The estimated Net Worth of Claude Le Blanc is at least $11.2 Million dollars as of 7 August 2024. Mr. Blanc owns over 25,000 units of AMBAC stock worth over $5,622,255 and over the last 2001 years he sold AMBC stock worth over $0. In addition, he makes $5,588,240 as President, Chief Executive Officer, and Director at AMBAC.
Claude has made over 49 trades of the AMBAC stock since 24, according to the Form 4 filled with the SEC. Most recently he bought 25,000 units of AMBC stock worth $270,750 on 7 August 2024.
The largest trade he's ever made was exercising 258,449 units of AMBAC stock on 1 March 2021 worth over $2,755,066. On average, Claude trades about 18,858 units every 12,384 days since 24. As of 7 August 2024 he still owns at least 527,416 units of AMBAC stock.
You can see the complete history of Mr. Blanc stock trades at the bottom of the page.
Claude L. LeBlanc serves as President, Chief Executive Officer, Director of the Company. Mr. LeBlanc has served as President and Chief Executive Officer, and director of Ambac Financial Group, Inc. and Ambac Assurance Corporation since January 1, 2017. In this role Mr. LeBlanc is responsible for providing strategic leadership and oversight with regard to Ambac’s strategic priorities and vision with a view towards creating long-term shareholder value. Mr. LeBlanc is also responsible for all day-to-day management decisions and for ensuring the execution of the Company’s short and long term plans. Previously, Mr. LeBlanc was the Chief Financial Officer and Chief Restructuring Officer of Syncora Holdings Ltd., from 2010 until December 24, 2016. Mr. LeBlanc joined Syncora in 2006 as Executive Vice President and was responsible for all corporate development activities, strategic development, capital planning, and management of key bank and rating agency relationships. Prior to joining Syncora, Mr. LeBlanc served as Senior Vice President of Corporate Development and Strategy and as a member of the executive management group for XL Capital Ltd. In this role, he led various global corporate development initiatives, oversaw and managed significant capital market transactions, and, reporting to the Chief Financial Officer and Chief of Staff, was responsible for global strategy development and capital management. Prior to joining XL Capital in 2002, he served as Chief Operating Officer and a member of the executive management team for Transworld Network International, a North American telecommunications group where he led corporate development, financial planning, and certain business operations. Mr. LeBlanc holds a BA in Economics from York University, a BComm from the University of Windsor and an MBA from the Schulich School of Business. He is a Chartered Accountant and Certified Public Accountant.
As the President, Chief Executive Officer, and Director of AMBAC, the total compensation of Claude LeBlanc at AMBAC is $5,588,240. There are no executives at AMBAC getting paid more.
Claude LeBlanc is 54, he's been the President, Chief Executive Officer, and Director of AMBAC since 2017. There are 7 older and 10 younger executives at AMBAC. The oldest executive at AMBAC Financial Group Inc. is Claude Prieur, 69, who is the Independent Director.
Claude's mailing address filed with the SEC is 1 State Street Plaza, New York, NY 10004, USA.
Over the last 2001 years, insiders at AMBAC have traded over $0 worth of AMBAC stock and bought 620,503 units worth $8,494,882 . The most active insiders traders include Claude Le Blanc, Tavakoli Nader, and C James Prieur. On average, AMBAC executives and independent directors trade stock every 3430 days with the average trade being worth of $117,111. The most recent stock trade was executed by R Sharon Smith on 8 August 2024, trading 1,100 units of AMBC stock currently worth $11,704.
ambac financial group, inc. (“ambac”), headquartered in new york city, is a holding company whose subsidiaries, including its principal operating subsidiary, ambac assurance corporation (“ambac assurance”), everspan financial guarantee corporation, and ambac assurance uk limited, provided financial guarantees and other financial services to clients in both the public and private sectors globally. ambac assurance, including the segregated account of ambac assurance (in rehabilitation), is a guarantor of public finance and structured finance obligations. ambac is also exploring opportunities involving the development or acquisition of new financial services businesses. ambac’s common stock trades on the nasdaq global select market (nasdaq: ambc)
AMBAC executives and other stock owners filed with the SEC include: