Daniel H. Leever served as the Chief Executive Officer of Element Solutions Inc. until December 2015. He had a significant impact during his tenure and announced his retirement effective immediately after appointing his successor. Lauded for his role in the...

Daniel H. Leever served as the Chief Executive Officer of Element Solutions Inc. until December 2015. He had a significant impact during his tenure and announced his retirement effective immediately after appointing his successor. Lauded for his role in the leadership transition, he followed a path from vice chairman at Platform Specialty Products Corporation to CEO, showcasing a blend of strategic insight and adaptability. During his term at Element Solutions, he earned a total compensation of approximately $1.4 million in 2015, primarily from his salary and bonus. Notably, the bonus was about 62.5% of the target due to performance metrics. Interestingly, he had no stock awards or options awarded in that year but had a solid pension plan and severance agreements in place. Leever's leadership style appeared to resonate, steering the company through critical developments while ensuring the success of his team, reflecting a common trend among effective CEOs. His journey displays a blend of commitment to company goals and personal milestones as he transitioned to retirement status.

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1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Element Solutions CEOs

E

Daniel H. Leever

Ex-CEO of Element Solutions

Sector of Economy

Basic Materials

CEO of Element Solutions for

0 years 2 months (Oct 2015 - Dec 2015)

Previous Experience

Chief Executive Officer and President of Platform Specialty Products Corporation

Rivals

Competitors/colleagues of Daniel H. Leever

D

Richard J. Tobin

CEO of Dover

2023 Compensation

Stock

$3.25M

Salary

$1.29M

Bonus

$2.00M

Other

$207.19K

Total Holdings

$69.71M

T

Terrence R. Curtin

CEO of TE Connectivity

2023 Compensation

Stock

$0.00

Salary

$1.30M

Bonus

$2.08M

Other

$368.57K

Total Holdings

$16.53M

M

Douglas T. Dietrich

CEO of Minerals Technologies

2021 Compensation

Stock

$0.00

Salary

$1.00M

Bonus

$1.84M

Other

$47.12K

Total Holdings

$15.45M

E

Mark J. Costa

CEO of Eastman Chemical

2022 Compensation

Stock

$1.00

Salary

$1.00

Bonus

$1.00

Other

$1.00

Total Holdings

$45.48M

I

Nicholas Fanandakis

CEO of ITT

2023 Compensation

Stock

$0.00

Salary

$1.09M

Bonus

$0.00

Other

$158.98K

Total Holdings

$1.45M

Holdings

See how much did Daniel H. Leever make over time.

During his time at Element Solutions, Daniel H. Leever held no significant stock options or equity awards in 2015, reflecting a period of strategic decision-making rather than accumulation of wealth through stock options. This was a notable shift, as he...

During his time at Element Solutions, Daniel H. Leever held no significant stock options or equity awards in 2015, reflecting a period of strategic decision-making rather than accumulation of wealth through stock options. This was a notable shift, as he was part of previous leadership roles with substantial pension benefits. His previous career highlights included restructuring efforts that effectively shaped the company's direction. In 2015, he had a diverse financial backdrop, which included his pension plan from earlier career stages. Despite the lack of stock awards during his final year, the transition he executed was star-studded with benefits secured from his time in senior roles, outlining a wealth strategy that emphasized secure compensation over market risks. This indicates a careful approach to personal finance, favoring stability at a critical career juncture.

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Insider Trading

See recent insider trades of Daniel H. Leever.

No insider trades found for this CEO.

Compensation History

See how much did Daniel H. Leever make over time.

In 2015, Daniel H. Leever's total compensation reached around $1.39 million, split between a base salary of $824,076 and additional cash bonuses amounting to $515,048. His bonus payout was tied to specific performance metrics, resulting in receiving 62.5% of the maximum potential due to the company's management objectives. Notably, he did not receive any stock options or equity awards in that year, which is unusual for a CEO at that level of performance. His compensation plan was designed to attract and retain skilled executives while aligning their goals with those of the shareholders. The absence of vested stock or options further emphasizes a focus on immediate financial reward and stability during his transition out of the company, given his upcoming retirement plans.

Year

2015

Total Compensation

$1.34M

Salary

$824.08K

Board Justification

The compensation program is designed to attract, retain, and motivate skilled executives, aligning their interests with those of shareholders, while adhering to regulatory constraints on performance-based compensation due to the Incentive Compensation Prohibition.

Bonus

$0.00

Board Justification

The short-term compensation payment for 2015 was based on management objectives, with a maximum payout of 200% of base salary, but actual payout was 62.5% of the target amount due to performance metrics.

Other

$515.05K

Board Justification

This amount represents the cash bonus earned based on the 2015 Management Objectives, which was 62.5% of the target bonus based on performance metrics.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards were granted in 2015; previous grants were not vested in 2015.

Performance Metrics

The performance metrics for the 2015 short-term compensation included various management objectives related to operational and strategic initiatives.