Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. Robert B. Ford is on the board of California Biomedical Innovation Alliance and President, CEO, Chief Operating Officer & Director at Abbott Laboratories and Executive Vice President-Medical Devices at Abbott Diabetes Care, Inc. Mr. Ford previously occupied the position of Manager-Diagnostics Business Unit at Abbott Laboratrios do Brasil Ltda. Abbott manufactures and markets medical devices, adult and pediatric nutritional products, diagnostic equipment and testing kits, and branded generic drugs. Of this total $1,482,692 was received as a salary, $3,168,400 was received as a bonus, $8,689,978 was received in stock options, $8,689,294 was awarded as stock and $129,179 came from other types of compensation. But America hasn't produced any graphite since the 1950s. stock. Past performance is a poor indicator of future performance. RANK89. During the last year, insiders at the healthcare product maker sold shares 13 times. . He subsequently held various positions of increasing responsibility for Abbott's Diagnostics, Nutrition and Diabetes Care businesses. The Diagnostic Products segment markets diagnostic systems and tests for blood banks, hospitals, commercial laboratories, and alternate-care testing sites. The most recent stock trade was executed by Julie L. Tyler on 17 February 2023, trading 260 units of ABT stock currently worth $26,842. ARLINGTON, Va., Oct. 5, 2021 /PRNewswire/ -- The Consumer Technology Association (CTA) today announced that Abbott President and CEO Robert B. Ford will deliver a . Abbott Laboratories executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens. Learn More about Robert B. Ford's net worth. ( m. 1998) . Robert B. Ford serves as President, Chief Executive Officer, Director of the Company. The most recent insider tranaction occured on February, 22nd when SVP Julie L Tyler sold 260 shares worth more than $26,842.40. You may also find the annual proxy statement by going directly to the company's website. He joined Abbott's Diagnostics division in 1996 as a Business Unit Manager in Diabetes Care. Learn More about insider trades at Abbott Laboratories. SENIOR VICE PRESIDENT Louis H. Morrone Now, a little-known exploration company has defined America's largest high-quality graphite deposit near Nome, Alaska. Robert B Ford is the CHAIRMAN AND CEO of Abbott Laboratories and owns about 339,474 shares of Abbott Laboratories (ABT) stock worth over $34 Million . The FDA says two deaths have so far been linked to contaminated Abbott formula. [2] Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Mr. Ford owns over 102,425 units of Abbott Laboratories stock worth over $24,730,770 and over the last 9 years he sold ABT stock worth over $2,638,762. Transaction Summary of Robert B Ford The estimated net worth of Robert B Ford is at least $35 Million dollars as of 2023-03-01. Miles White, who was Abbotts CEO from 1999 until 2020, remained with the company as executive chairman until the end of 2021. Robert B Ford is the Senior Vice President of Abbott Laboratories. Over the last 23 years, insiders at Abbott Laboratories have traded over $365,964,884 worth of Abbott Laboratories stock and bought 1,028,477 units worth $44,923,618 Is Abbott a Fortune 500 company? Please note GuruFocus will not track the insiders transaction performance if he/she does not have buying transactions. Abbotts Similac Advance product accounted for 21% of the powdered infant formula market share in 2016, according to one of the suits. The most recent stock trade was executed by Julie L. Tyler on 17 February 2023, trading 260 units of ABT stock currently worth $26,842. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. Products include pacemakers, implantable cardioverter defibrillators, neuromodulation devices, coronary stents, catheters, infant formula, nutritional liquids for adults, molecular diagnostic platforms, and immunoassays and point-of-care diagnostic equipment. The U.S. invoked the Defense Production Act to jumpstart domestic mining and production of critical minerals such as cobalt, lithium, and rare earths, which the U.S. desperately needs for its military and green tech. 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. He will become the 13th CEO in the company's 131-year history. Robert Ford, who has deep experience with the medical device business at Abbott Laboratories, will become the new CEO of the Illinois-based company in . A bacteria called cronobacter sakazakii has been linked to baby powder formulas manufactured at the plant, which have led to complaints of babies becoming ill. no insider transaction in Abbott Laboratories (ABT). Abbotts pediatric nutrition sales in the U.S. increased 10.3% in 2021 and 5.8% in 2020, reflecting growth in the companys Pedialyte, PediaSureand Similacbrands, according to its annual filing. See Why Investors Are So Excited About This. Calamari As the Chairman of Abbott Laboratories, Mr. Ford earned a total compensation package of $24,914,886.00 in 2021. Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. Our 109,000 colleagues serve people in more than 160 countries. Mr. Ford earned a salary of $1,482,692.00, stock awards of $8,689,294.00, options awards of $8,689,978.00, non-equity compensation of $3,168,400.00, and other compensation of $129,179.00. Abbott Laboratories engages in the discovery, development, manufacture, and sale of a broad and diversified line of health care products. Now, dozens of class-action lawsuits have been filed against Abbott by parents of babies who were made ill from the companys formulas. Abbott Laboratories can also be reached via phone at (224) 667-6100. [11] In April 2020, Chief Executive recognized Ford for Abbott's response to accessibility for testing. As of 25 August 2022 he still owns at least 244,496 units of Abbott Laboratories stock. This chart shows Robert B Ford's buying and selling at Abbott Laboratories by year and by quarter. . . sale the total compensation of Mr Ford at Abbott Laboratories is $5,051,334. [3][4] He was named President and COO in October 2018. The most recent insider tranaction occured on February, 22nd when SVP Julie L Tyler sold 260 shares worth more than $26,842.40. Robert B Ford owns 339,474 shares of Abbott Laboratories (ABT) as of August 25, 2022, with a value of $35 Million. Mr. Ford earned a salary of $1,482,692.00, stock awards of $8,689,294.00, options awards of $8,689,978.00, non-equity compensation of $3,168,400.00, and other compensation of $129,179.00. This information is according to proxy statements filed for the 2021 fiscal year. sale Truth is, switching from gas-powered isn't possible without massive amounts of graphite. Abbott did not respond to a request for comment. Robert B. Ford serves as President, Chief Executive Officer, Director of the Company. Last updated: 22 February 2023 at 6:54pm EST. . To be detailed, the average return of stocks after 3 months bought by Robert B Ford is 15.4%. On average, Robert trades about 5,882 units every 58 days since 2014. [1] He received a bachelor's degree from Boston College and an MBA in business administration from at Berkeley 's Haas School of Business. Mr. Ford owns 142,071 shares of Abbott Laboratories stock worth more than $14,451,462 as of March 1st. Mr. Ford owns 142,071 shares of Abbott Laboratories stock worth more than $14,272,453 as of February 25th. Abbott Labs Board Chairman/CEO Robert Ford could hardly have picked a better time for his CES keynote address, the first by a healthcare company representative in CES history. Abbott Laboratories (ABT) The estimated Net Worth of Robert B Ford is at least $39.4 Milln dollars as of 25 August 2022. As Chairman of the Board and Chief Executive Officer at ABBOTT LABORATORIES, Robert B. Ford made $22,159,543 in total compensation. Owen's Kids Are Not Allowed To Smoke. Mr. Ford earned a bachelor's degree from Boston College and a master's degree in business administration from UC Berkeley, Haas School of Business. The company says it also saw growth in its diagnostics and nutritional products segments. Robert B Ford is president and chief executive officer of Abbott, a Fortune 100 health technology company.Previously, he served as president and chief operating officer, with responsibility for all. The performance of stocks bought by Robert B Ford within 3 months outperforms 1 times out of 1 transactions in total compared to the return of S&P 500 within the same period. White will step down as CEO March 31, 2020, after a tenure that saw the company's acquisitions . Robert has made over 4 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. Mr. Ford owns over 102,425 units of Abbott Laboratories stock worth over $25,112,184 and over the last 9 years he sold ABT stock worth over $2,638,762. Chart Data in Insider Trading History Table. Abbott Laboratories' insider roster includes Hubert Allen (Insider), Roxanne Austin (Director), Roger Bird (SVP), Brian Blaser (Insider), Philip Boudreau (VP), Sharon Bracken (Insider), John Capek (EVP), Jaime Contreras (SVP), Michael Dale (SVP), Lisa Earnhardt (EVP), Robert Ford (Chairman), Robert Ford (CEO), Robert Funck (CFO), Stephen Fussell (EVP), John Ginascol (EVP), Sammy Karam (SVP), Michelle Kumbier (Director), Andrew Lane (EVP), Joseph Manning (SVP), Nancy Mckinstry (Director), Mary Moreland (EVP), Louis Morrone (SVP), Phebe Novakovic (Director), Michael Pederson (SVP), Daniel Salvadori (EVP), Christopher Scoggins (SVP), Daniel Starks (Director), Julie Tyler (SVP), Andrea Wainer (EVP), Jared Watkin (SVP), Miles White (Chairman), Randel Woodgrift (SVP), and Brian Yoor (CFO). Robert B. Ford Net Worth Mr. Robert B. Ford biography. The company was founded by Wallace Calvin Abbott in 1900 and is headquartered in Abbott Park, IL. The Most Powerful Women In Chicago Business. He subsequently held various positions of increasing responsibility for Abbott's Diagnostics, Nutrition and Diabetes Care businesses. Missing Crain's in print? There are no executives at Abbott Laboratories getting paid more. Information on this page was last updated on 2/22/2023. The decline was due to lower stock options and stock awards, cash bonuses and pension earnings, but Whites base salary remained consistent over all three years at $1.9 million. Learn More on Abbott Laboratories' active insiders. Ford, who became CEO in 2020, received compensation totaling $24.9 million in 2021, most of it coming from stock options and awards, according to a recent Abbott filing with the U.S. Securities & Exchange Commission. sale Thorough reviews have been conducted to assure this data accurately reflects disclosures. Text size. Robert has made over 4 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. Based on ownership reports from SEC filings, as the reporting owner, Robert B Ford owns 1 companies in total, including As the Chairman and Pres & CEO of Abbott Laboratories, the total compensation of Mr Ford at Abbott Laboratories is 5,051,334. Of this total $1,482,692 was received as a salary, $3,168,400 was received as a bonus, $8,689,978 was received in stock options, $8,689,294 was awarded as stock and $129,179 came from other types of compensation. [6][7] He stated that the sale of medical devices such as FreeStyle Libre and diagnostics would be prioritized while CEO as well as developing technology to monitor consumer health through smartphones and other connected devices. #HealthyReturns" Robert B Ford made Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. 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). The rest of his pay was made up of more than $17 million in stock options and stock awards, about $3.16 million in cash bonuses and $2.7 million in pension earnings. Mr. Ford earned a bachelor's degree from Boston College and a master's degree in business administration from UC Berkeley, Haas School of Business. The estimated net worth of Robert B. Ford is at least $14.45 million as of August 25th, 2022. Robert B. Ford is an American businessman and the thirteenth chief executive officer at Abbott Laboratories, a publicly-traded medical devices and health care company based in Abbott Park, Illinois. Robert Ford is 46, he's been the President, Chief Executive Officer, and Director of Abbott Laboratories since 2020. View saved articles. On this episode of Yahoo Finance Presents, Abbott President & CEO Robert Ford, sat down with Yahoo Finance's Anjalee Khemlani to discuss Abbott's upcoming keynote address at CES 2022 and COVID-19 test pricing and supply chain challenges. Abbott is a global healthcare leader that helps people live more fully at all stages of life. Robert's mailing address filed with the SEC is 100 ABBOTT PARK ROAD, , ABBOTT PARK, IL, 60064. Chairman and Chief Executive Officer Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. Robert B. Ford serves as President, Chief Executive Officer, Director of the Company. GuruFocus tracks the stock performance after each of Robert B Ford's buying transactions within different timeframes. Russia Ignites West's Battle for Energy Independence. Abbott is a global healthcare leader that helps people live more fully at all stages of life. It operates through the following segments: Established Pharmaceutical Products, Nutritional Products, Diagnostic Products, and Medical Devices. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Abbott Laboratories engages in the discovery, development, manufacture, and sale of a broad and diversified line of health care products. What is Robert B. Ford's salary? You can see the complete history of Mr. Ford stock trades at the bottom of the page. The estimated net worth of Robert B. Ford is at least $14.27 million as of August 25th, 2022. Within two months, he had erased the "vice" to become president of the division. Robert B. Ford Net Worth Mr. Robert B. Ford biography Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. Our 109,000 colleagues serve people in more than 160 countries. The most-recent trade in Abbott Laboratories is the Robert Ford made $20,450,586 in total compensation as Director, Chief Executive Officer and President at Abbott Laboratories in . The company introduced its first two tests in March 2020 and delivered more than 400 million in 2020. The largest trade he's ever made was exercising 102,425 units of Abbott Laboratories stock on 25 August 2022 worth over $4,121,582. Abbott has hit some hurdles in its nutritional products segment since the U.S. Food & Drug Administration and the U.S. Centers for Disease Control & Prevention opened an investigation in February into the companys production of baby powder formulas at a Sturgis, Mich., manufacturing plant. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. Abbott Laboratories executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. The estimated Net Worth of Robert B Ford is at least $39.1 Million dollars as of 25 August 2022. Ford arrived with Abbott having gathered no less than five CES 2022 Innovation Awards and also in the wake of the company's heady 2021 year of achievement, which included FDA approvals for its innovations and, not . Robert B. Ford is an American businessman and the thirteenth chief executive officer at Abbott Laboratories, a publicly-traded medical devices and health care company based in Abbott Park, Illinois. Its portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. This report is not for commercial use. Previously, he served as President and Chief Operating Officer, with responsibility for all of the company's operating businesses; and Executive Vice President, Medical Devices, leading our Diabetes Care, Cardiovascular and Neuromodulation businesses. Previously, he served as President and Chief Operating Officer, with responsibility for all of the company's operating businesses; and Executive Vice President, Medical Devices, leading our Diabetes Care, Cardiovascular and Neuromodulation businesses. Robert B Ford is [5], On March 31, 2020, Ford became the chief executive officer of Abbott Laboratories, elected unanimously by the company's board. Last updated: 22 February 2023 at 6:54pm EST. The most recent stock trade was executed by Julie L. Tyler on 17 February 2023, trading 260 units of ABT stock currently worth $26,842. 89. . 1-877-812-1590, Veradigm says software glitch inflated revenue reports, Ascension nurses seek class-action status over unpaid wages, Pritzker launches children's behavioral health initiative. of It's unclear exactly how much the situation could affect Abbotts bottom line. Information on this page was last updated on 2/22/2023. Billions could be poured into exploration companies searching for new U.S. deposits. As the Chairman and Pres & CEO of Abbott Laboratories, the total compensation of Mr Ford at Abbott Laboratories is $5,051,334. You can help Wikipedia by expanding it. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. As Chairman of the Board and Chief Executive Officer at ABBOTT LABORATORIES, Robert B. Ford made $22,159,543 in total compensation. He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. You can see the complete history of Mr. Ford stock trades at the bottom of the page. Chart Data in Insider Trading History Table. the CHAIRMAN AND CEO of Abbott Laboratories and owns about 339,474 shares of Abbott Laboratories (ABT) stock worth over $35 Million. On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. As the Chairman of Abbott Laboratories, Mr. Ford earned a total compensation package of $24,914,886.00 in 2021. Learn More on Abbott Laboratories' active insiders. Mr. Ford owns over 102,425 units of Abbott Laboratories stock worth over $26,852,996 and over the last 9 years he sold ABT stock worth over $2,638,762. Robert Ford, left, and Miles White. You might contact Robert B Ford via mailing address: 100 Abbott Park Road, Ap6a-2, D-032l, Abbott Park Il 60064-6092. Details can be seen in Robert B Ford's Latest Holdings Summary section. Abbott Laboratories CEO Robert Ford received a $4.5 million raise last year as the medical device company saw sales surge amid rising demand for its COVID-19 BinaxNOW tests. sale He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. As the President, Chief Executive Officer, and Director of Abbott Laboratories, the total compensation of Robert Ford at Abbott Laboratories is $11,897,900. Insiders are limited to only officers and/or directors of the company. Chairman of the Board and Chief Executive Officer. There are 39 older and 4 younger executives at Abbott Laboratories. He pulled Abbott's scientists and manufacturing teams off their projects to work on four teams, each focused on specific tests. The estimated net worth of Robert B Ford is at least $34 Million dollars as of 2023-02-25. Abbott is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement of the linked site by Abbott. A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. [9][10] Ford said he considers Abbott's BinaxNOW test to be a model, setting a trend for rapid point-of-care testing after the coronavirus pandemic for ailments such as influenza, sexually transmitted diseases, and hepatitis. All proxy statements are public filings made available to the general public by the SEC. Its portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Learn More on Robert B. Ford's salary. Previously, he served as President and Chief Operating Officer; and as Executive Vice President, Medical Devices, leading Abbotts Diabetes Care, Cardiovascular and Neuromodulation businesses. Fundamental company data provided by Morningstar, updated daily. On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. Learn More about insider trades at Abbott Laboratories. Over the last 23 years, insiders at Abbott Laboratories have traded over $365,964,884 worth of Abbott Laboratories stock and bought 1,028,477 units worth $44,923,618 His father's net worth is $70 Million. The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. Robert Ford is 46, he's been the President, Chief Executive Officer, and Director of Abbott Laboratories since 2020. He is very close to his sons Finn and Robert Ford. Robert is currently 12 years old. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. of 150,000 shares made by Daniel J Starks Print. Unless otherwise specified, all product and service names appearing in this Internet site are trademarks owned by or licensed to Abbott, its subsidiaries or affiliates. ABBOTT LABORATORIES annual reports of executive compensation and pay are most commonly found in the Def 14a documents. 102,425 shares on August 25, 2022, which Learn More on Robert B. Ford's contact information. There are 40 older and 3 younger executives at Abbott Laboratories. 130 E. Randolph St. Coronavirus Tips Working and Protection. Western countries are now scrambling for stable, renewable energy. As of 25 August 2022 he still owns at least 244,496 units of Abbott Laboratories stock. Get the best business coverage in Chicago, from breaking news to razor-sharp analysis, in print and online. Abbott Laboratories' insider roster includes Hubert Allen (Insider), Roxanne Austin (Director), Roger Bird (SVP), Brian Blaser (Insider), Philip Boudreau (VP), Sharon Bracken (Insider), John Capek (EVP), Jaime Contreras (SVP), Michael Dale (SVP), Lisa Earnhardt (EVP), Robert Ford (Chairman), Robert Ford (CEO), Robert Funck (CFO), Stephen Fussell (EVP), John Ginascol (EVP), Sammy Karam (SVP), Michelle Kumbier (Director), Andrew Lane (EVP), Joseph Manning (SVP), Nancy Mckinstry (Director), Mary Moreland (EVP), Louis Morrone (SVP), Phebe Novakovic (Director), Michael Pederson (SVP), Daniel Salvadori (EVP), Christopher Scoggins (SVP), Daniel Starks (Director), Julie Tyler (SVP), Andrea Wainer (EVP), Jared Watkin (SVP), Miles White (Chairman), Randel Woodgrift (SVP), and Brian Yoor (CFO). Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. The corporate mailing address for Mr. Ford and other Abbott Laboratories executives is 100 ABBOTT PARK ROAD D-322 AP6D, ABBOTT PARK IL, 60064. Abbott Laboratories executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. This net worth estimate does not reflect any other investments that Mr. Ford may own. Abbott named current COO Robert Ford its new CEO Wednesday, ushering in the first new chief executive in 21 years. Click here to get the full experience on your screen. There are 40 older and 3 younger executives at Abbott Laboratories. a net Abbott is also one of the world's top five baby formula vendors, which include Nestle and Danone, according to Bloomberg. Following is the unofficial transcript of a CNBC interview with Abbott President & CEO Robert Ford and CNBC's Host of "Mad Money w/ Jim Cramer" & Co-Anchor of "Squawk on the Street" Jim Cramer . The website that you have requested also may not be optimized for your screen size. The Diagnostic Products segment markets diagnostic systems and tests for blood banks, hospitals, commercial laboratories, and alternate-care testing sites. . Senior Vice President Fernando Mateus It operates through the following segments: Established Pharmaceutical Products, Nutritional Products, Diagnostic Products, and Medical Devices. of 118,550 shares made by Salvadori Daniel Gesua Sive Mr. Ford earned a bachelor's degree from Boston College and a master's degree in business administration from UC Berkeley, Haas School of Business. Source: Pinterest Age And Net Worth . Fords base compensation was $1.48 million, up from $1.29 million in 2020. Insiders at Abbott Laboratories own 0.5% of the company. An early adherent of the Bah Faith in the United States, Abbott founded the Bud Billiken Parade and Picnic in August 1929. 1 transactions in Abbott Laboratories (ABT) over the past 5 years, including 0 buys and 1 sells. The most active insiders traders include Miles D White, Richard A Gonzalez, and Jeffrey M Leiden. Mr. Ford earned a salary of $1,482,692.00, stock awards of $8,689,294.00, options awards of $8,689,978.00, non-equity compensation of $3,168,400.00, and other compensation of $129,179.00. Robert Ford Net Worth The estimated Net Worth of Robert B Ford is at least Abbott Laboratories stock worth over $5,687,137 and over the . The Nutritional Products segment caters to the worldwide sales of adult and pediatric nutritional products. SENIOR VICE PRESIDENT Christopher J. What is the salary of Mr Ford? . [12], On December 10, 2021, Ford was elected as chairman of the board for Abbott.[13]. Abbott Laboratories leveled up on this year's Fortune 500 list, leaping from last year's rank of 104 to No. Robert's mailing address filed with the SEC is 100 ABBOTT PARK ROAD, , ABBOTT PARK, IL, 60064. Learn More on Robert B. Ford's trading history. Abbott Laboratories CEO Robert Ford received a $4.5 million raise last year as the medical device company saw sales surge amid rising demand for its COVID-19 BinaxNOW tests. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. Owen is the father of three children two sons and a daughter. Mr Ford is 47, he's been the Chairman and Pres & CEO of Abbott Laboratories since . Abbott CEO Robert Ford 'sorry,' vows to supply 'more baby formula than before recall' By Dean Balsamini May 21, 2022 6:17pm Updated Robert Ford, CEO of of Abbott Laboratories, said in. Our 109,000 colleagues serve people in more than 160 countries. Of babies who were made ill from the companys formulas at least $ million. 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