The estimated Net Worth of Philip Gay is at least $195 mil dollars as of 17 June 2024. Mr. Gay owns over 5,000 units of Motorcar Parts of America stock worth over $27,450 and over the last 20 years he sold MPAA stock worth over $0. In addition, he makes $168,000 as Independent Director at Motorcar Parts of America.
Philip has made over 17 trades of the Motorcar Parts of America stock since 2014, according to the Form 4 filled with the SEC. Most recently he bought 5,000 units of MPAA stock worth $26,750 on 17 June 2024.
The largest trade he's ever made was exercising 25,000 units of Motorcar Parts of America stock on 14 February 2014 worth over $186,250. On average, Philip trades about 2,091 units every 97 days since 2004. As of 17 June 2024 he still owns at least 5,000 units of Motorcar Parts of America stock.
You can see the complete history of Mr. Gay stock trades at the bottom of the page.
Philip Gay CPA serves as Independent Director of the Company. Mr. Gay joined our Board of Directors on November 30, 2004. He chairs our Audit Committees and is a member of our Compensation and Nominating and Corporate Governance Committees. Mr. Gay currently serves as Managing Director of Triple Enterprises, a business advisory service firm that assists mid-cap sized companies with financing, mergers and acquisitions and strategic financing, which he had previously managed from March 2000 until June 2004. From April 2018, Mr Gay has served as Co CEO of Giggles N Hugs, Inc., a publicly-traded company. From March 2015 to May 2015 Mr. Gay served as a director and chief executive officer at Diego Pellicer Worldwide Inc., a publicly-traded company. From July 2006 until June 2010, Mr. Gay served as President, Chief Executive Officer and a Director of Grill Concepts, Inc., a company that operates a chain of upscale casual restaurants throughout the United States. From March 2000 to November 2001, Mr. Gay served as an independent consultant with El Paso Energy from time to time and assisted El Paso Energy with its efforts to reduce overall operating and manufacturing overhead costs. Previously he has served as chief financial officer for California Pizza Kitchen (1987 to 1994) and Wolfgang Puck Food Company (1994 to 1996), and he has held various Chief Operating Officer and Chief Executive Officer positions at Color Me Mine and Diversified Food Group from 1996 to 2000. Mr. Gay is also a retired Certified Public Accountant, a former audit manager at Laventhol and Horwath and a graduate of the London School of Economics. Mr. Gay’s leadership experience, general business knowledge, financial literacy and expertise, accounting skills and competency and overall financial acumen have led the Board of Directors to conclude that he should serve as a director of our Company.
As the Independent Director of Motorcar Parts of America, the total compensation of Philip Gay at Motorcar Parts of America is $168,000. There are 9 executives at Motorcar Parts of America getting paid more, with Selwyn Joffe having the highest compensation of $3,086,940.
Philip Gay is 62, he's been the Independent Director of Motorcar Parts of America since 2004. There are 7 older and 10 younger executives at Motorcar Parts of America. The oldest executive at Motorcar Parts of America Inc. is Rudolph Borneo, 79, who is the Independent Director.
Philip's mailing address filed with the SEC is C/O MOTORCAR PARTS OF AMERICA, INC., 2929 CALIFORNIA STREET, TORRANCE, CA, 90503.
Over the last 22 years, insiders at Motorcar Parts of America have traded over $28,017,363 worth of Motorcar Parts of America stock and bought 1,050,266 units worth $7,367,081 . The most active insiders traders include Mel Marks, Joffe Selwyn, eScott Joseph Adelson. On average, Motorcar Parts of America executives and independent directors trade stock every 22 days with the average trade being worth of $82,081. The most recent stock trade was executed by Capital Llc325 Capital Gp, ... on 27 August 2024, trading 57,797 units of MPAA stock currently worth $390,130.
motorcar parts of america, inc. is a remanufacturer, manufacturer and distributor of automotive aftermarket parts -- including alternators, starters, wheel hub assembly and brake master cylinder products utilized in imported and domestic passenger vehicles, light trucks and heavy duty applications. motorcar parts of america’s products are sold to automotive retail outlets and the professional repair market throughout the united states and canada, with facilities located in california, mexico, malaysia and china; and administrative offices located in california, tennessee, mexico, singapore, malaysia and toronto. saving resources for future generations. remanufacturing is the most efficient process for replacement parts – potentially reducing material and energy consumption by as much as 91% versus traditional manufacturing.* mpa’s reclaims and reconditions all non-wearing parts during the remanufacturing process. by recovering these components, mpa saves both the energy and material to
Motorcar Parts of America executives and other stock owners filed with the SEC include: