The estimated Net Worth of Lawrence B Skatoff is at least $1.41 Milión dollars as of 9 December 2022. Mr. Skatoff owns over 2,000 units of Methode Electronics stock worth over $390,801 and over the last 15 years he sold MEI stock worth over $860,672. In addition, he makes $159,280 as Independent Director at Methode Electronics.
Lawrence has made over 10 trades of the Methode Electronics stock since 2016, according to the Form 4 filled with the SEC. Most recently he sold 2,000 units of MEI stock worth $93,800 on 9 December 2022.
The largest trade he's ever made was selling 7,000 units of Methode Electronics stock on 7 December 2020 worth over $261,380. On average, Lawrence trades about 795 units every 81 days since 2009. As of 9 December 2022 he still owns at least 39,435 units of Methode Electronics stock.
You can see the complete history of Mr. Skatoff stock trades at the bottom of the page.
Lawrence B. Skatoff serves as Independent Director of the Company. Mr. Skatoff retired in 2001 as Executive Vice President and Chief Financial Officer of BorgWarner Inc. Prior to joining BorgWarner Inc., Mr. Skatoff was Senior Vice President and Chief Financial Officer of Premark International, Inc. from 1991 through 1999. Before joining Premark, Mr. Skatoff was Vice President-Finance of Monsanto Company. Mr. Skatoff’s executive experience and financial background bring valuable perspectives to our Board.
As the Independent Director of Methode Electronics, the total compensation of Lawrence Skatoff at Methode Electronics is $159,280. There are 13 executives at Methode Electronics getting paid more, with Donald W. Duda having the highest compensation of $2,726,554.
Lawrence Skatoff is 80, he's been the Independent Director of Methode Electronics since 2004. There are no older and 20 younger executives at Methode Electronics.
Lawrence's mailing address filed with the SEC is 8750 W BRYN MAWR AVE., SUITE 1000, CHICAGO, IL, 60631.
Over the last 18 years, insiders at Methode Electronics have traded over $34,205,417 worth of Methode Electronics stock and bought 379,349 units worth $6,595,025 . The most active insiders traders include Donald W Duda, Jonathan B De Gaynor a Thomas D Reynolds. On average, Methode Electronics executives and independent directors trade stock every 42 days with the average trade being worth of $163,089. The most recent stock trade was executed by Donald W Duda on 21 September 2023, trading 23,245 units of MEI stock currently worth $506,741.
methode electronics, inc. (nyse: mei) is an international engineering company headquartered in chicago, il. methode was founded in 1946 as a single-product manufacturer and has since expanded its business into industrial design, distribution and professional services. here at methode, we utilize technical capabilities to develop custom-engineered application-specific products and solutions for a variety of markets and customers. this includes the industries of automotive, big data, white goods, aerospace & defense, consumer electronics and healthcare. for additional information, visit methode.com.
Methode Electronics executives and other stock owners filed with the SEC include: