The estimated Net Worth of Mitchell Jacobson is at least 537 百万$ dollars as of 31 January 2024. Mr. Jacobson owns over 24,501 units of MSC Industrial Direct Co stock worth over 131,236,151$ and over the last 21 years he sold MSM stock worth over 405,848,793$. In addition, he makes 402,600$ as Non-Executive Chairman of the Board at MSC Industrial Direct Co.
Mitchell has made over 105 trades of the MSC Industrial Direct Co stock since 2004, according to the Form 4 filled with the SEC. Most recently he sold 24,501 units of MSM stock worth 2,433,194$ on 31 January 2024.
The largest trade he's ever made was selling 2,250,684 units of MSC Industrial Direct Co stock on 2 August 2004 worth over 69,771,204$. On average, Mitchell trades about 52,753 units every 50 days since 2004. As of 31 January 2024 he still owns at least 1,683,810 units of MSC Industrial Direct Co stock.
You can see the complete history of Mr. Jacobson stock trades at the bottom of the page.
Mitchell Lawrence Jacobson serves as Non-Executive Chairman of the Board of the Company. Mr. Jacobson was appointed our President and Chief Executive Officer in October 1995 and held both positions until November 2003. He continued as our Chief Executive Officer until November 2005. Mr. Jacobson was appointed our Chairman of the Board in January 1998 and became Non-executive Chairman of the Board effective January 1, 2013. Previously, Mr. Jacobson was President and Chief Executive Officer of Sid Tool Co., Inc., our predecessor company and current wholly-owned and principal operating subsidiary from June 1982 to November 2005. Mr. Jacobson has been instrumental to our past and ongoing growth, which reflects the values, strategy and vision that Mr. Jacobson contributes. His leadership as Chairman, experience in industrial distribution and strategic input are critically important to our Board. In addition, as one of our principal shareholders, Mr. Jacobson provides critical insight and perspective relating to the company’s shareholders Mr. Jacobson is the uncle of Erik Gershwind, our President and Chief Executive Officer and a director of the company, and the brother of Marjorie Gershwind Fiverson, Mr. Gershwind’s mother. There are no other family relationships among any of our directors or executive officers.Mr. Jacobson is a director of Ambrosia Holdings, L.P. (the holding company of TriMark USA), and serves as a director, Chairman of the Nominating Committee and member of the Audit and Compensation Committees of Juniper Industrial Holdings, Inc. Mr. Jacobson previously served as a director of HD Supply Holdings, Inc. from October 2007 to December 2013. Mr. Jacobson is also a Trustee of the New York University School of Law, and serves as a member of the Board of Trustees of New York Presbyterian Hospital, as well as of the hospital’s Executive, Investment and Patient Experience committees.
As the Non-Executive Chairman of the Board of MSC Industrial Direct Co, the total compensation of Mitchell Jacobson at MSC Industrial Direct Co is 402,600$. There are 9 executives at MSC Industrial Direct Co getting paid more, with Erik Gershwind having the highest compensation of 3,871,790$.
Mitchell Jacobson is 68, he's been the Non-Executive Chairman of the Board of MSC Industrial Direct Co since 2013. There are 3 older and 20 younger executives at MSC Industrial Direct Co. The oldest executive at MSC Industrial Direct Co., Inc. is Philip Peller, 80, who is the Lead Independent Director.
Mitchell's mailing address filed with the SEC is C/O MSC INDUSTRIAL DIRECT CO., INC., 515 BROADHOLLOW ROAD, MELVILLE, NY, 11747.
Over the last 21 years, insiders at MSC Industrial Direct Co have traded over 718,248,292$ worth of MSC Industrial Direct Co stock and bought 279,450 units worth 20,584,730$ . The most active insiders traders include Mitchell Jacobson、Marjorie Gershwind、Roger Fradin. On average, MSC Industrial Direct Co executives and independent directors trade stock every 9 days with the average trade being worth of 2,002,357$. The most recent stock trade was executed by Kristen Actis Grande on 31 August 2024, trading 911 units of MSM stock currently worth 71,003$.
msc industrial supply co. (nyse:msm) is a leading north american distributor of metalworking and maintenance, repair, and operations (mro) products and services. we help our customers drive greater productivity, profitability and growth with more than 1 million products, inventory management and other supply chain solutions, and deep expertise from 75 years of working with customers across industries. our experienced team of over 6,000 associates is dedicated to working side by side with our customers to help drive results for their businesses - from keeping operations running efficiently today to continuously rethinking, retooling, and optimizing for a more productive tomorrow. for more information on msc, please visit mscdirect.com.
MSC Industrial Direct Co executives and other stock owners filed with the SEC include: