The estimated Net Worth of Michael K Simonte is at least $5.92 Milhão dollars as of 13 November 2018. Mr. Simonte owns over 15,000 units of American Axle & Manufacturing Inc stock worth over $1,297,811 and over the last 20 years he sold AXL stock worth over $1,157,492. In addition, he makes $3,465,560 as President at American Axle & Manufacturing Inc.
Michael has made over 10 trades of the American Axle & Manufacturing Inc stock since 2011, according to the Form 4 filled with the SEC. Most recently he bought 15,000 units of AXL stock worth $178,200 on 13 November 2018.
The largest trade he's ever made was selling 59,450 units of American Axle & Manufacturing Inc stock on 2 December 2013 worth over $1,157,492. On average, Michael trades about 3,026 units every 76 days since 2005. As of 13 November 2018 he still owns at least 229,701 units of American Axle & Manufacturing Inc stock.
You can see the complete history of Mr. Simonte stock trades at the bottom of the page.
Michael K. Simonte is a President of the Company. Mr. Simonte previously served as Executive Vice President & Chief Financial Officer (since February 2009); Group Vice President - Finance & Chief Financial Officer (since December 2007); Vice President - Finance & Chief Financial Officer (since January 2006); Vice President & Treasurer (since May 2004); and Treasurer (since September 2002). Mr. Simonte joined AAM in December 1998 as Director, Corporate Finance. Prior to joining AAM, Mr. Simonte served as Senior Manager at the Detroit office of Ernst & Young LLP. Mr. Simonte is a certified public accountant.
As the President of American Axle & Manufacturing Inc, the total compensation of Michael Simonte at American Axle & Manufacturing Inc is $3,465,560. There are 2 executives at American Axle & Manufacturing Inc getting paid more, with David Dauch having the highest compensation of $7,663,250.
Michael Simonte is 56, he's been the President of American Axle & Manufacturing Inc since 2015. There are 16 older and 6 younger executives at American Axle & Manufacturing Inc. The oldest executive at American Axle & Manufacturing Holdings Inc is Samuel Valenti, 73, who is the Independent Director.
Michael's mailing address filed with the SEC is ONE DAUCH DRIVE, , DETROIT, MI, 48211-1198.
Over the last 22 years, insiders at American Axle & Manufacturing Inc have traded over $285,245,238 worth of American Axle & Manufacturing Inc stock and bought 357,043 units worth $4,163,345 . The most active insiders traders include Securities Llcasp Md Invest..., George Thanopoulos, eSamuel Iii Valenti. On average, American Axle & Manufacturing Inc executives and independent directors trade stock every 58 days with the average trade being worth of $1,244,068. The most recent stock trade was executed by Terri M. Kemp on 9 August 2023, trading 40,000 units of AXL stock currently worth $320,000.
for over 20 years, customers around the world have entrusted aam to design, engineer, validate and manufacture driveline, metal forming, powertrain, and casting technologies for automotive, commercial and industrial markets. today, we are a premier global tier 1 automotive supplier with broad capabilities across multiple product lines to deliver efficient, powerful and innovative solutions for our customers. we are aam and we have the power to move the world.
American Axle & Manufacturing Inc executives and other stock owners filed with the SEC include: