Sundar PichaiSundar Pichai earned $164M in 2023

Andrew N. Liveris has been a prominent figure at Dow Inc., a major global chemical company, where he served as CEO from 2004 to 2016. With a career that started at Dow in 1976, Liveris climbed the ranks working in...

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Andrew N. Liveris

Ex-CEO of Dow

Education

Bachelor's degree in chemical engineering from the University of Queensland, Brisbane, Australia

Sector of Economy

Basic Materials

Born

May 5, 1954 - 70 years ago

CEO of Dow for

12 years 7 months (Nov 2004 - Jun 2017)

Previous Experience

President and Chief Operating Officer of Dow, President of Dow's Performance Chemicals business, Vice President of Dow's Specialty Chemicals business

Holdings

See how much did Andrew N. Liveris make over time.

During Andrew Liveris's time at Dow, he exhibited notable fluctuations in his stock holdings, especially during years of significant mergers and acquisitions that reshaped the company. Most of his wealth was tied to Dow stocks, particularly peaking around the merger...

Mar 17, 2025

Insider Trading

See recent insider trades of Andrew N. Liveris.

LCID

96,822 shares

LCID

Jun 4, 2024

Received

LCID

32,258 shares

LCID

Apr 24, 2023

Received

LCID

9,825 shares

LCID

Jun 9, 2022

Received

LCID

11,206 shares

LCID

Oct 25, 2021

Received

LCID

535,275 shares

LCID

Jul 23, 2021

Received

IBM

$299.80K

IBM at $112.92/share

Nov 2, 2020

Purchase

DOW

51,890 shares

DOW

Feb 10, 2017

Received

DOW

1,000 shares

DOW

Feb 9, 2017

Charity

DOW

68,000 shares

DOW

Nov 29, 2016

Charity

DOW

4,083 shares

DOW

May 25, 2016

Charity

Compensation History

See how much did Andrew N. Liveris make over time.

Andrew Liveris's compensation at Dow was heavily influenced by his performance and that of the company. In his peak year of 2016, his total earnings reached around $19.4 million. This included a base salary of $1.9 million, a bonus of nearly $4 million based on achieving specific financial goals, and significant amounts from vested stocks, valued at approximately $16.6 million. His pay structure emphasized performance-based components, where the majority of his income was linked to measurable outcomes. This approach not only rewarded him for his leadership but also ensured that his financial success was tied to the company’s performance, motivating him to make decisions that favored long-term growth and shareholder value.

Year

2016

Total Compensation

$23.14M

Salary

$1.93M

Board Justification

Dow's compensation philosophy is to align executives' compensation with the company's short-term and long-term financial and operational performance, and to provide a framework to attract, retain, and motivate key executives critical to achieving Dow's vision and strategy.

Bonus

$3.96M

Board Justification

The bonus is part of the Annual Performance Award, which is an annual cash incentive program. The 2016 Performance Award focused on critical financial and operational goals, with a company component payout of 113% of the target and an individual performance factor of 110%, resulting in a total payout of 124% of the target amount.

Other

$630.38K

Board Justification

Includes personal use of Company aircraft ($425,785), Company contributions to savings plans ($89,189), financial and tax planning ($63,499), Company provided automobile ($23,219), and tax reimbursement ($21,642).

Restricted Stock

$16.62M(354.08K Common Stock)

Board Justification

The vested stock includes shares from the 2013-2015 Performance Share program and the 2012 Deferred Stock grants with 3-year vesting.

Performance Metrics

Performance metrics include Relative TSR, Operating ROC, Operating Net Income, and Management Operating Cash Flow.

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