Eugene Shcherbakov Net Worth

The estimated Net Worth of Eugene A Shcherbakov is at least $10.6 Million dollars as of 16 February 2024. Eugene Shcherbakov owns over 4,000 units of IPG Photonics Corp stock worth over $6,481,590 and over the last 17 years he sold IPGP stock worth over $290,034. In addition, he makes $3,878,070 as Chief Operating Officer, Managing Director of IPG Laser GmbH, and Senior Vice President - Europe and Director at IPG Photonics Corp.

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Eugene Shcherbakov IPGP stock SEC Form 4 insiders trading

Eugene has made over 33 trades of the IPG Photonics Corp stock since 2012, according to the Form 4 filled with the SEC. Most recently he exercised 4,000 units of IPGP stock worth $287,080 on 16 February 2024.

The largest trade he's ever made was exercising 10,149 units of IPG Photonics Corp stock on 14 February 2013 worth over $83,831. On average, Eugene trades about 1,853 units every 53 days since 2007. As of 16 February 2024 he still owns at least 102,638 units of IPG Photonics Corp stock.

You can see the complete history of Eugene Shcherbakov stock trades at the bottom of the page.

Eugene Shcherbakov biography

Dr. Eugene A. Shcherbakov Ph.D. serves as Chief Operating Officer, Managing Director of IPG Laser GmbH, Senior Vice President - Europe and Director of the Company. Dr. Scherbakov has served as Chief Operating Officer since February 2017, Managing Director of IPG Laser GmbH, our German subsidiary, since August 2000 and Senior Vice President-Europe since 2013. He served as the Technical Director of IPG Laser from 1995 to August 2000. From 1983 to 1995, Dr. Scherbakov was a senior scientist in fiber optics and head of the optical communications laboratory at the General Physics Institute, Russian Academy of Science in Moscow. Dr. Scherbakov graduated from the Moscow Physics and Technology Institute with an M.S. in Physics. In addition, Dr. Scherbakov attended the Russian Academy of Science in Moscow, where he received a Ph.D. in Quantum Electronics from its Lebedev Physics Institute and a Dr.Sci. degree in Laser Physics from its General Physics Institute. Dr. Scherbakov has extensive knowledge of the Company’s business as Managing Director of IPG Laser GmbH, which produces a large volume of our products and is the source of many developments in products, technology and applications. He applies his knowledge and experience across our many international branches. The leadership and operational expertise of Dr. Scherbakov have contributed to IPG increasing production, lowering manufacturing costs, managing risk and maintaining high margins compared to our industry peers. He also has extensive technological knowledge of fiber lasers, their components and manufacturing processes. His service as an executive officer of the Company provides the Board with a detailed understanding of the Company’s operations, sales and customers.

What is the salary of Eugene Shcherbakov?

As the Chief Operating Officer, Managing Director of IPG Laser GmbH, and Senior Vice President - Europe and Director of IPG Photonics Corp, the total compensation of Eugene Shcherbakov at IPG Photonics Corp is $3,878,070. There are no executives at IPG Photonics Corp getting paid more.

How old is Eugene Shcherbakov?

Eugene Shcherbakov is 72, he's been the Chief Operating Officer, Managing Director of IPG Laser GmbH, and Senior Vice President - Europe and Director of IPG Photonics Corp since 2017. There are 2 older and 19 younger executives at IPG Photonics Corp. The oldest executive at IPG Photonics Corp is Valentin Gapontsev, 81, who is the Chairman of the Board, Chief Executive Officer.

What's Eugene Shcherbakov's mailing address?

Eugene's mailing address filed with the SEC is C/O IPG PHOTONICS CORPORATION, 377 SIMARANO DRIVE, MARLBOROUGH, MA, 01752.

Insiders trading at IPG Photonics Corp

Over the last 18 years, insiders at IPG Photonics Corp have traded over $241,525,468 worth of IPG Photonics Corp stock and bought 9,089 units worth $754,369 . The most active insiders traders include Associates Inc Ta, Ix Lp Ta, and Associates Ix Llc Ta. On average, IPG Photonics Corp executives and independent directors trade stock every 11 days with the average trade being worth of $542,395. The most recent stock trade was executed by Jeanmarie F. Desmond on 30 May 2024, trading 985 units of IPGP stock currently worth $83,922.

What does IPG Photonics Corp do?

IPG Photonics is an American manufacturer of fiber lasers. IPG Photonics developed and commercialized optical fiber lasers, which are used in a variety of applications including materials processing, medical applications and telecommunications.

Complete history of Eugene Shcherbakov stock trades at IPG Photonics Corp

IPG Photonics Corp executives and stock owners

IPG Photonics Corp executives and other stock owners filed with the SEC include:

• Eugene Shcherbakov,
  Chief Operating Officer, Managing Director of IPG Laser GmbH, Senior Vice President - Europe and Director
• Timothy Mammen,
  Chief Financial Officer and Senior Vice President
• Angelo Lopresti,
  General Counsel, Secretary and Senior Vice President
• Trevor Ness,
  Senior Vice President - Worldwide Sales and Marketing
• Alexander Ovtchinnikov,
  Senior Vice President - Components
• Valentin Gapontsev,
  Chairman of the Board, Chief Executive Officer
• Dr. Eugene A. Scherbakov,
  CEO & Director
• Timothy P. V. Mammen,
  Sr. VP & CFO
• Dr. Alexander Ovtchinnikov,
  Sr. VP of Components
• Angelo P. Lopresti II,
  Sr. VP, Gen. Counsel & Sec.
• Gregory Dougherty,
  Independent Director
• John Peeler,
  Independent Director
• Catherine Lego,
  Independent Director
• Thomas Seifert,
  Independent Director
• Eric Meurice,
  Independent Director
• Michael Child,
  Independent Director
• James Hillier,
  Vice President of Investor Relations
• Thomas Burgomaster,
  Chief Accounting Officer, Vice President, Controller, Principal Accounting Officer
• Igor Samartsev,
  Chief Technology Officer, Director
• Felix Stukalin,
  Senior Vice President, North America Operations
• Dr. Nikolai Platonov,
  Principal Scientist and Department Head
• John Weaver,
  VP of HR Worldwide
• Trevor D. Ness,
  Sr. VP of Worldwide Sales & Marketing
• Eugene Fedotoff,
  Director of Investor Relations
• Igor Samartsev,
  Chief Technology Officer
• Thomas J. Burgomaster,
  VP, Corp. Controller, Treasurer & Chief Accounting Officer
• Valentin P Gapontsev,
  CEO & Chairman of the Board
• Henry E Gauthier,
  Director
• William S Hurley,
  Director
• Gregory R Beecher,
  Director
• Greg Dougherty,
  Director
• William H Shiner,
  VP, Industrial Products
• Fibre Devices Ltd Ip,
  10% owner
• Robert A Blair,
  Director
• Igor Pavlova Natalia Samartsev,
  SVP, Chief ScientistChief Scientist
• George H Bu Abbud,
  Vice President
• William F Krupke,
  Director
• John H Dalton,
  Director
• Michael R Kampfe,
  Director
• Valentin P Valentin Gaponts...,
  CEO & Chairman of the BoardManaging Director of IPG Laser
• Gapontsev Trust I Shcherbak...,
  Managing Director of IPG Laser
• Associates Incta Ix Lpta As...,
  
• Ix Lp Ta,
  Director
• Associates Ix Llc Ta,
  Director
• Associates Ap Iv Lp Ta,
  Director
• Denis Gapontsev,
  Vice President
• Executives Fund Llc Ta,
  Director
• Associates Inc Ta,
  Director
• Associates Viii Llc Ta,
  Director
• Investors Llc Ta,
  Director
• / Atlantic & Pacific Iv Lp Ta,
  Director
• Advent Viii Lp Ta,
  Director
• Jeanmarie F. Desmond,
  Director
• Natalia Samartsev Igor Pavlova,
  Chief Technology OfficerChief Technology Officer
• Tang Agnes,
  Director
• Kolleen T Kennedy,
  Director
• Mark Milton Gitin,
  CEO