The estimated Net Worth of David Sung Lee is at least $1.19 Million dollars as of 18 June 2024. Mr. Lee owns over 6,747 units of Motorcar Parts of America stock worth over $235,214 and over the last 15 years he sold MPAA stock worth over $154,710. In addition, he makes $801,560 as Chief Financial Officer at Motorcar Parts of America.
David has made over 17 trades of the Motorcar Parts of America stock since 2009, according to the Form 4 filled with the SEC. Most recently he exercised 6,747 units of MPAA stock worth $37,041 on 18 June 2024.
The largest trade he's ever made was exercising 30,900 units of Motorcar Parts of America stock on 11 August 2022 worth over $199,614. On average, David trades about 1,791 units every 120 days since 2009. As of 18 June 2024 he still owns at least 42,844 units of Motorcar Parts of America stock.
You can see the complete history of Mr. Lee stock trades at the bottom of the page.
David Ashley Lee CPA serves as Chief Financial Officer of the Company. Mr. Lee has been our Chief Financial Officer since February 2008. Prior to this, Mr. Lee served as our Vice President of Finance and Strategic Planning since January 2006, focusing primarily on financial management and strategic planning. Mr. Lee joined us in February 2005 as a Director of Finance and Strategic Planning. His primary responsibilities as Chief Financial Officer are treasury, budgeting and financial management. From August 2002 until he joined us in 2005, he served as corporate controller of Palace Entertainment, Inc., an amusement and water park organization. Prior to this, Mr. Lee held various corporate controller and finance positions for several domestic companies and served in the audit department of Deloitte LLP (formerly known as Deloitte & Touche LLP). Mr. Lee is a Certified Public Accountant. Mr. Lee earned his Bachelor of Arts degree in economics from the University of California, San Diego, and a Masters in Business Administration degree from the UCLA Anderson School of Management.
As the Chief Financial Officer of Motorcar Parts of America, the total compensation of David Lee at Motorcar Parts of America is $801,560. There are 2 executives at Motorcar Parts of America getting paid more, with Selwyn Joffe having the highest compensation of $3,086,940.
David Lee is 50, he's been the Chief Financial Officer of Motorcar Parts of America since 2008. There are 17 older and 1 younger executives at Motorcar Parts of America. The oldest executive at Motorcar Parts of America Inc. is Rudolph Borneo, 79, who is the Independent Director.
David's mailing address filed with the SEC is 2929, California Street, Torrance, Los Angeles County, California, 90503, United States.
Over the last 22 years, insiders at Motorcar Parts of America have traded over $28,017,363 worth of Motorcar Parts of America stock and bought 1,050,266 units worth $7,367,081 . The most active insiders traders include Mel Marks, Joffe Selwyn und Scott Joseph Adelson. On average, Motorcar Parts of America executives and independent directors trade stock every 22 days with the average trade being worth of $82,081. The most recent stock trade was executed by Capital Llc325 Capital Gp, ... on 27 August 2024, trading 57,797 units of MPAA stock currently worth $390,130.
motorcar parts of america, inc. is a remanufacturer, manufacturer and distributor of automotive aftermarket parts -- including alternators, starters, wheel hub assembly and brake master cylinder products utilized in imported and domestic passenger vehicles, light trucks and heavy duty applications. motorcar parts of america’s products are sold to automotive retail outlets and the professional repair market throughout the united states and canada, with facilities located in california, mexico, malaysia and china; and administrative offices located in california, tennessee, mexico, singapore, malaysia and toronto. saving resources for future generations. remanufacturing is the most efficient process for replacement parts – potentially reducing material and energy consumption by as much as 91% versus traditional manufacturing.* mpa’s reclaims and reconditions all non-wearing parts during the remanufacturing process. by recovering these components, mpa saves both the energy and material to
Motorcar Parts of America executives and other stock owners filed with the SEC include: