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Mark C. Rohr, the former CEO of Albemarle Corporation, has an impressive background in chemical engineering, holding a degree from the University of Michigan. He took charge of the company in August 2008 and led it until January 2011. Under...

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Mark C. Rohr

Ex-CEO of Celanese Corporation

Education

Bachelor's degree in Chemistry from Hendrix College

Field of Expertise

Manufacturing & Industrial - Chemical

Sector of Economy

Basic Materials

Born

September 1, 1952 - 72 years ago

CEO of Celanese Corporation for

7 years 0 months (Apr 2012 - May 2019)

Previous Experience

Former CEO of Albemarle Corporation

Holdings

See how much did Mark C. Rohr make over time.

Mark C. Rohr had a formidable presence in the stock market through his holdings in Albemarle Corporation. In the years leading up to 2021, he saw his holdings peak at around $64 million, showcasing substantial growth in value. Notably, his...

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Charitable Transactions

ALB

10,000 shares

ALB

Recent Charitable Transactions

ALB

10,000 shares

ALB

Dec 7, 2011

Charity

Insider Trading

See recent insider trades of Mark C. Rohr.

ASH

883 shares

ASH

Jun 2, 2017

Received

ALB

10,000 shares

ALB

Dec 7, 2011

Charity

Compensation History

See how much did Mark C. Rohr make over time.

During his time at Albemarle, Mark C. Rohr’s compensation reflected his role in the company's success. In 2011, his total earnings exceeded $100 million, primarily consisting of performance bonuses tied to effective leadership and strong financial results. For example, a bonus of $3 million was awarded in 2011 based on a stellar performance score of 193%. This heavy reliance on performance-based compensation not only incentivized him to lead the company effectively but also aligned his goals with that of the shareholders. Over several years, his compensation structure included a salary that remained consistent at $900,000, combined with varying bonuses and other benefits as the company navigated through different fiscal landscapes. In essence, his earnings reflected both the company's fortunes and his capabilities as a leader.

Year

2011

Total Compensation

$3.96M

Salary

$900.00K

Board Justification

The compensation philosophy is designed to align executive compensation with the creation of sustained shareholder value, emphasizing performance-based pay and competitive positioning within the industry.

Bonus

$3.00M

Board Justification

The actual bonus amount for 2011 was determined based on the company's performance metrics, achieving a composite score of 193% for the Annual Incentive Plan (AIP).

Other

$58.20K

Board Justification

Other compensation includes contributions to retirement plans, dividends on restricted stock, and other benefits.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock was vested in 2011 as the focus was on performance-based cash incentives.

Performance Metrics

The performance metrics for 2011 included EBIT and cash flow from operations, with a focus on achieving superior financial results.

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