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Patrick S. Shannon net worth and biography

Patrick Shannon Biography and Net Worth

CFO of Allegion

Patrick Shannon is senior vice president and chief financial officer (CFO) for Allegion.

As CFO, Patrick leads Allegion’s financial strategy and is responsible for the company’s global financial organization, including accounting, audit, business development, investor relations, tax and treasury functions.

In this role, Patrick was named CFO of the Year (Public Company) by the Indianapolis Business Journal for his contribution to Allegion’s growth, profitability and other areas of corporate management.

Previously, Patrick served as vice president and treasurer for Ingersoll Rand, a post he held from August 2012 until Allegion became an independent, standalone company in December 2013.

Patrick joined Ingersoll Rand in 2002 as vice president of finance for what was known as its “infrastructure sector” at that time. During his tenure there, Patrick additionally held operating and financial leadership roles for Trane commercial systems, strategy and business development as well as audit services.

Prior to Ingersoll Rand, Patrick was senior vice president and CFO for OneCoast Network Corporation. He also served in numerous domestic and international financial management positions with increasing responsbility for AGCO Corporation, ultimately leading to his role as the company’s senior vice president and CFO. Patrick started his career with Arthur Andersen LLP.

Patrick earned a bachelor’s degree in business administration from the University of Georgia and a master’s degree in business administration from Mercer University. He is a Certified Public Accountant.

What is Patrick S. Shannon's net worth?: The estimated net worth of Patrick S. Shannon is at least $8.59 million as of March 9th, 2018. Mr. Shannon owns 68,790 shares of Allegion stock worth more than $8,587,744 as of April 25th. This net worth approximation does not reflect any other investments that Mr. Shannon may own. Learn More about Patrick S. Shannon's net worth.
How do I contact Patrick S. Shannon?: The corporate mailing address for Mr. Shannon and other Allegion executives is BLOCK D IVEAGH COURT HARCOURT ROAD, DUBLIN L2, 46032. Allegion can also be reached via phone at (531) 254-6200 and via email at [email protected]. Learn More on Patrick S. Shannon's contact information.
Has Patrick S. Shannon been buying or selling shares of Allegion?: Patrick S. Shannon has not been actively trading shares of Allegion during the last quarter. Most recently, Patrick S. Shannon sold 3,826 shares of the business's stock in a transaction on Monday, October 25th. The shares were sold at an average price of $131.50, for a transaction totalling $503,119.00. Learn More on Patrick S. Shannon's trading history.
Who are Allegion's active insiders?: Allegion's insider roster includes Jeffrey Braun (SVP), Timothy Eckersley (VP), Jennifer Hawes (SVP), Tracy Kemp (SVP), Robert Martens (SVP), David Petratis (CEO), Douglas Ranck (CAO), Patrick Shannon (CFO), and John Stone (CEO). Learn More on Allegion's active insiders.
Are insiders buying or selling shares of Allegion?: During the last twelve months, Allegion insiders bought shares 2 times. They purchased a total of 27,500 shares worth more than $3,364,950.00. During the last twelve months, insiders at the scientific and technical instruments company sold shares 5 times. They sold a total of 17,534 shares worth more than $2,161,274.85. The most recent insider tranaction occured on March, 11th when VP Timothy P Eckersley sold 5,047 shares worth more than $656,059.53. Insiders at Allegion own 0.9% of the company. Learn More about insider trades at Allegion.
Information on this page was last updated on 3/11/2024.

Patrick S. Shannon Insider Trading History at Allegion

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
10/25/2021	Sell	3,826	$131.50	$503,119.00
10/25/2019	Sell	20,421	$115.43	$2,357,196.03
2/20/2019	Sell	34,898	$87.44	$3,051,481.12
3/9/2018	Sell	20,200	$85.83	$1,733,766.00	68,790

Patrick S. Shannon Buying and Selling Activity at Allegion

Allegion Company Overview

Allegion plc manufactures and sells mechanical and electronic security products and solutions worldwide. The company offers door controls and systems and exit devices; locks, locksets, portable locks, and key systems and services; electronic security products and access control systems; time, attendance, and workforce productivity systems; doors, accessories, and other. It also provides services and software, which includes inspection, maintenance, and repair services for its automatic entrance solutions; and software as a service, including access control, IoT integration, and workforce management solutions, as well as aftermarket services, design and installation offerings, and locksmith services. The company sells its products and solutions to end-users in commercial, institutional, and residential facilities, including education, healthcare, government, hospitality, retail, commercial office, and single and multi-family residential markets under the CISA, Interflex, LCN, Schlage, SimonsVoss, and Von Duprin brands. It sells its products and solutions through distribution and retail channels, such as specialty distribution, e-commerce, and wholesalers, as well as through various retail channels comprising do-it-yourself home improvement centers, online and e-commerce platforms, and small specialty showroom outlets. Allegion plc was incorporated in 2013 and is headquartered in Dublin, Ireland.

Today's Range

Now: $124.84

$123.16

$127.77

50 Day Range

MA: $130.31

$124.84

$135.29

2 Week Range

Now: $124.84

$95.94

$136.91

Volume

931,973 shs

Average Volume

715,848 shs

Market Capitalization

$10.92 billion

P/E Ratio

20.40

Dividend Yield

1.51%

Beta

1.14

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