Last updated: 29 August 2024 at 4:21pm EST

Michael McKenney Net Worth




The estimated Net Worth of Michael J Mckenney is at least $12.3 Million dollars as of 28 August 2024. Mr. Mckenney owns over 5,500 units of Kadant stock worth over $5,825,322 and over the last 21 years he sold KAI stock worth over $5,205,051. In addition, he makes $1,297,360 as Executive Vice President and Chief Financial Officer at Kadant.

Mr. McKenney KAI stock SEC Form 4 insiders trading

Michael has made over 19 trades of the Kadant stock since 2012, according to the Form 4 filled with the SEC. Most recently he sold 5,500 units of KAI stock worth $1,747,130 on 28 August 2024.

The largest trade he's ever made was selling 15,670 units of Kadant stock on 3 February 2012 worth over $394,101. On average, Michael trades about 1,502 units every 81 days since 2003. As of 28 August 2024 he still owns at least 18,876 units of Kadant stock.

You can see the complete history of Mr. Mckenney stock trades at the bottom of the page.





Michael McKenney biography

Michael J. McKenney is Executive Vice President, Chief Financial Officer of Kadant Inc. Mr. McKenney has been an executive vice president and our chief financial officer since March 2018. From June 2015 to March 2018, he was a senior vice president and our chief financial officer. He served as our vice president, finance and chief accounting officer from 2002 to 2015 and as corporate controller from 1997 to 2007. Mr. McKenney was controller of Kadant AES, our division acquired from Albany International Inc., from 1993 to 1997. Prior to 1993, Mr. McKenney held various financial positions at Albany International and Coopers & Lybrand LLP.

What is the salary of Michael McKenney?

As the Executive Vice President and Chief Financial Officer of Kadant, the total compensation of Michael McKenney at Kadant is $1,297,360. There are 4 executives at Kadant getting paid more, with Jeffrey Powell having the highest compensation of $2,765,940.



How old is Michael McKenney?

Michael McKenney is 58, he's been the Executive Vice President and Chief Financial Officer of Kadant since 2018. There are 8 older and 8 younger executives at Kadant. The oldest executive at Kadant, Inc. is William Tully, 79, who is the Independent Director.

What's Michael McKenney's mailing address?

Michael's mailing address filed with the SEC is KADANT INC., ONE TECHNOLOGY PARK DRIVE, WESTFORD, MA, 01886.

Insiders trading at Kadant

Over the last 21 years, insiders at Kadant have traded over $63,605,434 worth of Kadant stock. The most active insiders traders include Jonathan W Painter, William A Rainville, and Jeffrey L Powell. On average, Kadant executives and independent directors trade stock every 15 days with the average trade being worth of $1,420,840. The most recent stock trade was executed by Rebecca Martinez O'mara on 29 August 2024, trading 200 units of KAI stock currently worth $63,652.



What does Kadant do?

kadant is a global supplier of high-value, critical components and engineered systems used in process industries worldwide. the company’s products, technologies, and services play an integral role in enhancing process efficiency, optimizing energy utilization, and maximizing productivity in resource-intensive industries. while kadant is a relatively new name, and became a fully independent public company in 2001, some of our businesses have been serving industrial customers for more than 100 years. through a combination of acquisitions and internal development, we continue to strengthen our position as a leading supplier to process industries worldwide. kadant inc. is based in westford, massachusetts, usa with revenues of $402 million in 2014 and 1,800 employees worldwide. our stock trades on the new york stock exchange under the symbol kai. kadant brand products and services are sold to industries worldwide through our subsidiaries located in north america, south america, europe,



What does Kadant's logo look like?

Kadant, Inc. logo

Complete history of Mr. Mckenney stock trades at Kadant

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
28 Aug 2024 Michael J Mckenney
Executive Vice President and CFO
Sale 5,500 $317.66 $1,747,130
28 Aug 2024
18,876
10 Mar 2024 Michael J Mckenney
Executive Vice President and CFO
Option 4,373 $327.00 $1,429,971
10 Mar 2024
24,493
17 Mar 2023 Michael J Mckenney
Executive Vice President and CFO
Sale 2,665 $200.73 $534,945
17 Mar 2023
21,988
14 Mar 2023 Michael J Mckenney
Executive Vice President and CFO
Sale 2,335 $207.73 $485,050
14 Mar 2023
24,653
10 Mar 2023 Michael J Mckenney
Executive Vice President and CFO
Option 4,762 $207.57 $988,448
10 Mar 2023
27,070
10 Mar 2022 Michael J Mckenney
Executive Vice President and CFO
Option 5,300 $199.93 $1,059,629
10 Mar 2022
24,113
15 Nov 2021 Michael J Mckenney
Executive Vice President and CFO
Option 4,728 $25.98 $122,833
15 Nov 2021
20,718
10 Mar 2021 Michael J Mckenney
Executive Vice President and CFO
Option 4,976 $178.40 $887,718
10 Mar 2021
20,797
4 Jan 2021 Michael J Mckenney
Executive Vice President and CFO
Sale 306 $141.19 $43,204
4 Jan 2021
17,086
14 Dec 2020 Michael J Mckenney
Executive Vice President and CFO
Sale 5,516 $135.12 $745,322
14 Dec 2020
17,392
10 Mar 2020 Michael J Mckenney
Executive Vice President and CFO
Option 4,689 $82.12 $385,061
10 Mar 2020
18,765
11 Dec 2019 Michael J Mckenney
Executive Vice President and CFO
Option 4,188 $24.90 $104,281
11 Dec 2019
16,745
14 May 2019 Michael J Mckenney
Executive Vice President and CFO
Option 2,261 $14.17 $32,038
14 May 2019
17,318
7 Sep 2018 Michael J Mckenney
Executive Vice President and CFO
Sale 5,000 $103.00 $515,000
7 Sep 2018
11,624
15 Dec 2017 Michael J Mckenney
Executive Vice President and CFO
Sale 1,400 $100.26 $140,364
15 Dec 2017
13,314
11 Dec 2017 Michael J Mckenney
Executive Vice President and CFO
Sale 6,100 $98.35 $599,935
11 Dec 2017
14,714
10 Mar 2016 Michael J Mckenney
Executive Vice President and CFO
Option 3,562 $41.85 $149,070
10 Mar 2016
17,179
27 Apr 2012 Michael J Mckenney
Executive Vice President and CFO
Option 2,261 $14.17 $32,038
27 Apr 2012
5,780
3 Feb 2012 Michael J Mckenney
Executive Vice President and CFO
Sale 15,670 $25.15 $394,101
3 Feb 2012
1,533


Kadant executives and stock owners

Kadant executives and other stock owners filed with the SEC include: