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Richard S. Swartz, Jr. net worth and biography

Richard Swartz, Jr. Biography and Net Worth

CEO of MYR Group

Richard S. Swartz Jr. serves as President, Chief Executive Officer, Director of the Company. Mr. Swartz was appointed President and Chief Executive Officer on January 1, 2017. Mr. Swartz also chairs the Company’s internal executive committee. Mr. Swartz has more than 38 years of industry experience and began his career in field operations, and which has evolved into a variety of senior management positions including as the vice president of our subsidiary Sturgeon Electric Company, Inc.(“Sturgeon Electric”) C&I division, vice president of Sturgeon Electric’s T&D?—?Midwest division, group vice president C&I and T&D?—?West, and MYR Group’s executive vice president and chief operating officer for six years, preceding his CEO appointment. Mr. Swartz was instrumental in the development and inception of project management and productivity improvement programs as well as in the formulation of several corporate safety initiatives. He spearheaded Sturgeon Electric’s participation in the Occupational Health and Safety Administration’s (“OSHA”) Voluntary Protection Program (“VPP”) for the Mobile Workforce Demonstration Program, for which Sturgeon Electric has achieved and maintained STAR status since 2008. Mr. Swartz’s 38 years of experience with the Company’s operations brings leadership, risk management, technical and strategic planning experience to the Board. His extensive knowledge of the Company’s personnel and capabilities provides valuable insight to the Board.

How do I contact Richard S. Swartz, Jr.?: The corporate mailing address for Mr. Swartz, Jr. and other MYR Group executives is 1701 GOLF ROAD SUITE 3-1012, ROLLING MEADOWS IL, 60008. MYR Group can also be reached via phone at (303) 286-8000 and via email at [email protected]. Learn More on Richard S. Swartz, Jr.'s contact information.
Has Richard S. Swartz, Jr. been buying or selling shares of MYR Group?: Richard S. Swartz, Jr. has not been actively trading shares of MYR Group within the last three months. Learn More on Richard S. Swartz, Jr.'s trading history.
Who are MYR Group's active insiders?: MYR Group's insider roster includes William Koertner (Director), and Richard Swartz, Jr. (CEO). Learn More on MYR Group's active insiders.
Are insiders buying or selling shares of MYR Group?: During the last year, insiders at the utilities provider sold shares 2 times. They sold a total of 21,500 shares worth more than $3,085,455.00. The most recent insider tranaction occured on August, 23rd when CEO Richard S Jr. Swartz sold 18,000 shares worth more than $2,577,780.00. Insiders at MYR Group own 1.8% of the company. Learn More about insider trades at MYR Group.
Information on this page was last updated on 8/23/2023.

Richard S. Swartz, Jr. Insider Trading History at MYR Group

Richard S. Swartz, Jr. Buying and Selling Activity at MYR Group

MYR Group Company Overview

MYR Group Inc., through its subsidiaries, provides electrical construction services in the United States and Canada. It operates in two segments, Transmission and Distribution, and Commercial and Industrial. The Transmission and Distribution segment offers a range of services on electric transmission and distribution networks, and substation facilities, including design, engineering, procurement, construction, upgrade, maintenance, and repair services with primary focus on construction, maintenance, and repair to customers in the electric utility industry; and services, including construction and maintenance of high voltage transmission lines, substations, and lower voltage underground and overhead distribution systems, clean energy projects, and electric vehicle charging infrastructure services, as well as emergency restoration services in response to hurricane, wildfire, ice, or other related damages. This segment serves as a prime contractor to customers, such as investor-owned utilities, cooperatives, private developers, government-funded utilities, independent power producers, independent transmission companies, industrial facility owners, and other contractors. The Commercial and Industrial segment provides a range of services, including design, installation, maintenance, and repair of commercial and industrial wiring; and installation of intelligent transportation systems, roadway lighting, and signalization for airports, hospitals, data centers, hotels, stadiums, commercial and industrial facilities, clean energy projects, manufacturing plants, processing facilities, water/waste-water treatment facilities, mining facilities, intelligent transportation systems, roadway lighting, signalization, and electric vehicle charging infrastructure. This segment serves general contractors, commercial and industrial facility owners, governmental agencies, and developers. The company was founded in 1891 and is headquartered in Thornton, Colorado.

Today's Range

Now: $166.06

$161.90

$167.00

50 Day Range

MA: $164.88

$153.37

$178.21

2 Week Range

Now: $166.06

$110.87

$181.02

Volume

124,142 shs

Average Volume

132,859 shs

Market Capitalization

$2.78 billion

P/E Ratio

30.64

Dividend Yield

N/A

Beta

1.08

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