Ford Motor CEO James Hackett's 2018 pay rises 6% to $18M

Ford Motor reports 2018 executive compensation

By ExecPay News

Published: March 29, 2019

Ford Motor reported fiscal year 2018 executive compensation information on March 29, 2019.
In 2018, five Ford Motor executives received on average a compensation package of $10M, a 30% decrease compared to previous year.
Average pay of disclosed executives at Ford Motor
James P. Hackett, Chief Executive Officer, received $18M in total, which increased by 6% compared to 2017. 72% of Hackett's compensation, or $13M, was in stock awards. Hackett also received $2.6M in non-equity incentive plan, $1.8M in salary, as well as $618K in other compensation.
For fiscal year 2018, the median employee pay was $64,316 at Ford Motor. Therefore, the ratio of James P. Hackett's pay to the median employee pay was 276 to one.
William Clay Ford, Jr, Chairman, received a compensation package of $14M, which decreased by 11% compared to previous year. 73% of the compensation package, or $10M, was in stock awards.
Robert L. Shanks, Chief Financial Officer, earned $8.4M in 2018, a 25% increase compared to previous year.
James D. Farley, Jr, President — Global Markets, received $5.9M in 2018, which decreases by 57% compared to 2017.
Joseph R. Hinrichs, President — Global Operations, earned $5.8M in 2018, a 52% decrease compared to previous year.

Related executives

James Hackett

Ford Motor

Chief Executive Officer

Robert Shanks

Ford Motor

Chief Financial Officer

William Ford

Ford Motor

Chairman

James Farley

Ford Motor

Chief Executive Officer

Joseph Hinrichs

Ford Motor

President — Automotive

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Source: SEC filing on March 29, 2019.