sale Odd Job Stores, Inc sells value-oriented consumer products at a broad range of price points offered at a substantial discount to the original retail price. Its related entity owns the Grand Park Centre building and the Woodward Avenue property. Competition among financial institutions is based on interest rates offered on deposit accounts, interest rates charged on loans, other credit and service charges relating to loans, the quality and scope of the services rendered, the convenience of banking facilities, and, in the case of loans to commercial borrowers, relative lending limits. It's actually a myth about how to make money on Facebook Gary Torgow is a Detroit businessman active in business, civic, charitable and communal endeavors. the Director of Huntington Bancshares Inc and owns about 911,250 shares of Huntington Bancshares Inc (HBAN) stock worth over $10 Million. Gary Torgow is married with five children. acquisition He was the first lawyer to wear a yarmulke in the courts in the '40s. As part of the merger, he and Provost are to get about$5million each worth of stock as "golden parachute" compensation, which will vest at later dates when they leave the bank, according to corporate filings. Chairman at TCF. Senior Exec. He is a member of the Executive Board of Business Leaders of Michigan, the Detroit Regional Partnership and the Detroit Economic Growth Corporation. The bank ultimately decided that it wanted thevisibility thatwould come with itsown building, he said. The most-recent trade in Huntington Bancshares Inc is the We. purchase Odd Job Stores Inc (ODDJ)'s detailed insider trading history can be found in Insider Trading Tracker table. Gary Torgow is the director & Executive Chairman of TCF Financial Corp. 1,800 shares on February 9, 2016, which He is the Chairman of the Board of Directors of Sterling Group, a real estate development and investment firm in Detroit. The performance of stocks bought by Gary Torgow within 3 months outperforms 3 times out of 5 transactions in total compared to the return of S&P 500 within the same period. Net worth score. 2004-2023 GuruFocus.com, LLC. of 0 shares. The company has recently acquired several landmark properties in southeast Michigan. He has been a board member of Henry Ford Hospital, Jackson National Life Insurance Company of New York and many other prominent organizations. Gary Howard Torgow J.D. , Insiders trading at TCF Corp Over the last 5 years, insiders at TCF Corp have traded over $15,582,698 worth of TCF Corp stock and bought 42,676 units worth $1,282,548 . Over the past 18 months, How to Run Your Warehouse More Efficiently, Every Amazing Host Knows These Secrets to Impressing Guests. The average asking rentdowntownfor all Class A office spaceduring the first quarter was $25.60 per square footon a gross basis, which isa slightly higherdollar amountthan pricesintriple net leases like Chemical Bank's, according to data from Newmark Knight Frank. Gary is a member of the Executive Board of Business Leaders of Michigan and is a Trustee and Board member of the Community Foundation of Southeastern Michigan. Sterling Group was founded by Gary Torgow, initially to develop under-utilized and/or under-performing residential a. Gary Torgow is married with five children. The bank has a network of branches and ATMs across eight Midwestern states. In summary, during the past 3 months, insiders sold 0 shares of TCF Financial Corp (TCF) in total and bought 0 shares, with a net Gary Torgow net worth 364 Thousand Millions of dollars 73% Net worth score Disclamer: Gary Torgow net worth displayed here are calculated based on a combination social factors. purchase No. Mr. Torgow previously was Chairman at Detroit Economic Growth Corp., Chairman of The Sterling Group, Inc., Chairman of Chemical Financial Corp., Chairman at Talmer Bancorp, Inc., Chairman at Talmer West Bank, Member-Executive Board at Business Leaders For Michigan and Director at Jewish Federation of Metropolitan Detroit. Founder of The Sterling Group, Inc., Gary H. Torgow is a businessperson who has been at the head of 7 different companies and is Executive Chairman at TCF Financial Corp. Mr. Torgow is also Chairman for Yeshiva Bais Yehudah and Member of State Bar of Michigan and on the board of 6 other companies. Enjoy a 7-Day Free Trial Thru May 08, 2023! The combined company and bank operates under the Huntington name and brand. What is Gary Torgow's Net Worth? Gary Torgow is also a Trustee of the Skillman Foundation, a private philanthropy group that serves as a champion of Detroit children. Torgow previously served as chairman of the board of directors of Chemical Financial Corporation from August 2016 to August 2019. It is illegal for insiders to make trades in their companies based on specific, non-public information. Its product line includes loans to small and medium-sized businesses, residential mortgage loans, commercial real estate loans, residential and commercial construction and development loans, consumer loans, home equity loans, agricultural loans, and a variety of commercial and consumer demand, savings and time deposit products. Pres. According to wikipedia, Gary Torgow was born on August 15, 1990. [1], Gary Torgow is chairman of The Huntington National Bank, a subsidiary of Huntington Bancshares, upon the merger of Huntington and TCF Financial Corporation.[2][3]. However, his net worth is estimated to be in the millions. According to Gary Torgow, the deal is a win-win situation for both the corporation and the city of Detroit. 0 transactions in Talmer Bancorp Inc (TLMR) over the past 5 years. a net Now Torgow'sfive adult children have been giventhe job of building anew 20-story headquarters in downtown Detroitfor their dad's bank and charging top-of-the-marketrents intheir future role as long-term landlord over Chemical Bank, which plans to rename itself TCF Bank in 2020. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. It provide their services in its core market in Michigan and Ohio. TCF Financial Corp (TCF) Gary Torgow is Even before the acquisition, TCF was the largest bank headquartered in Michigan. owns 104,777 shares of Chemical Financial Corp (TCF) as of June 13, 2019, with a value of $4 Million and a weighting of 12.41%. a net Gary is a graduate of Yeshiva University and Wayne State University School of Law and is a member in good standing of the Michigan Bar Association. As of December 31, 2019, the company had 520 branches, including 396 traditional branches, 121 supermarket branches, and three campus branches located in Michigan, Illinois, Minnesota, Colorado, Ohio, Wisconsin, Arizona, and South Dakota; and 1,099 ATMs. Elie Torgow has been working as a Chief Executive Officer at Sterling Group for 7 years. Gary Torgow Normally the ad cost for an Instagram ad post is based on the number of followers on the account. The majority of branches are concentrated in the U.S. Midwest, Colorado, Arizona, and South Dakota. Brantley J Standridge January 19, 2023 admin . Mr. Chemical Bank officials say the elder Torgow severed all personal and financial ties to the Sterling Group in 2009, when he and business partnerDavid Provost turned their focus to banking. The company and its subsidiary banks, Talmer Bank and Talmer West Bank are subject to extensive banking regulations that impose restrictions on and provide for general regulatory oversight of their operations. Prior to his work with Talmer Bancorp and Chemical Financial Corporation, Torgow founded and chaired Sterling Group, a real estate, development, and investment company based in Michigan. Please only use it for a guidance and Gary Torgow's actual income may vary a lot from the dollar amount shown above. is also a Trustee of the Skillman Foundation, a private philanthropy group that serves as a champion of Detroit children. During the past 18 months, 10,338 shares of DTE Energy Co (DTE) were sold and 0 shares were bought by its insiders, resulting in a net sale As the Exec. Further, it provides treasury services comprising investment and borrowing portfolios, as well as manages capital, debt, and market risks; check cashing and remittance services; lines of credit, letters of credit, and capital market products; and credit and debit cards. Gary Torgow owns about. During his time as chairman of the Detroit Economic Growth Corporation, he led the organization in achieving its goal of growing the citys economy. EVP & National Banking William S. Henak The most active insiders traders include David T Provost, Gary Torgow, and Craig R Dahl . He worked hard, became a lawyer and built up a law practice. You can select different timeframes to see how Gary Torgow's insider trading performs compared to the benchmark. Stock quotes provided by InterActive Data. Aside from his professional accomplishments, Gary Torgow is a family man and community leader. He is to get a total $12.5 million for this role, including a $3.5 million lump sum in cash, $3.5 million on the first and second anniversaries of the merger's effective date and $2.75 million on. Gary Torgow around $248,316. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. According to the SEC Form 4 filings, Gary Torgow has made a total of Gary Torgow also serves as a Trustee on the Board of Touro College, the Jewish Federation of Metropolitan Detroit, is a Senior Vice President of the Orthodox Union and the Board President of Detroits largest Jewish Day School, the Yeshiva Beth Yehudah. Gary Torgow Net Worth. . The couple jointly owns the Detroit Red Wings; he . Many people ask about the amount of money Gary Torgow makes from Instagram. of 74,550 shares made by Zachary Jacob Wasserman . Additionally, he serves as the Trustee on the board of the Jewish Federation of Metropolitan Detroit and is a member of the board of the Detroit Regional Partnership. He is also a trustee of the Community Foundation of Southeast Michigan. There are 9 older and 18 younger executives at TCF. acquisition Since it is a merger, he believes it will help make the citys economy stronger. The search included inside theRenaissance Center andthe futureHudson's site skyscraperbeing built by Dan Gilbert's Bedrock firm, whereoffice tenants could pay more than $40 per square foot. Talmer Bancorp Inc (TLMR)'s detailed insider trading history can be found in Insider Trading Tracker table. Cushman & Wakefield's report used acomparison sample of properties that included the new Google offices at Little Caesars Arena, where the tech giant signed a 10-year lease in October for the equivalent of $36 per square foot, albeit with a below-market deal on parking at only $125 per month per space. Gary Torgow is Chairman at The Huntington National Bank, a two-time author, and an active community leader in Detroit, Michigan. sale Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window), Click to share on LinkedIn (Opens in new window), Click to share on Reddit (Opens in new window), Click to share on Tumblr (Opens in new window), Click to share on Pinterest (Opens in new window), Click to share on Pocket (Opens in new window), Click to share on Telegram (Opens in new window), Click to share on WhatsApp (Opens in new window), Click to share on Skype (Opens in new window), Click to email a link to a friend (Opens in new window). Rev. He founded the Sterling Group, a real estate development and investment firm in Detroit. "This is not a negative story. , Each director getsannual compensation of$50,000 cash and nearly $81,000 in stock, plus payments ranging from $7,500to $25,000 for service on board committees. When a merger with another financial institution is made, it is expected to create more jobs. Dir Stra Ptnshp & Chf Div Donnell R White , He is also a member of the Board of Trustees of Beaumont Health Trustees. As a member of the board of directors, he brings deep knowledge of the Midwest market to the table. Talmer Bank and Trust is a Michigan state-chartered bank that opened in August 2007 in Troy, Michigan. Elie Torgow Current Workplace. You might contact Gary Torgow via mailing address: 235 East Main Street, Midland Mi 48640. The project was recently approved for about $30 million in public development subsidies through long-term tax captures, includinga $16.7-million brownfield incentive that will specifically goto GPC Adams. 1 transactions in Chemical Financial Corp (TCF) over the past 5 years, including 1 buys and 0 sells. , Phone Email. Mr. Details can be seen in Gary Torgow's Latest Holdings Summary section. , He was appointed to the board of directors of TCF Financial Corporation upon completion of the merger between Chemical Financial Corporation and legacy TCF Financial Corporation on August 1, 2019. purchase If you think Gary Torgow's age is not correct, please leave a comment about Gary Torgow's real age and Gary Torgow's actual birthday below. Gary Torgow atfirst tried to dissuade him from thatlocation for the new building. He has also been in a number of other bands. [15], He is the author of "Raising the Bar",[16] and "Holy Warrior",[17] and has given numerous talks[18] and lectures throughout the country.