During his time as CEO, Andrew R. Lane's stock holdings experienced significant fluctuations. At one point in 2021, his holdings were valued as high as $12.91 million, marking a peak in his financial interests tied to MRC Global. Overall, in...
During his time as CEO, Andrew R. Lane's stock holdings experienced significant fluctuations. At one point in 2021, his holdings were valued as high as $12.91 million, marking a peak in his financial interests tied to MRC Global. Overall, in the first quarter of 2021, he saw his stock value hover between $10 million and $15 million. However, as he retired in March 2021, he transitioned to cash, which accounted for a drastic change in his net worth tied directly to his stock holdings. His wealth peaked in 2021, showing his connection to the company's performance. Over the years, his commitment to MRC Global allowed him to accumulate substantial shares during periods of growth, reflecting his deep ties to the company’s success.