Last updated: 13 October 2022 at 11:09am EST

Edward McNamara Net Worth




The estimated Net Worth of Edward Mc Namara is at least $2.19 Million dollars as of 16 June 2022. Mr. Namara owns over 34,525 units of Covetrus stock worth over $667,629 and over the last 4 years he sold CVET stock worth over $1,212,407. In addition, he makes $308,150 as Independent Director at Covetrus.

Mr. McNamara CVET stock SEC Form 4 insiders trading

Edward has made over 5 trades of the Covetrus stock since 2020, according to the Form 4 filled with the SEC. Most recently he sold 34,525 units of CVET stock worth $708,453 on 16 June 2022.

The largest trade he's ever made was selling 34,525 units of Covetrus stock on 16 June 2022 worth over $708,453. On average, Edward trades about 10,291 units every 84 days since 2020. As of 16 June 2022 he still owns at least 31,807 units of Covetrus stock.

You can see the complete history of Mr. Namara stock trades at the bottom of the page.





Edward McNamara biography

Edward M. McNamara is Independent Director of the Company. Prior to such appointment, Mr. McNamara served from June 2011 as a member of the Vets First Choice Board. He is the President of TeamLaunch, LLC, a venture-building company, which he cofounded in 2013. He is the Chief Financial Officer and Director of RCW Inc. (dba M.Gemi), a luxury product company founded by TeamLaunch, LLC. Other TeamLaunch private portfolio companies where Mr. McNamara serves or has served as Secretary, Treasurer or Director include Launch Kids, Inc. from December 2015 to December 2017; Follain Launch, Inc. from May 2016 to present; and Seed Leaf, LLC from December 2016 to present. Prior to founding TeamLaunch, Mr. McNamara served as an executive in residence at General Catalyst Partners from 2011 to 2013 and focused on consumer growth opportunities. Prior to that, he served as the Chief Financial Officer of Retail Convergence Inc. (dba Rue La La), a private-sale business and its predecessor Smartbargains Inc., from 2005 to 2011. Mr. McNamara served in a number of executive roles, including Chief Financial Officer, Chief Operating Officer, President, and Interim Chief Executive Officer, at two operating businesses of Cendant Corporation from 1996 to 2004, including Wright Express, Inc. and Cendant’s Travel Distribution Division. Mr. McNamara was Chairman of the Board of Wright Express Financial Services, Inc., a banking company, from 1999 to 2001. Mr. McNamara served in a number of accounting, finance, and administrative positions for Abex Inc., an aerospace manufacturing company, and its related company Fisher Scientific Corp., a biotechnology company, from 1993 to 1996. Mr. McNamara started his career with PriceWaterhouse, an accounting firm, from 1986 to 1993, in the audit and advisory group focused on public company audits and mergers and acquisitions, leaving as a manager in the audit practice. Mr. McNamara holds a B.S. from Providence College.

What is the salary of Edward McNamara?

As the Independent Director of Covetrus, the total compensation of Edward McNamara at Covetrus is $308,150. There are 10 executives at Covetrus getting paid more, with Benjamin Wolin having the highest compensation of $4,065,210.



How old is Edward McNamara?

Edward McNamara is 55, he's been the Independent Director of Covetrus since 2019. There are 10 older and 14 younger executives at Covetrus. The oldest executive at Covetrus, Inc. is Philip Laskawy, 78, who is the Independent Chairman of the Board.

What's Edward McNamara's mailing address?

Edward's mailing address filed with the SEC is 7, Custom House Street, India Street, Portland, Cumberland County, Maine, 04101, United States.

Insiders trading at Covetrus

Over the last 5 years, insiders at Covetrus have traded over $10,243,394 worth of Covetrus stock and bought 11,744 units worth $216,180 . The most active insiders traders include Steven Paladino, Benjamin Wolin, and Philip A Laskawy. On average, Covetrus executives and independent directors trade stock every 10 days with the average trade being worth of $268,798. The most recent stock trade was executed by Rebecca Ann Kidd on 1 October 2022, trading 1,232 units of CVET stock currently worth $25,860.



What does Covetrus do?

Covetrus, Inc., together with its subsidiaries, operates as an animal-health technology and services company. It engages in the sale of animal-health consumable products, including proprietary and Covetrus branded products, small equipment, laboratory products, large equipment, equipment repair services, branded and generic pharmaceuticals, vaccines, surgical products, diagnostic tests, infection-control products, parasiticides, and vitamins and supplements to wholesale and retail customers. The company also offers value-added solutions that include, inventory management and e-commerce, as well as continuing education services for practitioners. In addition, it provides practice management software systems for veterinary practitioners and animal-health clinics, client communication services, reminders, data backup services, and hardware sales and support services. Further, the company engages in the distribution of finished goods pharmacy and specialty pharmaceutical compounding products, as well as shipping, manufacturer incentives, service fees, and data integration and support services. It serves animal-health and veterinary practices, and clinics in the companion-animal and equine markets primarily in North America, Europe, and the Asia Pacific. The company was formerly known as HS Spinco, Inc. Covetrus, Inc. was incorporated in 2018 and is headquartered in Portland, Maine.



What does Covetrus's logo look like?

Covetrus, Inc. logo

Complete history of Mr. Namara stock trades at Covetrus

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
16 Jun 2022 Edward Mc Namara
Director
Sale 34,525 $20.52 $708,453
16 Jun 2022
31,807
11 May 2022 Edward Mc Namara
Director
Option 7,718 $14.23 $109,827
11 May 2022
66,332
13 May 2021 Edward Mc Namara
Director
Option 24,089 $25.25 $608,247
13 May 2021
58,614
10 Mar 2021 Edward Mc Namara
Director
Sale 6,288 $32.34 $203,354
10 Mar 2021
34,525
21 May 2020 Edward Mc Namara
Director
Sale 20,000 $15.03 $300,600
21 May 2020
41,792


Covetrus executives and stock owners

Covetrus executives and other stock owners filed with the SEC include: