The estimated Net Worth of Larry B Porcellato is at least $3.83 million dollars as of 12 July 2024. Mr. Porcellato owns over 2,000 units of HNI stock worth over $1,989,775 and over the last 20 years he sold HNI stock worth over $1,497,500. In addition, he makes $339,617 as Lead Director at HNI.
Larry has made over 24 trades of the HNI stock since 2005, according to the Form 4 filled with the SEC. Most recently he sold 2,000 units of HNI stock worth $96,020 on 12 July 2024.
The largest trade he's ever made was selling 15,000 units of HNI stock on 25 April 2012 worth over $115,050. On average, Larry trades about 422 units every 51 days since 2004. As of 12 July 2024 he still owns at least 39,724 units of HNI stock.
You can see the complete history of Mr. Porcellato stock trades at the bottom of the page.
Larry B. Porcellato serves as Lead Director of the Company. He has been a director of the Corporation since August 2004. He was elected Chairman in January 2019, and held that position through February 12, 2020, when he was appointed to serve as Lead Director of the Board. Mr. Porcellato previously served as Lead Director from May 2017 through December 2018. From 2009 to July 2014, Mr. Porcellato was the Chief Executive Officer of The Homax Group, Inc. (Homax), a leading specialty application consumer products supplier to the home care and repair markets. Previously, from February 2007 to December 2008, he was an independent business consultant and, from 2002 to January 2007, he was the Chief Executive Officer of ICI Paints North America (ICI Paints). Mr. Porcellato is a director of OMNOVA Solutions, Inc., an innovator of emulsion polymers, specialty chemicals and decorative and functional surfaces, and a former director of privately held PSAV Holding LLC, an international, full-service technology in-house audiovisual provider. Mr. Porcellato brings to the Board chief executive officer experience in the building products industry through his former leadership of Homax and his former role as Chief Executive Officer of ICI Paints and financial expertise derived primarily from his service on the audit committee of another public company and previous finance and division leadership roles at other public companies. He also brings to the Board international and marketing expertise derived primarily from his service in various international and marketing roles at Rubbermaid Incorporated and Braun Canada Inc. and corporate governance experience through his service on the compensation and governance committees of another public company. During 2019, Mr. Porcellato served as a member of the Audit Committee.
As the Lead Director of HNI, the total compensation of Larry Porcellato at HNI is $339,617. There are 10 executives at HNI getting paid more, with Jeffrey Lorenger having the highest compensation of $4,207,040.
Larry Porcellato is 61, he's been the Lead Director of HNI since 2020. There are 7 older and 15 younger executives at HNI. The oldest executive at HNI Corp. is Brian Stern, 72, who is the Independent Director.
Larry's mailing address filed with the SEC is 600 EAST SECOND STREET, , MUSCATINE, IA, 52761.
Over the last 21 years, insiders at HNI have traded over $11,819,803 worth of HNI stock and bought 17,302 units worth $698,993 . The most active insiders traders include David Martin Roberts, Dennis J Martin et Joseph Scalzo. On average, HNI executives and independent directors trade stock every 31 days with the average trade being worth of $707,621. The most recent stock trade was executed by Miguel M Calado on 28 August 2024, trading 5,299 units of HNI stock currently worth $280,635.
at hni corporation, we go beyond simply building great desks, chairs, file cabinets and fireplaces. we're focused on building relationships by delivering solutions. with deeply held values that were born with the corporation's founding in 1944, we are a collection of individuals, called members, united by a dedication to integrity, quality, innovation, service and continuous improvement. hni corporation's growth strategy centers on three imperatives: building leading brands, taking care of end users and achieving operational excellence. the corporation's manufacturing and supply chain expertise consistently translates to the highest quality products, provided with the fastest and most dependable turnaround in its industries. hni corporation is a group of nine companies, each representing a family of leading brands, products and services for the office and home. in hni corporation's unique and powerful member-owner environment, every member has an opportunity to share in making the busi
HNI executives and other stock owners filed with the SEC include: