The estimated Net Worth of Michael P Mc Dermott is at least $882 Thousand dollars as of 5 July 2024. Mr. Dermott owns over 87,751 units of Newell Brands stock worth over $881,930 and over the last 8 years he sold NWL stock worth over $0. In addition, he makes $0 as Chief Executive Officer for Commercial at Newell Brands.
Michael has made over 5 trades of the Newell Brands stock since 2017, according to the Form 4 filled with the SEC. Most recently he exercised 87,751 units of NWL stock worth $639,705 on 5 July 2024.
The largest trade he's ever made was exercising 87,751 units of Newell Brands stock on 5 July 2024 worth over $639,705. On average, Michael trades about 11,960 units every 221 days since 2017. As of 5 July 2024 he still owns at least 120,978 units of Newell Brands stock.
You can see the complete history of Mr. Dermott stock trades at the bottom of the page.
Michael P. McDermott serves as Chief Executive Officer for Commercial of the Company. McDermott joined the company from Bass Pro Shops, where he served as President, Omni-Channel Retail. Prior to that he was Executive Vice President and Chief Customer Officer at Lowe's Companies, where he oversaw all aspects of merchandising, customer experience and marketing, including digital, global sourcing and business strategy. McDermott also previously served as Chief Merchandising Officer at Lowe's with oversight for product, category and vendor development across the enterprise. Prior to Lowe's, McDermott had various management roles at General Electric Company, including Head of Sales for GE Appliances and Product General Manager for Cooking.
Michael's mailing address filed with the SEC is C/O NEWELL BRANDS INC., 6655 PEACHTREE DUNWOODY ROAD, ATLANTA, GA, 30328.
Over the last 36 years, insiders at Newell Brands have traded over $379,106,636 worth of Newell Brands stock and bought 4,204,270 units worth $63,612,565 . The most active insiders traders include Carl Chigh River Limited Pa..., Carl Cicahn Partners Lpicah..., and Martin E Franklin. On average, Newell Brands executives and independent directors trade stock every 21 days with the average trade being worth of $500,940. The most recent stock trade was executed by Kristine Kay Malkoski on 5 July 2024, trading 87,751 units of NWL stock currently worth $639,705.
Newell Brands Inc. designs, manufactures, sources, and distributes consumer and commercial products worldwide. Its Appliances and Cookware segment offers household products, including kitchen appliances, gourmet cookware, bakeware, and cutlery under the Calphalon, Crock-Pot, Mr. Coffee, Oster, and Sunbeam brands. The company's Commercial Solutions segment provides commercial cleaning and maintenance solutions; closet and garage organization; hygiene systems and material handling solutions; and home and security, and smoke and carbon monoxide alarms products under the BRK, First Alert, Mapa, Quickie, Rubbermaid, Rubbermaid Commercial Products, and Spontex brands. Its Home Solutions segment offers food and home storage; fresh preserving; vacuum sealing; and home fragrance products under the Ball, Chesapeake Bay Candle, FoodSaver, Rubbermaid, Sistema, WoodWick, and Yankee Candle brands. The company's Learning and Development segment provides writing instruments, including markers and highlighters, pens, and pencils; art products; activity-based adhesive and cutting products; labeling solutions; and baby gear and infant care products under the Aprica, Baby Jogger, Dymo, Elmer's, EXPO, Graco, Mr. Sketch, NUK, Paper Mate, Parker, Prismacolor, Sharpie, Tigex Waterman, and X-Acto brands. Its Outdoor and Recreation segment offers products for outdoor and outdoor-related activities under the Coleman, Contigo, ExOfficio, and Marmot brands. The company markets its products to warehouse clubs, department stores, drug/grocery stores, mass merchants, specialty retailers, distributors and e-commerce companies, home centers, sporting goods retailers, office superstores and supply stores, contract stationers, and travel retailers. The company was formerly known as Newell Rubbermaid Inc. and changed its name to Newell Brands Inc. in April 2016. Newell Brands Inc. was founded in 1903 and is based in Atlanta, Georgia.
Newell Brands executives and other stock owners filed with the SEC include: