Sundar PichaiSundar Pichai earned $164M in 2023

Paul W. Jennings served as the President and CEO of Innospec from 2005 until 2009. He has a background in the chemicals sector, starting his career at Octel Corp. in 2002 as Chief Financial Officer. Jennings took the helm at...

Quick Links
I

Paul W. Jennings

Ex-CEO of Innospec

Education

Bachelor's degree in Chemical Engineering from University of Manchester.

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Basic Materials

Born

June 15, 1954 - 70 years ago

CEO of Innospec for

3 years 11 months (Apr 2005 - Mar 2009)

Previous Experience

Various executive roles within Innospec and other chemical companies.

Holdings

See how much did Paul W. Jennings make over time.

During his time at Innospec, Paul W. Jennings' financial interests were closely tied to the company's stock performance. Notably, at the end of 2008, he held shares valued at 186.1% of his salary, showing a strong commitment to his stake...

Loading...

Insider Trading

See recent insider trades of Paul W. Jennings.

No insider trades found for this CEO.

Compensation History

See how much did Paul W. Jennings make over time.

In 2009, Paul Jennings' total compensation at Innospec was $166,328, a drop from the previous years partly due to his resignation before the fiscal year ended. In 2008, his earnings peaked at about $1.4 million, which included a significant bonus of $405,814. The structure of his pay highlighted performance metrics based on corporate success. However, his resignation meant missing out on potential future earnings, including incentives linked to stock grants. Notably, he didn't receive a bonus in 2009 despite a target bonus structure designed to reward strong achievements. The compensation he received reflected both his past contributions and the unexpected transition, which is a crucial part of corporate management planning.

Year

2009

Total Compensation

$335.76K

Salary

$164.39K

Board Justification

The compensation philosophy for the CEO aligns with corporate performance and market benchmarks, ensuring competitive compensation to retain talent while rewarding performance.

Bonus

$0.00

Board Justification

The bonus structure for the CEO is based on corporate targets and personal objectives, with a target bonus of 65% of salary. However, Mr. Jennings did not receive a bonus for 2009 as he resigned before the end of the fiscal year.

Other

$149.85K

Board Justification

Mr. Jennings received a total of $149,854 from the pension plan during 2009, which is included in 'All Other Compensation.'

Restricted Stock

$21.52K(5.33K common stock)

Board Justification

5,326 shares of stock vested in 2009, valued at $21,517 based on the market price at the time of vesting.

Performance Metrics

The performance metrics for determining the CEO's compensation include corporate operating income and cash flow targets.

Other Innospec CEOs

Here are other CEOs of Innospec