Peter R.  Matt net worth and biography

Peter Matt Biography and Net Worth

President, CEO and Director of Commercial Metals
Mr. Matt has served as the President and Chief Executive Officer of CMC since September 1, 2023 and has served as President of CMC since April 2023. Prior to joining CMC, Mr. Matt served as Executive Vice President and Chief Financial Officer of Constellium N.V. (“Constellium”), a global aluminum fabrication company from 2016 to 2023. Prior to joining Constellium, Mr. Matt served as a Managing Partner for Tumpline Capital, LLC from 2015 to 2016. From 1985 to 2015, he held various leadership positions with Credit Suisse.

What is Peter R. Matt's net worth?

The estimated net worth of Peter R. Matt is at least $4.63 million as of October 23rd, 2023. Mr. Matt owns 92,182 shares of Commercial Metals stock worth more than $4,633,989 as of December 21st. This net worth approximation does not reflect any other assets that Mr. Matt may own. Additionally, Mr. Matt receives an annual salary of $1,060,000.00 as President, CEO and Director at Commercial Metals. Learn More about Peter R. Matt's net worth.

How old is Peter R. Matt?

Mr. Matt is currently 61 years old. There are 5 older executives and no younger executives at Commercial Metals. Learn More on Peter R. Matt's age.

What is Peter R. Matt's salary?

As the President, CEO and Director of Commercial Metals, Mr. Matt earns $1,060,000.00 per year. There are 2 executives that earn more than Mr. Matt. The highest earning executive at Commercial Metals is Mr. Paul J. Lawrence, Senior VP & CFO, who commands a salary of $1,400,000.00 per year. Learn More on Peter R. Matt's salary.

How do I contact Peter R. Matt?

The corporate mailing address for Mr. Matt and other Commercial Metals executives is 6565 N. MACARTHUR BLVD. SUITE 800 P O BOX 1046, IRVING TX, 75039. Commercial Metals can also be reached via phone at (214) 689-4300 and via email at [email protected]. Learn More on Peter R. Matt's contact information.

Has Peter R. Matt been buying or selling shares of Commercial Metals?

Peter R. Matt has not been actively trading shares of Commercial Metals within the last three months. Most recently, on Monday, October 23rd, Peter R. Matt bought 6,200 shares of Commercial Metals stock. The stock was acquired at an average cost of $40.30 per share, with a total value of $249,860.00. Following the completion of the transaction, the chief executive officer now directly owns 92,182 shares of the company's stock, valued at $3,714,934.60. Learn More on Peter R. Matt's trading history.

Who are Commercial Metals' active insiders?

Commercial Metals' insider roster includes Ty Garrison (SVP), Peter Matt (President, CEO and Director), Gary Mccullough (Director), John McPherson (Director), Tracy Porter (COO), Stephen Simpson (SVP), Lindsay Sloan (CAO), and Barbara Smith (CEO). Learn More on Commercial Metals' active insiders.

Are insiders buying or selling shares of Commercial Metals?

In the last year, insiders at the basic materials company sold shares 6 times. They sold a total of 320,089 shares worth more than $16,383,553.05. The most recent insider tranaction occured on March, 27th when Chairman Barbara Smith sold 35,704 shares worth more than $2,066,547.52. Insiders at Commercial Metals own 0.5% of the company. Learn More about insider trades at Commercial Metals.

Information on this page was last updated on 3/27/2024.

Peter R. Matt Insider Trading History at Commercial Metals

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
10/23/2023Buy6,200$40.30$249,860.0092,182View SEC Filing Icon  
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Peter R. Matt Buying and Selling Activity at Commercial Metals

This chart shows Peter R Matt's buying and selling at Commercial Metals by year and by quarter.

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Commercial Metals Company Overview

Commercial Metals logo
Commercial Metals Company manufactures, recycles, and fabricates steel and metal products, and related materials and services in the United States, Poland, China, and internationally. It operates through two segments, North America and Europe. The company processes and sells ferrous and nonferrous scrap metals to steel mills and foundries, aluminum sheet and ingot manufacturers, brass and bronze ingot makers, copper refineries and mills, secondary lead smelters, specialty steel mills, high temperature alloy manufacturers, and other consumers. It also manufactures and sells finished long steel products, including reinforcing bar, merchant bar, light structural, and other special sections, as well as semi-finished billets for rerolling and forging applications. In addition, the company provides fabricated rebar used to reinforce concrete primarily in the construction of commercial and non-commercial buildings, hospitals, convention centers, industrial plants, power plants, highways, bridges, arenas, stadiums, and dams; sells and rents construction-related products and equipment to concrete installers and other businesses; and manufactures and sells strength bars for the truck trailer industry, special bar steels for the energy market, and armor plates for military vehicles. Further, it manufactures rebars, merchant bars, and wire rods; and sells fabricated rebars, wire meshes, fabricated meshes, assembled rebar cages, and other fabricated rebar by-products to fabricators, manufacturers, distributors, and construction companies. The company was founded in 1915 and is headquartered in Irving, Texas.
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Today's Range

Now: $50.27
Low: $48.43
High: $50.68

50 Day Range

MA: $57.90
Low: $49.53
High: $63.32

2 Week Range

Now: $50.27
Low: $47.42
High: $64.53

Volume

3,106,754 shs

Average Volume

873,590 shs

Market Capitalization

$5.73 billion

P/E Ratio

12.14

Dividend Yield

1.33%

Beta

1.15