Mitchell P. Rales net worth and biography

Mitchell Rales Biography and Net Worth

Director of ESAB

Mitchell P. Rales is a co-founder of Enovis and served as a director of Enovis from its founding in 1995 until his retirement from the Enovis Board later this year. Mr. Rales is a co-founder and has served as a member of the Board of Directors of Danaher Corporation, a global science and technology company, since 1983, as Chairman of Danaher’s Executive Committee since 1984, and served as a member of the Board of Directors of Fortive Corporation, a diversified industrial growth company that was spun off from Danaher in 2016, from 2016 to June 2021. He has been a leader in a number of private business entities with interests in manufacturing, technology and high growth companies for over 25 years.

What is Mitchell P. Rales' net worth?: The estimated net worth of Mitchell P. Rales is at least $172.53 million as of November 16th, 2022. Mr. Rales owns 1,414,098 shares of ESAB stock worth more than $172,534,097 as of November 21st. This net worth estimate does not reflect any other assets that Mr. Rales may own. Learn More about Mitchell P. Rales' net worth.
How do I contact Mitchell P. Rales?: The corporate mailing address for Mr. Rales and other ESAB executives is 909 ROSE AVENUE 8TH FLOOR, NORTH BETHESDA MD, 20852. ESAB can also be reached via phone at 301-323-9099 and via email at [email protected]. Learn More on Mitchell P. Rales' contact information.
Has Mitchell P. Rales been buying or selling shares of ESAB?: Mitchell P. Rales has not been actively trading shares of ESAB during the last quarter. Most recently, on Wednesday, November 16th, Mitchell P. Rales bought 500,000 shares of ESAB stock. The stock was acquired at an average cost of $40.00 per share, with a total value of $20,000,000.00. Following the completion of the transaction, the director now directly owns 1,414,098 shares of the company's stock, valued at $56,563,920. Learn More on Mitchell P. Rales' trading history.
Who are ESAB's active insiders?: ESAB's insider roster includes Patrick Allender (Director), Olivier Biebuyck (Insider), Michele Campion (Insider), Christopher Hix (Director), Curtis Jewell (SVP), Kevin Johnson (CFO), Rhonda Jordan (Director), Shyam Kambeyanda (President, CEO & Director), Mitchell Rales (Director), and Didier Teirlinck (Director). Learn More on ESAB's active insiders.
Are insiders buying or selling shares of ESAB?: In the last year, insiders at the sold shares 9 times. They sold a total of 91,887 shares worth more than $10,538,685.64. The most recent insider tranaction occured on October, 30th when Director Rhonda L. Jordan sold 4,254 shares worth more than $531,877.62. Insiders at ESAB own 7.2% of the company. Learn More about insider trades at ESAB.
Information on this page was last updated on 10/30/2024.

Mitchell P. Rales Insider Trading History at ESAB

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details
11/16/2022	Buy	500,000	$40.00	$20,000,000.00	1,414,098

Mitchell P. Rales Buying and Selling Activity at ESAB

ESAB Company Overview

ESAB Corporation engages in the formulation, development, manufacture, and supply of consumable products and equipment for use in cutting, joining, automated welding, and gas control equipment. Its comprehensive range of welding consumables includes electrodes, cored and solid wires, and fluxes using a range of specialty and other materials; and cutting consumables comprising electrodes, nozzles, shields, and tips. The company's equipment ranges from portable welding machines to large customized automated cutting and welding systems. It also offers a range of software and digital solutions to help its customers increase their productivity, remotely monitor their welding operations, and digitize their documentation. The company sells its products under the ESAB brand to various end markets, such as general industry, infrastructure, renewable energy, medical and life sciences, transportation, construction, and energy. It offers its products through independent distributors and direct salespeople. The company operates in North America, South America, Europe, the Middle East, India, Africa, and the Asia Pacific. ESAB Corporation was founded in 1904 and is headquartered in North Bethesda, Maryland.

Today's Range

Now: $122.01

$119.83

$123.43

50 Day Range

MA: $113.34

$97.72

$135.12

2 Week Range

Now: $122.01

$76.08

$135.97

Volume

488,885 shs

Average Volume

332,326 shs

Market Capitalization

$7.38 billion

P/E Ratio

28.57

Dividend Yield

0.26%

Beta

1.37

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