Salvatore A.  Abbate net worth and biography

Salvatore Abbate Biography and Net Worth

Chief Executive Officer of Veritiv

Salvatore A. Abbate is Chief Executive Officer and a member of the Board of Directors of Veritiv Corporation. Based in Atlanta, GA, Veritiv is a leading North American business-to-business distribution solutions company.

Previously, Sal served as Chief Operating Officer for Veritiv from January 2020 until September 2020 and as Chief Commercial Officer for Veritiv from April 2018 until December 2019.

Prior to that, Sal served as Senior Vice President, Chief Sales & Marketing Officer for Andersen Windows & Doors, Inc., a leading North American window and door manufacturer, from July 2013 to March 2018. From September 2011 to June 2013, Sal served as Senior Vice President, Sales and Marketing for Andersen. Preceding that role, Sal served as Vice-President, Global Sales and Marketing for the performance films division of Solutia, Inc., a performance materials and specialty chemical provider which is now part of the Eastman Chemical Company. Sal began his career at Armstrong World Industries, where he spent 15 years in all three of their business units in various roles including sales, marketing, manufacturing and process improvement. Sal has more than 25 years of experience in a variety of leadership roles in strategy, marketing, sales, distribution, customer service, logistics, manufacturing, and process improvement and earned a Master Black Belt in Six Sigma.

Sal serves as a member of the Executive Committee of the Metro Atlanta Chamber of Commerce and as a member of the Board of Directors for ArcBest (Nasdaq: ARCB), a leading logistics company. Previously, he was a member of the Board of Directors of Junior Achievement of the Upper Midwest from 2012 to 2018. During his tenure, he served as Chair of the Marketing Committee and was a member of the Executive Committee.

Sal has a bachelor’s degree in industrial engineering from the Georgia Institute of Technology, and an MBA from Northwestern University.

What is Salvatore A. Abbate's net worth?

The estimated net worth of Salvatore A. Abbate is at least $620.46 thousand as of August 12th, 2024. Mr. Abbate owns 3,650 shares of Veritiv stock worth more than $620,464 as of December 5th. This net worth estimate does not reflect any other investments that Mr. Abbate may own. Additionally, Mr. Abbate receives an annual salary of $2,800,000.00 as Chief Executive Officer at Veritiv. Learn More about Salvatore A. Abbate's net worth.

How old is Salvatore A. Abbate?

Mr. Abbate is currently 54 years old. There are 7 older executives and no younger executives at Veritiv. Learn More on Salvatore A. Abbate's age.

What is Salvatore A. Abbate's salary?

As the Chief Executive Officer of Veritiv Co., Mr. Abbate earns $2,800,000.00 per year. Learn More on Salvatore A. Abbate's salary.

How do I contact Salvatore A. Abbate?

The corporate mailing address for Mr. Abbate and other Veritiv executives is 1000 Abernathy Road Ne Building 400 Suite 1700, ATLANTA GA, 30328. Veritiv can also be reached via phone at (770) 391-8200 and via email at [email protected]. Learn More on Salvatore A. Abbate's contact information.

Has Salvatore A. Abbate been buying or selling shares of Veritiv?

Salvatore A. Abbate has not been actively trading shares of Veritiv within the last three months. Most recently, Salvatore A. Abbate sold 5,000 shares of the business's stock in a transaction on Thursday, March 16th. The shares were sold at an average price of $121.71, for a transaction totalling $608,550.00. Following the completion of the sale, the chief executive officer now directly owns 136,134 shares of the company's stock, valued at $16,568,869.14. Learn More on Salvatore A. Abbate's trading history.

Who are Veritiv's active insiders?

Veritiv's insider roster includes Salvatore Abbate (Chief Executive Officer), and Stephen Macadam (Director). Learn More on Veritiv's active insiders.

Salvatore A. Abbate Insider Trading History at Veritiv

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
3/16/2023Sell5,000$121.71$608,550.00136,134View SEC Filing Icon  
See Full Table

Salvatore A. Abbate Buying and Selling Activity at Veritiv

This chart shows Salvatore A Abbate's buying and selling at Veritiv by year and by quarter.

Skip ChartChart Data in Insider Trading History Table

Veritiv Company Overview

Veritiv logo
Veritiv Corporation operates as a business-to-business provider of value-added packaging products and services, facility solutions, and print based products and services in the United States and internationally. It operates through Packaging, Facility Solutions, and Print segments. The Packaging segment provides packaging product materials within flexible, corrugated and fiber, ancillary packaging, rigid, and equipment categories. The Facility Solutions segment sources and sells cleaning, break-room, and other supplies in various product categories that include towels and tissues, food service, personal protective equipment, cleaning chemicals, and skincare, as well as re-merchandising, budgeting and compliance reporting, and inventory management services. The Print segment sells and distributes commercial printing, writing, copying, paper, and graphics products. This segment also provides print management, paper procurement, and supply chain management solutions. It serves manufacturing, food and beverage, wholesale and retail, healthcare, transportation, property management, higher education, entertainment and hospitality, commercial printing, and publishing sectors. The company was incorporated in 2013 and is headquartered in Atlanta, Georgia.
Read More

Today's Range

Now: $169.99
Low: $169.99
High: $169.99

50 Day Range

MA: $169.86
Low: $169.39
High: $169.99

2 Week Range

Now: $169.99
Low: $101.50
High: $170.02

Volume

N/A

Average Volume

137,799 shs

Market Capitalization

$2.31 billion

P/E Ratio

8.60

Dividend Yield

1.48%

Beta

2.15