Frank  Klein net worth and biography

Frank Klein Biography and Net Worth

As Chief Operations Officer, Frank Klein leads Rocket Lab’s efforts to scale manufacturing of its spacecraft, launch vehicles, and spacecraft components across multiple sites to meet growing customer demand.

Prior to joining the Rocket Lab team, Mr. Klein served Daimler AG (now Mercedes-Benz Group) for 27 years where he led various business divisions including Vehicle Research, Trucks, Cars, and Van manufacturing. While Vice President of Mercedes-Benz Vans Operations, Mr Klein managed global production across 12 production sites, heading up logistics, industrial engineering, and the division’s quality department, with responsibility for more than 14,000 employees globally.

Mr Klein also served as President of Magna Steyr AG, the automotive industry’s largest independent contract manufacturer with an annual turnover of more than US$6 billion, where he led operations across three continents and 13,000 employees globally. Most recently Mr Klein served as COO at Rivian Automative, where he helped to transform Rivian from a low volume automotive start-up to a high volume premium electric vehicle manufacture while responsible for 9,000+ employees.

Mr Klein holds a Masters’ Degree in Electrical and Industrial Engineering from Baden-Wuerttemberg Cooperative State University Stuttgart and a bachelor's degree in Business Administration from FernUniversität in Hagen.

What is Frank Klein's net worth?

The estimated net worth of Frank Klein is at least $40.06 million as of November 25th, 2024. Mr. Klein owns 1,464,032 shares of Rocket Lab USA stock worth more than $40,055,916 as of January 10th. This net worth approximation does not reflect any other investments that Mr. Klein may own. Learn More about Frank Klein's net worth.

How do I contact Frank Klein?

The corporate mailing address for Mr. Klein and other Rocket Lab USA executives is One Market Street Steuart Tower 23rd Floor, San Francisco CA, 94105. Rocket Lab USA can also be reached via phone at 714-465-5737 and via email at [email protected]. Learn More on Frank Klein's contact information.

Has Frank Klein been buying or selling shares of Rocket Lab USA?

Frank Klein has not been actively trading shares of Rocket Lab USA during the last quarter. Most recently, Frank Klein sold 35,968 shares of the business's stock in a transaction on Monday, November 25th. The shares were sold at an average price of $24.15, for a transaction totalling $868,627.20. Following the completion of the sale, the insider now directly owns 1,464,032 shares of the company's stock, valued at $35,356,372.80. Learn More on Frank Klein's trading history.

Who are Rocket Lab USA's active insiders?

Rocket Lab USA's insider roster includes Peter Beck (Founder, President and Chief Executive Officer, Chair of the Board), Arjun Kampani (Senior Vice President - General Counsel and Corporate Secretary), Frank Klein (COO), Matthew Ocko (Director), Alexander Slusky (Director), and Adam Spice (CFO). Learn More on Rocket Lab USA's active insiders.

Are insiders buying or selling shares of Rocket Lab USA?

In the last twelve months, insiders at the rocket manufacturer sold shares 11 times. They sold a total of 2,436,160 shares worth more than $39,883,895.50. The most recent insider tranaction occured on December, 3rd when Director Alexander R Slusky sold 50,000 shares worth more than $1,150,000.00. Insiders at Rocket Lab USA own 13.7% of the company. Learn More about insider trades at Rocket Lab USA.

Information on this page was last updated on 12/3/2024.

Frank Klein Insider Trading History at Rocket Lab USA

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
11/25/2024Sell35,968$24.15$868,627.201,464,032View SEC Filing Icon  
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Frank Klein Buying and Selling Activity at Rocket Lab USA

This chart shows Frank Klein's buying and selling at Rocket Lab USA by year and by quarter.

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Rocket Lab USA Company Overview

Rocket Lab USA logo
Rocket Lab USA, Inc., a space company, provides launch services and space systems solutions for the space and defense industries. The company provides launch services, spacecraft design services, spacecraft components, spacecraft manufacturing, and other spacecraft and on-orbit management solutions; and constellation management services, as well as designs and manufactures small and medium-class rockets. It also designs, manufactures, and sells Electron, a reusable orbital-class small rocket; and the Photon satellite platforms, as well as developing the Neutron 8-ton payload class launch vehicle; conducts remote launch activities; and designs and manufactures a range of components and subsystems for the Photon family of spacecraft and broader merchant spacecraft components. The company serves commercial, aerospace prime contractors, and government customers. Rocket Lab USA, Inc. was founded in 2006 and is headquartered in Long Beach, California.
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Today's Range

Now: $27.36
Low: $25.89
High: $28.32

50 Day Range

MA: $22.57
Low: $11.25
High: $28.80

2 Week Range

Now: $27.36
Low: $3.47
High: $30.26

Volume

18,702,073 shs

Average Volume

19,207,133 shs

Market Capitalization

$13.68 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.98