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Steven T.  Merkt net worth and biography

Steven Merkt Biography and Net Worth

Insider of TE Connectivity
Steven Merkt is President, Transportation Solutions for TE Connectivity.

As leader of the Transportation Solutions segment – one of the world’s largest suppliers of connectivity and sensor solutions to the automotive and commercial vehicle marketplaces – Steven is responsible for all aspects of sales, development, and operations for the segment worldwide.

Steven joined TE in 1989 and has held leadership positions in general management, operations, engineering, marketing, supply chain, and new product launches. He was appointed to his current position in August 2012, after serving as President of TE’s Automotive business.

Prior to joining TE, Steven worked as a Flight Test Engineer for the F.A.A. and a computer consultant for Rutgers University. Steven is a member of the board of directors for the Isonoma Foundation.

Steven holds a Master of Business Administration from the Smeal School of Business at Pennsylvania State University, Pennsylvania, U.S., and a Bachelor’s degree in Mechanical/Aerospace Engineering from Rutgers University, New Jersey, U.S

What is Steven T. Merkt's net worth?

The estimated net worth of Steven T. Merkt is at least $4.38 million as of January 29th, 2024. Mr. Merkt owns 30,459 shares of TE Connectivity stock worth more than $4,378,177 as of March 3rd. This net worth estimate does not reflect any other investments that Mr. Merkt may own. Additionally, Mr. Merkt receives a salary of $1,480,000.00 as Insider at TE Connectivity. Learn More about Steven T. Merkt's net worth.

How old is Steven T. Merkt?

Mr. Merkt is currently 56 years old. There are 6 older executives and no younger executives at TE Connectivity. The oldest executive at TE Connectivity is Mr. Eric J. Resch, Senior Vice President, who is 67 years old. Learn More on Steven T. Merkt's age.

What is Steven T. Merkt's salary?

As the Insider of TE Connectivity Ltd., Mr. Merkt earns $1,480,000.00 per year. There are 2 executives that earn more than Mr. Merkt. The highest earning executive at TE Connectivity is Mr. Aaron Kyle Stucki, President of Communications Solutions Segment, who commands a salary of $2,230,000.00 per year. Learn More on Steven T. Merkt's salary.

How do I contact Steven T. Merkt?

The corporate mailing address for Mr. Merkt and other TE Connectivity executives is MUHLENSTRASSE 26, SCHAFFHAUSEN V8, CH-8200. TE Connectivity can also be reached via phone at (152) 633-6661 and via email at [email protected]. Learn More on Steven T. Merkt's contact information.

Has Steven T. Merkt been buying or selling shares of TE Connectivity?

During the past quarter, Steven T. Merkt has sold $14,367,888.00 in shares of TE Connectivity stock. Most recently, Steven T. Merkt sold 99,777 shares of the business's stock in a transaction on Monday, January 29th. The shares were sold at an average price of $144.00, for a transaction totalling $14,367,888.00. Following the completion of the sale, the insider now directly owns 30,459 shares of the company's stock, valued at $4,386,096. Learn More on Steven T. Merkt's trading history.

Who are TE Connectivity's active insiders?

TE Connectivity's insider roster includes Mario Calastri (SVP), Terrence Curtin (Director), John Jenkins (EVP), Shadrak Kroeger (Insider), Thomas Lynch (Director), Steven Merkt (Insider), Heath Mitts (CFO), Tim Murphy (SVP), Robert Ott (SVP), Daniel Phelan (Director), Eric Resch (SVP), Kevin Rock (Insider), and Aaron Stucki (Insider). Learn More on TE Connectivity's active insiders.

Are insiders buying or selling shares of TE Connectivity?

In the last twelve months, insiders at the electronics maker sold shares 4 times. They sold a total of 204,941 shares worth more than $28,703,007.58. The most recent insider tranaction occured on January, 29th when insider Steven T Merkt sold 99,777 shares worth more than $14,367,888.00. Insiders at TE Connectivity own 0.9% of the company. Learn More about insider trades at TE Connectivity.

Information on this page was last updated on 1/29/2024.

Steven T. Merkt Insider Trading History at TE Connectivity

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
1/29/2024Sell99,777$144.00$14,367,888.0030,459View SEC Filing Icon  
2/22/2021Sell142,545$130.53$18,606,398.85115,450View SEC Filing Icon  
2/13/2020Sell10,000$94.46$944,600.0036,608View SEC Filing Icon  
8/16/2019Sell5,000$89.02$445,100.00View SEC Filing Icon  
7/29/2019Sell65,650$93.55$6,141,557.5089,854View SEC Filing Icon  
2/21/2018Sell10,684$102.94$1,099,810.961,983View SEC Filing Icon  
8/2/2017Sell126,190$80.09$10,106,557.1073,815View SEC Filing Icon  
11/10/2016Sell10,000$66.64$666,400.0014,717View SEC Filing Icon  
11/16/2015Sell4,025$65.50$263,637.501,441View SEC Filing Icon  
2/12/2015Sell25,000$70.60$1,765,000.00View SEC Filing Icon  
2/2/2015Sell129,661$65.41$8,481,126.01View SEC Filing Icon  
See Full Table

Steven T. Merkt Buying and Selling Activity at TE Connectivity

This chart shows Steven T Merkt's buying and selling at TE Connectivity by year and by quarter.

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TE Connectivity Company Overview

TE Connectivity logo
TE Connectivity Ltd., together with its subsidiaries, manufactures and sells connectivity and sensor solutions in Europe, the Middle East, Africa, the AsiaPacific, and the Americas. The company operates through three segments: Transportation Solutions, Industrial Solutions, and Communications Solutions. The Transportation Solutions segment provides terminals and connector systems and components, sensors, relays, antennas, and application tooling products for use in the automotive, commercial transportation, and sensor markets. The Industrial Solutions segment offers terminals and connector systems and components; and interventional medical components, relays, heat shrink tubing, and wires and cables for industrial equipment, aerospace, defense, marine, medical, and energy markets. The Communications Solutions segment supplies electronic components, such as terminals and connector systems and components, relays, heat shrink tubing, and antennas for the data and devices, and appliances markets. The company sells its products to approximately 140 countries primarily through direct sales to manufacturers, as well as through third-party distributors. The company was formerly known as Tyco Electronics Ltd. and changed its name to TE Connectivity Ltd. in March 2011. TE Connectivity Ltd. was founded in 1941 and is based in Schaffhausen, Switzerland.
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Today's Range

Now: $143.74
Low: $142.32
High: $144.17

50 Day Range

MA: $139.49
Low: $129.13
High: $145.67

2 Week Range

Now: $143.74
Low: $115.00
High: $146.84

Volume

1,626,660 shs

Average Volume

1,926,937 shs

Market Capitalization

$44.67 billion

P/E Ratio

13.64

Dividend Yield

1.64%

Beta

1.4
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