Daniel Drees
Net Worth
Last updated:
What is Daniel Drees net worth?
The estimated net worth of Mr. Daniel Drees is at least $10,450,143 as of 15 Nov 2024. He owns shares worth $7,469,976 as insider, has earned $1,247,727 from insider trading and has received compensation worth at least $1,732,440 in AvidXchange Holdings, Inc..
What is the salary of Daniel Drees?
Mr. Daniel Drees salary is $577,480 per year as Chief Growth Officer & Senior Vice President in AvidXchange Holdings, Inc..
How old is Daniel Drees?
Mr. Daniel Drees is 57 years old, born in 1968.
What stocks does Daniel Drees currently own?
As insider, Mr. Daniel Drees owns shares in one company:
Company | Title | Shares | Price per share | Total value |
---|---|---|---|---|
AvidXchange Holdings, Inc. (AVDX) | Chief Growth Officer & Senior Vice President | 754,543 | $9.9 | $7,469,976 |
What does AvidXchange Holdings, Inc. do?
AvidXchange Holdings, Inc. provides accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers in North America. The company offers AP automation software, a SaaS-based solution that automates and digitizes capture, review, approval, and payment of invoices for buyers; the AvidPay network that connects two-sided payments with buyers and suppliers; and cash flow manager that provides cash management solutions. Its platform offers electronic invoice capture, workflow routing, and automated payments solutions. The company markets its solutions through direct salesforces; strategic channel partnerships; and software and technology business partners. It serves real estate, homeowners associations, construction, financial services, healthcare facilities, social services, education, and media sectors. The company was incorporated in 2000 and is headquartered in Charlotte, North Carolina.
Daniel Drees insider trading
AvidXchange Holdings, Inc.
Mr. Daniel Drees has made 32 insider trades between 2022-2024, according to the Form 4 filled with the SEC.
The largest trade he's ever made was exercising 20,771 units of AVDX stock on 13 Jul 2023. As of 15 Nov 2024 he still owns at least 754,543 units of AVDX stock.
AvidXchange Holdings key executives
AvidXchange Holdings, Inc. executives and other stock owners filed with the SEC:
- Mr. Daniel Drees (57) Chief Growth Officer & Senior Vice President
- Mr. Joel Wilhite (55) Senior Vice President & Chief Financial Officer
- Mr. Michael Praeger (60) Co-Founder, Chairman, Pres & Chief Executive Officer