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Howard M. Lorber net worth and biography

Howard Lorber Biography and Net Worth

Pres of Vector Group

Howard M. Lorber has been our Executive Chairman of the Board since January 2007 and a director since 1987. Mr. Lorber previously served as our Chairman of the Board from 1990 through December 2006 and as our Chief Executive Officer from 1993 until December 2006. Mr. Lorber has been President and Chief Executive Officer of Vector Group Ltd., a holding company, since January 2006, a director since January 2001 and was President and Chief Operating Officer from January 2001 to December 2005. Mr. Lorber served as Vice Chairman of the board of directors of Ladenburg Thalmann Financial Services, Inc., an investment banking and brokerage firm, from July 2006 to December 2019 and formerly as Chairman from May 2001 to July 2006; a director of Clipper Realty, Inc., a real estate company, since July 2015; formerly as a director of Morgans Hotel Group Co., a hotel company from March 2015 until November 2016 and Chairman of such entity from May 2015 to November 2016. From November 1994 to December 2005, Mr. Lorber served as President and Chief Operating Officer of New Valley Corporation, where he also served as a director. In 2017 Mr. Lorber was appointed to serve as Chairman of the United States Holocaust Memorial Museum. He is also a trustee of Long Island University.

How old is Howard M. Lorber?: Mr. Lorber is currently 75 years old. There are 6 older executives and no younger executives at Vector Group. The oldest executive at Vector Group is Mr. Fredrick W. Schmidt III, CPA, VP & Controller, who is 79 years old. Learn More on Howard M. Lorber's age.
How do I contact Howard M. Lorber?: The corporate mailing address for Mr. Lorber and other Vector Group executives is 4400 BISCAYNE BOULEVARD, MIAMI FL, 33137. Vector Group can also be reached via phone at (305) 579-8000 and via email at [email protected]. Learn More on Howard M. Lorber's contact information.
Has Howard M. Lorber been buying or selling shares of Vector Group?: Howard M. Lorber has not been actively trading shares of Vector Group in the last ninety days. Learn More on Howard M. Lorber's trading history.
Who are Vector Group's active insiders?: Vector Group's insider roster includes Nicholas Anson (Pres & COO of Liggett Group LLC and Liggett Vector Brands LLC ), James Kirkland (Sr. VP), Richard Lampen (Exec. VP), Bennett Lebow (Director), and Howard Lorber (Pres). Learn More on Vector Group's active insiders.
Are insiders buying or selling shares of Vector Group?: In the last twelve months, Vector Group insiders bought shares 2 times. They purchased a total of 20,000 shares worth more than $206,400.00. In the last twelve months, insiders at the sold shares 2 times. They sold a total of 130,000 shares worth more than $1,618,400.00. The most recent insider tranaction occured on December, 13th when Director Bennett S Lebow sold 50,000 shares worth more than $584,000.00. Insiders at Vector Group own 7.1% of the company. Learn More about insider trades at Vector Group.
Information on this page was last updated on 12/13/2023.

Howard M. Lorber Insider Trading History at Vector Group

Howard M. Lorber Buying and Selling Activity at Vector Group

Vector Group Company Overview

Vector Group Ltd., through its subsidiaries, engages in the manufacture and sale of cigarettes in the United States. It operates in two segments, Tobacco and Real Estate. The company produces cigarettes under the Montego, EAGLE 20's, Pyramid, Grand Prix, Liggett Select, Eve, and USA brand names, as well as various partner and private label brands. It also invests in planned communities, condominium and mixeduse developments, apartment buildings, hotels, and commercial properties. The company markets and sells its cigarettes to wholesalers and distributors of tobacco and convenience products, as well as grocery, drug, and convenience store chains. The company was formerly known as Brooke Group Ltd. and changed its name to Vector Group Ltd. in May 2000. Vector Group Ltd. was founded in 1873 and is headquartered in Miami, Florida.

Today's Range

Now: $10.44

$10.26

$10.52

50 Day Range

MA: $10.76

$9.84

$11.77

2 Week Range

Now: $10.44

$9.80

$13.43

Volume

1,568,314 shs

Average Volume

888,694 shs

Market Capitalization

$1.65 billion

P/E Ratio

9.00

Dividend Yield

7.78%

Beta

1.02

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