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Ajita G. Rajendra net worth and biography

Ajita Rajendra Biography and Net Worth

Director of A. O. Smith

Mr. Rajendra was first elected to the Board of Directors in 2011 and served as Executive Chairman from September 2018 until his retirement in May 2020. He was appointed Chairman and Chief Executive Officer of the Company in April 2014.

Prior to becoming CEO, he was President and Chief Operating Officer, responsible for the company’s water heater operations in North America, China, Europe and India, as well as the company’s water purification business in China and the Lochinvar, LLC, global boiler business. Mr. Rajendra joined A. O. Smith as President of its Water Products Company in January 2005 and was named an Executive Vice President of the Corporation in 2006; President and Chief Operating Officer in 2011; President and CEO in 2013; Chairman, President and CEO in 2014; and Chairman and CEO in 2017. Prior to joining A. O. Smith, he was Senior Vice President and General Manager of the Industrial Products Group of Kennametal Inc., Latrobe, Pa., a manufacturer of high precision cutting tools used in aerospace, automotive and other industrial applications. Mr. Rajendra began his career in 1978 with Corning Incorporated, Corning, N.Y., holding a wide range of financial, marketing and executive management positions, including President of the Revere Ware Corporation and global P&L responsibility for Corning’s Pyrex and Corning Ware businesses and Corning’s retail operations.

Mr. Rajendra earned a BS in chemical engineering from the Indian Institute of Technology and an MBA from Carnegie-Mellon University. He also graduated from the AMP program at the Harvard Business School. He is also a director of Donaldson Company, Inc. (NYSE: DCI) and The Timken Company (NYSE: TKR), and a member of the Business Roundtable, a member of the Board of Trustees of the Manufacturers Alliance for Productivity and Innovation (MAPI), a member of the Board of Trustees of Alverno College in Milwaukee and a member of the Board of Directors of the Metropolitan Milwaukee Association of Commerce.

What is Ajita G. Rajendra's net worth?: The estimated net worth of Ajita G. Rajendra is at least $3.08 million as of March 7th, 2024. Mr. Rajendra owns 41,961 shares of A. O. Smith stock worth more than $3,081,616 as of November 23rd. This net worth estimate does not reflect any other investments that Mr. Rajendra may own. Learn More about Ajita G. Rajendra's net worth.
How do I contact Ajita G. Rajendra?: The corporate mailing address for Mr. Rajendra and other A. O. Smith executives is 11270 WEST PARK PLACE, MILWAUKEE WI, 53224. A. O. Smith can also be reached via phone at (414) 359-4000 and via email at [email protected]. Learn More on Ajita G. Rajendra's contact information.
Has Ajita G. Rajendra been buying or selling shares of A. O. Smith?: Ajita G. Rajendra has not been actively trading shares of A. O. Smith during the last quarter. Most recently, Ajita G. Rajendra sold 60,258 shares of the business's stock in a transaction on Monday, March 4th. The shares were sold at an average price of $84.51, for a transaction totalling $5,092,403.58. Following the completion of the sale, the director now directly owns 56,951 shares of the company's stock, valued at $4,812,929.01. Learn More on Ajita G. Rajendra's trading history.
Who are A. O. Smith's active insiders?: A. O. Smith's insider roster includes Patricia Ackerman (SVP), Ronald Brown (Director), Samuel Carver (SVP), Robert Heideman (VP), Paul Jones (Director), Daniel Kempken (VP), Michael Larsen (Director), Benjamin Otchere (VP), Mark Petrarca (Insider), Ajita Rajendra (Director), Bruce Smith (Director), Mark Smith (Director), James Stern (VP), David Warren (VP), Kevin Wheeler (CEO), Idelle Wolf (Director), and Gene Wulf (Director). Learn More on A. O. Smith's active insiders.
Are insiders buying or selling shares of A. O. Smith?: During the last twelve months, insiders at the industrial products company sold shares 5 times. They sold a total of 110,336 shares worth more than $9,233,639.66. The most recent insider tranaction occured on August, 7th when SVP Samuel M Carver sold 14,705 shares worth more than $1,191,105.00. Insiders at A. O. Smith own 2.7% of the company. Learn More about insider trades at A. O. Smith.
Information on this page was last updated on 8/7/2024.

Ajita G. Rajendra Insider Trading History at A. O. Smith

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
3/4/2024	Sell	60,258	$84.51	$5,092,403.58	56,951
2/29/2024	Sell	24,669	$83.02	$2,048,020.38	56,951
11/10/2023	Sell	53,125	$72.39	$3,845,718.75	56,951
11/6/2023	Sell	3,978	$72.23	$287,330.94	56,951
11/3/2023	Sell	56,686	$72.24	$4,094,996.64	56,951
2/2/2023	Sell	39,100	$71.02	$2,776,882.00	39,196
12/8/2021	Sell	4,209	$83.29	$350,567.61
11/22/2021	Sell	48,752	$83.19	$4,055,678.88
11/17/2021	Sell	44,620	$82.29	$3,671,779.80
11/16/2020	Sell	50,000	$56.02	$2,801,000.00	141,212
6/3/2020	Sell	46,000	$49.54	$2,278,840.00	135,147
9/10/2019	Sell	16,556	$49.47	$819,025.32	78,163
5/29/2018	Sell	2,600	$64.60	$167,960.00	301,018
5/24/2018	Sell	10,000	$64.06	$640,600.00	301,018
2/21/2018	Sell	5,000	$66.55	$332,750.00	301,018
2/14/2018	Sell	6,800	$64.02	$435,336.00	301,018
11/30/2017	Sell	3,610	$62.74	$226,491.40
11/28/2017	Sell	15,000	$61.81	$927,150.00	299,369
5/5/2017	Sell	30,000	$55.25	$1,657,500.00	269,345
5/25/2016	Sell	5,000	$83.70	$418,500.00	145,185
5/24/2016	Sell	20,000	$82.74	$1,654,800.00	150,185
2/12/2016	Sell	9,945	$65.80	$654,381.00	170,185
2/18/2015	Sell	23,609	$62.44	$1,474,145.96

Ajita G. Rajendra Buying and Selling Activity at A. O. Smith

A. O. Smith Company Overview

A. O. Smith Corporation manufactures and markets residential and commercial gas and electric water heaters, boilers, heat pumps, tanks, and water treatment products in North America, China, Europe, and India. The company offers water heaters for residences, restaurants, hotels, office buildings, laundries, car washes, and small businesses; boilers for hospitals, schools, hotels, and other large commercial buildings, as well as homes, apartments, and condominiums; and water treatment products comprising point-of-entry water softeners, well water solutions, and whole-home water filtration products, and point-of-use carbon and reverse osmosis products for residences, restaurants, hotels, and offices. It also provides commercial water treatment and filtration product; expansion tanks, commercial solar water heating systems, swimming pool and spa heaters, and related products and parts; and electric wall-hung, gas tankless, combi-boiler, and heat pump and solar water heaters. The company offers its products under the A. O. Smith, State, Lochinvar, Hague, Water-Right, Master Water, Atlantic Filter, and Water Tec brands. It distributes its products through independent wholesale plumbing distributors, as well as to retail channels consisting of hardware and home center chains, and manufacturer representative firms; and offers Aquasana branded products directly to consumers through e-commerce channels. A. O. Smith Corporation was founded in 1874 and is headquartered in Milwaukee, Wisconsin.

Today's Range

Now: $73.44

$73.00

$73.80

50 Day Range

MA: $79.94

$71.42

$90.59

2 Week Range

Now: $73.44

$70.73

$92.44

Volume

716,224 shs

Average Volume

1,045,790 shs

Market Capitalization

$10.65 billion

P/E Ratio

19.33

Dividend Yield

1.86%

Beta

1.17