The estimated Net Worth of Michael Dennis Garcia is at least $4.23 Milion dollars as of 21 February 2020. Mr. Garcia owns over 16,106 units of Domtar stock worth over $1,470,540 and over the last 10 years he sold UFS stock worth over $580,733. In addition, he makes $2,178,090 as President - Pulp and Paper Division at Domtar.
Michael has made over 6 trades of the Domtar stock since 2017, according to the Form 4 filled with the SEC. Most recently he exercised 16,106 units of UFS stock worth $893,722 on 21 February 2020.
The largest trade he's ever made was exercising 28,764 units of Domtar stock on 1 May 2017 worth over $1,596,114. On average, Michael trades about 1,518 units every 17 days since 2014. As of 21 February 2020 he still owns at least 26,501 units of Domtar stock.
You can see the complete history of Mr. Garcia stock trades at the bottom of the page.
Michael Dennis Garcia serves as President - Pulp and Paper Division of the Company. Mr. Garcia joined Domtar in 2014. Prior to joining the Company, he was the chief executive officer at EVRAZ Highveld Steel & Vanadium Co., South Africa’s second largest steel producer. Mr. Garcia has more than 25 years of international management experience in paper, steel, and aluminum manufacturing and marketing. He has broad global experience, including executive assignments in Asia and Africa. Mr. Garcia is a Director of the Federal Reserve Bank of Richmond, Charlotte Branch, and of the USO of North Carolina. He also serves on the Board of Directors of Alliant Energy Corp.
As the President - Pulp and Paper Division of Domtar, the total compensation of Michael Garcia at Domtar is $2,178,090. There are 3 executives at Domtar getting paid more, with John Williams having the highest compensation of $6,836,750.
Michael Garcia is 55, he's been the President - Pulp and Paper Division of Domtar since 2014. There are 12 older and 1 younger executives at Domtar. The oldest executive at Domtar Corporation is Brian Levitt, 72, who is the Non-Executive Independent Director.
Michael's mailing address filed with the SEC is C/O ALLIANT ENERGY CORPORATION, 4902 N. BILTMORE LANE, MADISON, WI, 53718.
Over the last 18 years, insiders at Domtar have traded over $32,797,752 worth of Domtar stock and bought 338,760 units worth $1,325,100 . The most active insiders traders include John David Williams, Robert E Apple a William C Stivers. On average, Domtar executives and independent directors trade stock every 18 days with the average trade being worth of $478,490. The most recent stock trade was executed by Denis Turcotte on 30 September 2021, trading 1,023 units of UFS stock currently worth $56,766.
Domtar is a leading provider of a wide variety of fiber-based products including communication, specialty and packaging papers, market pulp and absorbent hygiene products. With approximately 8,800 employees serving more than 50 countries around the world, Domtar is driven by a commitment to turn sustainable wood fiber into useful products that people rely on every day. Domtar’s annual sales are approximately $5.2 billion, and its common stock is traded on the New York and Toronto Stock Exchanges. Domtar’s principal executive office is in Fort Mill, South Carolina.
Domtar executives and other stock owners filed with the SEC include: