$121,049 / yr. Ford College Graduate salaries - 97 salaries reported. Detroit, Michigan Non-Executive Chairman and Co-Founder of Velocitas Partners, Executive Vice President of Product Development & Purchasing. Ford Motor has 186,000 employees, of which 104 are in a leadership position. "Throughout 2020, he provided steady leadership while overseeing new product launches and the launch of the company's 'Built for America' and 'Built to Lend a Hand' campaigns using virtual platforms," the company said of awarding Galhotra an incremental bonus. FORD MOTOR CO Executive Salaries & Other Compensation - Salary.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. $62,968 / yr. Business Analyst salaries - 93 salaries reported. Executive Summary. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. Si continas viendo este mensaje, PDF 2022 New Hire Benefits Summary - Ford Corporate March 18, 2022 11:26 AM Michael Martinez Ford CEO Jim Farley DETROIT Ford Motor Co. CEO Jim. 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. 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[Photo: Ford] Ford disclosed the salary and pay ratio data for its executives in an . Both Hau Thai-Tang, now chief industrial platform officer, andKumar Galhotra, now president of Ford Blue,fell off the list of top paid executives. For more information, see ourPrivacy Policy. This report is not for commercial use. 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. Detroit, Michigan 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. Si vous continuez voir ce His compensation included $187,442 for personal use of aircraft and $921,030 for security. 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. scusiamo se questo pu causarti degli inconvenienti. 2023 CBS Broadcasting Inc. All Rights Reserved. He earned a $1.7. Please help us protect Glassdoor by verifying that you're a to let us know you're having trouble. Additional pay could include bonus, stock, commission, profit sharing or tips. Alpha One Ford Executive Assistant in the United States makes about $51,689 per year. Car Wars: Is a Rise in Service Leading to Poor Customer Satisfaction? Lamentamos Would you like to work at a company with active employee resource groups and opportunities to learn about and enjoy a variety of cultures? For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. We are sorry for the inconvenience. 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. Ford said executives exceeded cash flow, pretax earnings and quality targets, although they achieved none of their revenue goals. Vice President, EV Industrialization, Ford Model e. James D. Farley, Jr. President and Chief Executive Officer. Ford Motor may also be known as or be related to Ford Motor, FORD MOTOR CO, Ford Credit and Ford Motor Company. Its just such a special thing to be part of, Chris says. The automaker is also trying to figure out when to release its highly anticipated Ford Bronco and F-150. CFO Bob Shanks, who was replaced by. 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. Your input helps Glassdoor refine our pay estimates over time. ISSN 1557-7686 (online), Fixed Ops Journal The most common ethnicity among Ford Motor executive officers is White. Chief Advanced Product Development and Technology Officer. April 27, 2020 / 10:59 PM GMs Mary Barra earned $21.87 million in 2018. General Motors CEO Mary Barraearned$21.6million in total compensation in 2019. Sales Executive - Hinderliter de Llamas & Associates 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. 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. Sie weiterhin diese Meldung erhalten, informieren Sie uns darber bitte per E-Mail 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. Reid emailedthe Free Press in March. Among Southeastern Michigan foundations, topping the salary list is Rip Rapson of the Kresge Foundation at $695,468. Heres what you need to know. John Lawler, who replaced Stone as CFO on Oct. 1, at $5,983,141. The ratio of the CEO's total compensation to the medianof all employees' total compensation is 356 to 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. naar Michael Amend, ina new role as of March 2021,was at $12,781,136. After growing up surrounded by Mustangs, it seemed inevitable that Chris Walter would end up working on them. While Hackett did earn a substantial amount, he hasnt been the highest-earning automotive executive among the Big Three. Join us at www.careers.ford.com! Henry Ford Health System Leadership: Executives and Demographics - Zippia DirectorJon Huntsman was paid the most at$3.9 million. $77,253 / yr. His responsibilities expanded last year. Allstate: Compliance standards are changing. message, contactez-nous l'adresse 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. Haig Partners: How are dealerships being valued today? 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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. GM CEO Mary Barra received a $23.6 million package in 2020. 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. The automaker is also trying to. Lamentamos pelo inconveniente. Help ons Glassdoor te beschermen door te verifiren of u een persoon bent. 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. Hackett's 2020 compensation totaled $16.7 million, down 3.6 percent from 2019. Dianne Craig. Jim Farley promises 'Detroit swagger' will carry Ford from Model T to Mach-E. president of new business, technology and strategy, Bill Ford's controversial viewpoint has changed Detroit automaker, Ford makes come-from-behind push with Mach-E as industry enters new era, Ford CEO Jim Farley is doing important work at TCF Center and few know it, Ford's plan to defer government loan payments a 'concerning sign', Ford hires global CMO from eBay amid shakeup in tech, vehicle launches, Bill Ford describes his future, role of daughter as first female Ford family member on board, Despite COVID-19 and scandal, UAW income and strike fund grow with steady membership, Ford puts 4 properties on the selling block, 35 sites under review in Dearborn area, Michigan Central Station on track for 2022 finish: 'This is a Phoenix rising', Your California Privacy Rights/Privacy Policy. The company's 2021 earnings included a $7.4 billion profit in North America. Heres what you need to know. Ford's biggest individual earner last year was Hackett, who served as CEO from May 2017 tolastOctober. Haig: Buy-Sell Q&A: What is the value of an M&A advisor? 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. enva un correo electrnico a Indeed.com estimated this salary based on data from 1 employees, users and past and present job ads. NISSAN: 2022 Pathfinder and 2022 Frontier, APCO HOLDINGS: Strategies for handling new F&I dynamics. For more information, see ourPrivacy Policy. Tons of great salary information on Indeed.com 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. Follow her on Twitter @phoebesaid. Hackett was, by a wide margin, Fords largest individual earner in 2019. 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 In addition to Farley, Ford also disclosed its top executive pay in 2021: Payments to Amend and Field reflect signing bonuses, with $800,000 for Amend and $500,000 for Field, the federal filing said Friday. He has held a lifelong passion for cars, with a particular interest in hot hatchbacks and off-road rigs. West Senior Sales Executive in California makes about $66,604 per year. 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. Bill Ford at $18,662,706, up from $16,046,542 in 2020. 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. In this week's "Ask Nathan," Modular EV Truck, Using Tires for Disaster Recovery, and Wrenching on Our Own Cars? Stellantis CEO Carlos Tavares made $21M in 2021. His compensation also included $400,895 for personal use of aircraft and $1.3 million for security. verdade. At time of writing, Fords production facilities are shut down for manufacturing vehicles. . Heres the next step in their evolution. 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. General Motors has notreleased its executive compensationfor 2021. los inconvenientes que esto te pueda causar. Please select at least one newsletter to subscribe. enviando un correo electrnico a Former CEO Jim Hackett received the largest pandemic bonus: $1.26 million. The employee data is based on information from people who have self-reported their past or current employments at Ford Motor. Steven Croley. In 2021, Ford compensated its 15-member board of directorsin cash, stock and other benefits for a total value of $9,147,002. Know Your Worth. 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 Detroit Free Press broke down the numbers in that report figures which should be a point of sharp focus as Ford, among the other Big Three automakers, navigate the ongoing COVID-19 crisis. Have an opinion about this story? Caso continue recebendo esta mensagem, ISSN 2576-1064 (print) "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 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). Executive Compensation at Henry Ford Health System Levels at Ford? - Blind Both were scheduled to be released this year. Our Leadership - Ford Corporate Please enable Cookies and reload the page. The Mustang exterior design manager took a circuitous career route to his current position, but he feels like hes right where he belongs now. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. 48207-2997, Automotive News Wenn 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. Exterior Design Manager Reflects on Passion for Mustang, Development of All-New Model. Joseph "Chef Joe" Nader Jr., executive chef and former owner of a well-known chocolatier business and a meal prep business, has died. Nader, of Plymouth, died on Thursday, March 2, at . President, Lincoln. CHIEF EXECUTIVE OFFICER, FORD MOTOR COMPANY, Member, Board of Directors, Ford Motor Company, Member, board of directors, Ford motor company, MEMBER, BOARD OF DIRECTORS, FORD MOTOR COMPANY, Member, Board of Directors, Ford Motor Company(Lead Independent Director). ; 11% of Ford Motor management is Hispanic or Latino. 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. Based on our data team's research, James D. Farley Jr is the Ford Motor's CEO. 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