| CEO Name | Marc Bitzer |
| Nationality | Germany |
| Net Worth Estimation | $80 million |
Marc Bitzer's estimated net worth of around $80 million is primarily derived from his long tenure and executive compensation at Whirlpool Corporation, including salary, stock awards, and performance-based incentives. His financial portfolio is further bolstered by significant holdings of Whirlpool stock and regular exercise of company stock options.
Marc Bitzer, CEO of Whirlpool Corporation, has an estimated net worth of $80,000,000, which represents approximately 89% of the $90,000,000 maximum estimated net worth among manufacturing CEOs. His net worth also significantly exceeds the minimum estimation of $0 for CEOs in this business category.
Business Category: Manufacturing
Minimum Net Worth (estimation): 0 USD
Maximum Net Worth (estimation): 90000000 USD
Marc Bitzer Performance in Whirlpool Corporation
Marc Bitzer, CEO of Whirlpool Corporation, demonstrates decisive leadership by driving strategic innovation and operational efficiency. His data-driven decision-making has enhanced product development and global market expansion. Under his performance, Whirlpool has strengthened profitability and brand reputation, significantly boosting shareholder value.
Latest News
Whirlpool Corporation Invests $300 Million in U.S. Manufacturing Under CEO Marc Bitzer
Whirlpool Corporation, led by CEO Marc Bitzer since 2017, announced a $300 million investment in its Ohio laundry manufacturing facilities, aiming to create 400 to 600 jobs and increase production of next-generation washers and dryers. Bitzer emphasized the company's strong commitment to U.S. manufacturing and credited tariffs for leveling the playing field against foreign competition to support this expansion.
Source: http://www.prnewswire.com/news-releases/whirlpool-corporation-announces-300-million-investment-in-us-laundry-operations-creating-400-600-new-jobs-302584453.html