The estimated Net Worth of Lawrence A Weinbach is at least $7.6 Million dollars as of 14 February 2017. Mr. Weinbach owns over 7,688 units of Discover Services stock worth over $6,009,099 and over the last 22 years he sold DFS stock worth over $1,085,699. In addition, he makes $504,990 as Independent Non-Executive Chairman of the Board at Discover Services.
Lawrence has made over 4 trades of the Discover Services stock since 2006, according to the Form 4 filled with the SEC. Most recently he sold 7,688 units of DFS stock worth $542,850 on 14 February 2017.
The largest trade he's ever made was exercising 128,123 units of Discover Services stock on 1 February 2006 worth over $16,486,868. On average, Lawrence trades about 3,467 units every 88 days since 2003. As of 14 February 2017 he still owns at least 46,698 units of Discover Services stock.
You can see the complete history of Mr. Weinbach stock trades at the bottom of the page.
Lawrence A. Weinbach has been appointed Independent Non-Executive Chairman of the Board of Discover Financial Services. Mr. Weinbach has been chairman of Great Western Products Holdings, LLC, a manufacturer and master distributor of food and nonfood concession products, since 2009, and has been a managing director of Yankee Hill Capital Management, LLC, a private equity firm, since 2006. Prior to that, he was the executive chairman of Unisys Corporation, a worldwide information services and technology company, from 2005 to 2006, and its chairman and chief executive officer from 1997 to 2004. He began his career at Arthur Andersen, ultimately serving as managing partner and chief executive of Andersen Worldwide, a global professional services organization, which included Arthur Andersen and the company now known as Accenture, from 1989 to 1997.
As the Independent Non-Executive Chairman of the Board of Discover Services, the total compensation of Lawrence Weinbach at Discover Services is $504,990. There are 11 executives at Discover Services getting paid more, with Wanjiku Juanita Walcott having the highest compensation of $10,402,500.
Lawrence Weinbach is 79, he's been the Independent Non-Executive Chairman of the Board of Discover Services since 2019. There are 1 older and 26 younger executives at Discover Services. The oldest executive at Discover Financial Services is Michael Moskow, 81, who is the Independent Director.
Lawrence's mailing address filed with the SEC is 2500, Lake Cook Road, Riverwoods, Lake County, Illinois, 60015, United States.
Over the last 17 years, insiders at Discover Services have traded over $351,289,158 worth of Discover Services stock and bought 212,751 units worth $6,327,526 . The most active insiders traders include Stanley Morgan, Gregory C Case und David W Nelms. On average, Discover Services executives and independent directors trade stock every 15 days with the average trade being worth of $2,832,504. The most recent stock trade was executed by John Greene on 26 January 2024, trading 35,191 units of DFS stock currently worth $3,748,193.
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Discover Services executives and other stock owners filed with the SEC include: