Nick Lane Biography and Net Worth
Insider of Equitable
Nick Lane is President of Equitable, leading the company's Retirement, Wealth Management and Protection Solution businesses and its Marketing and Digital functions. He is a member of the Equitable Holdings (NYSE: EQH) Management Committee.
Mr. Lane has held many leadership roles in his nearly 15-year career with the company. Most recently, he served as CEO and President of AXA Japan1, where he was responsible for a $5.4 billion annual revenue business and led a team of 9,000 employees and distributors.
Prior to this, he was Senior Executive Director at Equitable with responsibility across the firm's commercial divisions. Among his key accomplishments are enhancing the business through product diversification and expanding the firm's distribution channels through alliances with property and casualty carriers. He also launched fee-based versions of the company's flagship variable annuity products to meet evolving financial advisor and customer needs.
Mr. Lane also ran global strategy for AXA Group, where he led development and oversight of the company's five-year strategic plan and M&A portfolio screenings across 60 countries. In addition, he oversaw AXA Group's asset management business.
Earlier in his career, Mr. Lane was a leader in the sales and marketing practice of the global management consulting firm McKinsey & Company.
Mr. Lane currently serves on the Board of Directors for AllianceBernstein and has previously served on the boards of AXA Investment Managers, AXA Private Equity and AXA Real Estate Management. He has held leadership roles with key professional organizations, including Chairman of the Insured Retirement Institute (IRI) and Director at the Life Insurance Marketing and Research Association (LIMRA).
Before joining the private sector, Mr. Lane served in the United States Marine Corps, earning the rank of Captain. He received an MBA from Harvard Business School and a Bachelor of Arts from Princeton University.
What is Nick Lane's net worth?
The estimated net worth of Nick Lane is at least $3.01 million as of August 15th, 2022. Mr. Lane owns 96,394 shares of Equitable stock worth more than $3,010,385 as of January 29th. This net worth estimate does not reflect any other assets that Mr. Lane may own. Learn More about Nick Lane's net worth.
How do I contact Nick Lane?
The corporate mailing address for Mr. Lane and other Equitable executives is 1290 AVENUE OF THE AMERICAS, NEW YORK NY, 10104. Equitable can also be reached via phone at (212) 554-1234 and via email at [email protected] Learn More on Nick Lane's contact information.
Has Nick Lane been buying or selling shares of Equitable?
Nick Lane has not been actively trading shares of Equitable during the past quarter. Most recently, Nick Lane sold 25,724 shares of the business's stock in a transaction on Monday, August 15th. The shares were sold at an average price of $30.89, for a transaction totalling $794,614.36. Following the completion of the sale, the insider now directly owns 96,394 shares of the company's stock, valued at $2,977,610.66. Learn More on Nick Lane's trading history.
Who are Equitable's active insiders?
Equitable's insider roster includes William Eckert, IV (CAO), Dave Hattem (EVP), Jeffrey Hurd (COO), Nick Lane (Insider), Anders Malmstrom (CFO), Kristi Matus (Director), Mark Pearson (CEO), Bertram Scott (Director), and Charles Stonehill (Director). Learn More on Equitable's active insiders.
Are insiders buying or selling shares of Equitable?
During the last year, insiders at the sold shares 17 times. They sold a total of 445,921 shares worth more than $13,644,653.84. The most recent insider tranaction occured on November, 15th when CEO Mark Pearson sold 30,000 shares worth more than $905,700.00. Insiders at Equitable own 1.0% of the company. Learn More about insider trades at Equitable.
Nick Lane Insider Trading History at Equitable
8/15/2022 Sell 25,724 $30.89 $794,614.36 96,394
8/11/2022 Sell 51,448 $30.00 $1,543,440.00 101,394
4/18/2022 Sell 25,724 $30.52 $785,096.48 116,007
3/24/2022 Sell 25,725 $31.52 $810,852.00
3/6/2020 Buy 4,100 $15.38 $63,058.00
Nick Lane Buying and Selling Activity at Equitable
This chart shows Nick Lane's buying and selling at Equitable by year and by quarter.
Equitable Company Overview
Equitable Holdings, Inc., together with its consolidated subsidiaries, operates as a diversified financial services company worldwide. The company operates through four segments: Individual Retirement, Group Retirement, Investment Management and Research, and Protection Solutions. The Individual Retirement segment offers a suite of variable annuity products primarily to affluent and high net worth individuals. The Group Retirement segment provides tax-deferred investment and retirement services or products to plans sponsored by educational entities, municipalities, and not-for-profit entities, as well as small and medium-sized businesses. The Investment Management and Research segment offers diversified investment management, research, and related solutions to various clients through institutional, retail, and private wealth management channels; and distributes its institutional research products and solutions. The Protection Solutions segment provides various variable universal life, indexed universal life, and term life products to help affluent and high net worth individuals, as well as small and medium-sized business owners; and a suite of life, short- and long-term disability, dental, and vision insurance products to small and medium-size businesses. The company was formerly known as AXA Equitable Holdings, Inc. and changed its name to Equitable Holdings, Inc. in January 2020. Equitable Holdings, Inc. was founded in 1859 and is based in New York, New York.
1,497,100 shs