Patrick Bannon Biography and Net Worth



Patrick S. Bannon has been with the Company since 1991. He was appointed Vice President and General Manager in 2017. He started his career as a manufacturing engineering manager with the Company’s ITB business in 1991 and then transferred to the Heim Bearings business as a manufacturing manager in 1995, and was promoted to plant manager of the Company’s ITB business in 1997. In 2002 he also assumed responsibility for the Company’s operations in Mexico. He was promoted to plant manager of the Company’s Aircraft Products operations in 2004 maintaining responsibility for Mexico and the Company’s engineered components business and was subsequently promoted to General Manager in 2008. In 2016 he also added General Manager responsibility for the Company’s AeroStructures and AeroComponents businesses. In 2017, he added management responsibilities for the Company’s Heim Bearings business. Mr. Bannon has a Bachelor of Science degree in Mechanical Engineering from Worcester Polytechnic Institute.

What is Patrick S. Bannon's net worth?

The estimated net worth of Patrick S. Bannon is at least $3.10 million as of November 15th, 2023. Mr. Bannon owns 12,376 shares of RBC Bearings stock worth more than $3,095,238 as of April 16th. This net worth evaluation does not reflect any other assets that Mr. Bannon may own. Additionally, Mr. Bannon receives a salary of $446,260.00 as VP at RBC Bearings. Learn More about Patrick S. Bannon's net worth.

How old is Patrick S. Bannon?

Mr. Bannon is currently 59 years old. There are 5 older executives and no younger executives at RBC Bearings. The oldest executive at RBC Bearings is Dr. Michael J. Hartnett Ph.D., Chairman, President & CEO, who is 78 years old. Learn More on Patrick S. Bannon's age.

What is Patrick S. Bannon's salary?

As the VP of RBC Bearings Incorporated, Mr. Bannon earns $446,260.00 per year. There are 3 executives that earn more than Mr. Bannon. The highest earning executive at RBC Bearings is Dr. Michael J. Hartnett Ph.D., Chairman, President & CEO, who commands a salary of $2,470,000.00 per year. Learn More on Patrick S. Bannon's salary.

How do I contact Patrick S. Bannon?

The corporate mailing address for Mr. Bannon and other RBC Bearings executives is ONE TRIBOLOGY CENTER, OXFORD CT, 06478. RBC Bearings can also be reached via phone at (203) 267-7001 and via email at [email protected]. Learn More on Patrick S. Bannon's contact information.

Has Patrick S. Bannon been buying or selling shares of RBC Bearings?

Patrick S. Bannon has not been actively trading shares of RBC Bearings during the last ninety days. Learn More on Patrick S. Bannon's trading history.

Who are RBC Bearings' active insiders?

RBC Bearings' insider roster includes Michael Ambrose (Director), John Avampato (VP), Patrick Bannon (VP), Daniel Bergeron (COO), Scott Brown (Insider), Richard Crowell (Director), Richard Edwards (VP), John Feeney (VP), Dean Foate (Director), Michael Hartnett (CEO), Steven Kaplan (Director), John Kunze (Insider), Alan Levine (Director), Edward Stewart (Director), and Robert Sullivan (CFO). Learn More on RBC Bearings' active insiders.

Are insiders buying or selling shares of RBC Bearings?

In the last twelve months, insiders at the industrial products company sold shares 13 times. They sold a total of 67,871 shares worth more than $17,411,959.22. The most recent insider tranaction occured on February, 21st when COO Daniel A Bergeron sold 15,000 shares worth more than $4,008,300.00. Insiders at RBC Bearings own 2.9% of the company. Learn More about insider trades at RBC Bearings.

Information on this page was last updated on 2/21/2024.

Patrick S. Bannon Insider Trading History at RBC Bearings

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Patrick S. Bannon Buying and Selling Activity at RBC Bearings

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RBC Bearings Company Overview

RBC Bearings logo
RBC Bearings Incorporated manufactures and markets engineered precision bearings and components in the United States and internationally. It operates through two segments, Aerospace/Defense and Industrial. The company produces plain bearings with self-lubricating or metal-to-metal designs, including rod end bearings, spherical plain bearings, and journal bearings; roller bearings, such as tapered roller bearings, needle roller bearings, and needle bearing track rollers and cam followers, which are anti-friction products that are used in industrial applications and military aircraft platforms; and ball bearings include high precision aerospace, airframe control, thin section, and industrial ball bearings that utilize high precision ball elements to reduce friction in high-speed applications. In addition, it offers mounted bearing products include mounted ball bearings, mounted roller bearings, and mounted plain bearings; and enclosed gearing product lines, including quantis gearmotor, torque arm, tigear, magnagear & maxum, and controlled start transmission. Further, the company produces power transmission components include mechanical drive components, couplings, and conveyor components; engineered hydraulics and valves for aircraft and submarine applications, and aerospace and defense aftermarket services; fasteners; precision mechanical components, which are used in various general industrial applications; and machine tool collets that are used for holding circulars or rod-like pieces. It serves automotive, tool holding, agricultural and semiconductor machinery, commercial and defense aerospace, ground defense, construction and mining, oil and natural resource extraction, heavy truck, marine, rail and train, packaging, food and beverage, packaging and canning, wind, and general industrial markets through its direct sales force, as well as a network of industrial and aerospace distributors. The company was founded in 1919 and is headquartered in Oxford, Connecticut.
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Today's Range

Now: $250.10
Low: $249.12
High: $254.20

50 Day Range

MA: $266.86
Low: $251.63
High: $276.33

2 Week Range

Now: $250.10
Low: $195.18
High: $288.16

Volume

211,575 shs

Average Volume

118,471 shs

Market Capitalization

$7.05 billion

P/E Ratio

41.82

Dividend Yield

N/A

Beta

1.45