Dr. Philip J. Boon has been at the helm of Innospec Inc. since 2015, serving as CEO and bringing over 25 years of experience in the specialty chemicals industry. His journey in the company began back in 1997, and he...

Current Market Cap

$2.91B

Number of Employees

2.4K

Total Compensation

2019 - 2023

Trending down by -2.08% last year
Showing total compensation for the last 2019 - 2023

Stock

Down by -12.19% last year

Salary

Up by 4.25% last year

Bonus

Up by 0.00% last year

Other

Up by 5.18% last year

Year

2023

Total Compensation

$872.53K

Salary

$437.09K

Board Justification

The compensation philosophy is to link executive compensation to corporate performance and stockholder value, while attracting and retaining executive talent.

Bonus

$0.00

Board Justification

No bonus was awarded in 2023.

Other

$128.07K

Board Justification

Includes pension allowance, retirement contributions, healthcare insurances, and other benefits.

Restricted Stock

$307.37K(307.37K RSU)

Board Justification

Full value stock awards granted under the Omnibus Plan, based on performance metrics including revenue growth and total shareholder return, that vested in 2023.

Performance Metrics

Performance metrics for 2023 included corporate operating income, free cash flow, and personal objectives.

SEC Filing

From March 28, 2024