Innospec Management

Management criteria checks 3/4

Innospec's CEO is Patrick Williams, appointed in Apr 2009, has a tenure of 15.08 years. total yearly compensation is $7.30M, comprised of 18.9% salary and 81.1% bonuses, including company stock and options. directly owns 0.61% of the company’s shares, worth €17.13M. The average tenure of the management team and the board of directors is 8.5 years and 9.9 years respectively.

Key information

Patrick Williams

Chief executive officer

US$7.3m

Total compensation

CEO salary percentage	18.9%
CEO tenure	15.1yrs
CEO ownership	0.6%
Management average tenure	8.5yrs
Board average tenure	9.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Patrick Williams's remuneration changed compared to Innospec's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$7m	US$1m	US$139m
Sep 30 2023	n/a	n/a	US$127m
Jun 30 2023	n/a	n/a	US$126m
Mar 31 2023	n/a	n/a	US$130m
Dec 31 2022	US$8m	US$1m	US$133m
Sep 30 2022	n/a	n/a	US$131m
Jun 30 2022	n/a	n/a	US$116m
Mar 31 2022	n/a	n/a	US$106m
Dec 31 2021	US$10m	US$1m	US$93m
Sep 30 2021	n/a	n/a	US$92m
Jun 30 2021	n/a	n/a	US$81m
Mar 31 2021	n/a	n/a	US$19m
Dec 31 2020	US$7m	US$1m	US$29m
Sep 30 2020	n/a	n/a	US$37m
Jun 30 2020	n/a	n/a	US$55m
Mar 31 2020	n/a	n/a	US$117m
Dec 31 2019	US$6m	US$1m	US$112m
Sep 30 2019	n/a	n/a	US$102m
Jun 30 2019	n/a	n/a	US$92m
Mar 31 2019	n/a	n/a	US$92m
Dec 31 2018	US$5m	US$1m	US$85m
Sep 30 2018	n/a	n/a	US$60m
Jun 30 2018	n/a	n/a	US$63m
Mar 31 2018	n/a	n/a	US$67m
Dec 31 2017	US$7m	US$1m	US$62m

Compensation vs Market: Patrick's total compensation ($USD7.30M) is above average for companies of similar size in the German market ($USD2.56M).

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

CEO

Patrick Williams (58 yo)

15.1yrs

Tenure

US$7,299,863

Compensation

Mr. Patrick S. Williams serves as an Independent Director at AdvanSix Inc. since February 25, 2020. He has been the Chief Executive Officer and President at Innospec Inc. since April 2, 2009. He has been a...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Patrick Williams	President	15.1yrs	US$7.30m	0.61% $ 17.1m
Ian Cleminson	Executive VP & CFO	17.8yrs	US$1.46m	0.082% $ 2.3m
Philip Boon	COO & Executive VP	8.5yrs	US$1.36m	0.072% $ 2.0m
Corbin Barnes	Senior Vice President of Corporate Development & Investor Relations	no data	US$1.01m	0.030% $ 838.8k
David Jones	Senior VP	6.2yrs	US$1.18m	0.031% $ 864.3k
Graeme Blair	Head of Group Finance	4.2yrs	no data	no data
Ian McRobbie	Chief Technology Officer and Senior VP of Research & Technology	22yrs	US$1.12m	0.14% $ 4.0m
Trey Griffin	Senior Vice President of Human Resources	3yrs	no data	0.00060% $ 16.8k
Thomas Entwistle	President of Oilfield Services - Americas	no data	no data	no data
Steven Williams	Executive Director	no data	no data	no data

8.5yrs

Average Tenure

58yo

Average Age

Experienced Management: OCT's management team is seasoned and experienced (8.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Patrick Williams	President	15yrs	US$7.30m	0.61% $ 17.1m
Leslie Parrette	Independent Non-Executive Director	2.3yrs	US$166.88k	0.012% $ 340.4k
Claudia Poccia	Independent Non-Executive Director	4.8yrs	US$177.88k	0.0074% $ 208.1k
David Landless	Independent Non-Executive Director	8.3yrs	US$186.88k	0.015% $ 422.4k
Robert Paller	Independent Non-Executive Director	14.5yrs	US$166.88k	0.050% $ 1.4m
Lawrence Padfield	Independent Non-Executive Director	11.4yrs	US$180.88k	0.022% $ 614.8k
Milton Blackmore	Independent Non-Executive Chairman	13.9yrs	US$256.88k	0.028% $ 787.4k
Elizabeth Arnold	Independent Non-Executive Director	3.5yrs	US$171.88k	0.0064% $ 179.9k

9.9yrs

Average Tenure

63yo

Average Age

Experienced Board: OCT's board of directors are considered experienced (9.9 years average tenure).

Innospec Management

Management criteria checks 3/4

Key information

Recent management updates

Innospec Inc. Announces Retirement of Philip Boon, Executive Vice President and Chief Operating Officer Effective March 31, 2025

Innospec Inc., Annual General Meeting, May 10, 2024

Senior VP recently sold €290k worth of stock

President recently sold €1.1m worth of stock

Insufficient new directors

President recently sold €1.9m worth of stock

Recent updates

Now 20% undervalued

Innospec Inc. to Report Q1, 2024 Results on May 09, 2024

Innospec Inc. Announces Retirement of Philip Boon, Executive Vice President and Chief Operating Officer Effective March 31, 2025

Innospec Inc., Annual General Meeting, May 10, 2024

Senior VP recently sold €290k worth of stock

President recently sold €1.1m worth of stock

Full year 2023 earnings released: EPS: US$5.60 (vs US$5.37 in FY 2022)

Innospec Inc. (NasdaqGS:IOSP) acquired QGP Química Geral S.A.

Insufficient new directors

Third quarter 2023 earnings released: EPS: US$1.58 (vs US$1.56 in 3Q 2022)

Innospec Inc. Declares Semi-Annual Dividend for the Second Half of 2023, Payable on November 27, 2023

Innospec Inc. to Report Q3, 2023 Results on Nov 07, 2023

Second quarter 2023 earnings released: EPS: US$1.16 (vs US$1.30 in 2Q 2022)

Innospec Inc. to Report Q2, 2023 Results on Aug 08, 2023

Upcoming dividend of US$0.69 per share at 1.4% yield

Innospec Inc. Declares Semi-Annual Dividend, Payable on May 31, 2023

First quarter 2023 earnings released: EPS: US$1.34 (vs US$1.47 in 1Q 2022)

President recently sold €1.9m worth of stock

Full year 2022 earnings released: EPS: US$5.37 (vs US$3.78 in FY 2021)

Innospec Inc. to Report Q4, 2022 Results on Feb 21, 2023

Senior VP recently bought €77k worth of stock

Third quarter 2022 earnings released: EPS: US$1.56 (vs US$0.95 in 3Q 2021)

Innospec Inc. Declares Semi-Annual Dividend, Payable on November 28, 2022

Innospec Inc. to Report Q3, 2022 Results on Nov 08, 2022

Second quarter 2022 earnings released: EPS: US$1.30 (vs US$0.91 in 2Q 2021)

Innospec Inc. to Report Q2, 2022 Results on Aug 02, 2022

Investor sentiment improved over the past week

First quarter 2022 earnings released: EPS: US$1.47 (vs US$0.95 in 1Q 2021)

Innospec Inc. Declares Semi-Annual Dividend for the First Half of 2022, Payable on May 26, 2022

Innospec Inc. to Report Q1, 2022 Results on May 03, 2022

President recently sold €601k worth of stock

Innospec Inc. (NasdaqGS:IOSP) announces an Equity Buyback for $50 million worth of its shares.

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

Innospec Secures China Approval for Its Ultra-Mild, Sulfate-Free Iselux® Surfactants

President recently sold €968k worth of stock

Third quarter 2021 earnings released: EPS US$0.95 (vs US$0.52 in 3Q 2020)

Second quarter 2021 earnings released: EPS US$0.91 (vs US$1.62 loss in 2Q 2020)

President recently sold €382k worth of stock

First quarter 2021 earnings released: EPS US$0.95 (vs US$1.35 in 1Q 2020)

Innospec Inc. Announces Semi-Annual Dividend for the First Half of 2021, Payable on May 26, 2021

Senior Vice President of Corporate Development & Investor Relations Brian Watt has left the company

Innospec Inc., Annual General Meeting, May 05, 2021

New 90-day high: €84.00

Brian Watt Informs His Decision to Retire as Senior Vice President, Corporate Development and Investor Relations of Innospec Inc., Effective April 30, 2021

Full year 2020 earnings released: EPS US$1.17 (vs US$4.58 in FY 2019)

Revenue beats expectations

Innospec Inc. to Report Q4, 2020 Results on Feb 16, 2021

Investor sentiment improved over the past week

New 90-day high: €78.00

New 90-day high: €73.50

Market bids up stock over the past week

New 90-day high: €69.00

Market bids up stock over the past week

Upcoming Dividend of US$0.52 Per Share

Third quarter 2020 earnings released: EPS US$0.52

Revenue misses expectations

Innospec Inc. Appoints Elizabeth Keller Arnold as A Non-Employee Director

Innospec Inc. to Report Q3, 2020 Results on Nov 03, 2020

New 90-day low: €53.00

New 90-day low - €60.50

First half earnings released

Innospec Inc. to Report Q2, 2020 Results on Aug 04, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age