Lennart R. Freeman net worth and biography

Lennart Freeman Biography and Net Worth

Director of Universal

LENNART R. FREEMAN worked for Swedish Match AB, a Swedish producer and global distributor of smokeless tobacco products, cigars, matches and lighters (“Swedish Match”), for over 30 years, serving in various executive roles of increasing responsibility, including as Executive Vice President of Swedish Match, President and Chief Executive Officer of its North American Division and as President of its International Division. Under his leadership, the North American Division tripled its sales and operating income and the International Division successfully completed a major restructuring, resulting in the sale of the South African business to Philip Morris International in 2009 and the merger of the Cigar and Pipe Tobacco business with Scandinavian Tobacco Group in 2010, creating the second largest cigar company in the world. Earlier in his career at Swedish Match, he served as Managing Director, Cricket Lighters and as President for the Cigarette Division. Following his retirement from Swedish Match in 2011 and until December 2014, he served as a director of the board of Dometic Group AB, a privately-held global provider of comfort products for the recreational vehicle, automotive and marine markets.

Mr. Freeman is a well-recognized tobacco industry veteran, receiving the “Giant of the Industry Award” which was presented by the California Distributors Association in October 2005 and the “Captain of the Industry Award” which was presented by the Pennsylvania Distributors Association in October 2000.

What is Lennart R. Freeman's net worth?: The estimated net worth of Lennart R. Freeman is at least $795,154.09 as of August 8th, 2023. Mr. Freeman owns 14,594 shares of Universal stock worth more than $795,154 as of March 26th. This net worth approximation does not reflect any other investments that Mr. Freeman may own. Learn More about Lennart R. Freeman's net worth.
How do I contact Lennart R. Freeman?: The corporate mailing address for Mr. Freeman and other Universal executives is 9201 FOREST HILL AVENUE, RICHMOND VA, 23235. Universal can also be reached via phone at (804) 359-9311 and via email at investor@universalleaf.com. Learn More on Lennart R. Freeman's contact information.
Has Lennart R. Freeman been buying or selling shares of Universal?: Lennart R. Freeman has not been actively trading shares of Universal during the last quarter. Most recently, Lennart R. Freeman sold 1,847 shares of the business's stock in a transaction on Tuesday, August 8th. The shares were sold at an average price of $48.76, for a transaction totalling $90,059.72. Following the completion of the sale, the director now directly owns 14,594 shares of the company's stock, valued at $711,603.44. Learn More on Lennart R. Freeman's trading history.
Who are Universal's active insiders?: Universal's insider roster includes Candace Formacek (VP), Lennart Freeman (Director), Airton Hentschke (COO), Robert Sledd (Director), and Preston Wigner (Chairman, President, and Chief Executive Officer). Learn More on Universal's active insiders.

Lennart R. Freeman Insider Trading History at Universal

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details
8/8/2023	Sell	1,847	$48.76	$90,059.72	14,594
8/9/2022	Sell	1,402	$51.54	$72,259.08	14,320

Lennart R. Freeman Buying and Selling Activity at Universal

Universal Company Overview

Universal Corporation processes and supplies leaf tobacco and plant-based ingredients worldwide. The company operates through two segments, Tobacco Operations; and Ingredients Operations. It is involved in the procuring, financing, processing, packing, storing, and shipping leaf tobacco for sale to manufacturers of consumer tobacco products. The company contracts, purchases, processes, and sells flue-cured, burley, and oriental tobaccos that are primarily used in the manufacture of cigarettes; and dark air-cured tobaccos principally used in the manufacture of cigars, natural wrapped cigars and cigarillos, smokeless, and pipe tobacco products. It also provides value-added services, including blending, chemical, and physical testing of tobacco; service cutting for various manufacturers; manufacturing reconstituted leaf tobacco; just-in-time inventory management services; electronic nicotine delivery systems; and smoke testing services for customers. In addition, the company offers testing services for crop protection agents and tobacco constituents in seed, leaf, and finished products, including e-cigarette liquids and vapors; and analytical services that include chemical compound testing in finished tobacco products and mainstream smoke. Further, it provides a various value-added manufacturing processes to produce specialty vegetable and fruit-based ingredients, as well as botanical extracts and flavorings for human and pet food markets; and recycles waste materials from tobacco production. Universal Corporation was founded in 1886 and is headquartered in Richmond, Virginia.

Today's Range

Now: $54.37

$53.63

$54.66

50 Day Range

MA: $53.34

$50.34

$55.74

2 Week Range

Now: $54.37

$45.19

$59.13

Volume

128,380 shs

Average Volume

154,936 shs

Market Capitalization

$1.34 billion

P/E Ratio

11.19

Dividend Yield

5.88%

Beta

0.79