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Douglas M. Baker, Jr. net worth and biography

Douglas Baker, Jr. Biography and Net Worth

Chairman of Ecolab

Biography – Executive Chairman of the Board and former Chief Executive Officer of Ecolab. Director of Ecolab since 2004.

Mr. Baker joined Ecolab in 1989 and held various leadership positions within our Institutional, Europe and Kay operations. Mr. Baker was named Ecolab’s President and Chief Operating Officer in August 2002, was promoted to President and Chief Executive Officer in July 2004 and added the position of Chairman of the Board in May 2006. Mr. Baker relinquished the office of President in December 2011 upon completion of the Nalco merger and retired as chief executive officer at the end of 2020. Prior to joining Ecolab in 1989, Mr. Baker was employed by The Procter & Gamble Company in various marketing and management positions.

Qualifications – Mr. Baker has more than 30 years of Ecolab marketing, sales and management experience, including leadership roles in Ecolab’s Institutional, Europe and Kay businesses before becoming Ecolab’s Chief Operating Officer in 2002 and Chief Executive Officer in 2004. Ecolab grew significantly under Mr. Baker’s leadership as CEO. From 2004 through 2020, Ecolab’s sales increased 213%, earnings per share increased more than 318%, and market capitalization increased 775%. The share price of Ecolab stock increased 690% during this period while the number of Ecolab employees grew more than 111% to more than 44,000.

Mr. Baker has been recognized for his leadership and commitment to responsible business. He was named Responsible CEO of the Year by CR Magazine in 2014, was awarded the University of Notre Dame Hesburgh Award for Ethical and Socially Responsible Business Practices in 2016, and received the 2018 Deming Cup for Operational Excellence. In 2019, he ranked 38th on Harvard Business Review’s list of the world’s best performing CEOs.

In addition, his experience at The Procter & Gamble Company included various marketing and management positions, including in the Institutional market in which Ecolab operates. As a director of other public companies, Mr. Baker also has extensive corporate governance experience.

Other directorships held during the past five years – Lead Director of Target Corporation. Formerly a director of U.S. Bancorp.

What is Douglas M. Baker, Jr.'s net worth?: The estimated net worth of Douglas M. Baker, Jr. is at least $174.78 million as of September 14th, 2021. Mr. Baker, Jr. owns 796,963 shares of Ecolab stock worth more than $174,781,956 as of April 23rd. This net worth estimate does not reflect any other assets that Mr. Baker, Jr. may own. Learn More about Douglas M. Baker, Jr.'s net worth.
How do I contact Douglas M. Baker, Jr.?: The corporate mailing address for Mr. Baker, Jr. and other Ecolab executives is 1 ECOLAB PLACE, SAINT PAUL MN, 55102. Ecolab can also be reached via phone at (800) 232-6522 and via email at [email protected]. Learn More on Douglas M. Baker, Jr.'s contact information.
Has Douglas M. Baker, Jr. been buying or selling shares of Ecolab?: Douglas M. Baker, Jr. has not been actively trading shares of Ecolab over the course of the past ninety days. Most recently, Douglas M. Baker, Jr. sold 173,036 shares of the business's stock in a transaction on Tuesday, September 14th. The shares were sold at an average price of $223.54, for a transaction totalling $38,680,467.44. Following the completion of the sale, the chairman now directly owns 796,963 shares of the company's stock, valued at $178,153,109.02. Learn More on Douglas M. Baker, Jr.'s trading history.
Who are Ecolab's active insiders?: Ecolab's insider roster includes Nicholas Alfano (EVP), Douglas Baker, Jr. (Chairman), Barbara Beck (Director), Christophe Beck (EVP), Larry Berger (EVP), Darrell Brown (EVP), Angela Busch (EVP), Jerome Charton (EVP), Machiel Duijser (EVP), Jeffrey Ettinger (Director), Arthur Higgins (Director), Scott Kirkland (SVP), David Maclennan (Director), Laurie Marsh (EVP), Michael McCormick (EVP), Tracy McKibben (Director), Timothy Mulhere (EVP), Gail Peterson (SVP), Victoria Reich (Director), Daniel Schmechel (CFO), Elizabeth Simermeyer (EVP), and Jill Wyant (EVP). Learn More on Ecolab's active insiders.
Are insiders buying or selling shares of Ecolab?: During the last year, Ecolab insiders bought shares 2 times. They purchased a total of 1,450 shares worth more than $272,648.50. During the last year, insiders at the basic materials company sold shares 9 times. They sold a total of 84,967 shares worth more than $15,284,403.33. The most recent insider tranaction occured on December, 4th when EVP Laurie M Marsh sold 11,917 shares worth more than $2,281,032.97. Insiders at Ecolab own 0.5% of the company. Learn More about insider trades at Ecolab.
Information on this page was last updated on 12/4/2023.

Douglas M. Baker, Jr. Insider Trading History at Ecolab

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
9/14/2021	Sell	173,036	$223.54	$38,680,467.44	796,963
12/3/2020	Sell	148,107	$220.48	$32,654,631.36	683,631
2/20/2020	Sell	162,723	$206.44	$33,592,536.12	750,104
2/2/2020	Sell	9,233	$207.66	$1,917,324.78	750,104
3/1/2019	Sell	157,125	$170.14	$26,733,247.50	536,060
11/7/2018	Sell	40,025	$160.20	$6,412,005.00	558,017
12/6/2017	Sell	18,000	$137.09	$2,467,620.00	427,548
8/19/2016	Sell	25,800	$122.41	$3,158,178.00	456,349
11/6/2015	Sell	42,500	$116.97	$4,971,225.00	372,558
11/20/2014	Sell	45,000	$113.39	$5,102,550.00
6/11/2014	Sell	30,000	$109.38	$3,281,400.00

Douglas M. Baker, Jr. Buying and Selling Activity at Ecolab

Ecolab Company Overview

Ecolab Inc. provides water, hygiene, and infection prevention solutions and services in the United States and internationally. The company operates through three segments: Global Industrial; Global Institutional & Specialty; and Global Healthcare & Life Sciences. The Global Industrial segment offers water treatment and process applications, and cleaning and sanitizing solutions to manufacturing, food and beverage processing, transportation, chemical, metals and mining, power generation, pulp and paper, commercial laundry, petroleum, refining, and petrochemical industries. Its Global Institutional & Specialty segment provides specialized cleaning and sanitizing products to the foodservice, hospitality, lodging, government and education, and retail industries. The Global Healthcare & Life Sciences segment offers specialized cleaning and sanitizing products to the healthcare, personal care, and pharmaceutical industries, such as infection prevention and surgical solutions, and end-to-end cleaning and contamination control solutions under the Ecolab, Microtek, and Anios brand names. In addition, the company provides pest elimination services to detect, eliminate, and prevent pests, such as rodents and insects in restaurants, food and beverage processors, hotels, grocery operations, and other commercial segments including education, life sciences, and healthcare customers. Further, it offers colloidal silica for binding and polishing applications in semiconductor, catalyst, and aerospace component manufacturing, as well as chemical industries; and products and services that manage wash process through custom designed programs, premium products, dispensing equipment, water and energy management, and reduction, as well as real time data management. It sells its products through field sales and corporate account personnel, distributors, and dealers. Ecolab Inc. was founded in 1923 and is headquartered in Saint Paul, Minnesota.

Today's Range

Now: $219.04

$218.33

$220.39

50 Day Range

MA: $223.67

$215.38

$231.80

2 Week Range

Now: $219.04

$156.72

$231.86

Volume

43,060 shs

Average Volume

1,204,213 shs

Market Capitalization

$62.63 billion

P/E Ratio

45.73

Dividend Yield

1.05%

Beta

1.1