The estimated Net Worth of Oliver G Iii Richard is at least $2.1 Million dollars as of 7 September 2024. Mr. Richard owns over 3,000 units of American Electric Power stock worth over $1,816,256 and over the last 16 years he sold AEP stock worth over $0. In addition, he makes $285,872 as Independent Director at American Electric Power.
Oliver has made over 9 trades of the American Electric Power stock since 2009, according to the Form 4 filled with the SEC. Most recently he exercised 3,000 units of AEP stock worth $309,150 on 7 September 2024.
The largest trade he's ever made was exercising 3,000 units of American Electric Power stock on 7 September 2024 worth over $309,150. On average, Oliver trades about 290 units every 73 days since 2009. As of 7 September 2024 he still owns at least 17,625 units of American Electric Power stock.
You can see the complete history of Mr. Richard stock trades at the bottom of the page.
Oliver G. Richard III serves as Independent Director of the Company. He is Owner and president of Empire of the Seed LLC, a private consulting firm in the energy and management industries, as well as the private investments industry since 2005. Mr. Richard served as chairman, president and chief executive officer of Columbia Energy Group (“Columbia Energy”) from April 1995 until Columbia Energy was acquired by NiSource Inc. in November 2000. Mr. Richard served as a commissioner of the Federal Energy Regulatory Commission from 1982 to 1985. A director of Buckeye Partners, L.P. and Cheniere Energy Partners, GP, LLC.
As the Independent Director of American Electric Power, the total compensation of Oliver Richard at American Electric Power is $285,872. There are 13 executives at American Electric Power getting paid more, with Nicholas Akins having the highest compensation of $14,492,400.
Oliver Richard is 67, he's been the Independent Director of American Electric Power since 2013. There are 5 older and 26 younger executives at American Electric Power. The oldest executive at American Electric Power Company Inc. is Richard Notebaert, 72, who is the Independent Director.
Over the last 21 years, insiders at American Electric Power have traded over $58,827,531 worth of American Electric Power stock and bought 16,545 units worth $866,009 . The most active insiders traders include Benjamin G S Iii Fowke, David J Anderson, and Michael G Morris. On average, American Electric Power executives and independent directors trade stock every 33 days with the average trade being worth of $1,272,977. The most recent stock trade was executed by Antonio P Smyth on 5 June 2024, trading 4,898 units of AEP stock currently worth $440,820.
american electric power is one of the largest electric utilities in the united states, delivering electricity to more than 5 million customers in 11 states. aep ranks among the nation’s largest generators of electricity, owning nearly 38,000 megawatts of generating capacity in the u.s. aep also owns the nation’s largest electricity transmission system, a nearly 39,000-mile network that includes more 765-kilovolt extra-high voltage transmission lines than all other u.s. transmission systems combined. aep’s utility units operate as aep ohio, aep texas, appalachian power (in virginia and west virginia), aep appalachian power (in tennessee), indiana michigan power, kentucky power, public service company of oklahoma, and southwestern electric power company (in arkansas, louisiana and east texas). aep’s headquarters are in columbus, ohio.
American Electric Power executives and other stock owners filed with the SEC include: