Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-05-13

Innospec (IOSP)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$8,252,747
Patrick Williams total, FY2025
73rd
CEO pay percentile vs peers
CEO-to-median pay ratio
95.77%
Say-on-pay support, latest vote
Companies that benchmark against IOSP
13 companies name IOSP as a compensation peer

Each company listed discloses IOSP in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named IOSP in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Patrick Williams$1,380,548$0$5,285,623$0$1,365,336$0$221,240$8,252,747
President and Chief Executive Officer
Ian Cleminson541,14701,002,6820274,9200155,1981,973,947
Executive Vice President and Chief Financial Officer
David Jones425,0400647,8660214,2200116,0881,403,214
Senior Vice President, General Counsel, Chief Compliance Officer and Corporate Secretary
Corbin Barnes342,7360604,7860177,524078,0391,203,085
Senior Vice President, Corporate Development and Investor Relations
Ian McRobbie309,6490559,1790170,250082,1201,121,198
Senior Vice President and Chief Technology Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Patrick Williams$8,252,747$13,216,384$7,299,862−4,963,637
Ian Cleminson1,973,9473,141,1311,456,321−1,167,184
David Jones1,403,2141,877,9931,183,909−474,779
Corbin Barnes1,203,0851,642,6621,014,601−439,577
Ian McRobbie1,121,198

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Patrick WilliamsPSU12,216$941,121
Patrick WilliamsPSU29,1792,247,950
Patrick WilliamsPSU25,8001,987,632
Patrick WilliamsPSU21,3781,646,961
Patrick WilliamsPSU14,7431,135,801
Patrick WilliamsPSU9,726749,291
Patrick WilliamsPSU8,600662,544
Patrick WilliamsPSU7,126548,987
Ian CleminsonPSU5,009385,893
Ian McRobbiePSU3,791292,059
Ian CleminsonPSU3,661282,043
Ian McRobbiePSU3,639280,349
David JonesPSU3,562274,416
Ian CleminsonPSU3,497269,409
Ian McRobbiePSU3,148242,522
David JonesPSU2,928225,573
Ian McRobbiePSU2,991230,427
Corbin BarnesPSU2,952227,422
Ian CleminsonPSU2,862220,488
David JonesPSU2,683206,698
Corbin BarnesPSU2,661205,003
Corbin BarnesPSU2,286176,113
David JonesPSU2,036156,853
Ian CleminsonPSU1,999154,003
Ian McRobbiePSU1,687129,966
Corbin BarnesPSU1,687129,966
Ian CleminsonPSU1,670128,657
David JonesPSU1,533118,102
Ian McRobbiePSU1,448111,554
Ian CleminsonPSU1,425109,782
Ian McRobbiePSU1,306100,614
Corbin BarnesPSU1,306100,614
Ian CleminsonPSU1,22093,989
David JonesPSU1,18791,446
Ian CleminsonPSU1,16689,829
Corbin BarnesPSU98475,807
David JonesPSU97675,191
David JonesPSU89468,874
Corbin BarnesPSU88668,257
Corbin BarnesPSU76258,704
05

Incentive-plan design — the Compensation Discussion & Analysis

The compensation philosophy of the Company is to link executive compensation to continuous improvement in corporate performance and increases in stockholder value, while at the same time allowing the Company to attract and retain the executive talent required to successfully manage our business. The overall compensation program is designed to motivate our employees to achieve business objectives and maximize their long-term commitment to our success.

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultantExequity
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-0820,171,691860,99229,82395.77%Passed
20252025-05-0921,973,642778,54320,97296.49%Passed
20242024-05-1022,720,369319,90346,58798.41%Passed
20232023-05-0422,174,236817,80813,68896.39%Passed
20222022-05-0422,467,964529,71346,57197.5%Passed
20212021-05-0521,717,7001,223,16267,01494.39%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-05-0895.77%a
20252025-05-0996.49%b
20242024-05-1098.41%c

a. Approved under the standard stated in the filing — “Abstentions will be treated as present and entitled to vote with respect to Proposals 2 and 3 and, therefore, will have the effect of votes "against" these proposals.”.

b. Approved under the standard stated in the filing — “Abstentions will be treated as present and entitled to vote with respect to Proposals 2 and 3 and, therefore, will have the effect of votes "against" these proposals.”.

c. Approved under the standard stated in the filing — “Abstentions will be treated as present and entitled to vote with respect to Proposals 2 and 3 and, therefore, will have the effect of votes "against" these proposals.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Milton C. BlackmoreIndependent · Board Chair · Audit Committee · Compensation Committee$205,000$118,119$323,119
David F. LandlessIndependent · Audit Committee (Chair) · Nominating, Corporate Governance and Sustainability Committee123,000118,119241,119
Lawrence J. PadfieldIndependent · Compensation Committee (Chair)116,000118,119234,119
Claudia P. PocciaIndependent · Compensation Committee · Nominating, Corporate Governance and Sustainability Committee (Chair)114,000118,119232,119
Elizabeth K. ArnoldIndependent · Audit Committee · Nominating, Corporate Governance and Sustainability Committee105,000118,119223,119
Leslie J. ParretteIndependent · Compensation Committee · Nominating, Corporate Governance and Sustainability Committee100,000118,119218,119
09

Board fee structure and ownership guideline

Annual cash retainer$100,000
Annual equity retainer$125,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)23,000 / 16,000 / 14,000
Stock ownership guideline$5
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$763,000
Equity awards (grant-date value)$708,714
All other compensation$0
Total cost of the board$1,471,714

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Innospec names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Innospec.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Element Solutions Inc2025Benjamin H. Gliklich$1,087,500$23,688,894$0$1,520,947$26,480,462
2Cabot Corporation2025Sean Keohane1,100,0004,224,8472,274,9251,402,5019,307,883
3H.B. Fuller Company2025Celeste Mastin1,082,6922,971,9763,025,5381,339,8918,830,569
4Innospec2025Patrick Williams1,380,5485,285,62301,365,3368,252,747
5Ashland Inc.2025Guillermo Novo1,152,3325,233,86301,313,8307,907,423
6Minerals Technologies Inc.2025Douglas Dietrich1,050,0002,310,022768,8032,891,1607,405,693
7Avient Corporation2025Ashish Khandpur1,128,2693,763,1590753,7775,818,257
8AdvanSix Inc.2025Erin Kane1,019,7003,747,9000785,4005,647,438
9Rayonier Advanced Materials2025De Lyle Bloomquist1,000,0002,649,97501,363,4385,138,573
10Stepan Company2025Luis Rojo940,0002,279,746800,003230,3004,327,042
11Quaker Chemical Corporation2025Joseph Berquist800,0002,420,3190461,8403,709,451
12NewMarket Corporation2025Thomas Gottwald1,275,333368,1880750,0003,694,678
Sensient Technologies Corporationnot in coverage universe
Koppers Holding Inc.not in coverage universe

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Innospecnot disclosedPSU 70 · RSU 30not disclosedExequity
AdvanSix Inc.not disclosedPSU 50 · RSU 50not disclosednot disclosed
Ashland Inc.90.4%not disclosedYes — Relative Total Shareholder Return (rTSR)Meridian Compensation Partners
Avient Corporation51.6%Cash LTI 60 · RSU 40Yes — Total Shareholder Return Relative to Peer Group (rTSR)Pearl Meyer
Cabot Corporation90%PSU 35 · Options 35 · RSU 30NoMeridian Compensation Partners
Element Solutions Inc126%PSU 67 · RSU 33NoFW Cook
H.B. Fuller Companynot disclosednot disclosednot disclosednot disclosed
Koppers Holding Inc.not disclosednot disclosednot disclosedMeridian Compensation Partners, LLC
Minerals Technologies Inc.not disclosednot disclosednot disclosednot disclosed
NewMarket Corporationnot disclosednot disclosednot disclosedFrederic W. Cook & Co., Inc. (FWC)
Quaker Chemical Corporationnot disclosedPSU 60 · RSU 40not disclosedMeridian Compensation Partners
Rayonier Advanced Materialsnot disclosednot disclosednot disclosedFrederick W. Cook & Co., Inc.
Sensient Technologies Corporationnot disclosednot disclosednot disclosednot disclosed
Stepan Companynot disclosedRSU 50 · SAR 25 · PSU 25not disclosedExequity LLP

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Patrick WilliamsDEF 14A2026-03-260001174947-26-000427Section “COMPENSATION TABLES” · page 74. As printed: 8,252,747. Filing ↗machine: r4 · c9 · span 1939600–1939609
2Section 01, Ian CleminsonDEF 14A2026-03-260001174947-26-000427Section “COMPENSATION TABLES” · page 74. As printed: 1,973,947. Filing ↗machine: r7 · c9 · span 1951389–1951398
3Section 01, David JonesDEF 14A2026-03-260001174947-26-000427Section “COMPENSATION TABLES” · page 74. As printed: 1,403,214. Filing ↗machine: r16 · c9 · span 1987164–1987173
4Section 01, Corbin BarnesDEF 14A2026-03-260001174947-26-000427Section “COMPENSATION TABLES” · page 74. As printed: 1,203,085. Filing ↗machine: r13 · c9 · span 1975150–1975159
5Section 01, Ian McRobbieDEF 14A2026-03-260001174947-26-000427Section “COMPENSATION TABLES” · page 74. As printed: 1,121,198. Filing ↗machine: r10 · c9 · span 1963374–1963383
6Section 08, Milton C. BlackmoreDEF 14A2026-03-260001174947-26-000427Section “Director Compensation”. As printed: 323,119. Filing ↗machine: span 1130472–1130706
7Section 08, David F. LandlessDEF 14A2026-03-260001174947-26-000427Section “Director Compensation”. As printed: 241,119. Filing ↗machine: span 1132066–1132300
8Section 08, Lawrence J. PadfieldDEF 14A2026-03-260001174947-26-000427Section “Director Compensation”. As printed: 234,119. Filing ↗machine: span 1133663–1133897
9Section 08, Claudia P. PocciaDEF 14A2026-03-260001174947-26-000427Section “Director Compensation”. As printed: 232,119. Filing ↗machine: span 1136852–1137086
10Section 08, Elizabeth K. ArnoldDEF 14A2026-03-260001174947-26-000427Section “Director Compensation”. As printed: 223,119. Filing ↗machine: span 1128876–1129110
11Section 08, Leslie J. ParretteDEF 14A2026-03-260001174947-26-000427Section “Director Compensation”. As printed: 218,119. Filing ↗machine: span 1135258–1135492
12Section 06, 2026 voteForm 8-K2026-05-130001193125-26-220407Item 5.07 · say-on-pay result. As reported: 95.77% (votes for as printed: 20,171,691). Filing ↗
13Section 06, 2025 voteForm 8-K2025-05-140001193125-25-119308Item 5.07 · say-on-pay result. As reported: 96.49% (votes for as printed: 21,973,642). Filing ↗
14Section 06, 2024 voteForm 8-K2024-05-140001193125-24-137665Item 5.07 · say-on-pay result. As reported: 98.41% (votes for as printed: 22,720,369). Filing ↗
15Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
16Section 09b board cost (computed)ComputedcomputedCash 763,000 + equity 708,714 + all other 0 = 1,471,714, summed across the director compensation table rows.machine: formula: Σ = 1,471,714
17Element Solutions Inc, Section 10b CEO totalDEF 14A2026-03-230001590714-26-000034CEO total compensation as printed in Element Solutions Inc's own proxy. As printed: 26,480,462. Filing ↗machine: r3 · c27 · span 596335–596345
18Cabot Corporation, Section 10b CEO totalDEF 14A2026-01-270001193125-26-023681CEO total compensation as printed in Cabot Corporation's own proxy. As printed: 9,307,883. Filing ↗machine: r3 · c39 · span 853934–853943
19H.B. Fuller Company, Section 10b CEO totalDEF 14A2026-03-040001437749-26-006811CEO total compensation as printed in H.B. Fuller Company's own proxy. As printed: 8,830,569. Filing ↗machine: r2 · c18 · span 903228–903237
20Innospec (subject), Section 10b CEO totalDEF 14A2026-03-260001174947-26-000427CEO total compensation as printed in Innospec's own proxy. As printed: 8,252,747. Filing ↗machine: r4 · c9 · span 1939600–1939609
21Ashland Inc., Section 10b CEO totalDEF 14A2025-12-090001193125-25-312753CEO total compensation as printed in Ashland Inc.'s own proxy. As printed: 7,907,423. Filing ↗machine: t125 · r3 · c21 · span 2021429–2021438
22Minerals Technologies Inc., Section 10b CEO totalDEF 14A2026-04-020001104659-26-039205CEO total compensation as printed in Minerals Technologies Inc.'s own proxy. As printed: 7,405,693. Filing ↗machine: r2 · c48 · span 1633829–1633838
23Avient Corporation, Section 10b CEO totalDEF 14A2026-03-270001628280-26-021576CEO total compensation as printed in Avient Corporation's own proxy. As printed: 5,818,257. Filing ↗machine: t45 · r2 · c8 · span 748439–748448
24AdvanSix Inc., Section 10b CEO totalDEF 14A2026-04-290001673985-26-000022CEO total compensation as printed in AdvanSix Inc.'s own proxy. As printed: 5,647,438. Filing ↗machine: span 646055–646064
25Rayonier Advanced Materials, Section 10b CEO totalDEF 14A2026-03-300001140361-26-011995CEO total compensation as printed in Rayonier Advanced Materials's own proxy. As printed: 5,138,573. Filing ↗machine: r2 · c28 · span 1113828–1113837
26Stepan Company, Section 10b CEO totalDEF 14A2026-03-250001193125-26-122725CEO total compensation as printed in Stepan Company's own proxy. As printed: 4,327,042. Filing ↗machine: span 378020–378029
27Quaker Chemical Corporation, Section 10b CEO totalDEF 14A2026-03-310001628280-26-022236CEO total compensation as printed in Quaker Chemical Corporation's own proxy. As printed: 3,709,451. Filing ↗machine: r2 · c27 · span 836235–836244
28NewMarket Corporation, Section 10b CEO totalDEF 14A2026-03-120001193125-26-102973CEO total compensation as printed in NewMarket Corporation's own proxy. As printed: 3,694,678. Filing ↗machine: span 355173–355182
29Section 10a, AdvanSix Inc. reciprocityDEF 14A0001673985-26-000022AdvanSix Inc. names Innospec in its own disclosed peer group (read from its most recent proxy). Filing ↗
30Section 10a, Stepan Company reciprocityDEF 14A0001193125-26-122725Stepan Company names Innospec in its own disclosed peer group (read from its most recent proxy). Filing ↗
31Section 10a, Avient Corporation reciprocityDEF 14A0001628280-26-021576Avient Corporation's most recent proxy was read; its disclosed peer group does not include Innospec. Filing ↗
32Section 10a, Cabot Corporation reciprocityDEF 14A0001193125-26-023681Cabot Corporation names Innospec in its own disclosed peer group (read from its most recent proxy). Filing ↗
33Section 10a, Element Solutions Inc reciprocityDEF 14A0001590714-26-000034Element Solutions Inc's most recent proxy was read; its disclosed peer group does not include Innospec. Filing ↗
34Section 10a, Quaker Chemical Corporation reciprocityDEF 14A0001628280-26-022236Quaker Chemical Corporation names Innospec in its own disclosed peer group (read from its most recent proxy). Filing ↗
35Section 10a, Koppers Holding Inc. reciprocityDEF 14A0001315257-26-000026Koppers Holding Inc. names Innospec in its own disclosed peer group (read from its most recent proxy). Filing ↗
36Section 10a, NewMarket Corporation reciprocityDEF 14A0001193125-26-102973NewMarket Corporation names Innospec in its own disclosed peer group (read from its most recent proxy). Filing ↗
37Section 10a, H.B. Fuller Company reciprocityDEF 14A0001437749-26-006811H.B. Fuller Company's most recent proxy was read; its disclosed peer group does not include Innospec. Filing ↗