The former Maersk Oil CEO knows her business is fossil fuels but she doesnt shy away from the existential crisis facing her industry. Taxes were subtracted from stock sales when that information was available. It takes a special kind of breed., On HoustonChronicle.com: Shell makes big Gulf of Mexico oil discovery. sale Yet many new energy projects arent as profitable or lucrative yet as the company would like, Watkins said, and the company will have to see profits rise before investing more heavily in renewables, she said. Since being named to this post in January 2019, she has become the company's leading voice in the engagement of public and private leaders across a wide . Shell aiming for net-zero emissions by 2050, in step with society Hes also dabbling in real estate. Today nearly one in 20 families here is worth at least $1 million. But most of our entrepreneurs endureand profit. 71, Manchester-by-the-Sea; chair and CEO, H. P. Hood; president, the Catamount Companies$600 million. Related: 'RHOC': Tamra Judge Likes Tweets Begging Her To Save The Show. He also has stakes in movie theaters, ski resorts, and restaurants including John Harvards Brew House. She was really good at doing the job that actually crossed a lot of business segments. Those successes pushed his net worth to a peak of $13 billion, making him the wealthiest Indian on earth. Shell executive balances two energy worlds. Smith used to play tennis with Bob Kraft (No. She previously worked for Maersk Oil and Gas, a Danish oil and gas company, where she held the roles of Chief Executive Officer from 2016 to 2018, and Chief Operating Officer from 2014 to 2016. . Chambers, who never went to college, was a Dorchester boy just out of the Navy when he talked his way into a job fixing copy machines in Cambridge. But on a single day that year, he exercised more than 1.8 million stock options at $4.07 a share, according to SEC filings. 62, Brookline; former CEO and chair, Reebok International$1.1 billion. 1 hit on the Billboard country chart and won a Grammy. By the time he was 22, he had started his own copier distribution company, which he eventually sold for $80 million. The Greater Houston Partnership has launched Rise to the Top, a new podcastwhich aims to amplify the insight of accomplished female leaders in the Houston region. Other names that Gretchen uses includes Gretchen Vanopdorp, Gretchen Alisha Watkins, Grethen Watkins, Gretchen Britt and Gretchen A Watkins. . Hear from HR leaders about best practices. Although Shell will likely focus on building that terminal for several years before moving on to any other LNG investments in North America, Watkins said liquefied natural gas will play in increasingly important role in generating cash flow after 2030. The actress, Gretchen Bonaduce, holds a net worth of $300,000. Watkins is the former CEO of Maersk Oil. She had other worthy prospects, including staying at Total or entering private equity. Manning also serves on the boards of Beth Israel Deaconess and the JFK Library Foundation. Ms. Watkins holds a bachelor of science degree in Mechanical Engineering from The Pennsylvania State University. Dont begrudge Berthiaume his wealth; his investors dont. Shell is working to ensure a reliable, accessible, and secure energy supply for the United States and the world, while helping society move toward a lower-carbon future. 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Unlike the virtual billionaires, titans of manufacturing continue to prosper. Refer a Friend and Earn One Month of Free Membership. sale Edward G Watkins III, The 400 Richest Americans - Forbes.com Gretchen Watkins President, Shell USA, Inc. Over the past 18 months, In this file photo, the hull of a massive deep-water platform owned by Royal Dutch Shell left South Korean shipyards as it set off for Texas. More Now, at 74, hes slowly taking himself out of the game. sale 79, Brookline; Peterborough, NH; and Providence, RI; chair, East Hill Management$316 million. Shell aiming for net-zero emissions by 2050, in step with society Dec 11, 2020 Appointed CEO in October 2016 following two years as Chief Operating Officer, Gretchen's tenure at Maersk coincided with a low-price environment for oil, but under her leadership the company delivered above-target operational and financial results. She then worked as a Trading Manager for Amoco and BP before commencing an international career that has included a variety of senior executive roles at BP, Marathon Oil, and Maersk Oil in North America, Europe, and Asia. KelsC. An armchair mathematicianeven though he majored in English at Harvardhe underwrote the Clay Mathematics Institute in Cambridge, which is offering $1 million for each answer to seven of the most significant unsolved math problems (a Russian mathematician is said to be close to solving one). The son of an Everett cop, Joe ODonnell started in business renting out tuxes for the Malden Catholic prom. Stay up-to-date on whats happening with the Partnership and Greater Houston region by opting-in to receive information on upcoming events, news, data releases and more. Sr. VP & Gen Counsel & Corp Sec Philip Eugene Bauer Dear Gretchen, All . Website. Gretchen Watkins Net Worth Gretchen Watkins biography. Gretchen Watkins Salary Infomation 2021 | ERI Economic Research Institute Shell has named Gretchen Watkins as the new president of its North American operations in Houston. 