The estimated Net Worth of Salvatore A Abbate is at least $3.34 Million dollars as of 12 August 2024. Mr. Abbate owns over 1,000 units of Veritiv Corp stock worth over $620,464 and over the last 6 years he sold VRTV stock worth over $608,550. In addition, he makes $2,114,760 as Chief Executive Officer and Chief Operating Officer at Veritiv Corp.
Salvatore has made over 2 trades of the Veritiv Corp stock since 2023, according to the Form 4 filled with the SEC. Most recently he bought 1,000 units of VRTV stock worth $103,930 on 12 August 2024.
The largest trade he's ever made was selling 5,000 units of Veritiv Corp stock on 16 March 2023 worth over $608,550. On average, Salvatore trades about 250 units every 21 days since 2018. As of 12 August 2024 he still owns at least 3,650 units of Veritiv Corp stock.
You can see the complete history of Mr. Abbate stock trades at the bottom of the page.
Salvatore A. Abbate has been appointed as Chief Executive Officer, Chief Operating Officer of the Company effective 9/30/2020. Mr. Abbate has served as Senior Vice President and Chief Commercial Officer of the Company since April 2018. Previously, Mr. Abbate served as Senior Vice President, Chief Sales & Marketing Officer for Andersen Windows & Doors, Inc., a leading North American window and door manufacturer, from July 2013 to March 2018. From September 2011 to June 2013, Mr. Abbate served as Senior Vice President, Sales and Marketing for Andersen. Prior to that, Mr. Abbate served as Vice-President, Global Sales and Marketing for the performance films division of Solutia, Inc., a performance materials and specialty chemical provider. Prior to Solutia, Mr. Abbate held various sales, marketing and operations roles for several divisions of Armstrong. Mr. Abbate has significant experience in sales, marketing, field operations, manufacturing and process improvement.
As the Chief Executive Officer and Chief Operating Officer of Veritiv Corp, the total compensation of Salvatore Abbate at Veritiv Corp is $2,114,760. There are 2 executives at Veritiv Corp getting paid more, with Stephen Smith having the highest compensation of $2,219,980.
Salvatore Abbate is 51, he's been the Chief Executive Officer and Chief Operating Officer of Veritiv Corp since 2020. There are 16 older and 6 younger executives at Veritiv Corp. The oldest executive at Veritiv Corp is Daniel Henry, 70, who is the Independent Director.
Salvatore's mailing address filed with the SEC is McClure Drive, Fort Smith, Sebastian County, Arkansas, 72923, United States.
Over the last 10 years, insiders at Veritiv Corp have traded over $521,023,053 worth of Veritiv Corp stock and bought 112,837 units worth $3,450,132 . The most active insiders traders include Capital Investors Llcbcip A..., Capital Investors Llcbain C..., and Group Llc/Ma Baupost Group .... On average, Veritiv Corp executives and independent directors trade stock every 77 days with the average trade being worth of $55,393,961. The most recent stock trade was executed by Salvatore A Abbate on 16 March 2023, trading 5,000 units of VRTV stock currently worth $608,550.
veritiv corporation (nyse: vrtv) is a leading north american business-to-business distributor of print, publishing, packaging, facility, and logistics solutions. with approximately 8,900 employees and $9 billion in revenue, we serve customers across virtually every industry. our history goes back more than 150 years, and our legacy companies achieved past success by upholding high standards of efficiency, integrity, accountability, and customer focus. we leverage this rich history as one team shaping success through exceptional service, innovative people, and consistent values. veritiv has an expansive north american network with more than 180 locations, and we do business with more than half of the fortune 500. we’re a big company, but we’re also a new company, shaping our systems and processes to support a successful and sustainable future.
Veritiv Corp executives and other stock owners filed with the SEC include: