Ignacio  Alvarez net worth and biography

Ignacio Alvarez Biography and Net Worth

CEO of Popular
Alvarez has been President and Chief Executive Officer of Popular, Inc. since July 1st, 2017. Prior to this appointment he served as President and Chief Operating Officer.

Previously, served as Executive Vice President and Chief Legal Officer. Before this, he was one of the six founding partners of the law firm Pietrantoni Mendez & Alvarez LLP.

Recognized by Chambers Global as “one of the best lawyers in Puerto Rico,” Alvarez was an integral part of the firm’s success for 18 years. Among his main practice areas are: banking, corporate and commercial law; corporate and public finance law; securities and capital markets.

Alvarez was born in Havana, Cuba in 1958; graduated from Georgetown University, Magna Cum Laude, 1980; Harvard Law School J.D., Cum Laude, 1983; and admitted to the Bar in Florida and Puerto Rico in 1983.

He was an Adjunct Professor and Lecturer, University of Puerto Rico Law School, from 1988 to 1992. He has been a member of the Board of Regents of Georgetown University since October 2008.

What is Ignacio Alvarez's net worth?

The estimated net worth of Ignacio Alvarez is at least $6.44 million as of February 23rd, 2017. Mr. Alvarez owns 71,543 shares of Popular stock worth more than $6,441,732 as of October 31st. This net worth estimate does not reflect any other assets that Mr. Alvarez may own. Additionally, Mr. Alvarez receives a salary of $2,690,000.00 as CEO at Popular. Learn More about Ignacio Alvarez's net worth.

How old is Ignacio Alvarez?

Mr. Alvarez is currently 66 years old. There are 6 older executives and no younger executives at Popular. Learn More on Ignacio Alvarez's age.

What is Ignacio Alvarez's salary?

As the CEO of Popular, Inc., Mr. Alvarez earns $2,690,000.00 per year. Learn More on Ignacio Alvarez's salary.

How do I contact Ignacio Alvarez?

The corporate mailing address for Mr. Alvarez and other Popular executives is 209 Munoz Rivera Avenue Popular Center Building, Hato Rey PR, 00936. Popular can also be reached via phone at (787) 765-9800 and via email at [email protected]. Learn More on Ignacio Alvarez's contact information.

Has Ignacio Alvarez been buying or selling shares of Popular?

Ignacio Alvarez has not been actively trading shares of Popular in the last ninety days. Most recently, Ignacio Alvarez sold 15,000 shares of the business's stock in a transaction on Thursday, August 26th. The shares were sold at an average price of $76.37, for a transaction totalling $1,145,550.00. Learn More on Ignacio Alvarez's trading history.

Who are Popular's active insiders?

Popular's insider roster includes Ignacio Alvarez (CEO), Camille Burckhart (EVP), Richard Carrion (Director), Luis Cestero (EVP), Manuel Chinea (EVP), Maria Ferre (Director), Javier Ferrer (VP), C. Goodwin (Director), Juan Guerrero (EVP), Gilberto Monzon (EVP), Eduardo Negron (EVP), Eli Sepulveda (EVP), Carlos Unanue (Director), and Carlos Vazquez (CFO). Learn More on Popular's active insiders.

Are insiders buying or selling shares of Popular?

In the last twelve months, insiders at the bank sold shares 6 times. They sold a total of 35,921 shares worth more than $3,093,743.89. The most recent insider tranaction occured on August, 20th when EVP Camille Burckhart sold 5,917 shares worth more than $577,499.20. Insiders at Popular own 2.1% of the company. Learn More about insider trades at Popular.

Information on this page was last updated on 8/20/2024.

Ignacio Alvarez Insider Trading History at Popular

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
8/26/2021Sell15,000$76.37$1,145,550.00View SEC Filing Icon  
8/13/2018Sell6,000$50.32$301,920.00View SEC Filing Icon  
2/23/2017Sell10,000$44.24$442,400.0071,543View SEC Filing Icon  
See Full Table

Ignacio Alvarez Buying and Selling Activity at Popular

This chart shows Ignacio Alvarez's buying and selling at Popular by year and by quarter.

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Popular Company Overview

Popular logo
Popular, Inc., through its subsidiaries, provides various retail, mortgage, and commercial banking products and services in Puerto Rico, the United States, and the British Virgin Islands. The company provides savings, NOW, money market, and other interest-bearing demand accounts; non-interest bearing demand deposits; and certificates of deposit. It also offers commercial and industrial, commercial multi-family, commercial real estate, and residential mortgage loans; consumer loans, including personal loans, credit cards, automobile loans, home equity lines of credit, and other loans to individual borrowers; construction loans; and lease financing comprising automobile loans/leases. In addition, the company provides investment banking, auto and equipment leasing and financing, broker-dealer, and insurance services; debit cards; and online banking services. Popular, Inc. was founded in 1893 and is headquartered in Hato Rey, Puerto Rico.
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Today's Range

Now: $89.23
Low: $89.15
High: $91.19

50 Day Range

MA: $97.87
Low: $88.46
High: $102.56

2 Week Range

Now: $89.23
Low: $64.35
High: $105.01

Volume

431,329 shs

Average Volume

416,005 shs

Market Capitalization

$6.45 billion

P/E Ratio

12.57

Dividend Yield

2.80%

Beta

0.78