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Timothy Mammen Biography and Net Worth

CFO of IPG Photonics

Timothy P.V. Mammen has served as IPG’s Chief Financial Officer since July 2000 and a Vice President since November 2000. He was promoted to Senior Vice President in February 2013. Between May 1999 and July 2000, Mr. Mammen served as the Group Finance Director and General Manager of the United Kingdom operations for IPFD. Mr. Mammen was Finance Director and General Manager of United Partners Plc, a commodities trading firm, from 1995 to 1999 and prior to that he worked in the finance department of E.I. du Pont de Nemours and Company. Mr. Mammen holds an Upper Second B.Sc. Honours degree in International Trade and Development from the London School of Economics and Political Science. Also, he is a Chartered Accountant and a member of the Institute of Chartered Accountants of Scotland.

What is Timothy P.V. Mammen's net worth?: The estimated net worth of Timothy P.V. Mammen is at least $4.60 million as of June 16th, 2022. Mr. Mammen owns 53,493 shares of IPG Photonics stock worth more than $4,600,398 as of April 24th. This net worth evaluation does not reflect any other assets that Mr. Mammen may own. Additionally, Mr. Mammen receives a salary of $802,480.00 as CFO at IPG Photonics. Learn More about Timothy P.V. Mammen's net worth.
How old is Timothy P.V. Mammen?: Mr. Mammen is currently 54 years old. There are 5 older executives and no younger executives at IPG Photonics. The oldest executive at IPG Photonics is Dr. Eugene A. Scherbakov Ph.D., CEO & Director, who is 76 years old. Learn More on Timothy P.V. Mammen's age.
What is Timothy P.V. Mammen's salary?: As the CFO of IPG Photonics Co., Mr. Mammen earns $802,480.00 per year. The highest earning executive at IPG Photonics is Dr. Eugene A. Scherbakov Ph.D., CEO & Director, who commands a salary of $1,640,000.00 per year. Learn More on Timothy P.V. Mammen's salary.
How do I contact Timothy P.V. Mammen?: The corporate mailing address for Mr. Mammen 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 Timothy P.V. Mammen's contact information.
Has Timothy P.V. Mammen been buying or selling shares of IPG Photonics?: Timothy P.V. Mammen has not been actively trading shares of IPG Photonics during the last ninety days. Most recently, on Thursday, June 16th, Timothy Pv Mammen bought 3,000 shares of IPG Photonics stock. The stock was acquired at an average cost of $83.54 per share, with a total value of $250,620.00. Following the completion of the transaction, the chief financial officer now directly owns 53,493 shares of the company's stock, valued at $4,468,805.22. Learn More on Timothy P.V. Mammen'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 146,990 shares worth more than $15,680,258.10. The most recent insider tranaction occured on March, 25th when Major Shareholder Valentin Gapontsev Trust I sold 10,000 shares worth more than $895,600.00. Insiders at IPG Photonics own 33.5% of the company. Learn More about insider trades at IPG Photonics.
Information on this page was last updated on 3/25/2024.

Timothy P.V. Mammen Insider Trading History at IPG Photonics

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
6/16/2022	Buy	3,000	$83.54	$250,620.00	53,493
3/11/2021	Sell	1,666	$213.70	$356,024.20	46,309
1/20/2021	Sell	13,925	$251.62	$3,503,808.50	50,568
5/12/2020	Sell	14,200	$153.69	$2,182,398.00	58,169
3/1/2018	Sell	12,500	$243.41	$3,042,625.00	38,040
2/1/2018	Sell	5,000	$252.46	$1,262,300.00	36,100
1/19/2018	Sell	2,500	$261.53	$653,825.00	33,600
8/17/2017	Sell	11,600	$166.98	$1,936,968.00	42,700
8/8/2017	Sell	10,000	$162.87	$1,628,700.00	41,100
3/28/2016	Sell	2,757	$95.24	$262,576.68	32,707
3/18/2016	Sell	2,243	$95.03	$213,152.29	32,193
3/17/2016	Sell	5,000	$92.85	$464,250.00	34,950
11/11/2015	Sell	5,000	$90.93	$454,650.00	26,591
11/6/2015	Sell	5,000	$87.81	$439,050.00	26,591
11/4/2015	Sell	5,000	$86.41	$432,050.00	26,591
2/9/2015	Sell	12,500	$83.23	$1,040,375.00
2/3/2015	Sell	1,800	$77.53	$139,554.00
10/31/2014	Sell	2,400	$73.52	$176,448.00
7/29/2014	Sell	2,600	$70.43	$183,118.00
4/14/2014	Sell	4,999	$73.95	$369,676.05	25,468
10/31/2013	Sell	3,750	$65.00	$243,750.00
10/17/2013	Sell	3,750	$62.54	$234,525.00
9/16/2013	Sell	13,281	$61.08	$811,203.48	28,624
9/9/2013	Sell	10,234	$60.14	$615,472.76
7/30/2013	Sell	2,500	$65.00	$162,500.00
7/22/2013	Sell	2,500	$60.32	$150,800.00

Timothy P.V. Mammen 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: $88.05

$85.59

$88.19

50 Day Range

MA: $87.70

$84.27

$91.02

2 Week Range

Now: $88.05

$83.00

$141.85

Volume

250,412 shs

Average Volume

293,067 shs

Market Capitalization

$4.06 billion

P/E Ratio

19.06

Dividend Yield

N/A

Beta

1.19

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Timothy Mammen Biography and Net Worth

What is Timothy P.V. Mammen's net worth?

How old is Timothy P.V. Mammen?

What is Timothy P.V. Mammen's salary?

How do I contact Timothy P.V. Mammen?

Has Timothy P.V. Mammen been buying or selling shares of IPG Photonics?

Who are IPG Photonics' active insiders?

Are insiders buying or selling shares of IPG Photonics?