The estimated Net Worth of David B. Gendell is at least $22.2 Millón dollars as of 30 August 2024. Mr. Gendell owns over 10,000 units of IES Inc stock worth over $20,073,036 and over the last 13 years he sold IESC stock worth over $1,872,600. In addition, he makes $204,661 as Director at IES Inc.
David has made over 6 trades of the IES Inc stock since 2017, according to the Form 4 filled with the SEC. Most recently he sold 10,000 units of IESC stock worth $1,872,600 on 30 August 2024.
The largest trade he's ever made was selling 10,000 units of IES Inc stock on 30 August 2024 worth over $1,872,600. On average, David trades about 500 units every 43 days since 2012. As of 30 August 2024 he still owns at least 127,976 units of IES Inc stock.
You can see the complete history of Mr. Gendell stock trades at the bottom of the page.
David B. Gendell serves as Director of the Company. He previously served as Vice Chairman of the Board from November 2016 to November 2017 and as Chairman of the Board from January 2015 to November 2016. From 2004 to January 2018, he was an employee of Tontine Associates, L.L.C., which, together with its affiliates (collectively, “Tontine”), is a private investment management firm and the majority shareholder of the Company. At Tontine Associates L.L.C., he focused on investment opportunities in industrial, manufacturing and basic materials companies. From 2006 to 2010, he served on the Board of Directors of Neenah Enterprises, one of the largest independent foundries in the United States. Mr. Gendell has also held senior positions at several venture-backed startups. From 1999 to 2002, he was President and Chief Operating Officer of Homserv, LLC, a privately-held data aggregator focused on real estate transactions, and from 2002 to 2003, he served as President and Chief Operating Officer of Cogent Design Inc., a privately-held practice management software system. He also currently serves as the Chairman of the Board of Advisors of the Duke Global Health Institute. Mr. Gendell is the brother of Jeffrey Gendell, who has served as a director of the Company and as Chairman of the Board since November 2016 and is the founder and managing member of Tontine, the Company’s majority shareholder.
As the Director of IES Inc, the total compensation of David Gendell at IES Inc is $204,661. There are 3 executives at IES Inc getting paid more, with Tracy McLauchlin having the highest compensation of $1,388,130.
David Gendell is 59, he's been the Director of IES Inc since 2019. There are 4 older and 5 younger executives at IES Inc. The oldest executive at IES Holdings Inc is Donald Luke, 82, who is the Independent Director.
David's mailing address filed with the SEC is 2 RIVERWAY, SUITE 1730, , HOUSTON, TX, 77056.
Over the last 21 years, insiders at IES Inc have traded over $82,807,125 worth of IES Inc stock and bought 511,586 units worth $3,795,811 . The most active insiders traders include Jeffrey L Et Altontine Capi..., Jeffrey L Et Al Gendell y Todd M Cleveland. On average, IES Inc executives and independent directors trade stock every 47 days with the average trade being worth of $2,272,757. The most recent stock trade was executed by David B. Gendell on 30 August 2024, trading 10,000 units of IESC stock currently worth $1,872,600.
ies services is a construction company located in 1505 sherrye dr, plano, texas, united states.
IES Inc executives and other stock owners filed with the SEC include: