| CEO Name | Richard L. Soloway |
| Nationality | United States |
| Net Worth Estimation | $20 million |
Richard L. Soloway's estimated net worth of approximately $20 million USD is primarily derived from his long-term equity holdings, executive compensation, and stock options as CEO and major shareholder of Napco Security Technologies, Inc. This valuation reflects both the company's sustained growth in the security technology sector and Soloway's multi-decade leadership role.
Richard L. Soloway's estimated net worth of $20,000,000 places him at approximately 2.41% of the maximum and 1,900% of the minimum CEO net worth in the security industry. His net worth is well above the minimum threshold, indicating strong financial standing compared to many peers.
Business Category: Security
Minimum Net Worth (estimation): 1000000 USD
Maximum Net Worth (estimation): 800000000 USD
Richard L. Soloway Performance in Napco Security Technologies, Inc.
Richard L. Soloway, CEO of Napco Security Technologies, Inc., demonstrates decisive leadership that drives innovation and operational efficiency in security solutions. His strategic decision-making focuses on expanding product development and market presence, resulting in improved financial performance and shareholder value. Under Soloway's leadership, Napco Security has strengthened its competitive position and experienced consistent revenue growth.
Latest News
Napco Security Technologies and CEO Richard Soloway Drive Innovation and Growth
Napco Security Technologies, led by CEO Richard Soloway, reported strong Q1 2026 financial results with 12% revenue growth and a 90%+ gross margin, driven by innovations like the StarLink Fire Radios platform and new cloud-based products. Soloway, recognized as a 2025 Security Innovator, emphasizes expanding recurring revenue and school security solutions while maintaining a debt-free balance sheet and issuing consistent dividends. The company's resilient business model and strategic investments in integrated locking and access control technologies position it for continued growth amid evolving market conditions[11].
Source: http://napcosecurity.com/news/