Robert A.  Richard net worth and biography

Robert Richard Biography and Net Worth

EVP of DTE Energy
Robert A. Richard is the executive vice president of IT, Customer Service and Corporate Services for DTE Energy. Richard is responsible for overseeing the Customer Service organization, the development of enterprise standards and technology architecture and the strategic management of the company’s procurement, supplier performance management, warehousing, fleet, facilities and real estate organizations.

Richard has been with DTE Energy since 2003. Prior to his current role, Richard was vice president of Major Enterprise Projects and Customer Service where he was responsible for overseeing the Customer Service organization, along with the company’s major projects in Power Generation, Distribution, Renewable, Gas Distribution and Midstream platforms.

Prior to joining DTE Energy, Richard was vice president of operations and process improvement at Bethlehem Steel. This role was responsible for sales, marketing and operations of the eastern division. Previously, he spent 13 years at General Electric where he served in a variety of leadership roles. Richard was senior executive for GE LEXAN Americas Manufacturing and responsible for Phenolics, BPA, SAN, Chlorine and Polycarbonate extrusion.

Richard earned a Bachelor of Science and Master of Science in Chemical Engineering from The Ohio State University. At Ohio State, his graduate work was in coal technologies, which included liquefaction, gasification and the microbial desulfurization of coal. Richard is a graduate of the Nuclear Reactor Technology course of MIT and he is a certified Master Black Belt from GE and the Six Sigma Academy. He received the Whitney Award for technical achievement at GE. Richard is a member of the Engineering Advisory Boards for Central Michigan University and Oakland University.

Richard is a member of the board of directors of the Arab Community Center for Economic and Social Services (ACCESS). He is the Vice President of board of directors for the Engineering Society of Detroit (ESD). Richard is a lifetime member of the National Eagle Scout Association.

DTE Energy (NYSE: DTE(link is external)) is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide. Its operating units include an electric company serving 2.3 million customers in Southeast Michigan and a natural gas company serving 1.3 million customers in Michigan. The DTE portfolio also includes non-utility businesses focused on industrial energy services, renewable natural gas, and energy marketing and trading. As an environmental leader, DTE utility operations will reduce carbon dioxide and methane emissions by more than 80% by 2040 to produce cleaner energy(link is external) while keeping it safe, reliable and affordable. DTE Electric and Gas aspire to achieve net zero carbon(link is external) and greenhouse gas emissions by 2050.

What is Robert A. Richard's net worth?

The estimated net worth of Robert A. Richard is at least $2.86 million as of February 27th, 2024. Mr. Richard owns 26,118 shares of DTE Energy stock worth more than $2,860,443 as of April 26th. This net worth estimate does not reflect any other investments that Mr. Richard may own. Learn More about Robert A. Richard's net worth.

How do I contact Robert A. Richard?

The corporate mailing address for Mr. Richard and other DTE Energy executives is One Energy Plaza, Detroit MI, 48226. DTE Energy can also be reached via phone at (313) 235-4000 and via email at [email protected]. Learn More on Robert A. Richard's contact information.

Has Robert A. Richard been buying or selling shares of DTE Energy?

Robert A. Richard has not been actively trading shares of DTE Energy during the last ninety days. Most recently, Robert A. Richard sold 4,800 shares of the business's stock in a transaction on Tuesday, February 27th. The shares were sold at an average price of $107.25, for a transaction totalling $514,800.00. Following the completion of the sale, the chief operating officer now directly owns 26,118 shares of the company's stock, valued at $2,801,155.50. Learn More on Robert A. Richard's trading history.

Who are DTE Energy's active insiders?

DTE Energy's insider roster includes Gerard Anderson (Chairman), Joann Chavez (SVP), Joi Harris (COO), Trevor Lauer (COO), Lisa Muschong (VP), Tracy Myrick (CAO), Robert Richard (EVP), Mark Rolling (CAO), and David Thomas (Director). Learn More on DTE Energy's active insiders.

Are insiders buying or selling shares of DTE Energy?

During the last year, insiders at the utilities provider sold shares 8 times. They sold a total of 27,295 shares worth more than $2,981,654.55. The most recent insider tranaction occured on February, 27th when COO Robert A Richard sold 4,800 shares worth more than $514,800.00. Insiders at DTE Energy own 0.6% of the company. Learn More about insider trades at DTE Energy.

Information on this page was last updated on 2/27/2024.

Robert A. Richard Insider Trading History at DTE Energy

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
2/27/2024Sell4,800$107.25$514,800.0026,118View SEC Filing Icon  
8/2/2022Sell2,900$130.31$377,899.0018,046View SEC Filing Icon  
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Robert A. Richard Buying and Selling Activity at DTE Energy

This chart shows Robert A Richard's buying and selling at DTE Energy by year and by quarter.

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DTE Energy Company Overview

DTE Energy logo
DTE Energy Company engages in the utility operations. The company's Electric segment generates, purchases, distributes, and sells electricity to various residential, commercial, and industrial customers in southeastern Michigan. It generates electricity through coal-fired plants, hydroelectric pumped storage, and nuclear plants, as well as wind and solar assets. This segment owns and operates distribution substations and line transformers. The company's Gas segment purchases, stores, transports, distributes, and sells natural gas to various residential, commercial, and industrial customers throughout Michigan; and sells storage and transportation capacity. Its DTE Vantage segment offers metallurgical and petroleum coke to steel and other industries; and power generation, steam production, chilled water production, and wastewater treatment services, as well as air 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 1849 and is based in Detroit, Michigan.
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Today's Range

Now: $109.52
Low: $109.43
High: $111.70

50 Day Range

MA: $109.12
Low: $103.21
High: $112.95

2 Week Range

Now: $109.52
Low: $90.14
High: $116.73

Volume

1,235,918 shs

Average Volume

1,196,661 shs

Market Capitalization

$22.66 billion

P/E Ratio

16.20

Dividend Yield

3.66%

Beta

0.64