Patrick S. Williams has been the CEO of Innospec Inc. since April 2009. He was previously the Executive Vice President in charge of the Fuel Specialties division. Patrick’s journey with Innospec started way back in 2005. In his earlier roles,...

Patrick S. Williams has been the CEO of Innospec Inc. since April 2009. He was previously the Executive Vice President in charge of the Fuel Specialties division. Patrick’s journey with Innospec started way back in 2005. In his earlier roles, he played a big part in making the Fuel Specialties business work well. He even led the company in that sector for several years. He has a good track record of tackling challenges and pushing the company forward in tough times. Patrick's focus on transparency and safety in the workplace stands out. He is in charge of a company that places a high importance on caring for people and the environment, aiming to make a positive impact globally. He is also known for engaging with employees and promoting a strong company culture. Thanks to his leadership, Innospec continues to excel in the specialty chemicals industry and remain committed to sustainability initiatives.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Innospec CEOs

I

Patrick S. Williams

CEO of Innospec

Education

MBA from Harvard Business School.

Field of Expertise

Business & Management

Sector of Economy

Basic Materials

Born

September 22, 1961 - 63 years ago

CEO of Innospec for

16 years 0 months (Apr 2009 - Present)

Previous Experience

Executive Vice President and President, Fuel Specialties at Innospec.

Rivals

Competitors/colleagues of Patrick S. Williams

U

Richard M. Adams, Jr.

CEO of United Bankshares

2023 Compensation

Stock

$609.36K

Salary

$1.00M

Bonus

$1.09M

Other

$59.30K

Total Holdings

$6.01M

F

Vincent J. Delie, Jr.

CEO of F.N.B. Corporation

2023 Compensation

Stock

$11.00M

Salary

$1.19M

Bonus

$0.00

Other

$649.18K

Total Holdings

$24.80M

C

Sean D. Keohane

CEO of Cabot Corporation

2023 Compensation

Stock

$0.00

Salary

$1.08M

Bonus

$1.05M

Other

$235.25K

Total Holdings

$31.67M

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

Holdings

See how much did Patrick S. Williams make over time.

Patrick S. Williams has a significant stake in Innospec Inc. Since he took over as CEO in 2009, his holdings have fluctuated, reflecting the company’s performance. At one point, his net worth was closely tied to Innospec’s share price, which...

Patrick S. Williams has a significant stake in Innospec Inc. Since he took over as CEO in 2009, his holdings have fluctuated, reflecting the company’s performance. At one point, his net worth was closely tied to Innospec’s share price, which saw some ups and downs. For instance, his holdings were earlier valued at around several million dollars, but recent reports suggest a decrease as the stock experienced volatility. Still, reports indicate that he continues to hold a substantial amount of shares, showing confidence in the company’s future. This is an embodiment of his belief in the business and its potential for growth, especially with his leadership steering the ship during challenging times.

Loading...

Total Stock Sold

$28.22M

IOSP

$28.22M

427,595 IOSP shares

What if they kept their stock?

If Patrick S. Williams didn't sell their stock, today they would have:
Extra IOSP427,595 shares worth $29.42M.
This is 4.25% and $1.20M more than what they got when they sold the stock.

Insider Trading

See recent insider trades of Patrick S. Williams.

ASIX

$13.11K

ASIX at $22.92/share

Jun 28, 2024

Received

ASIX

4,393 shares

ASIX

Jun 11, 2024

Received

ASIX

$13.10K

ASIX at $28.60/share

Mar 28, 2024

Received

IOSP

$491.25K

IOSP at $124.21/share

Feb 29, 2024

Sale

IOSP

$1.20M

IOSP at $124.42/share

Feb 26, 2024

Sale

IOSP

12,216 shares

IOSP

Feb 26, 2024

Received

IOSP

$1.21M

IOSP at $125.32/share

Feb 26, 2024

Sale

IOSP

$1.20M

IOSP at $124.48/share

Feb 22, 2024

Sale

IOSP

29,001 shares

IOSP

Feb 22, 2024

Received

ASIX

$13.12K

ASIX at $29.36/share

Dec 15, 2023

Received

Compensation History

See how much did Patrick S. Williams make over time.

In 2009, Patrick received a total compensation of approximately $2.8 million, which included a base salary of $675,280 and a bonus of $1,046,500 based on his performance. The bonus highlighted his ability to meet significant corporate targets, even during a tough economic climate. His compensation shows a clear link between performance and rewards at Innospec, ensuring that top executive pay aligns with the company's results. In addition to his salary and bonuses, Patrick receives other forms of compensation, such as pension contributions and benefits. This structure underlines the company’s philosophy of incentivizing leadership through measurable accomplishments, reinforcing the importance of performance metrics in executive roles.

Year

2009

Total Compensation

$1.81M

Salary

$675.28K

Board Justification

The compensation philosophy is designed to align executive compensation with corporate performance and market benchmarks, ensuring retention and motivation of key executives.

Bonus

$1.05M

Board Justification

The bonus awarded is based on 149.5% of salary, with 19.5% due to personal performance and 130% due to business performance, reflecting exceptional results in a difficult economic environment.

Other

$89.03K

Board Justification

Other compensation includes pension contributions, medical insurance, and perquisites such as a car allowance and family travel expenses.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards vested in 2009.

Performance Metrics

The performance metrics for the CEO's bonus are based on corporate operating income and cash flow targets, with significant outperformance leading to higher bonus payouts.

Other Innospec CEOs

Here are other CEOs of Innospec

Paul W. Jennings

Ex-CEO of Innospec

April 2005 - March 2009