James Donald  Hoffman net worth and biography

James Hoffman Biography and Net Worth

CEO of Reliance
James D. Hoffman was appointed a director of Reliance in October 2019 and became Chief Executive Officer in January 2019. From March 2016 until his promotion to President and Chief Executive Officer, Mr. Hoffman served as our Executive Vice President and Chief Operating Officer. Mr. Hoffman was Reliance’s Executive Vice President, Operations since May 2015, and Senior Vice President, Operations since 2008. He was executive vice president and chief operating officer of our subsidiary, Earle M. Jorgensen Company (“EMJ”), from April 2006 to September 2008. Mr. Hoffman was appointed executive vice president of EMJ in 2006, having been a vice president of EMJ since 1996. He holds a Bachelor of Science degree in Advertising/Marketing from West Virginia University. Mr. Hoffman is also a director at the Metals Service Center Institute.

What is James Donald Hoffman's net worth?

The estimated net worth of James Donald Hoffman is at least $16.94 million as of February 27th, 2024. Mr. Hoffman owns 54,042 shares of Reliance stock worth more than $16,941,627 as of April 25th. This net worth approximation does not reflect any other investments that Mr. Hoffman may own. Additionally, Mr. Hoffman receives a salary of $7,740,000.00 as CEO at Reliance. Learn More about James Donald Hoffman's net worth.

How old is James Donald Hoffman?

Mr. Hoffman is currently 65 years old. There are 7 older executives and no younger executives at Reliance. Learn More on James Donald Hoffman's age.

What is James Donald Hoffman's salary?

As the CEO of Reliance, Inc., Mr. Hoffman earns $7,740,000.00 per year. Learn More on James Donald Hoffman's salary.

How do I contact James Donald Hoffman?

The corporate mailing address for Mr. Hoffman and other Reliance executives is 350 South Grand Avenue Suite 5100, LOS ANGELES CA, 90071. Reliance can also be reached via phone at (480) 564-5700 and via email at [email protected]. Learn More on James Donald Hoffman's contact information.

Has James Donald Hoffman been buying or selling shares of Reliance?

James Donald Hoffman has not been actively trading shares of Reliance during the last quarter. Most recently, James Donald Hoffman sold 40,000 shares of the business's stock in a transaction on Tuesday, February 27th. The shares were sold at an average price of $322.95, for a transaction totalling $12,918,000.00. Following the completion of the sale, the director now directly owns 54,042 shares of the company's stock, valued at $17,452,863.90. Learn More on James Donald Hoffman's trading history.

Who are Reliance's active insiders?

Reliance's insider roster includes Arthur Ajemyan (CFO), Jeffrey Durham (VP), James Hoffman (CEO), Michael Hynes (VP), Mark Kaminski (Director), Stephen Koch (VP), Karla Lewis (President), Sean Mollins (VP), Michael Shanley (VP), and William Smith, II (SVP). Learn More on Reliance's active insiders.

Are insiders buying or selling shares of Reliance?

During the last twelve months, insiders at the industrial products company sold shares 14 times. They sold a total of 160,113 shares worth more than $47,948,077.66. The most recent insider tranaction occured on March, 6th when CFO Arthur Ajemyan sold 3,000 shares worth more than $968,850.00. Insiders at Reliance own 0.7% of the company. Learn More about insider trades at Reliance.

Information on this page was last updated on 3/6/2024.

James Donald Hoffman Insider Trading History at Reliance

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
2/27/2024Sell40,000$322.95$12,918,000.0054,042View SEC Filing Icon  
12/4/2023Sell10,183$278.86$2,839,631.389,497View SEC Filing Icon  
11/30/2023Sell10,000$272.49$2,724,900.0094,042View SEC Filing Icon  
8/29/2023Sell10,000$285.76$2,857,600.00114,042View SEC Filing Icon  
5/30/2023Sell10,000$235.16$2,351,600.00124,042View SEC Filing Icon  
2/21/2023Sell20,000$243.20$4,864,000.0075,333View SEC Filing Icon  
1/6/2023Sell10,000$211.45$2,114,500.0019,680View SEC Filing Icon  
10/6/2022Sell10,000$183.31$1,833,100.00132,738View SEC Filing Icon  
7/6/2022Sell10,000$167.78$1,677,800.00142,738View SEC Filing Icon  
4/6/2022Sell10,000$178.59$1,785,900.00152,738View SEC Filing Icon  
10/6/2021Sell5,000$141.43$707,150.00View SEC Filing Icon  
7/6/2021Sell5,000$151.57$757,850.00View SEC Filing Icon  
4/6/2021Sell5,000$156.71$783,550.00107,467View SEC Filing Icon  
12/4/2019Sell3,000$120.22$360,660.00
2/21/2018Sell5,000$92.30$461,500.0030,105View SEC Filing Icon  
12/8/2016Sell5,000$86.57$432,850.0028,923View SEC Filing Icon  
3/3/2016Sell12,500$65.23$815,375.0036,615View SEC Filing Icon  
8/5/2014Sell466$67.41$31,413.06View SEC Filing Icon  
5/28/2014Sell31,250$72.36$2,261,250.00View SEC Filing Icon  
11/25/2013Sell20,000$74.31$1,486,200.0013,175View SEC Filing Icon  
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James Donald Hoffman Buying and Selling Activity at Reliance

This chart shows James Donald Hoffman's buying and selling at Reliance by year and by quarter.

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Reliance Company Overview

Reliance logo
Reliance, Inc. operates as a diversified metal solutions provider and the metals service center company in the United States, Canada, and internationally. The company distributes a line of approximately 100,000 metal products, including alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium, and specialty steel products; and provides metals processing services to general manufacturing, non-residential construction, transportation, aerospace, energy, electronics and semiconductor fabrication, and heavy industries. It sells its products directly to original equipment manufacturers, which primarily include small machine shops and fabricators. The company was formerly known as Reliance Steel & Aluminum Co. and changed its name to Reliance, Inc. in February 2024. Reliance, Inc. was founded in 1939 and is based in Scottsdale, Arizona.
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Today's Range

Now: $282.83
Low: $282.24
High: $295.41

50 Day Range

MA: $325.31
Low: $294.47
High: $340.00

2 Week Range

Now: $282.83
Low: $229.12
High: $342.20

Volume

112,827 shs

Average Volume

235,320 shs

Market Capitalization

$16.24 billion

P/E Ratio

12.51

Dividend Yield

1.40%

Beta

0.87