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Volker Weng Biography and Net Worth

VP of BorgWarner

Dr. Weng was appointed Vice President of BorgWarner Inc. and President and General Manager, Drivetrain Systems, in February 2021. In this role, Volker oversees BorgWarner’s global Drivetrain Systems business. Prior to this role Volker also held top positions in other BorgWarner businesses including President and General Manager, Transmission Systems and President and General Manager, Emissions and Thermal Systems.

Volker has held a number of positions since joining BorgWarner in 2004 including Vice President and General Manager Turbo Systems Asia and Europe for Emissions and Thermal Systems, General Manager Turbo Systems China and Director of Operations of the Kirchheimbolanden, Germany plant.

Prior to joining BorgWarner, Volker worked at FEV in advanced engine technology with increasing responsibilities within the engine simulation team.

Dr. Weng holds a diploma degree in mechanical engineering, a Doctorate in Combustion Engines from Karlsruhe University, and a Master of Business Administration degree from Mainz University.

What is Volker Weng's net worth?: The estimated net worth of Volker Weng is at least $3.67 million as of March 7th, 2024. Mr. Weng owns 111,964 shares of BorgWarner stock worth more than $3,672,419 as of April 20th. This net worth approximation does not reflect any other assets that Mr. Weng may own. Learn More about Volker Weng's net worth.
How do I contact Volker Weng?: The corporate mailing address for Mr. Weng and other BorgWarner executives is 3850 HAMLIN RD., AUBURN HILLS MI, 48326. BorgWarner can also be reached via phone at (248) 754-9200 and via email at [email protected]. Learn More on Volker Weng's contact information.
Has Volker Weng been buying or selling shares of BorgWarner?: Volker Weng has not been actively trading shares of BorgWarner over the course of the past ninety days. Most recently, Volker Weng sold 20,000 shares of the business's stock in a transaction on Thursday, March 7th. The shares were sold at an average price of $32.85, for a transaction totalling $657,000.00. Following the completion of the sale, the vice president now directly owns 111,964 shares of the company's stock, valued at $3,678,017.40. Learn More on Volker Weng's trading history.
Who are BorgWarner's active insiders?: BorgWarner's insider roster includes Craig Aaron (VP), Tonit Calaway (EVP), Stefan Demmerle (VP), Brady Ericson (VP), Joseph Fadool (VP), Paul Farrell (VP), Davide Girelli (VP), Frederic Lissalde (CEO), Alexis Michas (Director), Kevin Nowlan (CFO), Felecia Pryor (EVP), and Volker Weng (VP). Learn More on BorgWarner's active insiders.
Are insiders buying or selling shares of BorgWarner?: During the last twelve months, insiders at the auto parts company sold shares 8 times. They sold a total of 299,886 shares worth more than $9,582,175.30. The most recent insider tranaction occured on March, 13th when VP Stefan Demmerle sold 3,000 shares worth more than $99,000.00. Insiders at BorgWarner own 0.5% of the company. Learn More about insider trades at BorgWarner.
Information on this page was last updated on 3/13/2024.

Volker Weng Insider Trading History at BorgWarner

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
3/7/2024	Sell	20,000	$32.85	$657,000.00	111,964
3/5/2021	Sell	2,973	$46.91	$139,463.43
3/3/2021	Sell	3,198	$47.43	$151,681.14

Volker Weng Buying and Selling Activity at BorgWarner

BorgWarner Company Overview

BorgWarner Inc., together with its subsidiaries, provides solutions for combustion, hybrid, and electric vehicles worldwide. It offers turbochargers, eBoosters, eTurbos, timing systems, emissions systems, thermal systems, gasoline ignition technology, smart remote actuators, powertrain sensors, cabin heaters, battery modules and systems, battery heaters, and battery charging. The company provides power electronics, control modules, software, friction, and mechanical products for automatic transmissions and torque-management products. It sells its products to original equipment manufacturers of light vehicles, which comprise passenger cars, sport-utility vehicles, vans, and light trucks; commercial vehicles, including medium-duty and heavy-duty trucks, and buses; and off-highway vehicles, such as agricultural and construction machinery, and marine applications, as well as to tier one vehicle systems suppliers and the aftermarket for light, commercial, and off-highway vehicles. The company was formerly known as Borg-Warner Automotive, Inc. BorgWarner Inc. was incorporated in 1987 and is headquartered in Auburn Hills, Michigan.

Today's Range

Now: $32.80

$31.98

$32.82

50 Day Range

MA: $32.52

$30.16

$35.61

2 Week Range

Now: $32.80

$29.51

$50.04

Volume

2,222,763 shs

Average Volume

2,531,694 shs

Market Capitalization

$7.54 billion

P/E Ratio

12.28

Dividend Yield

1.37%

Beta

1.31

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