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...

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 the University of Illinois. Before joining Element Solutions, he was the President and CEO of Sigma-Aldrich Corporation, where he enhanced the company's international presence. His tenure at different leadership roles, including Chief Financial Officer at Cummins, showcases his expertise in driving performance. Under his leadership, Element Solutions has focused on performance-based metrics to ensure growth and shareholder value.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Element Solutions CEOs

E

Rakesh Sachdev

CEO of Element Solutions

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

Sector of Economy

Basic Materials

Born

January 1, 1956 - 69 years ago

CEO of Element Solutions for

9 years 3 months (Jan 2016 - Present)

Previous Experience

President and Chief Executive Officer of Sigma-Aldrich Corporation

Rivals

Competitors/colleagues of Rakesh Sachdev

D

Richard J. Tobin

CEO of Dover

2023 Compensation

Stock

$3.25M

Salary

$1.29M

Bonus

$2.00M

Other

$207.19K

Total Holdings

$69.71M

T

Terrence R. Curtin

CEO of TE Connectivity

2023 Compensation

Stock

$0.00

Salary

$1.30M

Bonus

$2.08M

Other

$368.57K

Total Holdings

$16.53M

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

E

Mark J. Costa

CEO of Eastman Chemical

2022 Compensation

Stock

$1.00

Salary

$1.00

Bonus

$1.00

Other

$1.00

Total Holdings

$45.48M

I

Nicholas Fanandakis

CEO of ITT

2023 Compensation

Stock

$0.00

Salary

$1.09M

Bonus

$0.00

Other

$158.98K

Total Holdings

$1.45M

Holdings

See how much did Rakesh Sachdev make over time.

Rakesh Sachdev's insider trading activity shows that he has a significant interest in Element Solutions. His holdings peaked in late 2021 at around $20.46 million, reflecting confidence in the company's direction. The fluctuations have been noticeable, with values dropping slightly...

Rakesh Sachdev's insider trading activity shows that he has a significant interest in Element Solutions. His holdings peaked in late 2021 at around $20.46 million, reflecting confidence in the company's direction. The fluctuations have been noticeable, with values dropping slightly to around $16 million by late 2022. However, his holdings consistently remain high, indicating a strong belief in the company's long-term prospects.

Total Stock Sold

$835.39K

ESI

$308.64K

28,764 ESI shares

RBC

$526.75K

7,000 RBC shares

What if they kept their stock?

If Rakesh Sachdev didn't sell their stock, today they would have:
Extra ESI28,764 shares worth $238.45K and RBC7,000 shares worth $493.78K.
This is -12.35% and $103.15K less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Rakesh Sachdev.

RBC

970 shares

RBC

May 6, 2021

Received

RBC

2,035 shares

RBC

May 6, 2020

Received

ESI

$308.06K

ESI at $10.71/share

Jun 11, 2019

Sale

RBC

1,772 shares

RBC

May 8, 2019

Received

RBC

1,740 shares

RBC

May 9, 2018

Received

RBC

1,549 shares

RBC

May 10, 2017

Received

RBC

$523.46K

RBC at $74.78/share

Feb 24, 2017

Sale

RBC

2,177 shares

RBC

May 11, 2016

Received

RBC

1,600 shares

RBC

May 12, 2015

Received

RBC

1,518 shares

RBC

May 7, 2014

Received

Compensation History

See how much did Rakesh Sachdev make over time.

In 2022, Rakesh Sachdev's total compensation was approximately $4.78 million. This included a base salary of $1 million, a cash bonus of $231,000 based on performance metrics, and over $2.3 million from vested stock. His compensation had seen a peak of about $11.81 million in 2016, largely due to a special equity grant during his hiring. This illustrates how his pay is closely tied to the company’s performance.

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.