The estimated Net Worth of L Gordon Crovitz is at least $4.45 million dollars as of 5 April 2024. Mr. Crovitz owns over 54,032 units of Houghton Mifflin Harcourt Co stock worth over $4,054,771 and over the last 11 years he sold HMHC stock worth over $229,851. In addition, he makes $170,000 as Independent Director at Houghton Mifflin Harcourt Co.
L has made over 14 trades of the Houghton Mifflin Harcourt Co stock since 2014, according to the Form 4 filled with the SEC. Most recently he exercised 54,032 units of HMHC stock worth $1,153,583 on 5 April 2024.
The largest trade he's ever made was exercising 91,220 units of Houghton Mifflin Harcourt Co stock on 10 April 2017 worth over $1,947,547. On average, L trades about 9,111 units every 84 days since 2014. As of 5 April 2024 he still owns at least 189,919 units of Houghton Mifflin Harcourt Co stock.
You can see the complete history of Mr. Crovitz stock trades at the bottom of the page.
L. Gordon Crovitz is an Independent Director of the Company. Mr. Crovitz co-founded and became co-Chief Executive Officer of NewsGuard Technologies Inc. in 2018, which gives consumers information about the news brands they access online, and has been a partner at NextNews Ventures, a partnership investing in early-stage news companies, since June 2009. Mr. Crovitz served as interim President and Chief Executive Officer of the Company from September 2016 to April 2017. Mr. Crovitz co-founded e-commerce software company Press+ LLC in 2009 and served as Co-Chief Executive Officer from April 2009 to September 2014. From 1980 to 2007, Mr. Crovitz held a number of positions with Dow Jones and The Wall Street Journal, culminating in his role as Executive Vice President for Dow Jones and Publisher of The Wall Street Journal. Mr. Crovitz serves on the Board of Directors of Business Insider, Blurb, Next Digital Limited and Marin Software Incorporated. He is also on the board of the American Association of Rhodes Scholars. Mr. Crovitz’s qualifications to serve on the Board include his management experience in the publishing industry and extensive experience as a director.
As the Independent Director of Houghton Mifflin Harcourt Co, the total compensation of L Crovitz at Houghton Mifflin Harcourt Co is $170,000. There are 16 executives at Houghton Mifflin Harcourt Co getting paid more, with John Lynch having the highest compensation of $4,710,070.
L Crovitz is 61, he's been the Independent Director of Houghton Mifflin Harcourt Co since 2017. There are 7 older and 13 younger executives at Houghton Mifflin Harcourt Co. The oldest executive at Houghton Mifflin Harcourt Co is Lawrence Fish, 75, who is the Independent Chairman of the Board.
L's mailing address filed with the SEC is C/O MARIN SOFTWARE INCORPORATED, 149 NEW MONTGOMERY STREET, 4TH FLOOR, SAN FRANCISCO, CA, 94105.
Over the last 11 years, insiders at Houghton Mifflin Harcourt Co have traded over $475,218,253 worth of Houghton Mifflin Harcourt Co stock and bought 3,938,100 units worth $45,735,611 . The most active insiders traders include & Co. Inc. Paulson, Capital Group, L.L.C.Anchor... et Marc Avenue Capital Managem.... On average, Houghton Mifflin Harcourt Co executives and independent directors trade stock every 7 days with the average trade being worth of $2,582,774. The most recent stock trade was executed by Alejandro Reyes on 9 March 2022, trading 9,501 units of HMHC stock currently worth $202,846.
Houghton Mifflin Harcourt is a learning technology company committed to delivering connected solutions that engage learners, empower educators and improve student outcomes. As a leading provider of K-12 core curriculum, supplemental and intervention solutions and professional learning services, HMH partners with educators and school districts to uncover solutions that unlock students' potential and extend teachers' capabilities. HMH serves more than 50 million students and 3 million educators in 150 countries, while its award-winning children's books, novels, non-fiction, and reference titles are enjoyed by readers throughout the world.
Houghton Mifflin Harcourt Co executives and other stock owners filed with the SEC include: