The estimated Net Worth of Joffe Selwyn is at least $10.6 Million dollars as of 18 June 2024. Mr. Selwyn owns over 19,370 units of Motorcar Parts of America stock worth over $2,552,043 and over the last 22 years he sold MPAA stock worth over $4,934,816. In addition, he makes $3,086,940 as Chairman of the Board, President, and Chief Executive Officer at Motorcar Parts of America.
Selwyn has made over 38 trades of the Motorcar Parts of America stock since 2009, according to the Form 4 filled with the SEC. Most recently he exercised 19,370 units of MPAA stock worth $106,341 on 18 June 2024.
The largest trade he's ever made was selling 151,500 units of Motorcar Parts of America stock on 19 June 2015 worth over $4,760,130. On average, Selwyn trades about 19,748 units every 77 days since 2003. As of 18 June 2024 he still owns at least 464,853 units of Motorcar Parts of America stock.
You can see the complete history of Mr. Selwyn stock trades at the bottom of the page.
Selwyn Joffe CPA serves as Chairman of the Board, President, Chief Executive Officer of the Company. Mr. Joffe has been our Chairman of the Board of Directors, President and Chief Executive Officer since February 2003. He has been a director of our Company since 1994 and Chairman since November 1999. From 1995 until his election to his present positions, he served as a consultant to us. Prior to February 2003, Mr. Joffe was Chairman and Chief Executive Officer of Protea Group, Inc. a company specializing in consulting and acquisition services. From September 2000 to December 2001, Mr. Joffe served as President and Chief Executive Officer of Netlock Technologies, a company that specializes in securing network communications. In 1997, Mr. Joffe co-founded Palace Entertainment, Inc., a roll-up of amusement parks and served as its President and Chief Operating Officer until August 2000. Prior to the founding of Palace Entertainment, Inc., Mr. Joffe was the President and Chief Executive Officer of Wolfgang Puck Food Company from 1989 to 1996. He currently serves on the board of directors of the Motor and Equipment Remanufacturers Association, an industry trade association. In addition, Mr. Joffe serves on the board of directors of the California, Arizona and Nevada Automotive Wholesaler’s Association (CAWA), also an industry trade association. Mr. Joffe is a graduate of Emory University with degrees in both Business and Law and is a member of the bar of the State of Georgia as well as a Certified Public Accountant. As our most senior executive, Mr. Joffe provides the Board of Directors with insight into our business operations, management and strategic opportunities. His history with our Company and industry experience has led the Board of Directors to conclude that he should serve as a director of our Company.
As the Chairman of the Board, President, and Chief Executive Officer of Motorcar Parts of America, the total compensation of Selwyn Joffe at Motorcar Parts of America is $3,086,940. There are no executives at Motorcar Parts of America getting paid more.
Selwyn Joffe is 62, he's been the Chairman of the Board, President, and Chief Executive Officer of Motorcar Parts of America since 2003. There are 7 older and 10 younger executives at Motorcar Parts of America. The oldest executive at Motorcar Parts of America Inc. is Rudolph Borneo, 79, who is the Independent Director.
Joffe's mailing address filed with the SEC is 2929, California Street, Torrance, Los Angeles County, California, 90503, United States.
Over the last 22 years, insiders at Motorcar Parts of America have traded over $28,017,363 worth of Motorcar Parts of America stock and bought 1,050,266 units worth $7,367,081 . The most active insiders traders include Mel Marks, Joffe Selwyn, and Scott Joseph Adelson. On average, Motorcar Parts of America executives and independent directors trade stock every 22 days with the average trade being worth of $82,081. The most recent stock trade was executed by Capital Llc325 Capital Gp, ... on 27 August 2024, trading 57,797 units of MPAA stock currently worth $390,130.
motorcar parts of america, inc. is a remanufacturer, manufacturer and distributor of automotive aftermarket parts -- including alternators, starters, wheel hub assembly and brake master cylinder products utilized in imported and domestic passenger vehicles, light trucks and heavy duty applications. motorcar parts of america’s products are sold to automotive retail outlets and the professional repair market throughout the united states and canada, with facilities located in california, mexico, malaysia and china; and administrative offices located in california, tennessee, mexico, singapore, malaysia and toronto. saving resources for future generations. remanufacturing is the most efficient process for replacement parts – potentially reducing material and energy consumption by as much as 91% versus traditional manufacturing.* mpa’s reclaims and reconditions all non-wearing parts during the remanufacturing process. by recovering these components, mpa saves both the energy and material to
Motorcar Parts of America executives and other stock owners filed with the SEC include: