TCF Financial Corporation was founded in 1923 and is headquartered in Detroit, Michigan. The oldest executive at TCF Financial Corporation is VanceOpperman, 77, who is the Lead Independent Director. Before joining Talmer, Mr. Torgow founded and chaired the Sterling Group, a Michigan-based real estate, development, and investment company. Gary Torgow - Chairman - Huntington National Bank | LinkedIn View Gary Torgow's profile on LinkedIn, the world's largest professional community. TCF executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. Read more on business and sign up for our business newsletter. is also a Trustee of the Skillman Foundation, a private philanthropy group that serves as a champion of Detroit children. Further, it provides treasury services comprising investment and borrowing portfolios, as well as manages capital, debt, and market risks; check cashing and remittance services; lines of credit, letters of credit, and capital market products; and credit and debit cards. Mr. Torgow is on the boards of the Detroit Regional Partnership and the Skillman Foundation. Gary Torgow: My maternal grandfather, Manuel Merzon, a"h, emigrated from Russia to the United States in 1918 as a sixteen-year-old orphan. Further, it provides treasury services comprising investment and borrowing portfolios, as well as manages capital, debt, and market risks; check cashing and remittance services; lines of credit, letters of credit, and capital market products; and credit and debit cards. Mr. Torgow previously was Chairman at Detroit Economic Growth Corp., Chairman of The Sterling Group, Inc., Chairman of Chemical Financial Corp., Chairman at Talmer Bancorp, Inc., Chairman at Talmer West Bank, Member-Executive Board at Business Leaders For Michigan and Director at Jewish Federation of Metropolitan Detroit. Founder of The Sterling Group, Inc., Gary H. Torgow is a businessperson who has been at the head of 7 different companies and is Executive Chairman at TCF Financial Corp. Mr. Torgow is also Chairman for Yeshiva Bais Yehudah and Member of State Bar of Michigan and on the board of 6 other companies. Its product line includes loans to small and medium-sized businesses, residential mortgage loans, commercial real estate loans, residential and commercial construction and development loans, consumer loans, home equity loans, agricultural loans, and a variety of commercial and consumer demand, savings and time deposit products. During his career, Gary Torgow has served on many civic and business boards. Torgow previously served as chairman of the board of directors of Chemical Financial Corporation from August 2016 to August 2019. Gary Torgow has had an impressive career in the business world. has served as a volunteer on numerous civic and communal boards, including the Detroit Economic Growth Corporation and the Michigan Civil Rights Commission, both of which he served as Chairman. Self-dealingiswhen an organization'sfiduciary uses the privileges ofhis or her position to advance their own self interest, ahead of the organization's. is the Exec. Their work includes strengthening K-12 public education, afterschool learning opportunities, and college and career pathways. Among his accolades are the NAACPs Fannie Lou Hamer Keeping the Spirit moving Award, and the Frank A. Wetsman Leadership Award from the Jewish Federation of Metropolitan Detroit. During the past 18 months, 0 shares of TCF Financial Corp (TCF) were sold and 0 shares were bought by its insiders, resulting in a net a net sale Please only use it for a guidance and Danny Tommo's actual income may vary a lot from the dollar amount shown above. According to the SEC Form 4 filings, Gary Torgow has made a total of DTE Energy Co (DTE)'s detailed insider trading history can be found in Insider Trading Tracker table. Type your email address below. Gary Barlow net worth. Generali's No.3 investor Caltagirone withholds backing for 2022 accounts -sources, Musk says Tesla likely to launch full self-drive technology 'this year', Exclusive: JPMorgan employees gripe about Dimon's return-to-office edict, SpaceX rocket explosion illustrates Elon Musk's 'successful failure' formula, Cucinelli posts 33% rise in Q1 sales, confirms 2023 revenue growth forecast, Exclusive-Peter Thiel, Republican megadonor, won't fund candidates in 2024 - sources, Virginia Governor Youngkin 'humbled' by talk of possible presidential run, European Midday Briefing: Mood Brighter After -2-, Tim Cook unveils new Apple store in India, Morgan Stanley's dealmaking CEO Gorman signals more transactions to come. Recent disclosures by Chemical Bank, apublicly traded company that was formerly based in Midland, show that Torgow's five children own 50% of thecorporate entity that will be thedeveloper and general contractor forthe bank'snew Detroit headquarters. Wanna follow Iona Fyfe's net worth? a net All rights reserved. Gary Torgow is the Chairman of the Board of Directors of The Huntington National Bank. The following year, he reportedly earned a staggering 19.8million. Disclamer: Michael Tibbetts net worth displayed here are calculated based on a combination social factors. The estimated net worth of Gary Torgow is at least $32 Million dollars as of 2023-05-01. Among these stocks, He is a member of the State Bar of Michigan and a graduate of Wayne State University School of Law. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. also The company has purchased several landmark properties throughout southeast Michigan. DTE Energy Co (DTE) Gary Torgow 37 on The Jerusalem Post's Top 50 Most Influential Jews of 2022: Gary Torgow, chairman of the Mosaic United steering committee. Gary Torgow atfirst tried to dissuade him from thatlocation for the new building. Other recent insider transactions involving DTE Energy Co (DTE) include The bank has a network of branches and ATMs across eight Midwestern states. Director, Housekeeping Operations . The project was recently approved for about $30 million in public development subsidies through long-term tax captures, includinga $16.7-million brownfield incentive that will specifically goto GPC Adams. Gary Torgow Its related entity owns the Grand Park Centre building and the Woodward Avenue property. Over the past 18 months, It has plans to build a new 20-story headquarters in downtown Detroit. He is also the chairman of the executive board of Detroit Economic Growth Corporation and the Board of Directors of Detroit Equity, Inc. What is the salary of Mr D? and He is the chair of the Detroit Regional Partnership and an executive board member of the Jewish Federation of Metropolitan Detroit. Even before the acquisition, TCF was the largest bank headquartered in Michigan. the Director of Huntington Bancshares Inc and owns about 911,250 shares of Huntington Bancshares Inc (HBAN) stock worth over $10 Million. However, these officials, including bank CEOShafer, claimed in interviews that they can't recall the group's name. After merging, the group now has dual headquarters in both Detroit, Michigan and Columbus, Ohio. In order to determine his total wealth, there are several different factors. Chairman at TCF. The Huntington National Bank is an Equal Housing Lender and Member FDIC. TCF Financial Corporation was founded in 1923 and is headquartered in Detroit, Michigan. During the past 18 months, 10,338 shares of DTE Energy Co (DTE) were sold and 0 shares were bought by its insiders, resulting in a net degree and a J.D. Your Company Administrator is the only individual able to reset your password. They work towards this goal in two main areas: Education and Economic Well-Being. Hes been a featured speaker at some of the nations most notable institutions and events. The most-recent trade in Talmer Bancorp Inc is the the CHAIRMAN of Talmer Bancorp Inc and owns about 748,690 shares of Talmer Bancorp Inc (TLMR) stock worth over $17 Million. Chemical Bank officials said the other 50% ofGPC Adams that isn't owned by the Torgow children belongs to a New York investment group. Senior Exec. 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. Chief Operating Officer Thomas C Shafer Chairman of TCF since . acquisition Nonetheless, his net worth can vary significantly from the information given on this page. Additionally, he serves as . Gary Torgow around $28,278. Those rentsalso willgrow each year. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. , Huntington,Huntington.Welcome. and Huntington Heads Up are federally registered service marks of Huntington Bancshares Incorporated. 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 This investment adviser does not provide advice to individual investors. He has served on the Detroit Crime Commission and the Levin Center of Wayne State Universitys Law School. V.P. The merger created a top 10 U.S. regional bank, with a market value of approximately $22 billion. 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 Howard Torgow J.D. Huntington Relationship Money Market Account, Huntington SmartInvest Money Market Account. Under the bank's22-year triple net lease, it will pay office rents to GPC Adams starting at $35 per square footand rising 2% each year. Torgow has a B.A. Elie Torgow has been working as a Chief Executive Officer at Sterling Group for 7 years. The company has recently acquired several landmark properties in southeast Michigan. Hes been a featured speaker at some of the nations most notable institutions and events. As of April 2023, Gary Barlow's net worth is estimated to be roughly $125 Million. purchase Torgow is on the boards of Blue Cross Blue Shield of Michigan,[4] DTE Energy,[5] Community Foundation of Southeastern Michigan,[6] Business Leaders for Michigan,[7] Jewish Federation of Metropolitan Detroit,[8] and the Detroit Regional Partnership. 2004-2023 GuruFocus.com, LLC. Talmer Bancorp Inc (TLMR)'s detailed insider trading history can be found in Insider Trading Tracker table. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. Huntington Bancshares is a regional bank holding company headquartered in Columbus, Ohio. One Net. On February 6, 2015, the Company closed on their acquisition of First of Huron Corp. and its subsidiary bank, Signature Bank. It also provides consumer loans; loans secured by personal property, as well as unsecured personal loans; commercial and industrial loans; commercial real estate loans; lease and equipment financing products; inventory financing products; and residential, consumer, and small business lending products. Executive Vice President Robert A. Richard Gary Torgow is married with five children. In the interim, it will operate under the Huntington brand. In summary, during the past 3 months, insiders sold 0 shares of Odd Job Stores Inc (ODDJ) in total and bought 0 shares, with a net of 0 shares. owns 104,777 shares of Chemical Financial Corp (TCF) as of June 13, 2019, with a value of $4 Million and a weighting of 12.41%. The estimated net worth of Gary Torgow is at least $32 Million dollars as of 2023-04-26. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Gary Torgow is also a Trustee of the Skillman Foundation, a private philanthropy group that serves as a champion of Detroit children. Founder of The Sterling Group, Inc., Gary H. Torgow is a businessperson who has been at the head of 7 different companies and is Executive Chairman at TCF Financial Corp. Mr. Torgow is also Chairman for Yeshiva Bais Yehudah and Member of State Bar of Michigan and on the board of 6 other companies. Gary Torgow around $248,316. The bank ultimately decided that it wanted thevisibility thatwould come with itsown building, he said. a net of 2,200 shares made by Lisa A. Muschong of 0 shares. 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. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. Competition among financial institutions is based on interest rates offered on deposit accounts, interest rates charged on loans, other credit and service charges relating to loans, the quality and scope of the services rendered, the convenience of banking facilities, and, in the case of loans to commercial borrowers, relative lending limits. Rev. Sterling Group is part of the Real Estate industry, and located in Michigan, United States. He also served as chairman of the board of directors of Talmer Bancorp, Inc. from December 2009 to July 2016. He also serves as chairman of Mosaic United, and as board president for Yeshiva Beth Yehudah school. Gary Torgow also serves on the board of DTE Energy and Blue Cross Blue Shield of Michigan. Gary Torgow is the CHAIRMAN of Talmer Bancorp Inc and owns about 748,690 shares of Talmer Bancorp Inc (TLMR) stock worth over $17 Million . More:What you should know about the banker behind Chemical-TCF merger, More:Chemical Bank to raze downtown Detroit building for new headquarters, More:Chemical Bank to merge with TCF Financial Corp., change name. His children own half of the corporate entity that will own the new headquarters in Detroit. Disclamer: Gary Torgow net worth displayed here are calculated based on a combination social factors. There are 9 older and 18 younger executives at TCF. of 47,560 shares made by Kenneth J Phelan According to the SEC Form 4 filings, Gary Torgow has made a total of Baby Smoove Net Worth How Much Is Baby Smoove Worth. Please enable JavaScript. 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. and He has also served on boards for the Jackson National Life Insurance Company of New York and the Community Foundation of Southeastern Michigan. Huntington Bancshares Incorporated completed the acquisition of TCF Financial Corporation. According to Gary Torgow, the deal is a win-win situation for both the corporation and the city of Detroit. 3.1 Million. His five children are currently building a new 20-story headquarters in downtown Detroit, charging top-of-market rents. The current estimated net worth of Huntington Bancshares Inc's Director, Gary Torgow, is estimated to be about $28.2M . is the Exec. 0 transactions in Talmer Bancorp Inc (TLMR) over the past 5 years. Chairman at TCF. There are 5 executives at TCF getting paid more, with Thomas Shafer having the highest compensation of $7,563,640. sale Talmer Bancorp Inc (TLMR) Odd Job Stores, Inc sells value-oriented consumer products at a broad range of price points offered at a substantial discount to the original retail price. Talmer Bank and Trust is a Michigan state-chartered bank that opened in August 2007 in Troy, Michigan. Gurus may be added or dropped from the GuruFocus site at any time. Odd Job Stores Inc (ODDJ)'s detailed insider trading history can be found in Insider Trading Tracker table. What you should know about the banker behind Chemical-TCF merger, Chemical Bank to raze downtown Detroit building for new headquarters, Chemical Bank to merge with TCF Financial Corp., change name, Your California Privacy Rights / Privacy Policy. It is illegal for insiders to make trades in their companies based on specific, non-public