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Jeanmarie F. Desmond net worth and biography

Jeanmarie Desmond Biography and Net Worth

Director of IPG Photonics

Ms. Jeanmarie F. Desmond was the Executive Vice President and Chief Financial Officer of DuPont de Nemours, Inc., a global multi-industry specialty solutions company (“DuPont”) from April 2019 to February 2020. Ms. Desmond served as Vice President and Co-Controller for DuPont from August 2017 to April 2019, and as finance leader for the Specialty Products division following the merger of DuPont with Dow Chemical. Ms. Desmond served in various leadership roles within DuPont in her 30-year career with the company. She also served on the board and was treasurer of the Delaware Prosperity Partnership, a public-private partnership overseeing economic development in Delaware from September 2017 to September 2022. Since 2020, she has served on the board of Trinseo PLC a materials solutions provider and a manufacturer of plastics, latex binders and synthetic rubber. In October 2021, she joined the board of Sylvamo Corporation, a global producer of uncoated paper. Ms. Desmond earned a B.S. in Accounting from Mt. St. Mary’s University and is a certified public accountant (inactive).

What is Jeanmarie F. Desmond's net worth?: The estimated net worth of Jeanmarie F. Desmond is at least $1.69 million as of September 13th, 2023. Ms. Desmond owns 19,128 shares of IPG Photonics stock worth more than $1,690,915 as of April 26th. This net worth estimate does not reflect any other investments that Ms. Desmond may own. Learn More about Jeanmarie F. Desmond's net worth.
How do I contact Jeanmarie F. Desmond?: The corporate mailing address for Ms. Desmond and other IPG Photonics executives is 50 OLD WEBSTER ROAD, OXFORD MA, 01540. IPG Photonics can also be reached via phone at (508) 373-1100 and via email at [email protected]. Learn More on Jeanmarie F. Desmond's contact information.
Has Jeanmarie F. Desmond been buying or selling shares of IPG Photonics?: Jeanmarie F. Desmond has not been actively trading shares of IPG Photonics during the last ninety days. Most recently, Jeanmarie F. Desmond sold 1,180 shares of the business's stock in a transaction on Wednesday, May 24th. The shares were sold at an average price of $109.70, for a transaction totalling $129,446.00. Following the completion of the sale, the director now directly owns 5,304 shares of the company's stock, valued at $581,848.80. Learn More on Jeanmarie F. Desmond's trading history.
Who are IPG Photonics' active insiders?: IPG Photonics' insider roster includes Thomas Burgomaster (CAO), Jeanmarie Desmond (Director), Valentin Gapontsev (CEO), Angelo Lopresti (SVP), Timothy Mammen (CFO), Eric Meurice (Director), Trevor Ness (SVP), Alexander Ovtchinnikov (SVP), John Peeler (Director), Igor Samartsev (CTO), Thomas Seifert (Director), and Eugene Shcherbakov (CEO). Learn More on IPG Photonics' active insiders.
Are insiders buying or selling shares of IPG Photonics?: During the last twelve months, insiders at the semiconductor company sold shares 25 times. They sold a total of 147,740 shares worth more than $15,511,425.60. The most recent insider tranaction occured on April, 23rd when Major Shareholder Valentin Gapontsev Trust I sold 9,000 shares worth more than $772,740.00. Insiders at IPG Photonics own 37.1% of the company. Learn More about insider trades at IPG Photonics.
Information on this page was last updated on 4/23/2024.

Jeanmarie F. Desmond Insider Trading History at IPG Photonics

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details
5/24/2023	Sell	1,180	$109.70	$129,446.00	5,304

Jeanmarie F. Desmond Buying and Selling Activity at IPG Photonics

IPG Photonics Company Overview

IPG Photonics Corporation develops, manufactures, and sells various high-performance fiber lasers, fiber amplifiers, and diode lasers used in various applications primarily in materials processing worldwide. Its laser products include hybrid fiber-solid state lasers with green and ultraviolet wavelengths; fiber pigtailed packaged diodes and fiber coupled direct diode laser systems; high-energy pulsed lasers, multi-wavelength and tunable lasers, and single-polarization and single-frequency lasers; and high-power optical fiber delivery cables, fiber couplers, beam switches, chillers, scanners, and other accessories. The company also offers integrated laser systems; LightWELD, a handheld laser welding system; 2D compact flat sheet cutter systems and multi-axis systems for fine welding, cutting, and drilling; welding seam stepper and picker, a fiber laser welding tool; high precision laser systems; specialized fiber laser systems for material processing applications; robotic and multi-axis workstations for welding, cutting and cladding, flatbed cutting systems, and diode markers; and laser and non-laser robotic welding and automation solutions. It serves materials processing, communications, medical procedures, and advanced applications and communications markets. The company markets its products to original equipment manufacturers, system integrators, and end users through direct sales force, as well as through agreements with independent sales representatives and distributors. IPG Photonics Corporation was founded in 1990 and is headquartered in Marlborough, Massachusetts.

Today's Range

Now: $88.40

$87.82

$89.83

50 Day Range

MA: $87.69

$84.27

$91.02

2 Week Range

Now: $88.40

$83.00

$141.85

Volume

251,258 shs

Average Volume

291,232 shs

Market Capitalization

$4.08 billion

P/E Ratio

19.13

Dividend Yield

N/A

Beta

1.19

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