The estimated Net Worth of Michael J. De Marco is at least $2.71 Million dollars as of 31 May 2022. Mr. Marco owns over 61,845 units of Intelsat SA stock worth over $45,836 and over the last 14 years he sold I stock worth over $103,000. In addition, he makes $2,556,380 as Executive Vice President and Chief Services Officer at Intelsat SA.
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Mr. DeMarco I stock SEC Form 4 insiders trading
Michael has made over 7 trades of the Intelsat SA stock since 2018, according to the Form 4 filled with the SEC. Most recently he exercised 61,845 units of I stock worth $24,120 on 31 May 2022.
The largest trade he's ever made was selling 100,000 units of Intelsat SA stock on 17 December 2021 worth over $103,000. On average, Michael trades about 9,585 units every 39 days since 2010. As of 31 May 2022 he still owns at least 117,527 units of Intelsat SA stock.
You can see the complete history of Mr. Marco stock trades at the bottom of the page.
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Michael DeMarco biography
Michael J. DeMarco CPA serves as Executive Vice President, Chief Services Officer of the Company., the subsidiary of Intelsat S.A. since August 2017. Prior to that, Mr. DeMarco served as Senior Vice President, Operations since April 2015, and prior to that as Senior Vice President, Product and Asset Management, with responsibility for product management, marketing, customer solutions engineering and asset management functions. From 2006 to 2009 he served as Intelsat US LLC’s Vice President of Media Services and has held roles of increasing responsibility within the Company, serving as Vice President of Core Video Services, Senior Director of Business Operations, and Director of Product Finance at PanAmSat prior to its 2006 merger with Intelsat. Since November 2017, he has also served as director of Dejero Labs, Inc., a provider of connectivity required for cloud computing, online collaborations, and the secure exchange of video and data. Mr. DeMarco earned a Bachelor of Science Degree in Finance and a Masters of Business Administration from Fairfield University in Connecticut. Mr. DeMarco’s business address is 7900 Tysons One Place, McLean, VA 22102, United States.
What is the salary of Michael DeMarco?
As the Executive Vice President and Chief Services Officer of Intelsat SA, the total compensation of Michael DeMarco at Intelsat SA is $2,556,380. There are 3 executives at Intelsat SA getting paid more, with Stephen Spengler having the highest compensation of $7,186,700.
How old is Michael DeMarco?
Michael DeMarco is 49, he's been the Executive Vice President and Chief Services Officer of Intelsat SA since 2019. There are 9 older and 1 younger executives at Intelsat SA. The oldest executive at Intelsat SA is Edward Kangas, 75, who is the Independent Director.
What's Michael DeMarco's mailing address?
Michael's mailing address filed with the SEC is C/O PENN. REAL ESTATE INVESTMENT TRUST, 2005 MARKET STREET, SUITE 1000, PHILADELPHIA, PA, 19103.
Insiders trading at Intelsat SA
Over the last 5 years, insiders at Intelsat SA have traded over $0 worth of Intelsat SA stock. The most active insiders traders include Michael J. De Marco, Stephen Spengler, and Michelle Bryan. On average, Intelsat SA executives and independent directors trade stock every 10 days with the average trade being worth of $17,359. The most recent stock trade was executed by Stephen J. Bacica on 1 April 2020, trading 6,000 units of I stock currently worth $2,340.
What does Intelsat SA do?
Intelsat SA provides satellite services business, which provides a layer in the global communications infrastructure. It offers communication services to media companies, fixed and wireless telecommunications operators, data networking service providers for enterprise and mobile applications, multinational corporations and ISPs. The company also provides commercial satellite capacity to the U.S. government and other select military organizations and their contractors. Intelsat was founded on August 20, 1964 and is headquartered in Luxembourg.
What does Intelsat SA's logo look like?
Complete history of Mr. Marco stock trades at Intelsat SA, Mack-Cali Realty, Pennsylvania Real Estate Investment Trust, and Vornado Realty Trust
Intelsat SA executives and stock owners
Intelsat SA executives and other stock owners filed with the SEC include:
-
Stephen Spengler,
Chief Executive Officer, Director -
David Tolley,
Chief Financial Officer, Executive Vice President -
Michelle Bryan,
Executive Vice President, Chief Administrative Officer, General Counsel, Secretary -
Michael DeMarco,
Executive Vice President, Chief Services Officer -
Samer Halawi,
Executive Vice President & Chief Commercial Officer, Intelsat US LLC -
P David,
Non-Executive Chairman of the Board -
Edward Kangas,
Independent Director -
John Diercksen,
Independent Director -
Robert Callahan,
Independent Director -
Ellen Pawlikowski,
Independent Director -
Dianne Van Beber,
VP, Investor Relations And Communications -
Raymond Svider,
Director -
Justin Bateman,
Director -
Stephen J. Bacica,
VP & Controller