Sivasankaran  Somasundaram net worth and biography

Sivasankaran Somasundaram Biography and Net Worth

CEO of ChampionX
Sivasankaran (“Soma”) Somasundaram will serve as the President and CEO of Apergy, leading a senior management team of proven experts, with substantial and relevant experience in the energy sector.

Soma is currently the President & Chief Executive Officer of Dover Energy (a segment of Dover Corporation), having joined the Company in March 2004. Dover Energy provides highly engineered products & solutions for the global energy industry.

Soma has been in this role since August 2013. Prior to this role, Soma served as Executive Vice President (January 2012 – July 2013) of Dover Energy; Executive Vice President (January 2010 – December 2011) of Dover Fluid Management; President (January 2008 – December 2009) of Dover’s Fluid Solutions Platform; President (June 2006 – December 2007) of Dover’s Gas Equipment Group; President (March 2004 – May 2006) of RPA Process Technologies. Soma began his working career at Baker Hughes in Tulsa, Oklahoma and Apergy Unlocking Energy progressed through a number of positions of increasing responsibility in businesses that served the energy, chemical, mining, sanitary and other process industries.

Soma has a M.S. in Industrial Engineering from University of Oklahoma and a B.S. in Mechanical Engineering from Anna University in Chennai, India. He brings a strong global business background, having lived and worked in India, Germany, Singapore, and Australia.

Soma is a member of the Board of Directors of the World Affairs Council of Greater Houston, the Petroleum Equipment Suppliers Association (Gulf Coast), and The IndoAmerican Community Services. He also serves on the Executive Committee and Audit Committee of the World Affairs Council of Greater Houston.

What is Sivasankaran Somasundaram's net worth?

The estimated net worth of Sivasankaran Somasundaram is at least $14.63 million as of July 24th, 2023. Mr. Somasundaram owns 469,382 shares of ChampionX stock worth more than $14,625,943 as of June 19th. This net worth approximation does not reflect any other assets that Mr. Somasundaram may own. Additionally, Mr. Somasundaram receives an annual salary of $1,980,000.00 as CEO at ChampionX. Learn More about Sivasankaran Somasundaram's net worth.

How old is Sivasankaran Somasundaram?

Mr. Somasundaram is currently 58 years old. There are 6 older executives and no younger executives at ChampionX. Learn More on Sivasankaran Somasundaram's age.

What is Sivasankaran Somasundaram's salary?

As the CEO of ChampionX Co., Mr. Somasundaram earns $1,980,000.00 per year. Learn More on Sivasankaran Somasundaram's salary.

How do I contact Sivasankaran Somasundaram?

The corporate mailing address for Mr. Somasundaram and other ChampionX executives is 2445 TECHNOLOGY FOREST BLVD BUILDING 4 FLOOR 12, THE WOODLANDS TX, 77381. ChampionX can also be reached via phone at (281) 403-5772 and via email at [email protected]. Learn More on Sivasankaran Somasundaram's contact information.

Has Sivasankaran Somasundaram been buying or selling shares of ChampionX?

Sivasankaran Somasundaram has not been actively trading shares of ChampionX in the last ninety days. Most recently, Sivasankaran Somasundaram sold 7,404 shares of the business's stock in a transaction on Monday, July 24th. The shares were sold at an average price of $35.00, for a transaction totalling $259,140.00. Following the completion of the sale, the chief executive officer now directly owns 469,382 shares of the company's stock, valued at $16,428,370. Learn More on Sivasankaran Somasundaram's trading history.

Who are ChampionX's active insiders?

ChampionX's insider roster includes Deric Bryant (Insider), Paul Mahoney (Insider), Antoine Marcos (CAO), Sivasankaran Somasundaram (CEO), Stephen Todd (Director), and Julia Wright (VP). Learn More on ChampionX's active insiders.

Are insiders buying or selling shares of ChampionX?

During the last twelve months, insiders at the sold shares 7 times. They sold a total of 272,388 shares worth more than $9,604,231.66. The most recent insider tranaction occured on March, 28th when insider William Jr. O'dell sold 27,178 shares worth more than $978,408.00. Insiders at ChampionX own 1.4% of the company. Learn More about insider trades at ChampionX.

Information on this page was last updated on 3/28/2024.

Sivasankaran Somasundaram Insider Trading History at ChampionX

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
7/24/2023Sell7,404$35.00$259,140.00469,382View SEC Filing Icon  
7/12/2023Sell14,326$34.00$487,084.00476,786View SEC Filing Icon  
11/11/2022Sell4,872$32.48$158,242.56373,728View SEC Filing Icon  
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Sivasankaran Somasundaram Buying and Selling Activity at ChampionX

This chart shows Sivasankaran Somasundaram's buying and selling at ChampionX by year and by quarter.

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ChampionX Company Overview

ChampionX logo
ChampionX Corporation provides chemistry solutions, artificial lift systems, and engineered equipment and technologies to oil and gas companies worldwide. The company operates through four segments: Production Chemical Technologies, Production & Automation Technologies, Drilling Technologies, and Reservoir Chemical Technologies. The Production Chemical Technologies segment offers onshore, offshore, and oil sands chemical solutions, such as corrosion inhibitors, scale inhibitors, emulsion breakers, and biocides to oil and natural gas production and midstream markets to manage and control corrosion, oil and water separation, flow assurance, sour gas treatment, and water-related issues. The Production & Automation Technologies segment provides artificial lift equipment, end-to-end digital automation solutions, and other production equipment and emissions monitoring solutions, including electrical submersible pumping systems, gas lift systems, jet pumps, multiplex surface pumps, plunger lift equipment, progressive cavity pumping systems, downhole rod lift systems, methane emissions monitoring solutions, chemical injection systems, flow control valves, and gauges under the Harbison-Fischer, Norris, Alberta Oil Tool, Oil Lift Technology, PCS Ferguson, Pro-Rod, Upco, Unbridled ESP, Norriseal-Wellmark, Quartzdyne, Spirit, Theta, Timberline, and Windrock brands. The Drilling Technologies segment offers polycrystalline diamond cutter inserts, bearings, valves, nozzles, and mining tools used in oil and gas drill bits under the US Synthetic brand; and high-density ceramic roof bolt mining tools for underground mining operations. The Reservoir Chemical Technologies segment provides chemistry-oriented solutions and technologies for well drilling, cementing, fracturing, acidizing, and other well interventions, as well as fracturing, drilling, cementing, acidizing additives. The company was founded in 1882 and is headquartered in The Woodlands, Texas.
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Today's Range

Now: $31.16
Low: $30.65
High: $31.71

50 Day Range

MA: $33.81
Low: $30.19
High: $38.66

2 Week Range

Now: $31.16
Low: $25.46
High: $39.95

Volume

2,576,688 shs

Average Volume

1,733,552 shs

Market Capitalization

$5.93 billion

P/E Ratio

16.93

Dividend Yield

1.24%

Beta

2.39