Last updated: 1 May 2024 at 4:45pm EST

Lourenco Goncalves Net Worth




The estimated Net Worth of Lourenco Goncalves is at least $46.8 Million dollars as of 1 May 2024. Mr. Goncalves owns over 60,000 units of Cleveland-Cliffs Inc stock worth over $30,708,661 and over the last 10 years he sold CLF stock worth over $0. In addition, he makes $16,066,100 as Chairman of the Board, President, and Chief Executive Officer at Cleveland-Cliffs Inc.

Mr. Goncalves CLF stock SEC Form 4 insiders trading

Lourenco has made over 15 trades of the Cleveland-Cliffs Inc stock since 2015, according to the Form 4 filled with the SEC. Most recently he bought 60,000 units of CLF stock worth $1,005,600 on 1 May 2024.

The largest trade he's ever made was exercising 250,000 units of Cleveland-Cliffs Inc stock on 20 August 2021 worth over $3,457,500. On average, Lourenco trades about 45,055 units every 86 days since 2014. As of 1 May 2024 he still owns at least 2,759,089 units of Cleveland-Cliffs Inc stock.

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





Lourenco Goncalves biography

Lourenco Goncalves serves as Chairman of the Board, President, Chief Executive Officer of the Company. Mr. Goncalves was Chairman, President and Chief Executive Officer of Metals USA Holdings Corp., an American manufacturer and processor of steel and other metals from May 2006 through April 2013; President, Chief Executive Officer and a director of Metals USA Inc. from February 2003 through April 2006. Prior to Metals USA, Mr. Goncalves served as President and Chief Executive Officer of California Steel Industries, Inc. from March 1998 to February 2003. Mr. Goncalves earned a Bachelor's degree in Metallurgical Engineering from the Military Institute of Engineering in Rio de Janeiro, Brazil and a Masters of Science degree in Metallurgical Engineering from the Federal University of Minas Gerais in Belo Horizonte, Brazil. Mr. Goncalves was most recently recognized as a Distinguished Member and Fellow by the Association for Iron & Steel Technology.

What is the salary of Lourenco Goncalves?

As the Chairman of the Board, President, and Chief Executive Officer of Cleveland-Cliffs Inc, the total compensation of Lourenco Goncalves at Cleveland-Cliffs Inc is $16,066,100. There are no executives at Cleveland-Cliffs Inc getting paid more.



How old is Lourenco Goncalves?

Lourenco Goncalves is 62, he's been the Chairman of the Board, President, and Chief Executive Officer of Cleveland-Cliffs Inc since 2014. There are 7 older and 19 younger executives at Cleveland-Cliffs Inc. The oldest executive at Cleveland-Cliffs Inc is John Baldwin, 69, who is the Independent Director.

What's Lourenco Goncalves's mailing address?

Lourenco's mailing address filed with the SEC is 200 PUBLIC SQUARE, SUITE 3300, CLEVELAND, OH, 44114-2315.

Insiders trading at Cleveland-Cliffs Inc

Over the last 22 years, insiders at Cleveland-Cliffs Inc have traded over $913,174,860 worth of Cleveland-Cliffs Inc stock and bought 7,469,412 units worth $585,418,914 . The most active insiders traders include North America Holdings Llc ..., Douglas C Taylor, and Capital Partners Master Fun.... On average, Cleveland-Cliffs Inc executives and independent directors trade stock every 20 days with the average trade being worth of $2,079,218. The most recent stock trade was executed by John T Baldwin on 1 August 2024, trading 8,000 units of CLF stock currently worth $116,240.



What does Cleveland-Cliffs Inc do?

arcelormittal usa is part of arcelormittal, the world’s leading steel and mining company. guided by a philosophy to produce safe, sustainable steel, we are a leading supplier of quality steel products in major north american markets including automotive, construction, pipe and tube, appliance, container and machinery. arcelormittal usa employs more than 20,000 people at 27 operations across 13 of the united states. we aim to give our employees every chance to flourish in their careers and grow as part of a global company. we offer a wealth of diverse opportunities. whether you work in production in pennsylvania or as a purchaser in indiana, joining arcelormittal is the start of a journey that, we hope, will lead to a rewarding career. we are always looking for the best and brightest minds to help us transform the future of steel.



Complete history of Mr. Goncalves stock trades at Cleveland-Cliffs Inc

Insider
Trans.
Transaction
Total value
Lourenco Goncalves
Chairman, President, and CEO
Buy $1,005,600
1 May 2024
Lourenco Goncalves
Chairman, President, and CEO
Option $1,440,947
6 Mar 2024
Lourenco Goncalves
Chairman, President, and CEO
Buy $1,496,000
27 Apr 2023
Lourenco Goncalves
Chairman, President, and CEO
Buy $988,500
1 Dec 2021
Lourenco Goncalves
Chairman, President, and CEO
Option $3,457,500
20 Aug 2021
Lourenco Goncalves
Chairman, President, and CEO
Buy $898,000
11 Mar 2020
Lourenco Goncalves
Chairman, President, and CEO
Buy $93,600
10 Jun 2019
Lourenco Goncalves
Chairman, President, and CEO
Buy $711,000
15 Sep 2017
Lourenco Goncalves
Chairman, President, and CEO
Buy $719,000
10 Aug 2017
Lourenco Goncalves
Chairman, President, and CEO
Buy $1,262,000
3 May 2017
Lourenco Goncalves
Chairman, President, and CEO
Buy $304,000
9 May 2016
Lourenco Goncalves
Chairman, President, and CEO
Buy $304,000
9 May 2016
Lourenco Goncalves
Chairman, President, and CEO
Buy $549,392
26 May 2015
Lourenco Goncalves
Chairman, President, and CEO
Buy $459,260
21 May 2015
Lourenco Goncalves
Chairman, President, and CEO
Buy $650,000
4 Mar 2015


Cleveland-Cliffs Inc executives and stock owners

Cleveland-Cliffs Inc executives and other stock owners filed with the SEC include: