Walter D. Bay
Net Worth
Last updated:
What is Walter D. Bay net worth?
The estimated net worth of Mr. Walter D. Bay is at least $65,981,076 as of 30 Jul 2024. He owns shares worth $9,087,727 as insider, has earned $23,573,349 from insider trading and has received compensation worth at least $33,320,000 in Arthur J. Gallagher & Co..
What is the salary of Walter D. Bay?
Mr. Walter D. Bay salary is $2,380,000 per year as Corporation Vice President, Gen. Counsel & Sec. in Arthur J. Gallagher & Co..
How old is Walter D. Bay?
Mr. Walter D. Bay is 62 years old, born in 1963.
What stocks does Walter D. Bay currently own?
As insider, Mr. Walter D. Bay owns shares in one company:
Company | Title | Shares | Price per share | Total value |
---|---|---|---|---|
Arthur J. Gallagher & Co. (AJG) | Corporation Vice President, Gen. Counsel & Sec. | 30,053 | $302.39 | $9,087,727 |
What does Arthur J. Gallagher & Co. do?
Arthur J. Gallagher & Co., together with its subsidiaries, provides insurance brokerage, consulting, third-party claims settlement, and administration services in the United States, Australia, Bermuda, Canada, the Caribbean, New Zealand, India, and the United Kingdom. It operates through Brokerage and Risk Management segments. The Brokerage segment consists of retail and wholesale insurance brokerage operations; assists retail brokers and other non-affiliated brokers in the placement of specialized and hard-to-place insurance; acts as a brokerage wholesaler, managing general agent, and managing general underwriter for distributing specialized insurance coverage's to underwriting enterprises. This segment also performs activities, including marketing, underwriting, issuing policies, collecting premiums, appointing and supervising other agents, paying claims, and negotiating reinsurance; and offers brokerage and consulting services to businesses and organizations, including commercial, not-for-profit, and public entities, as well as individuals in the areas of insurance placement, risk of loss management, and management of employer sponsored benefit programs. The Risk Management segment provides contract claim settlement and administration services to enterprises and public entities; and claims management, loss control consulting, and insurance property appraisal services. The company offers its services through a network of correspondent insurance brokers and consultants. It serves commercial, industrial, public, religious, and not-for-profit entities. The company was incorporated in 1927 and is headquartered in Rolling Meadows, Illinois.
Walter D. Bay insider trading
Arthur J. Gallagher & Co.
Mr. Walter D. Bay has made 28 insider trades between 2011-2024, according to the Form 4 filled with the SEC. Most recently he sold 6,335 units of AJG stock worth $1,799,533 on 30 Jul 2024.
The largest trade he's ever made was exercising 53,300 units of AJG stock on 16 Dec 2019. As of 30 Jul 2024 he still owns at least 30,053 units of AJG stock.
Arthur J. Gallagher & key executives
Arthur J. Gallagher & Co. executives and other stock owners filed with the SEC:
- Mr. Douglas K. Howell (63) Corporation Vice President & Chief Financial Officer
- Mr. J. Patrick Gallagher Jr. (73) Chairman, Pres & Chief Executive Officer
- Mr. Scott R. Hudson (63) Corporation Vice President & Pres of Risk Management Operation
- Mr. Thomas Joseph Gallagher (66) Corporation Vice President and Pres of Global Property & Casualty Brokerage Operation
- Mr. Walter D. Bay (62) Corporation Vice President, Gen. Counsel & Sec.