Mark D.  Millett net worth and biography

Mark Millett Biography and Net Worth

Mark is a co-founder of Steel Dynamics, Inc. (SDI) and recipient of the 2014 AIST Steelmaker of the Year Award. He has held a variety of senior management positions and served on the board of directors since SDI’s inception in 1993.

In August 2008, Mark was named Executive Vice President for Metals Recycling and Ferrous Resources, as well as President and Chief Operating Officer of OmniSource. From 1998 to 2008, Mark was responsible for SDI’s Flat Roll mill operations. Under Mark’s leadership, the facility experienced significant growth, expansion, and portfolio diversification. As a result, SDI operates one of the most productive and profitable flat roll mini mill operations in the United States. Mark assumed the position of President and Chief Executive Officer of Steel Dynamics on January 1, 2012.

Prior to the formation of Steel Dynamics, Mark worked for Nucor Corporation for 12 years and earned his bachelor’s degree in metallurgy from the University of Surrey, England.

What is Mark D. Millett's net worth?

The estimated net worth of Mark D. Millett is at least $367.86 million as of August 30th, 2021. Mr. Millett owns 3,179,702 shares of Steel Dynamics stock worth more than $367,859,724 as of December 21st. This net worth approximation does not reflect any other assets that Mr. Millett may own. Additionally, Mr. Millett receives an annual salary of $6,800,000.00 as CEO at Steel Dynamics. Learn More about Mark D. Millett's net worth.

How old is Mark D. Millett?

Mr. Millett is currently 64 years old. There are 7 older executives and no younger executives at Steel Dynamics. Learn More on Mark D. Millett's age.

What is Mark D. Millett's salary?

As the CEO of Steel Dynamics, Inc., Mr. Millett earns $6,800,000.00 per year. Learn More on Mark D. Millett's salary.

How do I contact Mark D. Millett?

The corporate mailing address for Mr. Millett and other Steel Dynamics executives is 7575 W JEFFERSON BLVD, FORT WAYNE IN, 46804. Steel Dynamics can also be reached via phone at (260) 969-3500 and via email at [email protected]. Learn More on Mark D. Millett's contact information.

Has Mark D. Millett been buying or selling shares of Steel Dynamics?

Mark D. Millett has not been actively trading shares of Steel Dynamics over the course of the past ninety days. Most recently, Mark D. Millett sold 67,686 shares of the business's stock in a transaction on Thursday, September 9th. The shares were sold at an average price of $66.34, for a transaction totalling $4,490,289.24. Learn More on Mark D. Millett's trading history.

Who are Steel Dynamics' active insiders?

Steel Dynamics' insider roster includes Miguel Alvarez (SVP), Chad Bickford (VP, Steel Fabrication), Keith Busse (Director), Christopher Graham (SVP), James Marcuccilli (Director), Mark Millett (CEO), Glenn Pushis (SVP), Bradley Seaman (Director), Gabriel Shaheen (Director), and Theresa Wagler (CFO). Learn More on Steel Dynamics' active insiders.

Are insiders buying or selling shares of Steel Dynamics?

During the last twelve months, insiders at the basic materials company sold shares 5 times. They sold a total of 49,591 shares worth more than $6,758,947.69. The most recent insider tranaction occured on November, 15th when SVP Richard A Poinsatte sold 2,000 shares worth more than $277,500.00. Insiders at Steel Dynamics own 6.0% of the company. Learn More about insider trades at Steel Dynamics.

Information on this page was last updated on 11/15/2024.

Mark D. Millett Insider Trading History at Steel Dynamics

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
9/9/2021Sell67,686$66.34$4,490,289.24View SEC Filing Icon  
9/3/2021Sell176,751$67.08$11,856,457.08View SEC Filing Icon  
8/30/2021Sell155,563$70.99$11,043,417.373,179,702View SEC Filing Icon  
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Mark D. Millett Buying and Selling Activity at Steel Dynamics

This chart shows Mark D Millett's buying and selling at Steel Dynamics by year and by quarter.

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Steel Dynamics Company Overview

Steel Dynamics logo
Steel Dynamics, Inc., together with its subsidiaries, operates as a steel producer and metal recycler in the United States. The Steel Operations segment offers hot rolled, cold rolled, and coated steel products; parallel flange beams and channel sections, flat bars, large unequal leg angles, and reinforcing steel bars, as well as standard strength carbon, intermediate alloy hardness, and premium grade rail products; engineered special-bar-quality products, merchant-bar-quality products, and other engineered round steel bars; channels, angles, flats, merchant rounds, and reinforcing steel bars; and specialty shapes and light structural steel products. This segment also engages in turning, polishing, straightening, chamfering, precision saw-cutting, and heat treating of bar products. Its products are used in construction, automotive, manufacturing, transportation, heavy and agriculture equipment, and pipe and tube markets. The Metals Recycling Operations segment is involved in the ferrous and nonferrous scrap metal processing, transportation, marketing, brokerage, and scrap management services. Its ferrous products include heavy melting steel, busheling, bundled scrap, shredded scrap, steel turnings, and cast-iron products; and nonferrous products comprise aluminum, brass, copper, stainless steel, and other nonferrous metals. The Steel Fabrication Operations segment produces steel non-residential building components, such as steel joists, girders, trusses, and steel deck products for non-residential steel fabricators, metal building companies, general construction contractors, developers, owners, brokers, and governmental entities, as well as e-commerce warehouses, data centers, metal buildings, and education and commercial building projects. The Aluminum Operations segment offers recycled aluminum flat rolled products. The company also exports its products. Steel Dynamics, Inc. was founded in 1993 and is headquartered in Fort Wayne, Indiana.
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Today's Range

Now: $115.69
Low: $114.03
High: $116.85

50 Day Range

MA: $135.96
Low: $115.29
High: $154.32

2 Week Range

Now: $115.69
Low: $104.60
High: $155.56

Volume

4,408,963 shs

Average Volume

1,304,359 shs

Market Capitalization

$17.61 billion

P/E Ratio

10.47

Dividend Yield

1.51%

Beta

1.31