The estimated Net Worth of Frank Lourenso is at least $9.55 million dollars as of 13 February 2024. Mr. Lourenso owns over 8,890 units of Kimco Realty stock worth over $4,781,014 and over the last 21 years he sold KIM stock worth over $4,482,325. In addition, he makes $283,495 as Independent Director at Kimco Realty.
Frank has made over 31 trades of the Kimco Realty stock since 2004, according to the Form 4 filled with the SEC. Most recently he sold 8,890 units of KIM stock worth $172,644 on 13 February 2024.
The largest trade he's ever made was selling 22,500 units of Kimco Realty stock on 14 September 2012 worth over $472,500. On average, Frank trades about 1,762 units every 69 days since 2003. As of 13 February 2024 he still owns at least 203,534 units of Kimco Realty stock.
You can see the complete history of Mr. Lourenso stock trades at the bottom of the page.
Frank Lourenso serves as Independent Director of the Company. Mr. Lourenso has been a Director of the Company since December 1991. Mr. Lourenso is currently a member of the Audit, Executive Compensation and Nominating and Corporate Governance Committees. Mr. Lourenso was an Executive Vice President of JPMorgan Chase & Co. (“J.P. Morgan,” and successor by merger to The Chase Manhattan Bank and Chemical Bank, N.A.) from 1990 until his retirement in June 2013. Mr. Lourenso was a Senior Vice President of J.P. Morgan for more than five years prior to 1990. Mr. Lourenso holds a B.B.A. and an M.B.A. from Baruch College. Executive Vice President of J.P. Morgan, one of the world’s leading financial services firms with global scale and reach, bringing to the Board of Directors the perspective of a financial executive with exposure to a wide array of economic, social and corporate governance issues.
As the Independent Director of Kimco Realty, the total compensation of Frank Lourenso at Kimco Realty is $283,495. There are 11 executives at Kimco Realty getting paid more, with Conor Flynn having the highest compensation of $6,948,570.
Frank Lourenso is 79, he's been the Independent Director of Kimco Realty since 1991. There are 2 older and 14 younger executives at Kimco Realty. The oldest executive at Kimco Realty Corporation is Milton Cooper, 92, who is the Co-Founder & Exec. Chairman.
Frank's mailing address filed with the SEC is C/O KIMCO REALTY CORP., 500 NORTH BROADWAY, JERICHO, NY, 11753.
Over the last 22 years, insiders at Kimco Realty have traded over $186,621,645 worth of Kimco Realty stock and bought 213,644 units worth $4,486,841 . The most active insiders traders include Michael J Flynn, David Henry et Milton Cooper. On average, Kimco Realty executives and independent directors trade stock every 45 days with the average trade being worth of $841,670. The most recent stock trade was executed by David Jamieson on 1 August 2024, trading 50,000 units of KIM stock currently worth $1,096,000.
Kimco Realty executives and other stock owners filed with the SEC include: