Richard Scott  Fox net worth and biography

Richard Fox Biography and Net Worth

Rick Fox is executive vice president, chief operating officer (COO) for Essential Utilities, Inc. (NYSE: WTRG). Essential is one of the largest publicly traded water, wastewater and natural gas providers in the U.S., serving approximately 5 million people across 10 states. 

Fox is responsible for the Company’s regulated operations for Aqua, Essential’s water and wastewater division, and Peoples, Essential’s natural gas division, including corporate engineering and environmental compliance.

Professional History
Fox was named to his current role in March 2020 coincident with Aqua’s closing of the Peoples Natural Gas acquisition.

Prior to being appointed COO for Essential, Fox had been COO for Aqua America since 2015 leading all utility operations in Pennsylvania, New Jersey, Ohio, Indiana, Illinois, Texas, North Carolina, and Virginia. Prior to assuming the role of COO and since January 2012, he served as regional president for Aqua with operational responsibilities in five states. Previously, Fox was vice president, customer operations, where he was responsible for all customer service operations for Aqua, including the national customer call centers, national meter operations and company-wide billing and collections.

Under Fox’s leadership, the Company has experienced dramatic reductions in workplace injuries, improvements in drinking water quality, and reliability and increased wastewater environmental compliance. Additionally, Fox is credited with the successful combination of the previously independent workgroups of utility operations, project engineering, and environmental management into a cohesive and more collaborative work unit. Under this structure, the Company has been able to leverage the sharing of best practices and utilize the deep expertise of employees to improve service to customers. Further, under his leadership, the Company increased annual capital investment from about $365 million in 2015 to approximately $950 million in 2020. These investments in infrastructure improvements include replacing old water mains, leak-prone steel natural gas pipes, and rebuilding water and wastewater treatment plants to improve system safety, service reliability, and ensure compliance with regulations.

Fox joined the Company in 2002 as manager of customer service following 17 years in the chemical manufacturing industry in both operations and technical management.

Education and Professional Memberships
Fox earned his B.S. in chemical engineering from Virginia Polytechnic Institute and State University, and his M.B.A from Villanova University, where he achieved Beta Gamma Sigma honors. Fox is a member of the American Institute of Chemical Engineers and serves on the Villanova University Business School Graduate Business Advisory Council.
 

What is Richard Scott Fox's net worth?

The estimated net worth of Richard Scott Fox is at least $849,890.08 as of November 9th, 2020. Mr. Fox owns 21,424 shares of Essential Utilities stock worth more than $849,890 as of May 20th. This net worth approximation does not reflect any other assets that Mr. Fox may own. Learn More about Richard Scott Fox's net worth.

How do I contact Richard Scott Fox?

The corporate mailing address for Mr. Fox and other Essential Utilities executives is 762 W. LANCASTER AVENUE, BRYN MAWR PA, 19010. Essential Utilities can also be reached via phone at (610) 527-8000 and via email at [email protected]. Learn More on Richard Scott Fox's contact information.

Has Richard Scott Fox been buying or selling shares of Essential Utilities?

Richard Scott Fox has not been actively trading shares of Essential Utilities during the last ninety days. Most recently, Richard Scott Fox sold 5,310 shares of the business's stock in a transaction on Monday, November 9th. The shares were sold at an average price of $45.70, for a transaction totalling $242,667.00. Following the completion of the sale, the chief operating officer now directly owns 21,424 shares of the company's stock, valued at $979,076.80. Learn More on Richard Scott Fox's trading history.

Who are Essential Utilities' active insiders?

Essential Utilities' insider roster includes Colleen Arnold (President), Richard Fox (COO), Chris Franklin (CEO), Matthew Rhodes (EVP), Robert Rubin (CAO), Ellen Ruff (Director), and Daniel Schuller (EVP). Learn More on Essential Utilities' active insiders.

Are insiders buying or selling shares of Essential Utilities?

During the last year, insiders at the sold shares 3 times. They sold a total of 8,832 shares worth more than $333,083.49. The most recent insider tranaction occured on May, 1st when CAO Robert A Rubin sold 2,023 shares worth more than $73,960.88. Insiders at Essential Utilities own 0.2% of the company. Learn More about insider trades at Essential Utilities.

Information on this page was last updated on 5/1/2024.

Richard Scott Fox Insider Trading History at Essential Utilities

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
11/9/2020Sell5,310$45.70$242,667.0021,424View SEC Filing Icon  
7/22/2020Sell1,000$45.00$45,000.0026,734View SEC Filing Icon  
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Richard Scott Fox Buying and Selling Activity at Essential Utilities

This chart shows Richard Scott Fox's buying and selling at Essential Utilities by year and by quarter.

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Essential Utilities Company Overview

Essential Utilities logo
Essential Utilities, Inc., through its subsidiaries, operates regulated utilities that provide water, wastewater, or natural gas services in the United States. The company operates through Regulated Water and Regulated Natural Gas segments. It offers water services through operating and maintenance contract with municipal authorities and other parties. In addition, the company provides utility service line protection solutions and repair services to households. It serves approximately 5.5 million residential water, commercial water, fire protection, industrial water, wastewater, and other water and utility customers in Pennsylvania, Ohio, Texas, Illinois, North Carolina, New Jersey, Indiana, Virginia, and Kentucky under the Aqua and Peoples brands. The company was formerly known as Aqua America, Inc. and changed its name to Essential Utilities, Inc. in February 2020. Essential Utilities, Inc. was founded in 1886 and is headquartered in Bryn Mawr, Pennsylvania.
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Today's Range

Now: $39.67
Low: $39.23
High: $39.68

50 Day Range

MA: $36.69
Low: $33.88
High: $39.67

2 Week Range

Now: $39.67
Low: $32.07
High: $43.26

Volume

1,046,400 shs

Average Volume

1,746,069 shs

Market Capitalization

$10.85 billion

P/E Ratio

18.80

Dividend Yield

3.10%

Beta

0.8