Rakesh Sachdev, born in 1956, has been the CEO of Element Solutions Inc. since January 5, 2016. His career is marked by a strong background in engineering, holding an M.B.A. from Indiana University and a Master’s in Mechanical Engineering from...

Number of Employees

5.3K

Year

2022

Total Compensation

$3.61M

Salary

$1.00M

Board Justification

The compensation program is designed to attract, retain, and reward executives, aligning their interests with stockholder value creation through performance-based incentives.

Bonus

$231.00K

Board Justification

Annual cash incentive awards earned under the Annual Bonus Plan in 2023, based on performance metrics including adjusted EBITDA, free cash flow, and adjusted EPS.

Other

$46.63K

Board Justification

Includes accrued dividend equivalents paid in cash upon vesting of RSU awards, life insurance premiums, and Company contributions to the 401(k) Plan.

Restricted Stock

$2.33M(117.37K PRSUs)

Board Justification

Performance-Based Restricted Stock Units (PRSUs) granted in 2023, vesting based on achievement of adjusted EBITDA CAGR and cash return on investment (CRI) targets.

Performance Metrics

Adjusted EBITDA, adjusted EPS, free cash flow, and individual objectives.

SEC Filing

From April 21, 2023

Rakesh Sachdev

CEO of Element Solutions

E

Education

M.B.A. from Indiana University, Masters in Mechanical Engineering from the University of Illinois, Bachelor's degree in Mechanical Engineering from the Indian Institute of Technology in New Delhi

Field of Expertise

Technology & Engineering - Engineering

Born

January 1, 1956 - 69 years ago

Is Founder?

No

Current Tenure

9 years 0 months (Jan 2016 - Present)

Previous Experience

President and Chief Executive Officer of Sigma-Aldrich Corporation