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As of 10 May 2021, James J. Cannon’s estimated net worth is at least $24.3 Million. More than 176,139 units of Lydall stock, valued at over $9,937,380, are owned by Mr. Cannon. Over the past eight years, he has sold LDL stock, valued at more than $14,236,481 in total. As an Independent Director of Lydall, he also earns $142,008 annually.
The Form 4 filed with the SEC indicates that James has traded Lydall shares more than 13 times since 2014. On 10 May 2021, he most recently sold 176,139 shares of LDL stock for $10,418,622. Selling 176,139 shares of Lydall stock for more than $10,418,622 on May 10, 2021, was the highest transaction he had ever done.
Every 52 days since 2014, James has traded 4,773 units on average. At least 160,048 shares of Lydall stock are still in his possession as of May 10, 2021. James Cannon receives a total of $142,008 in pay from Lydall as the Independent Director. Sara Greenstein receives the highest salary of $4,174,580 among the 11 Lydall executives who earn more.
About James J. Cannon
James J. Cannon represents the Company as an Independent Director. Since June 2017, Mr. Cannon has served FLIR Systems, Inc. (“FLIR”) in the capacities of president, chief executive officer, and director. A leading manufacturer of sensor systems, FLIR’s products are used for advanced threat detection, environmental and condition monitoring, outdoor leisure, security and surveillance, and machine vision.
From 2001 until 2017, Mr. Cannon worked at Stanley Black & Decker, Inc. (“Stanley”), most recently in the position of President, of Stanley Security, North America & Emerging Markets, from October 2014 to June 2017.
From August 2012 to October 2014, Mr. Cannon served in the positions of president of Stanley Oil & Gas, president of Stanley Industrial & Automotive Repair for Europe and Latin America, and president of Stanley Industrial & Automotive Repair for North America. From February 2009 to July 2011, he served in the position of president of Stanley Oil & Gas for North America. Worldwide provider of designed fastening systems, commercial security, and tools and storage, Stanley. From 1989 until 1999, Mr. Cannon served in the US Army as an infantryman and an armor officer.
An accountant named Beth Gardner was wed to James Cannon. It is unknown how they met or what their intentions are for getting married. But they broke up as a couple when his son was a little child. They never sought reconciliation. After their divorce, she left for North Carolina, leaving their kid to live with him alone.
He and his grandpa, whom they both refer to as “Dad,” raised his grandchild. All of his duties and obligations were taken on by him and his father. The time spent with his son’s mother and father had to be split between the two. Despite the broken relationship between his parents, he maintained close touch with his mother when they lived in North Carolina and California, respectively.
He acquired a considerable fortune through his work as a television personality, rapper, singer, comedian, and producer. His future net worth will increase due to the fact that he is thriving in his career. He has five bedrooms, a yard, a lawn, and a view of a mountain in his two-story house with his kids in Los Angeles, California. Along with other luxury vehicles, he also drives Lamborghini, Maserati Quattroportes, Rolls-Royces, and Ferrari 599s. It is obvious that the family is also living a regal lifestyle.
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