The estimated Net Worth of Steven G Mihaylo is at least $52.4 Million dollars as of 15 June 2023. Mr. Mihaylo owns over 43,700 units of Crexendo stock worth over $50,274,164 and over the last 5 years he sold CXDO stock worth over $1,843,200. In addition, he makes $304,975 as Chairman of the Board and Chief Executive Officer at Crexendo.
Steven has made over 117 trades of the Crexendo stock since 2019, according to the Form 4 filled with the SEC. Most recently he bought 43,700 units of CXDO stock worth $81,719 on 15 June 2023.
The largest trade he's ever made was selling 360,000 units of Crexendo stock on 28 September 2020 worth over $1,843,200. On average, Steven trades about 16,627 units every 11 days since 2019. As of 15 June 2023 he still owns at least 11,297,565 units of Crexendo stock.
You can see the complete history of Mr. Mihaylo stock trades at the bottom of the page.
Steven G. Mihaylo, Ph.D., is Chairman of the Board, Chief Executive Officer of Crexendo Inc. Mr. Mihaylo is the former Chairman and Chief Executive Officer of Inter-Tel, Incorporated (“Inter-Tel”), which he founded in 1969 and where he continued to serve until 2007. Mr. Mihaylo led the development of Inter-Tel from providing business telephone systems to offering complete managed services and software that help businesses facilitate communication and increase customer service and productivity. Before selling Inter-Tel to Francisco Partners, a private equity firm, for approximately $720 million in 2007, Mr. Mihaylo grew the business to nearly $500 million in annual sales. The Board nominated Mr. Mihaylo to the Board in party because he is the Chief Executive Officer of the Company and has more than 40 years of experience in the industry in which the Company competes. Mr. Mihaylo is the only officer of the Company nominated to serve as a director, and he plays a critical role in communicating the Board’s expectations, concerns, and encouragement to the Company’s employees. Mr. Mihaylo performs an extremely valuable role as the Chairman of the Board and is a tremendous asset to the Company.
As the Chairman of the Board and Chief Executive Officer of Crexendo, the total compensation of Steven Mihaylo at Crexendo is $304,975. There are 1 executives at Crexendo getting paid more, with Douglas Walter Gaylor having the highest compensation of $311,276.
Steven Mihaylo is 71, he's been the Chairman of the Board and Chief Executive Officer of Crexendo since 2012. There are 3 older and 9 younger executives at Crexendo. The oldest executive at Crexendo, Inc. is Steven G. Mihaylo, 78, who is the Chairman & CEO.
Steven's mailing address filed with the SEC is 1615 S 52ND ST, , TEMPE, AZ, 85281.
Over the last 6 years, insiders at Crexendo have traded over $2,210,465 worth of Crexendo stock and bought 1,188,578 units worth $3,689,642 . The most active insiders traders include Steven G Mihaylo, Douglas Walter Gaylor, and Ron Vincent. On average, Crexendo executives and independent directors trade stock every 5 days with the average trade being worth of $51,469. The most recent stock trade was executed by Ron Vincent on 5 September 2024, trading 4,167 units of CXDO stock currently worth $18,543.
Crexendo, Inc. provides cloud communication, unified communications as a service, call center, collaboration, and other cloud business services for businesses in the United States, Canada, and internationally. It operates through two segments, Cloud Telecommunications and Web Services. The Cloud Telecommunications segment provides telecommunications services that transmit calls using Internet protocol (IP) or cloud technology, which converts voice signals into digital data packets for transmission over the Internet or cloud; and resells broadband Internet services. This segment is also involved in the sale and lease of cloud telecommunications equipment. In addition, it offers hardware, software, and unified communication solutions for businesses using IP or cloud technology over high-speed internet connection through various devices and user interfaces, such as desktop phones and/or mobile, and desktop applications under the Crexendo brand name. The Web Services segment provides website hosting and other professional services. The company was formerly known as iMergent, Inc. and changed its name to Crexendo, Inc. in May 2011. Crexendo, Inc. was incorporated in 1995 and is headquartered in Tempe, Arizona.
Crexendo executives and other stock owners filed with the SEC include: