Sivasankaran Somasundaram
Net Worth
Last updated:
What is Sivasankaran Somasundaram net worth?
The estimated net worth of Mr. Sivasankaran Somasundaram is at least $21,062,863 as of 7 Sep 2023. He owns shares worth $11,760,984 as insider, has earned $1,441,879 from insider trading and has received compensation worth at least $7,860,000 in ChampionX Corporation.
What is the salary of Sivasankaran Somasundaram?
Mr. Sivasankaran Somasundaram salary is $1,310,000 per year as Pres, Chief Executive Officer & Director in ChampionX Corporation.
How old is Sivasankaran Somasundaram?
Mr. Sivasankaran Somasundaram is 59 years old, born in 1966.
What stocks does Sivasankaran Somasundaram currently own?
As insider, Mr. Sivasankaran Somasundaram owns shares in one company:
| Company | Title | Shares | Price per share | Total value |
|---|---|---|---|---|
| ChampionX Corporation (CHX) | Pres, Chief Executive Officer & Director | 455,499 | $25.82 | $11,760,984 |
What does ChampionX Corporation do?
ChampionX Corporation provides chemistry solutions, and engineered equipment and technologies to oil and gas companies worldwide. The company's Production Chemical Technologies segment offers onshore and offshore 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 company's Production & Automation Technologies segment provides artificial lift equipment, end-to-end automation and digital solutions, and other production equipment, including electrical submersible pumping systems, gas lift systems, jet pumps, multiplex surface pumps, plunger lift equipment, progressive cavity pumping systems, downhole rod lift systems, 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 company's Drilling Technologies segment offers polycrystalline diamond cutter inserts, bearings, valves, and mining tools under the US Synthetic brand for use in oil and gas drill bits, renewable energy applications, mixers, and agitators; and high-density ceramic roof bolt mining tools for underground mining operations. The company's Reservoir Chemical Technologies segment provides chemistry-oriented solutions and technologies for well drilling, cementing, fracturing, acidizing, and other well interventions, as well as fracturing fluid packages, drilling and cement additives, and products for acidizing activities. ChampionX Corporation is headquartered in The Woodlands, Texas.
Sivasankaran Somasundaram insider trading
ChampionX Corporation
Mr. Sivasankaran Somasundaram has made 5 insider trades between 2019-2023, according to the Form 4 filled with the SEC.
The largest trade he's ever made was exercising 40,000 units of CHX stock on 1 Nov 2022. As of 7 Sep 2023 he still owns at least 455,499 units of CHX stock.
ChampionX key executives
ChampionX Corporation executives and other stock owners filed with the SEC:
- Mr. Kenneth M. Fisher (63) Executive Vice President & Chief Financial Officer
- Mr. Paul E. Mahoney (61) Pres of Production & Automation Technologies
- Mr. Sivasankaran Somasundaram (59) Pres, Chief Executive Officer & Director
- Mr. Syed Raza (58) Senior Vice President & Chief Digital Officer
- Ms. Julia Wright (49) Senior Vice President, Gen. Counsel & Sec.