Douglas M. Baker, Jr
American businessman
Douglas M. Baker Jr. (born December 5, 1958) is an American business executive who is the executive chairman of the board of the sanitation products manufacturing company Ecolab.2
From Wikipedia’s article on Douglas M. Baker, Jr (this version), CC BY-SA 4.0.
Born Dec 5, 1958.1
About
He was previously the company's president and chief operating officer (COO) from 2002 to 2004 and its chief executive officer (CEO) from 2004 to 2020.
From Wikipedia’s article on Douglas M. Baker, Jr, shared under CC BY-SA 4.0.2
Companies
- Merck & Co.Board member May 24, 2022 to now10
- Target CorporationBoard member 2013 to now11
- EcolabChair Oct 24, 2006 to Feb 25, 202212
- EcolabChief executive officer Dec 10, 2004 to Dec 7, 202013
- U.S. BancorpBoard member Feb 4, 2008 to Jan 22, 201814
- EcolabPresident Aug 15, 2003 to Oct 7, 201115
- EcolabBoard member Dec 10, 2004 to Dec 15, 200513
- EcolabChief operating officer Aug 15, 2003 to Dec 15, 200315
Holdings
Stock this person has reported owning, from the forms officers and directors file with the SEC. See the biggest insider stakes.
Shares held
Ecolab ECL622,824 shares16$179.7M at $288.55Feb 25, 2022
Target Corporation TGT44,294 shares17$6.8M at $154.44Mar 11, 2026
Merck & Co. MRK16,000 shares18$2.3M at $145.87Jun 2, 2026
U.S. Bancorp USB1,000 shares19$58.7K at $58.70Apr 17, 2008
As of each latest filing. The line shows shares held over time.
Recent filings
- Mar 11, 2026Granted 1,676 shares of Target Corporation17
- Mar 12, 2025Granted 1,841 shares of Target Corporation20
- Feb 5, 2025Bought 15,000 shares at $88.50 of Merck & Co.21
- Mar 13, 2024Granted 1,148 shares of Target Corporation22
- Mar 8, 2023Granted 2,056 shares of Target Corporation23
- Mar 30, 2022Shares withheld for tax 1,675 shares at $223.26 of Target Corporation24
- Mar 30, 2022Exercised options 5,570 shares at $67.12 of Target Corporation24
- Mar 9, 2022Granted 878 shares of Target Corporation25
- Feb 23, 2022Shares withheld for tax 14,747 shares at $175.59 of Ecolab16
- Feb 23, 2022Granted 34,202 shares of Ecolab16
- Dec 15, 2021Gift 26,316 shares of Ecolab26
- Sep 14, 2021Sold 144 shares at $224.23 of Ecolab27
- Sep 14, 2021Sold 172,892 shares at $223.54 of Ecolab27
- Sep 14, 2021Exercised options 173,036 shares at $119.12 of Ecolab27
- Mar 10, 2021Granted 1,004 shares of Target Corporation28
- Feb 25, 2021Shares withheld for tax 16,626 shares at $213.54 of Ecolab29
- Feb 25, 2021Granted 38,003 shares of Ecolab29
- Dec 11, 2020Gift 13,500 shares of Ecolab30
- Dec 3, 2020Sold 4,458 shares at $223.45 of Ecolab31
- Dec 3, 2020Sold 21,160 shares at $222.65 of Ecolab31
- Dec 3, 2020Sold 10,226 shares at $221.52 of Ecolab31
- Dec 3, 2020Sold 5,451 shares at $220.71 of Ecolab31
- Dec 3, 2020Sold 31,812 shares at $219.60 of Ecolab31
- Dec 3, 2020Exercised options 80,526 shares at $107.69 of Ecolab31
- Dec 2, 2020Sold 7,990 shares at $221.21 of Ecolab31
Trade performance
| Date | Stock | Trade | Value | Return since | Vs S&P since | Vs S&P, 1 year |
|---|---|---|---|---|---|---|
| Sep 14, 2021 | ECL | Sale | $38.7M | +29.2% | +44.5% | +15.2% |
| Dec 3, 2020 | ECL | Sale | $16.2M | +31.5% | +79.0% | +23.2% |
| Dec 2, 2020 | ECL | Sale | $16.5M | +31.8% | +78.6% | +22.2% |
| Jun 8, 2020 | ECL | Sale | $29.3M | +25.5% | +113.3% | +38.4% |
| Feb 20, 2020 | ECL | Sale | $33.6M | +40.0% | +89.0% | +14.9% |
| Feb 2, 2020 | ECL | Sale | $1.9M | +43.3% | +94.8% | +13.4% |
| Mar 1, 2019 | ECL | Sale | $26.7M | +69.8% | +105.5% | −2.2% |
Returns are price-only (no dividends), measured from the trade date.
