Virgis Colbert Net Worth

The estimated Net Worth of Virgis Colbert is at least $190 Thousand dollars as of 24 May 2019. Mr. Colbert owns over 5,000 units of New Senior Investment stock worth over $39,750 and over the last 16 years he sold SNR stock worth over $0. In addition, he makes $150,000 as Independent Director at New Senior Investment.

Mr. Colbert SNR stock SEC Form 4 insider trading

Virgis has made over 1 trades of the New Senior Investment stock since 2019, according to the Form 4 filled with the SEC. Most recently he bought 5,000 units of SNR stock worth $24,350 on 24 May 2019.

The largest trade he’s ever made was buying 5,000 units of New Senior Investment stock on 24 May 2019 worth over $24,350. On average, Virgis trades about 36 units every 0 days since 2003. As of 24 May 2019 he still owns at least 5,000 units of New Senior Investment stock.

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

Virgis Colbert biography

Virgis W. Colbert is Independent Director of the Company. Mr. Colbert has served as a member of our Board of Directors since October 2014. Mr. Colbert served as a director of Drive Shack Inc. since April 2019 and as a member of the audit committee and compensation committee of the board of directors since April 2019. Mr. Colbert is a Senior Advisor to MillerCoors LLC and has served in a variety of key leadership positions with Miller Brewing Company since 1979, including Executive Vice President of Worldwide Operations from 1997 to 2005 and Senior Vice President of Operations from 1993 to 1997. Mr. Colbert is a member of the Board of Directors of The NASDAQ Stock Market LLC, NASDAQ PHLX LLC, NASDAQ BX, Inc., International Securities Exchange, LLC, ISE Gemini, LLC and ISE Mercury, LLC. Mr. Colbert also serves on the board of STAG Industrials, Inc. Mr. Colbert has previously served on the boards of Lorillard, Inc., where he was Lead Independent Director (from 2008 to 2015), Delphi Corp. (from 1999 to 2006), Merrill Lynch & Co. Inc. (from 2006 to 2008), Bank of America Corp. (from 2009 to 2013), Stanley Black & Decker (from 2002 to 2013), the Sara Lee Corporation and its successor The Hillshire Brands Company (from 2006 to 2013) and The Manitowoc Company, Inc. (from 2001 to 2012). He is Chairman Emeritus of the board for the Thurgood Marshall College Fund and former Chairman of the board of trustees for Fisk University. He is a life member of the National Association for the Advancement of Colored People. As a result of these and other professional experiences, Mr. Colbert has particular knowledge of and extensive experience in public company board practices and in the management and oversight of a regulated public company, including operations, logistics and strategic planning. These factors and his other qualifications and skills, led our Board of Directors to conclude that Mr. Colbert should serve as a director.

What is the salary of Virgis Colbert?

As the Independent Director of New Senior Investment, the total compensation of Virgis Colbert at New Senior Investment is $150,000. There are 4 executives at New Senior Investment getting paid more, with Bhairav Patel having the highest compensation of $883,790.

How old is Virgis Colbert?

Virgis Colbert is 80, he’s been the Independent Director of New Senior Investment since 2014. There are no older and 7 younger executives at New Senior Investment.

What’s Virgis Colbert’s mailing address?

Virgis’s mailing address filed with the SEC is C/O STAG INDUSTRIAL, INC., ONE FEDERAL STREET, 23RD FLOOR, BOSTON, MA, 02110.

Insider trading at New Senior Investment

Over the last 5 years, insiders at New Senior Investment have traded over $0 worth of New Senior Investment stock and bought 229,090 units worth $2,671,988 . The most active insider traders include Wesley R Edens, James Justin Hutchens, and Michael D Malone. On average, New Senior Investment executives and independent directors trade stock every 33 days with the average trade being worth of $468,319. The most recent stock trade was executed by Susan Givens on 6 November 2015, trading 8,332 units of SNR stock currently worth $70,239.

What does New Senior Investment do?

New Senior Investment Group, Inc. engages in investing in private pay senior housing properties. It operates through Managed IL Properties, Managed AL/MC Properties and Triple Net Lease Properties. The Managed IL Properties and Managed AL/MC Properties invest in senior housing properties throughout the United States and engage property managers to manage those senior housing properties. The Triple Net Lease Properties invests in senior housing and healthcare properties throughout the United States and lease those properties to healthcare operating companies under triple net leases that obligate the tenants to pay all property-related expenses, including maintenance, utilities, taxes, insurance, repairs, capital improvements and the payroll expense of property-level employees. The company was founded on May 17, 2012 and is headquartered in New York, NY.

What does New Senior Investment’s logo look like?

Complete history of Mr. Colbert stock trades at Weyco, Drive Shack, The Manitowoc Co, New Senior Investment, STAG Industrial, and Stanley Black & Decker

New Senior Investment executives and stock owners

New Senior Investment executives and other stock owners filed with the SEC include:

  • Bhairav Patel, Interim Principal Financial Officer, Executive Vice President of Finance and Accounting
  • David Milner, Independent Director
  • Robert Savage, Independent Director
  • Stuart McFarland, Independent Director
  • Cassia Van Der Hoof Holstein, Independent Director
  • Michael Malone, Independent Director
  • Virgis Colbert, Independent Director
  • J. Justin Hutchens, Independent Director
  • Susan Givens, Chief Executive Officer, Director
  • Wesley R Edens, Director
  • Justine Cheng, CFO and Treasurer
  • Investment Corp Newcastle, 10% owner
  • David Jon Smith, EVP, Chief Financial Officer
  • Lori B. Marino, EVP, GC & Secretary