Eric D. Ashleman is the CEO of IDEX Corporation, having stepped into the role in December 2020 after serving as President and Chief Operating Officer. He joined IDEX back in 2008, which means he has over a decade of experience...

Number of Employees

8.8K

Year

2023

Total Compensation

$2.15M

Salary

$1.00M

Board Justification

The compensation philosophy emphasizes pay-for-performance, aligning executive compensation with company performance and shareholder interests, with a significant portion of total compensation tied to performance metrics.

Bonus

$828.00K

Board Justification

Annual cash bonus under the Management Incentive Compensation Plan (MICP) based on performance against pre-determined individual and corporate performance goals.

Other

$320.21K

Board Justification

Includes contributions to the IDEX Corporation Savings Plan and supplemental disability benefits.

Restricted Stock

$0.00(0 PSUs)

Board Justification

No stock awards vested in 2023 as the performance-based stock units (PSUs) granted in 2023 have not yet vested.

Performance Metrics

Adjusted EBITDA, organic sales growth, cash flow conversion, and sustainability metrics.

SEC Filing

From March 26, 2024

Eric D. Ashleman

CEO of IDEX

I

Education

BA and MBA from the University of Michigan

Field of Expertise

Business & Management

Born

January 1, 1967 - 58 years ago

Is Founder?

No

Current Tenure

4 years 0 months (Dec 2020 - Present)

Previous Experience

Senior Vice President and Group Executive at IDEX Corporation