Ralph A.  LaRossa net worth and biography

Ralph LaRossa Biography and Net Worth

Chair, President & CEO of Public Service Enterprise Group
Ralph A. LaRossa was elected chief operating officer of Public Service Enterprise Group Inc., effective January 2020. In this role, he is responsible for overseeing all of the operating businesses of PSEG, including Public Service Electric & Gas, PSEG Long Island, PSEG Power and PSEG Services Corp.  Mr. LaRossa is a member of PSEG’s Executive Officer Group.

Mr. LaRossa has been president and COO of PSEG Power since June 2017, a position he continues to hold. PSEG Power is a major, unregulated independent power producer in the United States with four main subsidiaries: PSEG Nuclear, PSEG Fossil, PSEG Energy Resources and Trade and PSEG Power Ventures.

In addition, Mr. LaRossa was appointed chairman of the board of PSEG Long Island in November 2020. PSEG Long Island is a New York subsidiary of Public Service Enterprise Group Incorporated (PSEG), which has been managing the electric transmission and distribution systems on Long Island and in the Rockaways since January 2014.  PSEG Long Island serves 1.1 million customers.

Previously, he served as president and COO of PSE&G, PSEG’s regulated utility business, since October 2006. 

He is a graduate of Stevens Institute of Technology.  In addition, Mr. LaRossa has completed the Harvard Business School’s Program for Management Development and MIT’s Reactor Technology Course for Utility Executives. 

Mr. LaRossa is chairman of Choose New Jersey and serves on its board. In addition, he is a member of the board for Montclair State University and is a past chair of the American Gas Association.

What is Ralph A. LaRossa's net worth?

The estimated net worth of Ralph A. LaRossa is at least $10.33 million as of February 3rd, 2025. Mr. LaRossa owns 126,791 shares of Public Service Enterprise Group stock worth more than $10,331,184 as of March 26th. This net worth estimate does not reflect any other investments that Mr. LaRossa may own. Additionally, Mr. LaRossa receives an annual salary of $3,170,000.00 as Chair, President & CEO at Public Service Enterprise Group. Learn More about Ralph A. LaRossa's net worth.

How old is Ralph A. LaRossa?

Mr. LaRossa is currently 61 years old. There are 5 older executives and no younger executives at Public Service Enterprise Group. Learn More on Ralph A. LaRossa's age.

What is Ralph A. LaRossa's salary?

As the Chair, President & CEO of Public Service Enterprise Group Incorporated, Mr. LaRossa earns $3,170,000.00 per year. Learn More on Ralph A. LaRossa's salary.

How do I contact Ralph A. LaRossa?

The corporate mailing address for Mr. LaRossa 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 carlotta.chan@pseg.com. Learn More on Ralph A. LaRossa's contact information.

Has Ralph A. LaRossa been buying or selling shares of Public Service Enterprise Group?

Over the course of the past ninety days, Ralph A. LaRossa has sold $231,517.78 of Public Service Enterprise Group stock. Most recently, Ralph A. Larossa sold 1,378 shares of the business's stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $83.10, for a transaction totalling $114,511.80. Following the completion of the sale, the chief executive officer now directly owns 126,791 shares of the company's stock, valued at $10,536,332.10. Learn More on Ralph A. LaRossa'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 12 times. They sold a total of 53,570 shares worth more than $4,434,313.40. The most recent insider tranaction occured on February, 3rd when CEO Ralph A Larossa sold 1,378 shares worth more than $114,511.80. 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 2/3/2025.

Ralph A. LaRossa Insider Trading History at Public Service Enterprise Group

Ralph A. LaRossa Buying and Selling Activity at Public Service Enterprise Group

This chart shows Ralph A Larossa's buying and selling at Public Service Enterprise Group by year and by quarter.

Skip ChartChart Data in Insider Trading History Table
2022202320242025$0bought$232ksoldQ1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1-$500k$0$500kTotal Insider BuyingTotal Insider Selling

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: $81.48
Low: $81.06
High: $81.87

50 Day Range

MA: $83.41
Low: $78.11
High: $90.47

2 Week Range

Now: $81.48
Low: $64.03
High: $95.22

Volume

2,168,468 shs

Average Volume

2,534,548 shs

Market Capitalization

$40.62 billion

P/E Ratio

20.02

Dividend Yield

3.03%

Beta

0.6