The estimated Net Worth of David B Edelson is at least $11.4 Million dollars as of 29 April 2024. Mr. Edelson owns over 10,000 units of Loews stock worth over $3,792,192 and over the last 16 years he sold L stock worth over $1,680,000. In addition, he makes $5,936,940 as Senior Vice President and Chief Financial Officer at Loews.
David has made over 29 trades of the Loews stock since 2011, according to the Form 4 filled with the SEC. Most recently he sold 10,000 units of L stock worth $1,680,000 on 29 April 2024.
The largest trade he's ever made was exercising 45,000 units of Loews stock on 11 August 2021 worth over $1,779,750. On average, David trades about 5,695 units every 46 days since 2008. As of 29 April 2024 he still owns at least 48,793 units of Loews stock.
You can see the complete history of Mr. Edelson stock trades at the bottom of the page.
David B. Edelson serves as Senior Vice President and Chief Financial Officer of the Company. In addition to his role as CFO, David is responsible for human resources and information technology. David joined Loews as senior vice president in May 2005 and became CFO in May 2014. Before becoming CFO, David monitored the performance of Loews’s subsidiaries and focused on strategy, corporate finance, corporate development and investor relations. Prior to Loews, David was executive vice president and corporate treasurer of JPMorgan Chase & Co. David joined Chase’s global mergers & acquisitions group in 1997 and subsequently became head of the global financial institutions group before being named JPMorgan Chase’s corporate treasurer in 2001. Earlier in his career, David worked in the mergers & acquisitions and financial institutions groups at Goldman Sachs & Co. David earned an M.B.A. from the Stanford Graduate School of Business and graduated from Dartmouth College with an A.B. in English. David is a director of AutoNation, Inc. His non-profit activities include serving as the president of the Jewish Board of Family & Children’s Services, a governor of the Hebrew Union College – Jewish Institute of Religion, a board member of the American Jewish Committee New York, and a member of the Dartmouth New York Regional Campaign Committee.
As the Senior Vice President and Chief Financial Officer of Loews, the total compensation of David Edelson at Loews is $5,936,940. There are 3 executives at Loews getting paid more, with James Tisch having the highest compensation of $9,312,870.
David Edelson is 60, he's been the Senior Vice President and Chief Financial Officer of Loews since 2014. There are 19 older and 3 younger executives at Loews. The oldest executive at Loews Corp. is Charles Diker, 85, who is the Independent Director.
David's mailing address filed with the SEC is 200 SW 1ST AVE, SUITE 1600, FORT LAUDERDALE, FL, 33301.
Over the last 16 years, insiders at Loews have traded over $207,074,189 worth of Loews stock and bought 382,070 units worth $21,527,359 . The most active insiders traders include James S Tisch, Paul J Fribourg, and Andrew H Tisch. On average, Loews executives and independent directors trade stock every 12 days with the average trade being worth of $1,441,551. The most recent stock trade was executed by Jonathan M Tisch on 6 September 2024, trading 62,500 units of L stock currently worth $4,979,375.
loews corporation is a diversified company with three publicly-traded subsidiaries: cna financial corporation (nyse: cna), diamond offshore drilling, inc. (nyse: do) and boardwalk pipeline partners, lp (nyse: bwp); and one wholly owned subsidiary, loews hotels & resorts. for more information please visit www.loews.com. at loews, we don’t show movies, at least not anymore, and we can’t help with your home improvement needs – but we can offer you a distinctive opportunity to join one of the largest diversified companies in the world. as with any great company, our success is directly linked to the strength of our team. we work closely with our employees to create a progressive, informal and rewarding work environment in which they can thrive and succeed. our team of corporate employees perform a wide range of functions, working together to provide strategic direction and services to loews and our four subsidiaries. from accounting and audit to information technology and investment pr
Loews executives and other stock owners filed with the SEC include: