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Richard Danforth net worth and biography

Richard Danforth Biography and Net Worth

CEO of Genasys

Mr. Danforth has over 30 years of defense and aerospace industry experience including executive leadership positions with two of the world’s largest defense contractors, Raytheon Company (NYSE: RTN), and DRS Technologies Inc, a wholly owned subsidiary of Leonardo-Finmeccanica (BIT: LDO). Mr. Danforth joins LRAD Corporation after having served at DRS Technologies as Group President of DRS Integrated Defense Systems & Service (2013 – 2014); Chief Executive Officer, President and Board Member of DRS Defense Solutions (2008 – 2012); President, Command Control & Communication (2005 – 2008); President, Navy Electronics & Intelligence Systems (2004 – 2005); and Executive Vice President, Electronics Systems Group (2002 – 2004). He began his career at Raytheon in 1982 and held various manufacturing, quality assurance and program manager positions until 1996. Mr. Danforth was then appointed Vice President of Operations for Raytheon Aircraft Company (1996 – 2000). In 2000, he was named Senior Vice President of Raytheon Aircraft Company’s Commercial Aircraft Business division, where he led 370 sales, marketing and customer service staff. In 2014, Mr. Danforth formed the strategic business consulting firm, RsD Aero, Ltd., which provides consulting services for the Defense, Aerospace, Space and Transportation sectors, with an emphasis on M&A and Transatlantic trade. From 2007 – 2013, he was Chairman of the Board for Advanced Acoustic Concepts, a submarine and mine warfare software solutions company formed as a joint venture between DRS Technologies and the Thales Group. Mr. Danforth has a Bachelor of Science in Industrial Technology from the University of Massachusetts Lowell and a Masters in Engineering Management from Western New England College.

How old is Richard Danforth?: Mr. Danforth is currently 64 years old. There are 2 older executives and no younger executives at Genasys. The oldest executive at Genasys is Ms. Karen E. Bowling, VP & Director of Marketing, who is 69 years old. Learn More on Richard Danforth's age.
How do I contact Richard Danforth?: The corporate mailing address for Mr. Danforth and other Genasys executives is 16262 WEST BERNARDO DRIVE, SAN DIEGO CA, 92127. Genasys can also be reached via phone at (858) 676-1112 and via email at [email protected]. Learn More on Richard Danforth's contact information.
Has Richard Danforth been buying or selling shares of Genasys?: Richard Danforth has not been actively trading shares of Genasys over the course of the past ninety days. Most recently, on Monday, December 6th, Richard Danforth bought 6,500 shares of Genasys stock. The stock was acquired at an average cost of $3.85 per share, with a total value of $25,025.00. Learn More on Richard Danforth's trading history.
Who are Genasys' active insiders?: Genasys' insider roster includes Scott Anchin (Director), Laura Clague (Director), John Coburn (Director), and Richard Danforth (CEO). Learn More on Genasys' active insiders.
Are insiders buying or selling shares of Genasys?: During the last year, Genasys insiders bought shares 5 times. They purchased a total of 1,485,000 shares worth more than $2,965,900.00. The most recent insider tranaction occured on December, 14th when Director Scott L Anchin bought 20,000 shares worth more than $37,000.00. Insiders at Genasys own 3.5% of the company. Learn More about insider trades at Genasys.
Information on this page was last updated on 12/14/2023.

Richard Danforth Insider Trading History at Genasys

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details
12/6/2021	Buy	6,500	$3.85	$25,025.00

Richard Danforth Buying and Selling Activity at Genasys

Genasys Company Overview

Genasys Inc. engages in the design, development, and commercialization of critical communications hardware and software solutions to alert, inform, and protect people principally in North and South America, Europe, the Middle East, Asia, and internationally. The company operates through two segments, Hardware and Software. It provides Genasys Protect ALERT, an interactive, cloud-based SaaS solution that is designed to enable SLED and enterprise customers to send critical information to at-risk individuals or groups when an emergency occurs using emails, voice calls, text messages, panic buttons, desktop alerts, TV, social media, and other; and Genasys Protect EVAC that enables responding agencies to determine and communicate the proper scope of a response or evacuation by replacing guesswork with data-driven intelligence; and Genasys Protect CONNECT, an instant communication platform that enables first responders and public safety personnel to collaborate and share information in a single space with text, videos, images, and audio from any location. The company also offers Genasys Protect ACOUSTICS, a mass notification speaker system with Genasys protect command-and-control software; and long range acoustic devices, such as acoustic hailing devices which are used to project alert tones and audible voice messages. It sells its products directly to governments, militaries, end-users, and commercial companies. The company was formerly known as LRAD Corporation. Genasys Inc. was incorporated in 1992 and is based in San Diego, California.

Today's Range

Now: $2.08

$2.04

$2.11

50 Day Range

MA: $2.08

$1.78

$2.45

2 Week Range

Now: $2.08

$1.51

$3.92

Volume

1,188 shs

Average Volume

90,336 shs

Market Capitalization

$91.58 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

0.48

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