During his tenure, Stephen Angel had substantial personal wealth tied to Linde’s stock. At one point, his holdings included over 400,000 shares, amounting to values around $30 million. These holdings reflect a strong alignment with shareholder interests, as he was...
During his tenure, Stephen Angel had substantial personal wealth tied to Linde’s stock. At one point, his holdings included over 400,000 shares, amounting to values around $30 million. These holdings reflect a strong alignment with shareholder interests, as he was required to maintain significant company stock. His financial strategy involved deferring stock payments, allowing potential growth in value until he chose to cash in. However, after his retirement in March 2022, his holdings began to lessen as he transitioned to cashing in some shares for his retirement benefits, showcasing a methodical approach to personal finance that kept his wealth growing with the company's success. His trust in Linde is evident as he continued to defer stock payouts until the right time.