In 2020, Andrew K. Silvernail earned $6.15M in total compensation at IDEX, including $1.06M salary and $3.54M bonus. Most recently acquired 653 shares in May 2024. Currently holds stock worth $11.48M. Has donated $4.98M in stock to charitable causes. Led IDEX as CEO for 5 years.
Compensation History
Annual executive compensation data for Andrew K. Silvernail, including salary, bonuses, and stock awards.
Year
2020
Total Compensation
$6.15M
Salary
$1.06M
Bonus
$3.54M
Other
$1.55M
Salary
$1.06MBoard Justification
The compensation philosophy emphasizes pay-for-performance, aligning executive compensation with company performance and stockholder interests, while maintaining competitive compensation packages to attract and retain talent.
Bonus
$3.54MBoard Justification
Mr. Silvernail did not receive a bonus payment under the MICP, as he received a separation payment in an equivalent value to his annual bonus.
Other Compensation
$1.55MBoard Justification
Includes a separation payment equivalent to the value of the annual bonus Mr. Silvernail would have received had he remained employed by the Company, as well as contributions to retirement plans and other benefits.
Restricted Stock
Board Justification
Mr. Silvernail forfeited all of his equity-based awards that had not yet vested in connection with his separation from the Company on December 15, 2020.
Performance Metrics
The performance metrics include adjusted EPS, cash flow conversion, organic sales growth, and relative TSR.
Andrew K. Silvernail
Ex-CEO of IDEX
Education
Bachelor's degree from the University of Michigan
Field of Expertise
Business & Management
Sector of Economy
Industrials
Born
January 1, 1967 - 58 years ago
CEO of IDEX for
5 years 5 months (Jul 2015 - Dec 2020)
Previous Experience
Various management positions at IDEX Corporation
Other IDEX CEOs
Holdings
Track Andrew K. Silvernail's stock holdings and portfolio value over time.
Total Stock Sold
$129.12M
$129.12M
866,751 IEX shares
What if they kept their stock?
If Andrew K. Silvernail didn't sell their stock, today they would have:
Extra IEX866,751 shares worth $155.17M.
This is 20.17% and $26.05M more than what they got when they sold the stock.
Charitable Transactions
24,209 shares
IEX
1,770 shares
SYK
Recent Charitable Transactions
$3.05M
IEX at $193.15/share
Nov 30, 2020
Charity
$184.74K
IEX at $180.59/share
Aug 25, 2020
Charity
$236.67K
IEX at $157.78/share
Apr 29, 2020
Charity
$126.62K
IEX at $150.74/share
May 24, 2019
Charity
$70.24K
IEX at $156.43/share
May 6, 2019
Charity
$50.10K
IEX at $125.25/share
Oct 31, 2018
Charity
Insider Trading
Andrew K. Silvernail's recent stock transactions, purchases, and sales filed with the SEC.
653 shares
SYK
May 9, 2024
Received
705 shares
SYK
May 10, 2023
Received
$3.05M
IEX at $193.15/share
Nov 30, 2020
Charity
$28.91M
IEX at $189.66/share
Nov 9, 2020
Sale
$20.79M
IEX at $169.81/share
Oct 29, 2020
Sale
$184.74K
IEX at $180.59/share
Aug 25, 2020
Charity
$16.85M
IEX at $168.77/share
Jul 27, 2020
Sale
$5.74M
IEX at $159.38/share
May 28, 2020
Sale
$236.67K
IEX at $157.78/share
Apr 29, 2020
Charity
$10.10M
IEX at $171.19/share
Feb 7, 2020
Received
Rivals
Compare Andrew K. Silvernail with competitor CEOs and industry peers.
Richard J. Tobin
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2023 Compensation
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$3.25M
Salary
$1.29M
Bonus
$2.00M
Other
$207.19K
Total Holdings
$104.20K
Andrea J. Funk
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$250.00K
Salary
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Bonus
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$11.70M
Shawn M. O'Connell
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2023 Compensation
Stock
$250.00K
Salary
$800.00K
Bonus
$200.00K
Other
$150.00K
Total Holdings
$19.68M
David A. Hager
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2023 Compensation
Stock
$31.78M
Salary
$1.25M
Bonus
$1.64M
Other
$0.00
Total Holdings
$162.92K
John H. Stone
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2023 Compensation
Stock
$1.38M
Salary
$1.03M
Bonus
$0.00
Other
$9.00K
Total Holdings
$33.20M
Sundaram Nagarajan
CEO of Nordson
2023 Compensation
Stock
$0.00
Salary
$975.00K
Bonus
$331.01K
Other
$109.22K
Total Holdings
$11.11M