The estimated Net Worth of Michael Fung is at least $1.73 Milión dollars as of 11 May 2020. Mr. Fung owns over 4,830 units of Franklin Covey Co stock worth over $1,542,695 and over the last 12 years he sold FC stock worth over $0. In addition, he makes $185,000 as Independent Director at Franklin Covey Co.
Michael has made over 4 trades of the Franklin Covey Co stock since 2013, according to the Form 4 filled with the SEC. Most recently he bought 4,830 units of FC stock worth $100,319 on 11 May 2020.
The largest trade he's ever made was buying 4,830 units of Franklin Covey Co stock on 11 May 2020 worth over $100,319. On average, Michael trades about 787 units every 158 days since 2013. As of 11 May 2020 he still owns at least 40,353 units of Franklin Covey Co stock.
You can see the complete history of Mr. Fung stock trades at the bottom of the page.
Michael Fung CPA serves as Independent Director of the Company. Mr. Fung served as the interim Chief Financial Officer for JC Penney Co. from October 2018 through April 2019 and as the interim Chief Operating Officer and Chief Financial Officer for the Neiman Marcus Group from November 2016 through June 2017. Prior to these appointments, Michael retired from Wal-Mart Stores, Inc. in 2012, after 11 years of service. Mr. Fung was the Senior Vice-President and Chief Financial Officer of Wal-Mart U.S., a position he held from 2006 through his retirement in February 2012. From 2001 to 2003, Mr. Fung served as Vice President of Finance and Administration for Global Procurement and was promoted in 2003 to Senior Vice President and Chief Audit Executive. In his previous roles with Wal-Mart, Michael was responsible for U.S. finance operations, including strategy, merchandising, logistics, real estate, operations, professional services, and financial planning and analysis. Prior to his experience at Wal-Mart, Mr. Fung held financial leadership positions at Universal Foods Corporation, Vanstar Corporation, Bass Pro Shops, Inc., and Beatrice Company. Michael received his bachelor’s degree in accounting from the University of Illinois and an MBA from the University of Chicago. Mr. Fung is a Certified Public Accountant (inactive) in the state of Illinois, a member of The Committee of 100, and the University of Illinois Foundation. Michael is also a Board Leadership Fellow with the National Association of Corporate Directors.
As the Independent Director of Franklin Covey Co, the total compensation of Michael Fung at Franklin Covey Co is $185,000. There are 13 executives at Franklin Covey Co getting paid more, with Robert Whitman having the highest compensation of $2,932,400.
Michael Fung is 69, he's been the Independent Director of Franklin Covey Co since 2012. There are 3 older and 20 younger executives at Franklin Covey Co. The oldest executive at Franklin Covey Co. is Dennis Heiner, 76, who is the Lead Independent Director.
Michael's mailing address filed with the SEC is 2200 WEST PARKWAY BLVD., , SALT LAKE CITY, UT, 84119.
Over the last 21 years, insiders at Franklin Covey Co have traded over $24,846,114 worth of Franklin Covey Co stock and bought 380,726 units worth $1,572,026 . The most active insiders traders include Donald J Mcnamara, Robert A Whitman a Efrain Rivera. On average, Franklin Covey Co executives and independent directors trade stock every 45 days with the average trade being worth of $843,316. The most recent stock trade was executed by Robert A Whitman on 12 January 2021, trading 218,750 units of FC stock currently worth $2,530,938.
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Franklin Covey Co executives and other stock owners filed with the SEC include: