In 2023, Ron L. Fleming earned $936.73K in total compensation at Global Water Resources, including $350.00K salary, $175.00K bonus and $393.00K in stock. Most recently acquired 30,000 shares in May 2022. Currently holds stock worth $890.94K. Has led Global Water Resources for over 10 years.
Compensation History
Annual executive compensation data for Ron L. Fleming, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$936.73K
Salary
$350.00K
Bonus
$175.00K
Other
$18.73K
Salary
$350.00KBoard Justification
The compensation philosophy is designed to align executive compensation with company performance, peer benchmarking, and retention strategies, ensuring that the interests of the executives are aligned with those of the shareholders.
Bonus
$175.00KBoard Justification
The bonus is based on the achievement of corporate and individual performance objectives for the fiscal year 2023, with a target incentive award of 100% of base salary.
Other Compensation
$18.73KBoard Justification
This includes matching contributions to the 401(k) plan and any dividends earned and paid on RSUs and phantom stock units held by the CEO.
Restricted Stock
Board Justification
The restricted stock awarded in May 2022 vests ratably over three years, with 1/3 vesting in May 2023, 1/3 in May 2024, and 1/3 in May 2025. The vested stock in 2023 is valued based on the market price at the time of vesting.
Performance Metrics
The performance metrics include achieving specific financial and operational goals, including adjusted EBITDA targets and compliance with safety and regulatory standards.
Ron L. Fleming
CEO of Global Water Resources
Education
Bachelor's degree in Business Administration from Arizona State University
Field of Expertise
Business & Management
Sector of Economy
Utilities
Born
January 1, 1980 - 45 years ago
CEO of Global Water Resources for
10 years 11 months (Jan 2015 - Present)
Previous Experience
President of Global Water Resources, Inc.
Holdings
Track Ron L. Fleming's stock holdings and portfolio value over time.
Insider Trading
Ron L. Fleming's recent stock transactions, purchases, and sales filed with the SEC.
30,000 shares
GWRS
May 5, 2022
Received
81,120 shares
GWRS
May 8, 2020
Received
$9.41K
GWRS at $9.41/share
Dec 7, 2017
Purchase
9,796 shares
GWRS
May 3, 2016
Received
Rivals
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