Sundar PichaiSundar Pichai earned $164M in 2023

Seifollah Ghasemi is the CEO of Air Products & Chemicals, Inc. since July 2014. He leads the company with a focus on results and aligning with both company goals and shareholder interests. His background is solid; he has years of...

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Seifollah Ghasemi

CEO of Air Products and Chemicals

Education

M.S. in Mechanical Engineering from Stanford University, undergraduate degree from Abadan Institute of Technology

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Basic Materials

Born

January 1, 1951 - 74 years ago

CEO of Air Products and Chemicals for

10 years 11 months (Jul 2014 - Present)

Previous Experience

Chairman and CEO of Rockwood Holdings, Inc., various positions at GKN plc, and The BOC Group.

Holdings

See how much did Seifollah Ghasemi make over time.

Seifollah Ghasemi's holdings are primarily in Air Products & Chemicals, where he has significant equity positions. Over his tenure, his wealth in stock has fluctuated, peaking as the company saw major growth years. As of the latest reports, Ghasemi had...

Insider Trading

See recent insider trades of Seifollah Ghasemi.

APD

36,922 shares

APD

Nov 29, 2024

Received

APD

17,844 shares

APD

Dec 1, 2023

Received

APD

$2.91M

APD at $264.42/share

Nov 13, 2023

Purchase

APD

$2.52M

APD at $252.34/share

Nov 8, 2023

Purchase

APD

3,785 shares

APD

Dec 2, 2022

Received

APD

16,031 shares

APD

Dec 1, 2022

Received

APD

60,692 shares

APD

Dec 3, 2021

Received

APD

14,855 shares

APD

Dec 1, 2021

Received

APD

79,056 shares

APD

Dec 1, 2020

Received

APD

79,199 shares

APD

Dec 2, 2019

Received

Compensation History

See how much did Seifollah Ghasemi make over time.

In 2023, Seifollah Ghasemi earned a total compensation of approximately $3.77 million. This included a base salary of $1.35 million and performance-based bonuses that comprised a significant part of his earnings, allowing for a total bonus potential of up to 150% of his base salary. His compensation structure emphasizes results and aligns well with the success of Air Products, as demonstrated by his record performance bonuses, like the notable $12.8 million bonus in 2019 which marked a high point in his earnings due to excellent company performance. The structure of his pay is designed to ensure that his interests match those of the shareholders and the company's long-term success, reinforcing his role not just as a leader but also as a key stakeholder in the firm.

Year

2023

Total Compensation

$3.78M

Salary

$1.35M

Board Justification

The compensation philosophy is designed to attract and retain talented management while aligning compensation with performance and shareholder value.

Bonus

$2.03M

Board Justification

Target annual incentive award equal to 150% of base salary, actual awards determined by the Committee based on performance against established targets.

Other

$401.80K

Board Justification

Includes contributions under defined contribution plans, life insurance premiums, and perquisites such as personal use of corporate aircraft and car services.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock vested in 2023 as the vested stock is not included in this report.

Performance Metrics

Performance metrics include adjusted earnings per share and ESG objectives.

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