Hau Thai-Tang is Ford’s chief product platform and operations officer, effective October 1, 2020. He was formerly Ford’s chief product development & purchasing officer and was globally responsible for overseeing all aspects of the company’s product design, engineering, and development, as well as purchasing operations. He also has responsibility for Enterprise Product Line Management and connectivity. He reports to Jim Farley, Ford CEO.
He most recently has served as group vice president, Global Purchasing, a position Thai-Tang has held since August 1, 2013. Ford’s global purchasing organization is responsible for more than $100 billion in annual spending on production and non-production goods and services around the world.
Thai-Tang also has more than 25 years in Product Development, including serving as vice president, Engineering for Global Product Development. In this capacity, he directed all global engineering for car, truck, SUV and crossover vehicles for the Ford and Lincoln brands in support of the One Ford plan.
Thai-Tang also was executive director of Global Product Programs, and director of Advanced Product Creation and Special Vehicle Team (SVT). In these roles, he led the delivery of Ford’s mainstream and high performance products from conception to launch across all regions.
Thai-Tang’s international experience includes assignments in Cologne, Germany and four years serving as director of Product Development for Ford South America. 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.
Previously, Thai-Tang served as the chief engineer for the Mustang program, leading the design, development, and launch of the 2005 model year Mustang. An avid car enthusiast, Thai-Tang was a race engineer for Nigel Mansell and Mario Andretti on Ford’s Newman-Haas IndyCar team in 1993. His efforts contributed to six victories, 11 podium finishes, and the overall driver’s and manufacturer’s championships.
In 2001, the Automotive Hall of Fame awarded Thai-Tang the Young Leadership and Excellence Award. He also was named Asian Executive of the Year by On Wheels Inc. in 2006. Most recently, Thai-Tang was named Purchasing Executive of the Year by Automotive Supply Chain Magazine.
After graduating in 1988 from Carnegie Mellon University with a Bachelor of Science degree in Mechanical Engineering, Thai-Tang joined Ford as a college graduate trainee. In 1993, he earned a master of business administration degree with distinction from the University of Michigan, Ann Arbor.
What is Hau N. Thai-Tang's net worth?
The estimated net worth of Hau N. Thai-Tang is at least $10.20 million as of March 10th, 2021. Mr. Thai-Tang owns 727,651 shares of Ford Motor stock worth more than $10,201,667 as of August 3rd. This net worth approximation does not reflect any other assets that Mr. Thai-Tang may own. Additionally, Mr. Thai-Tang receives a salary of $1,700,000.00 as Insider at Ford Motor.
How old is Hau N. Thai-Tang?
Mr. Thai-Tang is currently 54 years old. There are 8 older executives and no younger executives at Ford Motor. The oldest executive at Ford Motor is Mr. William Clay Ford Jr., Exec. Chairman, who is 64 years old.
What is Hau N. Thai-Tang's salary?
As the Insider of Ford Motor, Mr. Thai-Tang earned a total compensation package of $11,780,405.00 in 2020. Mr. Thai-Tang earned a salary of $1,158,333.00, a bonus of $83,500.00, stock awards of $5,796,808.00, non-equity compensation of $310,500.00, and other compensation of $151,441.00.There are 2 executives that earn more than Mr. Thai-Tang. The highest earning executive at Ford Motor is Mr. William Clay Ford Jr., Exec. Chairman, who commands a salary of $3,190,000.00 per year.
How do I contact Hau N. Thai-Tang?
The corporate mailing address for Mr. Thai-Tang and other Ford Motor executives is ONE AMERICAN ROAD, DEARBORN MI, 48126. Ford Motor can also be reached via phone at 313-322-3000.
Has Hau N. Thai-Tang been buying or selling shares of Ford Motor?
Hau N. Thai-Tang has not been actively trading shares of Ford Motor over the course of the past ninety days. Most recently, Hau N. Thai-Tang sold 90,000 shares of the business's stock in a transaction on Wednesday, March 10th. The shares were sold at an average price of $12.87, for a transaction totalling $1,158,300.00. Following the completion of the sale, the insider now directly owns 727,651 shares of the company's stock, valued at $9,364,868.37.
Who are Ford Motor's active insiders?
Are insiders buying or selling shares of Ford Motor?
In the last year, insiders at the auto manufacturer sold shares 4 times. They sold a total of 202,414 shares worth mmore than $2,904,075.48. The most recent insider tranaction occured on June, 21st when Stuart J Rowley Insider bought 37,414 shares worth more than $554,475.48. Insiders at Ford Motor own 0.9 % of the company.
Information on this page was last updated on 6/21/2021.