A driving force in the growth of Williams-Sonoma, Inc., Laura Alber has served as the company's president and chief executive officer since 2010. In her tenure at WSI, Alber has held various leadership roles, executing effective growth strategies, strengthening brand recognition, and bolstering profits for the company's portfolio of multi-channel brands.
As the company continues to innovate, launch new businesses and expand product offerings, she has extended the WSI imprint into new categories with introductions such as Pottery Barn Kids, PBteen, PBdorm and most recently new growth opportunities — West Elm and West Elm Market, Mark and Graham, Rejuvenation and the WS Agrarian collection.
Alber considers WSI to be at the poignant intersection of superior lifestyle merchandising and state-of-the-art analytics, positioning the company to outperform competitor lifestyle brands. Through her leadership, she fosters a strong collaborative culture, which she believes is fundamental to continued growth and international expansion.
Alber believes that WSI's portfolio of global brands, paired with its collaborative and creative culture, and the focus on the customer, is positioning WSI to be "Tomorrow's Retailer."
"Our customers love their homes, and we have a singular focus on helping make them a reflection of who they are," says Alber. This commitment is evident across all WSI brands and Alber believes each brand's unique design aesthetic and price-point differentiation enable the company to address a broad spectrum of customers' personal styles, needs and life stages.
Alber currently serves as a director of Fitbit, Inc. She received a B.A. in Psychology from the University of Pennsylvania.
What is Laura J. Alber's net worth?
The estimated net worth of Laura J. Alber is at least $166.53 million as of July 15th, 2024. Ms. Alber owns 1,070,956 shares of Williams-Sonoma stock worth more than $166,533,658 as of July 26th. This net worth evaluation does not reflect any other investments that Ms. Alber may own. Additionally, Ms. Alber receives an annual salary of $9,700,000.00 as CEO at Williams-Sonoma. Learn More about Laura J. Alber's net worth.
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Has Laura J. Alber been buying or selling shares of Williams-Sonoma?
Over the course of the past ninety days, Laura J. Alber has sold $6,258,000.00 in shares of Williams-Sonoma stock. Most recently, Laura Alber sold 40,000 shares of the business's stock in a transaction on Monday, July 15th. The shares were sold at an average price of $156.45, for a transaction totalling $6,258,000.00. Following the completion of the sale, the chief executive officer now directly owns 1,070,956 shares of the company's stock, valued at $167,551,066.20. Learn More on Laura J. Alber's trading history.
Who are Williams-Sonoma's active insiders?
Are insiders buying or selling shares of Williams-Sonoma?
During the last year, insiders at the specialty retailer sold shares 15 times. They sold a total of 514,790 shares worth more than $55,198,949.51. The most recent insider tranaction occured on July, 15th when CEO Laura Alber sold 40,000 shares worth more than $6,258,000.00. Insiders at Williams-Sonoma own 1.5% of the company.
Learn More about insider trades at Williams-Sonoma. Information on this page was last updated on 7/15/2024.
