
Top Black CEO Marvin Ellison gains $1.2 million from Lowe’s shares in 15 days
This recent upswing comes on the heels of a previous downturn in Ellison’s wealth between April 1 and 19, during which his stake in Lowe’s decreased by $4.61 million.
This recent upswing comes on the heels of a previous downturn in Ellison’s wealth between April 1 and 19, during which his stake in Lowe’s decreased by $4.61 million.
The Arnold-led intelligent power management company benefited from robust demand in its Electrical Americas segment.
This setback follows a period of notable loss of $6.2 million between April 5 and 13, when Arnold’s stake in Eaton decreased from $170.89 million to $164.68 million.
Frazier’s holdings in Merck took a hit earlier this month, but a recent surge in the company’s share price has recouped those losses.
The award recognizes Eaton’s $200-million-plus investments in clean energy projects and workforce training across facilities in Texas and Wisconsin.
Despite the recent decline, Frazier remains a top Black executive.
This recent boost follows a previous rise in Ellison’s wealth, with his stake in Lowe’s seeing a $3.3-million uptick between Jan. 24 and Feb. 14.
Arnold, recognized as one of America’s leading executives, holds a beneficial 0.13-percent stake in the power management company, or 517,061 shares.
Since the start of the year, the market value of Burns’ stake in Uber has surged by $3.4 million, rising from $9.08 million to $12.48 million.
As a result, the company’s market capitalization has fallen below $310 billion, leading to significant losses for shareholders, including Frazier.
The recent $4.31-million surge in Ellison’s stake in Lowe’s further cements Ellison’s position as one of America’s richest Black CEOs and one of the world’s leading executives.
Arnold, recognized as one of America’s leading executives, holds a beneficial 0.13-percent stake in Eaton Corporation, or 517,061 shares.
Frazier, who ranks as one of America’s top Black executives, holds a minority stake of 0.028-percent stake in Merck & Co.
Eaton’s Chairman and CEO, Arnold, who assumed office on June 1, 2016, holds a 0.13 percent stake in the company, equivalent to 517,061 shares.
As the driving force behind Blue Springs Metals, Georgetown Metal Processing, and Madison Metal Processing, Lewis showcases his financial acumen, strategic prowess, and commitment to community development.
Beyond Xbox, Bond’s influence extends to the boards of leading tech companies, where her expertise acts as a guiding force for diverse businesses.