The estimated Net Worth of Kenneth Duane Seipel is at least $4.21 Millón dollars as of 28 August 2024. Mr. Seipel owns over 25,000 units of Citi Trends Inc stock worth over $4,133,336 and over the last 5 years he sold CTRN stock worth over $0. In addition, he makes $79,369 as Independent Director at Citi Trends Inc.
Kenneth has made over 3 trades of the Citi Trends Inc stock since 2021, according to the Form 4 filled with the SEC. Most recently he bought 25,000 units of CTRN stock worth $359,750 on 28 August 2024.
The largest trade he's ever made was buying 282,644 units of Citi Trends Inc stock on 10 July 2024 worth over $5,378,715. On average, Kenneth trades about 25,883 units every 82 days since 2019. As of 28 August 2024 he still owns at least 282,139 units of Citi Trends Inc stock.
You can see the complete history of Mr. Seipel stock trades at the bottom of the page.
Kenneth Duane Seipel serves as Independent Director of the Company. He has served as the Chief Executive Officer of West Marine Inc., the world’s largest retailer of boating supplies, since January 2019. From April 2017 until December 2018, Mr. Seipel served as a Principal of Retail Business Optimization LLC, a consulting firm helping retailers optimize their retail execution. From March 2013 to March 2017, Mr. Seipel served as Chief Executive Officer of Gabriel Brothers Inc., an off-priced retailer selling designer brands and fashions for up to 70% off department and specialty store prices. From March 2011 until February 2013, Mr. Seipel served as President and Chief Operating Officer of Wet Seal Inc. Prior to that, Mr. Seipel served as the President and Chief Merchandise/Marketing Officer of Pamida Discount Stores LLC, a regional discount chain of department stores with more than 175 locations in the United States, from 2009 until 2011. Previous to this, Mr. Seipel served as Executive Vice President of Stores, Operations and Store Design for the Old Navy division of Gap, Inc., an American clothing brand and chain of more than 1,000 stores in the United States and Canada, from 2003 through 2008. Mr. Seipel also held various merchandising and operations management roles earlier in his career with Target Corporation, a public retailing company and the second largest discount retailer in the United States, Shopko Stores, Inc., a privately-held chain of retail stores, and J. C. Penney Company, Inc., a public corporation which operates a chain of mid-range department stores and catalog sales merchant offices throughout the United States.
As the Independent Director of Citi Trends Inc, the total compensation of Kenneth Seipel at Citi Trends Inc is $79,369. There are 11 executives at Citi Trends Inc getting paid more, with Peter Sachse having the highest compensation of $997,150.
Kenneth Seipel is 59, he's been the Independent Director of Citi Trends Inc since 2019. There are 7 older and 11 younger executives at Citi Trends Inc. The oldest executive at Citi Trends Inc is Margaret Jenkins, 68, who is the Independent Director.
Kenneth's mailing address filed with the SEC is C/O CITI TRENDS, INC., 104 COLEMAN BLVD., SAVANNAH, GA, 31408.
Over the last 19 years, insiders at Citi Trends Inc have traded over $8,920,426 worth of Citi Trends Inc stock and bought 2,016,092 units worth $46,772,517 . The most active insiders traders include 1 Investments, Llc Pleasant..., 1 Investments, Llc Pleasant... y Peter R Sachse. On average, Citi Trends Inc executives and independent directors trade stock every 49 days with the average trade being worth of $343,030. The most recent stock trade was executed by David A Heath on 10 September 2024, trading 1,500 units of CTRN stock currently worth $21,885.
citi trends is a value-priced retailer of urban fashion apparel, shoes, accessories and home décor for the entire family. our merchandise offerings are designed to appeal to the preferences of fashion & value conscious consumers. our goal is to provide nationally recognized branded merchandise at discounts off department and specialty stores’ regular prices of 20% to 70%. citi trends buyers source merchandise from over 1600 vendors to deliver quality fashion product at outstanding value for our customers. in may 2005, citi trends became a publicly traded company on the nasdaq exchange with the symbol ctrn. citi trends' headquarters are located in savannah, georgia. in addition to the corporate office in savannah, we have one distribution center in darlington, south carolina and another in roland, oklahoma. we have buying offices in new york city and los angeles. we operate 515 stores in 31 states and employ approximately 4500 people.
Citi Trends Inc executives and other stock owners filed with the SEC include: