Ecolab Management

Management criteria checks 2/4

Ecolab's CEO is Christophe Beck, appointed in Jan 2021, has a tenure of 3.33 years. total yearly compensation is $15.55M, comprised of 8% salary and 92% bonuses, including company stock and options. directly owns 0.022% of the company’s shares, worth $14.21M. The average tenure of the management team and the board of directors is 4.3 years and 9.8 years respectively.

Key information

Christophe Beck

Chief executive officer

US$15.5m

Total compensation

CEO salary percentage	8.0%
CEO tenure	3.3yrs
CEO ownership	0.02%
Management average tenure	4.3yrs
Board average tenure	9.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Christophe Beck's remuneration changed compared to Ecolab's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$2b
Dec 31 2023	US$16m	US$1m	US$1b
Sep 30 2023	n/a	n/a	US$1b
Jun 30 2023	n/a	n/a	US$1b
Mar 31 2023	n/a	n/a	US$1b
Dec 31 2022	US$9m	US$1m	US$1b
Sep 30 2022	n/a	n/a	US$1b
Jun 30 2022	n/a	n/a	US$1b
Mar 31 2022	n/a	n/a	US$1b
Dec 31 2021	US$8m	US$1m	US$1b
Sep 30 2021	n/a	n/a	US$1b
Jun 30 2021	n/a	n/a	US$1b
Mar 31 2021	n/a	n/a	US$869m
Dec 31 2020	US$6m	US$700k	US$967m
Sep 30 2020	n/a	n/a	US$1b
Jun 30 2020	n/a	n/a	US$1b
Mar 31 2020	n/a	n/a	US$1b
Dec 31 2019	US$5m	US$671k	US$1b
Sep 30 2019	n/a	n/a	US$1b
Jun 30 2019	n/a	n/a	US$1b
Mar 31 2019	n/a	n/a	US$1b
Dec 31 2018	US$2m	US$581k	US$1b
Sep 30 2018	n/a	n/a	US$2b
Jun 30 2018	n/a	n/a	US$2b
Mar 31 2018	n/a	n/a	US$1b
Dec 31 2017	US$3m	US$566k	US$2b

Compensation vs Market: Christophe's total compensation ($USD15.55M) is above average for companies of similar size in the UK market ($USD5.60M).

Compensation vs Earnings: Christophe's compensation has increased by more than 20% in the past year.

CEO

Christophe Beck (55 yo)

3.3yrs

Tenure

US$15,547,055

Compensation

Mr. Christophe Beck served as President of Ecolab Inc. since April 1, 2019 until October 01, 2022 and has been its Chief Executive Officer since January 01, 2021. Mr. Beck serves as Director at Ecolab Inc....

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Christophe Beck	CEO & Chairman of the Board	3.3yrs	US$15.55m	0.022% $ 14.2m
Darrell Brown	President & COO	1.6yrs	US$5.68m	0.0089% $ 5.8m
Scott Kirkland	Chief Financial Officer	2.3yrs	US$5.34m	0.0035% $ 2.2m
Machiel Duijser	Executive VP & Chief Supply Chain Officer	4.3yrs	US$5.43m	0.0033% $ 2.1m
Larry Berger	Executive VP & CTO	6.3yrs	no data	0.0050% $ 3.2m
David Bingenheimer	Executive VP & Chief Information Officer	2.3yrs	no data	no data
Andrew Hedberg	Director of Investor Relations	no data	no data	no data
Joanne Mullen	Senior VP & Chief Compliance Officer	5.3yrs	no data	no data
Gail Peterson	Executive Vice President of Global Marketing & Communications	3.3yrs	no data	0.00088% $ 570.5k
Laurie Marsh	Executive Vice President of Human Resources	7.3yrs	US$3.96m	0.0077% $ 5.0m
Angela Busch	Executive Vice President of Corporate Strategy & Business Development	5.3yrs	US$3.58m	0.0059% $ 3.8m
Nicholas Alfano	Executive VP & President of Global Industrial Group	8.8yrs	no data	0.0063% $ 4.1m

4.3yrs

Average Tenure

56yo

Average Age

Experienced Management: 0IFA's management team is considered experienced (4.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Christophe Beck	CEO & Chairman of the Board	3.6yrs	US$15.55m	0.022% $ 14.2m
Lionel Nowell	Independent Director	5.4yrs	US$323.84k	0% $ 0
David MacLennan	Independent Lead Director	8.4yrs	US$348.79k	0.0051% $ 3.3m
Michael Larson	Independent Director	12.3yrs	US$323.95k	0.0016% $ 1.0m
Victoria Reich	Independent Director	14.5yrs	US$325.51k	0.00035% $ 226.9k
Arthur Higgins	Independent Director	14yrs	US$303.95k	0% $ 0
John Zillmer	Independent Director	18yrs	US$310.77k	0.011% $ 6.9m
Barbara Beck	Independent Director	16.3yrs	US$323.95k	0% $ 0
Shari Ballard	Independent Director	5.4yrs	US$303.97k	0% $ 0
Eric Green	Independent Director	1.4yrs	US$327.12k	0% $ 0
Tracy McKibben	Independent Director	9.3yrs	US$310.51k	0.00052% $ 337.1k
Suzanne Vautrinot	Independent Director	10.3yrs	US$333.95k	0.00055% $ 356.6k

9.8yrs

Average Tenure

63.5yo

Average Age

Experienced Board: 0IFA's board of directors are considered experienced (9.8 years average tenure).

Ecolab Management

Management criteria checks 2/4

Key information

Recent management updates

Ecolab Inc., Annual General Meeting, May 02, 2024

Insider recently sold US$1.0m worth of stock

Insufficient new directors

Jeffrey M. Ettinger Resigned from the Board of Directors of Ecolab Inc

Insider recently sold US$163k worth of stock

CEO & Chairman of the Board recently sold US$1.5m worth of stock

Recent updates

Ecolab Inc. Declares Regular Quarterly Cash Dividend, Payable on July 15, 2024

First quarter 2024 earnings released: EPS: US$1.44 (vs US$0.82 in 1Q 2023)

Ecolab Inc. to Report Q1, 2024 Results on Apr 30, 2024

Upcoming dividend of US$0.57 per share

Fourth quarter dividend of US$0.57 announced

Full year 2023 earnings released: EPS: US$4.82 (vs US$3.83 in FY 2022)

Ecolab Inc., Annual General Meeting, May 02, 2024

Full year 2023 earnings released: EPS: US$4.82 (vs US$3.83 in FY 2022)

Now 30% overvalued after recent price rise

Ecolab Inc. to Report Q4, 2023 Results on Feb 13, 2024

Ecolab Inc. Declares Quarterly Cash Dividend, Payable on January 16, 2024

Insider recently sold US$1.0m worth of stock

Ecolab Inc. Provides Earnings Guidance for the Year 2024

Insufficient new directors

Third quarter 2023 earnings released: EPS: US$1.42 (vs US$1.22 in 3Q 2022)

Ecolab Inc. to Report Q3, 2023 Results on Oct 31, 2023

Upcoming dividend of US$0.53 per share at 1.2% yield

Second quarter 2023 earnings released: EPS: US$1.16 (vs US$1.08 in 2Q 2022)

Ecolab Inc. to Report Q2, 2023 Results on Aug 01, 2023

Upcoming dividend of US$0.53 per share at 1.2% yield

Jeffrey M. Ettinger Resigned from the Board of Directors of Ecolab Inc

Insider recently sold US$163k worth of stock

CEO & Chairman of the Board recently sold US$1.5m worth of stock

Ecolab Inc. Declares Regular Quarterly Cash Dividend, Payable on July 17, 2023

First quarter 2023 earnings released: EPS: US$0.82 (vs US$0.60 in 1Q 2022)

Upcoming dividend of US$0.53 per share at 1.3% yield

Executive VP & CTO recently sold US$718k worth of stock

Full year 2022 earnings released: EPS: US$3.83 (vs US$3.95 in FY 2021)

Ecolab Inc. to Report Q4, 2022 Results on Feb 14, 2023

Upcoming dividend of US$0.53 per share

Ecolab Inc. Declares Quarterly Cash Dividend, Payable on January 17, 2023

Now 21% undervalued after recent price drop

Ecolab Inc. Announces Leaving of Timothy P. Mulhere, Executive Vice President – Special Initiatives – Institutional, Effective December 31, 2022

Insufficient new directors

Independent Director recently bought US$112k worth of stock

Investor sentiment improved over the past week

Third quarter 2022 earnings released: EPS: US$1.22 (vs US$1.13 in 3Q 2021)

Now 22% undervalued after recent price drop

Ecolab Inc. Appoints Darrell R. Brown as President and Chief Operating Officer, Effective Oct. 1, 2022

Ecolab Inc. to Report Q3, 2022 Results on Nov 01, 2022

Now 22% undervalued

Upcoming dividend of US$0.51 per share

Now 21% undervalued

Ecolab Names Gregory Lukasik as Senior Vice President and Market Head for Southeast Asia

Second quarter 2022 earnings released: EPS: US$1.08 (vs US$1.09 in 2Q 2021)

Ecolab Inc. to Report Q2, 2022 Results on Jul 26, 2022

Upcoming dividend of US$0.51 per share

Executive VP recently sold US$503k worth of stock

Now 21% undervalued

Insufficient new directors

Ecolab Inc. Declares Regular Cash Dividend, Payable on July 15, 2022

Independent Director recently bought US$251k worth of stock

Now 20% undervalued after recent price drop

First quarter 2022 earnings released: EPS: US$0.60 (vs US$0.68 in 1Q 2021)

Upcoming dividend of US$0.51 per share

Ecolab Inc. Announces Executive Changes

Ecolab Inc. Declares Regular Quarterly Cash Dividend, Payable on April 15, 2022

Independent Lead Director recently bought US$897k worth of stock

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

Investor sentiment deteriorated over the past week

Now 24% undervalued after recent price drop

Ecolab Inc. Provides Sales Guidance for the Full Year of 2022

Upcoming dividend of US$0.51 per share

Ecolab Inc. (NYSE:ECL) completed the acquisition of Bro-Tech Corporation from Stefan E. Brodie and Don B. Brodie.

Insider recently sold US$323k worth of stock

Third quarter 2021 earnings released: EPS US$1.13 (vs US$0.86 in 3Q 2020)

Upcoming dividend of US$0.48 per share

Insider recently sold US$1.1m worth of stock

Second quarter 2021 earnings released: EPS US$1.09 (vs US$0.45 in 2Q 2020)