IDEX Management

Management criteria checks 3/4

IDEX's CEO is Eric Ashleman, appointed in Feb 2020, has a tenure of 4.17 years. total yearly compensation is $7.76M, comprised of 12.8% salary and 87.2% bonuses, including company stock and options. directly owns 0.061% of the company’s shares, worth €9.45M. The average tenure of the management team and the board of directors is 2.2 years and 5.5 years respectively.

Key information

Eric Ashleman

Chief executive officer

US$7.8m

Total compensation

CEO salary percentage	12.8%
CEO tenure	4.2yrs
CEO ownership	0.06%
Management average tenure	2.2yrs
Board average tenure	5.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Eric Ashleman's remuneration changed compared to IDEX's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$578m
Dec 31 2023	US$8m	US$992k	US$596m
Sep 30 2023	n/a	n/a	US$618m
Jun 30 2023	n/a	n/a	US$587m
Mar 31 2023	n/a	n/a	US$587m
Dec 31 2022	US$7m	US$948k	US$587m
Sep 30 2022	n/a	n/a	US$576m
Jun 30 2022	n/a	n/a	US$513m
Mar 31 2022	n/a	n/a	US$477m
Dec 31 2021	US$7m	US$900k	US$449m
Sep 30 2021	n/a	n/a	US$432m
Jun 30 2021	n/a	n/a	US$420m
Mar 31 2021	n/a	n/a	US$389m
Dec 31 2020	US$3m	US$698k	US$378m
Sep 30 2020	n/a	n/a	US$374m
Jun 30 2020	n/a	n/a	US$375m
Mar 31 2020	n/a	n/a	US$417m
Dec 31 2019	US$5m	US$620k	US$426m
Sep 30 2019	n/a	n/a	US$427m
Jun 30 2019	n/a	n/a	US$428m
Mar 31 2019	n/a	n/a	US$422m
Dec 31 2018	US$3m	US$575k	US$411m
Sep 30 2018	n/a	n/a	US$406m
Jun 30 2018	n/a	n/a	US$384m
Mar 31 2018	n/a	n/a	US$360m
Dec 31 2017	US$3m	US$528k	US$337m

Compensation vs Market: Eric's total compensation ($USD7.76M) is above average for companies of similar size in the German market ($USD5.66M).

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

CEO

Eric Ashleman (56 yo)

4.2yrs

Tenure

US$7,758,876

Compensation

Mr. Eric D. Ashleman has been Chief Executive Officer and Director of IDEX Corporation since December 15, 2020 and has been its President since February 21, 2020. He was Chief Operating Officer of IDEX Cor...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Eric Ashleman	CEO, President & Director	4.2yrs	US$7.76m	0.061% $ 9.5m
Abhishek Khandelwal	Senior VP & CFO	less than a year	US$2.36m	0.0069% $ 1.1m
Allison Lausas	VP & Chief Accounting Officer	2.7yrs	US$1.40m	0.0013% $ 204.1k
Lisa Anderson	Senior VP	2.2yrs	US$1.38m	0.0022% $ 339.6k
Roopa Unnikrishnan	Senior Vice President of Strategy & Corporate Development	2.1yrs	US$1.37m	0.000040% $ 6.2k
Melissa Flores	Senior VP & Chief Human Resources Officer	3.2yrs	US$1.30m	0.0016% $ 243.0k
Eric Berg	Associate General Counsel & Chief Compliance Officer	1.3yrs	no data	no data
Mark Spencer	Vice President of Global Communications	no data	no data	no data
Rajesh Prasad	Group President of Emerging Markets	7.5yrs	no data	no data
Troy McIntosh	Chief Diversity	less than a year	no data	no data

2.2yrs

Average Tenure

45.5yo

Average Age

Experienced Management: ID7's management team is considered experienced (2.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Eric Ashleman	CEO, President & Director	3.3yrs	US$7.76m	0.061% $ 9.5m
Carl Christenson	Independent Director	4.8yrs	US$270.00k	0.00096% $ 149.6k
Livingston Satterthwaite	Independent Director	13yrs	US$245.00k	0.0045% $ 701.0k
Mark Buthman	Independent Director	8yrs	US$265.00k	0% $ 0
Katrina Helmkamp	Independent Non-Executive Chair	8.4yrs	US$285.15k	0.0080% $ 1.2m
David Parry	Independent Director	11.3yrs	US$255.00k	0.025% $ 3.9m
Mark Beck	Independent Director	6.3yrs	US$254.85k	0% $ 0
Alejandro Quiroz Centeno	Independent Director	1.8yrs	US$245.00k	0% $ 0
Lakecia Gunter	Independent Director	3.2yrs	US$245.00k	0.00029% $ 45.2k
L. Watts-Stanfield	Independent Director	2.2yrs	US$245.00k	0% $ 0

5.5yrs

Average Tenure

58yo

Average Age

Experienced Board: ID7's board of directors are considered experienced (5.5 years average tenure).

IDEX Management

Management criteria checks 3/4

Key information

Recent management updates

IDEX Corporation, Annual General Meeting, May 07, 2024

IDEX Corporation Names Abhi Khandelwal as Senior Vice President, Effective November 20, 2023

IDEX Corporation Announces CFO Changes, Effective on September 15, 2023

IDEX Corporation Announces Management Changes, Effective October 1, 2022

IDEX Corporation Appoints Alejandro Quiroz Centeno to Board of Directors

IDEX Corporation Announces Appointment of Paris Watts-Stanfield to Board of Directors and Member of Audit Committee

Recent updates

First quarter 2024 earnings released: EPS: US$1.60 (vs US$1.85 in 1Q 2023)

IDEX Corporation Provides Earnings Guidance for the Second Quarter of 2024 and Full Year 2024

IDEX Corporation, Annual General Meeting, May 07, 2024

Full year 2023 earnings released: EPS: US$7.89 (vs US$7.75 in FY 2022)

Full year 2023 earnings released: EPS: US$7.89 (vs US$7.75 in FY 2022)

IDEX Corporation Provides Earnings Guidance for the First Quarter of 2024 and Full Year of 2024

Now 21% undervalued

Now 20% undervalued after recent price drop

IDEX Corporation (NYSE:IEX) completed the acquisition of Superior Technical Ceramics Corp. from Artemis Capital Partners II, L.P., managed by Artemis Capital Partners Management Co., LLC for approximately $210 million.

Now 20% undervalued after recent price drop

IDEX Corporation Declares Regular Quarterly Cash Dividend, Payable on January 26, 2024

IDEX Corporation Names Abhi Khandelwal as Senior Vice President, Effective November 20, 2023

Third quarter 2023 earnings released: EPS: US$2.77 (vs US$2.37 in 3Q 2022)

IDEX Corporation Provides Earnings Guidance for the Fourth Quarter of 2023

Upcoming dividend of US$0.64 per share at 1.2% yield

Now 20% undervalued

IDEX Corporation Declares Regular Quarterly Cash Dividend, Payable on October 27, 2023

IDEX Corporation Announces CFO Changes, Effective on September 15, 2023

IDEX Corporation Provides Earnings Guidance for the Third Quarter and Full Year 2023

Second quarter 2023 earnings released: EPS: US$1.83 (vs US$1.82 in 2Q 2022)

Now 20% undervalued after recent price drop

Upcoming dividend of US$0.64 per share at 1.2% yield

Now 20% undervalued after recent price drop

IDEX Corporation Approves Regular Quarterly Cash Dividend, Payable on July 28, 2023

IDEX Corporation announced that it has received $100 million in funding

Upcoming dividend of US$0.64 per share at 1.2% yield

IDEX Corporation Increases Regular Quarterly Dividend, Payable on June 23, 2023

Now 20% undervalued after recent price drop

Now 20% undervalued after recent price drop

First quarter 2023 earnings released: EPS: US$1.85 (vs US$1.84 in 1Q 2022)

Full year 2022 earnings released: EPS: US$7.75 (vs US$5.91 in FY 2021)

IDEX Provides Earnings Guidance for the First Quarter and Full Year of 2023

Upcoming dividend of US$0.60 per share

IDEX Corporation (NYSE:IEX) completed the acquisition of Muon B.V. from Rivean Capital B.V.

IDEX Corporation Declare Regular Quarterly Cash Dividend, Payable on January 27, 2023

Now 21% undervalued

Third quarter 2022 earnings released: EPS: US$2.37 (vs US$1.52 in 3Q 2021)

Idex Corporation Provides Earnings Guidance for the Year 2022

Upcoming dividend of US$0.60 per share

IDEX Corporation Announces Management Changes, Effective October 1, 2022

IDEX Corporation Declare Regular Quarterly Cash Dividend, Payable on October 28, 2022

IDEX Corporation (NYSE:IEX) entered into agreement to acquire Muon B.V. from Rivean Capital B.V. for €700 million.

IDEX Corporation Provides Earnings Guidance for the Year 2022

Second quarter 2022 earnings released: EPS: US$1.82 (vs US$1.35 in 2Q 2021)

IDEX Corporation to Report Q2, 2022 Results on Jul 26, 2022

IDEX Corporation Appoints Alejandro Quiroz Centeno to Board of Directors

IDEX Corporation Approves Regular Quarterly Dividend, Payable on July 29, 2022

IDEX Corporation Increases Regular Quarterly Dividend, Payable on May 27, 2022

IDEX Corporation (NYSE:IEX) completed the acquisition of Kz Co.

First quarter 2022 earnings released: EPS: US$1.84 (vs US$1.49 in 1Q 2021)

IDEX Corporation Provides Earnings Guidance for the Second Quarter and Full Year 2022

IDEX Corporation to Report Q1, 2022 Results on Apr 26, 2022

Now 21% undervalued after recent price drop

IDEX Corporation (NYSE:IEX) entered into a definitive agreement to acquire Kz Co.

Now 20% undervalued after recent price drop

IDEX Corporation (NYSE:IEX) completed the acquisition of Nexsight, LLC.

IDEX Corporation Announces Appointment of Paris Watts-Stanfield to Board of Directors and Member of Audit Committee

IDEX Corporation Announces Resignation of Denise R. Cade, as Senior Vice President, General Counsel and Corporate Secretary Effective February 25, 2022

Now 21% undervalued after recent price drop

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

IDEX Corporation Provides Earnings Guidance for the First Quarter and Full Year of 2022

IDEX Corporation (NYSE:IEX) entered into a definitive agreement to acquire Nexsight, LLC for $120 million.

Insider recently sold €2.0m worth of stock

Third quarter 2021 earnings released: EPS US$1.52 (vs US$1.38 in 3Q 2020)

Upcoming dividend of US$0.54 per share

Upcoming dividend of US$0.54 per share

IDEX Corporation's IDEX Fire & Safety Launches SAM™ Smart Nozzle Offering Wireless Communication to Attack Crew

Second quarter 2021 earnings released: EPS US$1.35 (vs US$0.94 in 2Q 2020)

Upcoming dividend of US$0.54 per share