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Preston Douglas Wigner net worth and biography
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Preston Wigner Biography and Net Worth

Chairman, President, and Chief Executive Officer of Universal

Preston D. Wigner was elected Chairman, President, and Chief Executive Officer of Universal Corporation on October 1, 2024. Previously, he had served as Senior Vice President of Universal Corporation and Executive Vice President of Universal Leaf Tobacco Company (“Universal Leaf”) from April 1, 2024 until October 1, 2024. Prior to these roles, Mr. Wigner served as Vice President, General Counsel and Secretary of Universal Corporation and Senior Vice President, General Counsel and Assistant Secretary of Universal Leaf from November 2005 until April 2024. Preston is a Chairman of the Board of Universal Corporation and serves as Chair of the Executive Committe and is a member of the Finance and Pension Investment Committee. Mr.Wigner is also Chair of the Universal Leaf Board of Directors and a member of the Executive Committee of Universal Global Ventures, Inc.

What is Preston Douglas Wigner's net worth?

The estimated net worth of Preston Douglas Wigner is at least $2.70 million as of June 8th, 2023. Mr. Wigner owns 49,702 shares of Universal stock worth more than $2,702,049 as of March 27th. This net worth estimate does not reflect any other investments that Mr. Wigner may own. Additionally, Mr. Wigner receives a salary of $965,020.00 as Chairman, President, and Chief Executive Officer at Universal. Learn More about Preston Douglas Wigner's net worth.

How old is Preston Douglas Wigner?

Mr. Wigner is currently 55 years old. There are 5 older executives and no younger executives at Universal. The oldest executive at Universal is Mr. Theodore G. Broome, Executive VP & Sales Director of Universal Leaf Tobacco Company Inc, who is 70 years old. Learn More on Preston Douglas Wigner's age.

What is Preston Douglas Wigner's salary?

As the Chairman, President, and Chief Executive Officer of Universal Co., Mr. Wigner earns $965,020.00 per year. There are 4 executives that earn more than Mr. Wigner. The highest earning executive at Universal is Mr. George C. Freeman III, Chairman, President & CEO, who commands a salary of $2,710,000.00 per year. Learn More on Preston Douglas Wigner's salary.

How do I contact Preston Douglas Wigner?

The corporate mailing address for Mr. Wigner 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 Preston Douglas Wigner's contact information.

Has Preston Douglas Wigner been buying or selling shares of Universal?

Preston Douglas Wigner has not been actively trading shares of Universal during the last ninety days. Most recently, Preston Douglas Wigner sold 3,000 shares of the business's stock in a transaction on Thursday, June 8th. The shares were sold at an average price of $53.00, for a transaction totalling $159,000.00. Following the completion of the sale, the vice president now directly owns 49,702 shares of the company's stock, valued at $2,634,206. Learn More on Preston Douglas Wigner'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.

Preston Douglas Wigner Insider Trading History at Universal

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Preston Douglas Wigner Buying and Selling Activity at Universal

This chart shows Preston Douglas Wigner's buying and selling at Universal by year and by quarter.

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2022202320242025$0bought$0soldQ1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1-$400k-$200k$0$200k$400kTotal Insider BuyingTotal Insider Selling

Universal Company Overview

Universal logo
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.
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Today's Range

Now: $54.37
Low: $53.63
High: $54.66

50 Day Range

MA: $53.34
Low: $50.34
High: $55.74

2 Week Range

Now: $54.37
Low: $45.19
High: $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