Kenneth P. Manning has been a key figure in the development of Sensient Technologies Corporation, having joined the company in 1987 as Group Vice President. He climbed the ranks quickly, becoming the CEO in 1996 and serving until 2014. Under...

Kenneth P. Manning has been a key figure in the development of Sensient Technologies Corporation, having joined the company in 1987 as Group Vice President. He climbed the ranks quickly, becoming the CEO in 1996 and serving until 2014. Under his leadership, Sensient expanded its global footprint and ventured into new high-performance ingredients markets for food, cosmetics, and pharmaceuticals. He has a solid educational background, holding an MBA from a reputed institution, which supports his management expertise. One noteworthy aspect of his tenure is his compensation, which peaked in 2012 at around $6.1 million, including a significant portion tied to performance metrics related to company earnings and growth. After retiring as CEO, he remained with Sensient as the Chairman of the Board, highlighting his ongoing commitment to the company. Manning's strategic decisions over the years have played a crucial role in shaping Sensient's business trajectory, reflecting a blend of vision and practical management.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Sensient Technology CEOs

S

Kenneth P. Manning

Ex-CEO of Sensient Technology

Education

Bachelor's degree in Chemistry from the University of Wisconsin

Field of Expertise

Business & Management

Sector of Economy

Basic Materials

Born

November 15, 1943 - 81 years ago

CEO of Sensient Technology for

18 years 1 month (Jan 1996 - Feb 2014)

Previous Experience

Various executive roles at Sensient Technologies

Rivals

Competitors/colleagues of Kenneth P. Manning

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

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 Kenneth P. Manning make over time.

During his time at Sensient Technologies, Kenneth P. Manning's holdings in the company varied significantly. At one point, he held over 123,000 shares of restricted stock, valued at around $2.4 million based on a closing price of $19.77 per share....

During his time at Sensient Technologies, Kenneth P. Manning's holdings in the company varied significantly. At one point, he held over 123,000 shares of restricted stock, valued at around $2.4 million based on a closing price of $19.77 per share. His stake in the company showed substantial fluctuations over the years, peaking around 2012 with a total compensation of $6.1 million, where a large portion was tied to performance targets. His holdings diminished after he retired in 2014 but still reflect his long-term commitment to Sensient. As of his retirement, the value of his holdings had changed, but they remained a critical part of his wealth portfolio throughout his career at Sensient.

Total Stock Sold

$6.42M

SXT

$6.42M

171,423 SXT shares

What if they kept their stock?

If Kenneth P. Manning didn't sell their stock, today they would have:
Extra SXT171,423 shares worth $7.34M.
This is 14.27% and $916.17K more than what they got when they sold the stock.

Charitable Transactions

SXT

120 shares

SXT

Recent Charitable Transactions

SXT

120 shares

SXT

Dec 5, 2013

Charity

Insider Trading

See recent insider trades of Kenneth P. Manning.

SXT

1,302 shares

SXT

Apr 23, 2015

Received

SXT

1,800 shares

SXT

Apr 24, 2014

Received

SXT

$820.20K

SXT at $48.97/share

Dec 5, 2013

Sale

SXT

33,500 shares

SXT

Dec 5, 2013

Received

SXT

120 shares

SXT

Dec 5, 2013

Charity

SXT

$1.59M

SXT at $35.44/share

Dec 6, 2012

Sale

SXT

90,000 shares

SXT

Dec 6, 2012

Received

SXT

$1.65M

SXT at $36.69/share

Dec 8, 2011

Sale

SXT

90,000 shares

SXT

Dec 8, 2011

Received

SXT

$843.78K

SXT at $39.20/share

Jul 25, 2011

Sale

Compensation History

See how much did Kenneth P. Manning make over time.

Kenneth P. Manning's compensation during his years at Sensient Technologies highlights a performance-driven approach. In 2010, his total compensation was about $1.2 million, which included a salary of $957,000 and a bonus that was contingent upon achieving the company's financial targets. His most lucrative year was 2012, where he earned approximately $6.1 million, significantly driven by bonuses tied to earnings performance and other metrics. His base salary gradually increased from $783,000 in 2005 to over $1 million by 2014, aligning with Sensient's overall performance and growth in shareholder value. After retiring as CEO, Manning transitioned to the role of non-employee Chairman, which brought him an annual compensation of around $850,000, demonstrating the continued recognition of his contributions to the company even after stepping down from the CEO position.

Year

2014

Total Compensation

$1.34M

Salary

$218.29K

Board Justification

The compensation program is designed to attract, motivate, and retain key executives while aligning their interests with those of shareholders through performance-based incentives.

Bonus

$0.00

Board Justification

Eligible for an annual bonus payment based on performance, with a target of 85% of base salary.

Other

$1.02M

Board Justification

Includes director's fees, advisory fees, and other benefits such as financial planning and automobile use.

Restricted Stock

$98.23K(1.8K Restricted Stock)

Board Justification

Restricted stock awarded to directors which vest in increments of one-third of the total grant on each of the first, second, and third anniversaries of the date of grant.

Performance Metrics

Performance metrics for 2014 included earnings per share, gross profit as a percentage of revenue, and cash flow.

Other Sensient Technology CEOs

Here are other CEOs of Sensient Technology

Paul Manning

CEO of Sensient Technology

February 2014 - Present