John Dean’s Net Worth Revealed
Welcome to this article where we will explore the estimated net worth of John C. Dean, a highly respected figure in the financial services industry. As an Independent Director at Elevate Credit Inc, we will delve into his notable financial accomplishments, insider trading endeavors, biography, salary, age, and much more. Join us as we uncover the fascinating details of John Dean’s professional journey.
John Dean’s Estimated Net Worth
As of May 6, 2022, John C. Dean’s estimated net worth stands at a remarkable $10 million. It is worth noting that his net worth is subject to change due to market fluctuations and his ongoing financial activities.
Insider Trading Activities
John Dean has been actively involved in trading Elevate Credit Inc stock for over 13 years. According to the Form 4 filled with the Securities and Exchange Commission (SEC), he has made over 46 trades since 2010. His most recent trade was on May 6, 2022, when he exercised 31,339 units of ELVT stock, valued at $58,604. The largest trade he conducted was on May 2, 2018, when he sold 216,263 units of Elevate Credit Inc stock, worth over $1.8 million. On average, John trades approximately 11,134 units every 47 days since 2010. As of May 6, 2022, he still retains ownership of at least 171,719 units of Elevate Credit Inc stock.
John Dean’s Biography
John C. Dean has been an Independent Director of Elevate Credit Inc since May 2014. With over 35 years of experience in the financial services industry, he has held significant positions in various financial institutions across the country. Notably, he served as the Chief Executive Officer of five financial institutions, including Silicon Valley Bank. Since 2010, he has been associated with Central Pacific Bank, where he initially served as the Chairman of the Board and later became the Chief Executive Officer until July 2015, when he assumed the role of Executive Chairman of the Board. Mr. Dean’s accomplishments have earned him recognition, such as being named Forbes’ “50 Most Powerful Dealmakers” in 2001. Furthermore, he received several accolades including Hawaii Business Magazine’s 2012 CEO of the Year, Sales and Marketing Executives International Honolulu’s 2012 Salesperson of the Year, 2012 Pacific Business News’ Business Leader of the Year, and 2012 Pacific Buddhist Academy Inspirational Leader. He holds an MBA in Finance from the Wharton School at the University of Pennsylvania, having graduated from Holy Cross College and previously served as a Peace Corps Volunteer in Western Samoa.
John Dean’s Compensation
As an Independent Director of Elevate Credit Inc, John Dean receives an annual compensation of $171,683. It is important to note that there are nine executives at Elevate Credit Inc who receive higher compensation, with Jason Harvison having the highest compensation of $2,713,090.
John Dean’s Age
John Dean, born in [insert year], is currently 72 years old. He assumed the role of Independent Director at Elevate Credit Inc in 2019. Among the executives at Elevate Credit Inc, there are two individuals older than him and 16 younger executives. The oldest executive is Stephen Shaper, aged 83, who serves as an Independent Director.
If you wish to reach out to John Dean, his mailing address filed with the SEC is as follows:
C/O ELEVATE CREDIT INC. 4150 INTERNATIONAL PLAZA, SUITE 300 FORT WORTH, TX, 76109
Insider Trading at Elevate Credit Inc
Over the past six years, insiders at Elevate Credit Inc have been actively involved in trading company stock. The total value of stock traded by insiders amounts to over $56 million, with purchases of 295,331 units worth $1.6 million. Some notable insiders engaged in trading activities include Tyler W. K. Head, Management Llcsc Ix.I Manag…, and Iii Management Llcsequoia C…. On average, Elevate Credit Inc executives and independent directors trade stock every 7 days, with an average trade worth approximately $118,476. The most recent stock trade was executed by Chad Bradford on February 15, 2023, involving the purchase of 4,006 units of ELVT stock, currently valued at $7,491.
Elevate Credit Inc’s Services
Elevate Credit Inc, in collaboration with partner banks, has facilitated the origination of over $8.6 billion in non-prime credit to more than 2.5 million non-prime consumers. This responsible, tech-enabled approach has resulted in savings of over $7.6 billion for customers compared to the cost of payday loans. Elevate’s online credit solutions offer immediate relief to customers and contribute to building a brighter financial future. The company is dedicated to rewarding borrowers’ good financial behavior by providing features such as interest rates that can decrease over time, free financial training, and free credit monitoring. Some of Elevate’s notable credit brands include RISE, Elastic, and Today Card.
John Dean, an Independent Director at Elevate Credit Inc, has achieved significant success in the financial services industry throughout his illustrious career. With an estimated net worth of $10 million, his contributions and insider trading activities have made a lasting impact. As a member of the Board of Directors and an executive in various financial institutions, John Dean has left an indelible mark on the industry. Elevate Credit Inc continues to provide responsible online credit solutions, positively impacting millions of non-prime consumers.