Gerard M. Anderson
Net Worth
Last updated:
What is Gerard M. Anderson net worth?
The estimated net worth of Mr. Gerard M. Anderson is at least $160,554,259 as of 11 Aug 2021. He owns shares worth $80,626,471 as insider, has earned $34,987,788 from insider trading and has received compensation worth at least $44,940,000 in DTE Energy Company.
What is the salary of Gerard M. Anderson?
Mr. Gerard M. Anderson salary is $2,140,000 per year as Executive Chairman & Advisor to the Chief Executive Officer in DTE Energy Company.
How old is Gerard M. Anderson?
Mr. Gerard M. Anderson is 66 years old, born in 1959.
What stocks does Gerard M. Anderson currently own?
As insider, Mr. Gerard M. Anderson owns shares in one company:
Company | Title | Shares | Price per share | Total value |
---|---|---|---|---|
DTE Energy Company (DTE) | Executive Chairman & Advisor to the Chief Executive Officer | 580,715 | $138.84 | $80,626,471 |
What does DTE Energy Company do?
DTE Energy Company engages in the utility operations. The company's Electric segment generates, purchases, distributes, and sells electricity to approximately 2.3 million residential, commercial, and industrial customers in southeastern Michigan. It generates electricity through fossil-fuel, hydroelectric pumped storage, and nuclear plants, as well as wind and other renewable assets. This segment owns and operates approximately 698 distribution substations and 449,800 line transformers. The company's Gas segment purchases, stores, transports, distributes, and sells natural gas to approximately 1.3 million residential, commercial, and industrial customers throughout Michigan; and sells storage and transportation capacity. This segment has approximately 20,000 miles of distribution mains; 1,304,000 service pipelines; and 1,305,000 active meters, as well as owns approximately 2,000 miles of transmission pipelines. The company's Power and Industrial Projects segment offers metallurgical coke; pulverized coal and petroleum coke to the steel, pulp and paper, and other industries; and power, steam and chilled water production, and wastewater treatment services, as well as supplies compressed air to industrial customers. Its Energy Trading segment engages in power, natural gas, and environmental marketing and trading; structured transactions; and the optimization of contracted natural gas pipeline transportation and storage positions. The company was founded in 1903 and is headquartered in Detroit, Michigan.
Gerard M. Anderson insider trading
DTE Energy Company
Mr. Gerard M. Anderson has made 35 insider trades between 2004-2021, according to the Form 4 filled with the SEC. Most recently he sold 10,000 units of DTE stock worth $1,205,300 on 11 Aug 2021.
The largest trade he's ever made was exercising 50,000 units of DTE stock on 10 Mar 2004. As of 11 Aug 2021 he still owns at least 580,715 units of DTE stock.