Christophe Beck is the CEO of Ecolab, a leading global company in water, hygiene, and energy technologies. He joined Ecolab in 2007 and has climbed the ranks through various leadership roles, recently becoming CEO in 2021. Before joining Ecolab, Beck...

Number of Employees

48K

Year

2023

Total Compensation

$7.64M

Salary

$1.24M

Board Justification

Ecolab's compensation philosophy is designed to support corporate vision and long-term financial objectives, communicate the importance of business results, retain and motivate executives, and reward contributions at a level reflecting performance. The compensation aligns with company performance through metrics like adjusted EPS and enterprise goals.

Bonus

$3.73M

Board Justification

The bonus for Christophe Beck was determined based on the company's performance metrics, including adjusted EPS and enterprise goals. The bonus was capped at 200% of the target due to achieving adjusted diluted EPS above the maximum performance level.

Other

$445.83K

Board Justification

Other compensation includes contributions to retirement plans, life insurance premiums, and perquisites such as personal use of corporate aircraft.

Restricted Stock

$2.21M(11.17K PBRSU)

Board Justification

The vested stock for Christophe Beck includes 11,167 shares acquired upon vesting of performance-based restricted stock units (PBRSUs) for the 2021-2023 performance period, as performance targets were met.

Performance Metrics

The performance metrics for Christophe Beck's compensation in 2023 included adjusted EPS, enterprise goals, and individual performance objectives, with a focus on achieving sustainability goals and creating a diverse, equitable, and inclusive workplace.

SEC Filing

From March 15, 2024

Christophe Beck

CEO of Ecolab

E

Education

Degree in Engineering from the Swiss Federal Institute of Technology

Field of Expertise

Business & Management

Born

January 1, 1971 - 54 years ago

Is Founder?

No

Current Tenure

2 years 8 months (Apr 2022 - Present)

Previous Experience

Executive Vice President and President of Ecolab’s Global Industrial Group