The estimated Net Worth of David L Porteous is at least $6.22 Milion dollars as of 27 January 2023. Mr. Porteous owns over 80,000 units of Huntington Bancshares stock worth over $893,642 and over the last 17 years he sold HBAN stock worth over $4,935,680. In addition, he makes $389,240 as Lead Independent Director at Huntington Bancshares.
David has made over 36 trades of the Huntington Bancshares stock since 2009, according to the Form 4 filled with the SEC. Most recently he sold 80,000 units of HBAN stock worth $1,200,800 on 27 January 2023.
The largest trade he's ever made was selling 80,000 units of Huntington Bancshares stock on 27 January 2023 worth over $1,200,800. On average, David trades about 3,168 units every 23 days since 2007. As of 27 January 2023 he still owns at least 62,844 units of Huntington Bancshares stock.
You can see the complete history of Mr. Porteous stock trades at the bottom of the page.
David L. Porteous serves as Lead Independent Director of the Company. He is Attorney, McCurdy, Wotila & Porteous, P.C. and Lead Director, Huntington. Mr. Porteous has practiced law for more than 38 years with a focus on corporate and municipal law and government relations. He has been a partner with McCurdy, Wotila & Porteous, P.C. since 2008, and prior to joining that firm he managed his own law practice for more than 20 years. Mr. Porteous is a recognized authority on economic development and has served on the boards of directors of the Michigan Economic Development Corporation (MEDC), the Michigan Economic Growth Authority (MEGA), where he was chairman of the executive committee, the Michigan Strategic Fund, where he was chairman, and the Michigan Chamber of Commerce. Mr. Porteous is a former director of the Federal Home Loan Bank of Indianapolis where he also chaired the audit committee. He also was on the board of trustees of Michigan State University for more than eight years and was chairman of the board from 2003 to 2006 and was a member of its finance and audit committees. He is also on the board of the Michigan State University College of Law and serves on its executive committee. Mr. Porteous served as a director of Jackson National Life Insurance of New York from 2002 to 2016, where he has served as a member of the audit, risk and compensation committees. Mr. Porteous has also served as a director of The Huntington National Bank since 2004. Mr. Porteous regularly lectures on corporate governance and was one of three finalists for the New York Stock Exchange 2015 Independent Lead Director of the Year award. Mr. Porteous has an extensive legal background and possesses valuable experience in corporate and finance related matters, as well as an extensive knowledge of Huntington’s markets. These attributes make him an effective lead director, member of the Risk Oversight Committee and chair of the Executive Committee and the Nominating and Corporate Governance Committee.
As the Lead Independent Director of Huntington Bancshares, the total compensation of David Porteous at Huntington Bancshares is $389,240. There are 13 executives at Huntington Bancshares getting paid more, with Thomas C. Shafer having the highest compensation of $8,987,572.
David Porteous is 67, he's been the Lead Independent Director of Huntington Bancshares since 2007. There are 2 older and 28 younger executives at Huntington Bancshares. The oldest executive at Huntington Bancshares, Inc. is Steven Elliott, 73, who is the Independent Director.
David's mailing address filed with the SEC is Reed City, MI 49677, USA.
Over the last 17 years, insiders at Huntington Bancshares have traded over $40,139,223 worth of Huntington Bancshares stock and bought 3,094,306 units worth $19,406,211 . The most active insiders traders include Stephen D Steinour, Daniel J. Neumeyer oraz Paul G Heller. On average, Huntington Bancshares executives and independent directors trade stock every 16 days with the average trade being worth of $565,999. The most recent stock trade was executed by Brendan A Lawlor on 29 July 2024, trading 9,050 units of HBAN stock currently worth $136,293.
huntington bancshares incorporated is a $70 billion asset regional bank holding company headquartered in columbus, ohio, with a network of more than 750 branches and more than 1,500 atms across six midwestern states. founded in 1866, the huntington national bank and its affiliates provide consumer, small business, commercial, treasury management, wealth management, brokerage, trust, and insurance services. huntington also provides auto dealer, equipment finance, national settlement and capital market services that extend beyond its core states. visit huntington.com for more information. the huntington national bank, member fdic. the logo mark and huntington® are federally registered service marks of huntington bancshares incorporated. huntington social media community guidelines: http://bit.ly/huntingtonsocialmedia
Huntington Bancshares executives and other stock owners filed with the SEC include: