Sundar PichaiSundar Pichai earned $164M in 2023
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Daniel H. Leever

Ex-CEO of Element Solutions

Economy Sector

Basic Materials

Tenure

0 years 2 months (Oct 2015 - Dec 2015)

Previous Experience

Chief Executive Officer and President of Platform Specialty Products Corporation

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...

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.