Steven R.  Downing net worth and biography

Steven Downing Biography and Net Worth

President, CEO & Director of Gentex
Steve Downing joined Gentex in 2002 as a financial analyst, and moved on to senior financial analyst and then served in various roles in commercial management including Director of Commercial Management until his promotion in 2012 to Vice President of Commercial Management. He was responsible for overseeing cost accounting, quotation development, forecasting, strategic partnerships, and new business development. In May 2013, he was promoted to Chief Financial Officer and Vice President of Finance while maintaining responsibility for all commercial management activities. In June 2015, Steve was promoted to Senior Vice President with added responsibility for the Company’s business development and sales function. In August of 2017, Steve was promoted to President, Chief Operating Officer, Interim Chief Financial Officer, and Treasurer. On January 1, 2018, Steve was promoted to Chief Executive Officer. Prior to joining Gentex, Downing worked for a private company executing activity-based costing, price modeling and control, and financial statement consolidation. He is a native of Ohio and graduated summa cum laude from Liberty University with a Bachelor of Science degree in Finance.

What is Steven R. Downing's net worth?

The estimated net worth of Steven R. Downing is at least $96.56 million as of January 5th, 2024. Mr. Downing owns 3,312,558 shares of Gentex stock worth more than $96,561,066 as of December 22nd. This net worth estimate does not reflect any other investments that Mr. Downing may own. Additionally, Mr. Downing receives a salary of $2,690,000.00 as President, CEO & Director at Gentex. Learn More about Steven R. Downing's net worth.

How old is Steven R. Downing?

Mr. Downing is currently 46 years old. There are 5 older executives and no younger executives at Gentex. Learn More on Steven R. Downing's age.

What is Steven R. Downing's salary?

As the President, CEO & Director of Gentex Co., Mr. Downing earns $2,690,000.00 per year. Learn More on Steven R. Downing's salary.

How do I contact Steven R. Downing?

The corporate mailing address for Mr. Downing and other Gentex executives is 600 NORTH CENTENNIAL STREET, ZEELAND MI, 49464. Gentex can also be reached via phone at (616) 772-1800 and via email at [email protected]. Learn More on Steven R. Downing's contact information.

Has Steven R. Downing been buying or selling shares of Gentex?

Steven R. Downing has not been actively trading shares of Gentex within the last three months. Most recently, Steven R. Downing sold 17,730 shares of the business's stock in a transaction on Thursday, February 2nd. The shares were sold at an average price of $30.21, for a transaction totalling $535,623.30. Following the completion of the sale, the chief executive officer now directly owns 118,506 shares of the company's stock, valued at $3,580,066.26. Learn More on Steven R. Downing's trading history.

Who are Gentex's active insiders?

Gentex's insider roster includes Joseph Anderson, Jr. (Director), Neil Boehm (CTO), Matthew Chiodo (VP), Steven Downing (President, CEO & Director), Gary Goode (Director), James Hollars (Director), John Mulder (Director), Kevin Nash (CFO), Scott Ryan (General Counsel), Richard Schaum (Director), Kathleen Starkoff (Director), James Wallace (Director), and Ling Zang (Director). Learn More on Gentex's active insiders.

Are insiders buying or selling shares of Gentex?

During the last twelve months, Gentex insiders bought shares 1 times. They purchased a total of 3,152,500 shares worth more than $15,762,500.00. During the last twelve months, insiders at the auto parts company sold shares 3 times. They sold a total of 24,238 shares worth more than $812,879.82. The most recent insider tranaction occured on August, 23rd when Major Shareholder Corp Gentex bought 3,152,500 shares worth more than $15,762,500.00. Insiders at Gentex own 0.4% of the company. Learn More about insider trades at Gentex.

Information on this page was last updated on 8/23/2024.

Steven R. Downing Insider Trading History at Gentex

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
2/2/2023Sell17,730$30.21$535,623.30118,506View SEC Filing Icon  
10/31/2022Buy10,000$25.74$257,400.00118,506View SEC Filing Icon  
2/22/2022Sell58,937$30.36$1,789,327.32View SEC Filing Icon  
2/15/2022Sell31,000$31.50$976,500.00View SEC Filing Icon  
2/22/2021Sell6,300$35.57$224,091.00138,911View SEC Filing Icon  
9/30/2020Sell6,000$25.81$154,860.00View SEC Filing Icon  
9/2/2020Sell23,700$28.05$664,785.00155,259View SEC Filing Icon  
7/22/2019Sell3,810$25.32$96,469.20124,078View SEC Filing Icon  
6/28/2019Buy119$20.92$2,489.48120,149View SEC Filing Icon  
9/28/2018Buy137$18.24$2,498.8897,906View SEC Filing Icon  
9/27/2017Sell8,000$19.70$157,600.0047,362View SEC Filing Icon  
1/31/2017Sell10,176$20.75$211,152.0046,125View SEC Filing Icon  
7/25/2016Sell8,820$17.62$155,408.4049,615View SEC Filing Icon  
5/12/2015Sell6,300$17.47$110,061.00View SEC Filing Icon  
9/29/2014Sell2,000$27.36$54,720.00View SEC Filing Icon  
See Full Table

Steven R. Downing Buying and Selling Activity at Gentex

This chart shows Steven R Downing's buying and selling at Gentex by year and by quarter.

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Gentex Company Overview

Gentex logo
Gentex Corporation designs, develops, manufactures, markets, and supplies digital vision, connected car, dimmable glass, and fire protection products in the United States, Germany, Japan, Mexico, Republic of Korea, and internationally. It operates through Automotive Products and Other segments. The company offers automotive products, including interior and exterior electrochromic automatic-dimming rearview mirrors, automotive electronics, and non-automatic-dimming rearview mirrors for automotive passenger cars, light trucks, pick-up trucks, sport utility vehicles, and vans for original equipment manufacturers, automotive suppliers, and various aftermarket and accessory customers. It also provides variable dimmable windows to aircraft manufacturers and airline operators. In addition, the company offers photoelectric smoke detectors and alarms, electrochemical carbon monoxide alarms and detectors, audible and visual signaling alarms, and bells and speakers used in fire detection systems in office buildings, hotels, and other commercial and residential buildings, as well as researches and develops nanofiber chemical sensing products. It sells its fire protection products directly, as well as through sales managers and manufacturer representative organizations to fire protection and security product distributors, electrical wholesale houses, and original equipment manufacturers of fire protection systems. Gentex Corporation was incorporated in 1974 and is headquartered in Zeeland, Michigan.
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Today's Range

Now: $29.15
Low: $28.94
High: $29.53

50 Day Range

MA: $30.19
Low: $29.07
High: $31.34

2 Week Range

Now: $29.15
Low: $28.30
High: $37.58

Volume

4,856,372 shs

Average Volume

1,454,101 shs

Market Capitalization

$6.63 billion

P/E Ratio

15.59

Dividend Yield

1.58%

Beta

0.91