The estimated Net Worth of Valentin P Gapontsev is at least $79.4 Million dollars as of 17 November 2020. Valentin Gapontsev owns over 16,171 units of IPG Photonics Corp stock worth over $18,858,990 and over the last 18 years he sold IPGP stock worth over $59,296,842. In addition, he makes $1,251,980 as Chairman of the Board and Chief Executive Officer at IPG Photonics Corp.
Valentin has made over 34 trades of the IPG Photonics Corp stock since 2012, according to the Form 4 filled with the SEC. Most recently he sold 16,171 units of IPGP stock worth $3,220,293 on 17 November 2020.
The largest trade he's ever made was selling 200,000 units of IPG Photonics Corp stock on 1 March 2012 worth over $10,860,000. On average, Valentin trades about 11,048 units every 51 days since 2006. As of 17 November 2020 he still owns at least 298,638 units of IPG Photonics Corp stock.
You can see the complete history of Valentin Gapontsev stock trades at the bottom of the page.
Dr. Valentin P. Gapontsev Ph.D. serves as Chairman of the Board, Chief Executive Officer of the Company. Dr. Gapontsev has been the CEO and Chairman of the Board of IPG since our inception. Prior to founding the Company's predecessor in 1990, Dr. Gapontsev served as senior scientist in laser material physics and head of the laboratory at the Soviet Academy of Science’s Institute of Radio Engineering and Electronics in Moscow. In 2006, he was awarded the Ernst & Young® Entrepreneur of the Year Award for Industrial Products and Services in New England and in 2009, he was awarded the Arthur L. Schawlow Award by the Laser Institute of America. In 2011, he received the Russian Federation National Award in Science and Technology, and he was selected as a Fellow of the Optical Society of America. Dr. Gapontsev holds a Ph.D. in Laser Materials from the Moscow Institute of Physics and Technology. Dr. Gapontsev is the founder of the Company and has successfully led the Company and the Board since the Company was formed to now. In the roles of CEO and Chairman of the Board, he has been responsible for formulation and execution of IPG’s strategy and providing leadership and oversight of IPG’s business during a period of rapid and profitable growth, as well as business contractions. He has over thirty years of academic research experience in the fields of solid state laser materials, laser spectroscopy and non-radiative energy transfer between rare earth ions and is the author of many scientific publications and several international patents. His strategic foresight and entrepreneurial spirit along with his deep scientific understanding has guided the Company’s continued growth and technology leadership.
As the Chairman of the Board and Chief Executive Officer of IPG Photonics Corp, the total compensation of Valentin Gapontsev at IPG Photonics Corp is $1,251,980. There are 5 executives at IPG Photonics Corp getting paid more, with Eugene Shcherbakov having the highest compensation of $3,878,070.
Valentin Gapontsev is 81, he's been the Chairman of the Board and Chief Executive Officer of IPG Photonics Corp since 1990. There are no older and 21 younger executives at IPG Photonics Corp.
Valentin's mailing address filed with the SEC is C/O IPG PHOTONICS CORPORATION, 50 OLD WEBSTER ROAD, OXFORD, MA, 01540.
Over the last 18 years, insiders at IPG Photonics Corp have traded over $241,525,468 worth of IPG Photonics Corp stock and bought 9,089 units worth $754,369 . The most active insiders traders include Associates Inc Ta, Ix Lp Ta, and Associates Ix Llc Ta. On average, IPG Photonics Corp executives and independent directors trade stock every 11 days with the average trade being worth of $542,395. The most recent stock trade was executed by Jeanmarie F. Desmond on 30 May 2024, trading 985 units of IPGP stock currently worth $83,922.
IPG Photonics is an American manufacturer of fiber lasers. IPG Photonics developed and commercialized optical fiber lasers, which are used in a variety of applications including materials processing, medical applications and telecommunications.
IPG Photonics Corp executives and other stock owners filed with the SEC include: