The estimated Net Worth of Lennart R. Freeman is at least $1.08 millió dollars as of 4 August 2023. Mr. Freeman owns over 1,847 units of Universal stock worth over $744,586 and over the last 11 years he sold UVV stock worth over $162,319. In addition, he makes $170,347 as Independent Director at Universal.
Lennart has made over 2 trades of the Universal stock since 2022, according to the Form 4 filled with the SEC. Most recently he sold 1,847 units of UVV stock worth $90,060 on 4 August 2023.
The largest trade he's ever made was selling 1,847 units of Universal stock on 4 August 2023 worth over $90,060. On average, Lennart trades about 250 units every 28 days since 2013. As of 4 August 2023 he still owns at least 14,594 units of Universal stock.
You can see the complete history of Mr. Freeman stock trades at the bottom of the page.
Lennart R. Freeman is Independent Director of the Company. 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. L. 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. Mr. L. Freeman has no relation to Mr. G. Freeman. Mr. L. Freeman's extensive experience in the tobacco industry adds depth to the Board of Director's ability to evaluate and develop industry opportunities and strategies. His senior leadership roles at Swedish Match provide the Board of Directors with valuable expertise regarding corporate leadership, governance and strategic planning. In addition, his years with Swedish Match, a multinational company, also adds a unique customer and international perspective to the Board of Directors.
As the Independent Director of Universal, the total compensation of Lennart Freeman at Universal is $170,347. There are 13 executives at Universal getting paid more, with George Freeman having the highest compensation of $4,567,740.
Lennart Freeman is 69, he's been the Independent Director of Universal since 2013. There are 2 older and 23 younger executives at Universal. The oldest executive at Universal Corp. is Eddie Moore, 72, who is the Lead Independent Director.
Over the last 21 years, insiders at Universal have traded over $28,008,484 worth of Universal stock and bought 2,500 units worth $97,225 . The most active insiders traders include Robert C Sledd, Michael T Lawton és George C Iii Freeman. On average, Universal executives and independent directors trade stock every 23 days with the average trade being worth of $309,947. The most recent stock trade was executed by Candace C Formacek on 22 November 2023, trading 3,767 units of UVV stock currently worth $206,959.
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Universal executives and other stock owners filed with the SEC include: