See Why Investors Are So Excited About This. You can see the complete history of Mr. Ford stock trades at the bottom of the page. Learn More on Abbott Laboratories' active insiders. 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 shares were sold at an average price of $105.10, for a transaction totalling $10,764,867.50. Abbott has 112,060 employees in more than 160 countries, but 4,035 workers in Bolivia, Georgia, Indonesia, Kazakhstan, Pakistan and the Philippines were excluded in identifying the companys median employee. sale What is the salary of Mr Ford? Putin's invasion of Ukraine has revealed the West's dependence on Russia for their energy needs. Sponsored Content: Global Tax Rules Take Shape Whats Next for Multinational Companies? The estimated Net Worth of Robert B Ford is at least $39.3 Million dollars as of 25 August 2022. of 118,550 shares made by Salvadori Daniel Gesua Sive 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. Abbott is a global healthcare leader that helps people live more fully at all stages of life. sale Robert Ford, left, and Miles White. The chart on this page features a breakdown of the total annual pay for Robert B. Ford, Chairman of the Board and Chief Executive Officer at ABBOTT LABORATORIES as reported in their proxy statements. of 64,956 shares made by Andrea F Wainer On average, Robert trades about 5,882 units every 58 days since 2014. Abbott is also one of the world's top five baby formula vendors, which include Nestle and Danone, according to Bloomberg. ARLINGTON, Va., Oct. 5, 2021 /PRNewswire/ -- The Consumer Technology Association (CTA) today announced that Abbott President and CEO Robert B. Ford will deliver a . He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. Learn More on Robert B. Ford's trading history. Previously, he served as President and Chief Operating Officer; and as Executive Vice President, Medical Devices, leading Abbotts Diabetes Care, Cardiovascular and Neuromodulation businesses. Robert B Ford made It operates through the following segments: Established Pharmaceutical Products, Nutritional Products, Diagnostic Products, and Medical Devices. Chart Data in Insider Trading History Table. The Diagnostic Products segment markets diagnostic systems and tests for blood banks, hospitals, commercial laboratories, and alternate-care testing sites. Billions could be poured into exploration companies searching for new U.S. deposits. Learn More about insider trades at Abbott Laboratories. Robert B. Ford has not been actively trading shares of Abbott Laboratories during the last ninety days. Senior Vice President Fernando Mateus As the Chairman and Pres & CEO of Abbott Laboratories, the total compensation of Mr Ford at Abbott Laboratories is $5,051,334. 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. 102,425 shares on August 25, 2022, which 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. 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 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. The Medical Devices segment includes electrophysiology, heart failure, vascular and structural heart devices for the treatment of cardiovascular diseases, and diabetes care products for people with diabetes, as well as neuromodulation devices for the management of chronic pain and movement disorders. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. Owen's Kids Are Not Allowed To Smoke. There are 1 executives at Abbott Laboratories getting paid more, with MilesWhite having the highest compensation of $27,802,800. 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. The current estimated net worth of Abbott Laboratories's CHAIRMAN AND CEO, Robert B Ford, is estimated to be about $32.44M . [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. The estimated net worth of Robert B. Ford is at least $14.27 million as of August 25th, 2022. Chicago, IL 60601 The Medical Devices segment includes electrophysiology, heart failure, vascular and structural heart devices for the treatment of cardiovascular diseases, and diabetes care products for people with diabetes, as well as neuromodulation devices for the management of chronic pain and movement disorders. 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 was founded by Wallace Calvin Abbott in 1900 and is headquartered in Abbott Park, IL. ( m. 1989-1996) . Learn More on Robert B. Ford's contact information. Robert B. Ford serves as President, Chief Executive Officer, Director of the Company. The companys total net sales increased nearly 25% from 2020 to 2021, reflecting volume growth across all of Abbotts segments, according to the companys annual SEC filing. 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. All Rights Reserved. Abbott is a global healthcare leader that helps people live more fully at all stages of life. ( m. 1998) . , . Abbott manufactures and markets medical devices, adult and pediatric nutritional products, diagnostic equipment and testing kits, and branded generic drugs. Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. 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. On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. 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. Robert B. Ford Net Worth Mr. Robert B. Ford biography. According to the SEC Form 4 filings, Robert B Ford has made a total of As Chairman of the Board and Chief Executive Officer at ABBOTT LABORATORIES, Robert B. Ford made $22,159,543 in total compensation. Text size. Please note GuruFocus will not track the insiders transaction performance if he/she does not have buying transactions. See who is leading new copper discoveries and how. He subsequently held various positions of increasing responsibility for Abbott's Diagnostics, Nutrition and Diabetes Care businesses. He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. Abbott Laboratories leveled up on this year's Fortune 500 list, leaping from last year's rank of 104 to No. Over the past 18 months, Insiders at Abbott Laboratories own 0.5% of the company. Abbott did not respond to a request for comment. Billions could be poured into exploration companies searching for new U.S. deposits. 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. There are 1 executives at Abbott Laboratories getting paid more, with MilesWhite having the highest compensation of $27,802,800. Abbott Laboratories engages in the discovery, development, manufacture, and sale of a broad and diversified line of health care products. Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. 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%. Robert B. Ford serves as President, Chief Executive Officer, Director of the Company. On average, Robert trades about 5,882 units every 58 days since 2014. 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. She is known for her roles as Corky Sherwood on the CBS sitcom Murphy Brown, for which she received five Primetime Emmy Award nominations, [1] and as Hope Shanowski on the ABC sitcom Hope & Faith . 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 . [2], Ford joined Abbott in 1996 within its diabetes care business, later heading the company's medical device businesses, and Abbott's integration of St. Jude Medical in 2017, its largest acquisition at the time. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. . sale sale of Our 109,000 colleagues serve people in more than 160 countries. Learn More on Robert B. Ford's salary. The company introduced its first two tests in March 2020 and delivered more than 400 million in 2020. As the Chairman of Abbott Laboratories, Mr. Ford earned a total compensation package of $24,914,886.00 in 2021. . Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The corporate mailing address for Mr. Ford and other Abbott Laboratories executives is 100 ABBOTT PARK ROAD D-322 AP6D, ABBOTT PARK IL, 60064. Fords base compensation was $1.48 million, up from $1.29 million in 2020. 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. Get notified the next time Robert B. Ford buys or sells Abbott Laboratories stock. 1 transactions in Abbott Laboratories (ABT) over the past 5 years, including 0 buys and 1 sells. Other recent insider transactions involving Abbott Laboratories (ABT) include In 2021, Abbotts COVID-19 testing-related sales totaled about $7.7 billion, up from $3.9 billion in 2020. Other transactions such as conversion of derivative security or exercise of options are not included. Robert B. Ford has not been actively trading shares of Abbott Laboratories within the last three months. Robert Sengstacke Abbott (December 24, 1870 - February 29, 1940) was an American lawyer, newspaper publisher and editor. He will become the 13th CEO in the company's 131-year history. He is very close to his sons Finn and Robert Ford. 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. 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). It's unclear exactly how much the situation could affect Abbotts bottom line. Our 109,000 colleagues serve people in more than 160 countries. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. , Western countries are now scrambling for stable, renewable energy. What is Robert B. Ford's salary? Abbott Laboratories (ABT)'s detailed insider trading history can be found in Insider Trading Tracker table. 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 . Now, a little-known exploration company has defined America's largest high-quality graphite deposit near Nome, Alaska. Learn More on Robert B. Ford's salary. Learn More about insider trades at Abbott Laboratories. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Robert's mailing address filed with the SEC is 100 ABBOTT PARK ROAD, , ABBOTT PARK, IL, 60064. Learn More on Robert B. Ford's contact information. Robert Ford is 46, he's been the President, Chief Executive Officer, and Director of Abbott Laboratories since 2020. brought As the CEO of Abbott Laboratories, Mr. Ford earned a total compensation package of $24,914,886.00 in 2021. 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. Abbott recalled some of its formulasnotably its Similac line. As Chairman of the Board and Chief Executive Officer at ABBOTT LABORATORIES, Robert B. Ford made $22,159,543 in total compensation. Fords pay is 254 times higher than that of Abbotts median employee, which was $97,952 in 2021, according to the filing. Within two months, he had erased the "vice" to become president of the division. There are 40 older and 3 younger executives at Abbott Laboratories. The website you have requested also may not be optimized for your specific screen size. 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. Robert is currently 12 years old. Learn More about Robert B. Ford's net worth. of 799,867 shares. [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. You can see the complete history of Mr. Ford stock trades at the bottom of the page. Abbott Laboratories can also be reached via phone at (224) 667-6100. 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 total compensation of Mr Ford at Abbott Laboratories is $5,051,334. Get the best business coverage in Chicago, from breaking news to razor-sharp analysis, in print and online. 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 Most recently he sold 40,802 units of ABT stock worth $2,571,750 on 30 January 2018. . But he collected the same $1.9 million . Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. An early adherent of the Bah Faith in the United States, Abbott founded the Bud Billiken Parade and Picnic in August 1929. 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. There are 40 older and 3 younger executives at Abbott Laboratories. Robert B. Ford Net Worth Mr. Robert B. Ford biography. 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. He joined Abbott's Diagnostics division in 1996 as a Business Unit Manager in Diabetes Care. As a result, the site may contain information on pharmaceuticals, medical devices and other products or uses of those products that are not approved in other countries or regions. Information on this page was last updated on 2/22/2023. Owen is the father of three children two sons and a daughter. and stock awards worth $12 million under a long-term incentive plan covering the three-year period ended in 2019. 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 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 . Robert Ford Net Worth The estimated Net Worth of Robert B Ford is at least $41.4 Million dollars as of 25 August 2022. He assumed the role of Chairman in December 2021, having been appointed President and Chief Executive Officer in March 2020. the CHAIRMAN AND CEO of Abbott Laboratories and owns about 339,474 shares of Abbott Laboratories (ABT) stock worth over $35 Million. Share. "Abbott Labs veteran CEO White to step down next March", "Longtime Abbott Labs CEO Miles White to Step Down in March", "Medtech Giant Elects New CEO As 21-Year Veteran Steps Down", "Abbott CEO Miles White to step down in March", "Robert Ford named president, COO of Abbott", "Abbott beats revenue projections as sales outperform previous year", "Abbott CEO Miles D White To Step Down In 2020, Robert B Ford To Take Over", "Incoming Abbott CEO says not looking to do any deals", "Abbott Profits Rise As Covid-19 Diagnostic Sales Eclipse 400 Million Tests", "Abbott Went All In on Covid Tests, And It's Just Getting Started", "CEO of the Week: Abbott Laboratories CEO Robert B. Ford", "Abbott's Miles White retires as executive chairperson", https://en.wikipedia.org/w/index.php?title=Robert_B._Ford&oldid=1136426046, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 30 January 2023, at 07:14. a net Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. The oldest executive at Abbott Laboratories is SamuelScott, 75, who is the Independent Director. The most active insiders traders include Miles D White, Richard A Gonzalez, and Jeffrey M Leiden. . . As the President, Chief Executive Officer, and Director of Abbott Laboratories, the total compensation of Robert Ford at Abbott Laboratories is $11,897,900. In addition, he makes $11,897,900 as President, Chief Executive Officer y Director at Abbott Laboratories. The information shown here is a reporting of information included in the company's proxy statement. sale This investment adviser does not provide advice to individual investors. Click here to get the full experience on your screen. Faith Alexis Ford is an American actress. Oct 05, 2021, 11:00 ET. Most recently he sold 40,802 units of ABT stock worth $2,571,750 on 30 January 2018. . What is Robert B. Ford's salary? 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. Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. 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. Learn More on Abbott Laboratories' active insiders. . Robert B. Ford is the Chairman, Pres & CEO at Abbott Laboratories. 89. . On average, Abbott Laboratories executives and independent directors trade stock every 8 days with the average trade being worth of $3,584,478. How much does Robert Ford of Abbott make? 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. 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. Robert B Ford currently owns a total of 1 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. , On average, Robert trades about 5,882 units every 58 days since 2014. Abbott founded The Chicago Defender in 1905, which grew to have the highest circulation of any black-owned newspaper in the country. Robert Ford made $20,450,586 in total compensation as Director, Chief Executive Officer and President at Abbott Laboratories in . He subsequently held various positions of increasing responsibility for Abbott's Diagnostics, Nutrition and Diabetes Care businesses. Thorough reviews have been conducted to assure this data accurately reflects disclosures. Learn More on Robert B. Ford's trading history. Robert has made over 4 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. 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. Most recently he exercised 102,425 units of ABT stock worth $4,121,582 on 25 August 2022. Robert B Ford owns about 339,474 units of Abbott. There are 40 older and 3 younger executives at Abbott Laboratories. 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. Abbott is a global healthcare leader that helps people live more fully at all stages of life. #HealthyReturns" Abbott Laboratories can also be reached via phone at (224) 667-6100. His latest promotion: Chief Executive Officer at Abbott, a global diversified healthcare company. As of 25 August 2022 he still owns at least 244,496 units of Abbott Laboratories stock. As the Chairman and Pres & CEO of Abbott Laboratories, the total compensation of Mr Ford at Abbott Laboratories is 5,051,334. 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. For its 2021 fiscal year, ABBOTT LABORATORIES, listed the following CEO pay ratio data on its annual proxy statement to the SEC. GuruFocus.com is not operated by a broker or a dealer. The company was founded by Wallace Calvin Abbott in 1900 and is headquartered in Abbott Park, IL. On this Wikipedia the language links are at the top of the page across from the article title. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. Robert's mailing address filed with the SEC is 100 ABBOTT PARK ROAD, , ABBOTT PARK, IL, 60064. As the President, Chief Executive Officer, and Director of Abbott Laboratories, the total compensation of Robert Ford at Abbott Laboratories is $11,897,900. . He joined Abbott's Diagnostics division in 1996 as a Business Unit Manager in Diabetes Care. SENIOR VICE PRESIDENT Louis H. Morrone 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. ABBOTT LABORATORIES annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Chicago, Illinois Robert Ford's listing in the Class of 2015 student directory identified him as vice president, Abbott Diabetes Care. Robert Ford Net Worth The estimated Net Worth of Robert B Ford is at least Abbott Laboratories stock worth over $26,723,413 and over . What is the salary of Mr Ford? [5], On March 31, 2020, Ford became the chief executive officer of Abbott Laboratories, elected unanimously by the company's board. Details can be seen in Robert B Ford's Latest Holdings Summary section. Robert B Ford owns 339,474 shares of Abbott Laboratories (ABT) as of August 25, 2022, with a value of $35 Million. and Combined, the North Chicago-based company paid more than $40 million in 2021 for the services of Ford and White. Last updated: 22 February 2023 at 6:54pm EST. a net The Established Pharmaceutical Products segment refers to the international sales of a line of branded generic pharmaceutical products. Learn More on Robert B. Ford's contact information. Robert B. Ford is Abbott's Chairman of the Board and Chief Executive Officer. You may also find the annual proxy statement by going directly to the company's website. Stock quotes provided by InterActive Data. Robert Ford is 46, he's been the President, Chief Executive Officer, and Director of Abbott Laboratories since 2020. Robert has made over 5 trades of the Abbott Laboratories stock since 2016, according to the Form 4 filled with the SEC. 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 Track performance, allocation, dividends, and risks . Abbott derives approximately 60% of sales outside the United States. CEO Miles White will retain his title as executive chairman of the board. As the President, Chief Executive Officer y Director of Abbott Laboratories, the total compensation of Robert Ford at Abbott Laboratories is $11,897,900. Gurus may be added or dropped from the GuruFocus site at any time. Insiders at Abbott Laboratories own 0.5% of the company. 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. GuruFocus also compares Robert B Ford's trading performance to market benchmark return within the same time period. . Chart Data in Insider Trading History Table. a net 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. He joined Abbott's Diagnostics division in 1996 as a Business Unit Manager in Diabetes Care. 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. Russia Ignites West's Battle for Energy Independence. Is Abbott a Fortune 500 company? no insider transaction in Abbott Laboratories (ABT).

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