The estimated Net Worth of Michael D Siegal is at least $47.2 Millón dollars as of 2 March 2023. Mr. Siegal owns over 100,000 units of Olympic Steel stock worth over $41,228,514 and over the last 21 years he sold ZEUS stock worth over $5,611,000. In addition, he makes $409,664 as Executive Chairman of the Board at Olympic Steel.
Michael has made over 10 trades of the Olympic Steel stock since 2011, according to the Form 4 filled with the SEC. Most recently he sold 100,000 units of ZEUS stock worth $5,611,000 on 2 March 2023.
The largest trade he's ever made was selling 100,000 units of Olympic Steel stock on 2 March 2023 worth over $5,611,000. On average, Michael trades about 2,760 units every 51 days since 2004. As of 2 March 2023 he still owns at least 1,102,072 units of Olympic Steel stock.
You can see the complete history of Mr. Siegal stock trades at the bottom of the page.
Michael D. Siegal serves as Executive Chairman of the Board of the Company. He has served as the Executive Chairman of the Board since January 2019 after serving as Chief Executive Officer of the Company from 1984 until December 2018 and in the role of Chairman of the Board since 1994. Since 2014, Mr. Siegal has served on the board of directors of Cleveland-Cliffs Inc., an iron ore mining company, and since 2018, he has served on the board of directors of Twin City Fan. He also serves on the board of directors of the Development Corporation for Israel and the Jewish Agency for Israel, where he is currently the Board Chair. Mr. Siegal has previously served on the board of directors of the MSCI, a metals trade association, University Hospitals of Cleveland and the Rock & Roll Hall of Fame. He also previously served as the Board Chair of the Jewish Federation of North America and the Jewish Federation of Cleveland. With over 30 years of executive experience at the Company, Mr. Siegal possesses proven managerial skills and firsthand knowledge of nearly every aspect of the Company’s business operations. As a member of the founding family of the Company, Mr. Siegal also brings to the Board knowledge and understanding of the evolution of a family business into a successful public company. Mr. Siegal is also a substantial long-term shareholder of the Company.
As the Executive Chairman of the Board of Olympic Steel, the total compensation of Michael Siegal at Olympic Steel is $409,664. There are 8 executives at Olympic Steel getting paid more, with Richard Marabito having the highest compensation of $2,055,820.
Michael Siegal is 67, he's been the Executive Chairman of the Board of Olympic Steel since 2019. There are 2 older and 14 younger executives at Olympic Steel. The oldest executive at Olympic Steel Inc. is Michael D. Siegal, 69, who is the Exec. Chairman.
Michael's mailing address filed with the SEC is C/O OLYMPIC STEEL, INC., 22901 MILLCREEK BLVD., SUITE 650, HIGHLAND HILLS, OH, 44122.
Over the last 21 years, insiders at Olympic Steel have traded over $13,827,666 worth of Olympic Steel stock and bought 277,518 units worth $5,142,263 . The most active insiders traders include Michael G Rippey, David A Wolfort y Arthur F Anton. On average, Olympic Steel executives and independent directors trade stock every 38 days with the average trade being worth of $261,533. The most recent stock trade was executed by Dirk A Kempthorne on 14 March 2023, trading 1,000 units of ZEUS stock currently worth $51,270.
--our mission-- achieve profitable growth by safely providing quality business solutions for metal product users. --about olympic steel-- founded in 1954, olympic steel is a leading u.s. metals service center focused on the direct sale and distribution of large volumes of processed carbon, coated and stainless flat-rolled sheet, coil and plate steel and aluminum products. the company’s cti subsidiary is a leading distributor of steel tubing, bar, pipe, valves and fittings, and fabricates pressure parts for the electric utility industry. headquartered in cleveland, ohio, olympic steel currently operates numerous strategically located facilities in north america. --career-- olympic steel has been recognized as one of the best places to work. in fact, we've earned distinction as one of the 50 most engaged workplaces in the us and are a multi-year recipient of the northeast ohio north coast 99 award for excellence in attracting, motivating and retaining top performers. current
Olympic Steel executives and other stock owners filed with the SEC include: