Sundaram Nagarajan is the CEO of Nordson Corporation, taking the reins on August 1, 2019. Before Nordson, he spent 23 years at Illinois Tool Works, climbing the ladder to become the Executive Vice President of the Automotive OEM Segment. Nagarajan...

Sundaram Nagarajan is the CEO of Nordson Corporation, taking the reins on August 1, 2019. Before Nordson, he spent 23 years at Illinois Tool Works, climbing the ladder to become the Executive Vice President of the Automotive OEM Segment. Nagarajan holds a Bachelor's degree in Mechanical Engineering from the University of Madras, giving him a solid technical background. Under his leadership, Nordson focuses on aligning executive compensation with company performance, which means his pay is tied to how well the company does. This year, he earned a total of $1.31 million, which includes his base salary, bonuses, and other benefits. Notably, he has been involved in significant insider trading, selling shares worth over $20 million in a span of several months, showing how invested he is in the company’s success. He also serves on the board of Sonoco Products Company, adding more experience to his portfolio.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Nordson CEOs

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Sundaram Nagarajan

CEO of Nordson

Education

Bachelor's degree in Mechanical Engineering from the University of Madras

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Industrials

Born

January 1, 1963 - 62 years ago

CEO of Nordson for

5 years 8 months (Aug 2019 - Present)

Previous Experience

Executive Vice President at Illinois Tool Works Inc.

Rivals

Competitors/colleagues of Sundaram Nagarajan

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

F

Tamara S. Newcombe

CEO of Fortive

2023 Compensation

Stock

$0.00

Salary

$725.00K

Bonus

$1.26M

Other

$98.75K

Total Holdings

$5.19M

D

Tod E. Carpenter

CEO of Donaldson Company

2022 Compensation

Stock

$0.00

Salary

$1.06M

Bonus

$1.28M

Other

$182.89K

Total Holdings

$29.63M

G

Mark W. Sheahan

CEO of Graco

2023 Compensation

Stock

$0.00

Salary

$985.00K

Bonus

$1.30M

Other

$26.76K

Total Holdings

$6.90M

I

Eric D. Ashleman

CEO of IDEX

2023 Compensation

Stock

$0.00

Salary

$1.00M

Bonus

$828.00K

Other

$320.21K

Total Holdings

$8.48M

L

Christopher L. Mapes

CEO of Lincoln Electric Holdings

2023 Compensation

Stock

$2.59M

Salary

$1.11M

Bonus

$2.78M

Other

$320.35K

Total Holdings

$21.65M

Holdings

See how much did Sundaram Nagarajan make over time.

Sundaram Nagarajan, CEO of Nordson Corporation, has demonstrated a strong connection to his company through significant stock sales. In 2022 alone, he sold shares worth around $4.01 million in October, peaking at $5.45 million in December 2023. Over these months,...

Sundaram Nagarajan, CEO of Nordson Corporation, has demonstrated a strong connection to his company through significant stock sales. In 2022 alone, he sold shares worth around $4.01 million in October, peaking at $5.45 million in December 2023. Over these months, he has consistently sold shares, reflecting confidence in Nordson's market performance but also an active management of his wealth. His holdings have fluctuated widely; at times, he has had millions tied in Nordson stock. Currently, he has about 15,200 unvested shares from performance share units, valued at approximately $3.42 million based on market conditions. This connection to the company underlines his commitment to not only leading but also benefiting from Nordson's growth.

Mar 18, 2025

I

shares

ITW @ $254.64

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shares

NDSN @ $208.53

Total Stock Sold

$18.99M

ITW

$18.99M

186,928 ITW shares

What if they kept their stock?

If Sundaram Nagarajan didn't sell their stock, today they would have:
Extra ITW186,928 shares worth $29.77M.
This is 56.82% and $10.79M more than what they got when they sold the stock.

Insider Trading

See recent insider trades of Sundaram Nagarajan.

NDSN

$188.54K

NDSN at $206.96/share

Jan 6, 2025

Received

NDSN

$1.04M

NDSN at $209.73/share

Dec 20, 2024

Received

NDSN

$2.92M

NDSN at $252.83/share

Jan 8, 2024

Received

NDSN

$1.24M

NDSN at $238.80/share

Dec 1, 2023

Received

NDSN

$1.06M

NDSN at $240.01/share

Dec 1, 2022

Received

Compensation History

See how much did Sundaram Nagarajan make over time.

In 2023, Sundaram Nagarajan earned a total of $1.31 million in compensation, which includes a base salary of $975,000. His bonus was noteworthy at $331,012, tied to the company's performance metrics, such as revenue growth and profit margins. Notably, no stock or options vested this year, as his compensation structure highly focuses on future performance measures. Nagarajan's pay package reflects a philosophy where he gets rewarded based on delivering long-term value to shareholders. In the previous year, his total compensation was $1.67 million, showing a drop as the structure emphasizes performance shares for longer terms, aligning effectively with investor interests. As he implements strategies for growth, this structure is crucial for keeping his focus on Nordson's success.

Year

2023

Total Compensation

$1.42M

Salary

$975.00K

Board Justification

The compensation philosophy emphasizes performance-based pay that aligns with shareholder interests, focusing on long-term value creation and retention of key executives.

Bonus

$331.01K

Board Justification

The Annual Cash Incentive Award is based on performance metrics including organic revenue growth and base business operating profit growth for the fiscal year 2023.

Other

$109.22K

Board Justification

Other compensation includes perquisites such as financial planning, matching contributions to retirement plans, and other noted payments.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards vested in 2023 as the focus is on performance share units and stock options which are not included in this total.

Performance Metrics

Performance metrics include organic revenue growth and base business operating profit growth.

Other Nordson CEOs

Here are other CEOs of Nordson

Michael F. Hilton

Ex-CEO of Nordson

January 2008 - December 2019