Last updated: 9 April 2024 at 12:24pm EST

Thomas Webb Net Worth




The estimated Net Worth of Thomas J Webb is at least $38.9 Million dollars as of 25 May 2017. Mr. Webb owns over 50,000 units of Otter Tail stock worth over $14,182,495 and over the last 21 years he sold OTTR stock worth over $24,512,600. In addition, he makes $163,210 as Independent Director at Otter Tail.

Mr. Webb OTTR stock SEC Form 4 insiders trading

Thomas has made over 14 trades of the Otter Tail stock since 2007, according to the Form 4 filled with the SEC. Most recently he sold 50,000 units of OTTR stock worth $2,361,500 on 25 May 2017.

The largest trade he's ever made was exercising 150,000 units of Otter Tail stock on 27 February 2007 worth over $1,041,000. On average, Thomas trades about 7,676 units every 34 days since 2003. As of 25 May 2017 he still owns at least 187,773 units of Otter Tail stock.

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





Thomas Webb biography

Thomas J. Webb serves as Independent Director of the Company. Prior to his roles at CMS Energy Corporation, Mr. Webb served as Executive Vice President and Chief Financial Officer for The Kellogg Company, a multinational food manufacturer, from 1999 to 2002, and as Chief Financial Officer at Visteon Corporation, a division of Ford Motor Company, from 1996 to 1999. He began his career at Ford Motor Co. in 1977, holding positions of increasing responsibility in finance and management for a period of more than 22 years in the United States and in Europe. Mr. Webb contributes executive leadership experience and public company accounting, finance and financial reporting expertise from his years of service as Chief Financial Officer at CMS, Kellogg and Visteon. The Board also benefits from Mr. Webb’s comprehensive understanding of utility operations, the utility industry and regulatory accounting from his 15 years at CMS.

What is the salary of Thomas Webb?

As the Independent Director of Otter Tail, the total compensation of Thomas Webb at Otter Tail is $163,210. There are 14 executives at Otter Tail getting paid more, with Charles MacFarlane having the highest compensation of $5,758,530.



How old is Thomas Webb?

Thomas Webb is 67, he's been the Independent Director of Otter Tail since 2018. There are 1 older and 15 younger executives at Otter Tail. The oldest executive at Otter Tail Corporation is Timothy O'Keefe, 70, who is the Independent Director.

What's Thomas Webb's mailing address?

Thomas's mailing address filed with the SEC is 215 SOUTH CASCADE STREET, , FERGUS FALLS, MN, 56537.

Insiders trading at Otter Tail

Over the last 15 years, insiders at Otter Tail have traded over $6,819,569 worth of Otter Tail stock and bought 5,475 units worth $216,353 . The most active insiders traders include Thomas J Webb, Steven L Fritze, and John D Erickson. On average, Otter Tail executives and independent directors trade stock every 58 days with the average trade being worth of $368,662. The most recent stock trade was executed by Jennifer O. Smestad on 13 August 2024, trading 4,000 units of OTTR stock currently worth $354,960.



What does Otter Tail do?

with offices in fergus falls, minnesota, and fargo, north dakota, otter tail corporation is a growing company with over $1.2 billion in revenues and more than 4,000 employees across many industries. our diversified operations include an electric utility, manufacturing, health services, food ingredient processing, plastics, construction and transportation. the otter tail companies collectively serve customers within the united states and in canada.



What does Otter Tail's logo look like?

Otter Tail Corporation logo

Complete history of Mr. Webb stock trades at Otter Tail, CMS, and CMS

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
25 May 2017 Thomas J Webb
Executive Vice President
Sale 50,000 $47.23 $2,361,500
25 May 2017
187,773
23 Feb 2017 Thomas J Webb
Executive Vice President
Sale 50,000 $44.01 $2,200,500
23 Feb 2017
239,305
4 May 2016 Thomas J Webb
Executive Vice President
Sale 100,000 $41.52 $4,152,000
4 May 2016
256,163
21 May 2013 Thomas J Webb
Executive Vice President
Sale 40,000 $28.79 $1,151,600
21 May 2013
253,392
20 Nov 2012 Thomas J Webb
Executive Vice President
Sale 50,000 $23.49 $1,174,500
20 Nov 2012
257,488
10 May 2011 Thomas J Webb
Executive Vice President
Sale 60,000 $20.27 $1,216,200
10 May 2011
271,918
7 Nov 2007 Thomas J Webb
Executive Vice President
Buy 2,000 $16.56 $33,120
7 Nov 2007
243,176
27 Feb 2007 Thomas J Webb
Executive Vice President
Option 150,000 $6.94 $1,041,000
27 Feb 2007
362,832
25 May 2017 Thomas J Webb
Executive Vice President
Sale 50,000 $47.23 $2,361,500
25 May 2017
187,773
23 Feb 2017 Thomas J Webb
Executive Vice President
Sale 50,000 $44.01 $2,200,500
23 Feb 2017
239,305
4 May 2016 Thomas J Webb
Executive Vice President
Sale 100,000 $41.52 $4,152,000
4 May 2016
256,163
21 May 2013 Thomas J Webb
Executive Vice President
Sale 40,000 $28.79 $1,151,600
21 May 2013
253,392
20 Nov 2012 Thomas J Webb
Executive Vice President
Sale 50,000 $23.49 $1,174,500
20 Nov 2012
257,488
10 May 2011 Thomas J Webb
Executive Vice President
Sale 60,000 $20.27 $1,216,200
10 May 2011
271,918


Otter Tail executives and stock owners

Otter Tail executives and other stock owners filed with the SEC include: