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William H. Schumann, III net worth and biography

William Schumann, III Biography and Net Worth

Director of Avnet

Retired Executive Vice President and Chief Financial Officer, FMC Technologies, Inc.

William H. Schumann, III, served as chief financial officer of FMC Technologies, Inc., a leading provider of technology solutions for the energy industry and other industrial markets, worldwide, from 2001 until his retirement from that position in November 2011. Mr. Schumann joined FMC Corporation in 1981 as director of pension investments and served in various management positions throughout that decade, including treasurer in 1987. Mr. Schumann was named vice president of corporate development in 1998 and served as senior vice president and chief financial officer of FMC Corporation from 1999 until the creation and spin off of FMC Technologies in 2001. He was elected to his first vice president role in 1995, when he was also appointed general manager of the company’s Agricultural Products Group. He served as executive director of corporate development from 1991 to 1993, when he joined the company’s Agricultural Products Group as director of North American operations.

In 2010, Mr. Schumann was voted one of the top CFOs in oilfield service and equipment by sell-side analysts. Mr. Schumann earned a bachelor’s degree in systems engineering from the University of California at Los Angeles and a master’s degree in management science from the Marshall School of Business at the University of Southern California.

Mr. Schumann previously served on the board of McDermott International Inc. (NYSE:MDR) from 2012 to 2020, Andeavor Corporation from 2016 to its acquisition by Marathon in 2018, Great Lakes Advisors, Inc. from 1993 to 2011, AMCOL International from 2012 to 2014 and URS Corporation prior to its acquisition by AECOM Technology Corporation in 2014. Mr. Schumann also serves on the board of the Lake Forest Lake Bluff Historical Society.

Mr. Schumann was elected to the Avnet board in 2010. From November 2012 to November 2018, Mr. Schumann served as Avnet’s Chairman of the Board. He currently serves on the Audit Committee and Finance Committee.

How do I contact William H. Schumann, III?: The corporate mailing address for Mr. Schumann, III and other Avnet executives is 2211 SOUTH 47TH STREET, PHOENIX AZ, 85034. Avnet can also be reached via phone at (480) 643-2000 and via email at [email protected]. Learn More on William H. Schumann, III's contact information.
Has William H. Schumann, III been buying or selling shares of Avnet?: William H. Schumann, III has not been actively trading shares of Avnet during the last ninety days. Learn More on William H. Schumann, III's trading history.
Who are Avnet's active insiders?: Avnet's insider roster includes Ken Arnold (SVP), Dayna Badhorn (VP), Leng Chan (Insider), Philip Gallagher (CEO), Kenneth Jacobson (Insider), Oleg Khaykin (Director), James Lawrence (Director), Thomas Liguori (CFO), Elizabeth McMullen (VP), and William Schumann, III (Director). Learn More on Avnet's active insiders.
Are insiders buying or selling shares of Avnet?: In the last year, insiders at the sold shares 3 times. They sold a total of 113,781 shares worth more than $4,778,344.19. The most recent insider tranaction occured on November, 24th when Director James A. Lawrence sold 8,190 shares worth more than $387,387.00. Insiders at Avnet own 1.3% of the company. Learn More about insider trades at Avnet.
Information on this page was last updated on 11/24/2023.

William H. Schumann, III Insider Trading History at Avnet

William H. Schumann, III Buying and Selling Activity at Avnet

Avnet Company Overview

Avnet, Inc., distributes electronic component technology. The company operates through two segments, Electronic Components and Farnell. The Electronic Components segment markets, sells, and distributes semiconductors; interconnect, passive, and electromechanical components; and other integrated components from electronic component manufacturers. It also offers design chain support that provides engineers with technical design solutions; engineering and technical resources to support product design, bill of materials development, and technical education and training; and supply chain solutions that provide support and logistical services to original equipment manufacturers, electronic manufacturing service providers, and electronic component manufacturers. In addition, this segment provides embedded solutions, such as technical design, integration, and assembly of embedded products, systems, and solutions primarily for industrial applications, as well as embedded display solutions comprising touch and passive displays; and develops and manufactures standard board and industrial subsystems, and application-specific devices that enable it to produce systems tailored to specific customer requirements. This segment serves various markets, such as automotive, medical, defense, aerospace, telecommunications, industrial, and digital editing. The Farnell segment distributes kits, tools, and electronic and industrial automation components, as well as test and measurement products to engineers and entrepreneurs. It has operations in the Americas, Europe, the Middle East, Africa, and Asia. Avnet, Inc. was founded in 1921 and is headquartered in Phoenix, Arizona.

Today's Range

Now: $49.95

$49.55

$50.10

50 Day Range

MA: $47.49

$45.04

$49.58

2 Week Range

Now: $49.95

$39.64

$51.65

Volume

131,759 shs

Average Volume

563,996 shs

Market Capitalization

$4.51 billion

P/E Ratio

6.90

Dividend Yield

2.52%

Beta

1.24

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