David B. Rayburn held a notable stake in Modine at the peak of his career. In 2007, he owned 372,321 shares, representing about 1.15% of the company's total stock. This ownership illustrates his commitment not just to the company but...
David B. Rayburn held a notable stake in Modine at the peak of his career. In 2007, he owned 372,321 shares, representing about 1.15% of the company's total stock. This ownership illustrates his commitment not just to the company but also reflects his personal investment in its success. Over time, his direct stock ownership varied, aligning with the company's performance and his role within it. As CEO, his significant stock options provided a considerable part of his compensation package, ensuring he had a vested interest in the company's long-term growth. His wealth was notably tied to Modine until his departure, after which his holdings were expected to transition as the new leadership took over.