Last updated: 20 August 2024 at 4:42pm EST

Alvaro Garcia-Tunon Net Worth




The estimated Net Worth of Tunon Alvaro Garcia is at least $20.3 Million dollars as of 3 May 2023. Mr. Garcia owns over 40,218 units of Matthews International stock worth over $925,014 and over the last 21 years he sold MATW stock worth over $19,122,194. In addition, he makes $225,000 as Independent Director at Matthews International.

Mr. Tunon MATW stock SEC Form 4 insiders trading

Alvaro has made over 22 trades of the Matthews International stock since 2004, according to the Form 4 filled with the SEC. Most recently he exercised 40,218 units of MATW stock worth $925,014 on 3 May 2023.

The largest trade he's ever made was exercising 79,500 units of Matthews International stock on 12 August 2013 worth over $1,303,005. On average, Alvaro trades about 3,532 units every 53 days since 2004. As of 3 May 2023 he still owns at least 40,218 units of Matthews International stock.

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





Alvaro Garcia-Tunon biography

Alvaro Garcia-Tunon JD. is Independent Director of Matthews International Corporation. Mr. Garcia-Tunon retired as the Chief Financial Officer of Wabtec Corporation, a provider of products and services for the global rail industry, effective January 1, 2014. He continued to work with Wabtec as a strategic advisor through December 2017. Mr. Garcia-Tunon was named Executive Vice President and Chief Financial Officer for Wabtec in February 2012. Prior to that, he was Executive Vice President, Chief Financial Officer and Secretary of Wabtec since December 2010. Prior thereto, he served as Senior Vice President, Chief Financial Officer and Secretary of Wabtec since 2003. Having served as the Chief Financial Officer of a public company with global operations, Mr. Garcia-Tunon has leadership skills in international business, corporate governance and risk management. As a Certified Public Accountant, he also provides the Board and the Audit Committee, of which he is a Chairman, the strong financial and accounting skills required to be considered a financial expert. Mr. Garcia-Tunon is also Chairman of the Special Committee and is a member of the Executive and Compensation Committees. Mr. Garcia-Tunon currently is serving on the board of directors and audit committee of Allison Transmission Holdings, Inc., a global provider of commercial-duty automatic transmissions and hybrid propulsion systems. Mr. Garcia-Tunon graduated from the College of William and Mary with a Juris Doctor degree and is a graduate of the University of Virginia with a Bachelor of Science degree in Commerce and Accounting.

What is the salary of Alvaro Tunon?

As the Independent Director of Matthews International, the total compensation of Alvaro Tunon at Matthews International is $225,000. There are 13 executives at Matthews International getting paid more, with Joseph Bartolacci having the highest compensation of $6,919,530.



How old is Alvaro Tunon?

Alvaro Tunon is 67, he's been the Independent Director of Matthews International since 2009. There are 2 older and 23 younger executives at Matthews International. The oldest executive at Matthews International Corp. is John Turner, 73, who is the Non-Executive Independent Chairman of the Board.

What's Alvaro Tunon's mailing address?

Tunon's mailing address filed with the SEC is TWO NORTHSHORE CENTER, , PITTSBURGH, PA, 15212.

Insiders trading at Matthews International

Over the last 22 years, insiders at Matthews International have traded over $18,214,914 worth of Matthews International stock and bought 72,655 units worth $3,328,148 . The most active insiders traders include Joseph C Bartolacci, Tunon Alvaro Garcia, and David A Schawk. On average, Matthews International executives and independent directors trade stock every 31 days with the average trade being worth of $242,788. The most recent stock trade was executed by Lee Lane on 31 May 2024, trading 2,031 units of MATW stock currently worth $46,713.



What does Matthews International do?

matthews international corporation has become a leader in the industries we serve by adhering to our belief that continuous quality improvement is paramount in every aspect of our business. in 2016, matthews achieved more than $1.4 billion in sales. today, the company is divided into three distinct business segments: brand solutions, memorialization and industrial. it boasts more than 10,000 employees on six continents in more than 100 locations. matthews brand solutions services consumer products by managing brand standards across all packaging components. most recently, matthews acquired sgk, a leading brand development, activation and deployment company that drives brand performance across 20+ countries. matthews has been a leader in the memorialization industry for more than a century and a half. we serve cemeteries and funeral homes with a full range of products and services. like all other businesses, our memorialization workforce takes great pride servicing our customers with un



What does Matthews International's logo look like?

Matthews International Corp. logo

Complete history of Mr. Garcia stock trades at Matthews International, Allison Transmission Inc, MSA Safety Inc, and Westinghouse Air Brake Technologies Corp

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
3 May 2023 Tunon Alvaro Garcia
Director
Option 40,218 $47.47 $1,909,148
3 May 2023
40,218
28 Feb 2020 Tunon Alvaro Garcia
Director
Buy 2,500 $29.00 $72,500
28 Feb 2020
27,259
7 May 2018 Tunon Alvaro Garcia
Director
Buy 2,000 $50.00 $100,000
7 May 2018
24,759
5 Feb 2018 Tunon Alvaro Garcia
Director
Buy 1,000 $52.00 $52,000
5 Feb 2018
22,759
3 Feb 2016 Tunon Alvaro Garcia
Director
Buy 2,500 $47.00 $117,500
3 Feb 2016
19,513
18 Nov 2013 Tunon Alvaro Garcia
Sr. VP and CFO
Sale 1,824 $68.11 $124,233
18 Nov 2013
41,270
14 Nov 2013 Tunon Alvaro Garcia
Sr. VP and CFO
Sale 28,000 $66.79 $1,870,120
14 Nov 2013
43,094
4 Nov 2013 Tunon Alvaro Garcia
Sr. VP and CFO
Option 9,340 $30.52 $285,057
4 Nov 2013
58,434
12 Aug 2013 Tunon Alvaro Garcia
Sr. VP and CFO
Option 79,500 $16.39 $1,303,005
12 Aug 2013
128,594
22 May 2013 Tunon Alvaro Garcia
Sr. VP and CFO
Sale 15,000 $110.36 $1,655,400
22 May 2013
11,000
21 May 2013 Tunon Alvaro Garcia
Sr. VP and CFO
Sale 14,890 $110.26 $1,641,771
21 May 2013
24,547
27 Feb 2013 Tunon Alvaro Garcia
Sr. VP and CFO
Sale 24,000 $98.16 $2,355,840
27 Feb 2013
39,437
22 Feb 2013 Tunon Alvaro Garcia
Sr. VP and CFO
Sale 30,000 $97.49 $2,924,700
22 Feb 2013
26,000
29 Apr 2011 Tunon Alvaro Garcia
Sr. VP and CFO
Sale 73,584 $71.20 $5,239,181
29 Apr 2011
77,152
10 Mar 2010 Tunon Alvaro Garcia
Sr. VP and CFO
Sale 8,232 $41.15 $338,747
10 Mar 2010
75,627
11 Mar 2009 Tunon Alvaro Garcia
Sr. VP and CFO
Sale 5,000 $24.51 $122,550
11 Mar 2009
37,627
12 Mar 2008 Tunon Alvaro Garcia
Sr. VP and CFO
Sale 6,971 $34.30 $239,105
12 Mar 2008
32,627
6 Mar 2007 Tunon Alvaro Garcia
Sr. VP and CFO
Sale 9,371 $31.01 $290,595
6 Mar 2007
17,112
28 Apr 2006 Tunon Alvaro Garcia
Sr. VP and CFO
Sale 31,833 $36.69 $1,167,953
28 Apr 2006
7,741
14 Nov 2005 Tunon Alvaro Garcia
Sr. VP and CFO
Option 833 $20.00 $16,660
14 Nov 2005
18,574
26 Oct 2004 Tunon Alvaro Garcia
Sr. VP and CFO
Sale 60,000 $19.20 $1,152,000
26 Oct 2004
17,109
28 Oct 2013 Tunon Alvaro Garcia
Director
Buy 2,000 $47.50 $95,000
28 Oct 2013
3,037


Matthews International executives and stock owners

Matthews International executives and other stock owners filed with the SEC include: