In 2022, Rakesh Sachdev earned $3.61M in total compensation at Element Solutions, including $1.00M salary, $231.00K bonus and $2.33M in stock. Most recently acquired 970 shares in May 2021. Currently holds stock worth $79.71M. 9+ years at the helm of Element Solutions.
Compensation History
Annual executive compensation data for Rakesh Sachdev, including salary, bonuses, and stock awards.
Year
2022
Total Compensation
$3.61M
Salary
$1.00M
Bonus
$231.00K
Other
$46.63K
Salary
$1.00MBoard Justification
The compensation program is designed to attract, retain, and reward executives, aligning their interests with stockholder value creation through performance-based incentives.
Bonus
$231.00KBoard Justification
Annual cash incentive awards earned under the Annual Bonus Plan in 2023, based on performance metrics including adjusted EBITDA, free cash flow, and adjusted EPS.
Other Compensation
$46.63KBoard Justification
Includes accrued dividend equivalents paid in cash upon vesting of RSU awards, life insurance premiums, and Company contributions to the 401(k) Plan.
Restricted Stock
Board Justification
Performance-Based Restricted Stock Units (PRSUs) granted in 2023, vesting based on achievement of adjusted EBITDA CAGR and cash return on investment (CRI) targets.
Performance Metrics
Adjusted EBITDA, adjusted EPS, free cash flow, and individual objectives.
Rakesh Sachdev
CEO of Element Solutions
Education
M.B.A. from Indiana University, Masters in Mechanical Engineering from the University of Illinois, Bachelor's degree in Mechanical Engineering from the Indian Institute of Technology in New Delhi
Field of Expertise
Technology & Engineering - Engineering
Sector of Economy
Basic Materials
Born
January 1, 1956 - 69 years ago
CEO of Element Solutions for
9 years 11 months (Jan 2016 - Present)
Previous Experience
President and Chief Executive Officer of Sigma-Aldrich Corporation
Other Element Solutions CEOs
Holdings
Track Rakesh Sachdev's stock holdings and portfolio value over time.
Total Stock Sold
$969.09K
$308.64K
28,764 ESI shares
$660.45K
7,000 RBC shares
What if they kept their stock?
If Rakesh Sachdev didn't sell their stock, today they would have:
Extra ESI28,764 shares worth $755.63K and RBC7,000 shares worth $3.10M.
This is 298.12% and $2.89M more than what they got when they sold the stock.
Insider Trading
Rakesh Sachdev's recent stock transactions, purchases, and sales filed with the SEC.
970 shares
RBC
May 6, 2021
Received
2,035 shares
RBC
May 6, 2020
Received
$308.06K
ESI at $10.71/share
Jun 11, 2019
Sale
1,772 shares
RBC
May 8, 2019
Received
1,740 shares
RBC
May 9, 2018
Received
1,549 shares
RBC
May 10, 2017
Received
$523.46K
RBC at $74.78/share
Feb 24, 2017
Sale
2,177 shares
RBC
May 11, 2016
Received
1,600 shares
RBC
May 12, 2015
Received
1,518 shares
RBC
May 7, 2014
Received
Rivals
Compare Rakesh Sachdev with competitor CEOs and industry peers.
Richard J. Tobin
CEO of Dover
2023 Compensation
Stock
$3.25M
Salary
$1.29M
Bonus
$2.00M
Other
$207.19K
Total Holdings
$104.20K
Terrence R. Curtin
CEO of TE Connectivity
2023 Compensation
Stock
$0.00
Salary
$1.30M
Bonus
$2.08M
Other
$368.57K
Total Holdings
$2.18M
Mark J. Costa
CEO of Eastman Chemical
2022 Compensation
Stock
$1.00
Salary
$1.00
Bonus
$1.00
Other
$1.00
Total Holdings
$302.03K
Nicholas Fanandakis
CEO of ITT
2023 Compensation
Stock
$0.00
Salary
$1.09M
Bonus
$0.00
Other
$158.98K
Total Holdings
$3.19M
John T.C. Lee
CEO of MKS Instruments
2023 Compensation
Stock
$0.00
Salary
$950.00K
Bonus
$1.02M
Other
$35.29K
Total Holdings
$12.86M