Last updated: 31 May 2023 at 7:30pm EST

Michael Burger Net Worth




The estimated Net Worth of Michael D Burger is at least $7.03 Million dollars as of 19 February 2023. Mr. Burger owns over 9,367 units of Faro Technologies stock worth over $2,074,124 and over the last 8 years he sold FARO stock worth over $0. In addition, he makes $4,958,420 as President, Chief Executive Officer, and Director at Faro Technologies.

Mr. Burger FARO stock SEC Form 4 insiders trading

Michael has made over 8 trades of the Faro Technologies stock since 2016, according to the Form 4 filled with the SEC. Most recently he exercised 9,367 units of FARO stock worth $162,330 on 19 February 2023.

The largest trade he's ever made was buying 84,000 units of Faro Technologies stock on 4 November 2016 worth over $395,640. On average, Michael trades about 8,199 units every 135 days since 2016. As of 19 February 2023 he still owns at least 119,684 units of Faro Technologies stock.

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





Michael Burger biography

Michael D. Burger serves as President, Chief Executive Officer, Director of the Company. Prior to joining the Company, Mr. Burger was President and Chief Executive Officer and a member of the board of directors of Electro Scientific Industries, Inc., a leading supplier of innovative laser-based microfabrication solutions for industries reliant on microtechnologies, from October 2016 to February 2019, when it was acquired by MKS Instruments, Inc. Prior to joining Electro Scientific Industries, Inc., Mr. Burger was President and Chief Executive Officer of Cascade Microtech, Inc., a manufacturer of advanced wafer probing, thermal and reliability solutions for the electrical measurement and testing of high performance semiconductor devices, from July 2010 to June 2016. From April 2007 to February 2010, Mr. Burger served as the President and Chief Executive Officer and as a member of the board of directors of Merix Corporation (“Merix”), a printed circuit board manufacturer. Mr. Burger also served as a member of the Board of Directors of ViaSystems Group, Inc. from February 2010 after it acquired Merix until May 2015. From November 2004 until joining Merix, Mr. Burger served as President of the Components Business of Flextronics Corporation. From 1999 to November 2004, Mr. Burger was employed by ZiLOG, Inc., a supplier of devices for embedded control and communications applications. From May 2002 until November 2004, Mr. Burger served as ZiLOG's President and a member of its board of directors. Mr. Burger holds a B.S. degree in Electrical Engineering from New Mexico State University and a certificate from the Stanford University International Executive Management Program.

What is the salary of Michael Burger?

As the President, Chief Executive Officer, and Director of Faro Technologies, the total compensation of Michael Burger at Faro Technologies is $4,958,420. There are no executives at Faro Technologies getting paid more.



How old is Michael Burger?

Michael Burger is 61, he's been the President, Chief Executive Officer, and Director of Faro Technologies since 2019. There are 5 older and 5 younger executives at Faro Technologies. The oldest executive at Faro Technologies Inc. is John Caldwell, 70, who is the Independent Director.

What's Michael Burger's mailing address?

Michael's mailing address filed with the SEC is C/O FARO TECHNOLOGIES, INC., 250 TECHNOLOGY PARK, LAKE MARY, FL, 32746.

Insiders trading at Faro Technologies

Over the last 21 years, insiders at Faro Technologies have traded over $80,616,438 worth of Faro Technologies stock and bought 161,454 units worth $2,589,004 . The most active insiders traders include Simon Raab, Yuval Wasserman, and Alexander M Davern. On average, Faro Technologies executives and independent directors trade stock every 38 days with the average trade being worth of $328,663. The most recent stock trade was executed by Peter James Lau on 6 September 2024, trading 5,435 units of FARO stock currently worth $90,601.



What does Faro Technologies do?

faro is the world’s most trusted source for 3d measurement technology. the company develops and markets computer-aided measurement and imaging devices and software. technology from faro permits high-precision 3d measurement, imaging and comparison of parts and compound structures within production and quality assurance processes. the devices are used for inspecting components and assemblies, production planning, documenting large volume spaces or structures in 3d, surveying and construction, as well as for investigation and reconstruction of accident sites or crime scenes. worldwide, approximately 15,000 customers are operating more than 30,000 installations of faro's systems. the company's global headquarters is located in lake mary, fla., its european head office in stuttgart, germany and its asia/pacific head office in singapore. faro has branches in brazil, mexico, germany, united kingdom, france, spain, italy, poland, netherlands, india, china, singapore, malaysia, vietnam, thaila



What does Faro Technologies's logo look like?

Faro Technologies Inc. logo

Complete history of Mr. Burger stock trades at Faro Technologies

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
19 Feb 2023 Michael D Burger
President and CEO
Option 9,367 $28.57 $267,615
19 Feb 2023
119,684
17 Jun 2022 Michael D Burger
President and CEO
Option 10,421 $31.23 $325,448
17 Jun 2022
58,933
21 Feb 2022 Michael D Burger
President and CEO
Option 5,390 $53.69 $289,389
21 Feb 2022
25,222
19 Feb 2022 Michael D Burger
President and CEO
Option 3,976 $53.69 $213,471
19 Feb 2022
21,252
17 Jun 2021 Michael D Burger
President and CEO
Option 10,421 $77.38 $806,377
17 Jun 2021
22,351
21 Feb 2021 Michael D Burger
President and CEO
Option 5,390 $92.20 $496,958
21 Feb 2021
13,273
17 Jun 2020 Michael D Burger
President and CEO
Option 10,421 $54.40 $566,902
17 Jun 2020
10,421


Faro Technologies executives and stock owners

Faro Technologies executives and other stock owners filed with the SEC include: