The estimated Net Worth of Molly Langenstein is at least $6.74 Million dollars as of 26 June 2020. Ms. Langenstein owns over 75,000 units of Chico`s Fas stock worth over $3,686,577 and over the last 10 years she sold CHS stock worth over $876,790. In addition, she makes $2,175,040 as President, Chief Executive Officer, and Director at Chico`s Fas.
Molly has made over 3 trades of the Chico`s Fas stock since 2015, according to the Form 4 filled with the SEC. Most recently she bought 75,000 units of CHS stock worth $99,750 on 26 June 2020.
The largest trade she's ever made was buying 75,000 units of Chico`s Fas stock on 26 June 2020 worth over $99,750. On average, Molly trades about 3,388 units every 74 days since 2015. As of 26 June 2020 she still owns at least 485,715 units of Chico`s Fas stock.
You can see the complete history of Ms. Langenstein stock trades at the bottom of the page.
Molly Langenstein has been appointed as President, Chief Executive Officer, Director of the Company effective 6/24/2020. She will transition to the role of CEO and President, effective June 24, 2020. She joined the Company in August 2019. Ms. Langenstein is a 30-year retail industry veteran, including nearly three decades at Macy's, Inc. (“Macy’s”), where she was promoted to numerous executive positions with increasing scope and responsibility. From 2017 to 2019, Ms. Langenstein served as General Business Manager, Ready-to-Wear at Macy's. In that role, she led a multibillion-dollar business and was responsible for all buying, planning and product development for stores and digital, and leading Macy's Sourcing organization. Previously, she served as Chief Private Brands Officer of Macy's and Bloomingdales from 2015 to 2017, responsible for the organization that concepts, designs, sources and markets Macy's portfolio of highly successful private brands of apparel, accessories and home goods. In this capacity, she also had oversight of finance, operations, logistics, human resources, product development and technology. Prior to that role, Ms. Langenstein served as Executive Vice President of Private Brands for Men's and Children's Wear at Macy's Private Brands from 2013 to 2014, where she led cross-functional collaborative efforts to execute strategy and the turnaround of the division's online performance, growing the platform significantly and establishing private brands as Macy's top digital content provider. In 2012, she was named Executive Vice President, Group Merchandise Manager of Millennial, creating five new millennial brands and growing market share over a two-year period. Earlier, her career at Macy's included assignments as General Merchandise Manager for Men's and Kids at Macy's Florida (Miami), for Millennial at Macy's West (San Francisco) and for Ready-to-Wear at Macy's North (Minneapolis). Ms. Langenstein received her Bachelor of Science degree in Fashion Merchandising from Kent State University.
As the President, Chief Executive Officer, and Director of Chico`s Fas, the total compensation of Molly Langenstein at Chico`s Fas is $2,175,040. There are 1 executives at Chico`s Fas getting paid more, with Bonnie Brooks having the highest compensation of $5,888,650.
Molly Langenstein is 56, she's been the President, Chief Executive Officer, and Director of Chico`s Fas since 2020. There are 14 older and 5 younger executives at Chico`s Fas. The oldest executive at Chico`s Fas, Inc. is Stephen Watson, 75, who is the Independent Director.
Molly's mailing address filed with the SEC is Metro Parkway, Fort Myers, Lee County, Florida, 33912, United States.
Over the last 22 years, insiders at Chico`s Fas have traded over $28,546,851 worth of Chico`s Fas stock and bought 334,765 units worth $838,704 . The most active insiders traders include Kevin Mansell, Deborah Kerr, and Bonnie R. Brooks. On average, Chico`s Fas executives and independent directors trade stock every 34 days with the average trade being worth of $236,907. The most recent stock trade was executed by Bonnie R. Brooks on 16 March 2023, trading 69,600 units of CHS stock currently worth $437,088.
the company, through its brands – chico's, white house black market (whbm), and soma – is a leading omni-channel specialty retailer of women's private branded, sophisticated, casual-to-dressy clothing, intimates and complementary accessories. as of january 28, 2017, the company operated 1,501 stores in the us and canada and sold merchandise through franchise locations in mexico. the company's merchandise is also available at www.chicos.com, www.whbm.com, and www.soma.com. the chico’s brand was founded in 1983 as a boutique selling mexican folk art and cotton sweaters from a store on florida’s sanibel island. today, we offer women exclusively designed, private branded clothing featuring a combination of fabulous style with on-trend and one-of-a-kind designs for a wardrobe that is fashionable, unique, relaxed, figure-flattering, and comfortable. chico's acquired whbm in 2003 and then opened the first soma boutique in 2004. chico's fas, inc. embraces a culture of servant leadership. what
Chico`s Fas executives and other stock owners filed with the SEC include: