How Much Money Does The CEO Of Ford Make?

What is the salary of the CEO of Ford Motor Company?

(Reuters) – Ford Motor Co F.N said on Friday Chief Executive Officer Jim Hackett’s total compensation fell to $17.4 million in 2019 from $17.8 million in 2018.

Executive Chairman William Ford received a total salary of $16.8 million in 2019, up from $13.8 million in 2018..

What is Jim Hackett salary?

DETROIT (Reuters) – Ford Motor Co Chief Executive Officer Jim Hackett earned salary, bonus and stock awards of $17.1 million in 2018, up from $16.3 million the previous year, while adjusted pretax profit for the automaker dropped $2.6 billion from 2017, the company said on Friday.

Who is Ford owned by?

Ford Motor Company is not owned by another corporation; instead, it is only owned by shareholders. Since the shareholders are collectively the owners of the company, those with more shares technically own more of Ford Motor Co.

Who can fire a CEO?

If a CEO is a part-owner of a corporation, the board of directors can demand that she meet certain job expectations, and if the CEO fails to do so, the board of directors can vote to fire her. Also, a CEO who isn’t an owner can decide to terminate the founder of a company if the board of directors agrees.

Why CEOs are paid so much?

So why are CEOs paid that much anyway? Mainly because many of the board directors believe that they are one out of a tiny pool of people who can actually lead their company. At least, that’s what Donatiello and his colleagues found when they surveyed directors serving on the boards of the largest 250 U.S. companies.

Does the Ford family still own Ford?

The Ford Family only partially owns the Ford Company. … William Ford Jr., a great-grandson of Henry Ford, founder of the Ford company, is the highest shareholder in the company. The Ford family also owns 70 million of the Class B shares, a set of shares that give them 40% voting power over the board of directors.

Who owns the most Ford stock?

Top 10 Owners of Ford Motor CoStockholderStakeShares ownedThe Vanguard Group, Inc.7.00%273,469,943BlackRock Fund Advisors5.04%196,883,822Newport Trust Co.4.78%186,634,958SSgA Funds Management, Inc.4.54%177,329,3146 more rows

Does China own Ford?

Changan Ford Automobile Corporation, Ltd. is a 50-50 Chinese joint venture between Ford Motor Company and China’s state-owned Chongqing Changan Automobile Company, Ltd., one of China’s four biggest auto manufacturers. The company produces and distributes Ford-branded vehicles in China.

How much does BMW CEO make a year?

The average BMW Group executive compensation is $236,686 a year. The median estimated compensation for executives at BMW Group including base salary and bonus is $234,882, or $112 per hour. At BMW Group, the most compensated executive makes $700,000, annually, and the lowest compensated makes $50,000.

How Much Would Henry Ford be worth today?

Henry FordNet Worth:$200 BillionDate of Birth:1863-07-30Gender:MaleHeight:5 ft 10 in (1.78 m)Profession:Industrialist, Entrepreneur, Businessperson, Engineer, Inventor, Business magnate1 more row

Who is the highest paid CEO?

Elon MuskBy contrast, the top-paid bank CEO was Wells Fargo & Co.’s Charlie Scharf, whose 2019 package was worth $55.2 million by the end of the year, according to the index….Highest Paid CEOs and Executives in 2019.Rank1NameElon MuskCEOCompanyTesla Inc.Total595,266,817Breakdown$595.3M9 more columns•Jul 10, 2020

Who is CEO of Ford Motor Company?

Jim Farley (Oct 1, 2020–)Ford Motor Company/CEO4, 2020 – Ford Motor Company today announced that Jim Hackett, who has led the company’s transformation since 2017, plans to retire from the company. Jim Farley has been named the company’s new president and CEO and will join the board of directors, effective Oct. 1.

What job makes the most money?

Here are the top 25 best-paying jobs of 2020, according to U.S. News & World Report.Lawyer.Sales manager. … Business operations manager. … Pharmacist. … Financial advisor. … Optometrist. Mean salary: $119,980 per year. … Actuary. Mean salary: $116,250 per year. … Political scientist. Mean salary: $115,300 per year. … More items…•

Does Ford own Hyundai?

Ford Motor Company: Ford, Lincoln, Troller. General Motors: Cadillac, GMC, Chevrolet, Holden. Renault-Nissan-Mitsubishi Alliance: Renault, Nissan, Infiniti, Dacia, Datsun, Samsung Renault, Lada, Mitsubishi. Hyundai Motor Group: Hyundai, KIA.

When did Hackett become Ford CEO?

James Hackett (businessman)Jim HackettEmployerPresident and CEO of Ford Motor CompanyTitlePresident and CEOTermMay 22, 2017 – Sep 30, 2020PredecessorMark Fields6 more rows

Who is the richest Ford?

William Clay Ford Sr.William Clay Ford Sr.Net worthUS$1.4 billion (2014)Spouse(s)Martha Firestone Ford ​ ​ ( m. 1947)​ChildrenMartha Sheila William Jr. ElizabethParent(s)Edsel Ford Eleanor Lowthian Clay7 more rows