The estimated Net Worth of Ivor J Evans is at least $17.1 Million dollars as of 16 February 2021. Mr. Evans owns over 100,000 units of Meritor Inc stock worth over $12,009,048 and over the last 21 years he sold MTOR stock worth over $4,913,708. In addition, he makes $224,985 as Independent Director at Meritor Inc.
Ivor has made over 13 trades of the Meritor Inc stock since 2003, according to the Form 4 filled with the SEC. Most recently he sold 100,000 units of MTOR stock worth $3,224,000 on 16 February 2021.
The largest trade he's ever made was exercising 587,578 units of Meritor Inc stock on 1 December 2016 worth over $21,446,597. On average, Ivor trades about 16,632 units every 57 days since 2003. As of 16 February 2021 he still owns at least 329,015 units of Meritor Inc stock.
You can see the complete history of Mr. Evans stock trades at the bottom of the page.
Ivor J. Evans serves as Independent Director of the Company. He previously served Meritor as Executive Chairman of the Board from April 2015 to April 2016; Chairman of the Board and Chief Executive Officer from August 2013 to March 2015 (also serving as President from August 2013 to June 2014); and Executive Chairman of the Board and Interim Chief Executive Officer and President from May 2013 until July 2013. Prior to joining Meritor’s Board, he served as Vice Chairman of Union Pacific Corporation (rail transportation) from January 2004 until his retirement in March 2005, and served as a member of the Union Pacific board of directors from 1999 to 2005. He had served as President and Chief Operating Officer of Union Pacific Railroad from 1998 until January 2004. From 1989 to 1998, he served in various executive positions at Emerson Electric Company (technology and engineering applications), including Senior Vice President, Industrial Components and Equipment. Prior to that, he was President of Blackstone Corp. (automotive components and systems) from 1985 to 1989 and, prior to that, spent 21 years serving in key operations roles for General Motors Corporation (automotive). He is also a director of Textron Inc. He is a former director of Cooper Industries, Roadrunner Transportation Systems, Inc. and Spirit AeroSystems and a former operating partner of HCI Equity Partners (formerly named Thayer Capital Partners).
As the Independent Director of Meritor Inc, the total compensation of Ivor Evans at Meritor Inc is $224,985. There are 14 executives at Meritor Inc getting paid more, with Jeffrey Craig having the highest compensation of $7,399,120.
Ivor Evans is 77, he's been the Independent Director of Meritor Inc since 2016. There are 1 older and 14 younger executives at Meritor Inc. The oldest executive at Meritor Inc is William Newlin, 79, who is the Independent Chairman of the Board.
Ivor's mailing address filed with the SEC is C/O MERITOR, INC., 2135 WEST MAPLE ROAD, TROY, MI, 48084-7186.
Over the last 14 years, insiders at Meritor Inc have traded over $45,153,158 worth of Meritor Inc stock and bought 198,958 units worth $1,707,165 . The most active insiders traders include Jeffrey A Craig, Ivor J Evans, and William R Newlin. On average, Meritor Inc executives and independent directors trade stock every 26 days with the average trade being worth of $1,696,046. The most recent stock trade was executed by Carl Douglas Ii Anderson on 1 April 2022, trading 23,730 units of MTOR stock currently worth $866,145.
Meritor, Inc. is a leading global supplier of drivetrain, mobility, braking, aftermarket and electric powertrain solutions for commercial vehicle and industrial markets. With more than a 110-year legacy of providing innovative products that offer superior performance, efficiency and reliability, the company serves commercial truck, trailer, off-highway, defense, specialty and aftermarket customers around the world. Meritor is based in Troy, Michigan, United States, and is made up of more than 8,600 diverse employees who apply their knowledge and skills in manufacturing facilities, engineering centers, joint ventures, distribution centers and global offices in 19 countries.
Meritor Inc executives and other stock owners filed with the SEC include: