Karl  Sprules net worth and biography

Karl Sprules Biography and Net Worth

Senior Vice President and the Chief Operating Officer of AllianceBernstein
Karl Sprules is a Senior Vice President and the Chief Operating Officer of AB, responsible for overseeing Audit; Diversity, Equity & Inclusion and Corporate Citizenship; Global Technology & Operations; Legal & Compliance; Real Estate; and Risk. He was previously the head of Global Technology & Operations, having assumed the role in 2019. Sprules joined the AB technology department in 1998 as a senior systems engineer in London. From 2012 to 2020, he served as AB’s chief technology officer, and in 2018 he led the Technology & Operations division’s move to AB’s new headquarters in Nashville. In 2012, Sprules became head of Infrastructure Services for Equities, managing the Investment Operations, Operational Risk and Technology teams. From 2005 to 2012, he led technology for AB’s Private Client, Institutional and Client Groups. In 1999, Sprules was named director of the Internet Services Group. Before joining the firm, he was a developer for two years at HSBC. Prior to that, Sprules held research analyst positions in cellular and defense product development.

What is Karl Sprules' net worth?

The estimated net worth of Karl Sprules is at least $2.29 million as of December 14th, 2022. Mr. Sprules owns 68,309 shares of AllianceBernstein stock worth more than $2,293,816 as of April 27th. This net worth estimate does not reflect any other assets that Mr. Sprules may own. Additionally, Mr. Sprules receives an annual salary of $2,460,000.00 as Senior Vice President and the Chief Operating Officer at AllianceBernstein. Learn More about Karl Sprules' net worth.

How old is Karl Sprules?

Mr. Sprules is currently 50 years old. There are 6 older executives and no younger executives at AllianceBernstein. The oldest executive at AllianceBernstein is Mr. Seth Perry Bernstein, President & Director, who is 63 years old. Learn More on Karl Sprules' age.

What is Karl Sprules' salary?

As the Senior Vice President and the Chief Operating Officer of AllianceBernstein Holding L.P., Mr. Sprules earns $2,460,000.00 per year. There are 3 executives that earn more than Mr. Sprules. The highest earning executive at AllianceBernstein is Mr. Seth Perry Bernstein, President & Director, who commands a salary of $5,130,000.00 per year. Learn More on Karl Sprules' salary.

How do I contact Karl Sprules?

The corporate mailing address for Mr. Sprules and other AllianceBernstein executives is 1345 AVENUE OF THE AMERICAS, NEW YORK NY, 10105. AllianceBernstein can also be reached via phone at (615) 622-0000 and via email at [email protected]. Learn More on Karl Sprules' contact information.

Has Karl Sprules been buying or selling shares of AllianceBernstein?

Karl Sprules has not been actively trading shares of AllianceBernstein over the course of the past ninety days. Most recently, Karl Sprules sold 77,000 shares of the business's stock in a transaction on Wednesday, December 14th. The shares were sold at an average price of $38.76, for a transaction totalling $2,984,520.00. Following the completion of the sale, the insider now directly owns 68,309 shares of the company's stock, valued at $2,647,656.84. Learn More on Karl Sprules' trading history.

Who are AllianceBernstein's active insiders?

AllianceBernstein's insider roster includes Kate Burke (CFO), Laurence Cranch (Insider), Mark Manley (Insider), Karl Sprules (Senior Vice President and the Chief Operating Officer), and Charles Stonehill (Director). Learn More on AllianceBernstein's active insiders.

Are insiders buying or selling shares of AllianceBernstein?

During the last year, insiders at the asset manager sold shares 2 times. They sold a total of 17,500 shares worth more than $570,175.00. The most recent insider tranaction occured on August, 10th when CFO Kate C Burke sold 5,000 shares worth more than $147,800.00. Insiders at AllianceBernstein own 2.7% of the company. Learn More about insider trades at AllianceBernstein.

Information on this page was last updated on 8/10/2023.

Karl Sprules Insider Trading History at AllianceBernstein

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
12/14/2022Sell77,000$38.76$2,984,520.0068,309View SEC Filing Icon  
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Karl Sprules Buying and Selling Activity at AllianceBernstein

This chart shows Karl Sprules's buying and selling at AllianceBernstein by year and by quarter.

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AllianceBernstein Company Overview

AllianceBernstein logo
AllianceBernstein Holding L.P. is a publicly owned investment manager. The firm is a related adviser The firm manages separate client focused portfolios for its clients. The firm primarily invests in common and preferred stocks, warrants and convertible securities, government and corporate fxed-income securities, commodities, currencies, real estate-related assets and infation-protected securities. The firm employs quantitative analysis along with long-term purchases, short-term purchases, trading, short sales, margin transactions, option strategies including writing covered options, uncovered options and spread strategies to make its investments. The firm obtains external research to complement its in-house research. The firm was formerly known as Alliance Capital Management Holding LP. AllianceBernstein Holding L.P. was founded in 1967 and is based in Nashville,Tennessee.
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Today's Range

Now: $33.58
Low: $32.84
High: $34.18

50 Day Range

MA: $33.63
Low: $31.76
High: $35.00

2 Week Range

Now: $33.58
Low: $25.83
High: $35.84

Volume

609,209 shs

Average Volume

344,368 shs

Market Capitalization

$3.84 billion

P/E Ratio

14.41

Dividend Yield

9.19%

Beta

1.25