The estimated Net Worth of Spencer Abraham is at least $21.7 Milión dollars as of 31 July 2024. Mr. Abraham owns over 33,621 units of PBF Inc stock worth over $21,073,723 and over the last 20 years he sold PBF stock worth over $336,799. In addition, he makes $265,590 as Independent Director at PBF Inc.
Spencer has made over 15 trades of the PBF Inc stock since 2020, according to the Form 4 filled with the SEC. Most recently he exercised 33,621 units of PBF stock worth $1,047,294 on 31 July 2024.
The largest trade he's ever made was exercising 345,000 units of PBF Inc stock on 7 May 2021 worth over $438,150. On average, Spencer trades about 4,488 units every 8 days since 2005. As of 31 July 2024 he still owns at least 676,524 units of PBF Inc stock.
You can see the complete history of Mr. Abraham stock trades at the bottom of the page.
Spencer E. Abraham serves as Independent Director of the Company. Mr. Abraham was a director of PBF LLC from August 2012 to February 2013 and a director of Holding from August 2012 to October 2012. He is the chairman of our Compensation Committee and a member of our Nominating and Corporate Governance Committee. Mr. Abraham is the Chief Executive Officer and Chairman of the international strategic consulting firm The Abraham Group, which he founded in 2005. Prior to starting The Abraham Group, Mr. Abraham served as Secretary of Energy under President George W. Bush from 2001 through January 2005, and was a U.S. Senator for the State of Michigan from 1995 to 2001. Prior to serving as a U.S. Senator, Mr. Abraham held various other public and private sector positions in the public policy arena. Mr. Abraham serves as a director of Occidental Petroleum Corporation, where he is a member of the Compensation Committee and the HSE Committee; NRG Energy, Inc., where he is a member of the Compensation Committee; and Two Harbors, a publicly traded REIT, where he is a member of the Compensation Committee and the Governance Committee. He is the former Chairman of the Board of Uranium Energy Corporation. He was previously a director of ICx Technologies, non-executive Chairman of Areva Inc. and a member of the board of C3 IoT. Mr. Abraham is a trustee of the California Institute of Technology. Mr. Abraham’s extensive political and financial experience in the energy sector, including as the Secretary of Energy of the United States, as a U.S. Senator and as a board member of various public companies in the oil and gas sector, provides him with unique and valuable insights into the industry in which we operate and the markets that we serve and, for these reasons, PBF Energy believes that Mr. Abraham is a valuable member of its Board of Directors.
As the Independent Director of PBF Inc, the total compensation of Spencer Abraham at PBF Inc is $265,590. There are 16 executives at PBF Inc getting paid more, with Thomas Nimbley having the highest compensation of $10,149,400.
Spencer Abraham is 67, he's been the Independent Director of PBF Inc since 2012. There are 8 older and 15 younger executives at PBF Inc. The oldest executive at PBF Energy Inc is Thomas D. O'Malley, 79, who is the Consultant.
Spencer's mailing address filed with the SEC is 804 CARNEGIE CENTER, , PRINCETON, NJ, 08540.
Over the last 12 years, insiders at PBF Inc have traded over $2,975,381,187 worth of PBF Inc stock and bought 20,949,891 units worth $638,858,371 . The most active insiders traders include Holdings Ii L.P.Blackstone ..., Empresarial De Capitales S.... a Reserve Gp Xii Ltd Fr Pbf H.... On average, PBF Inc executives and independent directors trade stock every 33 days with the average trade being worth of $31,414,868. The most recent stock trade was executed by Empresarial De Capitales S.... on 9 September 2024, trading 770,000 units of PBF stock currently worth $24,624,600.
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PBF Inc executives and other stock owners filed with the SEC include: