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Alvin B. Krongard net worth and biography

Alvin Krongard Biography and Net Worth

Director of Iridium Communications

Alvin B. Krongard, has served as a director of our company since 2009 and previously served as a director of our predecessor, Iridium Holdings, from 2006 until 2009. Since 2004, Mr. Krongard has been pursing personal interests. He served as Executive Director of the Central Intelligence Agency from 2001 to 2004 and as counselor to the Director of the Central Intelligence Agency from 1998 to 2001. Mr. Krongard previously served in various capacities at Alex.Brown, Incorporated, including as Chief Executive Officer and Chairman of the Board. Upon the merger of Alex.Brown with Bankers Trust Corporation, Mr. Krongard became Vice Chairman of the Board of Bankers Trust and served in that capacity until joining the Central Intelligence Agency. He currently serves as a director and member of the audit committee of Apollo Global Management, Inc., and as a director and member of the audit committee of Icahn Enterprises L.P. and its general partner, Icahn Enterprises G.P., Inc. He served as a member of the board of directors of Under Armour, Inc. from 2005 to May 2020, including serving as its lead independent director and as chairman of the audit committee, and also previously served as the Vice Chairman of the Johns Hopkins Health System. Mr. Krongard graduated with honors from Princeton University and received a Juris Doctor degree from the University of Maryland School of Law, where he graduated with honors.

What is Alvin B. Krongard's net worth?: The estimated net worth of Alvin B. Krongard is at least $2.43 million as of November 3rd, 2023. Mr. Krongard owns 77,608 shares of Iridium Communications stock worth more than $2,434,563 as of April 27th. This net worth evaluation does not reflect any other investments that Mr. Krongard may own. Learn More about Alvin B. Krongard's net worth.
How do I contact Alvin B. Krongard?: The corporate mailing address for Mr. Krongard and other Iridium Communications executives is 1750 TYSONS BOULEVARD SUITE 1400, MCLEAN VA, 22102. Iridium Communications can also be reached via phone at (703) 287-7400 and via email at [email protected]. Learn More on Alvin B. Krongard's contact information.
Has Alvin B. Krongard been buying or selling shares of Iridium Communications?: Alvin B. Krongard has not been actively trading shares of Iridium Communications during the past quarter. Most recently, A B. Krongard sold 115,000 shares of the business's stock in a transaction on Friday, August 19th. The shares were sold at an average price of $45.39, for a transaction totalling $5,219,850.00. Following the completion of the sale, the director now directly owns 116,851 shares of the company's stock, valued at $5,303,866.89. Learn More on Alvin B. Krongard's trading history.
Who are Iridium Communications' active insiders?: Iridium Communications' insider roster includes Thomas Canfield (Director), Matthew Desch (CEO), Thomas Fitzpatrick (CFO), Leon Frazier (Director), Bryan Hartin (EVP), Thomas Hickey (Insider), Timothy Kapalka (VP), Alvin Krongard (Director), Suzanne Mcbride (Insider), Kathleen Morgan (Insider), Robert Niehaus (Director), Steven Pfeiffer (Director), Parker Rush (Director), Scott Scheimreif (EVP), Henrik Schliemann (Director), and Barry West (Director). Learn More on Iridium Communications' active insiders.
Are insiders buying or selling shares of Iridium Communications?: During the last year, Iridium Communications insiders bought shares 1 times. They purchased a total of 28,000 shares worth more than $1,036,280.00. During the last year, insiders at the technology company sold shares 1 times. They sold a total of 27,835 shares worth more than $1,803,708.00. The most recent insider tranaction occured on November, 20th when CEO Matthew J Desch bought 28,000 shares worth more than $1,036,280.00. Insiders at Iridium Communications own 2.0% of the company. Learn More about insider trades at Iridium Communications.
Information on this page was last updated on 11/20/2023.

Alvin B. Krongard Insider Trading History at Iridium Communications

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
8/19/2022	Sell	115,000	$45.39	$5,219,850.00	116,851
11/9/2017	Buy	45,750	$10.89	$498,217.50	149,788
3/10/2017	Buy	29,000	$8.51	$246,790.00	149,788
12/16/2016	Buy	50,000	$9.95	$497,500.00	105,812
8/7/2012	Buy	25,000	$7.33	$183,250.00

Alvin B. Krongard Buying and Selling Activity at Iridium Communications

Iridium Communications Company Overview

Iridium Communications Inc. provides mobile voice and data communications services and products to businesses, the United States and international governments, non-governmental organizations, and consumers worldwide. The company offers postpaid mobile voice and data satellite communications; prepaid mobile voice satellite communications; push-to-talk; broadband data; and Internet of Things (IoT) services. It also provides hosted payload and other data services, such as satellite time and location services; and inbound connections from the public switched telephone network, short message, subscriber identity module, activation, customer reactivation, and other peripheral services. In addition, the company offers voice and data solutions comprising personnel tracking devices; asset tracking devices for equipment, vehicles, and aircrafts; beyond-line-of-sight aircraft communications applications; maritime communications applications; specialized communications solutions for high-value individuals; mobile communications and data devices for the military and other government agencies, such as secure satellite handsets, as well as netted voice, messaging, and paging services; and maintenance services for the United States government's dedicated gateway. Further, it provides satellite handsets, voice and data modems, broadband data devices, and IoT data devices; various accessories for its devices that include batteries, holsters, earbud headphones, portable auxiliary antennas, antenna adaptors, USB data cables, charging units, and others; and engineering and support services. Iridium Communications Inc. sells its products and services to commercial end users through a wholesale distribution network that include service providers, and value-added resellers and manufacturers. The company was formerly known as Iridium Holdings LLC and changed its name to Iridium Communications Inc. in September 2009. Iridium Communications Inc. is headquartered in McLean, Virginia.

Today's Range

Now: $31.37

$29.84

$31.83

50 Day Range

MA: $27.28

$24.65

$30.14

2 Week Range

Now: $31.37

$24.14

$65.69

Volume

2,367,458 shs

Average Volume

1,286,132 shs

Market Capitalization

$3.81 billion

P/E Ratio

149.38

Dividend Yield

1.75%

Beta

0.85

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