Sundar PichaiSundar Pichai earned $164M in 2023

Victor L. Richey has been a key player at ESCO Technologies, Inc. since November 2008, bringing his engineering background from the University of Missouri to the forefront of the company's evolving strategies. He carved a career centered on operational excellence,...

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Victor L. Richey

Ex-CEO of ESCO Technologies

Education

Bachelor's degree in Engineering from the University of Missouri.

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Technology

Born

August 7, 1959 - 65 years ago

CEO of ESCO Technologies for

14 years 1 month (Nov 2008 - Jan 2023)

Previous Experience

Previously served in various roles at ESCO Technologies, Inc. since 2008.

Holdings

See how much did Victor L. Richey make over time.

At his peak, Victor L. Richey's holdings reflected a significant investment in ESCO Technologies, with stock awards and RSUs playing a major role in his overall wealth. For instance, in 2023, he had a staggering 22,422 vested RSUs, valued at...

Mar 11, 2025

Total Stock Sold

$2.74M

ESE

$2.66M

66,264 ESE shares

NDSN

$75.31K

924 NDSN shares

What if they kept their stock?

If Victor L. Richey didn't sell their stock, today they would have:
Extra ESE66,264 shares worth $4.99M and NDSN924 shares worth $136.14K.
This is 87.39% and $2.39M more than what they got when they sold the stock.

Charitable Transactions

ESE

36,274 shares

ESE

Recent Charitable Transactions

ESE

13,820 shares

ESE

Jan 3, 2023

Charity

ESE

3,454 shares

ESE

Dec 28, 2021

Charity

ESE

3,000 shares

ESE

Dec 8, 2021

Charity

ESE

2,000 shares

ESE

Dec 2, 2020

Charity

ESE

2,500 shares

ESE

Dec 2, 2019

Charity

ESE

1,125 shares

ESE

Dec 18, 2018

Charity

Insider Trading

See recent insider trades of Victor L. Richey.

NDSN

$158.43K

NDSN at $211.52/share

Nov 1, 2023

Received

ESE

17,241 shares

ESE

Jan 3, 2023

Received

ESE

13,820 shares

ESE

Jan 3, 2023

Charity

NDSN

$164.93K

NDSN at $225.93/share

Nov 1, 2022

Received

ESE

19,537 shares

ESE

May 5, 2022

Received

ESE

3,454 shares

ESE

Dec 28, 2021

Charity

ESE

3,000 shares

ESE

Dec 8, 2021

Charity

ESE

22,262 shares

ESE

Apr 30, 2021

Received

ESE

2,000 shares

ESE

Dec 2, 2020

Charity

Compensation History

See how much did Victor L. Richey make over time.

Victor L. Richey's compensation package was built on a performance-driven philosophy. In 2023, his total compensation included a salary of $549,525, a cash incentive of $534,747, and vested restricted stock units worth $4.2 million and highlighted his strong performance as CEO. This aligns with the compensation strategy aimed at motivating executives to maximize company performance. Notably, during his tenure, he adapted his targets for cash incentives based on the company's financial health, which contributed to ensuring that his pay aligned with ESCO's long-term goals. His compensation reflected both stability and performance, emphasizing a tightly-knit relationship between his role and shareholder interests.

Year

2023

Total Compensation

$5.34M

Salary

$549.53K

Board Justification

The compensation philosophy emphasizes performance-based compensation to align executive pay with the long-term interests of shareholders, with a significant portion of pay being at-risk based on performance metrics.

Bonus

$534.75K

Board Justification

The cash incentive target was prorated for the first quarter of fiscal 2023 at $959,500, then reduced to $487,500 prorated until the end of the transition period on June 30, 2023.

Other

$62.31K

Board Justification

Includes car allowance, financial planning, and other perquisites.

Restricted Stock

$4.20M(22.42K RSU)

Board Justification

The RSUs vested upon his retirement on June 30, 2023, and were distributed in shares on July 3, 2023.

Performance Metrics

Adjusted EPS and Cash Flow from Operating Activities were the key metrics used to determine the cash incentive compensation for 2023.

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