The estimated Net Worth of Stephen Cole is at least $3.62 Million dollars as of 15 May 2023. Mr. Cole owns over 12,000 units of Faro Technologies stock worth over $285,945 and over the last 21 years he sold FARO stock worth over $3,161,333. In addition, he makes $177,392 as Independent Director at Faro Technologies.
Stephen has made over 19 trades of the Faro Technologies stock since 2003, according to the Form 4 filled with the SEC. Most recently he bought 12,000 units of FARO stock worth $136,080 on 15 May 2023.
The largest trade he's ever made was selling 50,000 units of Faro Technologies stock on 18 July 2003 worth over $437,000. On average, Stephen trades about 3,394 units every 145 days since 2003. As of 15 May 2023 he still owns at least 16,500 units of Faro Technologies stock.
You can see the complete history of Mr. Cole stock trades at the bottom of the page.
Stephen R. Cole serves as Independent Director of the Company. Mr. Cole served as Lead Director from 2005 until May 2018. Since May 2013, Mr. Cole has been President of Seeonee Inc., a financial valuation advisory firm. From 1975 until June 2010, Mr. Cole was President and Founding Partner of Cole & Partners, a Toronto, Canada based mergers and acquisition and corporate finance advisory service company. In June 2010, Cole & Partners was sold to Duff & Phelps Corporation. From June 2010 to May 2013, Mr. Cole was President of Duff & Phelps Canada Limited. Mr. Cole is a Fellow of the Institute of Chartered Accountants of Ontario, Fellow of the Canadian Chartered Institute of Business Valuators, Senior Member of the American Society of Appraisers and Full Member of the ADR Institute of Canada, Inc. He serves as lead director of The Westaim Corporation, a TSX Venture Exchange listed company where he also serves as a member of the audit committee and chairman of the compensation committee and nominating and governance committee. Previously, Mr. Cole was a director of H. Paulin & Co. Limited, a TSX-listed company, where he also served as chairman of the audit committee. Mr. Cole has also held or currently holds positions as an advisory committee member or director of various private companies and charitable and professional organizations.
As the Independent Director of Faro Technologies, the total compensation of Stephen Cole at Faro Technologies is $177,392. There are 6 executives at Faro Technologies getting paid more, with Michael Burger having the highest compensation of $4,958,420.
Stephen Cole is 68, he's been the Independent Director of Faro Technologies since 2018. There are 1 older and 9 younger executives at Faro Technologies. The oldest executive at Faro Technologies Inc. is John Caldwell, 70, who is the Independent Director.
Stephen's mailing address filed with the SEC is C/O FARO TECHNOLOGIES, INC., 250 TECHNOLOGY PARK, LAKE MARY, FL, 32746.
Over the last 21 years, insiders at Faro Technologies have traded over $80,616,438 worth of Faro Technologies stock and bought 161,454 units worth $2,589,004 . The most active insiders traders include Simon Raab, Yuval Wasserman, and Alexander M Davern. On average, Faro Technologies executives and independent directors trade stock every 38 days with the average trade being worth of $328,663. The most recent stock trade was executed by Peter James Lau on 6 September 2024, trading 5,435 units of FARO stock currently worth $90,601.
faro is the world’s most trusted source for 3d measurement technology. the company develops and markets computer-aided measurement and imaging devices and software. technology from faro permits high-precision 3d measurement, imaging and comparison of parts and compound structures within production and quality assurance processes. the devices are used for inspecting components and assemblies, production planning, documenting large volume spaces or structures in 3d, surveying and construction, as well as for investigation and reconstruction of accident sites or crime scenes. worldwide, approximately 15,000 customers are operating more than 30,000 installations of faro's systems. the company's global headquarters is located in lake mary, fla., its european head office in stuttgart, germany and its asia/pacific head office in singapore. faro has branches in brazil, mexico, germany, united kingdom, france, spain, italy, poland, netherlands, india, china, singapore, malaysia, vietnam, thaila
Faro Technologies executives and other stock owners filed with the SEC include: