Alan Hodnik Net Worth

The estimated Net Worth of Alan R Hodnik is at least $12 Million dollars as of 16 March 2020. Mr. Hodnik owns over 6,000 units of Allete stock worth over $3,370,335 and over the last 16 years he sold ALE stock worth over $3,961,900. In addition, he makes $4,706,010 as Executive Chairman of the Board at Allete.

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Mr. Hodnik ALE stock SEC Form 4 insiders trading

Alan has made over 14 trades of the Allete stock since 2009, according to the Form 4 filled with the SEC. Most recently he sold 6,000 units of ALE stock worth $348,000 on 16 March 2020.

The largest trade he's ever made was exercising 11,829 units of Allete stock on 21 February 2013 worth over $475,289. On average, Alan trades about 1,591 units every 96 days since 2009. As of 16 March 2020 he still owns at least 52,868 units of Allete stock.

You can see the complete history of Mr. Hodnik stock trades at the bottom of the page.

Alan Hodnik biography

Alan R. Hodnik serves as Executive Chairman of the Board of the Company. Since joining the Company in 1982, Mr. Hodnik has served in many capacities, including in organizational development and managing electric generation facilities from 1995 to 2005, with an increasing scope of leadership responsibilities. In 2005, Mr. Hodnik was named Vice President-Generation Operations; in 2006, he became Senior Vice President of Minnesota Power Operations; and he was promoted to Chief Operating Officer in 2007, assuming responsibility for subsidiaries, SWL&P and BNI Energy, at that time. Mr. Hodnik was elected President of ALLETE in May 2009, serving in that role until January 2019. He was elected CEO in May 2010 and Chairman in May 2011. Mr. Hodnik is a director for PolyMet Mining Corp. (NYSE-A: PLM; TSX: POM) and serves as the chair of its compensation committee. In 2017 and 2018, he served as president of the Association of Edison Illuminating Companies, an operations-focused electric industry trade association. Mr. Hodnik is also a director of Essentia Health System, where he is a member of its physician compensation, finance, and executive committees. Mr. Hodnik served as the elected mayor of the City of Aurora, Minnesota from 1988 to 1997. Mr. Hodnik has served the Company for more than three decades, working in a wide variety of positions with increasing responsibility. He has extensive experience with both regulated utility and non-regulated utility operations, strategic planning, leadership, organizational development, and governmental affairs. Mr. Hodnik brings a deep understanding of the natural resource industries that ALLETE and its energy businesses interact with and serve.

What is the salary of Alan Hodnik?

As the Executive Chairman of the Board of Allete, the total compensation of Alan Hodnik at Allete is $4,706,010. There are no executives at Allete getting paid more.

How old is Alan Hodnik?

Alan Hodnik is 60, he's been the Executive Chairman of the Board of Allete since 2020. There are 6 older and 13 younger executives at Allete. The oldest executive at Allete, Inc. is Kathryn Dindo, 70, who is the Independent Director.

What's Alan Hodnik's mailing address?

Alan's mailing address filed with the SEC is 30, West Superior Street, Duluth, Saint Louis County, Minnesota, 55802, United States.

Insiders trading at Allete

Over the last 21 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, and 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.

What does Allete do?

ALLETE, Inc. engages in the provision of electric and natural gas utility services.

Complete history of Mr. Hodnik stock trades at Allete

Allete executives and stock owners

Allete executives and other stock owners filed with the SEC include:

• Alan Hodnik,
  Executive Chairman of the Board
• Robert Adams,
  Chief Financial Officer, Senior Vice President
• Bethany M. Owen,
  Chair, CEO & Pres
• Bethany Owen,
  President, Chief Executive Officer, Director
• Robert J. Adams,
  Sr. VP
• Steven Morris,
  Chief Accounting Officer, Vice President and Controller
• Nicole Johnson,
  Chief Administrative Officer, Vice President
• Nicole Renee Johnson,
  VP & Chief Admin. Officer
• Margaret A. Thickens,
  VP, Chief Legal Officer & Corp. Sec.
• Steven Wayne Morris,
  Sr. VP & CFO
• Heidi Jimmerson-Eddins,
  Lead Independent Director
• Madeleine Ludlow,
  Independent Director
• Kathryn Dindo,
  Independent Director
• Douglas Neve,
  Independent Director
• Robert Powers,
  Independent Director
• James Hoolihan,
  Independent Director
• George Goldfarb,
  Independent Director
• Susan Nestegard,
  Independent Director
• Barbara Nick,
  Director
• Margaret Thickens,
  Vice President, Chief Legal Officer, Corporate Secretary
• Patrick Cutshall,
  Vice President, Corporate Treasurer
• Matthew Hankey,
  Pres & CEO of New Energy Equity
• Rob Sandstrom,
  Pres of Superior Water, Light & Power
• Jeffrey Scissons,
  Director of Corp. Devel.
• Patrick L. Cutshall C.F.A., CPA, CPA, CFA,
  VP & Corp. Treasurer
• Al Rudeck,
  Pres of Allete Clean Energy, Inc.
• Wade W. Boeshans,
  Pres & GM of BNI Energy
• Vincent J. Meyer,
  VP of Investor Relations
• Heidi E Jimmerson,
  Director
• Sidney W Jr Emery,
  Director
• Bradley W Oachs,
  Sr. VP; Pres. Reg. Operations
• James S Jr Haines,
  Director
• Leonard C. Rodman,
  Director
• Steven Q De Vinck,
  Controller
• Donald W Stellmaker,
  Treasurer
• Deborah A Amberg,
  VP, Gen. Counsel & Secretary
• Charles R Matthews,
  Director
• David J Mc Millan,
  Sr. VP Mrktg/Public Affairs
• Patrick Kevin Mullen,
  Sr VP ALLETE - External Affair
• Donald C Wegmiller,
  Director
• Dennis O Green,
  Director
• Bruce W Stender,
  Director
• Peter J Johnson,
  Director
• Thomas L Cunningham,
  Director
• George L Mayer,
  Director
• James K Vizanko,
  Sen.VP, CFO & Corp. Treasurer
• Nick Smith,
  Director
• Dennis E Evans,
  Director
• Kathleen A Brekken,
  Director
• Warren L Candy,
  Sr. VP Utility Operations
• Mark A Schober,
  VP & Corporate Controller
• Timothy J Thorp,
  VP Invest. Rel./Corp. Comm.
• Philip R Halverson,
  VP, Secy & General Counsel
• Deborah L Weinstein,
  Director
• Roger D Peirce,
  Director
• James P Hallett,
  VP/ Pres/CEO ALLETE Auto Svcs
• Claudia Scott Welty,
  Sr. VP Support & CAO
• Jack I Rajala,
  Director
• Brenda J Flayton,
  VP Human Resources
• Wynn V Bussmann,
  Director
• Donald J Shippar,
  President & CEO
• David G Gartzke,
  Chairman; CEO - ADESA Corp.
• Laura A Holquist,
  President ALLETE Properties
• Charlene A Thomas,
  Director
• Joshua John Skelton,
  VP; COO-Minnesota Power