John Teets Net Worth
As of March 25, 2023, John Teets net worth is estimated to be around $289,000. John Teets holds more than 3,250 shares of Air Transport Services Group Inc. (ATSG) stock, which is worth about $116,399. He works as an Independent Director at Air Transport Services Inc., earning a yearly salary of $172,498. Over his career with the company, he hasn’t sold any of his ATSG stock.
John Teets’ Stock Transactions
Based on records filed with the SEC, John Teets has traded ATSG stock at least four times since 2017. His most recent trade took place on March 25, 2023, when he exercised 3,250 shares valued at $65,195. His biggest trade was on May 25, 2017, when he exercised 5,000 shares worth over $60,400. On average, John Teets buys about 224 shares every 37 days. As of March 2023, he holds at least 7,978 shares in Air Transport Services Inc.
Who is John Teets?
John Teets is an Independent Director of Air Transport Services Group, Inc. and brings a lot of experience in finance and investment. He co-founded Red Mountain Capital Partners, an investment management company, in 2005. Before this, he worked as an investment banker at Goldman Sachs, where he became Vice President in 2004. Prior to Goldman Sachs, John Teets worked with Citigroup in investment banking.
John Teets has a bachelor’s degree from Occidental College and a master’s degree from the London School of Economics. He also serves as a director for other companies, such as Marlin Business Services Corp., Nature’s Sunshine Products, Inc., and Yuma Energy, Inc. In addition, he has served on other boards in the past, including Encore Capital Group, Inc., and Affirmative Insurance Holdings, Inc.
Since joining Air Transport Services Group Inc. in 2009, John Teets has been an important member of the board. He leads the Compensation Committee and is part of the Nominating and Governance Committee.
Also read: Mike Goodnough Net Worth.
John Teets’ Salary
As an Independent Director at Air Transport Services Inc., John Teets makes $172,498 per year. Compared to other executives at the company, his salary is lower, with the highest-paid executive, Joseph Hete, earning over $3 million.
John Teets’ Age and Role
John Teets is 47 years old and has served as an Independent Director at Air Transport Services Inc. since 2009. He is one of 17 board members, and the oldest is Richard Baudouin, who is 68.
John Teets’ Trading Results
GuruFocus monitors John Teets’ stock trades and checks how they perform over different timeframes. On average, stocks bought by John Teets over three months have returned -8.49%. In comparison to the S&P 500 index, stocks he bought have not performed better than the index in that time period.
Contact Information for John Teets
If needed, you can reach John Teets through his office at Red Mountain Capital Management Inc., located at 10100 Santa Monica Boulevard, Suite 925, Los Angeles, CA 90067.
In summary, John Teets Net Worth reflects his work as an Independent Director and his years in finance. His role at Air Transport Services Inc. involves making key financial and governance decisions, contributing to the company’s growth.
Conclusion
John Teets net worth highlights his steady financial growth and investment strategy, particularly through his involvement with Air Transport Services Inc. and Red Mountain Capital Partners. With over a decade on the board at ATSG, he has provided valuable expertise in finance and governance, helping guide the company in a competitive industry.
His experience across top firms and various directorships demonstrates his commitment to long-term growth, both for himself and the companies he serves. As he continues in his role, John Teets’ net worth and influence will likely continue to grow, underscoring his standing as a respected figure in the finance and business world.
