Sanjiv Lamba is the CEO of Linde plc, a major player in the global industrial gases market, having taken the role in March 2022 after years of extensive experience within the company. He kicked off his career at BOC in...

Sanjiv Lamba is the CEO of Linde plc, a major player in the global industrial gases market, having taken the role in March 2022 after years of extensive experience within the company. He kicked off his career at BOC in India back in 1989 and joined Linde through its merger with Praxair. He has held multiple leadership roles, including Chief Operating Officer and Executive Vice President for the Asia-Pacific region. His compensation for 2023 was about $19.8 million, which reflects Linde's focus on performance-based rewards. He also has significant stock holdings in Linde, valued at over $64 million as of March 2023, showing his commitment to the company’s success. Under his leadership, Linde continues to prioritize sustainability, aiming to cut greenhouse gas emissions and invest in clean energy. His strong strategic framework focuses on expanding Linde's global footprint and fostering innovation in the industrial gas sector. He has a clear focus on aligning the company’s financial targets with its sustainability goals, a move that's increasingly important in today's market.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Linde CEOs

L

Sanjiv Lamba

CEO of Linde

Field of Expertise

Business & Management

Sector of Economy

Basic Materials

Born

January 1, 1964 - 61 years ago

CEO of Linde for

3 years 1 month (Mar 2022 - Present)

Previous Experience

Chief Operating Officer of Linde plc and various leadership roles including Executive Vice President APAC, Head of Regional Business units (South & South East Asia) and Managing Director India.

Rivals

Competitors/colleagues of Sanjiv Lamba

A

Jim Cracchiolo

CEO of Ameriprise Financial

2023 Compensation

Stock

$0.00

Salary

$1.25M

Bonus

$8.38M

Other

$0.00

Total Holdings

$101.57M

Holdings

See how much did Sanjiv Lamba make over time.

As of March 2023, Sanjiv Lamba had substantial stock holdings in Linde valued at over $64 million. This strong financial stake in the company highlights his commitment to aligning with shareholder interests. Over the past year, his stock performance echoes...

As of March 2023, Sanjiv Lamba had substantial stock holdings in Linde valued at over $64 million. This strong financial stake in the company highlights his commitment to aligning with shareholder interests. Over the past year, his stock performance echoes a consistent growth trajectory, reflecting Linde's robust market position in industrial gases. Notably, he is required to maintain stock holdings worth at least six times his base salary, reinforcing his deep investment in Linde's future. Historically, his wealth has significantly fluctuated, with earlier valuations dipping and rising based on market conditions, but he remains a key figure with a large portion of his net worth tied to Linde. This demonstrates his belief in the company’s long-term potential and strategic direction.

Loading...

Total Stock Sold

$4.02M

LIN

$4.02M

9,189 LIN shares

What if they kept their stock?

If Sanjiv Lamba didn't sell their stock, today they would have:
Extra LIN9,189 shares worth $1.62M.
This is -59.82% and $2.41M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Sanjiv Lamba.

LIN

$3.84M

LIN at $462.04/share

Mar 6, 2024

Sale

LIN

$1.01M

LIN at $268.62/share

Mar 8, 2022

Purchase

LIN

$6.34K

LIN at $302.13/share

May 25, 2021

Sale

LIN

$165.47K

LIN at $191.97/share

May 18, 2020

Sale

LIN

$340.50K

LIN at $179.21/share

May 15, 2019

Purchase

Compensation History

See how much did Sanjiv Lamba make over time.

Sanjiv Lamba's total compensation for 2023 was approximately $19.8 million. This includes a base salary of $1.375 million and a performance-based bonus of $3.5 million. A significant portion, over $6 million, came from vested stock tied to company performance. Linde's compensation strategy emphasizes rewarding leadership based on achieving financial goals and sustainability targets. The incentives are designed to attract and retain top talent while ensuring their interests match those of the shareholders. Linde's approach to compensation reflects their performance culture, where executives are encouraged to drive not just profitability but also strategic initiatives that support environmental goals. In comparison to previous years, Lamba's compensation has seen a rise due to his leadership performance during challenging times.

Year

2023

Total Compensation

$11.05M

Salary

$1.38M

Board Justification

The compensation philosophy aims to attract and retain top executive talent while aligning their interests with those of shareholders through performance-based incentives and equity ownership.

Bonus

$3.48M

Board Justification

Performance-based variable compensation based on the Company's financial performance and strategic goals for 2023.

Other

$185.57K

Board Justification

Includes matching contributions to the 401(k) plan and other benefits.

Restricted Stock

$6.01M(17.36K RSU)

Board Justification

PSUs and RSUs that vested in 2023 based on performance criteria established for the 2021-2023 period.

Performance Metrics

Key performance metrics include sales growth, net income, operating cash flow, and strategic non-financial goals related to sustainability and corporate values.

Other Linde CEOs

Here are other CEOs of Linde

Stephen F. Angel

Ex-CEO of Linde

October 2018 - March 2022