Gary Torgow has had an impressive career in the business world. Gary Torgow is married with five children. Dominick Montiglio (born July 17, 1947) is an American former associate of the Gambino crime family. 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. of 2,900 shares made by Robert A. Richard The company has recently acquired several landmark properties in southeast Michigan. Gary Howard Torgow J.D. This is a very important position since the Commission is responsible for promoting the rights and well-being of all Michigan residents. 2023 Huntington Bancshares Incorporated. What is Gary Torgow's Net Worth? He made money during the Great Recession by. You might contact Gary Torgow via mailing address: 235 East Main Street, Midland Mi 48640. sale sale Gary Torgow is also a Trustee of the Skillman Foundation, a private philanthropy group that serves as a champion of Detroit children. . Gary Torgow around $395,819. He has been a board member of Henry Ford Hospital, Jackson National Life Insurance Company of New York and many other prominent organizations. Gene Bicknell Net Worth How Much Is Gene Bicknell Worth? He is also the Founder of the Sterling Group, a Michigan-based real estate and development, investment and management company, which has acquired, developed and operated a number of important landmark properties in. The development entitya limited liability company calledGPC Adamsalso will own the new $104-million buildingand become Chemical Bank'slandlord beginning infall 2022, when the headquarters is expected toopen. Gary Torgow currently owns a total of 4 Their work includes strengthening K-12 public education, afterschool learning opportunities, and college and career pathways. and 16,835 shares on October 25, 2022, which Of the 20 floors in thefuture building, 10 will be for parking, nine for office space and the ground floor will be retail. In addition, the company offers investment management and custodial, trust, and financial and estate planning services; retirement planning and employee benefit programs; and cash management, international trade finance, foreign exchange management, and loan syndication services, as well as sells investment products, such as annuity products and mutual funds. 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. 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. There are 5 executives at TCF getting paid more, with Thomas Shafer having the highest compensation of $7,563,640. After leaving his Sterling Group real estate firm, Gary Torgow and Provost went on to buy numerousdistressed banks in the early 2010s andbuildwhat became Talmer Bank,a $7-billion operation that haddozens of branch offices in Midwest states. 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. The bank has a network of branches and ATMs across eight Midwestern states. 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. Sterling Group. 2023 www.freep.com. No. 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. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Mr. Torgow was named Chairman of the Board of Directors of Huntington Bank in June 2021. , Chief Operating Officer Thomas C Shafer Huntington Bancshares is a regional bank holding company headquartered in Columbus, Ohio. Net Worth . Gary is also the founder of the Sterling Group, a Michigan-based real estate, development and investment company, which has acquired, developed and operated several important landmark properties in southeastern Michigan. Other key executives at Huntington Bancshares Inc include The new building will cost $104 million. Please only use it for a guidance and Iona Fyfe's actual income may vary a lot from the dollar amount shown above. Gary Torgow has had an impressive career in the business world. GuruFocus tracks the stock performance after each of Gary Torgow's buying transactions within different timeframes. 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. sale 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. As of April 2023, Gary Barlow's net worth is estimated to be roughly $125 Million. Once the TCF merger is done, Gary Torgow plans to stay on as executive chairman of the post-merger bank's board of directors. Language links are at the top of the page across from the title. , He is a licensed attorney and member of the State Bar of Michigan. There are 9 older and 18 younger executives at TCF. Brantley J Standridge [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]. He is a member of the Michigan . Chemical Bank has been the largest bank in the state of Michigan. Gary Torgow: Many of us in society don't experience the fear in humiliation of getting stopped by law enforcement simply because of the color of our skin. The Huntington National Bank is an Equal Housing Lender and Member FDIC. DTE Energy Co (DTE) Amanda Runner. of 3,438 shares made by Joann Chavez is the Exec. Other key executives at TCF Financial Corp include Please let us know if you think data we have about Gary Torgow's height is not correct. of 2,200 shares made by Lisa A. Muschong degree and a J.D. He is a member of the Executive Board of Business Leaders of Michigan, the Detroit Regional Partnership and the Detroit Economic Growth Corporation. In a triple net lease, tenants are responsible forproperty tax, building insurance and common area maintenance. . Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens. As a member of the board, he has a primary source of income. Chairman of TCF, the total compensation of Mr D at TCF is $2,391,244. Gary Torgow owns about. EVP & National Banking William S. Henak Insiders are limited to only officers and/or directors of the company. Past performance is a poor indicator of future performance. acquisition Based on ownership reports from SEC filings, as the reporting owner, Gary Torgow owns 5 companies in total, including The current estimated net worth of Huntington Bancshares Inc's Director, Gary Torgow, is estimated to be about $28.2M . The corporate entity will be the general contractor for the project. As the Exec. Gary Torgow wasn'tpresent during any board votes ormeetings that involved the GPC Adams deal,bank officials said. Republican Party (United States) net worth, United States House of Representatives net worth, United States Department of the Treasury net worth, Royal National Lifeboat Institution net worth, Royal Society for the Protection of Birds net worth, New York City Department of Buildings net worth, National Grid Corporation of the Philippines net worth, CORRUPTION: What happened to Grant Solomon? Even before the acquisition, TCF was the largest bank headquartered in Michigan. Before joining Talmer, Mr. Torgow founded and chaired the Sterling Group, a Michigan-based real estate, development, and investment company. Gary Howard Torgow J.D. 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 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. Gary Torgow is a talented businessman, author, and community leader. As thedeal with the Torgowchildren moved forward, Gary Torgow was completely absent from any aspect of it, Shafer said. This investment adviser does not provide advice to individual investors. In summary, during the past 3 months, insiders sold 0 shares of Huntington Bancshares Inc (HBAN) in total and bought 20,000 shares, with a net of sale 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. DTE Energy Co (DTE)'s detailed insider trading history can be found in Insider Trading Tracker table. Gary Torgow also serves on the board of DTE Energy and Blue Cross Blue Shield of Michigan. 0 transactions in Talmer Bancorp Inc (TLMR) over the past 5 years. The singer has reportedly earned an impressive wealth of 105million. of 30,361 shares made by Scott D Kleinman Moreover, he serves on the boards of the Community Foundation of Southeastern Michigan 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. SEVP of Significant Subsidiary Thomas C Shafer Gary Torgow Net Worth - How Much Is Gary Torgow Worth? 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. Torgow previously served as chairman of the board of directors of Chemical Financial Corporation from August 2016 to August 2019. a net Stock quotes provided by InterActive Data. acquisition 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. Beal dropped out of both Michigan State and Baylor universities. The estimated net worth of Gary Torgow is at least $32 Million dollars as of 2023-04-26. The company plans to bring 300 to 350 workers to the new headquarters. 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. According to the SEC Form 4 filings, Gary Torgow has made a total of He is a member of the Michigan Civil Rights Commission, the Detroit Economic Growth Corporation, the Jewish Federation of Metropolitan Detroit and Beaumont Health Trustees. , Huntington,Huntington.Welcome. and Huntington Heads Up are federally registered service marks of Huntington Bancshares Incorporated. "We are getting our own building with our name on it in a really premier location.". among others Gary Torgow: My maternal grandfather, Manuel Merzon, a"h, emigrated from Russia to the United States in 1918 as a sixteen-year-old orphan. Gary Torgow has been awarded numerous awards, including the Fannie Lou Hamer Keeping the Spirit Moving Award. Gary Torgow also serves on the board of DTE Energy and Blue Cross Blue Shield of Michigan. , Their work includes strengthening K-12 public education, afterschool learning opportunities, and college and career pathways. During the past 18 months, 0 shares of Odd Job Stores Inc (ODDJ) were sold and 0 shares were bought by its insiders, resulting in a net 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. TCF Bank and Huntington Bank merged in June of 2021. To be detailed, the average return of stocks after 3 months bought by Gary Torgow is 10.21%. Among these stocks, 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. He is also a trustee of the Community Foundation of Southeast Michigan. . TCF Financial is a bank and financial services provider operating throughout the United States and Canada. Chemical Bank says it plans to bring 300 to 350 workers to thenew headquarters, with that number rising over time to 500 workers.. In addition, he is a trusted advisor in many communities. It has 87 branch offices. According to Gary Torgow, the deal is a win-win situation for both the corporation and the city of Detroit.

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