Robert Smith Biography and Net Worth



Robert (Bob) Smith is executive vice president, general counsel and chief development officer of Pinnacle West Capital Corporation and its primary subsidiary, Arizona Public Service Company (APS).

Smith is responsible for overseeing all facets of the company’s legal affairs, governance function and the company’s strategies and growth plans.

He has nearly 30 years of energy industry and legal experience. Prior to Pinnacle West, Smith served as senior vice president and general counsel of Columbia Pipeline Group, where he led the company’s merger with TransCanada Corporation, which was completed in 2016.

Prior to Columbia, Smith worked for NiSource, Inc., as vice president, deputy general counsel and corporate secretary. He has also worked for Progress Energy (now Duke Energy) as associate general counsel and the Mirant Corporation as securities counsel and assistant secretary.

Smith earned his law degree from The Ohio State University and completed his bachelor’s degree in history and political science at the University of South Alabama.

He currently serves as chair of the board of directors for Global Action, an international compassion and leader training organization, and on the board of directors of the Musical Instrument Museum located in Phoenix, AZ. Smith is active with the Sustainable Missions Project, which aims to help visionary leaders in developing nations transform their communities through bi-vocational work and training that supports their mission over the long-term.  He also serves on the board of the National Association of Manufacturers and on the Business Advisory Council for the Arizona Attorney General’s Office.

What is Robert Edgar Smith's net worth?

The estimated net worth of Robert Edgar Smith is at least $561,720.57 as of August 9th, 2024. Mr. Smith owns 6,397 shares of Pinnacle West Capital stock worth more than $561,721 as of October 31st. This net worth approximation does not reflect any other assets that Mr. Smith may own. Additionally, Mr. Smith receives a salary of $1,460,000.00 as EVP at Pinnacle West Capital. Learn More about Robert Edgar Smith's net worth.

How old is Robert Edgar Smith?

Mr. Smith is currently 54 years old. There are 5 older executives and no younger executives at Pinnacle West Capital. The oldest executive at Pinnacle West Capital is Mr. Adam C. Heflin, EVP & Chief Nuclear Officer of Palo Verde Generating Station of Arizona Public Service Company, who is 59 years old. Learn More on Robert Edgar Smith's age.

What is Robert Edgar Smith's salary?

As the EVP of Pinnacle West Capital Co., Mr. Smith earns $1,460,000.00 per year. There are 3 executives that earn more than Mr. Smith. The highest earning executive at Pinnacle West Capital is Mr. Jeffrey B. Guldner, Chairman, President & CEO, who commands a salary of $3,040,000.00 per year. Learn More on Robert Edgar Smith's salary.

How do I contact Robert Edgar Smith?

The corporate mailing address for Mr. Smith and other Pinnacle West Capital executives is 400 NORTH FIFTH STREET MS8695, PHOENIX AZ, 85072. Pinnacle West Capital can also be reached via phone at (602) 250-1000 and via email at [email protected]. Learn More on Robert Edgar Smith's contact information.

Has Robert Edgar Smith been buying or selling shares of Pinnacle West Capital?

Robert Edgar Smith has not been actively trading shares of Pinnacle West Capital over the course of the past ninety days. Most recently, Robert Edgar Smith sold 4,950 shares of the business's stock in a transaction on Friday, August 9th. The shares were sold at an average price of $85.80, for a transaction totalling $424,710.00. Following the completion of the sale, the executive vice president now directly owns 6,397 shares of the company's stock, valued at $548,862.60. Learn More on Robert Edgar Smith's trading history.

Who are Pinnacle West Capital's active insiders?

Pinnacle West Capital's insider roster includes Susan Flanagan (Director), Theodore Geisler (insider), James Hatfield (CEO), Barbara Lockwood (SVP), Kathryn Munro (Director), and Robert Smith (EVP). Learn More on Pinnacle West Capital's active insiders.

Are insiders buying or selling shares of Pinnacle West Capital?

During the last year, Pinnacle West Capital insiders bought shares 1 times. They purchased a total of 500 shares worth more than $43,270.00. During the last year, insiders at the utilities provider sold shares 2 times. They sold a total of 6,560 shares worth more than $546,989.50. The most recent insider tranaction occured on August, 9th when EVP Robert Edgar Smith sold 4,950 shares worth more than $424,710.00. Insiders at Pinnacle West Capital own 0.2% of the company. Learn More about insider trades at Pinnacle West Capital.

Information on this page was last updated on 8/9/2024.

Robert Edgar Smith Insider Trading History at Pinnacle West Capital

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
8/9/2024Sell4,950$85.80$424,710.006,397View SEC Filing Icon  
12/8/2023Sell1,610$75.95$122,279.509,178View SEC Filing Icon  
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Robert Edgar Smith Buying and Selling Activity at Pinnacle West Capital

This chart shows Robert Edgar Smith's buying and selling at Pinnacle West Capital by year and by quarter.

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Pinnacle West Capital Company Overview

Pinnacle West Capital logo
Pinnacle West Capital Corporation, through its subsidiary, provides retail and wholesale electric services primarily in the state of Arizona. The company engages in the generation, transmission, and distribution of electricity using coal, nuclear, gas, oil, and solar generating facilities. Its transmission facilities include overhead lines and underground lines; and distribution facilities consist of overhead lines and underground primary cables. The company also owns and maintains transmission and distribution substations; and owns energy storage facilities. Pinnacle West Capital Corporation was incorporated in 1985 and is headquartered in Phoenix, Arizona.
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Today's Range

Now: $87.81
Low: $87.52
High: $88.50

50 Day Range

MA: $88.27
Low: $85.52
High: $91.29

2 Week Range

Now: $87.81
Low: $65.20
High: $91.57

Volume

1,212,368 shs

Average Volume

1,126,976 shs

Market Capitalization

$9.98 billion

P/E Ratio

16.23

Dividend Yield

3.99%

Beta

0.52