Philip D. Fracassa
Net Worth
Last updated:
What is Philip D. Fracassa net worth?
The estimated net worth of Mr. Philip D. Fracassa is at least $25,844,024 as of 6 May 2024. He owns shares worth $7,982,066 as insider, has earned $8,771,958 from insider trading and has received compensation worth at least $9,090,000 in The Timken Company.
What is the salary of Philip D. Fracassa?
Mr. Philip D. Fracassa salary is $1,010,000 per year as Executive Vice President, Chief Financial Officer & Principal Accounting Officer in The Timken Company.
How old is Philip D. Fracassa?
Mr. Philip D. Fracassa is 57 years old, born in 1968.
What stocks does Philip D. Fracassa currently own?
As insider, Mr. Philip D. Fracassa owns shares in one company:
Company | Title | Shares | Price per share | Total value |
---|---|---|---|---|
The Timken Company (TKR) | Executive Vice President, Chief Financial Officer & Principal Accounting Officer | 105,541 | $75.63 | $7,982,066 |
What does The Timken Company do?
The Timken Company designs, manufactures, and manages engineered bearings and power transmission products worldwide. It operates in two segments, Mobile Industries and Process Industries. The Mobile Industries segment offers a portfolio of bearings, seals, and lubrication devices and systems, as well as power transmission components, engineered chains, augers, belts, couplings, clutches, brakes, and related products and maintenance services to original equipment manufacturers (OEMs) and end-users of off-highway equipment for the agricultural, construction, mining, outdoor power equipment, and power sports markets; and on-highway vehicles, including passenger cars, light trucks, and medium- and heavy-duty trucks, as well as rail cars and locomotives. It also provides power transmission systems and flight-critical components for civil and military aircraft, which include bearings, rotor-head assemblies, helicopter transmission systems, turbine engine components, gears, and housings. This segment sells its parts through a network of authorized automotive and heavy-truck distributors to individual end-users, equipment owners, operators, and maintenance shops. The Process Industries segment provides industrial bearings and assemblies; power transmission components, such as gears and gearboxes; and linear motion products, couplings, seals, lubricants, chains, belts, and related products and services to OEMs and end-users in various industries. It also offers aftermarket sales and service needs through a network of authorized industrial distributors; and repair and service for bearings and gearboxes, as well as electric motor rewind, repair, and services to end-users. The company offers its products under the Timken, Philadelphia Gear, Drives, Cone Drive, Rollon, Lovejoy, Diamond, BEKA, and Groeneveld brands. The Timken Company was founded in 1899 and is headquartered in North Canton, Ohio.
Philip D. Fracassa insider trading
The Timken Company
Mr. Philip D. Fracassa has made 27 insider trades between 2016-2024, according to the Form 4 filled with the SEC. Most recently he sold 10,000 units of TKR stock worth $897,600 on 6 May 2024.
The largest trade he's ever made was exercising 24,825 units of TKR stock on 17 Feb 2023. As of 6 May 2024 he still owns at least 105,541 units of TKR stock.
The Timken Company key executives
The Timken Company executives and other stock owners filed with the SEC:
- Mr. Christopher A. Coughlin (64) Executive Vice President & Group Pres
- Mr. Philip D. Fracassa (57) Executive Vice President, Chief Financial Officer & Principal Accounting Officer
- Mr. Richard G. Kyle (59) Pres, Chief Executive Officer & Director