The estimated Net Worth of Jeffrey Siegel is at least $13.7 Milion dollars as of 19 April 2022. Mr. Siegel owns over 30,000 units of Lifetime Brands stock worth over $7,652,954 and over the last 19 years he sold LCUT stock worth over $3,634,112. In addition, he makes $2,423,120 as Executive Chairman of the Board at Lifetime Brands.
Jeffrey has made over 12 trades of the Lifetime Brands stock since 2005, according to the Form 4 filled with the SEC. Most recently he exercised 30,000 units of LCUT stock worth $349,200 on 19 April 2022.
The largest trade he's ever made was exercising 150,000 units of Lifetime Brands stock on 5 February 2021 worth over $1,759,500. On average, Jeffrey trades about 7,811 units every 103 days since 2005. As of 19 April 2022 he still owns at least 1,173,766 units of Lifetime Brands stock.
You can see the complete history of Mr. Siegel stock trades at the bottom of the page.
Jeffrey Siegel serves as Executive Chairman of the Board of the Company. Mr. Siegel has held the position of Chairman of the Board since June 2001, the position of President from December 1999 to 2013 and the position of Chief Executive Officer from December 2000 to March 2018. Mr. Siegel is also a director of Grupo Vasconia, S.A.B. (“Vasconia”), a manufacturer and distributor of industrial aluminum products, aluminum disks, cookware and related items in Mexico, in which the Company has approximately a 30% equity ownership. Mr. Siegel has been a director of Vasconia since 2007. Shares of Vasconia’s capital stock are traded on the Bolsa Mexicana de Valores, the Mexican Stock Exchange. Mr. Siegel has served the Company in various capacities and has been a director of the Company since 1967. Mr. Siegel is a cousin of Craig Phillips and the father of Daniel Siegel.
As the Executive Chairman of the Board of Lifetime Brands, the total compensation of Jeffrey Siegel at Lifetime Brands is $2,423,120. There are 1 executives at Lifetime Brands getting paid more, with Robert Kay having the highest compensation of $3,004,660.
Jeffrey Siegel is 76, he's been the Executive Chairman of the Board of Lifetime Brands since 2018. There are 2 older and 15 younger executives at Lifetime Brands. The oldest executive at Lifetime Brands, Inc. is Michael Regan, 78, who is the Independent Director.
Jeffrey's mailing address filed with the SEC is 1000 Stewart Ave, Garden City, NY 11530, USA.
Over the last 21 years, insiders at Lifetime Brands have traded over $43,989,121 worth of Lifetime Brands stock and bought 764,261 units worth $8,382,811 . The most active insiders traders include Road Capital Ii, L.P.Mill R..., Craig Phillips oraz Jeffrey Siegel. On average, Lifetime Brands executives and independent directors trade stock every 28 days with the average trade being worth of $114,322. The most recent stock trade was executed by Robert Bruce Kay on 17 May 2023, trading 3,000 units of LCUT stock currently worth $15,090.
lifetime brands is a leading global provider of kitchenware, tabletop and other products used in the home. the company markets its products under such well-known kitchenware brands as farberware®, kitchenaid®, casamoda®, cuisinart®, cuisine de france®, guy fieri®, hoffritz®, kizmos™, misto®, pedrini®, roshco®, sabatier®, savora™ and vasconia®; respected tabletop brands such as mikasa®, pfaltzgraff®, creative tops®, gorham®, international® silver, kirk stieff®, sasaki®, towle® silversmiths, tuttle®, wallace®, v&a® and royal botanic gardens kew®; and home solutions brands, including fred®, elements®, melannco®, kamenstein® and design for living™. the company also provides exclusive private label products to leading retailers worldwide.
Lifetime Brands executives and other stock owners filed with the SEC include: