The estimated Net Worth of Eric Meurice is at least $1.51 Million dollars as of 29 April 2024. Mr. Meurice owns over 788 units of IPG Photonics Corp stock worth over $1,091,169 and over the last 10 years he sold IPGP stock worth over $103,353. In addition, he makes $313,693 as Independent Director at IPG Photonics Corp.
Eric has made over 11 trades of the IPG Photonics Corp stock since 2023, according to the Form 4 filled with the SEC. Most recently he exercised 788 units of IPGP stock worth $49,959 on 29 April 2024.
The largest trade he's ever made was exercising 1,442 units of IPG Photonics Corp stock on 29 January 2024 worth over $91,423. On average, Eric trades about 377 units every 13 days since 2014. As of 29 April 2024 he still owns at least 17,279 units of IPG Photonics Corp stock.
You can see the complete history of Mr. Meurice stock trades at the bottom of the page.
Eric Meurice serves as Independent Director of the Company. Mr. Meurice was President and Chief Executive Officer of ASML Holding NV, a provider of semiconductor manufacturing equipment and technology, from October 2004 to June 2013, and Chairman until March 2014. From 2001 to 2004, he was Executive Vice President of the Thomson Television Division of Thomson, SA, an electronics manufacturer. From 1995 to 2001, he served as head of Dell Computer’s Western, Eastern Europe and EMEA emerging market businesses. Before 1995, he gained significant technology experience at ITT Semiconductors and at Intel Corporation. Mr. Meurice previously served on the boards of Verigy Ltd., a manufacturer of semiconductor test equipment, ARM Holdings plc, a semiconductor intellectual property supplier, NXP Semiconductors N.V., a semiconductor company, and Meyer Burger Technology AG, a solar equipment vendor. Mr. Meurice serves on the boards of UMICORE S.A., a recycling and materials company, since April 2015, and SOITEC S.A., a semiconductor materials manufacturer, since July 2018, and where he was appointed Chairman since March 2019. Mr. Meurice earned a Master’s degree in Mechanics and Energy Generation at the Ecole Centrale de Paris, a Master’s degree in Economics from la Sorbonne University, Paris, and an M.B.A. from the Stanford University Graduate School of Business. .
As the Independent Director of IPG Photonics Corp, the total compensation of Eric Meurice at IPG Photonics Corp is $313,693. There are 14 executives at IPG Photonics Corp getting paid more, with Eugene Shcherbakov having the highest compensation of $3,878,070.
Eric Meurice is 63, he's been the Independent Director of IPG Photonics Corp since 2014. There are 6 older and 14 younger executives at IPG Photonics Corp. The oldest executive at IPG Photonics Corp is Valentin Gapontsev, 81, who is the Chairman of the Board, Chief Executive Officer.
Eric's mailing address filed with the SEC is C/O IPG PHOTONICS CORPORATION, 377 SIMARANO DRIVE, MARLBOROUGH, MA, 01752.
Over the last 18 years, insiders at IPG Photonics Corp have traded over $241,525,468 worth of IPG Photonics Corp stock and bought 9,089 units worth $754,369 . The most active insiders traders include Associates Inc Ta, Ix Lp Ta und Associates Ix Llc Ta. On average, IPG Photonics Corp executives and independent directors trade stock every 11 days with the average trade being worth of $542,395. The most recent stock trade was executed by Jeanmarie F. Desmond on 30 May 2024, trading 985 units of IPGP stock currently worth $83,922.
IPG Photonics is an American manufacturer of fiber lasers. IPG Photonics developed and commercialized optical fiber lasers, which are used in a variety of applications including materials processing, medical applications and telecommunications.
IPG Photonics Corp executives and other stock owners filed with the SEC include: