Salary ranges represent what Ford pays for a job within a salary grade or leadership level based General Summary Under limited supervision from a Senior Level Executive in Leadership Salary Grade M10 and above or Henry Ford Medical Group Chair, provides personal and administrative support . 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. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. The Detroit News. Haig Partners: How are dealerships being valued today? Know Your Worth. 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. Heres how they performed in the first three months of this year: Zach is the managing editor for TFLcar. Farley held multiple leadershiproles in 2020, including president of new business, technology and strategy as well aschief operating officer. Here are further demographic highlights of the leadership team: The Henry Ford Health System executive team is 44% female and 56% male. 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. The company's 2021 performance led to sizable bonuses, including $3.7 million for Farley and $2 million for CFO John Lawler. Base salary considers skills, experience and competitive market value. After growing up surrounded by Mustangs, it seemed inevitable that Chris Walter would end up working on them. More: Ford's plan to defer government loan payments a 'concerning sign', More: Ford hires global CMO from eBay amid shakeup in tech, vehicle launches. Chief Policy Officer and General Counsel. Other highly-paid executives include chief financial officer Tim Stone, who earned $8.3 million in his first year at Ford. Can someone explain levels hierarchy at Ford? . In that report, the company showed how much Ford employees made last year as well as top-earners, like CEO Jim Hackett. 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. Thelower amountin this years filingreflects whatLawler actually received. 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. 48207-2997, Automotive News Click here to submit a Letter to the Editor, and we may publish it in print. Aydanos a proteger Glassdoor y demustranos que eres una persona real. Beyond that, the company mulled partially deferring executive salaries temporarily cutting them between 20 and 50 percent over the next five months and possibly resorting to layoffs, according to a CNBC report. Si continas recibiendo este mensaje, infrmanos del problema 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. Yes, I'd like to receive email communications on editorial features, special offers, research and events and webinars from Automotive News. 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. The Times-Union compiled a list of the. Non-Executive Chairman and Co-Founder of Velocitas Partners, Executive Vice President of Product Development & Purchasing. Read more on Ford and sign up for our autos newsletter. Heres the next step in their evolution, Champ: The history of titling and the cost of human error. None of the information on this page has been provided or approved by Ford Motor. The executives achieved none of their revenue, cash flow or pretax earnings targets because of the pandemic disrupting production and sales, but they exceeded the company's quality targets. Ford disclosed the salary and pay ratio data for its executives in an annual compensation report to the U.S. Securities and Exchange Commission. 48207-2997, Automotive News Coupled with an EBIT margin of 7.3 percent, it was Ford's strongest performance since 2016. Bill Ford at $18,662,706, up from $16,046,542 in 2020. 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. Among Southeastern Michigan foundations, topping the salary list is Rip Rapson of the Kresge Foundation at $695,468. Its just such a special thing to be part of, Chris says. 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. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. Please enable Cookies and reload the page. Tommy covers which is better for your buck! If you would like to contact Fords Board of Directors please use the following address: Ford Motor Company, Customer Relationship Center, P.O. His $16.7 million in total compensation broke down as $1.8 million in salary, $7.9. In these roles, he led the delivery of Fords mainstream and high performance products from conception to launch across all regions.Thai-Tangs international experience includes assignments in Cologne, Germany and four years serving as director of Product Development for Ford South America. Ford Motor is 34% female and 66% male company-wide. 62% of the management team is White. This material may not be published, broadcast, rewritten, or redistributed. You can unsubscribe at any time through links in these emails. See more newsletter options at autonews.com/newsletters. The estimated additional pay is $243,443 . CFO Bob Shanks, who was replaced by. not enough compared to other companies., Ford put the world on wheels over a century ago, but weve always thought like a start-up. During the two-week festival, the employee resource group shared a cooking demonstration, a virtual celebration, and a Chinese language and culture course with their fellow employees. The most common ethnicity among Ford Motor executive officers is White. Allstate: Compliance standards are changing. Do you want to design products people fall in love with? Executive chairman Bill Ford received $16.8 million, while Joe Hinrichs (president, Automotive) was paid $11 million. ; 11% of Ford Motor management is Hispanic or Latino. 2020 CBS Broadcasting Inc. All Rights Reserved. $62,968 / yr. Business Analyst salaries - 93 salaries reported. Farley, Lawler and Ford each received a "pandemic response award," valued at $685,319, $181,229 and $405,000, respectively. $77,253 / yr. "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. scusiamo se questo pu causarti degli inconvenienti. 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. Heres the next step in their evolution. 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 . His compensation also included $830,305 for personal use of aircraft. The data presented on this page does not represent the view of Ford Motor and its employees or that of Zippia. 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. Onze 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. Edsel B. Ford IIwas paid $811,469. Contact Phoebe Wall Howard: 313-618-1034 or phoward@freepress.com. Follow her on Twitter @phoebesaid. 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 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. Manley earned 232 times the average FCA employee, whose total compensation was $62,259, as reported by the Detroit Free Press. an. Lisa Drake. Choose your news we will deliver. Member, Board of Directors, Ford Motor Company Alexandra Ford English Member, Board of Directors, Ford Motor Company HENRY FORD III Member, board of directors, Ford motor company William W. Helman IV Member, Board of Directors, Ford Motor Company Jon M. Huntsman, JR Vice Chair, Policy, Ford Motor Company WILLIAM E. KENNARD 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. It's the Chevy Bolt vs MINI SE by someone who actually used both for daily drivers. Michael Amend, ina new role as of March 2021,was at $12,781,136. Executive Chairman Bill Ford: $16.76 million, up from $13.83 million in 2018. For its 2021 fiscal year, FORD MOTOR CO, listed the following board members on its annual proxy statement to the SEC. In this week's "Ask Nathan," Modular EV Truck, Using Tires for Disaster Recovery, and Wrenching on Our Own Cars? 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 $17.4 million in total compensation was down slightly from $17.8 million in 2018, but he still earned 157 times the average employees median total compensation of $110,706. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Join us today at www.careers.ford.com and celebrate with us! 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. las molestias. Both Hau Thai-Tang, now chief industrial platform officer, andKumar Galhotra, now president of Ford Blue,fell off the list of top paid executives. 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. It was a year in which Ford's top executives hit just 23 percent of their business performance targets, down from 54 percent in 2019. Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. Haig: Buy-Sell Q&A: What is the value of an M&A advisor? 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. Sign up and get the best of Automotive News delivered straight to your email inbox, free of charge. Si continas viendo este mensaje, March 18, 2022 11:26 AM Michael Martinez Ford CEO Jim Farley DETROIT Ford Motor Co. CEO Jim. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. Contact Phoebe Wall Howard at 313-222-6512 or phoward@freepress.com. The estimated total pay for a Executive Director at Ford Motor Company is $440,417 per year. April 27, 2020 / 10:59 PM Aiutaci a proteggere Glassdoor dimostrando che sei una persona reale. Please help us protect Glassdoor by verifying that you're a ISSN 2576-1064 (print) 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. ISSN 1557-7686 (online), Fixed Ops Journal Take this quiz to find out, Rey and Rey: Automation and the future of automotive retail, Routeone: The benefits of robust dealership reporting tools, Siemens: The impact of vehicle electrification and connectivity on electrical system design, Spectrum Reach: Playing to win: How automotive dealers can capitalize on sports marketing, Swiss Re: Insurers and car manufacturers: how to unlock the potential of true collaboration, Text2Drive: Digital retailing meets the service department, Trimble: The future of autonomous vehicles speeds ahead, Truist: Capitalize on the changing structure of auto retailing, Truist: Prepare now for the next era of automotive retailing, Urban Science: Promoting dealer-consumer alignment across continued industry evolution, Walbridge: Video | Walbridge Chairman on how automotive companies are navigating the electrification boom, Western Digital: To Meet Consumer Demand, Automakers Must Double Down on Agile Development, Wipro: How to address safety and security for software-defined vehicles, Wipro: How todays tech decisions drive tomorrows sales, Wipro: Software Helps Address the Affordability Challenge, Wipro: The Promise of Software-Defined Vehicles and the Cloud Car Ecosystem, Wipro: Video | Wipro CTO on how OEM's are leveraging software-defined vehicle technology, Notarize: What to expect for the future of auto sales, Seagate: Unlocking value from connected-car data, Amazon Web Services: AI-powered supply chain decision-making, Epic Games: Five ways in-car designs will change in the next five years. DirectorJon Huntsman was paid the most at$3.9 million. Meanwhile, the company will double bonuses for lower-level employees, from 54% of their . He earned a $1.7. (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. Auto theft has been on the rise over the past decade, and these states have been hit particularly hard. For more information, see ourPrivacy Policy. Farley's pay included a $1.4 million base salary, $5.1 million in stock awards and nearly $4.2 million in other awards, according to the company's annual proxy statement filed Thursday. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). excuses voor het ongemak. 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. Have an opinion about this story? While Hackett did earn a substantial amount, he hasnt been the highest-earning automotive executive among the Big Three. Car Wars: Is a Rise in Service Leading to Poor Customer Satisfaction? 11% of employees are Black or African American. Heres what you need to know. The company's 2021 earnings included a $7.4 billion profit in North America. Joseph "Chef Joe" Nader Jr., executive chef and former owner of a well-known chocolatier business and a meal prep business, has died. 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. Bill Ford at $16,046,542, down from$16.8 millionin 2019. Average salary for Ford Motor Company Executive Director in Freeport, MI: [salary]. 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. 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. Farley's pay included a $1.7 million base salary, up 19 percent over 2020. Meanwhile, Farley is being rewarded on strength of performance in his first full year as CEO, said Ford spokesperson Catherine Hargett. Disculpa His$16.7millionin total compensation broke down as $1.8 million in salary,$7.9 millionin stock awards,$5.6 million in options,$828,000in incentive plan compensation,and about $524,000 in other payments. Wir entschuldigen uns fr die Umstnde. 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. That's down slightlyfrom nearly $17.4 million in 2019. 2020 CBS Broadcasting Inc. All Rights Reserved. Please select at least one newsletter to subscribe. Vice President, EV Industrialization, Ford Model e. James D. Farley, Jr. President and Chief Executive Officer. Ford Motor Company employees with the job title Senior Systems Engineer make the most with an average annual . Salaries at Ford Motor Company range from an average of $68,185 to $132,153 a year. 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? Click here to submit a Letter to the Editor, and we may publish it in print. His compensation included $187,442 for personal use of aircraft and $921,030 for security. 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. While all Big Three automakers suffered on the sales front through March 2020, one strong area was in trucks. Wenn If any of the three resort to large-scale layoffs FCA did release 2,000 contract workers in March, and all three have furloughed some employees top executives pay will likely come under intense scrutiny in early 2021. 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). For more information, see ourPrivacy Policy. FORD MOTOR CO annual reports of executive compensation and pay are most commonly found in the Def 14a documents. It's the Year of the Rabbit! NISSAN: 2022 Pathfinder and 2022 Frontier, APCO HOLDINGS: Strategies for handling new F&I dynamics. That total consists of a $1.4 million base salary, $5.1 million in stock awards, and around $4.2 million in other awards. That's up from $8,361,479 in 2019. "Those topics can be competitively sensitive, especially in a period of industry transition.". Some related job titles areChief Operating Officer salaries with median pay of $354,128,Senior Director salaries with median pay of $326,769,Vice President salaries with median pay of $321,609,CEO salaries with median pay of $377,206. Hackett was, by a wide margin, Fords largest individual earner in 2019. John Lawler, who replaced Stone as CFO on Oct. 1, at $5,983,141. FORD MOTOR CO income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Heres the next step in their evolution, Champ: The history of titling and the cost of human error. Dianne Craig. Your input helps Glassdoor refine our pay estimates over time. Former CEO Jim Hackett received the largest pandemic bonus: $1.26 million. FORD MOTOR CO annual reports of executive compensation and pay are most commonly found in the Def 14a documents. envie um e-mail para "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. 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's biggest individual earner last year was Hackett, who served as CEO from May 2017 tolastOctober. You can unsubscribe at any time through links in these emails. ISSN 0005-1551 (print) With the people of Ford around the world, our leadership is committed to serving all of our stakeholder groups. More: Bill Ford's controversial viewpoint has changed Detroit automaker. ein Mensch und keine Maschine sind. Hackett's 2020 compensation totaled $16.7 million, down 3.6 percent from 2019. 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 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. 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. Based on our data team's research, James D. Farley Jr is the Ford Motor's CEO. Hau Thai-Tang, who was promoted from chief product development and purchasing officer tochief product platformand operations officer, at$11,780,405. And also salary ranges/ benefits for those levels?Current TC: 95k Would you like to work at a company with active employee resource groups and opportunities to learn about and enjoy a variety of cultures? Ford's biggest individual earner last year was Hackett, who served as CEO from May 2017 to last October. The automaker's compensation committee said it calculated Lawler's bonus on a different scale than his colleagues because of his "exceptional performance" in 2021. We are sorry for the inconvenience. Ajude-nos a manter o Glassdoor seguro confirmando que voc uma pessoa de Ford listed Hackett's retirement from the company as March 31, 2021, in its U.S. Securities and Exchange Commission filings. Additional pay could include bonus, stock, commission, profit sharing or tips. 12% of the management team is Black or African American. Detroit, Michigan Henry Ford III, great-great-grandson of the founder, was paid $331,401. "His CEO compensation is 90% performance based and is in line with his industry peers.". Big stock awards and performance gave Ford CEO Jim Farley a major boost in his 2021 payout. Read more on Ford and sign up for our autos newsletter. View Comments. Galhotra made $8.5 million in 2020, including an $865,000 salary. Steven Croley. 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. "Mr. Thai-Tang sets a high standard of leadership behavior and was invaluable in supporting the CEO transition and internal reorganizations under his team," the company said. Have an opinion about this story? para nos informar sobre o problema. Responses will be sent to those that include a return address, as appropriate. "The Ford Compensation Committee changed its name to the Compensation, Talent and Culture Committee to reflect its responsibilities related to significant people-related strategies to enhance oversight of human capital management," the filing said. John Lawler, who succeeded Tim Stone as CFO in October, made nearly $6 million. Ford executives hit 135 percent of their business performance targets in 2021 compared with just 23 percent the previous year, at the beginning of the coronavirus pandemic. 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.