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    Christophe Beck

    Chairman and CEO at Ecolab Inc
    Board
    Since October 2022
    Age
    57 years
    Education
    Holds a Master of Science in Mechanical Engineering and Aerodynamics from École Polytechnique Fédérale de Lausanne.
    Tenure
    Joined Ecolab in 2007 and has advanced through multiple senior roles including Executive Vice President and President – Industrial, President and Chief Operating Officer, President and Chief Executive Officer, Chairman, CEO and President, and now serves as Chairman and Chief Executive Officer.

    Also at Ecolab Inc

    AMB
    Angela M. Busch
    EVP – Corporate Strategy & Business Dev.
    DRB
    Darrell R. Brown
    President and COO
    GP
    Gail Peterson
    EVP – Global Marketing & Communications

    About

    Christophe Beck has built a career defined by a blend of technical expertise and global leadership. Born in 1967, he developed an early passion for innovation that was evident during his work on the European space shuttle project HERMES with the European Space Agency, showcasing his strong foundation in science and technology.

    His professional journey continued with a notable 16-year tenure as a senior executive at Nestlé, where he managed major business segments and honed his strategic acumen. This pivotal experience paved the way for his transition to Ecolab in 2007, where he quickly rose through the ranks, taking on increasing responsibilities that underscored his leadership abilities.

    At Ecolab, his career has been marked by a series of promotions in roles critical to the company’s success, including overseeing significant initiatives such as the integration of a major acquisition. His leadership in driving growth, sustainability, and innovation has not only contributed to the company’s evolution but also earned him recognition as a Young Global Leader of the World Economic Forum in 2006.

    $ECL Performance Under Christophe Beck

    Past Roles

    OrganizationRoleDate RangeDetails
    Ecolab Inc.Chairman, Chief Executive Officer, and PresidentMay 2022Held before final appointment as current Chairman and CEO
    Ecolab Inc.President and Chief Executive OfficerJan 2021 - May 2022
    Ecolab Inc.President and Chief Operating OfficerJan 2020 - Dec 2020
    Ecolab Inc.Senior Leadership Roles (Industrial, Nalco Water, International, Institutional)2007 - 2019
    NestléSenior Executive16 yearsManaged global marketing, sales, and management roles across Europe, Asia, and North America
    European Space AgencyProject Team Member (HERMES space shuttle project)N/A

    Fixed Compensation

    Data from  FY 2023
    Component NameAmountPayment ScheduleAdditional Details
    Base Salary $1,243,750AnnualFixed cash salary for 2023
    Registrant Contributions to Non-Qualified Deferred Compensation Plan $278,700N/ADeferred compensation contribution
    Pension Plan Contributions (Present Value) $148,309N/APresent Value of Accumulated Benefit
    Mirror Pension Plan Contributions (Present Value) $418,701N/APresent Value of Accumulated Benefit
    SERP Contributions (Present Value) $2,086,811N/ASupplemental Executive Retirement Plan

    Performance Compensation

    Data from  FY 2023

    Annual Cash Incentive (MIP)

    MetricValueDetails
    Performance Metric100% Adjusted EPS Adjusted EPS is the sole metric with 100% weight
    Threshold Payout$671,625 Represents 36% of target
    Target Payout$1,865,625 Set at 150% of base salary
    Maximum Payout$3,731,250 Capped at 200% of target
    Actual Result200% of target Maximum payout achieved
    Payment ScheduleAnnual, paid in March 2024 Performance reviewed in February 2024
    Modifier0% Growth & Impact Modifier not applied as maximum was reached

    Performance-Based Restricted Stock Units (PBRSUs)

    MetricValueDetails
    Performance Metric3-year average organic ROIC Primary metric evaluated over a three-year period
    Target13.4% Target ROIC
    Threshold10.0% Minimum acceptable ROIC
    Maximum15.7% Maximum ROIC level for optimal payout
    Payout Range0% - 200% of target Threshold payout at 40%
    Vesting ScheduleCliff vest after 3 years Vesting contingent on performance over 2024-2026
    Evaluation Period2024-2026 (3 years) Performance period for PBRSUs
    Grant DateDecember 6, 2023 Award date
    Grant Date Fair Value$5,874,624 Fair value determined at grant
    Grant Date Stock Price$187.49 per share Stock price on grant date
    ConditionsNo dividend equivalents Additional conditions apply

    Stock Options Granted

    MetricValueDetails
    Grant DateDecember 6, 2023 Award date
    Grant Date Fair Value$4,055,664 Fair value determined at grant
    Grant Date Stock Price$191.03 per share Stock price on grant date
    Number of Options80,342 Total options granted
    Vesting Schedule26,780 in Dec 2024, 26,781 in Dec 2025, 26,781 in Dec 2026 Time-based vesting schedule, equally divided
    Expiration DateDecember 6, 2033 Option expiration date
    Performance MetricNone Vesting is time-based rather than performance-based

    Potential Termination/Change in Control Payments (Performance-Based Components)

    MetricValueDetails
    Cash Lump Sum$6,500,000 Payment upon change in control
    Equity Award Component31,333 shares Target number of PBRSUs
    Total Potential Value$24,790,050 Includes cash and equity awards
    ConditionsPost-termination/change-in-control provisions Subject to specific conditions