The estimated Net Worth of Lawrence D Mc Rae is at least $18.4 Million dollars as of 15 April 2024. Mr. Rae owns over 41,305 units of Corning stock worth over $10,736,994 and over the last 20 years he sold GLW stock worth over $2,815,097. In addition, he makes $4,804,690 as Vice Chairman and Corporate Development Officer at Corning.
Lawrence has made over 71 trades of the Corning stock since 2005, according to the Form 4 filled with the SEC. Most recently he exercised 41,305 units of GLW stock worth $1,728,614 on 15 April 2024.
The largest trade he's ever made was exercising 124,466 units of Corning stock on 14 April 2023 worth over $5,208,902. On average, Lawrence trades about 14,312 units every 54 days since 2005. As of 15 April 2024 he still owns at least 256,559 units of Corning stock.
You can see the complete history of Mr. Rae stock trades at the bottom of the page.
Lawrence D. McRae serves as Vice Chairman and Corporate Development Officer of the Company. Mr. McRae joined Corning in 1985 and has held a broad range of leadership positions in various finance, sales, marketing, and general management across Corning’s businesses. He was appointed vice president Corporate Development in 2000, senior vice president Corporate Development in 2003, senior vice president Strategy and Corporate Development in 2005, and executive vice president Strategy and Corporate Development in 2010. Mr. McRae has served on Corning’s management committee since 2002 and was named vice chairman in 8/2015.
As the Vice Chairman and Corporate Development Officer of Corning, the total compensation of Lawrence McRae at Corning is $4,804,690. There are 3 executives at Corning getting paid more, with Wendell Weeks having the highest compensation of $14,283,700.
Lawrence McRae is 61, he's been the Vice Chairman and Corporate Development Officer of Corning since 2015. There are 14 older and 13 younger executives at Corning. The oldest executive at Corning, Inc. is Richard Clark, 74, who is the Lead Independent Director.
Lawrence's mailing address filed with the SEC is ONE RIVERFRONT PLAZA, , CORNING, NY, 14831.
Over the last 20 years, insiders at Corning have traded over $138,249,348 worth of Corning stock and bought 1,179,165 units worth $15,069,342 . The most active insiders traders include Wendell P Weeks, James B Flaws, and Kirk P Gregg. On average, Corning executives and independent directors trade stock every 7 days with the average trade being worth of $1,653,117. The most recent stock trade was executed by John P Jr Bayne on 27 August 2024, trading 7,774 units of GLW stock currently worth $162,477.
about corning incorporated corning (www.corning.com) is one of the world’s leading innovators in materials science. for more than 160 years, corning has applied its unparalleled expertise in specialty glass, ceramics, and optical physics to develop products that have created new industries and transformed people’s lives. corning succeeds through sustained investment in r&d, a unique combination of material and process innovation, and close collaboration with customers to solve tough technology challenges. corning’s businesses and markets are constantly evolving. today, corning’s products enable diverse industries such as consumer electronics, telecommunications, transportation, and life sciences. they include damage-resistant cover glass for smartphones and tablets; precision glass for advanced displays; optical fiber, wireless technologies, and connectivity solutions for high-speed communications networks; trusted products that accelerate drug discovery and manufacturing; and emissio
Corning executives and other stock owners filed with the SEC include: