The estimated Net Worth of Izhar Armony is at least $1.55 Milion dollars as of 6 November 2020. Mr. Armony owns over 6,186 units of Virtusa Corp stock worth over $1,346,489 and over the last 17 years he sold VRTU stock worth over $0. In addition, he makes $199,972 as Independent Director at Virtusa Corp.
Izhar has made over 4 trades of the Virtusa Corp stock since 2013, according to the Form 4 filled with the SEC. Most recently he exercised 6,186 units of VRTU stock worth $83,016 on 6 November 2020.
The largest trade he's ever made was exercising 30,000 units of Virtusa Corp stock on 11 June 2013 worth over $238,800. On average, Izhar trades about 1,848 units every 82 days since 2007. As of 6 November 2020 he still owns at least 26,232 units of Virtusa Corp stock.
You can see the complete history of Mr. Armony stock trades at the bottom of the page.
Izhar Armony serves as Independent Director of the Company. Mr. Armony has served as a member of our board of directors since April 2004. Mr. Armony has been a managing general partner at Charles River Ventures, a venture capital investment firm, since 1997. Prior to joining Charles River Ventures, Mr. Armony was with Onyx Interactive, an interactive training company based in Tel Aviv where he served as vice president of marketing and business development. Mr. Armony also served as an officer in the Israeli Army. Mr. Armony received an M.B.A. from the Wharton School of Business and an M.A. in International Studies from the University of Pennsylvania.
As the Independent Director of Virtusa Corp, the total compensation of Izhar Armony at Virtusa Corp is $199,972. There are 9 executives at Virtusa Corp getting paid more, with Krishan Canekeratne having the highest compensation of $8,235,740.
Izhar Armony is 56, he's been the Independent Director of Virtusa Corp since 2004. There are 9 older and 4 younger executives at Virtusa Corp. The oldest executive at Virtusa Corp is William O'Brien, 76, who is the Independent Director.
Izhar's mailing address filed with the SEC is C/O VIRTUSA CORPORATION, 132 TURNPIKE ROAD, SOUTHBOROUGH, MA, 01772.
Over the last 17 years, insiders at Virtusa Corp have traded over $92,738,885 worth of Virtusa Corp stock and bought 214,819 units worth $4,558,403 . The most active insiders traders include Kris A Canekeratne, Robert E Davoli a Raj Rajgopal. On average, Virtusa Corp executives and independent directors trade stock every 11 days with the average trade being worth of $656,665. The most recent stock trade was executed by Al Noor Ramji on 28 January 2021, trading 9,015 units of VRTU stock currently worth $153,525.
Virtusa Corporation is a global provider of Digital Business Transformation, Digital Engineering, and Information Technology (IT) outsourcing services that accelerate our clients' journey to their Digital Future. Virtusa serves Global 2000 companies in Banking, Financial Services, Insurance, Healthcare, Telecommunications, Media, Entertainment, Travel, Manufacturing, and Technology industries. Using a combination of digital strategy, digital engineering, business implementation, and IT platform modernization services, Virtusa helps clients execute successful end-to-end digital business transformation initiatives. Virtusa engages its clients to re-imagine their business models and develop strategies to defend and grow their business by introducing innovative products and services, developing distinctive digital consumer experiences, creating operational efficiency using digital labor, developing operational and IT platforms for the future, and rationalizing and modernizing their existing IT applications infrastructure. As a result, its clients are simultaneously able to drive business growth through digital-first customer experiences, while also consolidating and modernizing their IT application infrastructure to support digital business transformation. Holding a proven record of success across industries, Virtusa readily understands its clients' business challenges and uses its domain expertise to deliver innovative applications of technology to address its clients' critical business challenges. Examples include building the world's largest property & casualty claims modernization program; one of the largest corporate customer portals for a premier global bank; an order to cash implementation for a multinational telecommunications provider; and digital transformation initiatives for media and banking companies. Founded in 1996 and headquartered in Massachusetts, Virtusa has operations in North America, Europe, and Asia.
Virtusa Corp executives and other stock owners filed with the SEC include: