Yancey L. Spruill net worth and biography

Yancey Spruill Biography and Net Worth

CEO of DigitalOcean

As Chief Executive Officer, Yancey Spruill drives the overall strategy for DigitalOcean leading the company through its next phase of profitable growth. He brings a wealth of technical, financial, and leadership experience and spent the last 15 years in senior executive roles at technology companies including SendGrid and DigitalGlobe. Yancey started his career working as a manufacturing engineer at Corning Incorporated and The Clorox Company. He also has extensive investment banking experience focused on mergers and acquisitions at JPMorgan, Lehman Brothers, and Thomas Weisel Partners.

Prior to joining DigitalOcean, Yancey was Chief Operating Officer and Chief Financial Officer at SendGrid from 2015 to 2019, where he profitably grew revenue from $50 million to over $170 million and nearly tripled the company’s customer base. He also helped guide the company through its IPO in late 2017 and its $3 billion all-stock sale in early 2019 to Twilio. Previously, Yancey was the long-time Chief Financial Officer of DigitalGlobe, where he helped drive revenue growth from $50 million to nearly $700 million and EBITDA of approximately $300 million, and helped guide the company through its IPO in 2009.

During his career, he has advised on and executed over $50 billion of M&A and $4 billion in equity and debt raising transactions. He has previously served on several boards of directors of publicly-traded companies, including Ping Identity, Allscripts Healthcare and Zayo Group.

Yancey holds a Bachelor in Electrical Engineering from the Georgia Institute of Technology and an M.B.A. from the Amos Tuck School of Business at Dartmouth College.

What is Yancey L. Spruill's net worth?: The estimated net worth of Yancey L. Spruill is at least $184.44 million as of November 21st, 2023. Mr. Spruill owns 4,699,067 shares of DigitalOcean stock worth more than $184,438,380 as of December 3rd. This net worth approximation does not reflect any other investments that Mr. Spruill may own. Learn More about Yancey L. Spruill's net worth.
How do I contact Yancey L. Spruill?: The corporate mailing address for Mr. Spruill and other DigitalOcean executives is 101 AVENUE OF THE AMERICAS 10TH FLOOR, NEW YORK NY, 10013. DigitalOcean can also be reached via phone at 646-827-4366 and via email at [email protected]. Learn More on Yancey L. Spruill's contact information.
Has Yancey L. Spruill been buying or selling shares of DigitalOcean?: Yancey L. Spruill has not been actively trading shares of DigitalOcean within the last three months. Most recently, Yancey L. Spruill sold 149,704 shares of the business's stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $28.89, for a transaction totalling $4,324,948.56. Following the completion of the sale, the chief executive officer now directly owns 4,699,067 shares of the company's stock, valued at $135,756,045.63. Learn More on Yancey L. Spruill's trading history.
Who are DigitalOcean's active insiders?: DigitalOcean's insider roster includes Carly Brantz (CMO), Amy Butte (Director), Jeffrey Guy (COO), Warren Jenson (Director), Harold Norman (Insider), Alan Shapiro (General Counsel), William Sorenson (CFO), Yancey Spruill (CEO), and Megan Wood (Chief Strategy and Product Officer). Learn More on DigitalOcean's active insiders.
Are insiders buying or selling shares of DigitalOcean?: In the last twelve months, insiders at the sold shares 2 times. They sold a total of 22,209 shares worth more than $821,585.85. The most recent insider tranaction occured on November, 18th when insider Bratin Saha sold 16,989 shares worth more than $626,044.65. Insiders at DigitalOcean own 0.7% of the company. Learn More about insider trades at DigitalOcean.
Information on this page was last updated on 11/18/2024.

Yancey L. Spruill Insider Trading History at DigitalOcean

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details
11/21/2023	Sell	149,704	$28.89	$4,324,948.56	4,699,067

Yancey L. Spruill Buying and Selling Activity at DigitalOcean

DigitalOcean Company Overview

DigitalOcean Holdings, Inc., through its subsidiaries, operates a cloud computing platform in North America, Europe, Asia, and internationally. The company's platform provides on-demand infrastructure and platform tools for developers, start-ups, and small and growing digital businesses. It also offers infrastructure-as-a-service (IaaS) solutions comprising compute and storage services, as well as networking projects, including Cloud Firewalls software, Managed Load Balancers software, and Virtual Private Cloud (VPC). The company also provides platform-as-a-service (PaaS) solutions, such as managed databases; managed Kubernetes and container registry; application platform to build, deploy, and scale applications; Functions, a serverless compute solution; and Uptime for real-time uptime and latency alerts, as well as software-as-a-service (SaaS), including managed hosting and DigitalOcean Marketplace, a platform where developers can find pre-configured applications and solutions. In addition, it offers artificial intelligence (AI)/machine learning (ML) applications comprising GPU virtual machines for scaling AI applications; Notebooks, a simple cloud workspace that runs on GPUs that provides a managed interactive development environment for exploring data, and training and building machine learning models; and Deployments for deploying their machine learning model as an API endpoint. The company's customers include software engineers, researchers, data scientists, system administrators, students, and hobbyists. Its customers use its platform in various industry verticals and for a range of use cases, such as web and mobile applications, website hosting, e-commerce, media and gaming, personal web projects, managed services, and AI/ML applications. DigitalOcean Holdings, Inc. was incorporated in 2012 and is headquartered in New York, New York.

Today's Range

Now: $38.88

$38.19

$39.17

50 Day Range

MA: $40.23

$35.33

$44.00

2 Week Range

Now: $38.88

$26.63

$44.80

Volume

302,655 shs

Average Volume

1,231,321 shs

Market Capitalization

$3.59 billion

P/E Ratio

45.74

Dividend Yield

N/A

Beta

1.77

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