The estimated Net Worth of Robert John Adams is at least $3.65 Milion dollars as of 19 February 2020. Mr. Adams owns over 5,419 units of Allete stock worth over $327,548 and over the last 16 years he sold ALE stock worth over $1,674,450. In addition, he makes $1,644,460 as Chief Financial Officer a Senior Vice President at Allete.
Robert has made over 9 trades of the Allete stock since 2011, according to the Form 4 filled with the SEC. Most recently he sold 5,419 units of ALE stock worth $432,328 on 19 February 2020.
The largest trade he's ever made was selling 9,790 units of Allete stock on 7 August 2013 worth over $505,066. On average, Robert trades about 927 units every 93 days since 2009. As of 19 February 2020 he still owns at least 5,138 units of Allete stock.
You can see the complete history of Mr. Adams stock trades at the bottom of the page.
Robert John Adams serves as Chief Financial Officer, Senior Vice President of the Company. He was Senior Vice President – Energy-Centric Businesses, Chief Risk Officer of Allete, Inc. Adams joined the Duluth-based company in 1987 as a financial analyst. He was involved in several successful startups, including Enventis Telecommunications and Split Rock Energy. He also led Reach-All Manufacturing for a period in the early 1990s. He was named chief risk officer and vice president of business development in 2008, promoted to vice president of energy-centric businesses in 2014 and added the title of senior vice president of energy-centric businesses in 2015. The role of CFO is familiar to Adams, having served in that capacity in the past for Minnesota Power and Split Rock Energy.
As the Chief Financial Officer a Senior Vice President of Allete, the total compensation of Robert Adams at Allete is $1,644,460. There are 1 executives at Allete getting paid more, with Alan Hodnik having the highest compensation of $4,706,010.
Robert Adams is 57, he's been the Chief Financial Officer a Senior Vice President of Allete since 2017. There are 12 older and 8 younger executives at Allete. The oldest executive at Allete, Inc. is Kathryn Dindo, 70, who is the Independent Director.
Robert's mailing address filed with the SEC is 30, West Superior Street, Duluth, Saint Louis County, Minnesota, 55802, United States.
Over the last 22 years, insiders at Allete have traded over $8,451,455 worth of Allete stock and bought 7,374 units worth $240,357 . The most active insiders traders include James P Hallett, Sidney W Jr Emery a Robert P Powers. On average, Allete executives and independent directors trade stock every 45 days with the average trade being worth of $242,633. The most recent stock trade was executed by Heidi E Jimmerson on 19 August 2021, trading 3,253 units of ALE stock currently worth $226,084.
ALLETE, Inc. engages in the provision of electric and natural gas utility services.
Allete executives and other stock owners filed with the SEC include: