Lawrence C. Qua is the chairman of the nine-man board of Ionics Inc. He is also the company’s chief executive officer (CEO) and president, and one of its five highest-paid executives. The other four are Raymond C. Qua, senior vice president, treasurer and compliance officer; Ronan R. Andrade, vice president for finance; Cesar G. Caubalejo, vice president for internal audit; and Judy C. Qua, vice president for corporate affairs.
Ionics paid the five executives $519,607, of which $438,984 were salaries and $80,623 were “others,” in 2018; and $480,503, of which $397,461 were salaries and $83,042 were “others” in 2019. In 2020, the company estimated their salaries at $417,334 and “others” at $91,346, for a total of $508,680.
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