[19][20]. Huntington Relationship Money Market Account, Huntington SmartInvest Money Market Account. Gary Board previously served on the board of Jackson National Life Insurance Company of New York. Talmer Bancorp Inc. was incorporated under the laws of the State of Michigan in February 2003 and it became the bank holding company for Talmer Bank and Trust in 2007. He has received many awards, including the NAACP's Fannie Lou Hamer "Keeping the Spirit Moving" Award. It operates through Consumer Banking, Wholesale Banking, and Enterprise Services segments. is the Exec. Founder of The Sterling Group, Inc., Gary H. Torgow is a businessperson who has been at the head of 7 different companies and is Executive Chairman at TCF Financial Corp. Mr. Torgow is also Chairman for Yeshiva Bais Yehudah and Member of State Bar of Michigan and on the board of 6 other companies. He is also a sought-after speaker and community leader. In a phoneinterview Wednesday, McQuade said the development/landlord arrangement involving Torgow's children is agood deal at a fair price for what will be a marquee building forthe bank,and shedoes not believethat it constitutes any self-dealing on the part of GaryTorgow. Celebrities more often then not want to keep their love affairs secret, if you happen to know the name of Gary Torgow's partner, please leave a comment in the section below. Gary has won numerous awards including the Frank A. Wetsman Leadership Award from the Jewish Federation of Metropolitan Detroit, the NAACPs Fannie Lou Hamer Keeping the Spirit Moving Award, and the Wayne State University Law School Outstanding Alumni Award. The Torgow family has deep ties to the city of Detroit. Gary Torgow is a talented businessman, author, and community leader. Those rentsalso willgrow each year. of 419,428 shares. sale the Director of Chemical Financial Corp and owns about 104,777 shares of Chemical Financial Corp (TCF) stock worth over $4 Million. Gary Torgow has served as a volunteer on numerous civic and communal boards, including the Detroit Economic Growth Corporation and the Michigan Civil Rights Commission, both of which he served as Chairman. Its loan offices cover five Midwest states. Baby Smoove Net Worth How Much Is Baby Smoove Worth. The current estimated net worth of Huntington Bancshares Inc's Director, Gary Torgow, is estimated to be about $28.2M . Past performance is a poor indicator of future performance. Gary Torgow AMERICAN AXLE & MANUFACTURING HOLDINGS, INC. Transcript : Huntington Bancshares Incorporated - Shareholder/Analyst Call, TCF Financial Corporation Announces Management Changes, Huntington Bancshares Incorporated Adds Five New Board Members. As the Exec. Select a Column Field to add to the results, Refer a Friend and Earn One Month of Free Membership. Gary Torgow also serves on the board of DTE Energy and Blue Cross Blue Shield of Michigan. [12], He has received a number of honors and awards including the NAACP Fannie Lou Hamer Award,[13] the Jewish Federation of Metropolitan Detroit's Frank Wetsman Young Leadership Award,[14] and the Wayne State University School of Law Outstanding Alumni Award. Gary has 1 job listed on their profile. Elie Torgow, the manager of GPC Adams,holdsaday job asCEO of the Sterling Group, aDetroit-based real estate and investment firm that his father, Gary Torgow, co-founded in 1988. Type your email address below. Chairman at TCF. Gary Torgow is the director of Odd Job Stores Inc. To be detailed, the average return of stocks after 3 months bought by Gary Torgow is 10.21%. Chairman of TCF, the total compensation of Mr D at TCF is $2,391,244. Ron McGovney Net Worth . The company offers checking, savings, and money market accounts; certificates of deposit; and individual retirement accounts. Fundamental company data provided by Morningstar, updated daily. Chemical Bank previously merged with Talmer Bank, where Mr. Torgow served as Founder and Chairman. Aikens Group. & COO - DTE Gas Company Joi M. Harris Additionally, he serves as . Founded in 1866, Huntington National Bank and its affiliates provide consumer, small-business, commercial, treasury management, wealth management, brokerage, trust, and insurance services. All rights reserved. owns 748,690 shares of Talmer Bancorp Inc (TLMR) as of February 9, 2016, with a value of $17 Million and a weighting of 55.03%. Gary Torgow is the director of Huntington Bancshares Inc. , a Michigan-based real estate, development and investment company, which has acquired, developed and operated several important landmark properties in southeastern Michigan. Biography of Gary Torgow. Language links are at the top of the page across from the title. There are 5 executives at TCF getting paid more, with ThomasShafer having the highest compensation of $7,563,640. Committees: Community Development Committee, Lending products are subject to credit application and approval. Exec. of 3,438 shares made by Joann Chavez During the past 18 months, 0 shares of Talmer Bancorp Inc (TLMR) were sold and 0 shares were bought by its insiders, resulting in a net Gary Torgow is the director & Chairman of Talmer Bancorp Inc. More:What you should know about the banker behind Chemical-TCF merger, More:Chemical Bank to raze downtown Detroit building for new headquarters, More:Chemical Bank to merge with TCF Financial Corp., change name. a net As part of that plan, the bankwould have purchasedthe property along Woodward Avenue for its future headquarters for $35 million from a GPC Adams-related entity that is also partly owned by the five Torgow children. What Is the Average Cost of College Tuition? In addition, DTE has nonutility businesses and investments including energy marketing and trading, renewable natural gas facilities, and on-site industrial energy projects. Chief Accounting Officer Tracy J Myrick Board members at one pointdiscussed the idea of nixing the deal, she said, because of the possible perception thatthere was something improper, but they ultimately decided the dealwas too goodto pass up. Gary Torgow Net Worth. , DTE Energy Co (DTE)'s detailed insider trading history can be found in Insider Trading Tracker table. of 36,217. Wallmine is a radically better financial terminal. His children own half of the corporate entity that will own the new headquarters in Detroit. TCF Bank and Huntington Bank merged in June of 2021. Nonetheless, his net worth can vary significantly from the information given on this page. DTE Gas serves 1.3 million customers throughout the state. Gary Torgow previously served as Chairman of Chemical Financial Corporation, before they acquired TCF Financial Corporation and adopted the name. The corporate entity will be the general contractor for the project. [9], Torgow has served as chairman of the Detroit Economic Growth Corporation,[10] the Michigan Civil Rights Commission and First Place Bank. The Key Factors of an Excellent Credit Score. Sterling Group. He is a member of the State Bar of Michigan and a graduate of Wayne State University School of Law. Gary Torgow is Mr. Torgow is also the author of two books: . V.P. of 30,361 shares made by Scott D Kleinman Mr D is 63, he's been the Exec. Over the past 18 months, It also offer online banking and bill payment services, online cash management, safe deposit box rentals, debit card and ATM card services and the availability of a network of ATMs for their customers. Itis unrelated to the former Chemical Bank out of New York that existed from 1824 to 1996. GuruFocus tracks the stock performance after each of Gary Torgow's buying transactions within different timeframes. The bank has a dual headquarters in Columbus, Ohio and Detroit. There are 9 older and 18 younger executives at TCF. The oldest executive at TCF Financial Corporation is VanceOpperman, 77, who is the Lead Independent Director. The company has purchased several landmark properties throughout southeast Michigan. As thedeal with the Torgowchildren moved forward, Gary Torgow was completely absent from any aspect of it, Shafer said. TCF Financial Corp (TCF)'s detailed insider trading history can be found in Insider Trading Tracker table. Executive Vice President Robert A. Richard GuruFocus also compares Gary Torgow's trading performance to market benchmark return within the same time period. Before joining Talmer, Mr. Torgow founded and chaired the Sterling Group, a Michigan-based real estate, development, and investment company. Iona Fyfe net worth 778 Thousand Millions of dollars 78% Net worth score Disclamer: Iona Fyfe net worth displayed here are calculated based on a combination social factors. In 2016, Talmer Bank merged withChemical Bank andformedthe biggest bankheadquartered in Michigan. It also provides consumer loans; loans secured by personal property, as well as unsecured personal loans; commercial and industrial loans; commercial real estate loans; lease and equipment financing products; inventory financing products; and residential, consumer, and small business lending products. What is the salary of Mr D? . , As the Exec. Your Company Administrator is the only individual able to reset your password. Other key executives at TCF Financial Corp include He is a member of the Board of the Detroit Regional Partnership and the Community Foundation of Southeastern Michigan. It plans to rename itself in 2020. Gary Torgow currently owns a total of 4 Shafer, the Chemical Bank CEO, said he scoutedvariousexisting buildings and new projects acrossdowntown beforethe bank opted for an all-new headquarters. It offers savings on cards and stationary, books, health and beauty aids, food, toys, hardware. As the Exec. Other recent insider transactions involving DTE Energy Co (DTE) include Barbara McQuade, theformer U.S. attorney for the Eastern District of Michigan, is a member of Chemical Bank's board. Chairman of TCF, the total compensation of Mr D at TCF is $2,391,244. is the Exec. Gary is a graduate of Yeshiva University and Wayne State University School of Law and is a member in good standing of the Michigan Bar Association. It compete with commercial banks, credit unions, savings institutions, mortgage banking firms, consumer finance companies, securities brokerage firms, insurance companies, money market funds and other mutual funds, as well as super-regional, national and international financial institutions. Among his accolades are the NAACPs Fannie Lou Hamer Keeping the Spirit moving Award, and the Frank A. Wetsman Leadership Award from the Jewish Federation of Metropolitan Detroit. DTE Energy owns two regulated utilities in Michigan that contribute 90% of earnings. TCF Financial is a bank and financial services provider operating throughout the United States and Canada. Only the transactions in Open Market or Private Sale at the market prices are included. He is also the chairman of the executive board of Detroit Economic Growth Corporation and the Board of Directors of Detroit Equity, Inc. TCF executives and other stock owners filed with the SEC include: wallmine & ndash; . Gary Torgowalso offeredno comment for this article. Yoni Torgow is chairman of the Sterling Group, according to the firm's website. During the past 18 months, 522,857 shares of Huntington Bancshares Inc (HBAN) were sold and 103,429 shares were bought by its insiders, resulting in a net He serves as a trustee of the Community Foundation for Southeast Michigan, on the executive board of Business Leaders of Michigan, and as a member of the Beaumont Health Trustees. The chief executive said the Woodward Avenue location turned out to be perfect. The company plans to bring 300 to 350 workers to the new headquarters. , Chairman of TCF, the total compensation of Mr D at TCF is $2,391,244. The company operates in three segments: commercial banking, which provides industrial and commercial banking and leasing services; consumer banking, which provides personal loans and wealth management services through retail banks; and enterprise services, which includes the company's capital management and operational functions. Please contact your Company Administrator to reset your password if you continue having problems logging in. Mr. Torgow is well known throughout Michigan for his business and philanthropic activities. of 0 shares. They work towards this goal in two main areas: Education and Economic Well-Being. Huntington Bancshares Incorporated completed the acquisition of TCF Financial Corporation. 37 on The Jerusalem Post's Top 50 Most Influential Jews of 2022: Gary Torgow, chairman of the Mosaic United steering committee. The other 1 stocks He previously served as the executive chairman of TCF (known as Chemical Financial Corporation until August 2019) from September 2016 until the TCF merger in June 2021, and served as executive chairman of Talmer Bancorp Inc. until its merger with Chemical Financial Corporation in August 2019. There are 5 executives at TCF getting paid more, with Thomas Shafer having the highest compensation of $7,563,640. and He was appointed to the board of directors of TCF Financial Corporation upon completion of the merger between Chemical Financial Corporation and legacy TCF Financial Corporation on August 1, 2019. DTE Electric serves approximately 2.3 million customers in southeastern Michigan, including Detroit. He is a licensed attorney and member of the State Bar of Michigan. sale Disclamer: Gary Torgow net worth displayed here are calculated based on a combination social factors. has served as a volunteer on numerous civic and communal boards, including the Detroit Economic Growth Corporation and the Michigan Civil Rights Commission, both of which he served as Chairman. Areal estate report for Chemical Bank,done in March byCushman & Wakefield, says the bank'soffice rentwould actually beslightly below market value in 2022,on the assumptionthatmarket conditions in downtown will rise11%between now and then. Chairman of TCF since . Insider Trends: Insider at TCF Financial Sells Stock for Taxes Interrupting 90-Day Buy Trend, The Huntington National Bank (Columbus, Ohio), Jewish Federation of Metropolitan Detroit, The Community Foundation for Southeast Michigan.
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