Abbott Laboratories Management
Management criteria checks 3/4
Abbott Laboratories' CEO is Robert Ford, appointed in Oct 2018, has a tenure of 6.17 years. total yearly compensation is $23.27M, comprised of 6.4% salary and 93.6% bonuses, including company stock and options. directly owns 0.024% of the company’s shares, worth €45.00M. The average tenure of the management team and the board of directors is 5.6 years and 5.9 years respectively.
Key information
Robert Ford
Chief executive officer
US$23.3m
Total compensation
| CEO salary percentage | 6.4% |
| CEO tenure | 6.2yrs |
| CEO ownership | 0.02% |
| Management average tenure | 5.6yrs |
| Board average tenure | 5.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$6b |
| Jun 30 2024 | n/a | n/a | US$6b |
| Mar 31 2024 | n/a | n/a | US$6b |
| Dec 31 2023 | US$23m | US$2m | US$6b |
| Sep 30 2023 | n/a | n/a | US$5b |
| Jun 30 2023 | n/a | n/a | US$5b |
| Mar 31 2023 | n/a | n/a | US$6b |
| Dec 31 2022 | US$22m | US$2m | US$7b |
| Sep 30 2022 | n/a | n/a | US$8b |
| Jun 30 2022 | n/a | n/a | US$9b |
| Mar 31 2022 | n/a | n/a | US$8b |
| Dec 31 2021 | US$25m | US$1m | US$7b |
| Sep 30 2021 | n/a | n/a | US$7b |
| Jun 30 2021 | n/a | n/a | US$6b |
| Mar 31 2021 | n/a | n/a | US$6b |
| Dec 31 2020 | US$20m | US$1m | US$4b |
| Sep 30 2020 | n/a | n/a | US$3b |
| Jun 30 2020 | n/a | n/a | US$3b |
| Mar 31 2020 | n/a | n/a | US$4b |
| Dec 31 2019 | US$12m | US$1m | US$4b |
| Sep 30 2019 | n/a | n/a | US$3b |
| Jun 30 2019 | n/a | n/a | US$3b |
| Mar 31 2019 | n/a | n/a | US$3b |
| Dec 31 2018 | US$8m | US$784k | US$2b |
| Sep 30 2018 | n/a | n/a | US$802m |
| Jun 30 2018 | n/a | n/a | US$812m |
| Mar 31 2018 | n/a | n/a | US$365m |
| Dec 31 2017 | US$5m | US$675k | US$344m |
Compensation vs Market: Robert's total compensation ($USD23.27M) is above average for companies of similar size in the German market ($USD4.83M).
Compensation vs Earnings: Robert's compensation has been consistent with company performance over the past year.
CEO
Robert Ford (50 yo)
6.2yrs
Tenure
US$23,268,171
Compensation
Mr. Robert B. Ford has been the Chief Executive Officer of Abbott Laboratories since March 31, 2020 and also serves as its Chairman of the Board since December 10, 2021. He has been President at Abbott Lab...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board | 6.2yrs | US$23.27m | 0.024% € 45.0m | |
| CFO & Executive VP of Finance | 1.3yrs | US$3.32m | 0.0023% € 4.2m | |
| Executive VP | 11.9yrs | US$7.42m | 0.011% € 19.9m | |
| Executive VP and Group President of Established Pharmaceuticals & Nutritional Products | 10.3yrs | US$5.93m | 0.0073% € 13.6m | |
| Executive VP & Group President of Medical Devices | 5.9yrs | US$5.50m | 0.0035% € 6.6m | |
| Senior VP of Business & Technology Services and Chief Information Officer | less than a year | no data | no data | |
| Vice President of Investor Relations. | no data | no data | no data | |
| VP and Chief Ethics & Compliance Officer | no data | no data | no data | |
| Executive Vice President of Human Resources | 5.3yrs | no data | 0.0059% € 11.1m | |
| Senior Vice President of Global Marketing & External Affairs | less than a year | no data | no data | |
| Executive Vice President of Nutritional Products | 7.9yrs | no data | no data | |
| Senior Vice President of Licensing | 1.4yrs | no data | no data |
5.6yrs
Average Tenure
52yo
Average Age
Experienced Management: ABL's management team is seasoned and experienced (5.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board | 5.1yrs | US$23.27m | 0.024% € 45.0m | |
| Independent Director | 7.8yrs | US$349.29k | 0.39% € 723.3m | |
| Independent Director | 7.9yrs | US$341.96k | 0.00020% € 373.9k | |
| Lead Independent Director | 13yrs | US$405.96k | 0.00027% € 504.8k | |
| Independent Director | 3.7yrs | US$337.96k | 0% € 0 | |
| Independent Director | 16.2yrs | US$441.44k | 0% € 0 | |
| Independent Director | 1.7yrs | US$283.96k | 0% € 0 | |
| Independent Director | 6.5yrs | US$331.96k | 0.00018% € 336.5k | |
| Independent Director | 13yrs | US$362.60k | 0.00015% € 280.4k | |
| Independent Director | 2.3yrs | US$354.96k | 0% € 0 | |
| Independent Director | 5.3yrs | US$331.19k | 0% € 0 | |
| Independent Director | 3.3yrs | US$356.96k | 0% € 0 |
5.9yrs
Average Tenure
62yo
Average Age
Experienced Board: ABL's board of directors are considered experienced (5.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 21:53 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Abbott Laboratories is covered by 61 analysts. 25 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Toung | Argus Research Company |
| Stephan Gasteyger | Atlantic Equities LLP |
| Ishan Majumdar | Baptista Research |