The estimated Net Worth of Paul J Cormier is at least $31.5 Million dollars as of 8 October 2021. Mr. Cormier owns over 14,521 units of Cloudera Inc stock worth over $3,839,871 and over the last 17 years he sold CLDR stock worth over $27,325,797. In addition, he makes $285,002 as Independent Director at Cloudera Inc.
Paul has made over 20 trades of the Cloudera Inc stock since 2011, according to the Form 4 filled with the SEC. Most recently he exercised 14,521 units of CLDR stock worth $232,191 on 8 October 2021.
The largest trade he's ever made was selling 50,107 units of Cloudera Inc stock on 1 May 2012 worth over $3,009,426. On average, Paul trades about 4,234 units every 32 days since 2007. As of 8 October 2021 he still owns at least 240,142 units of Cloudera Inc stock.
You can see the complete history of Mr. Cormier stock trades at the bottom of the page.
Paul J. Cormier serves as Independent Director of the Company. Prior to this, Mr. Cormier served on the Hortonworks board from October 2011 until it merged with us in January 2019. Mr. Cormier has served as the Chief Executive Officer and President of Red Hat, Inc., a provider of open source software solutions, since April 2020, and served as President, Products and Technologies, from April 2008 to April 2020 and as Executive Vice President, Engineering from May 2001 to April 2008. From March 1999 to May 2001, Mr. Cormier served as Senior Vice President, Research and Development at BindView Development Corporation, a network management software company. From June 1998 to March 1999, Mr. Cormier served as Chief Technology Officer for Netect Internet Software Company, a network security vendor. From January 1996 to June 1998, Mr. Cormier first served as Director of Engineering, Internet Security and Collaboration Products and then as Senior Director of Software Product Development, Internet Security Products for AltaVista Internet Software, a web portal and internet services company. Mr. Cormier served on the board of directors of SolarWinds, Inc., an IT management software provider, from July 2014 until its acquisition by Silver Lake Partners and Thoma Bravo, LLC in February 2016. Mr. Cormier holds a B.S. in business administration from Fitchburg State College and an M.S. in software development and management from the Rochester Institute of Technology.
As the Independent Director of Cloudera Inc, the total compensation of Paul Cormier at Cloudera Inc is $285,002. There are 9 executives at Cloudera Inc getting paid more, with James Frankola having the highest compensation of $8,365,100.
Paul Cormier is 63, he's been the Independent Director of Cloudera Inc since 2019. There are no older and 12 younger executives at Cloudera Inc.
Paul's mailing address filed with the SEC is C/O CLOUDERA INC., 5470 GREAT AMERICA PKWY, SANTA CLARA, CA, 95054.
Over the last 8 years, insiders at Cloudera Inc have traded over $490,498,962 worth of Cloudera Inc stock and bought 2,443,914 units worth $26,393,970 . The most active insiders traders include Carl Chigh River Limited Pa..., Carl Cicahn Partners Lpicah..., and Ping Li. On average, Cloudera Inc executives and independent directors trade stock every 9 days with the average trade being worth of $4,456,365. The most recent stock trade was executed by Robert G Bearden on 8 October 2021, trading 976,004 units of CLDR stock currently worth $15,606,304.
Cloudera, believes that data can make what is impossible today, possible tomorrow. The company empowers people to transform complex data into clear and actionable insights. Cloudera delivers an enterprise data cloud for any data, anywhere, from the Edge to AI. Powered by the relentless innovation of the open source community, Cloudera advances digital transformation for the world's largest enterprises.
Cloudera Inc executives and other stock owners filed with the SEC include: