The estimated Net Worth of Timothy Pv Mammen is at least $7.79 Million dollars as of 16 June 2022. Mr. Mammen owns over 3,000 units of IPG Photonics Corp stock worth over $3,378,083 and over the last 17 years he sold IPGP stock worth over $2,337,084. In addition, he makes $2,076,740 as Chief Financial Officer and Senior Vice President at IPG Photonics Corp.
Timothy has made over 38 trades of the IPG Photonics Corp stock since 2011, according to the Form 4 filled with the SEC. Most recently he bought 3,000 units of IPGP stock worth $250,620 on 16 June 2022.
The largest trade he's ever made was exercising 15,092 units of IPG Photonics Corp stock on 10 November 2020 worth over $1,072,588. On average, Timothy trades about 2,434 units every 41 days since 2007. As of 16 June 2022 he still owns at least 53,493 units of IPG Photonics Corp stock.
You can see the complete history of Mr. Mammen stock trades at the bottom of the page.
Timothy P.V. Mammen serves as Chief Financial Officer and Senior Vice President of the Company. He was promoted to Senior Vice President in February 2013. Between May 1999 and July 2000, Mr. Mammen served as the Group Finance Director and General Manager of the United Kingdom operations for IPFD. Mr. Mammen was Finance Director and General Manager of United Partners Plc, a commodities trading firm, from 1995 to 1999 and, prior to that, he worked in the finance department of E.I. du Pont de Nemours and Company. Mr. Mammen holds an Upper Second B.Sc. Honours degree in International Trade and Development from the London School of Economics and Political Science. He is a Chartered Accountant and a member of the Institute of Chartered Accountants of Scotland.
As the Chief Financial Officer and Senior Vice President of IPG Photonics Corp, the total compensation of Timothy Mammen at IPG Photonics Corp is $2,076,740. There are 1 executives at IPG Photonics Corp getting paid more, with Eugene Shcherbakov having the highest compensation of $3,878,070.
Timothy Mammen is 50, he's been the Chief Financial Officer and Senior Vice President of IPG Photonics Corp since 2013. There are 18 older and 3 younger executives at IPG Photonics Corp. The oldest executive at IPG Photonics Corp is Valentin Gapontsev, 81, who is the Chairman of the Board, Chief Executive Officer.
Timothy's mailing address filed with the SEC is C/O IPG PHOTONICS CORPORATION, 377 SIMARANO DRIVE, MARLBOROUGH, MA, 01752.
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: