Timothy J.  Arens net worth and biography

Timothy Arens Biography and Net Worth

CFO of Surmodics

Timothy J. Arens is Senior Vice President of Finance and Information Technology and Chief Financial Officer. Tim joined Surmodics in February 2007 as Director of Business Development, became Senior Director and General Manager of the In Vitro Diagnostics business unit in October 2010 and was named interim Vice President of Finance and Chief Financial Officer in August 2011. He was promoted to Vice President of Corporate Development and Strategy in February 2013. Tim served as interim Vice President of Finance and Chief Financial Officer from May 2018 until his appointment as permanent Vice President of Finance and Chief Financial Officer in February 2019. In April 2020, he was promoted to his current role. Prior to Surmodics, Tim was Director of Research and Analysis at St. Jude Medical. He also worked at Deluxe Corporation, Xcel Energy, U.S. Bancorp, and UCare Minnesota in capacities of new product development and product management. Tim received his BBA in Business Finance from the University of Wisconsin – Eau Claire and his MBA from the University of Minnesota Carlson School of Management.

What is Timothy J. Arens' net worth?

The estimated net worth of Timothy J. Arens is at least $3.02 million as of November 26th, 2024. Arens owns 70,350 shares of Surmodics stock worth more than $3,023,643 as of December 5th. This net worth estimate does not reflect any other assets that Arens may own. Additionally, Arens receives an annual salary of $645,300.00 as CFO at Surmodics. Learn More about Timothy J. Arens' net worth.

How old is Timothy J. Arens?

Arens is currently 57 years old. There are 6 older executives and no younger executives at Surmodics. The oldest executive at Surmodics is Mr. Gary R. Maharaj, CEO, President & Director, who is 61 years old. Learn More on Timothy J. Arens' age.

What is Timothy J. Arens' salary?

As the CFO of Surmodics, Inc., Arens earns $645,300.00 per year. There are 2 executives that earn more than Arens. The highest earning executive at Surmodics is Mr. Gary R. Maharaj, CEO, President & Director, who commands a salary of $1,330,000.00 per year. Learn More on Timothy J. Arens' salary.

How do I contact Timothy J. Arens?

The corporate mailing address for Arens and other Surmodics executives is 9924 WEST 74TH STREET, EDEN PRAIRIE MN, 55344. Surmodics can also be reached via phone at (952) 500-7000 and via email at [email protected]. Learn More on Timothy J. Arens' contact information.

Has Timothy J. Arens been buying or selling shares of Surmodics?

Timothy J. Arens has not been actively trading shares of Surmodics in the last ninety days. Most recently, Timothy J. Arens sold 7,009 shares of the business's stock in a transaction on Tuesday, November 26th. The shares were sold at an average price of $39.44, for a transaction totalling $276,434.96. Following the completion of the sale, the chief financial officer now directly owns 70,350 shares of the company's stock, valued at $2,774,604. Learn More on Timothy J. Arens' trading history.

Who are Surmodics' active insiders?

Surmodics' insider roster includes Timothy Arens (CFO), Jose Bedoya (Director), David Dantzker (Director), Gary Maharaj (CEO), John Manders (Insider), Charles Olson (VP), and Joseph Stich (SVP). Learn More on Surmodics' active insiders.

Timothy J. Arens Insider Trading History at Surmodics

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
11/26/2024Sell7,009$39.44$276,434.9670,350View SEC Filing Icon  
5/22/2018Sell7,000$49.20$344,400.00View SEC Filing Icon  
3/4/2016Sell10,291$18.43$189,663.139,196View SEC Filing Icon  
11/19/2014Sell10,330$21.02$217,136.60View SEC Filing Icon  
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Timothy J. Arens Buying and Selling Activity at Surmodics

This chart shows Timothy J Arens's buying and selling at Surmodics by year and by quarter.

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Surmodics Company Overview

Surmodics logo
Surmodics, Inc., together with its subsidiaries, provides performance coating technologies for intravascular medical devices, and chemical and biological components for in vitro diagnostic immunoassay tests and microarrays in the United States and internationally. It operates through two segments, Medical Device and In Vitro Diagnostics (IVD). The Medical Device segment engages in the provision of surface modification coating technologies to enhance access, deliverability, and predictable deployment of medical devices; and drug-delivery coating technologies to provide site-specific drug-delivery from the surface of a medical device for neurovascular, peripheral, coronary, and structural heart, and other markets, as well as manufacturing of vascular intervention medical devices, including drug-coated balloons, mechanical thrombectomy devices, and radial access balloon catheters and guide sheaths. The IVD segment develops, manufactures, and sells chemical and biological components for in vitro diagnostic immunoassay and molecular tests, as well as diagnostic and biomedical research markets. This segment offers protein stabilizers, substrates, surface coatings, and antigens. The company was founded in 1979 and is headquartered in Eden Prairie, Minnesota.
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Today's Range

Now: $42.98
Low: $41.85
High: $43.00

50 Day Range

MA: $33.36
Low: $26.42
High: $42.98

2 Week Range

Now: $42.98
Low: $25.87
High: $43.00

Volume

5,342,600 shs

Average Volume

257,931 shs

Market Capitalization

$614.53 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.3