The estimated Net Worth of Frank M Drendel is at least $54.8 Million dollars as of 11 March 2022. Mr. Drendel owns over 44,000 units of CommScope Inc stock worth over $12,193,252 and over the last 21 years he sold COMM stock worth over $39,862,701. In addition, he makes $2,757,160 as Executive Chairman of the Board at CommScope Inc.
Frank has made over 64 trades of the CommScope Inc stock since 2004, according to the Form 4 filled with the SEC. Most recently he bought 44,000 units of COMM stock worth $300,520 on 11 March 2022.
The largest trade he's ever made was exercising 639,678 units of CommScope Inc stock on 4 January 2021 worth over $3,671,752. On average, Frank trades about 42,980 units every 68 days since 2003. As of 11 March 2022 he still owns at least 2,372,228 units of CommScope Inc stock.
You can see the complete history of Mr. Drendel stock trades at the bottom of the page.
Frank M. Drendel serves as Executive Chairman of the Board of the Company. He served as our Chairman of the Board and Chief Executive Officer from 1976 until 2011. Mr. Drendel is a director of the National Cable & Telecommunications Association, the principal trade association of the cable industry in the United States, and was inducted into the Cable Television Hall of Fame in 2002. Mr. Drendel served on the board of directors of Tyco International, Ltd., which was acquired by Johnson Controls International, from 2012 to September 2016. He served as a director of General Instrument Corporation and its predecessors/successors from 1987 to 2000, as a director of Sprint Nextel Corporation from 2005 to 2008 and as a director of Nextel Communications, Inc. from 1997 to 2005.
As the Executive Chairman of the Board of CommScope Inc, the total compensation of Frank Drendel at CommScope Inc is $2,757,160. There are 2 executives at CommScope Inc getting paid more, with Alexander Pease having the highest compensation of $3,753,550.
Frank Drendel is 75, he's been the Executive Chairman of the Board of CommScope Inc since 2011. There are 2 older and 23 younger executives at CommScope Inc. The oldest executive at CommScope Holding Company Inc is L. William Krause, 77, who is the Independent Director.
Frank's mailing address filed with the SEC is C/O COMMSCOPE HOLDING COMPANY, INC.,, 1100 COMMSCOPE PLACE, SE, HICKORY, NC, 28602.
Over the last 11 years, insiders at CommScope Inc have traded over $4,465,681,669 worth of CommScope Inc stock and bought 1,654,813 units worth $13,255,768 . The most active insiders traders include Group L.P.Carlyle Group Man..., Group L.P.Carlyle Group Man..., and Frank M Drendel. On average, CommScope Inc executives and independent directors trade stock every 14 days with the average trade being worth of $3,156,150. The most recent stock trade was executed by Kyle David Lorentzen on 27 March 2024, trading 11,600 units of COMM stock currently worth $14,500.
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CommScope Inc executives and other stock owners filed with the SEC include: