The estimated Net Worth of Michael Doar is at least $7.25 Million dollars as of 20 September 2023. Mr. Doar owns over 9,200 units of Hurco Companies stock worth over $3,287,543 and over the last 20 years he sold HURC stock worth over $1,258,443. In addition, he makes $2,703,660 as Chairman of the Board and Chief Executive Officer at Hurco Companies.
Michael has made over 14 trades of the Hurco Companies stock since 2016, according to the Form 4 filled with the SEC. Most recently he bought 9,200 units of HURC stock worth $198,628 on 20 September 2023.
The largest trade he's ever made was exercising 16,311 units of Hurco Companies stock on 20 October 2021 worth over $349,871. On average, Michael trades about 1,038 units every 31 days since 2004. As of 20 September 2023 he still owns at least 183,150 units of Hurco Companies stock.
You can see the complete history of Mr. Doar stock trades at the bottom of the page.
Michael Doar serves as Chairman of the Board, Chief Executive Officer of the Company. Mr. Doar was elected Chairman of the Board of Directors and our Chief Executive Officer in fiscal 2001. He also served as our President from November 2009 to March 2013. Prior to joining Hurco, Mr. Doar served as Vice President of Sales and Marketing of Ingersoll Contract Manufacturing Company, a subsidiary of Ingersoll International, an international engineering and machine tool systems business, having previously held various management positions with Ingersoll International from 1989. Mr. Doar also serves as a director of Twin Disc, Incorporated, a manufacturer of marine and heavy duty off-highway power transmission equipment.
As the Chairman of the Board and Chief Executive Officer of Hurco Companies, the total compensation of Michael Doar at Hurco Companies is $2,703,660. There are no executives at Hurco Companies getting paid more.
Michael Doar is 65, he's been the Chairman of the Board and Chief Executive Officer of Hurco Companies since 2013. There are 3 older and 11 younger executives at Hurco Companies. The oldest executive at Hurco Companies, Inc. is Robert Cruickshank, 74, who is the Presiding Independent Director.
Michael's mailing address filed with the SEC is 491 DYLAN DRIVE, , CARMEL, IN, 46032.
Over the last 21 years, insiders at Hurco Companies have traded over $3,237,399 worth of Hurco Companies stock and bought 39,763 units worth $889,518 . The most active insiders traders include Asset Management Partners I..., Timothy J Gardner, and Michael Doar. On average, Hurco Companies executives and independent directors trade stock every 92 days with the average trade being worth of $71,872. The most recent stock trade was executed by Jonathon D. Wright on 11 July 2024, trading 320 units of HURC stock currently worth $4,861.
your expertise combined with our technology to produce quality parts more profitably—that’s mind over metal. that’s hurco. hurco companies, inc. (nasdaq: hurc) is an industrial technology company that designs and produces interactive computer controls, software and computerized machine tools for the worldwide metal cutting and metal forming industry. the end market for the company's products consists primarily of independent job shops and short-run manufacturing operations within large corporations in industries such as aerospace, defense, medical equipment, energy, transportation and computer equipment. the company is based in indianapolis, indiana, with manufacturing operations in taiwan and china, and sells its products through direct and indirect sales forces throughout north america, europe, and asia. the company has sales, application engineering support and service subsidiaries in canada, china, england, france, germany, india, italy, poland, singapore, south africa, and the unit
Hurco Companies executives and other stock owners filed with the SEC include: