The estimated Net Worth of Eric S Rangen is at least $9.02 Milion dollars as of 30 November 2021. Mr. Rangen owns over 2,500 units of Flexsteel Industries stock worth over $1,138,189 and over the last 21 years he sold FLXS stock worth over $7,781,754. In addition, he makes $96,803 as Independent Director at Flexsteel Industries.
Eric has made over 18 trades of the Flexsteel Industries stock since 2007, according to the Form 4 filled with the SEC. Most recently he exercised 2,500 units of FLXS stock worth $34,375 on 30 November 2021.
The largest trade he's ever made was exercising 120,358 units of Flexsteel Industries stock on 7 May 2013 worth over $5,139,287. On average, Eric trades about 2,422 units every 51 days since 2003. As of 30 November 2021 he still owns at least 28,569 units of Flexsteel Industries stock.
You can see the complete history of Mr. Rangen stock trades at the bottom of the page.
Eric S. Rangen serves as Independent Director of the Company. Mr. Rangen has served as Chairman and President of LTC Reinsurance PCC, a protected cell captive insurance company since 2017. He previously served as Executive Vice President - Strategic Initiatives, 2015 to 2017, Optum, part of UnitedHealth Group Inc.; Senior Vice President and Chief Accounting Officer, 2006 to 2015, UnitedHealth Group Inc., a public diversified health and well-being company; Executive Vice President and Chief Financial Officer, 2001 to 2006, Alliant Techsystems Inc., a public advanced weapons and space systems company; Partner 1994 to 2001, Deloitte & Touche LLP, an international accounting firm; Director and Audit Committee Chair, 2015 to 2017, International Market Centers, L.P., owner and operator of markets and showrooms for the furniture, home décor, gift and apparel industries in High Point, NC and Las Vegas, NV. Mr. Rangen earned his Bachelor of Science degree in Business from the University of Minnesota.
As the Independent Director of Flexsteel Industries, the total compensation of Eric Rangen at Flexsteel Industries is $96,803. There are 9 executives at Flexsteel Industries getting paid more, with Jerald Dittmer having the highest compensation of $1,590,210.
Eric Rangen is 63, he's been the Independent Director of Flexsteel Industries since 2018. There are 2 older and 17 younger executives at Flexsteel Industries. The oldest executive at Flexsteel Industries, Inc. is Thomas Levine, 71, who is the Independent Chairman of the Board.
Eric's mailing address filed with the SEC is P.O. BOX 877, , DUBUQUE, IA, 52004.
Over the last 22 years, insiders at Flexsteel Industries have traded over $23,882,550 worth of Flexsteel Industries stock and bought 257,815 units worth $4,587,656 . The most active insiders traders include Jerald K Dittmer, James R Richardson a Jeffrey T Bertsch. On average, Flexsteel Industries executives and independent directors trade stock every 21 days with the average trade being worth of $229,279. The most recent stock trade was executed by Thomas M Levine on 3 September 2024, trading 2,750 units of FLXS stock currently worth $88,358.
flexsteel industries, inc. and subsidiaries was incorporated in 1929 and is one of the oldest and largest manufacturers, importers and marketers of residential and commercial upholstered and wooden furniture products in the united states. product offerings include a wide variety of upholstered and wood furniture such as sofas, loveseats, chairs, reclining and rocker reclining chairs, swivel rockers, sofa beds, convertible bedding units, occasional tables, desks, dining tables and chairs and bedroom furniture. the company’s products are intended for use in home, office, hotel and other commercial applications. featured as a basic component in most of the upholstered furniture is a unique steel drop-in seat spring from which our name “flexsteel” is derived. the company distributes its products throughout the united states through the company’s sales force and various independent representatives. the company has one active wholly-owned subsidiary: dmi furniture, inc. (“dmi”), which is a
Flexsteel Industries executives and other stock owners filed with the SEC include: