Barry H. Golsen, the President and CEO of LSB Industries, has a strong background in the HVAC industry and environmental technology. He joined the company in 1978 and has been pivotal in growing LSB's Climate Control Business, bringing innovative products...

Barry H. Golsen, the President and CEO of LSB Industries, has a strong background in the HVAC industry and environmental technology. He joined the company in 1978 and has been pivotal in growing LSB's Climate Control Business, bringing innovative products to market. He was responsible for developing the company’s first water source heat pump product line and expanded the business through acquisitions, particularly ClimateMaster, which solidified LSB's position in the market. Barry holds a Bachelor's degree in Business Administration and a law degree, showing he values both practical business knowledge and legal insight. Interestingly, he has been part of the company’s board since 1981 and has deep family ties, being the son of the company’s founder, Jack E. Golsen. His leadership spans decades, making him a trusted voice in the industry. On the financial side, Barry's compensation in 2015 was reported as $2.2 million, which included a significant cash severance payment, reflecting the demand for his leadership during challenging times. He has consistently made significant market moves, with insider trading in the range of millions, indicating a strong belief in the company’s future.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other LSB Industries CEOs

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Barry H. Golsen

Ex-CEO of LSB Industries

Field of Expertise

Business & Management

Sector of Economy

Basic Materials

CEO of LSB Industries for

1 year 8 months (Jan 2014 - Sep 2015)

Previous Experience

Unknown

Rivals

Competitors/colleagues of Barry H. Golsen

Holdings

See how much did Barry H. Golsen make over time.

Barry Golsen has shown significant fluctuations in his stock holdings with LSB Industries. In 2019, his holdings peaked at around $11.65 million but saw a drop towards $3.52 million just a few months later. This wave of changes highlights the...

Barry Golsen has shown significant fluctuations in his stock holdings with LSB Industries. In 2019, his holdings peaked at around $11.65 million but saw a drop towards $3.52 million just a few months later. This wave of changes highlights the volatile nature of the market and how quickly an executive's net worth can shift based on insider trading activities. In the following years, there were consistent fluctuations, with a high of $39.13 million in April 2022. By 2023, his holdings stabilized to around $20 million, showcasing both the risks and rewards of insider trading as he navigates his role as CEO. Barry's equity position not only shows his commitment to LSB but also provides insight into his strategies, making his trading history noteworthy for those interested in executive performance and market trends.

Total Stock Sold

$2.75M

LXU

$2.75M

122,981.3 LXU shares

What if they kept their stock?

If Barry H. Golsen didn't sell their stock, today they would have:
Extra LXU122,981.3 shares worth $163.66K.
This is -94.05% and $2.59M less than what they got when they sold the stock.

Charitable Transactions

LXU

1,615.9 shares

LXU

Recent Charitable Transactions

LXU

5,000 shares

LXU

Dec 31, 2022

Charity

LXU

267 shares

LXU

Dec 31, 2014

Charity

LXU

918 shares

LXU

Mar 4, 2013

Charity

LXU

58 shares

LXU

Sep 8, 2011

Charity

Insider Trading

See recent insider trades of Barry H. Golsen.

LXU

5,000 shares

LXU

Dec 31, 2022

Charity

LXU

5,000 shares

LXU

Dec 31, 2022

Charity

LXU

267 shares

LXU

Dec 31, 2014

Charity

LXU

$378.27K

LXU at $41.00/share

Jun 11, 2014

Sale

LXU

$201.83K

LXU at $40.03/share

Jun 9, 2014

Sale

LXU

$107.99K

LXU at $40.01/share

Jun 5, 2014

Sale

LXU

$171.97K

LXU at $33.72/share

Sep 24, 2013

Sale

LXU

$227.85K

LXU at $39.42/share

Mar 13, 2013

Sale

LXU

$652.84K

LXU at $38.40/share

Mar 4, 2013

Sale

Compensation History

See how much did Barry H. Golsen make over time.

In 2015, Barry Golsen's total compensation was reported at about $2.2 million. This comprised a salary of $554,438, accompanied by other forms of compensation, including a substantial $1.6 million severance payment. Notably, no bonuses were guaranteed that year. Barry's pay reflects the company's strategic focus on attracting and retaining talent while aligning compensation with performance. His payments often consider significant contributions he makes, particularly during transitions in leadership within the company. His financial motivations show an interesting balance between standard executive pay and performance incentives, illustrating the complexities of CEO compensation packages.

Year

2015

Total Compensation

$2.21M

Salary

$554.44K

Board Justification

The compensation philosophy aims to attract, motivate, and retain talented individuals, ensuring that compensation is fair, reasonable, and competitive, while aligning with company performance.

Bonus

$0.00

Board Justification

No annual incentive cash bonus was guaranteed for 2015, and bonus amounts for 2015 have not been determined as of the filing date.

Other

$1.65M

Board Justification

Includes a lump sum cash severance payment of $1,600,000, accrued and unpaid salary of $46,153, transfer of title to the company car valued at $36,388, and continued medical coverage for 18 months.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards vested in 2015 as Mr. Golsen did not receive any stock awards during the year.

Performance Metrics

No specific performance metrics were disclosed for determining Mr. Golsen's compensation in 2015.

Other LSB Industries CEOs

Here are other CEOs of LSB Industries

Daniel D. Greenwell

Ex-CEO of LSB Industries

September 2015 - March 2019