or affiliates. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. and Coronavirus Tips Working and Protection. The Medical Devices segment includes electrophysiology, heart failure, vascular and structural heart devices for the treatment of cardiovascular diseases, and diabetes care products for people with diabetes, as well as neuromodulation devices for the management of chronic pain and movement disorders. Abbott Laboratories (ABT) On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. Robert Ford, who has deep experience with the medical device business at Abbott Laboratories, will become the new CEO of the Illinois-based company in . The estimated Net Worth of Robert B Ford is at least $39.1 Million dollars as of 25 August 2022. Mr. Ford earned a bachelor's degree from Boston College and a master's degree in business administration from UC Berkeley, Haas School of Business. Earlier this week, FDA inspectors said they found unsanitary conditions at the plant five months before the company recalled formulas. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. The largest trade he's ever made was exercising 102,425 units of Abbott Laboratories stock on 25 August 2022 worth over $4,121,582. Mr. Ford owns over 102,425 units of Abbott Laboratories stock worth over $25,112,184 and over the last 9 years he sold ABT stock worth over $2,638,762. Staying current is easy with Crain's news delivered straight to your inbox, free of charge. The most recent stock trade was executed by Julie L. Tyler on 17 February 2023, trading 260 units of ABT stock currently worth $26,842. But America hasn't produced any graphite since the 1950s. . The most recent stock trade was executed by Julie L. Tyler on 17 February 2023, trading 260 units of ABT stock currently worth $26,842. of He joined Abbott's Diagnostics division in 1996 as a Business Unit Manager in Diabetes Care. He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. Robert Ford Net Worth The estimated Net Worth of Robert B Ford is at least Abbott Laboratories stock worth over $26,723,413 and over . 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