Vineet A. Nargolwala net worth and biography

Vineet Nargolwala Biography and Net Worth

Vineet Nargolwala is the President and Chief Executive Officer of Allegro Microsystems and serves as a member of its board of directors. He has held these positions since June 2022. Allegro Microsystems (NASDAQ: ALGM) is a global leader in power and sensing semiconductor solutions for E-Mobility and Clean Energy applications. Through its innovations, Allegro is helping customers make breakthrough advancements in areas like advanced mobility, clean energy, and factory automation. Vineet brings over 25 years of experience leading automotive and industrial technology businesses and transforming them for growth. As CEO, Vineet is leading the Allegro team towards the next phase of its growth journey.

Vineet also serves on the board of Brady Corporation (NYSE: BRC) and on its Audit and Finance committees. Prior to joining the Allegro, Vineet spent over nine years at Sensata Technologies in various executive roles and most recently served as Executive Vice President of Sensing Solutions- a $2B business group serving Industrial, Aerospace, Transport and Clean Energy markets. Prior to Sensata, he was with Honeywell International Inc. for almost a decade in business strategy and P&L leadership roles of increasing responsibility. He started his career as an electrical engineer working in wireless communications at Nortel Networks.

Vineet earned an MBA from Cornell University, a Masters in Electrical Engineering from the University of Texas and a Bachelor’s degree in Electrical Engineering from Maharaja Sayajirao University in Baroda, India.

What is Vineet A. Nargolwala's net worth?: The estimated net worth of Vineet A. Nargolwala is at least $6.80 million as of November 17th, 2023. Mr. Nargolwala owns 302,161 shares of Allegro MicroSystems stock worth more than $6,804,666 as of December 3rd. This net worth evaluation does not reflect any other assets that Mr. Nargolwala may own. Additionally, Mr. Nargolwala receives a salary of $1,450,000.00 as CEO at Allegro MicroSystems. Learn More about Vineet A. Nargolwala's net worth.
How old is Vineet A. Nargolwala?: Mr. Nargolwala is currently 51 years old. There are 7 older executives and no younger executives at Allegro MicroSystems. Learn More on Vineet A. Nargolwala's age.
What is Vineet A. Nargolwala's salary?: As the CEO of Allegro MicroSystems, Inc., Mr. Nargolwala earns $1,450,000.00 per year. Learn More on Vineet A. Nargolwala's salary.
How do I contact Vineet A. Nargolwala?: The corporate mailing address for Mr. Nargolwala and other Allegro MicroSystems executives is , , . Allegro MicroSystems can also be reached via phone at 603-626-2300 and via email at [email protected]. Learn More on Vineet A. Nargolwala's contact information.
Has Vineet A. Nargolwala been buying or selling shares of Allegro MicroSystems?: Vineet A. Nargolwala has not been actively trading shares of Allegro MicroSystems during the last ninety days. Most recently, on Friday, November 17th, Vineet A. Nargolwala bought 1,000 shares of Allegro MicroSystems stock. The stock was acquired at an average cost of $27.84 per share, with a total value of $27,840.00. Following the completion of the transaction, the chief executive officer now directly owns 302,161 shares of the company's stock, valued at $8,412,162.24. Learn More on Vineet A. Nargolwala's trading history.
Who are Allegro MicroSystems' active insiders?: Allegro MicroSystems' insider roster includes Christopher Brown (VP), Derek D'Antilio (CFO), Michael Doogue (SVP), Noriharu Fujita (Director), Max Glover (SVP), Reza Kazerounian (Director), Richard Lury (Director), Susan Lynch (Director), Joseph Martin (Director), Vineet Nargolwala (CEO), Thomas Teebagy Jr. (SVP), Joanne Valente (SVP), Ravi Vig (CEO), Paul Walsh Jr (CFO), and Paul Walsh, Jr. (CFO). Learn More on Allegro MicroSystems' active insiders.
Are insiders buying or selling shares of Allegro MicroSystems?: In the last year, Allegro MicroSystems insiders bought shares 1 times. They purchased a total of 15,000 shares worth more than $285,000.00. In the last year, insiders at the sold shares 3 times. They sold a total of 38,775,815 shares worth more than $898,106,015.40. The most recent insider tranaction occured on November, 18th when SVP Michael Doogue bought 15,000 shares worth more than $285,000.00. Insiders at Allegro MicroSystems own 0.5% of the company. Learn More about insider trades at Allegro MicroSystems.
Information on this page was last updated on 11/18/2024.

Vineet A. Nargolwala Insider Trading History at Allegro MicroSystems

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details
11/17/2023	Buy	1,000	$27.84	$27,840.00	302,161

Vineet A. Nargolwala Buying and Selling Activity at Allegro MicroSystems

Allegro MicroSystems Company Overview

Allegro MicroSystems, Inc., together with its subsidiaries, designs, develops, manufactures, and markets sensor integrated circuits (ICs) and application-specific analog power ICs for motion control and energy-efficient systems. Its products include magnetic sensor ICs, such as position, speed, and current sensor ICs; and power ICs comprising motor driver ICs, regulator and LED driver ICs, and isolated gate drivers. The company sells its products to original equipment manufacturers and distributors primarily in the automotive and industrial markets through its direct sales force, third party distributors, independent sales representatives, and consignment. It operates in the United States, rest of the Americas, Europe, Japan, Greater China, South Korea, and other Asian markets. The company was founded in 1990 and is headquartered in Manchester, New Hampshire. Allegro MicroSystems, Inc. is a subsidiary of Sanken Electric Co., Ltd.

Today's Range

Now: $21.88

$21.66

$22.49

50 Day Range

MA: $21.37

$19.07

$24.31

2 Week Range

Now: $21.88

$18.59

$33.26

Volume

1,715,173 shs

Average Volume

1,847,927 shs

Market Capitalization

$4.03 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.67

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Vineet Nargolwala Biography and Net Worth

What is Vineet A. Nargolwala's net worth?

How old is Vineet A. Nargolwala?

What is Vineet A. Nargolwala's salary?

How do I contact Vineet A. Nargolwala?

Has Vineet A. Nargolwala been buying or selling shares of Allegro MicroSystems?

Who are Allegro MicroSystems' active insiders?

Are insiders buying or selling shares of Allegro MicroSystems?