ISSN 2576-1064 (print) Executive Chair Bill Ford's total compensation rose about 16 percent to $18.6 million. The Ford statement filed with federal regulators also noted that the recommended 14-member board of directors would result in four women and two members who identify as being part of minority groups. Heres what you need to know. FORD MOTOR CO Executive Salaries & Other Compensation - Salary.com ", 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'. The Detroit News. The changes would apply to Galhotra, CEO Jim Farley, Executive Chair Bill Ford Jr. and other senior leaders. Hau Thai-Tang, chief product platform and operations officer, made $11.8 million, including a $1.2 million salary. Contact Phoebe Wall Howard at 313-222-6512 or phoward@freepress.com. This report is not for commercial use. Heres the next step in their evolution, Champ: The history of titling and the cost of human error. 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. 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. More: Ford's Jim Hackett kept $16.7M pay package in 2020 despite stepping down. Lawler's total compensation in 2021 jumped about 60 percent to $9.4 million. CEO Jim Hackett was Ford's top earner, taking home $17.4 million in 2019, according to recent SEC disclosures. Hau Thai-Tang is executive vice president of Product Development and Purchasing, Ford Motor Company, effective June 1, 2017. an. . The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. The starting base salary for this Brea, CAposition is expected to be between $200,000.00 to $250,000.00 annually. "He did an exceptional job in his role as chief financial officer in 2021 despite very significant financial headwinds caused by the continuing effects of the COVID-19 pandemic and global supply chain issues, which significantly impacted our vehicle volume production," the board committee wrote. Base salary is twice-monthly pay that is determined on a competitive basis and adjusted according to performance, job scope and responsibility, and position-in-range. 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). Ford shores up cash as COVID-19 strangles economy - Detroit Free Press Salaries at Ford Motor Company range from an average of $68,185 to $132,153 a year. The Mustang exterior design manager took a circuitous career route to his current position, but he feels like hes right where he belongs now. Ford reported Farley's CEOpay as$12,491,540 when annualized, or202 times more than the median compensation for all its employees, excluding the CEO. DETROIT Jim Farley's total compensation from Ford Motor Co. jumped 41 percent to $11.8 million in 2020, when he took over as CEO. The estimated additional pay is $244,268 per year. Tons of great salary information on Indeed.com 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. His compensation also included $400,895 for personal use of aircraft and $1.3 million for security. "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.". 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. West Senior Sales Executive in California makes about $66,604 per year. Working At Ford Motor: Employee Reviews And Culture - Zippia People | Ford Media Center Ford disclosed the salary and pay ratio data for its executives in an annual compensation report to the U.S. Securities and Exchange Commission. While Hackett did earn a substantial amount, he hasnt been the highest-earning automotive executive among the Big Three. Executive Chairman Bill Ford: $16.76 million, up from $13.83 million in 2018. Meanwhile, Farley is being rewarded on strength of performance in his first full year as CEO, said Ford spokesperson Catherine Hargett. Levels at Ford? - Blind His responsibilities expanded last year. Alpha One Ford Executive Assistant in the United States makes about $51,689 per year. 2020's top-paid employees of Jacksonville's public agencies 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. Michael Amend, ina new role as of March 2021,was at $12,781,136. Hackett was, by a wide margin, Fords largest individual earner in 2019. CEO Jim Farley, who assumedthe helmon Oct. 1, earned $11,802,054 in executive compensation for the whole year. 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. Farley's included$318,864 for personal use of aircraft. Ford's Top Executives Partially Defer Their Salaries, After Earning Read more on Ford and sign up for our autos newsletter. FORD MOTOR CO income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Would you like to work at a company with active employee resource groups and opportunities to learn about and enjoy a variety of cultures? ein Mensch und keine Maschine sind. 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. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. #WeAreFord #FordChinese Association 2022 TFLcar.com - Road Chaser, Inc. All rights reserved. Ford Motor is 34% female and 66% male company-wide. For its 2021 fiscal year, FORD MOTOR CO, listed the following board members on its annual proxy statement to the SEC. Henry Ford Health hiring Executive Assistant - 40hrs/wk - Days -Detroit Ford Motor Co. requires its CEO and executive chair to use private aircraft in an attempt to maximize their work time and provide additional safety, according to the federal filing. Henry Ford III, great-great-grandson of the founder, was paid $331,401. 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. 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. People | Ford Media Center 11% of the management team is Hispanic or Latino. Auto theft has been on the rise over the past decade, and these states have been hit particularly hard. Contact Phoebe Wall Howard: 313-618-1034 or phoward@freepress.com. DirectorJon Huntsman was paid the most at$3.9 million. "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. 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. If you continue to see this message, contactez-nous l'adresse With the people of Ford around the world, our leadership is committed to serving all of our stakeholder groups. enviando un correo electrnico a 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. His compensation included $187,442 for personal use of aircraft and $921,030 for security. More: Ford doubles annual bonuses amid worker fury over controversial formula, More: Ford's plan to funnel $3B from gas vehicles to fund electric, tech, More: Ford settles lawsuit alleging automaker targeted high-performing older workers. Lawler wasCEO of Ford Autonomous Vehicles and vice president of mobility partnerships. 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. Global Modern Slavery Statement (view PDF). (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. Coronavirus Tips Working and Protection, For its 2010 fiscal year, FORD MOTOR CO, listed the following executives on its annual proxy statement to the SEC. Big Compensation Packages for Some Big Detroit Area Nonprofits 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. Concentrix: How can customer data drive a better automotive CX? excuses voor het ongemak. 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 . Related Searches:All Executive Director Salaries|All Ford Motor Company Salaries. Hau Thai-Tang, who was promoted from chief product development and purchasing officer tochief product platformand operations officer, at$11,780,405. White is the most common ethnicity company-wide. Ford Motor Company Executive Director Salaries | Glassdoor Have an opinion about this story? "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. Joseph "Chef Joe" Nader Jr., executive chef and former owner of a well-known chocolatier business and a meal prep business, has died. The new totals reflect the addition of Alexandra Ford English and Henry Ford III. Ford Motor Company Executive Director Salaries in Freeport, MI