At the time of his retirement in April 2008, Ernest F. Schaub held approximately 138,127 shares of EnPro Industries, representing about 1.4% of the company’s total shares. This was a notable increase from the lower number of shares he owned...

At the time of his retirement in April 2008, Ernest F. Schaub held approximately 138,127 shares of EnPro Industries, representing about 1.4% of the company’s total shares. This was a notable increase from the lower number of shares he owned when he joined the company. After stepping down, his holdings indicated substantial confidence in the company's future performance, with shares valued around $5.00 each at that time. His wealth was strongly tied to these holdings, reflecting a focus on stock value and management performance. Schaub's early accumulation of shares set a foundation for an impactful financial relationship with EnPro, consistent with his role in leading the company toward financial stability. His history demonstrates a pattern where executive commitments extend beyond salary, with a clear incentive tied to the company's success.