The estimated Net Worth of Richard O Schaum is at least $2.21 Million dollars as of 1 February 2024. Mr. Schaum owns over 14,000 units of Gentex stock worth over $2,006,563 and over the last 19 years he sold GNTX stock worth over $0. In addition, he makes $201,216 as Independent Director at Gentex.
Richard has made over 5 trades of the Gentex stock since 2018, according to the Form 4 filled with the SEC. Most recently he exercised 14,000 units of GNTX stock worth $200,200 on 1 February 2024.
The largest trade he's ever made was exercising 14,000 units of Gentex stock on 1 February 2024 worth over $200,200. On average, Richard trades about 1,341 units every 49 days since 2005. As of 1 February 2024 he still owns at least 68,577 units of Gentex stock.
You can see the complete history of Mr. Schaum stock trades at the bottom of the page.
Richard O. Schaum is an Independent Director of Gentex Corporation. Mr. Schaum has been General Manager of 3rd Horizon Associates LLC, a technology assessment and development company, since May 2003. From October 2003 until June 2005, he was Vice President and General Manager of Vehicle Systems for WaveCrest Laboratories, Inc., a startup company involved in the commercialization of proprietary electric propulsion systems. Prior to that, for more than thirty years, he was with DaimlerChrysler Corporation, and its predecessor, Chrysler Corporation, including as Executive Vice President, Product Development, and General Manager of Powertrain Operations. His responsibilities over those years included product development, manufacturing, program management, and quality. Mr. Schaum is a fellow of the Society of Automotive Engineers and served as its President from 2007 to 2008. He is on the Board of Directors and is a member of the Audit and Compensation Committees of Sterling Construction, Inc., a heavy civil construction company. He has also previously served on the Board of Directors of BorgWarner, Inc. Mr. Schaum has extensive executive and management experience at all levels in a Fortune 100 company and more recent experience with an entrepreneurial start-up company, as well as knowledge of, and interest in, corporate governance matters, gained on the board of a Fortune 500 company. In addition, his technical background and operating experience contribute to the breadth and depth of the Board's interactions and deliberations. Mr. Schaum has been affirmatively identified as an independent director by the Board of Directors. He is chair of the Company's Compensation Committee and serves on the Company's Audit Committee.
As the Independent Director of Gentex, the total compensation of Richard Schaum at Gentex is $201,216. There are 12 executives at Gentex getting paid more, with Steven Downing having the highest compensation of $3,059,700.
Richard Schaum is 73, he's been the Independent Director of Gentex since 2011. There are 6 older and 15 younger executives at Gentex. The oldest executive at Gentex Corp. is John Mulder, 83, who is the Independent Director.
Richard's mailing address filed with the SEC is 600 N CENTENNIAL, , ZEELAND, MI, 49464.
Over the last 21 years, insiders at Gentex have traded over $173,308,474 worth of Gentex stock and bought 22,609 units worth $517,827 . The most active insiders traders include Fred Bauer, Steven R Downing, and Brian C Walker. On average, Gentex executives and independent directors trade stock every 21 days with the average trade being worth of $1,051,078. The most recent stock trade was executed by Joseph B Jr Anderson on 20 May 2024, trading 4,716 units of GNTX stock currently worth $162,513.
gentex is a global, high technology electronics company that is managed by engineers and others who understand the freedom and discipline that's required to run an entrepreneurial company. we are a unique, profitable company that is vertically integrated in highly automated electronics, cmos camera development and manufacturing, vacuum coatings, and glass bending and fabrication. we specialize in a broad spectrum of technologies and processes to deliver high quality products to the automotive, aerospace and fire protection industries.
Gentex executives and other stock owners filed with the SEC include: