The estimated Net Worth of Neil S Novich is at least $27.6 Million dollars as of 15 May 2024. Mr. Novich owns over 2,053 units of W.W. Grainger stock worth over $27,330,953 and over the last 21 years he sold GWW stock worth over $0. In addition, he makes $254,975 as Independent Director at W.W. Grainger.
Neil has made over 25 trades of the W.W. Grainger stock since 2006, according to the Form 4 filled with the SEC. Most recently he exercised 2,053 units of GWW stock worth $2,029,678 on 15 May 2024.
The largest trade he's ever made was exercising 27,450 units of W.W. Grainger stock on 22 February 2019 worth over $1,168,821. On average, Neil trades about 607 units every 26 days since 2003. As of 15 May 2024 he still owns at least 27,645 units of W.W. Grainger stock.
You can see the complete history of Mr. Novich stock trades at the bottom of the page.
Neil S. Novich is Independent Director of the company. Mr. Novich served as the Chairman of the Board, President and Chief Executive Officer of a global public company where he was deeply engaged in its distribution operations on a domestic and international basis, and also on leadership development and human resources functions. He also spent 13 years with a major management consulting firm, where he was a partner and led the firm's Distribution and Logistics Practice. As a result, Mr. Novich has in-depth operational experience in supply chain, distribution and logistics and experience in developing strategy across a variety of industries. Mr. Novich also has extensive experience in corporate governance matters and serves as a director of other publicly traded companies with additional responsibilities, including one audit committee chairmanship, one compensation committee chairmanship, and service on various board committees. Mr. Novich is an audit committee financial expert for purposes of the SEC's rules. Mr. Novich is a trustee of the Field Museum of Natural History and a Member of the Dean's Council to the Physical Sciences Division of the University of Chicago.
As the Independent Director of W.W. Grainger, the total compensation of Neil Novich at W.W. Grainger is $254,975. There are 11 executives at W.W. Grainger getting paid more, with Donald Macpherson having the highest compensation of $7,665,130.
Neil Novich is 66, he's been the Independent Director of W.W. Grainger since 1999. There are 4 older and 19 younger executives at W.W. Grainger. The oldest executive at W.W. Grainger Inc. is Brian Anderson, 69, who is the Independent Director.
Neil's mailing address filed with the SEC is 100 GRAINGER PARKWAY, , LAKE FOREST, IL, 60045.
Over the last 22 years, insiders at W.W. Grainger have traded over $198,327,079 worth of W.W. Grainger stock and bought 43,695 units worth $2,830,887 . The most active insiders traders include Harold B Smith, Christopher J Klein, and Ernest Scott Santi. On average, W.W. Grainger executives and independent directors trade stock every 22 days with the average trade being worth of $11,470,201. The most recent stock trade was executed by Matt Fortin on 20 June 2024, trading 511 units of GWW stock currently worth $467,667.
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W.W. Grainger executives and other stock owners filed with the SEC include: