Omar Asali Insider Information
Omar M. Asali, 50, has served as our Chief Executive Officer since August 2019 and Chairman of our board of directors since June 2019. Previously, he was Chairman of the board of directors and Chief Executive Officer of One Madison from July 2017 to June 2019. Mr. Asali served as President and Chief Executive Officer of HRG from March 2015 until April 2017, as President of HRG effective as of October 2011 and as Acting President since June 2011. Mr. Asali also served as a director of HRG from May 2011 to April 2017. Mr. Asali was responsible for overseeing the day-to-day activities of HRG, including M&A activity and overall business strategy for HRG and HRG’s underlying subsidiaries. Mr. Asali was directly involved in all of HRG’s acquisitions across all sectors, and he was actively involved in HRG’s management and investment activities. Mr. Asali was also the Vice Chairman of Spectrum Brands and a member of the board of directors of FGL, Front Street Re Cayman Ltd. and NZCH Corporation (formerly, Zap.Com Corporation), each a subsidiary of HRG. Prior to becoming President of HRG, Mr. Asali was a Managing Director and Head of Global Strategy of Harbinger Capital. Prior to joining Harbinger Capital in 2009, Mr. Asali was the co-head of Goldman Sachs HFS where he helped manage approximately $25 billion of capital allocated to external managers. Mr. Asali also served as co-chair of the Investment Committee at Goldman Sachs HFS. Before joining Goldman Sachs HFS in 2003, Mr. Asali worked in Goldman Sachs’ Investment Banking Division, providing M&A and strategic advisory services to clients in the High Technology Group. Mr. Asali previously worked at Capital Guidance, a boutique private equity firm. Mr. Asali began his career working for a public accounting firm. Mr. Asali received an M.B.A. from Columbia Business School and a B.S. in Accounting from Virginia Tech. Mr. Asali’s qualifications to serve on our board of directors include: his substantial experience in mergers and acquisitions, corporate finance and strategic business planning; his track record at HRG and in advising and managing multi-national companies; and his experience serving as a director for various public and private companies.
What is Omar Asali's net worth?
The estimated net worth of Omar Asali is at least $13.61 million as of August 2nd, 2022. Mr. Asali owns 2,184,273 shares of Ranpak stock worth more than $13,608,021 as of August 15th. This net worth estimate does not reflect any other investments that Mr. Asali may own. Learn More about Omar Asali's net worth.
How old is Omar Asali?
Mr. Asali is currently 52 years old. There are 6 older executives and no younger executives at Ranpak. The oldest executive at Ranpak is Mr. Antonio Grassotti, Managing Director of APAC, who is 61 years old. Learn More on Omar Asali's age.
What is Omar Asali's salary?
As the CEO of Ranpak Holdings Corp., Mr. Asali earned a total compensation package of $23,354,484.00 in 2021. Mr. Asali earned a salary of $0.00, stock awards of $23,354,484.00, and no other miscellaneous compensation. Learn More on Omar Asali's salary.
How do I contact Omar Asali?
Has Omar Asali been buying or selling shares of Ranpak?
Within the last three months, Omar Asali has bought $504,000.00 in Ranpak stock. Most recently, on Tuesday, August 2nd, Omar Asali bought 100,000 shares of Ranpak stock. The stock was acquired at an average cost of $5.04 per share, with a total value of $504,000.00. Following the completion of the transaction, the chief executive officer now directly owns 2,184,273 shares of the company's stock, valued at $11,008,735.92. Learn More on Omar Asali's trading history.
Who are Ranpak's active insiders?
Are insiders buying or selling shares of Ranpak?
During the last year, Ranpak insiders bought shares 6 times. They purchased a total of 171,700 shares worth more than $878,075.00. During the last year, insiders at the sold shares 7 times. They sold a total of 128,030 shares worth more than $3,598,497.61. The most recent insider tranaction occured on August, 5th when CFO William Drew bought 10,000 shares worth more than $51,300.00. Insiders at Ranpak own 6.6 % of the company.
Learn More about insider trades at Ranpak. Information on this page was last updated on 8/5/2022.
Omar Asali Insider Trading History at Ranpak
| Transaction Date | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 8/2/2022 | Buy | 100,000 | $5.04 | $504,000.00 | 2,184,273 |  |
| 5/26/2021 | Sell | 400,000 | $19.79 | $7,916,000.00 | 991,843 | |
| 6/8/2020 | Buy | 15,000 | $7.65 | $114,750.00 | 1,258,977 | |
| 11/25/2019 | Buy | 5,500 | $6.21 | $34,155.00 | 1,366,569 | |
| 11/22/2019 | Buy | 4,500 | $6.03 | $27,135.00 | 1,366,569 | |
| 11/20/2019 | Buy | 4,500 | $6.01 | $27,045.00 | 1,357,569 | |
Ranpak Company Overview
Ranpak Holdings Corp., together with its subsidiaries, provide product protection solutions for e-commerce and industrial supply chains in North America, Europe, and Asia. The company offers protective packaging solutions, such as void-fill protective systems that convert paper to fill empty spaces in secondary packages and protect objects under the FillPak brand; cushioning protective systems, which convert paper into cushioning pads under the PadPak brand; and wrapping protective systems that create pads or paper mesh to wrap and protect fragile items, as well as to line boxes and provide separation when shipping various objects under the WrapPak, Geami, and ReadyRoll brands. The company's products also include line automation products, which help end users automate the void filling and box closure processes after product packing is complete. It sells its products to end users primarily through a distributor network, and directly to select end users. Ranpak Holdings Corp. was founded in 1972 and is headquartered in Concord Township, Ohio.
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Volume
672,378 shs
Average Volume
747,130 shs
Market Capitalization
$510.70 million
P/E Ratio
N/A
Dividend Yield
N/A
Beta
1.36
