The estimated Net Worth of Richard Cavanagh is at least $13.8 mil dollars as of 29 June 2021. Mr. Cavanagh owns over 626 units of BlackRock Municipal Bond Trust stock worth over $1,502 and over the last 21 years he sold BBK stock worth over $10,204. In addition, he makes $2,075 as Independent Co-Chairman of the Board of Trustee at BlackRock Municipal Bond Trust.
Richard has made over 66 trades of the BlackRock Municipal Bond Trust stock since 2003, according to the Form 4 filled with the SEC. Most recently he sold 626 units of BBK stock worth $10,204 on 29 June 2021.
The largest trade he's ever made was buying 2,500 units of BlackRock Municipal Bond Trust stock on 14 November 2016 worth over $8,675. On average, Richard trades about 30 units every 14 days since 2003. As of 29 June 2021 he still owns at least 97 units of BlackRock Municipal Bond Trust stock.
You can see the complete history of Mr. Cavanagh stock trades at the bottom of the page.
Richard E. Cavanagh serves as Independent Co-Chairman of the Board of Trustee of the Company. Mr. Cavanagh brings to the Boards a wealth of practical business knowledge and leadership as an experienced director/trustee of various public and private companies. In particular, because Mr. Cavanagh served for over a decade as President and Chief Executive Officer of The Conference Board, Inc., a global business research organization, he is able to provide the Boards with expertise about business and economic trends and governance practices. Mr. Cavanagh created the “blue ribbon” Commission on Public Trust and Private Enterprise in 2002, which recommended corporate governance enhancements. Mr. Cavanagh’s service as a director of The Guardian Life Insurance Company of America and as a senior advisor and director of The Fremont Group provides added insight into investment trends and conditions. Mr. Cavanagh’s long-standing service on the Boards also provides him with a specific understanding of the Funds, their operations, and the business and regulatory issues facing the Funds. Mr. Cavanagh is also an experienced board leader, having served as the lead independent director of a NYSE public company (Arch Chemicals) and as the Board Chairman of the Educational Testing Service. Mr. Cavanagh’s independence from the Funds and the Advisor enhances his service as Co-Chair of the Boards, Chair of the Executive Committee and a member of the Compliance Committee, the Governance Committee and the Performance Oversight Committee.
As the Independent Co-Chairman of the Board of Trustee of BlackRock Municipal Bond Trust, the total compensation of Richard Cavanagh at BlackRock Municipal Bond Trust is $2,075. There are no executives at BlackRock Municipal Bond Trust getting paid more.
Richard Cavanagh is 74, he's been the Independent Co-Chairman of the Board of Trustee of BlackRock Municipal Bond Trust since 2018. There are no older and 13 younger executives at BlackRock Municipal Bond Trust.
Over the last 21 years, insiders at BlackRock Municipal Bond Trust have traded over $160,082,154 worth of BlackRock Municipal Bond Trust stock and bought 17,626 units worth $395,170 . The most active insiders traders include Inc Citigroup, Of America Corp /De/Merrill..., ePeter Hayes. On average, BlackRock Municipal Bond Trust executives and independent directors trade stock every 298 days with the average trade being worth of $22,864. The most recent stock trade was executed by Chase Bank, N.A. Jp Morgan on 8 March 2021, trading 799 units of BBK stock currently worth $12,369.
BlackRock Municipal Bond Trust executives and other stock owners filed with the SEC include: