Chan  Galbato net worth and biography

Chan Galbato Biography and Net Worth

Director of Eastern

Chan W. Galbato currently serves as a Director of Electrical Components International, Inc., and is a Senior Advisor to Barington Capital Group, L.P.

Mr. Galbato retired from Cerberus Capital at the end of 2025, after a 16-year career. He served for 12 years as the Chief Executive Officer of Cerberus Operations and Advisory Company, LLC, the operating platform of the diversified Cerberus Capital Management, a global, private investment company. He oversaw the team of operating executives and functional experts deployed across the portfolio and investment desks to deliver complex and transformational opportunities for long-term, strategic growth and value.

In addition, he served on the Board of Directors of various portfolio companies, including as Co-Chair of public company Albertsons Companies (ACI), one of the largest food and pharmaceutical retailers in the US. Other board leadership positions have included Chairman of publicly-traded Avon Products (AVP), Lead Director of defense contractor DynCorp International, Chairman of YP Holdings, Chairman of NewPage Corp., Chairman of Blue Bird Corporation (BLBD), Chairman of North American Bus Industries, Chairman of Guilford Mills, and most recently Chairman of NFI Group (NFI). Before joining Cerberus, he was Lead Director of public company Brady Corporation (BRC), a leading manufacturer of safety and identification products.

He previously served as director of FirstKey Homes, KBS Group Holdings, Staples Solutions, Steward Health Care, Tower International (TWR), and AutoWeb (AUTO).

Prior to joining Cerberus in 2009, Mr. Galbato was President and CEO of the Controls Group of businesses for Invensys plc, a global technology company. Prior to his position with Invensys, he served as President of Services and of the commercial distribution arm for The Home Depot; President and Chief Operating Officer of Armstrong Floor Products, a division of Armstrong World Industries; Chief Executive Officer of Choice Parts, a jointventure start-up; and President and Chief Executive Officer of Coregis Insurance Company, a GE Capital Company.

Early in his career, he spent 14 years with General Electric Company, holding several operating and finance leadership positions within their industrial divisions (including Medical Systems, Appliances, Transportation/Locomotive Systems, and Aircraft Engines). Before his business career, he played professional baseball with the Montreal Expos in their minor league system.

Mr. Galbato holds an M.B.A. degree from the University of Chicago and a B.A. degree in Economics from the State University of New York.

What is Chan Galbato's net worth?

The estimated net worth of Chan Galbato is at least $104.97 thousand as of June 16th, 2026. Galbato owns 4,167 shares of Eastern stock worth more than $104,967 as of August 10th. This net worth approximation does not reflect any other assets that Galbato may own. Learn More about Chan Galbato's net worth.

How do I contact Chan Galbato?

The corporate mailing address for Galbato and other Eastern executives is 112 BRIDGE ST, NAUGATUCK CT, 06770. Eastern can also be reached via phone at (203) 729-2255 and via email at [email protected]. Learn More on Chan Galbato's contact information.

Has Chan Galbato been buying or selling shares of Eastern?

Chan Galbato has not been actively trading shares of Eastern during the last ninety days. Most recently, on Tuesday, June 16th, Chan Galbato bought 940 shares of Eastern stock. The stock was acquired at an average cost of $21.40 per share, with a total value of $20,116.00. Following the completion of the transaction, the director now directly owns 4,167 shares of the company's stock, valued at $89,173.80. Learn More on Chan Galbato's trading history.

Who are Eastern's active insiders?

Eastern's insider roster includes Frederick DiSanto (Director), Chan Galbato (Director), and James Mitarotonda (Director). Learn More on Eastern's active insiders.

Are insiders buying or selling shares of Eastern?

In the last twelve months, Eastern insiders bought shares 42 times. They purchased a total of 55,777 shares worth more than $1,139,936.63. The most recent insider tranaction occured on June, 16th when Director Chan Galbato bought 940 shares worth more than $20,116.00. Insiders at Eastern own 18.4% of the company. Learn More about insider trades at Eastern.

Information on this page was last updated on 6/16/2026.

Chan Galbato Insider Trading History at Eastern

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
6/16/2026Buy940$21.40$20,116.004,167View SEC Filing Icon  
3/16/2026Buy962$20.93$20,134.663,227View SEC Filing Icon  
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Chan Galbato Buying and Selling Activity at Eastern

This chart shows Chan Galbato's buying and selling at Eastern by year and by quarter.

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Eastern Company Overview

Eastern logo
The Eastern Company designs, manufactures, and sells engineered solutions to industrial markets in the United States and internationally. The company offers turnkey returnable packaging solutions, which are used in the assembly processes of vehicles, aircraft, and durable goods, as well as in production processes of plastic packaging products, packaged consumer goods, and pharmaceuticals; designs and manufactures blow mold tools and injection blow mold tooling products, and 2-step stretch blow molds and related components for the stretch blow molding industry; and supplies blow molds and change parts to the food, beverage, healthcare, and chemical industries. It also provides rotary latches, compression latches, draw latches, hinges, camlocks, key switches, padlocks, and handles; and development and program management services for custom electromechanical and mechanical systems for original equipment manufacturers (OEMs) and customer applications. In addition, the company designs and manufactures proprietary vision technology for OEMs and aftermarket applications, as well as offers aftermarket components to the heavy- and medium-duty truck, motorhome, and bus markets. The Eastern Company was founded in 1858 and is based in Shelton, Connecticut.
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Today's Range

Now: $25.19
Low: $24.99
High: $25.45

50 Day Range

MA: $24.31
Low: $20.99
High: $29.39

2 Week Range

Now: $25.19
Low: $17.61
High: $29.91

Volume

13,495 shs

Average Volume

22,481 shs

Market Capitalization

$151.92 million

P/E Ratio

26.24

Dividend Yield

1.75%

Beta

0.84