The estimated Net Worth of Charles Guowei Chao is at least $2.64 Million dollars as of 19 November 2004. Mr. Chao owns over 55,000 units of Sina stock worth over $2,396,734 and over the last 21 years he sold SINA stock worth over $0. In addition, he makes $246,798 as Chairman of the Board, Chief Executive Officer, and Principal Executive Officer at Sina.
Charles has made over 6 trades of the Sina stock since 2003, according to the Form 4 filled with the SEC. Most recently he exercised 55,000 units of SINA stock worth $648,450 on 19 November 2004.
The largest trade he's ever made was exercising 100,000 units of Sina stock on 29 October 2004 worth over $197,000. On average, Charles trades about 38,125 units every 60 days since 2003. As of 19 November 2004 he still owns at least 55,403 units of Sina stock.
You can see the complete history of Mr. Chao stock trades at the bottom of the page.
Charles Chao, CPA, serves as Chairman of the Board, Chief Executive Officer, Principal Executive Officer of SINA Corp. He has served as our Chairman of the Board of Directors since August 2012 and our Chief Executive Officer since May 2006. He served as our President from September 2005 to February 2013, Chief Financial Officer from February 2001 to May 2006, Co-Chief Operating Officer from July 2004 to September 2005, and Executive Vice President from April 2002 to June 2003, Vice President of Finance from September 1999 to January 2001. Prior to joining us, Mr. Chao served as an audit manager at PricewaterhouseCoopers, LLP, an accounting firm. Prior to that, Mr. Chao was a news correspondent at Shanghai Media Group. Mr. Chao is currently the Chairman of the board of directors of our subsidiary Weibo Corporation, a leading social media company, a director of NetDragon Websoft Inc., a company providing technology for online gaming and a director of Leju, an online-to-offline (O2O) real estate services provider in China. Mr. Chao holds a Master of Professional Accounting degree from University of Texas at Austin, an M.A. in Journalism from University of Oklahoma and a B.A. in Journalism from Fudan University in Shanghai, China.
As the Chairman of the Board, Chief Executive Officer, and Principal Executive Officer of Sina, the total compensation of Charles Chao at Sina is $246,798. There are 1 executives at Sina getting paid more, with Yan Wang having the highest compensation of $290,429.
Charles Chao is 54, he's been the Chairman of the Board, Chief Executive Officer, and Principal Executive Officer of Sina since 2013. There are 3 older and 5 younger executives at Sina. The oldest executive at Sina Corp. is Ter Fung Tsao, 74, who is the Independent Director.
Charles's mailing address filed with the SEC is C/O EDWARD WU, 2988 CAMPUS DRIVE, SUITE 100, SAN MATEO, CA, 94403.
Over the last 21 years, insiders at Sina have traded over $1,123,461,609 worth of Sina stock. The most active insiders traders include Pehong Chen, Lip Bu Tan, and Universe Group Ltd Best. On average, Sina executives and independent directors trade stock every 10 days with the average trade being worth of $10,828,065. The most recent stock trade was executed by Hurst Lin on 8 December 2006, trading 55,000 units of SINA stock currently worth $572,000.
Sina executives and other stock owners filed with the SEC include: