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,...

Current Market Cap

$2.91B

Number of Employees

2.4K

Total Compensation

2009 - 2009

Trending up by 0.00% last year
Showing total compensation for the last 2009 - 2009

Stock

Up by 0.00% last year

Salary

Up by 0.00% last year

Bonus

Up by 0.00% last year

Other

Up by 0.00% last year

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.

SEC Filing

From March 26, 2010