Paul Manning is the CEO of Sensient Technology Corporation, a company he joined in 2012 and took over as CEO in 2014. He has a Bachelor's degree in Business Administration, which helped him develop expertise in management. In 2023, Manning's...
Paul Manning is the CEO of Sensient Technology Corporation, a company he joined in 2012 and took over as CEO in 2014. He has a Bachelor's degree in Business Administration, which helped him develop expertise in management. In 2023, Manning's total compensation was around $6.2 million, mostly coming from his salary and vested stock units. Notably, he received no bonus this year because performance goals were not fully met. His approach aligns executive pay with performance, emphasizing long-term results rather than short-term gains. Paul is also personally connected to the company's legacy—his father, Kenneth P. Manning, was the previous CEO and now serves as Chairman of the Board. This kind of family transition in corporate leadership is rare but shows continuity in vision and strategy. Under Paul’s leadership, Sensient is focused on growing its core businesses, particularly in flavors and colors, which are vital to the food and beverage industry. The company’s stock performance is still key to his wealth, making performance metrics crucial in his role.