Kristian Robert  Salovaara net worth and biography

Kristian Salovaara Biography and Net Worth

VP of Crane

Kris Salovaara joined Crane as Vice President, Business Development in May 2011 and added responsibility for corporate strategy in January 2014. Kris works closely with the executive team and business units in all acquisition, divestiture and corporate strategy activities.

Kris has approximately 25 years of experience in the mergers & acquisitions, investment banking and business development arenas. Prior to joining Crane, Kris was a Managing Director at FBR Capital Markets & Co. where he was responsible for originating and executing a full array of investment banking services across a wide range of business segments, including industrial, educational services, media, transportation, financial services, and real estate.

Early in his career, Kris had increasing roles of responsibility in the Investment Banking Division of Goldman, Sachs, from where he was recruited to Bear, Stearns & Co. Inc. in the role of Managing Director for both the Media and Telecom Banking Groups in New York. Kris also held other senior positions at Helander Partners LLC, where he was a Managing Director, and Watch Hill Partners LLC, where he was a Founding Partner.

What is Kristian Robert Salovaara's net worth?

The estimated net worth of Kristian Robert Salovaara is at least $7.88 million as of August 26th, 2020. Mr. Salovaara owns 54,437 shares of Crane stock worth more than $7,877,034 as of April 26th. This net worth evaluation does not reflect any other investments that Mr. Salovaara may own. Learn More about Kristian Robert Salovaara's net worth.

How do I contact Kristian Robert Salovaara?

The corporate mailing address for Mr. Salovaara and other Crane executives is 100 FIRST STAMFORD PLACE, STAMFORD CT, 06902. Crane can also be reached via phone at 203-363-7300 and via email at [email protected]. Learn More on Kristian Robert Salovaara's contact information.

Has Kristian Robert Salovaara been buying or selling shares of Crane?

Kristian Robert Salovaara has not been actively trading shares of Crane over the course of the past ninety days. Most recently, Kristian Robert Salovaara sold 22,575 shares of the business's stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $57.81, for a transaction totalling $1,305,060.75. Following the completion of the sale, the vice president now directly owns 54,437 shares of the company's stock, valued at $3,147,002.97. Learn More on Kristian Robert Salovaara's trading history.

Who are Crane's active insiders?

Crane's insider roster includes Alejandro Alcala (SVP), Donald Cook (Director), Kurt Gallo (SVP), Richard Maue (CFO), Max Mitchell (CEO), Kristian Salovaara (VP), Edward Switter (VP), and James Tullis (Director). Learn More on Crane's active insiders.

Are insiders buying or selling shares of Crane?

In the last year, insiders at the conglomerate sold shares 3 times. They sold a total of 87,564 shares worth more than $8,161,127.01. The most recent insider tranaction occured on November, 28th when CEO Max H Mitchell sold 22,542 shares worth more than $2,399,595.90. Insiders at Crane own 2.4% of the company. Learn More about insider trades at Crane.

Information on this page was last updated on 11/28/2023.

Kristian Robert Salovaara Insider Trading History at Crane

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
8/26/2020Sell22,575$57.81$1,305,060.7554,437View SEC Filing Icon  
11/7/2018Sell3,000$93.09$279,270.0018,496View SEC Filing Icon  
11/1/2018Sell13,367$89.53$1,196,747.5134,863View SEC Filing Icon  
8/4/2017Sell9,200$76.20$701,040.0024,786View SEC Filing Icon  
2/3/2017Sell15,494$74.85$1,159,725.9029,280View SEC Filing Icon  
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Kristian Robert Salovaara Buying and Selling Activity at Crane

This chart shows Kristian Robert Salovaara's buying and selling at Crane by year and by quarter.

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Crane Company Overview

Crane logo
Crane Company, together with its subsidiaries, manufactures and sells engineered industrial products in the United States, Canada, the United Kingdom, Continental Europe, and internationally. The company operates in three segments: Aerospace & Electronics, Process Flow Technologies, and Engineered Materials. The Aerospace & Electronics segment supplies critical components and systems, including original equipment and aftermarket parts for commercial aerospace, as well as the military aerospace, defense, and space markets. This segment also offers pressure sensors for aircraft engine control, aircraft braking systems for commercial aircraft and fighter jets, power conversion solutions for spacecraft, and lubrication systems. The Process Flow Technologies segment provides engineered fluid handling equipment for mission-critical applications. It offers process valves and related products, such as lined pipe, fittings and hoses, air-operated diaphragm and peristaltic pumps, instrumentation and sampling systems, valve positioning and control systems, and valve diagnostic and calibration systems; commercial valves; and pumps and systems. The Engineered Materials segment manufactures fiberglass-reinforced plastic panels and coils for use in the manufacturing of recreational vehicles, as well as in commercial and industrial building applications. This segment sells directly to RV, trailer, and truck manufacturers, as well as through distributors and retailers. The company provides its products and solutions to end markets, including commercial and military aerospace, defense, and space; chemical and pharmaceutical production; water and wastewater; non-residential and municipal construction; energy; and other general industrial and consumer-related applications. The company was formerly known as Crane Holdings, Co. Crane Company was founded in 1855 and is based in Stamford, Connecticut.
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Today's Range

Now: $144.70
Low: $143.60
High: $146.29

50 Day Range

MA: $130.37
Low: $119.12
High: $142.25

2 Week Range

Now: $144.70
Low: $67.28
High: $146.29

Volume

154,020 shs

Average Volume

244,027 shs

Market Capitalization

$8.26 billion

P/E Ratio

19.17

Dividend Yield

0.63%

Beta

1.49