The estimated Net Worth of Robert M Bakish is at least $23.3 Millón dollars as of 24 August 2021. Mr. Bakish owns over 214 units of Avid Technology stock worth over $18,346,370 and over the last 15 years he sold AVID stock worth over $4,797,478. In addition, he makes $192,613 as Independent Director at Avid Technology.
Robert has made over 22 trades of the Avid Technology stock since 2012, according to the Form 4 filled with the SEC. Most recently he sold 214 units of AVID stock worth $5,885 on 24 August 2021.
The largest trade he's ever made was buying 100,000 units of Avid Technology stock on 25 August 2015 worth over $799,000. On average, Robert trades about 22,933 units every 89 days since 2009. As of 24 August 2021 he still owns at least 678,490 units of Avid Technology stock.
You can see the complete history of Mr. Bakish stock trades at the bottom of the page.
Robert M. Bakish serves as Independent Director of the Company. Mr. Bakish is currently the President & CEO of Viacom Inc. to which he was appointed to in December 2016; prior to that he was Acting President and CEO of Viacom Inc. from November 2016 to December 2016; prior to that he was President and CEO of Viacom International Media Networks, a division of Viacom Inc., since January 2010. From January 2007 to January 2010, Mr. Bakish served as the President of MTV Networks International, another division of Viacom. From July 2004 to January 2007, Mr. Bakish was Executive Vice President, Operations, of Viacom Enterprises, a subsidiary of Viacom. Prior to that, he served as MTV Networks’ Executive Vice President and Chief Operating Officer, Advertising Sales and was chairman of the Cable Television Advertising Bureau. Previously, Mr. Bakish was a partner with Booz Allen & Hamilton in its Media and Entertainment practice. Mr. Bakish's extensive experience at Viacom gives him unique insights into the broadcast industry and international markets. He brings a strong commercial perspective and voice of the customer to Avid's board. This has been very valuable as Avid is implementing its long-term transformational strategy to adapt to the rapidly changing media industry. The board also values his expertise in strategic planning and business development as well as in his role, since 2011, as the chair of our compensation committee.
As the Independent Director of Avid Technology, the total compensation of Robert Bakish at Avid Technology is $192,613. There are 11 executives at Avid Technology getting paid more, with Kenneth Gayron having the highest compensation of $1,781,550.
Robert Bakish is 56, he's been the Independent Director of Avid Technology since 2009. There are 5 older and 13 younger executives at Avid Technology. The oldest executive at Avid Technology, Inc. is Elizabeth Daley, 77, who is the Independent Director.
Robert's mailing address filed with the SEC is Network Drive, Burlington, Middlesex County, Massachusetts, 01805, United States.
Over the last 22 years, insiders at Avid Technology have traded over $29,534,507 worth of Avid Technology stock and bought 10,440,076 units worth $187,376,621 . The most active insiders traders include Capital Partners Lprichard ..., Capital Partners Lprichard ... y Capital Partners Lprichard .... On average, Avid Technology executives and independent directors trade stock every 26 days with the average trade being worth of $1,620,859. The most recent stock trade was executed by Kenneth L Gayron on 15 March 2023, trading 39,604 units of AVID stock currently worth $1,135,447.
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Avid Technology executives and other stock owners filed with the SEC include: