The estimated Net Worth of Thomas Herskovits is at least $980 Thousand dollars as of 15 March 2022. Mr. Herskovits owns over 15,000 units of Franchise stock worth over $851,132 and over the last 8 years he sold FRG stock worth over $0. In addition, he makes $128,898 as Independent Director at Franchise.
Thomas has made over 6 trades of the Franchise stock since 2019, according to the Form 4 filled with the SEC. Most recently he exercised 15,000 units of FRG stock worth $180,000 on 15 March 2022.
The largest trade he's ever made was exercising 15,000 units of Franchise stock on 15 March 2022 worth over $180,000. On average, Thomas trades about 2,302 units every 69 days since 2016. As of 15 March 2022 he still owns at least 28,485 units of Franchise stock.
You can see the complete history of Mr. Herskovits stock trades at the bottom of the page.
Thomas Herskovits serves as Independent Director of the Company. He served as a Director of the Company from October 2015 until November 2017 and was reappointed to serve as a Director in March 2018. Since 2014, Mr. Herskovits has been managing director of Feldman Advisors, a middle market investment banking firm based in Chicago, and since 1996, he has managed private investments through Herskovits Enterprises. From 2013 through February 2014, he was CEO of WinView, Inc., a technology company. He served on the Board of Directors of that privately-held company from 2012 to 2015. He previously served as non-operating Chairman of the Board of Directors of Natural Golf Corporation, a golf equipment and instruction company, as President & CEO of Specialty Foods, and as President of Kraft Dairy and Frozen Products. Mr. Herskovits was President of the Breakfast Foods Division of General Foods and spent the first nine years of his career in brand management at The Procter & Gamble Company. Mr. Herskovits’ management, finance and consumer products backgrounds provide substantial additional expertise to the Board. Mr. Herskovits received a B.S. in Architecture and Finance and an M.B.A. in Finance and Marketing from Syracuse University.
As the Independent Director of Franchise, the total compensation of Thomas Herskovits at Franchise is $128,898. There are 9 executives at Franchise getting paid more, with Brian Kahn having the highest compensation of $3,149,730.
Thomas Herskovits is 73, he's been the Independent Director of Franchise since 2018. There are no older and 16 younger executives at Franchise.
Over the last 5 years, insiders at Franchise have traded over $27,957,150 worth of Franchise stock and bought 6,789,808 units worth $139,054,519 . The most active insiders traders include Capital Management Llckahn ..., Bryant R Riley, and Riley Financial, Inc.B. Ril.... On average, Franchise executives and independent directors trade stock every 20 days with the average trade being worth of $3,479,825. The most recent stock trade was executed by Richard W Riley on 21 August 2023, trading 12,216 units of FRG stock currently worth $365,014.
Franchise Group, Inc. owns and operates franchised and franchisable businesses. It operates through six segments: Vitamin Shoppe, Pet Supplies Plus, Badcock, American Freight, Buddy's, and Sylvan. The Vitamin Shoppe segment operates as an omnichannel specialty retailer of vitamins, minerals, herbs, specialty supplements, sports nutrition, and other health and wellness products under the BodyTech, True Athlete, plnt, The Vitamin Shoppe, ProBioCare, Fitfactor Weight Management System, and Vthrive The Vitamin Shoppe brands. The Pet Supplies Plus segment operates as an omnichannel retail chain and franchisor of pet supplies and services that includes premium brands, proprietary private labels, and specialty products, as well as offers grooming, pet wash, and other services. The Badcock segment operates as a specialty retailer of furniture, appliances, bedding, electronics, home office equipment, accessories, and seasonal items in a showroom format; and offers multiple and flexible payment solutions and credit options through its consumer financing services. The American Freight segment operates a retail chain the provides in-store and online access to furniture, mattresses, new and out-of-box home appliances, and home accessories; and serves as a liquidation channel for appliance vendors. The Buddy's segment operates as a specialty retailer of consumer electronic, residential furniture, appliances, and household accessories through rent-to-own agreements. The Sylvan segment establishes and grows as a franchisor of supplemental education for Pre-K-12 students and families in the United States and Canada. The company was formerly known as Liberty Tax, Inc., and changed its name to Franchise Group, Inc. in September 2019. Franchise Group, Inc. was incorporated in 2010 and is headquartered in Delaware, Ohio.
Franchise executives and other stock owners filed with the SEC include: