Last updated: 4 September 2024 at 8:24pm EST

Richard Lavin Net Worth




The estimated Net Worth of Richard P Lavin is at least $4.13 Million dollars as of 10 May 2018. Mr. Lavin owns over 3,233 units of ITT Inc stock worth over $1,294,772 and over the last 17 years he sold ITT stock worth over $2,605,004. In addition, he makes $235,012 as Non-Executive Chairman of the Board at ITT Inc.

Mr. Lavin ITT stock SEC Form 4 insiders trading

Richard has made over 25 trades of the ITT Inc stock since 2008, according to the Form 4 filled with the SEC. Most recently he exercised 3,233 units of ITT stock worth $426,012 on 10 May 2018.

The largest trade he's ever made was exercising 100,000 units of ITT Inc stock on 7 February 2011 worth over $4,073,000. On average, Richard trades about 1,955 units every 20 days since 2008. As of 10 May 2018 he still owns at least 9,826 units of ITT Inc stock.

You can see the complete history of Mr. Lavin stock trades at the bottom of the page.





Richard Lavin biography

Richard (Rich) P. Lavin J.D. has been appointed as Non-Executive Chairman of the Board of the Company effective 5/15/2020. Mr. Lavin was Chief Executive Officer and President of Commercial Vehicle Group, Inc., a leader in the development, manufacturing and fulfillment of fully integrated system solutions for the commercial vehicle market from May 2013 to November 2015. Prior to joining Commercial Vehicle Group, Mr. Lavin spent 29 years in a variety of positions with Caterpillar Inc. (“Caterpillar”), including as Vice President of manufacturing operations for the Asia Pacific Division, serving as Chairman of Shin Caterpillar Mitsubishi Ltd. - now Caterpillar Japan Ltd. - and Chairman of Caterpillar (China) Investment Co., Ltd, and as a group president for Construction Industries and Growth Markets. Mr. Lavin is currently a director of the following public companies: USG Corporation since 2009 (Chairman of the Compensation Committee; Audit Committee) and Allison Transmission Holdings, Inc. since 2016 (Compensation Committee; Nominating & Governance Committee).

What is the salary of Richard Lavin?

As the Non-Executive Chairman of the Board of ITT Inc, the total compensation of Richard Lavin at ITT Inc is $235,012. There are 6 executives at ITT Inc getting paid more, with Luca Savi having the highest compensation of $7,068,570.



How old is Richard Lavin?

Richard Lavin is 66, he's been the Non-Executive Chairman of the Board of ITT Inc since 2020. There are 4 older and 19 younger executives at ITT Inc. The oldest executive at ITT Inc is Donald DeFosset, 72, who is the Independent Director.

What's Richard Lavin's mailing address?

Richard's mailing address filed with the SEC is C/O ALLISON TRANSMISSION HOLDINGS, INC., ONE ALLISON WAY, INDIANAPOLIS, IN, 46222.

Insiders trading at ITT Inc

Over the last 21 years, insiders at ITT Inc have traded over $21,831,938 worth of ITT Inc stock and bought 27,200 units worth $1,064,674 . The most active insiders traders include Frank T Macinnis, Geraud Darnis, and Steven R Loranger. On average, ITT Inc executives and independent directors trade stock every 40 days with the average trade being worth of $3,132,041. The most recent stock trade was executed by Ryan F. Flynn on 8 December 2023, trading 2,500 units of ITT stock currently worth $283,600.



What does ITT Inc do?

itt is a diversified leading manufacturer of highly engineered critical components and customized technology solutions for the energy, transportation and industrial markets. founded in 1920, itt is headquartered in white plains, n.y., with employees in more than 35 countries and sales in a total of approximately 125 countries. the company generated 2012 revenues of $2.5 billion. our product and service offerings are organized in four businesses that generally operate in markets where specialized engineered solutions are required to support customer needs. • industrial process manufactures engineered fluid process equipment serving customers in the oil and gas, mining, power generation, chemical and other process markets. it also is an after market service provider. • motion technologies manufactures brake pads, shock absorbers and damping technologies for global transportation markets. • interconnect solutions manufactures a wide variety of connector products for the oil and



Complete history of Mr. Lavin stock trades at Commercial Vehicle Inc, Allison Transmission Inc, Caterpillar, and ITT Inc

Insider
Trans.
Transaction
Total value
Richard P Lavin
Director
Option $135,657
10 May 2018
Richard P Lavin
Director
Option $141,336
11 May 2017
Richard P Lavin
Director
Option $141,336
11 May 2017
Richard P Lavin
Director
Option $17,292
12 May 2016
Richard P Lavin
President and CEO
Buy $201,250
18 Nov 2014
Richard P Lavin
President and CEO
Buy $102,322
3 Sep 2013
Richard P Lavin
Group President
Sale $337,722
17 Dec 2012
Richard P Lavin
Group President
Sale $307,412
15 Nov 2012
Richard P Lavin
Group President
Option $1,457,678
31 Oct 2012
Richard P Lavin
Group President
Sale $169,840
31 Jul 2012
Richard P Lavin
Group President
Sale $170,560
29 Jun 2012
Richard P Lavin
Group President
Sale $170,520
31 May 2012
Richard P Lavin
Group President
Sale $205,460
1 May 2012
Richard P Lavin
Group President
Sale $211,600
30 Mar 2012
Richard P Lavin
Group President
Sale $228,780
29 Feb 2012
Richard P Lavin
Group President
Sale $803,110
21 Feb 2012
Richard P Lavin
Group President
Buy $4,886
15 Jun 2011
Richard P Lavin
Group President
Option $1,825,600
8 Feb 2011
Richard P Lavin
Group President
Option $4,073,000
7 Feb 2011
Richard P Lavin
Group President
Option $542,800
2 Aug 2010
Richard P Lavin
Group President
Buy $20,672
9 Mar 2010
Richard P Lavin
Group President
Option $379,960
28 Oct 2009
Richard P Lavin
Group President
Option $542,800
6 Aug 2009
Richard P Lavin
Group President
Option $253,474
30 Apr 2009
Richard P Lavin
Group President
Option $209,088
29 Apr 2008


ITT Inc executives and stock owners

ITT Inc executives and other stock owners filed with the SEC include: