The estimated Net Worth of David L Herzog is at least $367 Thousand dollars as of 10 August 2017. Mr. Herzog owns over 900 units of AMBAC stock worth over $10,095 and over the last 13 years he sold AMBC stock worth over $0. In addition, he makes $357,000 as Independent Director at AMBAC.
David has made over 3 trades of the AMBAC stock since 2016, according to the Form 4 filled with the SEC. Most recently he exercised 900 units of AMBC stock worth $9,594 on 10 August 2017.
The largest trade he's ever made was buying 12,820 units of AMBAC stock on 30 March 2016 worth over $203,069. On average, David trades about 120 units every 2 days since 2012. As of 10 August 2017 he still owns at least 947 units of AMBAC stock.
You can see the complete history of Mr. Herzog stock trades at the bottom of the page.
David Lawrence Herzog serves as Independent Director of the Company. Mr. Herzog has been a director since March 28, 2016. He was the Chief Financial Officer and Executive Vice President of AIG from October 2008 until his retirement from AIG in April 2016. Mr. Herzog served as Senior Vice President and Comptroller of AIG from June 2005 to October 2008, Chief Financial Officer for worldwide life insurance operations from April 2004 to June 2005 and Vice President, Life Insurance from 2003 to 2004. In addition, Mr. Herzog has served in other senior officer positions for AIG and its subsidiaries, including as the Chief Financial Officer and Chief Operating Officer of American General Life following its acquisition by AIG. Previously, Mr. Herzog served in various executive positions at GenAmerica Corporation and Family Guardian Life, a Citicorp Company, and at a large accounting firm that is now part of PricewaterhouseCoopers LLP. Mr. Herzog currently serves as a member of the Board of Directors of MetLife, Inc., DXC Technology Company and PCCW Ltd. Mr. Herzog received a bachelor's degree in accounting from the University of Missouri-Columbia and a master of business administration in finance and economics from the University of Chicago. In addition, Mr. Herzog holds the designations of Certified Public Accountant, a Fellow in the National Association of Corporate Directors and Fellow, Life Management Institute.
As the Independent Director of AMBAC, the total compensation of David Herzog at AMBAC is $357,000. There are 12 executives at AMBAC getting paid more, with Claude LeBlanc having the highest compensation of $5,588,240.
David Herzog is 60, he's been the Independent Director of AMBAC since 2016. There are 4 older and 15 younger executives at AMBAC. The oldest executive at AMBAC Financial Group Inc. is Claude Prieur, 69, who is the Independent Director.
David's mailing address filed with the SEC is 20408 BASHAN DRIVE, SUITE 231, ASHBURN, VA, 20147.
Over the last 2001 years, insiders at AMBAC have traded over $0 worth of AMBAC stock and bought 620,503 units worth $8,494,882 . The most active insiders traders include Claude Le Blanc, Tavakoli Nader, and C James Prieur. On average, AMBAC executives and independent directors trade stock every 3430 days with the average trade being worth of $117,111. The most recent stock trade was executed by R Sharon Smith on 8 August 2024, trading 1,100 units of AMBC stock currently worth $11,704.
ambac financial group, inc. (“ambac”), headquartered in new york city, is a holding company whose subsidiaries, including its principal operating subsidiary, ambac assurance corporation (“ambac assurance”), everspan financial guarantee corporation, and ambac assurance uk limited, provided financial guarantees and other financial services to clients in both the public and private sectors globally. ambac assurance, including the segregated account of ambac assurance (in rehabilitation), is a guarantor of public finance and structured finance obligations. ambac is also exploring opportunities involving the development or acquisition of new financial services businesses. ambac’s common stock trades on the nasdaq global select market (nasdaq: ambc)
AMBAC executives and other stock owners filed with the SEC include: