John R.  Hewitt net worth and biography

John Hewitt Biography and Net Worth

John R. Hewitt, age 61, was appointed as President and Chief Executive Officer and as a director of the Company in May 2011. Mr. Hewitt has spent his entire career in the engineering, procurement, and construction industry. Prior to joining Matrix in May 2011, Mr. Hewitt worked for approximately 25 years for various operating businesses of Aker Solutions ASA (“Aker”) and its predecessor companies, which provide engineering and construction services, technology products, and integrated solutions to the energy and process industries worldwide. Up until his appointment with the Company, Mr. Hewitt served as Vice President of Aker Solutions, where he was responsible for providing executive oversight on major capital projects in the power and liquefied natural gas industries. He also served as President, United States Operations at Aker Solutions E&C US, Inc. from 2007 to 2009 where he was responsible for managing all construction services in North America. Prior to that, he served as President of Aker Construction Inc. where he had full profit and loss responsibility for a multi-disciplined direct hire industrial construction business operating throughout North America. Mr. Hewitt holds a finance degree from Stetson University and an engineering degree from the Florida Institute of Technology. Mr. Hewitt is a member of the board of directors of Junior Achievement of Oklahoma, the Tulsa Area United Way, the Tulsa Area Salvation Army and the Philbrook Museum of Art. Mr. Hewitt also serves as an executive board member of the Tulsa Regional Chamber of Commerce.

As the current President and CEO of the Company, Mr. Hewitt provides a management representative on the Board with extensive knowledge of day-to-day operations. As a result, he can facilitate the Board’s access to timely and relevant information and its oversight of management’s strategy, planning and performance. In addition, Mr. Hewitt brings to the Board considerable management and leadership experience, extensive knowledge of the energy industry and our business, and significant experience with mergers and acquisitions.

What is John R. Hewitt's net worth?

The estimated net worth of John R. Hewitt is at least $5.37 million as of March 20th, 2024. Mr. Hewitt owns 477,891 shares of Matrix Service stock worth more than $5,366,716 as of October 31st. This net worth estimate does not reflect any other assets that Mr. Hewitt may own. Additionally, Mr. Hewitt receives a salary of $836,850.00 as CEO at Matrix Service. Learn More about John R. Hewitt's net worth.

How old is John R. Hewitt?

Mr. Hewitt is currently 66 years old. There are 6 older executives and no younger executives at Matrix Service. Learn More on John R. Hewitt's age.

What is John R. Hewitt's salary?

As the CEO of Matrix Service, Mr. Hewitt earns $836,850.00 per year. Learn More on John R. Hewitt's salary.

How do I contact John R. Hewitt?

The corporate mailing address for Mr. Hewitt and other Matrix Service executives is 5100 EAST SKELLY DRIVE SUITE 500, TULSA OK, 74135. Matrix Service can also be reached via phone at (918) 838-8822 and via email at [email protected]. Learn More on John R. Hewitt's contact information.

Has John R. Hewitt been buying or selling shares of Matrix Service?

John R. Hewitt has not been actively trading shares of Matrix Service in the last ninety days. Most recently, John R. Hewitt sold 10,000 shares of the business's stock in a transaction on Wednesday, March 20th. The shares were sold at an average price of $13.25, for a transaction totalling $132,500.00. Following the completion of the sale, the chief executive officer now directly owns 477,891 shares of the company's stock, valued at $6,332,055.75. Learn More on John R. Hewitt's trading history.

Who are Matrix Service's active insiders?

Matrix Service's insider roster includes Kevin Cavanah (CFO), John Chandler (Director), Kevin Durkin (VP), John Hewitt (CEO), and Justin Sheets (VP). Learn More on Matrix Service's active insiders.

Are insiders buying or selling shares of Matrix Service?

During the last twelve months, insiders at the sold shares 5 times. They sold a total of 31,761 shares worth more than $378,888.93. The most recent insider tranaction occured on March, 22nd when VP Kevin A Durkin sold 3,900 shares worth more than $51,246.00. Insiders at Matrix Service own 4.1% of the company. Learn More about insider trades at Matrix Service.

Information on this page was last updated on 3/22/2024.

John R. Hewitt Insider Trading History at Matrix Service

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
3/20/2024Sell10,000$13.25$132,500.00477,891View SEC Filing Icon  
9/29/2023Sell7,500$12.00$90,000.00487,891View SEC Filing Icon  
12/22/2021Buy10,000$6.97$69,700.00View SEC Filing Icon  
6/15/2018Sell62,500$19.28$1,205,000.00261,213View SEC Filing Icon  
6/13/2018Sell17,816$19.25$342,958.00261,213View SEC Filing Icon  
12/15/2017Sell5,000$17.66$88,300.00283,529View SEC Filing Icon  
9/30/2016Sell14,043$18.75$263,306.25231,147View SEC Filing Icon  
9/12/2016Sell15,957$19.02$303,502.14View SEC Filing Icon  
See Full Table

John R. Hewitt Buying and Selling Activity at Matrix Service

This chart shows John R Hewitt's buying and selling at Matrix Service by year and by quarter.

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Matrix Service Company Overview

Matrix Service logo
Matrix Service Company provides engineering, fabrication, construction, and maintenance services to support critical energy infrastructure and industrial markets in the United States, Canada, and internationally. It operates through three segments: Utility and Power Infrastructure; Process and Industrial Facilities; and Storage and Terminal Solutions. The Utility and Power Infrastructure segment offers power delivery services, including construction of new substations, upgrades of existing substations, transmission and distribution line installations, and upgrades and maintenance, and emergency and storm restoration services. This segment also provides engineering, fabrication, and construction services for LNG utility peak shaving facilities; and construction and maintenance services to power generation facilities, including natural gas fired facilities. The Process and Industrial Facilities segment engages in the refining and processing of crude oil; fractionating and marketing of natural, gas and natural gas liquids; and offers plant maintenance, turnarounds, engineering, industrial cleaning services, and capital construction services. The Storage and Terminal Solutions segment undertakes work related to aboveground crude oil and refined product storage tanks and terminals; engineering, procurement, fabrication, and construction services related to cryogenic and other specialty tanks and terminals for LNG, NGLs, hydrogen, ammonia, propane, butane, liquid nitrogen/liquid oxygen, and liquid petroleum; and provides plant work, truck and rail loading/offloading facilities, and marine structures, as well as storage tank and terminal maintenance and repair. This segment also manufactures and sells precision engineered specialty tank products, including geodesic domes, aluminum internal floating roofs, floating suction and skimmer systems, roof drain systems, and floating roof seals. Matrix Service Company was founded in 1984 and is headquartered in Tulsa, Oklahoma.
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Today's Range

Now: $11.23
Low: $11.08
High: $11.35

50 Day Range

MA: $10.86
Low: $9.14
High: $11.85

2 Week Range

Now: $11.23
Low: $8.61
High: $13.90

Volume

87,167 shs

Average Volume

220,532 shs

Market Capitalization

$309.36 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.26