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Michael J. McKenney net worth and biography
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Michael McKenney Biography and Net Worth

CFO of Kadant
Mr. McKenney has been an executive vice president since March 2018 and our chief financial officer since June 2015. He served as our senior vice president from June 2015 to March 2018. He served as our vice president, finance and chief accounting officer from 2002 to 2015 and as corporate controller from 1997 to 2007. Mr. McKenney was controller of Kadant AES, our division acquired from Albany International Inc., from 1993 to 1997. Prior to 1993, Mr. McKenney held various financial positions at Albany International.

What is Michael J. McKenney's net worth?

The estimated net worth of Michael J. McKenney is at least $6.11 million as of March 20th, 2023. Mr. McKenney owns 21,988 shares of Kadant stock worth more than $6,109,806 as of April 25th. This net worth estimate does not reflect any other investments that Mr. McKenney may own. Additionally, Mr. McKenney receives an annual salary of $1,090,000.00 as CFO at Kadant. Learn More about Michael J. McKenney's net worth.

How old is Michael J. McKenney?

Mr. McKenney is currently 62 years old. There are 7 older executives and no younger executives at Kadant. The oldest executive at Kadant is Mr. Peter J. Flynn, Senior Vice President, who is 73 years old. Learn More on Michael J. McKenney's age.

What is Michael J. McKenney's salary?

As the CFO of Kadant Inc., Mr. McKenney earns $1,090,000.00 per year. The highest earning executive at Kadant is Mr. Jeffrey L. Powell, President, CEO & Director, who commands a salary of $2,750,000.00 per year. Learn More on Michael J. McKenney's salary.

How do I contact Michael J. McKenney?

The corporate mailing address for Mr. McKenney and other Kadant executives is ONE TECHNOLOGY PARK DRIVE, WESTFORD MA, 01886. Kadant can also be reached via phone at (978) 776-2000 and via email at [email protected]. Learn More on Michael J. McKenney's contact information.

Has Michael J. McKenney been buying or selling shares of Kadant?

Michael J. McKenney has not been actively trading shares of Kadant during the last quarter. Most recently, Michael J. Mckenney sold 1,364 shares of the business's stock in a transaction on Monday, March 20th. The shares were sold at an average price of $201.35, for a transaction totalling $274,641.40. Following the completion of the sale, the chief financial officer now directly owns 21,988 shares of the company's stock, valued at $4,427,283.80. Learn More on Michael J. McKenney's trading history.

Who are Kadant's active insiders?

Kadant's insider roster includes John Albertine (Director), Thomas Blanchard (VP), Michael Colwell (VP), Peter Flynn (SVP), Stacy Krause (VP), Eric Langevin (COO), Thomas Leonard (Director), Michael McKenney (CFO), Dara Mitchell (VP), Jonathan Painter (Director), Jeffrey Powell (CEO), Erin Russell (Director), William Tully (Director), and Fredrik Westerhout (VP). Learn More on Kadant's active insiders.

Are insiders buying or selling shares of Kadant?

In the last year, insiders at the industrial products company sold shares 13 times. They sold a total of 17,448 shares worth more than $4,800,897.14. The most recent insider tranaction occured on March, 21st when SVP Stacy D. Krause sold 881 shares worth more than $288,087.00. Insiders at Kadant own 1.4% of the company. Learn More about insider trades at Kadant.

Information on this page was last updated on 3/21/2024.

Michael J. McKenney Insider Trading History at Kadant

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
3/20/2023Sell1,364$201.35$274,641.4021,988View SEC Filing Icon  
3/17/2023Sell1,301$200.07$260,291.0723,352View SEC Filing Icon  
3/14/2023Sell2,335$207.73$485,049.5524,653View SEC Filing Icon  
11/15/2021Sell4,728$221.34$1,046,495.52View SEC Filing Icon  
12/15/2020Sell5,516$135.12$745,321.92
12/11/2019Sell4,188$100.65$421,522.2017,557View SEC Filing Icon  
5/14/2019Sell2,261$86.12$194,717.3217,318View SEC Filing Icon  
9/7/2018Sell5,000$103.00$515,000.0011,624View SEC Filing Icon  
12/18/2017Sell1,400$100.26$140,364.0014,595View SEC Filing Icon  
12/15/2017Sell119$100.00$11,900.0014,595View SEC Filing Icon  
12/11/2017Sell3,600$99.14$356,904.0019,160View SEC Filing Icon  
See Full Table

Michael J. McKenney Buying and Selling Activity at Kadant

This chart shows Michael J Mckenney's buying and selling at Kadant by year and by quarter.

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Kadant Company Overview

Kadant logo
Kadant Inc. supplies technologies and engineered systems worldwide. It operates in three segments: Flow Control, Industrial Processing, and Material Handling. The Flow Control segment develops, manufactures, and markets fluid-handling systems and equipment, such as rotary joints, syphons, turbulator bars, expansion joints, and engineered steam and condensate systems; and doctoring, cleaning, and filtration systems and related consumables consisting of doctor systems and holders, doctor blades, cleaning shower and fabric-conditioning systems, forming systems and wear surfaces, and water-filtration systems. The Industrial Processing segment develops, manufactures, and markets ring and rotary debarkers, stranders, chippers, engineered knife systems, industrial automation and control, recycling and approach flow systems, and virgin pulping process equipment for use in the packaging, tissue, wood products, and alternative fuel industries. The Material Handling segment offers conveying and vibratory equipment, and baling products; and manufactures and sells biodegradable absorbent granules for carriers in agricultural, home lawn and garden, professional lawn, turf, and ornamental applications, as well as for oil and grease absorption. The company markets and sells its products, services, and systems through direct sales, independent sales agents, and distributors. The company was formerly known as Thermo Fibertek, Inc. and changed its name to Kadant Inc. in July 2001. Kadant Inc. was incorporated in 1991 and is headquartered in Westford, Massachusetts.
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Today's Range

Now: $277.87
Low: $276.74
High: $282.12

50 Day Range

MA: $315.20
Low: $281.99
High: $340.62

2 Week Range

Now: $277.87
Low: $183.19
High: $354.02

Volume

16,667 shs

Average Volume

91,404 shs

Market Capitalization

$3.26 billion

P/E Ratio

28.07

Dividend Yield

0.44%

Beta

1.27
“Retirement Secret” Showed 995% Gain Last Time We Shared It
From Stansberry Research   |   Ad
See this before next week's Fed Meeting Thousands of investing ideas come across his desk every year… But Doc Eifrig just revealed THIS ONE "will go down as one of the smartest and most lucrative financial moves of the decade." (Last time we shared this, it led to a 995% gain.)
Get the free details now.