The estimated Net Worth of Jerome B Eisenberg is at least $17 Million dollars as of 1 January 2021. Mr. Eisenberg owns over 24,449 units of Orbcomm Inc stock worth over $10,113,096 and over the last 18 years he sold ORBC stock worth over $6,692,937. In addition, he makes $206,830 as Non-Executive Chairman of the Board at Orbcomm Inc.
Jerome has made over 67 trades of the Orbcomm Inc stock since 2007, according to the Form 4 filled with the SEC. Most recently he exercised 24,449 units of ORBC stock worth $280,919 on 1 January 2021.
The largest trade he's ever made was selling 235,288 units of Orbcomm Inc stock on 24 May 2007 worth over $2,705,812. On average, Jerome trades about 17,201 units every 66 days since 2006. As of 1 January 2021 he still owns at least 880,165 units of Orbcomm Inc stock.
You can see the complete history of Mr. Eisenberg stock trades at the bottom of the page.
Jerome B. Eisenberg is Non-Executive Chairman of the Board of the Company since March 2008. He served as our Chairman and Chief Executive Officer from January 2006 to March 2008 and our Chief Executive Officer and President from December 2004 to January 2006. Prior to that, Mr. Eisenberg held a number of positions with ORBCOMM Inc. and with ORBCOMM LLC, including Co-Chief Executive Officer of ORBCOMM Inc. Mr. Eisenberg has worked in the satellite industry since 1993 when he helped found Satcom International Group plc. From 1987 to 1992, he was President and CEO of British American Properties, an investment company funded by European and American investors that acquired and managed various real estate and industrial facilities in various parts of the U.S. Prior thereto, Mr. Eisenberg was a partner in the law firm of Eisenberg, Honig & Folger; CEO and President of Helenwood Manufacturing Corporation (presently known as Tennier Industries), a manufacturer of equipment for the U.S. Department of Defense; and Assistant Corporate Counsel for the City of New York. Mr. Eisenberg is the father of Marc Eisenberg, a member of the board of directors and our Chief Executive Officer. Mr. Eisenberg was a director of GelTech Solutions, Inc. from 2010 to 2013. Mr. Eisenberg’s significant and meaningful knowledge of our company (as former senior management of the Company), significant experience with the satellite industry and experience and qualifications noted above were among the factors considered by our board of directors in selecting him to serve as a director.
As the Non-Executive Chairman of the Board of Orbcomm Inc, the total compensation of Jerome Eisenberg at Orbcomm Inc is $206,830. There are 6 executives at Orbcomm Inc getting paid more, with Marc Eisenberg having the highest compensation of $1,872,470.
Jerome Eisenberg is 80, he's been the Non-Executive Chairman of the Board of Orbcomm Inc since 2008. There are no older and 11 younger executives at Orbcomm Inc.
Jerome's mailing address filed with the SEC is C/O ORBCOMM, INC., 395 W. PASSAIC STREET, SUITE 325, ROCHELLE PARK, NJ, 07662.
Over the last 18 years, insiders at Orbcomm Inc have traded over $67,989,038 worth of Orbcomm Inc stock and bought 293,000 units worth $661,308 . The most active insiders traders include Capital Partners Gp, L.L.C...., Timothy Kelleher, and Marc Eisenberg. On average, Orbcomm Inc executives and independent directors trade stock every 21 days with the average trade being worth of $572,937. The most recent stock trade was executed by Constantine Milcos on 8 March 2021, trading 8,394 units of ORBC stock currently worth $58,926.
ORBCOMM is a global leader and innovator in the industrial Internet of Things, providing solutions that connect businesses to their assets to deliver increased visibility and operational e�ciency. The company o�ers a broad set of asset monitoring and control solutions, including seamless satellite and cellular connectivity, unique hardware and powerful applications, all backed by end-to-end customer support, from installation to deployment to customer care. ORBCOMM has a diverse customer base including premier OEMs, solutions customers and channel partners spanning transportation, supply chain, warehousing and inventory, heavy equipment, maritime, natural resources, and government.
Orbcomm Inc executives and other stock owners filed with the SEC include: