Last updated: 22 May 2024 at 5:15pm EST

L. Frederick Sutherland Net Worth




The estimated Net Worth of L Frederick Sutherland is at least $42.3 Million dollars as of 4 June 2014. Mr. Sutherland owns over 200,000 units of Consolidated Edison stock worth over $33,741,500 and over the last 17 years he sold ED stock worth over $8,299,914. In addition, he makes $295,000 as Independent Director at Consolidated Edison.

Mr. Sutherland ED stock SEC Form 4 insiders trading

L has made over 4 trades of the Consolidated Edison stock since 2008, according to the Form 4 filled with the SEC. Most recently he sold 200,000 units of ED stock worth $4,908,000 on 4 June 2014.

The largest trade he's ever made was selling 200,000 units of Consolidated Edison stock on 4 June 2014 worth over $4,908,000. On average, L trades about 4,015 units every 22 days since 2007. As of 4 June 2014 he still owns at least 325,000 units of Consolidated Edison stock.

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





L. Frederick Sutherland biography

L. Frederick Sutherland is an Independent Director of the Company., since April 2006. Mr. Sutherland was the Executive Vice President and Chief Financial Officer of Aramark Corporation, Philadelphia, PA, a provider of food services, facilities management and uniform and career apparel, from 1997 to 2015. Prior to joining Aramark in 1980, Mr. Sutherland was Vice President, Corporate Banking, at Chase Manhattan Bank, New York, NY. Other Directorships: Mr. Sutherland is a Trustee of Con Edison of New York and a Director of Colliers International Group Inc. and Sterling Talent Solutions. Mr. Sutherland is also Chairman of the Board of WHYY, Philadelphia’s public broadcast affiliate, Board President of Episcopal Community Services, a Philadelphia-based anti-poverty agency, and a Trustee of Duke University, the National Constitution Center, and Peoples Light, a non-profit theater. Attributes and Skills: Mr. Sutherland has leadership experience at an international managed services company, including experience with financial reporting, internal auditing, mergers and acquisitions, financing, risk management, corporate compliance, and corporate planning. Mr. Sutherland also has corporate banking experience. Mr. Sutherland’s experience from his leadership positions at Aramark Corporation and Chase Manhattan Bank supports the Board in its oversight of the Company’s financial reporting, auditing, and strategic planning activities.

What is the salary of L Sutherland?

As the Independent Director of Consolidated Edison, the total compensation of L Sutherland at Consolidated Edison is $295,000. There are 10 executives at Consolidated Edison getting paid more, with John McAvoy having the highest compensation of $15,345,300.



How old is L Sutherland?

L Sutherland is 68, he's been the Independent Director of Consolidated Edison since 2006. There are 3 older and 24 younger executives at Consolidated Edison. The oldest executive at Consolidated Edison, Inc. is George Campbell, 74, who is the Independent Director.

What's L Sutherland's mailing address?

L's mailing address filed with the SEC is CONSOLIDATED EDISON, INC. C/O SECRETARY, 4 IRVING PLACE; ROOM 16-205, NEW YORK, NY, 10003.

Insiders trading at Consolidated Edison

Over the last 18 years, insiders at Consolidated Edison have traded over $38,211,308 worth of Consolidated Edison stock and bought 88,005 units worth $5,606,535 . The most active insiders traders include Eugene R Mcgrath, Kevin Burke, and Giudice Michael J Del. On average, Consolidated Edison executives and independent directors trade stock every 3 days with the average trade being worth of $180,024. The most recent stock trade was executed by Joseph Miller on 14 June 2024, trading 1 units of ED stock currently worth $96.



What does Consolidated Edison do?

con edison is a subsidiary of consolidated edison, inc. [nyse: ed], one of the nation’s largest investor-owned energy companies, with approximately $12 billion in annual revenues and $41 billion in assets. the utility provides electric, gas and steam service to more than 3 million customers in new york city and westchester county, new york. for additional financial, operations and customer service information, visit us on the web at www.coned.com.



What does Consolidated Edison's logo look like?

Consolidated Edison, Inc. logo

Complete history of Mr. Sutherland stock trades at Aramark and Consolidated Edison

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
4 Jun 2014 L Frederick Sutherland
See Remarks
Sale 200,000 $24.54 $4,908,000
4 Jun 2014
325,000
17 Dec 2013 L Frederick Sutherland
See Remarks
Sale 179,387 $18.90 $3,390,414
17 Dec 2013
235,000
23 Feb 2011 L Frederick Sutherland
Director
Buy 2,000 $49.12 $98,240
23 Feb 2011
16,015
14 Oct 2008 L Frederick Sutherland
Director
Sale 36 $41.66 $1,500
14 Oct 2008
8,948


Consolidated Edison executives and stock owners

Consolidated Edison executives and other stock owners filed with the SEC include: