Omar Asali Biography and Net Worth

CEO of Ranpak


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 $16.23 million as of May 9th, 2023. Mr. Asali owns 2,219,620 shares of Ranpak stock worth more than $16,225,422 as of April 25th. 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 54 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 63 years old. Learn More on Omar Asali's age.

How do I contact Omar Asali?

The corporate mailing address for Mr. Asali and other Ranpak executives is 7990 AUBURN ROAD, CONCORD OH, 44077. Ranpak can also be reached via phone at (440) 354-4445 and via email at [email protected]. Learn More on Omar Asali's contact information.

Has Omar Asali been buying or selling shares of Ranpak?

Omar Asali has not been actively trading shares of Ranpak over the course of the past ninety days. Most recently, on Tuesday, May 9th, Omar Asali bought 61,060 shares of Ranpak stock. The stock was acquired at an average cost of $2.92 per share, with a total value of $178,295.20. Following the completion of the transaction, the chief executive officer now directly owns 2,219,620 shares of the company's stock, valued at $6,481,290.40. Learn More on Omar Asali's trading history.

Who are Ranpak's active insiders?

Ranpak's insider roster includes Omar Asali (CEO), Thomas Corley (Director), Michael Jones (Vice Chairman), Steve Kovach (Director), Eric Laurensse (Director), and Kurt Zumwalt (Director). Learn More on Ranpak's active insiders.

Are insiders buying or selling shares of Ranpak?

During the last year, Ranpak insiders bought shares 9 times. They purchased a total of 255,165 shares worth more than $915,797.20. During the last year, insiders at the sold shares 1 times. They sold a total of 13,369 shares worth more than $72,058.91. The most recent insider tranaction occured on November, 14th when Director Alicia M Tranen bought 5,000 shares worth more than $16,100.00. Insiders at Ranpak own 8.4% of the company. Learn More about insider trades at Ranpak.

Information on this page was last updated on 11/14/2023.

Omar Asali Insider Trading History at Ranpak

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
5/9/2023Buy61,060$2.92$178,295.202,219,620View SEC Filing Icon  
8/2/2022Buy100,000$5.04$504,000.002,184,273View SEC Filing Icon  
5/26/2021Sell400,000$19.79$7,916,000.00991,843View SEC Filing Icon  
6/8/2020Buy15,000$7.65$114,750.001,258,977View SEC Filing Icon  
11/25/2019Buy5,500$6.21$34,155.001,366,569View SEC Filing Icon  
11/22/2019Buy4,500$6.03$27,135.001,366,569View SEC Filing Icon  
11/20/2019Buy4,500$6.01$27,045.001,357,569View SEC Filing Icon  
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Omar Asali Buying and Selling Activity at Ranpak

This chart shows Omar Asali's buying and selling at Ranpak by year and by quarter.

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Ranpak Company Overview

Ranpak logo
Ranpak Holdings Corp., together with its subsidiaries, provides product protection solutions and end-of-line automation 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, as well as cold chain products, which are used to provide insulation for goods. It also offers end-of-line packaging automation products, which help end users automate the void filling and box closure processes after product packing is complete. The company 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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Today's Range

Now: $7.31
Low: $7.09
High: $7.32

50 Day Range

MA: $6.49
Low: $4.37
High: $8.06

2 Week Range

Now: $7.31
Low: $2.63
High: $8.29

Volume

242,003 shs

Average Volume

678,554 shs

Market Capitalization

$603.96 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

2.3