information. Mr. Torgow serves on the board of DTE Energy Company and serves as a director of Blue Cross Blue Shield of Michigan. Gene Bicknell Net Worth How Much Is Gene Bicknell Worth? Each director getsannual compensation of$50,000 cash and nearly $81,000 in stock, plus payments ranging from $7,500to $25,000 for service on board committees. The most active insiders traders include David T Provost, Gary Torgow, and Craig R Dahl . He was the first lawyer to wear a yarmulke in the courts in the '40s. The retail space will start at $50 per square footand each of the311 parking spots will go for $300 per month. cost Phone Email. owns 748,690 shares of Talmer Bancorp Inc (TLMR) as of February 9, 2016, with a value of $17 Million and a weighting of 55.03%. DTE Energy Co (DTE) Gary Torgow is the director of Huntington Bancshares Inc. of 74,550 shares made by Zachary Jacob Wasserman Other key executives at DTE Energy Co include Chief Operating Officer Thomas C Shafer The bank has a dual headquarters in Columbus, Ohio and Detroit. of "We approved it because we thought it was a transaction that was beneficial to the bank," McQuade said. Areal estate report for Chemical Bank,done in March byCushman & Wakefield, says the bank'soffice rentwould actually beslightly below market value in 2022,on the assumptionthatmarket conditions in downtown will rise11%between now and then. Torgow is on the boards of DTE Energy and Blue Cross Blue Shield of Michigan. . But his real avocation was helping people. Gary Howard Torgow J.D. Gary Torgow previously served as Chairman of Chemical Financial Corporation, before they acquired TCF Financial Corporation and adopted the name. Barbara McQuade, theformer U.S. attorney for the Eastern District of Michigan, is a member of Chemical Bank's board. He is also a member of the Board of Trustees of Beaumont Health Trustees. Gary Howard Torgow J.D. Gary has 1 job listed on their profile. Mr. Mr. Torgow holds a bachelors degree in history from Yeshiva University and a law degree from Wayne State University. How to Run Your Warehouse More Efficiently, Every Amazing Host Knows These Secrets to Impressing Guests. 2023 Huntington Bancshares Incorporated. sale Other transactions such as conversion of derivative security or exercise of options are not included. The Company also engages in mortgage banking activities and, as such, acquires, sells, and services one-to-four family residential mortgage loans and construction loans. In addition, DTE has nonutility businesses and investments including energy marketing and trading, renewable natural gas facilities, and on-site industrial energy projects. SEVP of Significant Subsidiary Michael Scott Jones Gary Howard Torgow J.D. Sterling Group was founded by Gary Torgow, initially to develop under-utilized and/or under-performing residential a. Chemical Bank officials have said that TCF Financialprefers to have long-term leases rather than owning buildings. "Earlyin the process, I disclosed that I hada conversation with a developer on this property," Shafer recalled in a phone interview. Chemical Bank previously merged with Talmer Bank, where Mr. Torgow served as Founder and Chairman. Provost is the CEO of Chemical Bank's holding company. Aikens Group. a net "This is not a negative story. They work towards this goal in two main areas: Education and Economic Well-Being. podcast episodes, Brokers, Bagmen, & Moles podcast episodes, Connections with BCD Travel podcast episodes, Cyber Security & Cloud Podcast podcast episodes, Coinbase Institutional Market Call podcast episodes, South Side Rules: A Shameless Podcast podcast episodes. GuruFocus tracks the stock performance after each of Gary Torgow's buying transactions within different timeframes. have a combined weighting of 0.91% among all his current holdings. 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. Phone Email. Mr D is 63, he's been the Exec. Additionally, he serves as the Trustee on the board of the Jewish Federation of Metropolitan Detroit and is a member of the board of the Detroit Regional Partnership. He is also a trustee of the Community Foundation of Southeast Michigan. 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. Based on ownership reports from SEC filings, as the reporting owner, Gary Torgow owns 5 companies in total, including a net In a phoneinterview Wednesday, McQuade said the development/landlord arrangement involving Torgow's children is agood deal at a fair price for what will be a marquee building forthe bank,and shedoes not believethat it constitutes any self-dealing on the part of GaryTorgow. sale The majority of branches are concentrated in the U.S. Midwest, Colorado, Arizona, and South Dakota. Fundamental company data provided by Morningstar, updated daily. The company face competition in from many other financial institutions. 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. It plans to rename itself in 2020. He has received many awards, including the NAACP's Fannie Lou Hamer "Keeping the Spirit Moving" Award. Wanna follow Danny Tommo's net worth? . When the merger with Talmer Bancorp was finalized, it was named TCF Bank. He has received many awards, including the NAACPs Fannie Lou Hamer Keeping the Spirit Moving Award. Gary Torgow is Chairman at The Huntington National Bank, a two-time author, and an active community leader in Detroit, Michigan. Insider Trends: Insider at TCF Financial Sells Stock for Taxes Interrupting 90-Day Buy Trend, The Huntington National Bank (Columbus, Ohio), Jewish Federation of Metropolitan Detroit, The Community Foundation for Southeast Michigan. Industry. Gary Torgow is 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. 2 insider transaction in Huntington Bancshares Inc (HBAN) with a net Wallmine is a radically better financial terminal. Brantley J Standridge 2023 www.freep.com. Gary Torgow is married with five children. He is a licensed attorney and member of the State Bar of Michigan. Please only use it for a guidance and Iona Fyfe's actual income may vary a lot from the dollar amount shown above. He is a member of the Board of the Detroit Regional Partnership and the Community Foundation of Southeastern Michigan. Net Worth . Celebrities more often then not want to keep their love affairs secret, if you happen to know the name of Gary Torgow's partner, please leave a comment in the section below. As a member of the board, he has a primary source of income. As a result of this merger, it will create the 10th largest regional bank in the U.S. of 0 shares. [9], Torgow has served as chairman of the Detroit Economic Growth Corporation,[10] the Michigan Civil Rights Commission and First Place Bank. Gary Torgow wasn'tpresent during any board votes ormeetings that involved the GPC Adams deal,bank officials said. Gary Barlow has written 13 No 1 singles KEVIN MAZUR/GETTY IMAGES Net worth: 90m no change on 2021Source of wealth: MusicRank on the Music Millionaires list: 39= 2 on 2021 Barlow last year. The singer has reportedly earned an impressive wealth of 105million. Sterling Group. Cushman & Wakefield's report used acomparison sample of properties that included the new Google offices at Little Caesars Arena, where the tech giant signed a 10-year lease in October for the equivalent of $36 per square foot, albeit with a below-market deal on parking at only $125 per month per space. 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? Chemical Bank will then rename itself TCF Bank. There are 5 executives at TCF getting paid more, with ThomasShafer having the highest compensation of $7,563,640. He was appointed to the board of directors of TCF Financial Corporation upon completion of the merger between Chemical Financial Corporation and legacy TCF Financial Corporation on August 1, 2019. , Once the TCF merger is done, Gary Torgow plans to stay on as executive chairman of the post-merger bank's board of directors. This page provides a comprehensive analysis of the known insider trading history of Gary Torgow. , a Michigan-based real estate, development and investment company, which has acquired, developed and operated several important landmark properties in southeastern Michigan. Torgowdid notreturn a message forthatinformation. Chairman of TCF since . sale DTE Energy Co (DTE) He founded the Sterling Group, a real estate development and investment firm in Detroit. "As Gary had nothing to do with (the) transaction he has nothing to say about it," Wennerberg said in an email. Gary Torgow is a talented businessman, author, and community leader. He was appointed to the board of directors of TCF Financial Corporation upon completion of the merger between Chemical Financial Corporation and legacy TCF Financial Corporation on August 1, 2019. Please note GuruFocus will not track the insiders transaction performance if he/she does not have buying transactions. Above is the net worth, insider trading, and ownership report for Gary Torgow. According to internet, Gary Torgow's height is 1.75m. Normally the ad cost for an Instagram ad post is based on the number of followers on the account. Chairman at TCF. Stock quotes provided by InterActive Data. of 0 shares. Gary Torgow, chairman of Chemical Bank, the largest bank headquartered in Michigan, made his namein the metro Detroitreal estate business beforepivoting tobanking a decade ago. He was born on November 2, 1962, in Los Angeles, California. 1,800 shares on February 9, 2016, which Chemical Bank previously merged with Talmer Bank, where Mr. Torgow served as Founder and Chairman. sale Whitmer Designates Emergency Interim Successors", https://en.wikipedia.org/w/index.php?title=Gary_Torgow&oldid=1064943965, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 11 January 2022, at 00:43. Gary Torgow, chairman of Chemical Bank, the largest bank headquartered in Michigan, made his name in the metro Detroit real estate business before pivoting to banking a decade ago.

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