Rome wasn’t built in a day… But there is another lesser-known type of keystone, one that plays an equally critical role in supporting the most revolutionary technology the world’s ever seen… artificial intelligence. And without it, the entire AI industry would collapse.

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David B. Edelson net worth and biography

David Edelson Biography and Net Worth

CFO of Loews

In addition to his role as CFO, David is responsible for human resources and information technology.

David joined Loews as senior vice president in May 2005 and became CFO in May 2014. Before becoming CFO, David monitored the performance of Loews’s subsidiaries and focused on strategy, corporate finance, corporate development and investor relations.

Prior to Loews, David was executive vice president and corporate treasurer of JPMorgan Chase & Co. David joined Chase’s global mergers & acquisitions group in 1997 and subsequently became head of the global financial institutions group before being named JPMorgan Chase’s corporate treasurer in 2001. Earlier in his career, David worked in the mergers & acquisitions and financial institutions groups at Goldman Sachs & Co.

David earned an M.B.A. from the Stanford Graduate School of Business and graduated from Dartmouth College with an A.B. in English.

David is a director of AutoNation, Inc. His non-profit activities include serving as president of the Jewish Board of Family & Children’s Services, vice-chair of the board of governors of HUC-JIR, a director of UJA-Federation NY, a board member of AJC NY, and a member of the board of visitors of the Dickey Center for International Understanding at Dartmouth.

What is David B. Edelson's net worth?: The estimated net worth of David B. Edelson is at least $4.20 million as of April 29th, 2024. Mr. Edelson owns 48,793 shares of Loews stock worth more than $4,199,614 as of November 23rd. This net worth estimate does not reflect any other investments that Mr. Edelson may own. Learn More about David B. Edelson's net worth.
How do I contact David B. Edelson?: The corporate mailing address for Mr. Edelson and other Loews executives is 667 MADISON AVE, NEW YORK NY, 10065. Loews can also be reached via phone at (212) 521-2000 and via email at [email protected]. Learn More on David B. Edelson's contact information.
Has David B. Edelson been buying or selling shares of Loews?: David B. Edelson has not been actively trading shares of Loews during the last quarter. Most recently, David B. Edelson sold 12,863 shares of the business's stock in a transaction on Wednesday, August 11th. The shares were sold at an average price of $55.92, for a transaction totalling $719,298.96. Following the completion of the sale, the chief financial officer now directly owns 41,063 shares of the company's stock, valued at $2,296,242.96. Learn More on David B. Edelson's trading history.
Who are Loews' active insiders?: Loews' insider roster includes Marc Alpert (VP), Ann Berman (Director), Joseph Bower (Director), David Edelson (CFO), Paul Fribourg (Director), Philip Laskawy (Director), Mark Schwartz (VP), Richard Scott (SVP), Kenneth Siegel (SVP), Andrew Tisch (Director), Benjamin Tisch (VP), Jonathan Tisch (Insider), and Anthony Welters (Director). Learn More on Loews' active insiders.
Are insiders buying or selling shares of Loews?: During the last twelve months, Loews insiders bought shares 1 times. They purchased a total of 6,200 shares worth more than $499,906.00. During the last twelve months, insiders at the insurance provider sold shares 14 times. They sold a total of 504,493 shares worth more than $39,490,228.29. The most recent insider tranaction occured on November, 15th when Director Andrew H Tisch sold 50,000 shares worth more than $4,163,000.00. Insiders at Loews own 18.7% of the company. Learn More about insider trades at Loews.
Information on this page was last updated on 11/15/2024.

David B. Edelson Insider Trading History at Loews

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
8/11/2021	Sell	12,863	$55.92	$719,298.96	41,063
1/5/2021	Sell	4,595	$44.70	$205,396.50
11/25/2019	Sell	9,741	$50.89	$495,719.49	26,927
5/16/2019	Sell	2,899	$51.99	$150,719.01	26,927
1/8/2019	Sell	18,073	$45.70	$825,936.10	17,501
11/30/2017	Sell	5,809	$50.25	$291,902.25
12/9/2016	Sell	1,833	$47.22	$86,554.26	11,250
1/5/2016	Sell	3,300	$37.88	$125,004.00
1/5/2015	Sell	45,000	$40.83	$1,837,350.00

David B. Edelson Buying and Selling Activity at Loews

Loews Company Overview

Loews Corporation provides commercial property and casualty insurance in the United States and internationally. The company offers specialty insurance products, such as management and professional liability, and other coverage products; surety and fidelity bonds; property insurance products that include standard and excess property, marine and boiler, and machinery coverages; and casualty insurance products, such as workers' compensation, general and product liability, and commercial auto, surplus, and umbrella coverages. It also provides loss-sensitive insurance programs; and warranty, risk management, information, and claims administration services. The company markets its insurance products and services through independent agents, brokers, and managing general underwriters. In addition, the company is involved in the transportation and storage of natural gas and natural gas liquids, and hydrocarbons through natural gas pipelines covering approximately 13,455 miles of interconnected pipelines; 855 miles of NGL pipelines in Louisiana and Texas; 14 underground storage fields with an aggregate gas capacity of approximately 199.5 billion cubic feet of natural gas; and eleven salt dome caverns and related brine infrastructure for providing brine supply services. Further, the company operates a chain of 25 hotels; and develops, manufactures, and markets a range of extrusion blow-molded and injection molded plastic containers for customers in the pharmaceutical, dairy, household chemicals, food/nutraceuticals, industrial/specialty chemicals, and water and beverage/juice industries, as well as manufactures commodity and differentiated plastic resins from recycled plastic materials. Loews Corporation was incorporated in 1969 and is headquartered in New York, New York.

Today's Range

Now: $86.07

$85.24

$86.27

50 Day Range

MA: $80.44

$76.49

$86.07

2 Week Range

Now: $86.07

$67.20

$86.27

Volume

653,715 shs

Average Volume

781,192 shs

Market Capitalization

$18.74 billion

P/E Ratio

11.43

Dividend Yield

0.29%

Beta

0.82

This company will win the AI race

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