Kenneth Seipel Biography and Net Worth

Director of Citi Trends


Kenneth Duane Seipel serves as Independent Director of the Company. He has served as the Chief Executive Officer of West Marine Inc., the world’s largest retailer of boating supplies, since January 2019. From April 2017 until December 2018, Mr. Seipel served as a Principal of Retail Business Optimization LLC, a consulting firm helping retailers optimize their retail execution. From March 2013 to March 2017, Mr. Seipel served as Chief Executive Officer of Gabriel Brothers Inc., an off-priced retailer selling designer brands and fashions for up to 70% off department and specialty store prices. From March 2011 until February 2013, Mr. Seipel served as President and Chief Operating Officer of Wet Seal Inc. Prior to that, Mr. Seipel served as the President and Chief Merchandise/Marketing Officer of Pamida Discount Stores LLC, a regional discount chain of department stores with more than 175 locations in the United States, from 2009 until 2011. Previous to this, Mr. Seipel served as Executive Vice President of Stores, Operations and Store Design for the Old Navy division of Gap, Inc., an American clothing brand and chain of more than 1,000 stores in the United States and Canada, from 2003 through 2008. Mr. Seipel also held various merchandising and operations management roles earlier in his career with Target Corporation, a public retailing company and the second largest discount retailer in the United States, Shopko Stores, Inc., a privately-held chain of retail stores, and J. C. Penney Company, Inc., a public corporation which operates a chain of mid-range department stores and catalog sales merchant offices throughout the United States.

What is Kenneth Duane Seipel's net worth?

The estimated net worth of Kenneth Duane Seipel is at least $5.04 million as of August 28th, 2024. Mr. Seipel owns 282,139 shares of Citi Trends stock worth more than $5,039,003 as of November 20th. This net worth approximation does not reflect any other assets that Mr. Seipel may own. Additionally, Mr. Seipel receives an annual salary of $78,200.00 as Director at Citi Trends. Learn More about Kenneth Duane Seipel's net worth.

How old is Kenneth Duane Seipel?

Mr. Seipel is currently 63 years old. There are 5 older executives and no younger executives at Citi Trends. The oldest executive at Citi Trends is Mr. Peter R. Sachse, Executive Chairman, who is 66 years old. Learn More on Kenneth Duane Seipel's age.

What is Kenneth Duane Seipel's salary?

As the Director of Citi Trends, Inc., Mr. Seipel earns $78,200.00 per year. There are 4 executives that earn more than Mr. Seipel. The highest earning executive at Citi Trends is Ms. Lisa A. Powell, Executive VP & Chief Merchandising Officer, who commands a salary of $490,390.00 per year. Learn More on Kenneth Duane Seipel's salary.

How do I contact Kenneth Duane Seipel?

The corporate mailing address for Mr. Seipel and other Citi Trends executives is 104 COLEMAN BOULEVARD, SAVANNAH GA, 31408. Citi Trends can also be reached via phone at (912) 236-1561 and via email at [email protected]. Learn More on Kenneth Duane Seipel's contact information.

Has Kenneth Duane Seipel been buying or selling shares of Citi Trends?

Kenneth Duane Seipel has not been actively trading shares of Citi Trends within the last three months. Most recently, on Wednesday, August 28th, Kenneth Duane Seipel bought 25,000 shares of Citi Trends stock. The stock was acquired at an average cost of $14.39 per share, with a total value of $359,750.00. Following the completion of the transaction, the chief executive officer now directly owns 282,139 shares of the company's stock, valued at $4,059,980.21. Learn More on Kenneth Duane Seipel's trading history.

Who are Citi Trends' active insiders?

Citi Trends' insider roster includes Ivy Council (SVP), James Dunn (SVP), Christina Francis (Director), Charles Hynes (VP), Margaret Jenkins (Director), David Makuen (CEO), Jason Moschner (VP), Lisa Powell (Insider), and Kenneth Seipel (Director). Learn More on Citi Trends' active insiders.

Are insiders buying or selling shares of Citi Trends?

During the last twelve months, Citi Trends insiders bought shares 49 times. They purchased a total of 997,963 shares worth more than $22,493,929.66. During the last twelve months, insiders at the sold shares 1 times. They sold a total of 12,000 shares worth more than $286,320.00. The most recent insider tranaction occured on September, 10th when Director David A Heath bought 1,500 shares worth more than $21,885.00. Insiders at Citi Trends own 3.8% of the company. Learn More about insider trades at Citi Trends.

Information on this page was last updated on 9/10/2024.

Kenneth Duane Seipel Insider Trading History at Citi Trends

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
8/28/2024Buy25,000$14.39$359,750.00282,139View SEC Filing Icon  
7/12/2024Buy135,128$19.06$2,575,539.68319,562View SEC Filing Icon  
7/10/2024Buy86,998$18.96$1,649,482.08123,916View SEC Filing Icon  
12/22/2021Buy500$74.71$37,355.00View SEC Filing Icon  
12/20/2021Buy1,000$68.86$68,860.00View SEC Filing Icon  
12/17/2021Buy450$69.78$31,401.00View SEC Filing Icon  
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Kenneth Duane Seipel Buying and Selling Activity at Citi Trends

This chart shows Kenneth Duane Seipel's buying and selling at Citi Trends by year and by quarter.

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Citi Trends Company Overview

Citi Trends logo
Citi Trends, Inc. operates as a value retailer of fashion apparel, accessories, and home goods. The company offers apparel, such as fashion sportswear and footwear for men and ladies, as well as apparel for kids, including newborns, infants, toddlers, boys, and girls; sleepwear, lingerie, and scrubs for ladies; and kids uniforms and accessories. It also provides accessories and beauty products that include handbags, luggage, hats, belts, sunglasses, jewelry, and watches, as well as offers outerwear for men and women. In addition, the company offers home and lifestyle products comprising home products for the bedroom, bathroom, kitchen, and decorative accessories; and food, tech, team sports, health and products, as well as seasonal items, books, and toys. Citi Trends, Inc. provides its products primarily to African American and multicultural families in the United States. The company was formerly known as Allied Fashion, Inc. and changed its name to Citi Trends, Inc. in 2001. Citi Trends, Inc. was founded in 1946 and is headquartered in Savannah, Georgia.
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Today's Range

Now: $17.85
Low: $17.63
High: $18.19

50 Day Range

MA: $18.68
Low: $15.87
High: $20.37

2 Week Range

Now: $17.85
Low: $13.65
High: $32.90

Volume

10,936 shs

Average Volume

122,373 shs

Market Capitalization

$153.87 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

2.4