The estimated Net Worth of Howard L Lance is at least $32.8 Million dollars as of 29 February 2024. Mr. Lance owns over 4,038 units of Summit Materials Inc stock worth over $590,377 and over the last 19 years he sold SUM stock worth over $31,789,962. In addition, he makes $388,431 as Independent Chairman of the Board at Summit Materials Inc.
Howard has made over 48 trades of the Summit Materials Inc stock since 2005, according to the Form 4 filled with the SEC. Most recently he exercised 4,038 units of SUM stock worth $145,691 on 29 February 2024.
The largest trade he's ever made was exercising 278,067 units of Summit Materials Inc stock on 8 September 2005 worth over $5,833,846. On average, Howard trades about 13,777 units every 57 days since 2005. As of 29 February 2024 he still owns at least 16,363 units of Summit Materials Inc stock.
You can see the complete history of Mr. Lance stock trades at the bottom of the page.
Howard Lee Lance is Independent Chairman of the Board of Summit Materials, Inc. Howard L. Lance is the former President and Chief Executive Officer of Maxar Technologies Inc. and its predecessor MacDonald, Dettwiler and Associates Ltd., a global communications and information company, a position he held from May 2016 until January 2019. He was President and Chief Executive Officer, Maxar Technologies Inc. (May 2016-January 2019). He was Executive Advisor to The Blackstone Group L.P. (2012-April 2016). He served as President & CEO, Harris Corporation (2003-2011). He holds BS in Industrial Engineering, Bradley University and MS in Management from the Krannert School of Management at Purdue University. Before joining Harris Corporation, Mr. Lance was co-president of NCR Corporation and Chief Operating Officer of its Retail and Financial Group. Previously, he spent 17 years with Emerson Electric Co., where he held senior management positions including Executive Vice President of its Electronics and Telecommunications segment, Chief Executive Officer and director of its Astec electronics subsidiary in Hong Kong, Group Vice President of its Climate Technologies segment and President of its Copeland Refrigeration division.
As the Independent Chairman of the Board of Summit Materials Inc, the total compensation of Howard Lance at Summit Materials Inc is $388,431. There are 7 executives at Summit Materials Inc getting paid more, with Thomas W. Hill B.A., MBA having the highest compensation of $2,590,879.
Howard Lance is 63, he's been the Independent Chairman of the Board of Summit Materials Inc since 2013. There are 4 older and 12 younger executives at Summit Materials Inc. The oldest executive at Summit Materials Inc is Steven Wunning, 69, who is the Independent Director.
Howard's mailing address filed with the SEC is 50, Minuteman Road, Andover, Essex County, Massachusetts, United States.
Over the last 10 years, insiders at Summit Materials Inc have traded over $2,493,436,186 worth of Summit Materials Inc stock and bought 242,752 units worth $4,181,163 . The most active insiders traders include Holdings Ii L.P.Blackstone ..., Capital Partners (Delaware)... und Ted A Gardner. On average, Summit Materials Inc executives and independent directors trade stock every 14 days with the average trade being worth of $17,876,666. The most recent stock trade was executed by Jason Kilgore on 13 May 2024, trading 50,589 units of SUM stock currently worth $910,602.
summit materials is a leading aggregates based construction materials company that supplies aggregates, cement, ready-mixed concrete and asphalt, and provides paving and other services. we are committed to promoting the success of our businesses by offering a safe place to work and implementing best practices, while striving to exceed our environmental and social responsibilities. summit materials was formed by its ceo tom hill and a small group of investors, including blackstone capital partners (an affiliate of the blackstone group) and silverhawk capital partners. summit materials completed its first acquisition in late 2009 and since then has closed on more than 30 acquisitions, which are organized into ten operating companies in three geographic regions across the united states and western canada. further information is available at www.summit-materials.com.
Summit Materials Inc executives and other stock owners filed with the SEC include: