Kim C.  Hanemann net worth and biography

Kim Hanemann Biography and Net Worth

President and COO, Public Service Electric and Gas Company of Public Service Enterprise Group

Kim Hanemann was named president and chief operating officer of Public Service Electric and Gas Company (PSE&G), effective June 30, 2021. Headquartered in Newark, New Jersey, PSE&G is one of the largest combined electric and gas companies in the United States and is New Jersey’s oldest and largest publicly owned utility, serving approximately 2.6 million customers, nearly three-quarters of the state’s population. PSE&G is the largest subsidiary of Public Service Enterprise Group (PSEG). Ms. Hanemann is a member of PSEG's Senior Executive Team.

Previously, she was PSE&G’s senior vice president and chief operating officer. In that role, she was responsible for PSE&G’s electric, gas and customer operations, as well as the company’s asset management and centralized services organization.  She also oversaw the on-time, on-scope and on-budget execution of the company’s large construction projects.

Prior to being named chief operating officer in January 2020, Ms. Hanemann held numerous leadership positions in both electric and gas field operations and in utility support operations.

Ms. Hanemann is a member of the board of directors of Middlesex Water Co., the New Jersey Chamber of Commerce, and the New Jersey Utilities Association. She was previously a member of the board of trustees of Children’s Specialized Hospital.

A graduate of Lehigh University with a bachelor’s degree in mechanical engineering, Ms. Hanemann also holds a Master of Business Administration from the Rutgers Graduate School of Management.

What is Kim C. Hanemann's net worth?

The estimated net worth of Kim C. Hanemann is at least $5.96 million as of November 19th, 2024. Ms. Hanemann owns 70,011 shares of Public Service Enterprise Group stock worth more than $5,955,136 as of December 21st. This net worth estimate does not reflect any other investments that Ms. Hanemann may own. Additionally, Ms. Hanemann receives an annual salary of $1,320,000.00 as President and COO, Public Service Electric and Gas Company at Public Service Enterprise Group. Learn More about Kim C. Hanemann's net worth.

How old is Kim C. Hanemann?

Ms. Hanemann is currently 60 years old. There are 4 older executives and no younger executives at Public Service Enterprise Group. The oldest executive at Public Service Enterprise Group is Mr. Richard T. Thigpen, Senior Vice President of Corporate Citizenship, who is 63 years old. Learn More on Kim C. Hanemann's age.

What is Kim C. Hanemann's salary?

As the President and COO, Public Service Electric and Gas Company of Public Service Enterprise Group Incorporated, Ms. Hanemann earns $1,320,000.00 per year. There are 3 executives that earn more than Ms. Hanemann. The highest earning executive at Public Service Enterprise Group is Mr. Ralph A. LaRossa, Chair, President & CEO, who commands a salary of $3,170,000.00 per year. Learn More on Kim C. Hanemann's salary.

How do I contact Kim C. Hanemann?

The corporate mailing address for Ms. Hanemann and other Public Service Enterprise Group executives is 80 PARK PLAZA, NEWARK NJ, 07102. Public Service Enterprise Group can also be reached via phone at (973) 430-7000 and via email at [email protected]. Learn More on Kim C. Hanemann's contact information.

Has Kim C. Hanemann been buying or selling shares of Public Service Enterprise Group?

During the last ninety days, Kim C. Hanemann has sold $86,126.04 in Public Service Enterprise Group stock. Most recently, Kim C. Hanemann sold 956 shares of the business's stock in a transaction on Tuesday, November 19th. The shares were sold at an average price of $90.09, for a transaction totalling $86,126.04. Following the completion of the sale, the chief operating officer now directly owns 70,011 shares of the company's stock, valued at $6,307,290.99. Learn More on Kim C. Hanemann's trading history.

Who are Public Service Enterprise Group's active insiders?

Public Service Enterprise Group's insider roster includes Rose Chernick (VP), Daniel Cregg (CFO), Kim Hanemann (President and COO, Public Service Electric and Gas Company), Ralph Izzo (CEO), Ralph LaRossa (Chair, President & CEO), Tamara Linde (EVP), and Richard Thigpen (SVP). Learn More on Public Service Enterprise Group's active insiders.

Are insiders buying or selling shares of Public Service Enterprise Group?

During the last twelve months, insiders at the utilities provider sold shares 15 times. They sold a total of 57,588 shares worth more than $4,634,063.62. The most recent insider tranaction occured on November, 19th when COO Kim C Hanemann sold 956 shares worth more than $86,126.04. Insiders at Public Service Enterprise Group own 0.6% of the company. Learn More about insider trades at Public Service Enterprise Group.

Information on this page was last updated on 11/19/2024.

Kim C. Hanemann Insider Trading History at Public Service Enterprise Group

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
11/19/2024Sell956$90.09$86,126.0470,011View SEC Filing Icon  
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Kim C. Hanemann Buying and Selling Activity at Public Service Enterprise Group

This chart shows Kim C Hanemann's buying and selling at Public Service Enterprise Group by year and by quarter.

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Public Service Enterprise Group Company Overview

Public Service Enterprise Group logo
Public Service Enterprise Group Incorporated, through its subsidiaries, operates in electric and gas utility business in the United States. It operates through PSE&G and PSEG Power segments. The PSE&G segment transmits electricity; distributes electricity and natural gas to residential, commercial, and industrial customers; and appliance services and repairs to customers through its service territory, as well as invests in solar generation projects, and energy efficiency and related programs. The PSEG Power segment engages in nuclear generation businesses; and supplies power and natural gas to nuclear power plants and gas storage facilities activities. As of December 31, 2023, it had electric transmission and distribution system of 25,000 circuit miles and 866,600 poles; 56 switching stations with an installed capacity of 39,953 megavolt-amperes (MVA), and 235 substations with an installed capacity of 10,382 MVA; 109 MVA aggregate installed capacity for substations; four electric distribution headquarters and five electric sub-headquarters; 18,000 miles of gas mains, 12 gas distribution headquarters, two sub-headquarters, and one meter shop, as well as 56 natural gas metering and regulating stations; and 158 MegaWatts defined conditions of installed PV solar capacity. Public Service Enterprise Group Incorporated was founded in 1903 and is based in Newark, New Jersey.
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Today's Range

Now: $85.06
Low: $82.13
High: $85.18

50 Day Range

MA: $88.72
Low: $81.87
High: $94.51

2 Week Range

Now: $85.06
Low: $56.85
High: $95.22

Volume

5,757,651 shs

Average Volume

2,756,389 shs

Market Capitalization

$42.38 billion

P/E Ratio

20.90

Dividend Yield

2.79%

Beta

0.62