Sanjiv Lamba, CEO of Linde (LIN), earned $12.0M in total compensation in 2022. Linde receives a Pay-for-Performance grade of C (62/100), with a CEO-to-worker pay ratio of 171:1 and a say-on-pay shareholder approval of 89.8%. The company's 3-year total shareholder return is +4.4%.
How Linde CEO Pay Compares
Sanjiv Lamba's $12.0M total compensation is 0% below the Industrial Gases industry median of $12.0M. The 171:1 CEO-to-worker pay ratio is 20% higher than the industry average of 143:1.
Linde (LIN) disclosed $12.0M in CEO compensation for Sanjiv Lamba. The package is structured for retention plus performance alignment, with equity awards taking the largest share.
The CEO-to-median-worker pay ratio is 171x, meaning Sanjiv Lamba's $12.0M total comp is roughly that many times the median $70,000 earned by Linde workers. The ratio is in the mid-range of S&P 500 disclosures and reflects the standard public-company compensation structure. Performance has been muted across the three-year window: 4.4% TSR, 1.7% revenue change. Stagnant performance combined with substantial CEO pay is the classic setup for proxy-advisor opposition on say-on-pay votes.
Shareholders supported the compensation package at 90% on the most recent say-on-pay vote. Solid support without overwhelming endorsement is the typical pattern for established public companies with conventional compensation programs. Linde operates in Industrial Gases with 66,000 employees and $33.4B in annual revenue, and currently carries a market capitalization of $220.0B. Pay comparisons across companies require controlling for these structural factors — a $20M package at a $10B-revenue tech company reads differently than the same package at a $1B-revenue industrial.
Source: SEC EDGAR — DEF 14A proxy statements for Linde (LIN).
Compensation Breakdown
Sanjiv Lamba's $12.0M total compensation package for fiscal year 2022 includes $1.2M in base salary, $6.0M in stock awards, $1.4M in option awards, and $1.8M in bonus and non-equity incentives.
Compensation History
| Year | Salary | Bonus | Stock Awards | Options | Non-Equity | Other | Total |
|---|---|---|---|---|---|---|---|
| 2022 | $1.2M | - | $6.0M | $1.4M | $1.8M | $1.3M | $12.0M |
| 2021 | $1.2M | - | $6.0M | $1.4M | $1.8M | $1.3M | $12.0M |
| 2020 | $1.2M | - | $6.0M | $1.4M | $1.8M | $1.3M | $12.0M |
| 2019 | $1.2M | - | $6.0M | $1.4M | $1.8M | $1.3M | $12.0M |
All compensation data is sourced from SEC DEF 14A proxy filings submitted to EDGAR. The Economic Policy Institute's CEO pay analysis provides additional context on executive compensation trends across industries.
Named Executive Officers
Peer CEO Compensation
More Industrial Gases Companies
Sanjiv Lamba, CEO of Linde (LIN), earns $12.0M in total compensation. This includes base salary, stock awards, option awards, and other incentives as reported in the company's most recent DEF 14A proxy statement.
Frequently Asked Questions
Sanjiv Lamba, CEO of Linde (LIN), earns $12.0M in total compensation. This includes base salary, stock awards, option awards, and other incentives as reported in the company's most recent DEF 14A proxy statement.
Linde has a Pay-for-Performance Score of C (62/100). The company's 3-year total shareholder return is +4.4%, and the say-on-pay shareholder vote passed with 89.8% approval.
The CEO-to-median-worker pay ratio at Linde is 171:1. The median worker at Linde earns $70K per year, while CEO Sanjiv Lamba earns $12.0M in total compensation.
Linde employs approximately 66,000 people. The company operates in the Industrial Gases industry within the Materials sector, generating $33.4B in annual revenue.