The estimated Net Worth of Stephen W Bershad is at least $175 Million dollars as of 4 January 2021. Mr. Bershad owns over 682 units of Novanta Inc stock worth over $110,774,774 and over the last 21 years he sold NOVT stock worth over $63,518,106. In addition, he makes $312,488 as Independent Chairman of the Board at Novanta Inc.
Stephen has made over 31 trades of the Novanta Inc stock since 2003, according to the Form 4 filled with the SEC. Most recently he exercised 682 units of NOVT stock worth $113,894 on 4 January 2021.
The largest trade he's ever made was selling 500,000 units of Novanta Inc stock on 15 November 2018 worth over $34,075,000. On average, Stephen trades about 15,527 units every 68 days since 2003. As of 4 January 2021 he still owns at least 663,322 units of Novanta Inc stock.
You can see the complete history of Mr. Bershad stock trades at the bottom of the page.
Stephen W. Bershad serves as Independent Chairman of the Board of the Company. Mr. Bershad has been a Director of the Company since July 23, 2010 and Chairman of the Board of Directors since July 30, 2010. Mr. Bershad was Chairman of the Board of Directors and Chief Executive Officer of Axsys Technologies, Inc. (“Axsys”), a manufacturer of surveillance and imaging equipment, from 1986 until 2009. Prior thereto, Mr. Bershad was a Managing Director of Lehman Brothers, Inc., an investment banking firm, and its predecessor firms, where he held a series of senior management positions in private equity and mergers and acquisitions. Mr. Bershad was the Chairman of the Board of Directors of EMCOR Group, Inc., a Fortune 500® leader in mechanical and electrical construction, energy infrastructure and facilities services for a diverse range of businesses (“EMCOR”) until May 2018. Mr. Bershad has a Bachelor of Science degree from the University of Southern California and a Juris Doctorate from the University of California at Los Angeles. As a senior executive with Lehman Brothers for more than 15 years and the Chief Executive Officer of Axsys for more than 20 years, Mr. Bershad has an invaluable background in investment banking, finance and business
As the Independent Chairman of the Board of Novanta Inc, the total compensation of Stephen Bershad at Novanta Inc is $312,488. There are 6 executives at Novanta Inc getting paid more, with Matthijs Glastra having the highest compensation of $4,058,920.
Stephen Bershad is 78, he's been the Independent Chairman of the Board of Novanta Inc since 2010. There are no older and 12 younger executives at Novanta Inc.
Stephen's mailing address filed with the SEC is C/O MISSION PRODUCE, INC., 2710 CAMINO DEL SOL, OXNARD, CA, 93030.
Over the last 9 years, insiders at Novanta Inc have traded over $115,059,741 worth of Novanta Inc stock. The most active insiders traders include Stephen W Bershad, Ira J Lamel, and Matthijs Glastra. On average, Novanta Inc executives and independent directors trade stock every 15 days with the average trade being worth of $1,701,396. The most recent stock trade was executed by Robert Buckley on 3 September 2024, trading 4,379 units of NOVT stock currently worth $61,875.
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Novanta Inc executives and other stock owners filed with the SEC include: