ASH · Ashland Inc.

$73.71 +0.36 (+0.49%) At close · Aug 14

Market Cap

$3.36B

45.79M

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Guillermo Novo	Chair and Chief Executive Officer	$1,152,332	—	$5,233,863	—	$1,313,830	$207,398	$7,907,423
Kevin Willis	CFO	$496,943	—	$1,455,194	—	$354,333	$100,859	$2,407,328
J. Kevin Willis	SVP, Chief Financial Officer	$496,943	—	$1,455,194	—	$354,333	$100,859	$2,407,328
William Whitaker	SVP and Chief Financial Officer	$323,475	—	$1,748,658	—	$243,686	$34,549	$2,350,368
Alessandra Faccin Assis	SVP & GM Life Sciences & Intermediates	$500,347	—	$776,798	—	$286,146	$522,888	$2,086,178
Osama M. Musa	SVP, Chief Technology Officer	$520,185	—	$807,638	—	$355,852	$60,147	$1,743,822
Karl Bostaph	SVP, Operations	$383,869	—	$412,919	—	$236,504	$503,232	$1,536,524
James Minicucci	SVP & GM Personal Care	$457,460	—	$591,839	—	$311,409	$60,793	$1,421,501

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Guillermo Novo	Chair and Chief Executive Officer	$1,128,500	—	$6,242,771	—	$1,477,772	$132,948	$8,981,991
Kevin Willis	CFO	$630,270	—	$1,759,077	—	$594,245	$75,556	$3,059,148
J. Kevin Willis	SVP, Chief Financial Officer	$630,270	—	$1,759,077	—	$594,245	$75,556	$3,059,148
Min S. Chong	—	$350,427	—	$915,356	—	—	$1,001,516	$2,267,299
Alessandra Faccin Assis	SVP & GM Life Sciences & Intermediates	$131,923	$90,000	$1,439,918	—	$96,487	$252,119	$2,010,447
Osama M. Musa	SVP, Chief Technology Officer	$509,430	—	$947,789	—	$400,260	$65,188	$1,922,667
Karl Bostaph	SVP, Operations	$387,420	—	$491,685	—	$269,946	$462,145	$1,611,196

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Guillermo Novo	Chair and Chief Executive Officer	$1,114,805	—	$5,454,895	—	$101,565	$286,649	$6,957,914
J. Kevin Willis	SVP, Chief Financial Officer	$624,974	—	$1,611,560	—	$42,544	$133,300	$2,412,378
Kevin Willis	CFO	$624,974	—	$1,611,560	—	$42,544	$133,300	$2,412,378
Xiao Lan Wang	SVP, GM Personal Care	$393,512	—	$752,360	—	—	$1,256,411	$2,402,283
Osama M. Musa	SVP, Chief Technology Officer	$505,150	—	$1,668,341	—	$28,656	$96,770	$2,298,917
Former SVP	GM Specialty Additives & Personal Care	$442,198	—	$1,557,107	—	$20,128	$84,589	$2,104,022
Ashok Kalyana	SVP, GM Life Sciences	$431,669	—	$744,180	—	$268,162	$74,798	$1,518,809

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Guillermo Novo	Chair and Chief Executive Officer	$1,088,525	—	$5,813,052	—	$2,202,217	$213,408	$9,317,202
J. Kevin Willis	SVP, Chief Financial Officer	$607,941	—	$1,826,148	—	$922,455	$100,100	$2,770,444
Kevin Willis	CFO	$607,941	—	$1,826,148	—	$922,455	$100,100	$2,770,444
Osama M. Musa	SVP, Chief Technology Officer	$494,596	—	$983,987	—	$621,336	$82,168	$2,182,087
Min S. Chong	SVP, GM Specialty Additives, and Intermediates	$426,874	—	$786,349	—	$431,809	$74,665	$1,719,697
Former SVP	GM Specialty Additives & Personal Care	$426,874	—	$786,349	—	$431,809	$74,665	$1,719,697
Ashok Kalyana	SVP, GM Life Sciences	$416,710	—	$767,650	—	$331,082	$94,443	$1,609,885

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Guillermo Novo	Chair and Chief Executive Officer	$1,059,854	—	$5,070,529	—	$1,293,939	$100,100	$7,524,422
Peter J. Ganz	—	$213,822	—	$1,000,058	—	$106,878	$908,536	$2,229,294
Osama M. Musa	SVP, Chief Technology Officer	$494,596	—	$898,484	—	$373,469	$83,234	$1,849,783
Min S. Chong	SVP, GM Specialty Additives, and Intermediates	$403,016	—	$403,846	—	$425,678	$54,087	$1,286,627
Eric N. Boni	VP, Finance and Principal Accounting Officer	$336,009	—	$208,497	—	$171,715	$372,034	$1,088,255
Keith C. Silverman	—	$121,462	$150,000	—	—	$47,598	$691,189	$1,010,249

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Guillermo Novo	Chair and Chief Executive Officer	$813,242	$1,000,000	$7,605,078	$1,111,646	$1,103,508	$36,881	$11,670,355
G. Novo	Chairman of the Board and Chief Executive Officer	$813,242	$1,000,000	$7,605,078	$1,111,646	$1,103,508	$36,881	$11,670,355
J. Kevin Willis	SVP, Chief Financial Officer	$609,652	—	$1,095,808	$357,799	$471,474	$105,980	$2,746,663
J. K. Willis	Senior Vice President and Chief Financial Officer	$609,652	—	$1,095,808	$357,799	$471,474	$105,980	$2,746,663
Kevin Willis	CFO	$609,652	—	$1,095,808	$357,799	$471,474	$105,980	$2,746,663
A.T. Schumann	—	$478,693	—	$593,280	$193,471	$264,985	$891,080	$2,560,711
V. J. Consiglio	—	$131,698	—	$638,488	$207,232	$114,525	$1,204,607	$2,296,550
P. J. Ganz	Senior Vice President, General Counsel and Secretary	$561,550	—	$687,928	$224,232	$368,855	$86,009	$1,928,574
Former SVP	General Counsel and Secretary	$561,550	—	$687,928	$224,232	$368,854	$86,009	$1,928,574
Osama M. Musa	SVP, Chief Technology Officer	$504,106	—	$605,640	$197,518	$324,876	$76,667	$1,708,807
O. M. Musa	Senior Vice President, Chief Technology Officer	$504,106	—	$605,640	$197,518	$324,876	$76,667	$1,708,807
M. S. Chong	Senior Vice President and GM, Performance Additives and Intermediates & Solvents	$280,554	$200,000	$929,956	$75,938	$139,917	$40,895	$1,667,260
Min S. Chong	SVP, GM Specialty Additives, and Intermediates	$280,554	$200,000	$929,956	$75,938	$139,917	$40,895	$1,667,260

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
W. A. Wulfsohn	Former, Chairman of the Board and Chief Executive Officer	$1,189,000	—	$3,551,774	$1,412,483	$954,642	$264,486	$7,372,385
J. Kevin Willis	SVP, Chief Financial Officer	$609,652	—	$1,008,800	$399,490	$360,189	$122,081	$2,844,843
Kevin Willis	CFO	$609,652	—	$1,008,800	$399,490	$360,189	$122,081	$2,844,843
J. K. Willis	Senior Vice President and Chief Financial Officer	$609,652	—	$1,008,800	$399,490	$360,189	$122,081	$2,844,843
Former Senior Vice	President, Chief Human Resources and Information Technology Officer	$478,579	—	$529,620	$209,623	$243,181	$84,401	$1,846,605
P. J. Ganz	Senior Vice President, General Counsel and Secretary	$562,450	—	$630,500	$250,230	$281,791	$111,141	$1,836,112
Former SVP	General Counsel and Secretary	$562,450	—	$630,500	$250,230	$281,791	$111,141	$1,836,112
Osama M. Musa	SVP, Chief Technology Officer	$496,350	—	$810,989	$121,823	$248,193	$79,130	$1,756,485
O. M. Musa	Senior Vice President, Chief Technology Officer	$496,350	—	$810,989	$121,823	$248,193	$79,130	$1,756,485

Fiscal 2018

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
W. A. Wulfsohn	Former, Chairman of the Board and Chief Executive Officer	$1,189,000	—	$3,830,428	$2,030,670	$1,818,314	$275,617	$9,144,029
J. K. Willis	Senior Vice President and Chief Financial Officer	$600,256	—	$1,055,853	$558,189	$686,054	$107,108	$3,007,460
P. J. Ganz	Senior Vice President, General Counsel and Secretary	$550,335	—	$656,064	$346,293	$536,729	$95,510	$2,184,931

Executive changes

Person	Role	Change	Effective	Filed
Allen Spizzo	independent director	Appointed	2026-07-27	2026-07-28
Peter Thomas	independent director	Appointed	2026-07-27	2026-07-28
Bertrand Loy	independent director	Appointed	2026-05-15	2026-05-18
Sergio Pedreiro	Board of Directors	Resigned	2025-09-30	2025-09-18
William Whitaker	Interim Chief Financial Officer and Principal Financial Officer	Appointed	2025-05-06	2025-07-21
William Whitaker	Senior Vice President, Chief Financial Officer and Principal Financial Officer	Appointed	2025-07-18	2025-07-21
Wayne Muil	senior vice president, operations	Appointed	2025-07-14	2025-07-14
Karl Bostaph	Senior Vice President, Operations	Retired	2025-10-01	2025-07-14
Samuel A. Richardson	Vice President, Controller and Principal Accounting Officer	Appointed	2025-05-06	2025-05-05
William C. Whitaker	Interim Chief Financial Officer	Appointed	2025-05-06	2025-05-05
J. Kevin Willis	Senior Vice President, Chief Financial Officer, Principal Financial Officer and Principal Accounting Officer	Resigned	2025-05-16	2025-05-05
J. Kevin Willis	Principal Accounting Officer	Appointed	2025-01-21	2025-01-22
Ashish K. Kulkarni	independent director	Appointed	2024-05-06	2024-05-09
Ashok Kalyana	Senior Vice President, and General Manager, Life Sciences and Intermediates	Resigned	2024-05-10	2024-04-30
Scott A. Tozier	independent director	Appointed	2024-04-15	2024-04-15
Sanat Chattopadhyay	independent director	Appointed	2023-11-13	2023-11-14
Sergio Pedreiro	member of the Board of Directors	Appointed	2023-07-01	2023-06-26
Steven D. Bishop	to serve on the Board	Appointed	2022-07-01	2022-06-10
Suzan F. Harrison	to serve on the Board	Appointed	2022-07-01	2022-06-10

Key facts CIK 1674862 CUSIP 044186104 13F (30d) 355 filings 330 filers Visit website