Richard J.  Lampen net worth and biography

Richard Lampen Biography and Net Worth

Exec. VP of Vector Group
Richard J. Lampen is our Executive Vice President and Chief Operating Officer as well as Executive Vice President and Chief Operating Officer of our subsidiary, New Valley LLC, and is a member of our Board of Directors. Mr. Lampen also serves as Executive Vice President and Chief Operating Officer and as a member of the Board of Directors of Douglas Elliman Inc. (NYSE: DOUG), a leading residential real estate brokerage company offering a comprehensive suite of technology real estate services and investments, and as a member of the Board of Managers of its subsidiary, Douglas Elliman Realty, LLC. From September 2006 until its acquisition in February 2020, Mr. Lampen served as President and Chief Executive Officer of Ladenburg Thalmann Financial Services (“Ladenburg”), a publicly-traded diversified financial services company, which was acquired by Advisor Group, a portfolio company of Reverence Capital Partners. Mr. Lampen also served as Chairman of Ladenburg Thalmann from September 2018 until the company was acquired. From October 2008 until October 2019, Mr. Lampen served as President and Chief Executive Officer and was a member of the Board of Directors of Castle Brands Inc. (“Castle”), a publicly-traded spirits company, prior to its acquisition by Pernod Ricard. Vector held an approximate 10% interest in Ladenburg and an approximate 8% equity interest in Castle.

Mr. Lampen serves as a member of the Executive Committee of the Frost Science Museum in Miami and as a member of the National Board of the American Jewish Committee. Mr. Lampen is the past Chair of the Board of Directors of the Financial Services Institute and the past Chair of the Board of Trustees of the Ransom Everglades School and is a director and past Chair of the Board of Directors of the Miami Children’s Museum.

Prior to joining Vector in 1995, Mr. Lampen was a partner at Steel Hector & Davis, a law firm located in Miami, Florida. Previously, Mr. Lampen was a Managing Director at Salomon Brothers Inc. Mr. Lampen has served as a director of a number of companies, including Ladenburg Thalmann Financial Services Inc., Castle Brands Inc., Douglas Elliman Realty, LLC, New Valley Corporation, U.S. Can Corporation, Spec’s Music Inc. and The International Bank of Miami, N.A., as well as a court-appointed independent director of Trump Plaza Funding, Inc.

Mr. Lampen received a Bachelor of Arts degree from Johns Hopkins University and a Juris Doctorate from Columbia Law School.

How old is Richard J. Lampen?

Mr. Lampen is currently 70 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 Richard J. Lampen's age.

How do I contact Richard J. Lampen?

The corporate mailing address for Mr. Lampen 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 Richard J. Lampen's contact information.

Has Richard J. Lampen been buying or selling shares of Vector Group?

Richard J. Lampen has not been actively trading shares of Vector Group during the last ninety days. Learn More on Richard J. Lampen'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.

Richard J. Lampen Insider Trading History at Vector Group

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Richard J. Lampen Buying and Selling Activity at Vector Group

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Vector Group Company Overview

Vector Group logo
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.
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Today's Range

Now: $10.05
Low: $9.95
High: $10.05

50 Day Range

MA: $10.76
Low: $9.84
High: $11.77

2 Week Range

Now: $10.05
Low: $9.80
High: $13.43

Volume

1,067,726 shs

Average Volume

879,960 shs

Market Capitalization

$1.58 billion

P/E Ratio

8.66

Dividend Yield

8.01%

Beta

1.02