The estimated Net Worth of Eugene A Shcherbakov is at least $10.6 Million dollars as of 16 February 2024. Eugene Shcherbakov owns over 4,000 units of IPG Photonics Corp stock worth over $6,481,590 and over the last 17 years he sold IPGP stock worth over $290,034. In addition, he makes $3,878,070 as Chief Operating Officer, Managing Director of IPG Laser GmbH, and Senior Vice President - Europe and Director at IPG Photonics Corp.
Eugene has made over 33 trades of the IPG Photonics Corp stock since 2012, according to the Form 4 filled with the SEC. Most recently he exercised 4,000 units of IPGP stock worth $287,080 on 16 February 2024.
The largest trade he's ever made was exercising 10,149 units of IPG Photonics Corp stock on 14 February 2013 worth over $83,831. On average, Eugene trades about 1,853 units every 53 days since 2007. As of 16 February 2024 he still owns at least 102,638 units of IPG Photonics Corp stock.
You can see the complete history of Eugene Shcherbakov stock trades at the bottom of the page.
Dr. Eugene A. Shcherbakov Ph.D. serves as Chief Operating Officer, Managing Director of IPG Laser GmbH, Senior Vice President - Europe and Director of the Company. Dr. Scherbakov has served as Chief Operating Officer since February 2017, Managing Director of IPG Laser GmbH, our German subsidiary, since August 2000 and Senior Vice President-Europe since 2013. He served as the Technical Director of IPG Laser from 1995 to August 2000. From 1983 to 1995, Dr. Scherbakov was a senior scientist in fiber optics and head of the optical communications laboratory at the General Physics Institute, Russian Academy of Science in Moscow. Dr. Scherbakov graduated from the Moscow Physics and Technology Institute with an M.S. in Physics. In addition, Dr. Scherbakov attended the Russian Academy of Science in Moscow, where he received a Ph.D. in Quantum Electronics from its Lebedev Physics Institute and a Dr.Sci. degree in Laser Physics from its General Physics Institute. Dr. Scherbakov has extensive knowledge of the Company’s business as Managing Director of IPG Laser GmbH, which produces a large volume of our products and is the source of many developments in products, technology and applications. He applies his knowledge and experience across our many international branches. The leadership and operational expertise of Dr. Scherbakov have contributed to IPG increasing production, lowering manufacturing costs, managing risk and maintaining high margins compared to our industry peers. He also has extensive technological knowledge of fiber lasers, their components and manufacturing processes. His service as an executive officer of the Company provides the Board with a detailed understanding of the Company’s operations, sales and customers.
As the Chief Operating Officer, Managing Director of IPG Laser GmbH, and Senior Vice President - Europe and Director of IPG Photonics Corp, the total compensation of Eugene Shcherbakov at IPG Photonics Corp is $3,878,070. There are no executives at IPG Photonics Corp getting paid more.
Eugene Shcherbakov is 72, he's been the Chief Operating Officer, Managing Director of IPG Laser GmbH, and Senior Vice President - Europe and Director of IPG Photonics Corp since 2017. There are 2 older and 19 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.
Eugene'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: