Surendralal Lanca  Karsanbhai net worth and biography

Surendralal Karsanbhai Biography and Net Worth

President & CEO of Emerson Electric

Lal Karsanbhai is president and chief executive officer of Emerson. Karsanbhai was named CEO of the $18.2 billion global technology and industrial software leader in 2021.

Prior to being named CEO, Karsanbhai led Emerson’s Automation Solutions business. In this role, which he began in October 2018, Karsanbhai was responsible for leading strategies, technologies and innovations to help essential industries enhance operations and achieve Top Quartile performance. He led Automation Solutions to strong performance, elevating Emerson’s software profile and digital transformation business.

Karsanbhai began his career at Emerson in 1995 as an international planner. He held a number of business development positions of increasing responsibility before being appointed director of corporate planning in 1999. He served as vice president of the regulator technologies business from 2002 until 2005, when he moved to Gallardon, France, as vice president and general manager of natural gas. There, he was responsible for integrating two European natural gas entities, restructuring the business and setting up a plant in Cluj-Napoca, Romania. 

Karsanbhai was named president of Emerson’s Fisher regulator technologies in 2008. In the role, he was responsible for a global business comprised of four distinct business units, nine manufacturing plants and 2,200 employees. 

In 2012, he moved to the role of vice president of planning, which he held until 2014. He was responsible for coordinating Emerson’s global planning and strategy. He also worked with top Emerson executives, business leaders, business unit presidents and world area leadership to organize the business plans and strategy sessions designed to drive growth and profitability.

Karsanbhai served as president of Emerson’s former Network Power business in Europe, Middle East and Africa from 2014 until 2016, when he was named group president of Emerson’s Rosemount Measurement & Analytical. He held this role until his appointment as leader of Automation Solutions in 2018.

Karsanbhai currently serves on the board of the Federal Reserve Bank of St. Louis and on the board of the US-China Business Council. He is also a member of Business Roundtable and The Business Council. In 2023, Karsanbhai was the recipient of the Distinguished Alumni Award at Washington University, Olin Business School. Karsanbhai is fluent in Portuguese, French and English and has lived and worked in Europe, Africa and North America. 

He has a bachelor’s degree in economics from the University of Michigan and a master’s degree in business administration from Washington University in St. Louis.

What is Surendralal Lanca Karsanbhai's net worth?

The estimated net worth of Surendralal Lanca Karsanbhai is at least $16.13 million as of November 17th, 2023. Mr. Karsanbhai owns 148,542 shares of Emerson Electric stock worth more than $16,128,690 as of April 21st. This net worth evaluation does not reflect any other investments that Mr. Karsanbhai may own. Additionally, Mr. Karsanbhai receives an annual salary of $5,390,000.00 as President & CEO at Emerson Electric. Learn More about Surendralal Lanca Karsanbhai's net worth.

How old is Surendralal Lanca Karsanbhai?

Mr. Karsanbhai is currently 53 years old. There are 7 older executives and no younger executives at Emerson Electric. Learn More on Surendralal Lanca Karsanbhai's age.

What is Surendralal Lanca Karsanbhai's salary?

As the President & CEO of Emerson Electric Co., Mr. Karsanbhai earns $5,390,000.00 per year. Learn More on Surendralal Lanca Karsanbhai's salary.

How do I contact Surendralal Lanca Karsanbhai?

The corporate mailing address for Mr. Karsanbhai and other Emerson Electric executives is 8000 West Florissant Avenue P O BOX 4100, St. Louis MO, 63136. Emerson Electric can also be reached via phone at (314) 553-2000. Learn More on Surendralal Lanca Karsanbhai's contact information.

Has Surendralal Lanca Karsanbhai been buying or selling shares of Emerson Electric?

Surendralal Lanca Karsanbhai has not been actively trading shares of Emerson Electric over the course of the past ninety days. Most recently, on Friday, November 17th, Surendralal Lanca Karsanbhai bought 10,000 shares of Emerson Electric stock. The stock was acquired at an average cost of $88.20 per share, with a total value of $882,000.00. Following the completion of the transaction, the chief executive officer now directly owns 148,542 shares of the company's stock, valued at $13,101,404.40. Learn More on Surendralal Lanca Karsanbhai's trading history.

Who are Emerson Electric's active insiders?

Emerson Electric's insider roster includes Sara Bosco (VP), Mark Bulanda (Insider), Bell Button (VP), Frank Dellaquila (CFO), Lisa Flavin (VP), Arthur Golden (Director), Surendralal Karsanbhai (President & CEO), Surendralal Karsanbhai (Pres), Ram Krishnan (Exec. VP & COO ), Edward Monser (President), Steven Pelch (COO), Edgar Purvis, Jr. (COO), and Vidya Ramnath (CMO). Learn More on Emerson Electric's active insiders.

Are insiders buying or selling shares of Emerson Electric?

In the last twelve months, Emerson Electric insiders bought shares 2 times. They purchased a total of 13,000 shares worth more than $1,138,920.00. In the last twelve months, insiders at the industrial products company sold shares 3 times. They sold a total of 53,631 shares worth more than $4,861,192.04. The most recent insider tranaction occured on February, 9th when Director Mark A Blinn sold 2,413 shares worth more than $248,973.34. Insiders at Emerson Electric own 0.3% of the company. Learn More about insider trades at Emerson Electric.

Information on this page was last updated on 2/9/2024.

Surendralal Lanca Karsanbhai Insider Trading History at Emerson Electric

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
11/17/2023Buy10,000$88.20$882,000.00148,542View SEC Filing Icon  
11/8/2019Sell4,779$73.70$352,212.3039,005View SEC Filing Icon  
11/28/2018Sell9,070$68.00$616,760.0020,000View SEC Filing Icon  
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Surendralal Lanca Karsanbhai Buying and Selling Activity at Emerson Electric

This chart shows Surendralal Lanca Karsanbhai's buying and selling at Emerson Electric by year and by quarter.

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Emerson Electric Company Overview

Emerson Electric logo
Emerson Electric Co., a technology and software company, provides various solutions for customers in industrial, commercial, and consumer markets in the Americas, Asia, the Middle East, Africa, and Europe. It operates in six segments: Final Control, Control Systems & Software, Measurement & Analytical, AspenTech, Discrete Automation, and Safety & Productivity. The Final Control segment provides control, isolation, shutoff, pressure relief, and pressure safety valves, actuators, and regulators for process and hybrid industries. The Measurement & Analytical segment offers intelligent instrumentation measuring the physical properties of liquids or gases, such as pressure, temperature, level, flow, acoustics, corrosion, pH, conductivity, water quality, toxic gases, and flame. The Discrete Automation segment offers solenoid and pneumatic valves, valve position indicators, pneumatic cylinders, air preparation equipment, pressure and temperature switches, electric linear motion solutions, programmable automation control systems, electrical distribution equipment, and materials joining solutions. The Safety & Productivity segment offers tools for professionals and homeowners; pipe-working tools, including pipe wrenches, pipe cutters, pipe threading and roll grooving equipment, battery hydraulic tools; electrical tools; and other professional tools. The Control Systems & Software segment provides distributed control systems, safety instrumented systems, SCADA systems, application software, digital twins, asset performance management, and cybersecurity. The Test & Measurement provides software-connected automated test and measurement systems. The AspenTech segment provides asset optimization software that enables industrial manufacturers to design, operate, and maintain operations for enhancing performance through a combination of decades of modeling, simulation, and optimization capabilities. The company was incorporated in 1890 and is headquartered in Saint Louis, Missouri.
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Today's Range

Now: $108.58
Low: $108.36
High: $110.12

50 Day Range

MA: $109.98
Low: $104.32
High: $114.68

2 Week Range

Now: $108.58
Low: $76.94
High: $115.26

Volume

2,108,076 shs

Average Volume

1,796,210 shs

Market Capitalization

$61.98 billion

P/E Ratio

5.66

Dividend Yield

1.93%

Beta

1.37