In 2008, Herbert L. Henkel earned $4.23M in total compensation at Ingersoll Rand, including $1.28M salary, $1.43M bonus and $1.00M in stock. Led Ingersoll Rand as CEO for 9 years.
Compensation History
Annual executive compensation data for Herbert L. Henkel, including salary, bonuses, and stock awards.
Year
2008
Total Compensation
$4.23M
Salary
$1.28M
Bonus
$1.43M
Other
$525.27K
Salary
$1.28MBoard Justification
The compensation philosophy emphasizes pay for performance, aligning executive compensation with company performance and shareholder interests.
Bonus
$1.43MBoard Justification
The AIM award for 2008 was based on performance metrics including EPS and ACF, resulting in a payout of $1,425,000, which was approximately 36% below the target award level established for 2008.
Other Compensation
$525.27KBoard Justification
Other compensation includes perquisites such as company aircraft usage, financial counseling, and health benefits, totaling $525,269.
Restricted Stock
Board Justification
The PSP award for 2008 was based on performance metrics, with 55,200 shares awarded based on the actual performance against targets.
Performance Metrics
The performance metrics for 2008 included Earnings Per Share (EPS) and Available Cash Flow (ACF), with actual performance falling below targets.
Herbert L. Henkel
Ex-CEO of Ingersoll Rand
Education
Bachelor's degree in Mechanical Engineering from the University of Michigan.
Field of Expertise
Technology & Engineering - Engineering
Sector of Economy
Industrials
Born
September 7, 1950 - 75 years ago
CEO of Ingersoll Rand for
9 years 11 months (Jan 2001 - Dec 2010)
Previous Experience
Chairman, President and Chief Executive Officer of Ingersoll Rand Company Limited from 2001 to 2010.
Other Ingersoll Rand CEOs
Holdings
Track Herbert L. Henkel's stock holdings and portfolio value over time.
Insider Trading
Herbert L. Henkel's recent stock transactions, purchases, and sales filed with the SEC.
No insider trades found for this CEO.
Rivals
Compare Herbert L. Henkel with competitor CEOs and industry peers.
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