Last updated: 23 July 2020 at 4:52pm EST

Peter Cangany Net Worth




The estimated Net Worth of Peter T Jr Cangany is at least $177 mil dollars as of 18 June 2020. Mr. Cangany owns over 8,169 units of GWG Inc stock worth over $23,608 and over the last 5 years he sold GWGH stock worth over $0. In addition, he makes $153,352 as Independent Director at GWG Inc.

Mr. Cangany GWGH stock SEC Form 4 insiders trading

Peter has made over 1 trades of the GWG Inc stock since 2020, according to the Form 4 filled with the SEC. Most recently he exercised 8,169 units of GWGH stock worth $23,608 on 18 June 2020.

The largest trade he's ever made was exercising 8,169 units of GWG Inc stock on 18 June 2020 worth over $23,608. On average, Peter trades about 4,085 units every 0 days since 2019. As of 18 June 2020 he still owns at least 8,169 units of GWG Inc stock.

You can see the complete history of Mr. Cangany stock trades at the bottom of the page.





Peter Cangany biography

Peter T. Cangany Jr., CPA serves as Independent Director of the Company. He joined Ernst & Young, LLP (“EY”) in 1980 upon graduating college and retired from the firm in 2017. Mr. Cangany became an EY partner in 1993 and, during his tenure, worked in EY’s Indianapolis office 1980 – 1987, Seattle office 1987 – 2004, San Antonio office 2004 – 2011, and New York and Bermuda offices 2011 – 2017. At EY, Mr. Cangany specialized in working with insurance entities, primarily property, casualty and reinsurance, and has as a strong working knowledge of the life settlement industry. He also worked closely with Beneficient during its early formation on various accounting and consolidation matters. During his 37 years with EY, Mr. Cangany served as the engagement partner on several large public and non-public nationally recognized companies. He held numerous leadership positions at EY, including area insurance practice leader for the Pacific Northwest, Southwest, and BBC (Bermuda, Bahamas, Caymans) and Office Managing Partner for EY’s Seattle and Bermuda offices. Mr. Cangany serves on the Board of Trustees – Franklin College of Indiana (2009–present) and is the Finance Committee Chair (and previously Audit Committee Chair). Mr. Cangany earned a B.A. in Accounting from Franklin College and an M.B.A. from Texas A&M University.

What is the salary of Peter Cangany?

As the Independent Director of GWG Inc, the total compensation of Peter Cangany at GWG Inc is $153,352. There are 5 executives at GWG Inc getting paid more, with Timothy L. Evans J.D. having the highest compensation of $4,327,411.



How old is Peter Cangany?

Peter Cangany is 62, he's been the Independent Director of GWG Inc since 2019. There are 8 older and 4 younger executives at GWG Inc. The oldest executive at GWG Holdings Inc is David De Weese, 77, who is the Director.

What's Peter Cangany's mailing address?

Peter's mailing address filed with the SEC is 325 NORTH ST. PAUL STREET, SUITE 2650, DALLAS, TX, 75201.

Insiders trading at GWG Inc

Over the last 10 years, insiders at GWG Inc have traded over $0 worth of GWG Inc stock and bought 200,000 units worth $2,500,000 . The most active insiders traders include Thomas O Hicks, Dennis P Lockhart y Shawn R Gensch. On average, GWG Inc executives and independent directors trade stock every 150 days with the average trade being worth of $127,781. The most recent stock trade was executed by Bruce William Schnitzer on 18 June 2020, trading 8,169 units of GWGH stock currently worth $23,608.



What does GWG Inc do?

GWG Holdings, Inc. is an innovative financial services firm based in Dallas, Texas that is a leader in providing investments that are non-correlated to the traded markets, and unique liquidity solutions and services for the owners of illiquid investments. Through its subsidiaries, The Beneficient Company Group, L.P.and GWG Life, LLC,GWGH owns and manages a diverse portfolio of alternative assets that, as of September 30, 2020, included $1.9 billion in life insurance policy benefits, and exposure to a diversified and growing loan portfolio secured by 122 professionally managed alternative investment funds.



What does GWG Inc's logo look like?

GWG Holdings Inc logo

Complete history of Mr. Cangany stock trades at GWG Inc

Fecha
#
Empresa
Persona
Trans.
Transacción
Acciones Precio por acción Precio total Acciones después de Fuente
18 Jun 2020 Peter T Jr Cangany
Director
Uso de opción 8,169 $8.60 $70,253
18 Jun 2020
8,169


GWG Inc executives and stock owners

GWG Inc executives and other stock owners filed with the SEC include: