The estimated Net Worth of Ole Peter Lorentzen is at least $128 Milion dollars as of 15 September 2021. Mr. Lorentzen owns over 1,500,000 units of Recovery Inc stock worth over $79,854,652 and over the last 11 years he sold ERII stock worth over $47,978,392. In addition, he makes $140,000 as Independent Director at Recovery Inc.
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Mr. Lorentzen ERII stock SEC Form 4 insiders trading
Ole has made over 10 trades of the Recovery Inc stock since 2014, according to the Form 4 filled with the SEC. Most recently he sold 1,500,000 units of ERII stock worth $31,215,000 on 15 September 2021.
The largest trade he's ever made was selling 1,500,000 units of Recovery Inc stock on 15 September 2021 worth over $31,215,000. On average, Ole trades about 336,835 units every 163 days since 2014. As of 15 September 2021 he still owns at least 5,155,239 units of Recovery Inc stock.
You can see the complete history of Mr. Lorentzen stock trades at the bottom of the page.
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Ole Lorentzen biography
Ole Peter Lorentzen serves as Independent Director of the Company. He joined the Board of Directors of the Company again in February 2015. Since December 1987, Mr. Lorentzen brings to the Company forty years of experience from multiple fields of business including sales and sales management, real estate development and investments in high technology companies. Mr. Lorentzen has been the Chairman and beneficial owner of Ludvig Lorentzen, an investment company that typically holds a concentrated portfolio of investments for seven to fifteen years. He served as Director of Agasti Holding ASA since May 2010 until May 2013. He also served as a Director of Opera Software ASA until June 21, 2007. Mr. Lorentzen holds a bachelor’s degree in business administration from Lund University in Sweden. The Board selected Mr. Lorentzen to serve as a director because Mr. Lorentzen has extensive experience in working with management teams and Boards to seek methods of enhancing value for all stockholders.
What is the salary of Ole Lorentzen?
As the Independent Director of Recovery Inc, the total compensation of Ole Lorentzen at Recovery Inc is $140,000. There are 10 executives at Recovery Inc getting paid more, with Yu-Lang Mao having the highest compensation of $868,407.
How old is Ole Lorentzen?
Ole Lorentzen is 67, he's been the Independent Director of Recovery Inc since 2015. There are 3 older and 13 younger executives at Recovery Inc. The oldest executive at Energy Recovery Inc is Yu-Lang Mao, 77, who is the Pres, CEO & Chairman.
What's Ole Lorentzen's mailing address?
Ole's mailing address filed with the SEC is HOSPITSVEIEN 2, , OSLO, Q8, 0789.
Insiders trading at Recovery Inc
Over the last 16 years, insiders at Recovery Inc have traded over $145,958,928 worth of Recovery Inc stock and bought 3,151,581 units worth $15,056,868 . The most active insiders traders include As Arvarius, Ole Peter Lorentzen oraz Alexander J Buehler. On average, Recovery Inc executives and independent directors trade stock every 23 days with the average trade being worth of $1,247,596. The most recent stock trade was executed by Alexander J Buehler on 19 August 2024, trading 19,841 units of ERII stock currently worth $57,936.
What does Recovery Inc do?
energy recovery (nasdaq:erii) recycles and converts wasted pressure energy into a usable asset and preserves pumps that are subject to hostile processing environments. with award winning technology, energy recovery simplifies complex industrial systems while improving productivity, profitability, and efficiency within the oil & gas, chemical processing, and water industries. energy recovery products save clients more than $1.5 billion (usd) annually. headquartered in the bay area, energy recovery has offices in ireland, shanghai, and dubai. for more information about the company, please visit our website at www.energyrecovery.com.
What does Recovery Inc's logo look like?
Complete history of Mr. Lorentzen stock trades at Recovery Inc
Recovery Inc executives and stock owners
Recovery Inc executives and other stock owners filed with the SEC include:
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Yu-Lang Mao,
Pres, CEO & Chairman -
Joshua Ballard,
Chief Financial Officer -
Rodney Clemente,
Senior Vice President of Water -
Farshad Ghasripoor,
Chief Technology Officer -
Rodney Clemente,
Sr. VP of Water -
Joshua Ballard CFA,
Chief Financial Officer -
Dr. Farshad Ghasripoor,
Chief Technology Officer -
yu Lang Mao,
Chairman of the Board, President, Chief Executive Officer -
Alexander Buehler,
Independent Director -
Arve Hanstveit,
Independent Director -
Ole Lorentzen,
Independent Director -
Sherif Foda,
Independent Director -
Olav Fjell,
Independent Director -
Pamela Tondreau,
Lead Independent Director -
William Yeung,
Chief Legal Officer -
Emily Smith,
Senior Vice President of Corporate Development and Operations -
Stacy Proctor,
VP of HR -
Kelley Vendeland,
VP of Marketing & ESG -
William W. Yeung,
Chief Legal Officer & Sec. to the Board -
James Siccardi,
VP of Investor Relations -
Nocair Bensalah,
VP of Operations -
Andrew B Jr Stroud,
VP, Human Resources -
Juan Otero,
Corporate Counsel & Secretary -
Eric Siebert,
VP, Oil and Gas -
Chris M Gannon,
CFO -
Hans Peter Michelet,
Executive Chairman -
Dominique Trempont,
Director -
Joel Gay,
CFO -
Lenox Sharon E Smith,
Controller -
Colin R Sabol,
Director -
Lisa A Pollina,
Director -
Nocair Bensalah,
VP Operations -
David Barnes,
Chief Sales Officer -
Marie Elisabeth Lucienne Pa...,
Director -
Fred Olav Johannessen,
Director -
Paul M. Cook,
Director -
Thomas S Jr Rooney,
President, CEO -
Bold Audrey,
Chief Marketing Officer -
Prem Krish,
Chief Technology Officer -
Terrill Sandlin,
VP of Manufacturing -
Carolyn F. Bostick,
VP and General Counsel -
Thomas D Willardson,
Chief Financial Officer -
Gonzalo G Pique,
President, CEO -
As Arvarius,
10% owner -
Deno G Bokas,
VP Finance and CAO -
Timothy Scott Dyer,
Chief Technology Officer -
Borja Sanchez Blanco,
SVP, Sales and Marketing -
Xiao Yin Wang,
VP, OEM Projects Group -
Richard Stover,
CTO and VP of Sales -
Maria Elena Ross,
VP of Admin & Human Resources -
Jackalyne Pfannenstiel,
Director -
James Medanich,
Director -
Marilyn Lobel,
Chief Acct Officer,Controller -
Joan Kai Chow,
Director -
Stacy Lea Proctor,
VP, Human Resources -
David W Moon,
President and CEO -
Michael S. Mancini,
Chief Financial Officer