Sign in

    Shyam P. Kambeyanda

    President and Chief Executive Officer at ESAB Corp
    Board
    Since May 2016
    Age
    54 years
    Education
    Holds bachelor's degrees in Physics and General Science from Coe College in Iowa, Electrical Engineering from Iowa State University, and an M.B.A. from the Kellogg School of Management at Northwestern University, and is a Six Sigma Green Belt.
    Tenure
    Joined ESAB in May 2016 as President and Chief Executive Officer and later joined the Board of Directors in April 2022.

    Also at ESAB Corp

    CJ
    Curtis Jewell
    Senior Vice President and Corporate Secretary
    EL
    Eleanor Lukens
    President, Americas
    KJ
    Kevin Johnson
    Chief Financial Officer (CFO)

    About

    Shyam P. Kambeyanda has established a robust foundation in both science and business through extensive academic achievements, including degrees in physics, general science, electrical engineering, and an M.B.A., complemented by a Six Sigma Green Belt certification.

    Before his arrival at ESAB, he gained significant international and leadership experience during his career at Eaton Corporation, where he advanced through pivotal roles such as President Americas for the Hydraulics Group, starting in 1995. His diverse responsibilities across engineering, quality, and business strategy provided him a comprehensive perspective on global operations and emerging markets.

    At ESAB, he has played a key role in driving global expansion and financial performance improvements since joining as President and Chief Executive Officer in May 2016. His leadership is further recognized by his appointment to the Board of Directors in April 2022, reflecting his broad impact on the company’s strategic direction.

    $ESAB Performance Under Shyam P. Kambeyanda

    Past Roles

    OrganizationRoleDate RangeDetails
    Eaton CorporationPresident Americas for Eaton Corporation’s Hydraulics Group; held various roles1995 - May 2016Joined Eaton in 1995 and advanced through multiple roles in engineering, quality, e-commerce, product strategy, and operations management

    External Roles

    OrganizationRoleDate RangeDetails
    Veralto CorporationBoard of Directors and Audit Committee MemberN/AServes on the board and Audit Committee; active role outside of ESAB

    Fixed Compensation

    Data from  FY 2023
    Component NameAmountPayment ScheduleAdditional Details
    Base Salary$1,030,000 Annual (2023) Fixed base compensation
    Time-Based RSUs$1,126,448 Vest in 3 equal annual installments starting March 8, 2024 18,370 RSUs granted on March 8, 2023
    Option Awards$1,087,510 Vest ratably over 3 years starting March 8, 2024 49,658 options at $61.32 per share
    All Other Compensation$279,892 As specified for 2023 Additional cash compensation

    Performance Compensation

    Data from  FY 2023

    Bonus

    MetricDetails
    Bonus Base Salary$1,040,000
    Target Bonus Percentage120%
    Target Bonus Amount$1,248,000
    Corporate Financial Factor (CFF)142%
    Individual Performance Factor (IPF)120%
    Final Bonus Payment$2,129,588
    Performance MetricsAdjusted EBITDA, Net Sales, Working Capital Turns
    Evaluation Period2023 performance aligned with ESAB’s operational and financial goals

    Performance-Based RSUs (PRSUs)

    MetricDetails
    Grant DateMarch 8, 2023
    Grant Date Fair Value$2,252,897
    Threshold Shares18,370
    Target Shares36,740
    Maximum Shares73,480
    Performance MetricsEBITDA percentage improvement; Free Cash Flow Conversion improvement
    Vesting ConditionCliff vest at end of performance period (Dec 31, 2025) with 50% share holding for one additional year
    Evaluation & CertificationCertification by the Compensation and Human Capital Management Committee