Amit  Banati net worth and biography

Amit Banati Biography and Net Worth

CFO of Kellanova

Amit Banati has been Senior Vice President, Chief Financial Officer (CFO) and Principal Financial Officer, Kellogg Company, since July 2019. He is a member of Kellogg Company’s executive committee.

Mr. Banati joined Kellogg in March 2012 as President, Asia Pacific, and his responsibilities were expanded to President, Asia Pacific, Middle East and Africa in July 2018.

Before joining Kellogg Company, Mr. Banati served in a variety of finance, general management and board roles at Kraft Foods, Cadbury Schweppes and Procter & Gamble. He has worked extensively across the Asia Pacific and Africa region.

At Kraft Foods he was President, North Asia and Asia Pacific Strategy.

Prior to that, Mr. Banati served as President, Pacific, for Cadbury Schweppes and Chairman of Cadbury Schweppes Australia. He was a member of the company’s Chief Executive Committee. He also served as the Chief Financial Officer for Cadbury Schweppes Asia Pacific.

Mr. Banati serves on the board of Fortune Brands. In addition, he serves on the boards of the Kellogg-Wilmar Joint Venture in China and the Kellogg-Tolaram Joint Venture in Nigeria.

He received a bachelor’s degree in commerce from Calcutta University and a Master of Business Administration degree from the Indian Institute of Management in Lucknow.

What is Amit Banati's net worth?

The estimated net worth of Amit Banati is at least $3.02 million as of August 29th, 2022. Mr. Banati owns 52,772 shares of Kellanova stock worth more than $3,023,308 as of March 29th. This net worth estimate does not reflect any other assets that Mr. Banati may own. Additionally, Mr. Banati receives a salary of $2,280,000.00 as CFO at Kellanova. Learn More about Amit Banati's net worth.

How old is Amit Banati?

Mr. Banati is currently 55 years old. There are 5 older executives and no younger executives at Kellanova. The oldest executive at Kellanova is Mr. Steven A. Cahillane, Chairman, CEO & President, who is 59 years old. Learn More on Amit Banati's age.

What is Amit Banati's salary?

As the CFO of Kellanova, Mr. Banati earns $2,280,000.00 per year. The highest earning executive at Kellanova is Mr. Steven A. Cahillane, Chairman, CEO & President, who commands a salary of $4,520,000.00 per year. Learn More on Amit Banati's salary.

How do I contact Amit Banati?

The corporate mailing address for Mr. Banati and other Kellanova executives is ONE KELLOGG SQUARE, BATTLE CREEK MI, 49016. Kellanova can also be reached via phone at (269) 961-2000 and via email at [email protected]. Learn More on Amit Banati's contact information.

Has Amit Banati been buying or selling shares of Kellanova?

Amit Banati has not been actively trading shares of Kellanova in the last ninety days. Most recently, Amit Banati sold 6,960 shares of the business's stock in a transaction on Monday, August 29th. The shares were sold at an average price of $74.00, for a transaction totalling $515,040.00. Following the completion of the sale, the chief financial officer now directly owns 52,772 shares of the company's stock, valued at $3,905,128. Learn More on Amit Banati's trading history.

Who are Kellanova's active insiders?

Kellanova's insider roster includes Kris Bahner (SVP), Amit Banati (CFO), Steven Cahillane (CEO), Kurt Forche (VP), Alistair Hirst (SVP), Christopher Hood (SVP), Rodrigo Lance (SVP), and Gary Pilnick (Vice Chairman). Learn More on Kellanova's active insiders.

Are insiders buying or selling shares of Kellanova?

During the last year, insiders at the sold shares 36 times. They sold a total of 2,948,483 shares worth more than $172,765,505.83. The most recent insider tranaction occured on March, 28th when Major Shareholder Kellogg W K Foundation Trust sold 77,800 shares worth more than $4,461,052.00. Insiders at Kellanova own 1.8% of the company. Learn More about insider trades at Kellanova.

Information on this page was last updated on 3/28/2024.

Amit Banati Insider Trading History at Kellanova

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
8/29/2022Sell6,960$74.00$515,040.0052,772View SEC Filing Icon  
8/26/2022Sell34,007$75.06$2,552,565.4259,732View SEC Filing Icon  
2/23/2022Sell11,054$66.53$735,422.62View SEC Filing Icon  
5/29/2018Sell1,992$65.03$129,539.7619,619View SEC Filing Icon  
2/23/2018Sell2,767$67.97$188,072.99View SEC Filing Icon  
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Amit Banati Buying and Selling Activity at Kellanova

This chart shows Amit Banati's buying and selling at Kellanova by year and by quarter.

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Kellanova Company Overview

Kellanova logo
Kellanova, together with its subsidiaries, manufactures and markets snacks and convenience foods in North America, Europe, Latin America, the Asia Pacific, the Middle East, Australia, and Africa. Its principal products include crackers, crisps, savory snacks, toaster pastries, cereal bars, granola bars and bites, ready-to-eat cereals, frozen waffles, veggie foods, and noodles. The company offers its products under the Kellogg's, Cheez-It, Pringles, Austin, Parati, RXBAR, Eggo, Morningstar Farms, Bisco, Club, Luxe, Minueto, Special K, Toasteds, Town House, Zesta, Zoo Cartoon, Choco Krispis, Crunchy Nut, Kashi, Nutri-Grain, Squares, Zucaritas, Rice Krispies Treats, Sucrilhos, Pop-Tarts, K-Time, Sunibrite, Split Stix, LCMs, Coco Pops, Krave, Frosties, Rice Krispies Squares, Incogmeato, Veggitizers, Gardenburger, Trink, Carr's, Kellogg's Extra, Müsli, Fruit n Fibre, Kellogg's Crunchy Nut, Country Store, Smacks, Honey Bsss, Zimmy's, Toppas, Tresor, Froot Ring, Chocos, Chex, Guardian, Just Right, Sultana Bran, Rice Bubbles, Sustain, and Choco Krispies brand names. It sells its products to retailers through direct sales forces, as well as brokers and distributors. The company was formerly known as Kellogg Company and changed its name to Kellanova in October 2023. Kellanova was founded in 1906 and is headquartered in Chicago, Illinois.
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Today's Range

Now: $57.29
Low: $56.82
High: $57.47

50 Day Range

MA: $54.83
Low: $52.94
High: $56.98

2 Week Range

Now: $57.29
Low: $47.63
High: $72.30

Volume

2,949,747 shs

Average Volume

4,212,013 shs

Market Capitalization

$19.58 billion

P/E Ratio

20.83

Dividend Yield

4.03%

Beta

0.4