Trevor F.  Lauer net worth and biography

Trevor Lauer Biography and Net Worth

COO of DTE Energy
Trevor F. Lauer is president and chief operating officer for DTE Electric, an electric utility serving 2.3 million customers in Southeastern Michigan and a subsidiary of DTE Energy.

Lauer joined DTE Energy in 2005. Prior to his current position, Lauer was senior vice president of distribution operations. Prior to joining DTE Energy, Lauer was executive vice president at Pittsburgh-based Strategic Energy LLC, a nationwide energy supplier. He also worked in a variety of leadership and general management positions at Honeywell, Inc. in the Washington, D.C. area.

Lauer earned a bachelor of science degree in mineral economics from Pennsylvania State University and a master of business administration degree from the University of Maryland. He is a 2006 graduate of Leadership Michigan. In 2019, Lauer completed the MIT Nuclear Reactor Technology Course.

Lauer is active in the community and serves on several boards. He is a member of the Executive Committee for the Detroit Regional Chamber of Commerce and a trustee for the Cranbrook Educational Community and the board chair of the Cranbrook Institute of Science. He is also a board member for the YMCA of Metropolitan Detroit and Ann Arbor SPARK.

DTE Energy (NYSE:DTE) is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide. Its operating units include an electric company serving 2.3 million customers in Southeast Michigan and a natural gas company serving 1.3 million customers in Michigan. The DTE portfolio also includes non-utility businesses focused on industrial energy services, renewable natural gas, and energy marketing and trading. As an environmental leader, DTE utility operations will reduce carbon dioxide and methane emissions by more than 80% by 2040 to produce cleaner energy while keeping it safe, reliable and affordable. DTE Electric and Gas aspire to achieve net zero carbon and greenhouse gas emissions by 2050. DTE is committed to serving with its energy through volunteerism, education and employment initiatives, philanthropy and economic progress. Information about DTE is available at dteenergy.com, empoweringmichigan.com, twitter.com/dte_energy and facebook.com.

What is Trevor F. Lauer's net worth?

The estimated net worth of Trevor F. Lauer is at least $7.27 million as of June 5th, 2024. Mr. Lauer owns 59,475 shares of DTE Energy stock worth more than $7,265,763 as of November 21st. This net worth estimate does not reflect any other investments that Mr. Lauer may own. Additionally, Mr. Lauer receives a salary of $949,300.00 as COO at DTE Energy. Learn More about Trevor F. Lauer's net worth.

How old is Trevor F. Lauer?

Mr. Lauer is currently 60 years old. There are 5 older executives and no younger executives at DTE Energy. The oldest executive at DTE Energy is Mr. Mark W. Stiers, President of DTE Vantage & Energy Trading, who is 62 years old. Learn More on Trevor F. Lauer's age.

What is Trevor F. Lauer's salary?

As the COO of DTE Energy, Mr. Lauer earns $949,300.00 per year. There are 3 executives that earn more than Mr. Lauer. The highest earning executive at DTE Energy is Mr. Gerardo Norcia, CEO & Chairman, who commands a salary of $2,370,000.00 per year. Learn More on Trevor F. Lauer's salary.

How do I contact Trevor F. Lauer?

The corporate mailing address for Mr. Lauer and other DTE Energy executives is One Energy Plaza, Detroit MI, 48226. DTE Energy can also be reached via phone at (313) 235-4000 and via email at [email protected]. Learn More on Trevor F. Lauer's contact information.

Has Trevor F. Lauer been buying or selling shares of DTE Energy?

Trevor F. Lauer has not been actively trading shares of DTE Energy during the last quarter. Most recently, Trevor F. Lauer sold 3,500 shares of the business's stock in a transaction on Wednesday, June 5th. The shares were sold at an average price of $115.07, for a transaction totalling $402,745.00. Following the completion of the sale, the insider now directly owns 59,475 shares of the company's stock, valued at $6,843,788.25. Learn More on Trevor F. Lauer's trading history.

Who are DTE Energy's active insiders?

DTE Energy's insider roster includes Gerard Anderson (Chairman), Joann Chavez (SVP), Joi Harris (COO), Trevor Lauer (COO), Lisa Muschong (VP), Tracy Myrick (CAO), Matthew Paul (COO), Robert Richard (EVP), Mark Rolling (CAO), Mark Stiers (COO), and David Thomas (Director). Learn More on DTE Energy's active insiders.

Are insiders buying or selling shares of DTE Energy?

During the last year, insiders at the utilities provider sold shares 8 times. They sold a total of 34,793 shares worth more than $3,870,626.33. The most recent insider tranaction occured on June, 5th when Vice Chairman Trevor F Lauer sold 3,500 shares worth more than $402,745.00. Insiders at DTE Energy own 0.6% of the company. Learn More about insider trades at DTE Energy.

Information on this page was last updated on 6/5/2024.

Trevor F. Lauer Insider Trading History at DTE Energy

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
6/5/2024Sell3,500$115.07$402,745.0059,475View SEC Filing Icon  
8/11/2021Sell15,000$120.41$1,806,150.00View SEC Filing Icon  
2/21/2019Sell1,700$122.44$208,148.0019,427View SEC Filing Icon  
8/3/2018Sell3,800$110.02$418,076.0011,989View SEC Filing Icon  
5/2/2017Sell3,800$104.21$395,998.0010,117View SEC Filing Icon  
See Full Table

Trevor F. Lauer Buying and Selling Activity at DTE Energy

This chart shows Trevor F Lauer's buying and selling at DTE Energy by year and by quarter.

Skip ChartChart Data in Insider Trading History Table

DTE Energy Company Overview

DTE Energy logo
DTE Energy Company engages in the utility operations. The company's Electric segment generates, purchases, distributes, and sells electricity to various residential, commercial, and industrial customers in southeastern Michigan. It generates electricity through coal-fired plants, hydroelectric pumped storage, and nuclear plants, as well as wind and solar assets. This segment owns and operates distribution substations and line transformers. The company's Gas segment purchases, stores, transports, distributes, and sells natural gas to various residential, commercial, and industrial customers throughout Michigan; and sells storage and transportation capacity. Its DTE Vantage segment offers metallurgical and petroleum coke to steel and other industries; and power generation, steam production, chilled water production, and wastewater treatment services, as well as air supplies compressed air to industrial customers. Its Energy Trading segment engages in power, natural gas, and environmental marketing and trading; structured transactions; and the optimization of contracted natural gas pipeline transportation and storage positions. The company was founded in 1849 and is based in Detroit, Michigan.
Read More

Today's Range

Now: $122.17
Low: $121.28
High: $122.43

50 Day Range

MA: $124.70
Low: $117.03
High: $129.99

2 Week Range

Now: $122.17
Low: $102.07
High: $131.66

Volume

1,575,801 shs

Average Volume

1,593,866 shs

Market Capitalization

$25.30 billion

P/E Ratio

16.55

Dividend Yield

3.35%

Beta

0.68