Early life and education
Baker was born in Carmel-by-the-Sea, California, in 1958. His family later moved to Minnesota after his father, Douglas Baker Sr., accepted an executive position with the Pillsbury Company. Baker grew up in Minneapolis and graduated from West High School. As a high school student, he played ice hockey and initially considered pursuing the sport as a career.
After high school, Baker received a scholarship to the College of the Holy Cross in Worcester, Massachusetts. He played hockey at Holy Cross until his sophomore year, when bouts of mononucleosis and hepatitis forced him to stop playing. He graduated from Holy Cross in 1981 with a Bachelor of Arts degree in English. After graduating, Baker spent the following year in Aspen, Colorado, as a skier before beginning his business career.
From Wikipedia’s article on Douglas M. Baker, Jr (this version), CC BY-SA 4.0.
Career
Occupation: businessperson.7
- Since 2022Board member, Merck & Co.6
- Since 2013Board member, Target Corporation5
Baker joined Ecolab in 1989, initially holding various marketing and leadership positions in the U.S. and Europe including vice president and general manager of Kay Chemical Co. a division of Ecolab that provides cleaning and sanitizing programs tailored specifically for the quick food service (fast food) and food retail (supermarket and grocery) markets.
Baker then became vice president of Ecolab’s Institutional business sector, which provides cleaning and sanitation products, programs and services to food service, hospitality, healthcare, and commercial customers in North America.
Baker was named Ecolab’s president and chief operating officer in 2002, president and chief executive officer in 2004 and added chairman of the board responsibilities in 2006. From 12/31/2013 to 12/31/2017, Ecolab's sales grew from $3.6 billion to $14 billion, a 268% increase, and shareholder's equity increased 476%.
Baker has received numerous awards and recognition throughout his career. Most recently, he was awarded the 2018 Deming Cup for Operational Excellence. He was named to the Forbes Global 2000: Hall of Fame CEOs, and named 2014 Responsible CEO of the Year by Corporate Responsibility Magazine. He also was named one of the world's top CEOs by Harvard Business Review in 2016 (#41) and 2017 (#39) and was inducted into the Minnesota Business Hall of Fame in 2012.
Before joining Ecolab, Baker spent seven years with Procter & Gamble in various brand management positions.
In addition to his Ecolab responsibilities, Baker serves as a member of the board of directors of Target Corporation, as a member of the board of trustees of Mayo Clinic, and as trustee emeritus of the National Restaurant Association Educational Foundation. He is a former member of the board of directors of U.S. Bancorp and past member of the board of overseers at the University of Minnesota. He also serves on the board of trustees of the College of the Holy Cross, his alma mater.
From Wikipedia’s article on Douglas M. Baker, Jr (this version), CC BY-SA 4.0.
Personal life
- CitizenshipUnited States8
Links
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataDouglas M. Baker, Jr on Wikidata
- 2WikipediaDouglas M. Baker, Jr on Wikipedia
- 3
- 4Wikidataeducation, as reported
- 5
- 6
- 7
- 8
- 9
- 10Wikidata and SEC EDGARMerck & Co., Board member
- 11Wikidata and SEC EDGARTarget Corporation, Board member
- 12SEC EDGAREcolab, Chair
- 13SEC EDGAREcolab, Chief executive officer
- 14SEC EDGARU.S. Bancorp, Board member
- 15SEC EDGAREcolab, President
- 16
- 17
- 18
- 19
- 20SEC EDGARForm 4 filed Mar 14, 2025
- 21SEC EDGARForm 4 filed Feb 7, 2025
- 22SEC EDGARForm 4 filed Mar 15, 2024
- 23SEC EDGARForm 4 filed Mar 10, 2023
- 24SEC EDGARForm 4 filed Mar 31, 2022
- 25SEC EDGARForm 4 filed Mar 10, 2022
- 26SEC EDGARForm 5 filed Jan 6, 2022
- 27SEC EDGARForm 4 filed Sep 15, 2021
- 28SEC EDGARForm 4 filed Mar 11, 2021
- 29SEC EDGARForm 4 filed Mar 1, 2021
- 30SEC EDGARForm 5 filed Jan 29, 2021
- 31SEC EDGARForm 4 filed Dec 4, 2020