Last updated: 25 July 2019 at 2:40am EST

Lawrence Weinbach Net Worth




The estimated Net Worth of Lawrence A Weinbach is at least $7.6 Million dollars as of 14 February 2017. Mr. Weinbach owns over 7,688 units of Discover Services stock worth over $6,009,099 and over the last 21 years he sold DFS stock worth over $1,085,699. In addition, he makes $504,990 as Independent Non-Executive Chairman of the Board at Discover Services.

Mr. Weinbach DFS stock SEC Form 4 insiders trading

Lawrence has made over 4 trades of the Discover Services stock since 2006, according to the Form 4 filled with the SEC. Most recently he sold 7,688 units of DFS stock worth $542,850 on 14 February 2017.

The largest trade he's ever made was exercising 128,123 units of Discover Services stock on 1 February 2006 worth over $16,486,868. On average, Lawrence trades about 3,467 units every 88 days since 2003. As of 14 February 2017 he still owns at least 46,698 units of Discover Services stock.

You can see the complete history of Mr. Weinbach stock trades at the bottom of the page.





Lawrence Weinbach biography

Lawrence A. Weinbach has been appointed Independent Non-Executive Chairman of the Board of Discover Financial Services. Mr. Weinbach has been chairman of Great Western Products Holdings, LLC, a manufacturer and master distributor of food and nonfood concession products, since 2009, and has been a managing director of Yankee Hill Capital Management, LLC, a private equity firm, since 2006. Prior to that, he was the executive chairman of Unisys Corporation, a worldwide information services and technology company, from 2005 to 2006, and its chairman and chief executive officer from 1997 to 2004. He began his career at Arthur Andersen, ultimately serving as managing partner and chief executive of Andersen Worldwide, a global professional services organization, which included Arthur Andersen and the company now known as Accenture, from 1989 to 1997.

What is the salary of Lawrence Weinbach?

As the Independent Non-Executive Chairman of the Board of Discover Services, the total compensation of Lawrence Weinbach at Discover Services is $504,990. There are 11 executives at Discover Services getting paid more, with Wanjiku Juanita Walcott having the highest compensation of $10,402,500.



How old is Lawrence Weinbach?

Lawrence Weinbach is 79, he's been the Independent Non-Executive Chairman of the Board of Discover Services since 2019. There are 1 older and 26 younger executives at Discover Services. The oldest executive at Discover Financial Services is Michael Moskow, 81, who is the Independent Director.

What's Lawrence Weinbach's mailing address?

Lawrence's mailing address filed with the SEC is 2500, Lake Cook Road, Riverwoods, Lake County, Illinois, 60015, United States.

Insiders trading at Discover Services

Over the last 17 years, insiders at Discover Services have traded over $351,289,158 worth of Discover Services stock and bought 212,751 units worth $6,327,526 . The most active insiders traders include Stanley Morgan, Gregory C Case, and David W Nelms. On average, Discover Services executives and independent directors trade stock every 15 days with the average trade being worth of $2,832,504. The most recent stock trade was executed by John Greene on 26 January 2024, trading 35,191 units of DFS stock currently worth $3,748,193.



What does Discover Services do?

you can make an impact. whether it’s developing corporate strategy, innovating new services or supporting it needs, every employee has the opportunity to be a vital part of our business and make a real difference in people’s lives. it’s the heart of what we do. discover is one of the most recognized brands in u.s. financial services. we’re a direct banking and payment services company built on a legacy of innovation and customer service. our employees have always played a big part in our success. we support, challenge and inspire employees to continually develop their skills, advance their career and help grow our business.



What does Discover Services's logo look like?

Discover Financial Services logo

Complete history of Mr. Weinbach stock trades at Discover Services and Unisys

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
14 Feb 2017 Lawrence A Weinbach
Director
Sale 7,688 $70.61 $542,850
14 Feb 2017
46,698
14 Feb 2017 Lawrence A Weinbach
Director
Sale 7,688 $70.61 $542,850
14 Feb 2017
46,698
1 Feb 2006 Lawrence A Weinbach
Chairman of the Board
Option 128,123 $66.90 $8,571,429
1 Feb 2006
382,766


Discover Services executives and stock owners

Discover Services executives and other stock owners filed with the SEC include: