Surendralal (Lal) L. Karsanbhai is the CEO of Emerson Electric Co., a position he took on February 5, 2021. He previously served as the Executive President of Automation Solutions starting in 2018. Lal has a strong background in engineering and business, with significant roles in various divisions of Emerson over the years, including leadership in Europe and analytical measurement. In 2023, his total compensation exceeded $6.5 million, with a salary of $1.41 million and a huge bonus of $3.6 million due to strong company performance. He received over $11 million in performance shares, reflecting Emerson's policy to tie executive rewards to shareholder returns. His first major act as CEO included receiving 50,000 restricted shares, showing the company's commitment to long-term leadership. Lal is focused on sustainability and improving the company’s human capital, merging Emerson’s goals with modern corporate responsibility. His journey reflects a solid mix of experience, growth, and a commitment to driving Emerson’s core values.

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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 4 months (Feb 2021 - Present)

Previous Experience

Group President - Measurement & Analytical, President Emerson Network Power Europe, Middle East and Africa

Rivals

Competitors/colleagues of Surendralal (Lal) L. Karsanbhai

Craig Arnold

CEO of Eaton Corporation

2023 Compensation

Stock

$18.84M

Salary

$1.44M

Bonus

$0.00

Other

$234.61K

Total Holdings

$23.28M

Kevin J. Wheeler

CEO of A. O. Smith

2023 Compensation

Stock

$0.00

Salary

$1.08M

Bonus

$1.94M

Other

$236.98K

Total Holdings

$6.07M

Vicente Reynal

CEO of Ingersoll Rand

2023 Compensation

Stock

$0.00

Salary

$1.13M

Bonus

$3.43M

Other

$175.95K

Total Holdings

$65.37M

Richard J. Tobin

CEO of Dover

2023 Compensation

Stock

$3.25M

Salary

$1.29M

Bonus

$2.00M

Other

$207.19K

Total Holdings

$69.71M

John H. Stone

CEO of Allegion

2023 Compensation

Stock

$1.38M

Salary

$1.03M

Bonus

$0.00

Other

$9.00K

Total Holdings

$27.03M

Holdings

See how much did Surendralal (Lal) L. Karsanbhai make over time.

Lal Karsanbhai holds a significant amount of stock in Emerson Electric. In particularly notable years, he received large grants of performance shares which are tied to the company's performance. For instance, he had $11.25 million worth of performance shares vesting in 2023, with a payout percentage of 118%. This incentivizes his position as he continues to lead the company. His wealth tied to his stock holdings has experienced fluctuations, reflecting his strong belief in the company's future. In 2021, just after becoming CEO, Lal was granted 50,000 restricted shares meant to vest over ten years, signaling the company's long-term investment in his leadership. His holdings position enhances the alignment of his interests with those of the shareholders. Essentially, Lal’s financial stakes in Emerson Electric are tied closely to his leadership success and the company's performance.

Mar 11, 2025

EMR @ $110.70

Total Stock Sold

$8.48M

EMR

$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 $4.43M.
This is -47.8% and $4.05M less than what they got when they sold the stock.

Charitable Transactions

EMR

211,928 shares

EMR

Recent Charitable Transactions

EMR

84,980 shares

EMR

Nov 7, 2024

Charity

EMR

542 shares

EMR

Jun 28, 2024

Charity

EMR

67,655 shares

EMR

Nov 10, 2023

Charity

EMR

1,475 shares

EMR

Dec 1, 2022

Charity

EMR

19,974 shares

EMR

Nov 16, 2022

Charity

EMR

18,609 shares

EMR

Nov 8, 2021

Charity

Insider Trading

See recent insider trades of Surendralal (Lal) L. Karsanbhai.

EMR

84,980 shares

EMR

Nov 7, 2024

Charity

EMR

84,980 shares

EMR

Nov 7, 2024

Charity

EMR

$6.84M

EMR at $130.51/share

Nov 13, 2024

Sale

EMR

190,863 shares

EMR

Nov 4, 2024

Received

EMR

542 shares

EMR

Jun 28, 2024

Charity

EMR

542 shares

EMR

Jun 28, 2024

Charity

EMR

$248.51K

EMR at $106.02/share

Feb 14, 2024

Sale

EMR

$881.96K

EMR at $88.20/share

Nov 17, 2023

Purchase

EMR

67,655 shares

EMR

Nov 10, 2023

Charity

EMR

67,655 shares

EMR

Nov 10, 2023

Charity

Compensation History

See how much did Surendralal (Lal) L. Karsanbhai make over time.

In 2023, Lal Karsanbhai's total compensation was approximately $6.5 million. This included a base salary of $1.41 million and a substantial cash bonus of about $3.6 million. His bonus was driven by the company's achievements, measured by adjusted earnings per share and cash flow, reflecting a payout of 159.6% of what was initially targeted. Additionally, he earned vested performance shares valued at over $11 million, which are awarded based on meeting specific performance goals. The company's compensation practices emphasize performance alignment, aiming to ensure that leaders are rewarded for delivering strong results. Lal's compensation structure reflects a commitment to motivating long-term growth and shareholder value.

Year

2023

Total Compensation

$16.65M

Salary

$1.41M

Board 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

$3.60M

Board 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

$383.50K

Board Justification

Includes perquisites such as tax and financial planning, leased company car, and personal security costs.

Restricted Stock

$11.25M(123.01K Performance Shares)

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.

Other Emerson Electric CEOs

Here are other CEOs of Emerson Electric

David N. Farr

Ex-CEO of Emerson Electric

January 2005 - February 2021