The estimated Net Worth of Richard P Magnuson is at least $4.1 Million dollars as of 3 September 2019. Mr. Magnuson owns over 20,000 units of California Water Service stock worth over $2,736,122 and over the last 19 years he sold CWT stock worth over $1,134,600. In addition, he makes $224,298 as Lead Independent Director at California Water Service.
Richard has made over 3 trades of the California Water Service stock since 2012, according to the Form 4 filled with the SEC. Most recently he sold 20,000 units of CWT stock worth $1,134,600 on 3 September 2019.
The largest trade he's ever made was selling 20,000 units of California Water Service stock on 3 September 2019 worth over $1,134,600. On average, Richard trades about 1,286 units every 137 days since 2006. As of 3 September 2019 he still owns at least 51,344 units of California Water Service stock.
You can see the complete history of Mr. Magnuson stock trades at the bottom of the page.
Richard P. Magnuson is Lead Independent Director of the Company. Mr. Magnuson is a private venture capitalist and our Lead Independent Director. Mr. Magnuson holds an undergraduate degree in economics, a law degree and a master's degree in business administration from Stanford University. From 1984 to 1996, he was a general partner of Menlo Ventures, a venture capital firm. In addition to his previous public company experience, Mr. Magnuson has served on the boards of several privately held companies. With his legal and venture capital background, Mr. Magnuson brings valuable financial and business strategy expertise to the Board. His past experience on the boards of other public companies, as well as his insight on financial and operational matters, adds value to the Board. His past and current Board service also provides insight on corporate governance practices.
As the Lead Independent Director of California Water Service, the total compensation of Richard Magnuson at California Water Service is $224,298. There are 11 executives at California Water Service getting paid more, with Martin Kropelnicki having the highest compensation of $13,305,400.
Richard Magnuson is 64, he's been the Lead Independent Director of California Water Service since 2013. There are 7 older and 21 younger executives at California Water Service. The oldest executive at California Water Service Group is Peter Nelson, 72, who is the Chairman of the Board.
Richard's mailing address filed with the SEC is C/O CALIFORNIA WATER SERVICE GROUP, 1720 NORTH FIRST STREET, SAN JOSE, CA, 95112.
Over the last 25 years, insiders at California Water Service have traded over $9,190,279 worth of California Water Service stock and bought 187,930 units worth $3,692,158 . The most active insiders traders include Scott L Morris, Terry Bayer, and Peter C Nelson. On average, California Water Service executives and independent directors trade stock every 27 days with the average trade being worth of $119,903. The most recent stock trade was executed by Thomas M Krummel on 4 September 2024, trading 555 units of CWT stock currently worth $30,575.
california water service company (cal water) is the largest subsidiary of the california water service group. cal water is the largest investor-owned american water utility west of the mississippi river and the third largest in the country. formed in 1926, the san jose-based company serves more than 472,000 customers through 28 customer and operations centers throughout the state.
California Water Service executives and other stock owners filed with the SEC include: