The estimated Net Worth of Patrick D. Quarles is at least $11.5 Million dollars as of 18 March 2022. Mr. Quarles owns over 16,859 units of Trecora Resources stock worth over $3,181,049 and over the last 13 years he sold TREC stock worth over $6,003,771. In addition, he makes $2,291,590 as President, Chief Executive Officer, and Director at Trecora Resources.
Patrick has made over 36 trades of the Trecora Resources stock since 2012, according to the Form 4 filled with the SEC. Most recently he exercised 16,859 units of TREC stock worth $165,387 on 18 March 2022.
The largest trade he's ever made was exercising 60,144 units of Trecora Resources stock on 25 July 2014 worth over $788,488. On average, Patrick trades about 10,716 units every 62 days since 2011. As of 18 March 2022 he still owns at least 324,266 units of Trecora Resources stock.
You can see the complete history of Mr. Quarles stock trades at the bottom of the page.
Patrick D. Quarles serves as President, Chief Executive Officer, Director of the Company. He holds a Bachelor of Science in Mechanical Engineering from Clemson University and an MBA from the Kellogg School of Management at Northwestern University. Mr. Quarles served as Executive Vice President and President, Acetyl Chain and Integrated Supply Chain at Celanese Corporation from 2015 to 2017. Prior to joining Celanese Corporation, Mr. Quarles held a variety of leadership positions at LyondellBasell Industries N.V., before serving as Senior Vice President of the Intermediates and Derivatives (“I&D”) segment and the supply chain and procurement functions from January 2015 to June 2015. This time included serving as a member of LyondellBasell's Management Board from 2014 to 2015, Senior Vice President – I&D from 2009 to 2014, Senior Vice President Propylene Oxide and Derivatives from 2008 to 2009 and Vice President of Performance Chemicals from 2004 to 2008. Mr. Quarles began his career in 1990 at ARCO Chemical/Union Carbide, where he held various positions in sales, marketing and business management. Mr. Quarles was appointed President and Chief Executive Officer of the Company in December 2018, as well as serving as a director. Mr. Quarles’ knowledge and experience in forming and leading lean teams focused on stockholder value across manufacturing, financial and commercial operations provides a wealth of knowledge to the Board.
As the President, Chief Executive Officer, and Director of Trecora Resources, the total compensation of Patrick Quarles at Trecora Resources is $2,291,590. There are no executives at Trecora Resources getting paid more.
Patrick Quarles is 53, he's been the President, Chief Executive Officer, and Director of Trecora Resources since 2018. There are 12 older and 2 younger executives at Trecora Resources. The oldest executive at Trecora Resources is Nicholas Carter, 73, who is the Director.
Patrick's mailing address filed with the SEC is C/O TRECORA RESOURCES, 1650 HWY 6 S, SUITE 190, SUGAR LAND, TX, 77478.
Over the last 10 years, insiders at Trecora Resources have traded over $48,045,663 worth of Trecora Resources stock and bought 417,560 units worth $3,431,706 . The most active insiders traders include Advisors, L.P.Pangaea Ventu..., Athel Fahad Mohammed Saleh Al, and Patrick D. Quarles. On average, Trecora Resources executives and independent directors trade stock every 11 days with the average trade being worth of $223,050. The most recent stock trade was executed by Michael W Silberman on 1 June 2022, trading 12,288 units of TREC stock currently worth $120,545.
Trecora Resources owns and operates a specialty petrochemicals facility specializing in high purity hydrocarbons and other petrochemical manufacturing and a specialty wax facility, both located in Texas, and provides custom processing services at both facilities.
Trecora Resources executives and other stock owners filed with the SEC include: