The estimated Net Worth of Gregory L Summe is at least $44.5 million dollars as of 29 May 2024. Mr. Summe owns over 1,211 units of State Street stock worth over $686,075 and over the last 24 years he sold STT stock worth over $43,449,818. In addition, he makes $345,497 as Independent Director at State Street.
Gregory has made over 29 trades of the State Street stock since 2007, according to the Form 4 filled with the SEC. Most recently he exercised 1,211 units of STT stock worth $100,016 on 29 May 2024.
The largest trade he's ever made was exercising 900,000 units of State Street stock on 31 August 2007 worth over $12,267,000. On average, Gregory trades about 50,094 units every 80 days since 2001. As of 29 May 2024 he still owns at least 8,307 units of State Street stock.
You can see the complete history of Mr. Summe stock trades at the bottom of the page.
Gregory L. Summe is an Independent Director of State Street Corporation. Mr. Summe has extensive management experience leading large and complex corporate organizations in evolving environments. While vice chairman of Carlyle Group, he was responsible for buyout funds in financial services, infrastructure, Japan, the Middle East and African markets and served on the firm’s operating and investment committees. His experience in private equity has afforded him a deepened exposure to understanding varied business models, practices, strategies and environments and assessing value in varied international regions. During his tenure as chairman and chief executive officer at PerkinElmer, Mr. Summe led the company’s transformation from a diversified defense contractor to a technology leader in health sciences. Prior to joining PerkinElmer, Mr. Summe held leadership positions at AlliedSignal (now Honeywell), General Electric and McKinsey & Co. Mr. Summe holds B.S. and M.S. degrees in electrical engineering from the University of Kentucky and the University of Cincinnati, and an M.B.A. with distinction from the Wharton School of the University of Pennsylvania. Mr. Summe has published a number of articles in the Harvard Business Review, Electronic Business, and various technical journals and is in the Engineering Hall of Distinction at the University of Kentucky.
As the Independent Director of State Street, the total compensation of Gregory Summe at State Street is $345,497. There are 15 executives at State Street getting paid more, with Francisco Aristeguieta having the highest compensation of $13,352,300.
Gregory Summe is 63, he's been the Independent Director of State Street since 2010. There are 6 older and 31 younger executives at State Street. The oldest executive at State Street Corp. is Patrick de Saint-Aignan, 71, who is the Independent Director.
Gregory's mailing address filed with the SEC is C/O NXP SEMICONDUCTORS N.V., HIGH TECH CAMPUS 60, EINDHOVEN, P7, 5656AG.
Over the last 11 years, insiders at State Street have traded over $150,371,293 worth of State Street stock and bought 15,240 units worth $862,809 . The most active insiders traders include Thomas J Wilson, Gregory L Summe et William L Meaney. On average, State Street executives and independent directors trade stock every 18 days with the average trade being worth of $1,104,393. The most recent stock trade was executed by John Plansky on 23 August 2024, trading 12,200 units of STT stock currently worth $1,011,502.
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State Street executives and other stock owners filed with the SEC include: