Last updated: 21 March 2024 at 9:45pm EST

John Steitz Net Worth




The estimated Net Worth of John M Steitz is at least $22.5 Million dollars as of 13 December 2019. Mr. Steitz owns over 12,625 units of Tredegar stock worth over $109,885 and over the last 21 years he sold TG stock worth over $18,673,488. In addition, he makes $3,723,720 as President and Chief Executive Officer and Director at Tredegar.

Mr. Steitz TG stock SEC Form 4 insiders trading

John has made over 11 trades of the Tredegar stock since 2006, according to the Form 4 filled with the SEC. Most recently he sold 12,625 units of TG stock worth $402,233 on 13 December 2019.

The largest trade he's ever made was selling 309,837 units of Tredegar stock on 22 August 2012 worth over $17,766,054. On average, John trades about 12,783 units every 105 days since 2004. As of 13 December 2019 he still owns at least 18,103 units of Tredegar stock.

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





John Steitz biography

John M. Steitz serves as President, Chief Executive Officer and Director of the Company. He director since 2017; President and Chief Executive Officer of Tredegar since March 19, 2019, having served previously as President and Chief Executive Officer of Addivant Corporation, a leading global supplier of antioxidants, intermediates, inhibitors, modifiers, UV stabilizers and other additives to the plastic and rubber industries, from March 2015 until January 2019, as President and Chief Operating Officer of PQ Corporation, a leading worldwide producer of specialty inorganic performance chemicals and catalysts, from October 2013 until March 2015, as President and Chief Executive Officer of Avantor Performance Materials, a global supplier of ultra-high-purity life sciences materials with strict regulatory and performance specifications, from September 2012 until September 2013, as President and Chief Operating Officer of Albemarle from March 2012 until August 2012, and as Chief Operating Officer and Executive Vice President of Albemarle from April 2007 until March 2012. Other directorship: Innophos Holdings, Inc., a producer of specialty grade phosphate products for the food, pharmaceutical and industrial market segments (from 2008 until its acquisition by One Rock Capital Partners in February 2020). The Board has concluded that Mr. Steitz should serve as a director based on his knowledge of Tredegar and our businesses, his extensive operational background in the chemical industry and broad global commercial experience. In addition, Mr. Steitz brings public company experience from both a senior management and board member perspective.

What is the salary of John Steitz?

As the President and Chief Executive Officer and Director of Tredegar, the total compensation of John Steitz at Tredegar is $3,723,720. There are no executives at Tredegar getting paid more.



How old is John Steitz?

John Steitz is 61, he's been the President and Chief Executive Officer and Director of Tredegar since 2019. There are 9 older and 4 younger executives at Tredegar. The oldest executive at Tredegar Corp. is Frasier W. Brickhouse II, 84, who is the Corp. Treasurer & Controller.

What's John Steitz's mailing address?

John's mailing address filed with the SEC is 1100 BOULDERS PARKWAY, , RICHMOND, VA, 23225.

Insiders trading at Tredegar

Over the last 22 years, insiders at Tredegar have traded over $1,174,825 worth of Tredegar stock and bought 22,981 units worth $442,689 . The most active insiders traders include John D Gottwald, John M Steitz, and Floyd D Jr Gottwald. On average, Tredegar executives and independent directors trade stock every 157 days with the average trade being worth of $52,166. The most recent stock trade was executed by Anne G Waleski on 23 May 2019, trading 1,000 units of TG stock currently worth $15,830.



What does Tredegar do?

tredegar film products is a global leader in the plastic films industry with a wide range of capabilities in polyethylene, polypropylene, elastics and polyester films. with a global footprint and local supply capabilities, we support demand for films applications in diverse end-use markets, including personal care, electronic display, food packaging and lighting. with strategically located global operations and a culture focused on innovative research and development, tredegar film products is well positioned to expand its reach in diverse markets around the world to deliver “layers of confidence”™. headquartered in north chesterfield, va, usa, tredegar film products corporation, a subsidiary of tredegar corporation (nyse:tg), has 1700+ employees and 13 locations throughout north america, europe, asia, and south america.



What does Tredegar's logo look like?

Tredegar Corp. logo

Complete history of Mr. Steitz stock trades at Albemarle and Tredegar

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
22 Aug 2012 John M Steitz
Senior VP Business Operations
Sale 309,837 $57.34 $17,766,054
22 Aug 2012
0
1 Apr 2012 John M Steitz
Senior VP Business Operations
Option 12,000 $63.92 $767,040
1 Apr 2012
167,281
24 Feb 2012 John M Steitz
Senior VP Business Operations
Option 20,000 $66.14 $1,322,800
24 Feb 2012
162,032
1 Jan 2009 John M Steitz
Senior VP Business Operations
Option 52,500 $22.30 $1,170,750
1 Jan 2009
166,919
5 Feb 2008 John M Steitz
Senior VP Business Operations
Option 52,500 $37.10 $1,947,750
5 Feb 2008
133,410
26 Feb 2007 John M Steitz
Senior VP Business Operations
Option 108,000 $23.52 $2,540,160
26 Feb 2007
123,455
13 Feb 2007 John M Steitz
Senior VP Business Operations
Sale 6,100 $82.82 $505,202
13 Feb 2007
15,455
3 Jan 2007 John M Steitz
Senior VP Business Operations
Option 15,000 $35.99 $539,850
3 Jan 2007
26,437
16 Feb 2006 John M Steitz
Senior VP Business Operations
Option 15,000 $21.52 $322,800
16 Feb 2006
16,125


Tredegar executives and stock owners

Tredegar executives and other stock owners filed with the SEC include: