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Last updated: 19 August 2024 at 4:18pm EST

Morton Schapiro Net Worth




The estimated Net Worth of Morton O Schapiro is at least $3.69 Million dollars as of 10 January 2018. Mr. Schapiro owns over 1,765 units of Marsh & McLennan Cos stock worth over $1,950,616 and over the last 22 years he sold MMC stock worth over $1,426,971. In addition, he makes $315,000 as Independent Director at Marsh & McLennan Cos.

Mr. Schapiro MMC stock SEC Form 4 insiders trading

Morton has made over 6 trades of the Marsh & McLennan Cos stock since 2014, according to the Form 4 filled with the SEC. Most recently he sold 9,078 units of MMC stock worth $1,426,971 on 31 August 2021.

The largest trade he's ever made was selling 9,078 units of Marsh & McLennan Cos stock on 31 August 2021 worth over $1,426,971. On average, Morton trades about 151 units every 24 days since 2003. As of 10 January 2018 he still owns at least 8,515 units of Marsh & McLennan Cos stock.

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





Morton Schapiro biography

Morton O. Schapiro is an Independent Director of the Company. Mr. Schapiro has been President and Professor of Economics at Northwestern University since 2009. Prior to that, he was President and Professor at Williams College from 2000. Previous positions include Dean of the College of Letters, Arts and Sciences of the University of Southern California from 1994 to 2000, the University’s Vice President for planning from 1999 to 2000 and Chair of its Department of Economics from 1991 to 1994. Mr. Schapiro is among the nation’s leading authorities on the economics of higher education and has expertise in labor and development economics.

What is the salary of Morton Schapiro?

As the Independent Director of Marsh & McLennan Cos, the total compensation of Morton Schapiro at Marsh & McLennan Cos is $315,000. There are 14 executives at Marsh & McLennan Cos getting paid more, with Daniel Glaser having the highest compensation of $20,331,700.



How old is Morton Schapiro?

Morton Schapiro is 66, he's been the Independent Director of Marsh & McLennan Cos since 2002. There are 6 older and 22 younger executives at Marsh & McLennan Cos. The oldest executive at Marsh & McLennan Cos., Inc. is Marc Oken, 73, who is the Independent Director.

What's Morton Schapiro's mailing address?

Morton's mailing address filed with the SEC is C/O NORTHWESTERN UNIVERSITY, 633 CLARK ST., ROOM 2-130, EVANSTON, IL, 60208.

Insiders trading at Marsh & McLennan Cos

Over the last 24 years, insiders at Marsh & McLennan Cos have traded over $179,763,922 worth of Marsh & McLennan Cos stock and bought 129,883 units worth $4,787,690 . The most active insiders traders include Charles A Davis, Daniel S Glaser, and Peter Zaffino. On average, Marsh & McLennan Cos executives and independent directors trade stock every 15 days with the average trade being worth of $6,461,201. The most recent stock trade was executed by Paul Beswick on 5 September 2024, trading 2,169 units of MMC stock currently worth $503,208.



What does Marsh & McLennan Cos do?

Marsh & McLennan Companies, Inc., doing business as Marsh McLennan, is a global professional services firm, headquartered in New York City with businesses in insurance brokerage, risk management, reinsurance services, talent management, investment advisory, and management consulting.



What does Marsh & McLennan Cos's logo look like?

Marsh & McLennan Cos., Inc. logo

Complete history of Mr. Schapiro stock trades at Marsh & McLennan Cos

Date
#
Company
 Insider
Trans.
Transaction
 Shares Price per share Total value Shares after Source
31 Aug 2021 MMC Marsh & McLennan Cos., Inc. Morton O Schapiro
Director
 Sale 9,078 $157.19 $1,426,971
31 Aug 2021
0 ↗
10 Jan 2018 MMC Marsh & McLennan Cos., Inc. Morton O Schapiro
Director
 Option 1,765 $82.28 $145,224
10 Jan 2018
8,515 ↗
10 Jan 2017 MMC Marsh & McLennan Cos., Inc. Morton O Schapiro
Director
 Option 1,732 $68.11 $117,967
10 Jan 2017
6,720 ↗
10 Jan 2016 MMC Marsh & McLennan Cos., Inc. Morton O Schapiro
Director
 Option 1,697 $53.43 $90,671
10 Jan 2016
4,988 ↗
10 Jan 2015 MMC Marsh & McLennan Cos., Inc. Morton O Schapiro
Director
 Option 1,663 $57.10 $94,957
10 Jan 2015
3,291 ↗
10 Jan 2014 MMC Marsh & McLennan Cos., Inc. Morton O Schapiro
Director
 Option 1,628 $48.39 $78,779
10 Jan 2014
1,628 ↗


Marsh & McLennan Cos executives and stock owners

Marsh & McLennan Cos executives and other stock owners filed with the SEC include: