In 2023, Surendralal (Lal) L. Karsanbhai earned $16.65M in total compensation at Emerson Electric, including $1.41M salary, $3.60M bonus and $11.25M in stock. Most recently sold 52,409 shares in Nov 2024. Currently holds stock worth $67.27M. Has donated $29.58M in stock to charitable causes. 4+ years at the helm of Emerson Electric.
Compensation History
Annual executive compensation data for Surendralal (Lal) L. Karsanbhai, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$16.65M
Salary
$1.41M
Bonus
$3.60M
Other
$383.50K
Salary
$1.41MBoard Justification
Emerson's compensation philosophy is to align executive compensation with company performance, shareholder interests, and market-based pay practices. The compensation structure is designed to incentivize long-term performance and value creation for shareholders.
Bonus
$3.60MBoard Justification
The annual cash incentive for 2023 was determined based on the company's progress towards objective pay criteria utilizing adjusted EPS, operating cash flow, and non-financial metrics. The actual payout was 159.6% of the target opportunity, resulting in a bonus of $3,600,576.
Other Compensation
$383.50KBoard Justification
Includes perquisites such as tax and financial planning, leased company car, and personal security costs.
Restricted Stock
Board Justification
Performance shares vested for the period ending September 30, 2023, with a payout percentage of 118% of the previously awarded shares under the formula.
Performance Metrics
The performance metrics for determining the CEO's compensation in 2023 included adjusted EPS, operating cash flow, and non-financial metrics related to sustainability and human capital management goals.
Surendralal (Lal) L. Karsanbhai
CEO of Emerson Electric
Education
Not specified
Field of Expertise
Technology & Engineering - Engineering
Sector of Economy
Industrials
Born
January 1, 1970 - 55 years ago
CEO of Emerson Electric for
4 years 10 months (Feb 2021 - Present)
Previous Experience
Group President - Measurement & Analytical, President Emerson Network Power Europe, Middle East and Africa
Other Emerson Electric CEOs
Holdings
Track Surendralal (Lal) L. Karsanbhai's stock holdings and portfolio value over time.
Total Stock Sold
$8.48M
$8.48M
73,205 EMR shares
What if they kept their stock?
If Surendralal (Lal) L. Karsanbhai didn't sell their stock, today they would have:
Extra EMR73,205 shares worth $10.22M.
This is 20.49% and $1.74M more than what they got when they sold the stock.
Charitable Transactions
211,928 shares
EMR
Recent Charitable Transactions
84,980 shares
EMR
Nov 7, 2024
Charity
542 shares
EMR
Jun 28, 2024
Charity
67,655 shares
EMR
Nov 10, 2023
Charity
1,475 shares
EMR
Dec 1, 2022
Charity
19,974 shares
EMR
Nov 16, 2022
Charity
18,609 shares
EMR
Nov 8, 2021
Charity
Insider Trading
Surendralal (Lal) L. Karsanbhai's recent stock transactions, purchases, and sales filed with the SEC.
84,980 shares
EMR
Nov 7, 2024
Charity
84,980 shares
EMR
Nov 7, 2024
Charity
$6.84M
EMR at $130.51/share
Nov 13, 2024
Sale
190,863 shares
EMR
Nov 4, 2024
Received
542 shares
EMR
Jun 28, 2024
Charity
542 shares
EMR
Jun 28, 2024
Charity
$248.51K
EMR at $106.02/share
Feb 14, 2024
Sale
$881.96K
EMR at $88.20/share
Nov 17, 2023
Purchase
67,655 shares
EMR
Nov 10, 2023
Charity
67,655 shares
EMR
Nov 10, 2023
Charity
Rivals
Compare Surendralal (Lal) L. Karsanbhai with competitor CEOs and industry peers.
Kevin J. Wheeler
CEO of A. O. Smith
2023 Compensation
Stock
$0.00
Salary
$1.08M
Bonus
$1.94M
Other
$236.98K
Total Holdings
$15.83M
Vicente Reynal
CEO of Ingersoll Rand
2023 Compensation
Stock
$0.00
Salary
$1.13M
Bonus
$3.43M
Other
$175.95K
Total Holdings
$49.37M
Richard J. Tobin
CEO of Dover
2023 Compensation
Stock
$3.25M
Salary
$1.29M
Bonus
$2.00M
Other
$207.19K
Total Holdings
$104.20K
John H. Stone
CEO of Allegion
2023 Compensation
Stock
$1.38M
Salary
$1.03M
Bonus
$0.00
Other
$9.00K
Total Holdings
$33.20M