Linde Management

Management criteria checks 3/4

Linde's CEO is Sanjiv Lamba, appointed in Mar 2022, has a tenure of 2.08 years. total yearly compensation is $14.60M, comprised of 8.5% salary and 91.5% bonuses, including company stock and options. directly owns 0.014% of the company’s shares, worth €28.23M. The average tenure of the management team and the board of directors is 2.3 years and 5.5 years respectively.

Key information

Sanjiv Lamba

Chief executive officer

US$14.6m

Total compensation

CEO salary percentage	8.5%
CEO tenure	2.1yrs
CEO ownership	0.01%
Management average tenure	2.3yrs
Board average tenure	5.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Sanjiv Lamba's remuneration changed compared to Linde's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	US$6b
Sep 30 2023	n/a	n/a	US$6b
Jun 30 2023	n/a	n/a	US$6b
Mar 31 2023	n/a	n/a	US$4b
Dec 31 2022	US$15m	US$1m	US$4b
Sep 30 2022	n/a	n/a	US$4b
Jun 30 2022	n/a	n/a	US$4b
Mar 31 2022	n/a	n/a	US$4b
Dec 31 2021	US$13m	US$949k	US$4b
Sep 30 2021	n/a	n/a	US$4b
Jun 30 2021	n/a	n/a	US$3b
Mar 31 2021	n/a	n/a	US$3b
Dec 31 2020	US$5m	US$758k	US$2b
Sep 30 2020	n/a	n/a	US$2b
Jun 30 2020	n/a	n/a	US$2b
Mar 31 2020	n/a	n/a	US$2b
Dec 31 2019	US$7m	US$740k	US$2b
Sep 30 2019	n/a	n/a	US$5b
Jun 30 2019	n/a	n/a	US$4b
Mar 31 2019	n/a	n/a	US$4b
Dec 31 2018	US$4m	US$765k	US$4b

Compensation vs Market: Sanjiv's total compensation ($USD14.60M) is above average for companies of similar size in the Austrian market ($USD4.43M).

Compensation vs Earnings: Sanjiv's compensation has been consistent with company performance over the past year.

CEO

Sanjiv Lamba (59 yo)

2.1yrs

Tenure

US$14,601,322

Compensation

Mr. Sanjiv Lamba serves as Chief Executive Officer and Director of Linde plc since March 01, 2022 and served as its Chief Operating Officer since January 1, 2021 until March 01, 2022. He was Executive Vice...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Sanjiv Lamba	CEO & Director	2.1yrs	US$14.60m	0.014% $ 28.2m
Matthew White	Executive VP & CFO	5.5yrs	US$6.00m	0.015% $ 29.1m
Guillermo Bichara	Executive VP & Chief Legal Officer	no data	US$3.99m	0.0062% $ 12.3m
John Panikar	Executive VP & CEO for Linde APAC	3.3yrs	US$5.04m	0.0061% $ 12.2m
Sean Durbin	Executive Vice President of North America	no data	US$5.15m	0.0017% $ 3.4m
Luiz Oliveira	Vice President of Operations	1.8yrs	no data	no data
Kelcey Hoyt	Senior VP & Chief Accounting Officer	5.5yrs	no data	0.0036% $ 7.1m
John van der Velden	Senior Vice President of Engineering Sales & Technology	2.3yrs	no data	no data
Denny Brown	Chief Information Officer	no data	no data	no data
Juan Pelaez	Vice President of Investor Relations	no data	no data	no data
Karin Griggel	Chief Compliance Officer	2.3yrs	no data	no data
Desiree Bacher	Senior Vice President of Communications	no data	no data	no data

2.3yrs

Average Tenure

52yo

Average Age

Experienced Management: LIN's management team is considered experienced (2.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Sanjiv Lamba	CEO & Director	2.1yrs	US$14.60m	0.014% $ 28.2m
Paula G. Reynolds	Non-Executive Director	less than a year	no data	0.000030% $ 59.7k
Hugh Grant	Independent Director	1.3yrs	no data	0.00012% $ 238.9k
Robert Wood	Lead Independent Director	5.5yrs	US$338.43k	0.0035% $ 7.0m
Stephen Angel	Chairman	5.5yrs	US$2.81m	0.10% $ 205.7m
Ann-Kristin Achleitner	Independent Director	5.5yrs	US$312.60k	0.00083% $ 1.7m
Alberto Weisser	Independent Director	2.4yrs	US$312.44k	0.00025% $ 497.7k
Thomas Enders	Independent Director	5.5yrs	US$370.98k	0.0026% $ 5.2m
Martin Richenhagen	Independent Director	5.5yrs	US$395.93k	0.0015% $ 2.9m
Josef Kaeser	Independent Director	2.4yrs	US$354.10k	0.00045% $ 895.8k
Victoria Ossadnik	Independent Director	5.5yrs	US$312.60k	0.00060% $ 1.2m

5.5yrs

Average Tenure

66yo

Average Age

Experienced Board: LIN's board of directors are considered experienced (5.5 years average tenure).

Linde Management

Management criteria checks 3/4

Key information

Recent management updates

Linde plc Appoints Paula Rosput Reynolds as Independent Member of the Board of Directors

Linde plc Announces Paula Rosput Reynolds Joins as Non-Executive Director

Linde plc Appoints Hugh Grant as New Member of the Board of Directors, Nomination and Governance Committee and the Human Capital Committee

Linde plc, Annual General Meeting, Jul 25, 2022

CEO & Director recently bought €925k worth of stock

Independent Director recently bought €100k worth of stock

Recent updates

Linde plc to Report Q1, 2024 Results on May 02, 2024

Linde plc Appoints Paula Rosput Reynolds as Independent Member of the Board of Directors

Linde plc Announces Paula Rosput Reynolds Joins as Non-Executive Director

Linde plc to Report Q4, 2023 Results on Feb 06, 2024

Linde plc (NYSE:LIN) announces an Equity Buyback for $15,000 million worth of its shares.

Linde plc to Report Q3, 2023 Results on Oct 26, 2023

Linde plc to Report Q2, 2023 Results on Jul 27, 2023

Hexagon Ragasco and Linde Launches the AGA Smart Cylinders as Part of A Pilot Program on 19 April, 2023

Linde plc Appoints Hugh Grant as New Member of the Board of Directors, Nomination and Governance Committee and the Human Capital Committee

Linde Shareholders Approve Proposal to Delist Its Ordinary Shares from the Frankfurt Stock Exchange

Linde plc to Report Q4, 2022 Results on Feb 07, 2023

Linde Proposes Delisting from the Frankfurt Stock Exchange

Linde plc to Report Q3, 2022 Results on Oct 27, 2022

Upcoming dividend of US$1.17 per share

Linde plc Provides Earnings Guidance for the Third Quarter and Full Year of 2022

Second quarter 2022 earnings released: EPS: US$0.74 (vs US$1.62 in 2Q 2021)

Linde Declares Dividend in Third Quarter 2022, Payable on September 16, 2022

Linde plc to Report Q2, 2022 Results on Jul 28, 2022

Upcoming dividend of US$1.17 per share

Linde plc, Annual General Meeting, Jul 25, 2022

First quarter 2022 earnings released: EPS: US$2.32 (vs US$1.87 in 1Q 2021)

Linde plc Declares Quarterly Dividend, Payable on June 17, 2022

Linde plc to Report Q1, 2022 Results on Apr 28, 2022

CEO & Director recently bought €925k worth of stock

Linde plc (NYSE:LIN) announces an Equity Buyback for 15% of its issued share capital, for $10,000 million.

Independent Director recently bought €100k worth of stock

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Upcoming dividend of US$1.06 per share

Third quarter 2021 earnings released: EPS US$1.90 (vs US$1.33 in 3Q 2020)

Upcoming dividend of US$1.06 per share

Second quarter 2021 earnings released: EPS US$1.62 (vs US$0.87 in 2Q 2020)

Upcoming dividend of US$1.06 per share

First quarter 2021 earnings released: EPS US$1.87 (vs US$1.08 in 1Q 2020)

Linde plc Provides Earnings Guidance for the Second Quarter and Full Year of 2021

Linde plc Declares Dividend in Second Quarter 2021, Payable on June 17, 2021

Executive Vice President of EMEA Eduardo Menezes has left the company

New 90-day high: €224

Norled Selects Linde to Supply Liquid Hydrogen and Related Infrastructure to the Operational Hydrogen-Powered Ferry

Full year 2020 earnings released: EPS US$4.74 (vs US$4.03 in FY 2019)

Revenue beats expectations

Independent Director recently bought €100k worth of stock

Full year 2020 earnings released: EPS US$4.74 (vs US$4.03 in FY 2019)

Revenue beats expectations

Linde and Hyosung Corporation Partner to Develop Hydrogen Infrastructure in South Korea

Linde plc(NYSE:LIN) dropped from Russell 1000 Growth-Defensive Index

Linde Signs Long-Term Agreement with BorsodChem

Linde plc Announces Executive Changes

Linde plc to Report Q4, 2020 Results on Feb 05, 2021

Linde and Daimler Truck to Collaborate on Hydrogen Refueling Technology

Snam Signs Memorandum of Understanding with Linde to Jointly Develop Clean Hydrogen Projects and Related Infrastructure in Europe

Upcoming Dividend of US$0.96 Per Share

New 90-day high: €221

Revenue beats expectations, earnings disappoint

Third quarter 2020 earnings released: EPS US$1.33

Linde plc Appoints Sanjiv Lamba as Chief Operating Officer

Linde plc to Report Q3, 2020 Results on Nov 05, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age