51, Weston; managing director, Bain Capital$410 million. . The most active insiders traders include S.A.Vale Fertilizer Netherl, Douglas A Pertz, and James Calvin O'rourke. How we compiled the list. NextEra Energy Resources:NextEra Energy Services is a leading retail supplier of affordable electricity services for residential and commercial customers in competitive markets across North America. In April 2022, President Gretchen Watkins . 8)Weiner has profited nicely from New Englanders irresistible need to shop in temperature-controlled comfort: He helms 70 shopping centers, including his new crown jewel, the Derby Street Shoppes in Hingham. Gretchen's reported annual income is about $10 - 19,999; with a net worth that tops $1 - $4,999. Gretchen Watkins Net Worth (2022) | wallmine Druker is exceptional, his competitors say, because he carries little debt on the 50-odd hotels and apartment buildings he owns or manages. Watkins, who has extensive experience in shale production, sees natural gas as key to the energy transition. Gretchen talks about her career path as a woman in the energy industry, what it's like to balance competing demands as a female . Of course, thats one-third of a company still valued at almost $1 billion. He spearheaded one of the most successful deals in buyout history while still learning his trade at Thomas H. Lee Partners, buying Snapple for $135 million and flipping it two years later for $1.7 billion. Casino baron Sheldon Adelson, who once drove his purple Rolls-Royce home to Newton, took his $15.6 billion to Las Vegas, where he owns the Venetian. The first episode of Rise to the Top features Shell Oil Company President Gretchen Watkins. Shes since started a foundation to support women in politics, hosted a $500,000 fundraiser in October for Hillary Clinton and the three other women U.S. senators up for reelection, and given the first $5 million toward the new $62 million ICA, whose capital campaign she cochairs. Other key executives at Marathon Oil Corp include Johnson is reportedly the companys single-biggest shareholder, and the fast-expanding employer services division she now oversees represents more than half its assets under management. Gretchen Johnson Richard Dawson's Wife- Net Worth, Age, Kids, Wiki PDF Gretchen Watkins - Council on Foreign Relations . and Women's Equality Day celebrates the adoption of the 19th Amendment in 1920, which gave American women the right to vote. Formed in 2004 by the combination of IMC Global and Cargill's fertilizer business, Mosaic is a leading producer of primary crop nutrients phosphate and potash. 55, Cambridge; director, Women and Public Policy Program, Harvard University$407 million. Shell supports the direct regulation of methane - here's why - LinkedIn That includes better linking and coordinating efforts already underway across the country. Gretchen Watkins is 65 years old and was born on 11/23/1956. Druker, whose father built the Colonnade, has added to the family portfolio with the Heritage on the Garden and the Colonnade Residences, once home to Kevin Millar and Trot Nixon. At the end of 2022, the company reported net proved reserves of 1.3 billion barrels of oil equivalent. Though investors balked at his estimated $50 million retirement package, he did increase GEs worth by $400 billion during his two decades as CEO, making it for a time the most valuable corporation in the world. Website. . Gretchen Watkins Net Worth (2023) | wallmine Related: Texas leads nation in greenhouse gas emissions. 64, Boston and Old Lyme, CT; president, the Herb Chambers Companies$1.8 billion. In summary, during the past 3 months, insiders sold 5,000 shares of Marathon Oil Corp (MRO) in total and bought 0 shares, with a net In this episode of the Partnership's Rise to the Top podcast, we're speaking with Elizabeth Killinger,President of Reliant and Executive Vice President of NRG. :GETCHOICE! , , And so I believe Shell will continue to be leading in that arena, she said. (Its no big deal, Mrs. Kerry has remarked: Everybody has a prenup.) And since Kerry couldnt use any of Teresas considerable assets in his presidential bid, he was reduced to taking out a $6.4 million mortgage on their 170-year-old Beacon Hill townhouse (five bedrooms, eight baths, 169 light fixtures). Reaching net zero isn't an easy challenge to face, but we can achieve it together. . The war in Ukraine and the global energy disruption caused by the invasion underscores the need to accelerate the energy transition, but also the critical role hydrocarbons will play. How We Did This: We combed through 18,000 pages of documents to calculate these estimates, including annual reports, proxy statements and other SEC filings, court papers, and real estate records. Hes unapologetic about falling for Suzywhose ring finger carries 10.8 carats of diamondswhile still married to his second wife, though said wife is rumored to have diminished his fortune by more than $100 million in the divorce (the settlement remains sealed). He can afford it. Trained at MIT as an engineer, Linde was smart enough to go into commercial real estate instead. During the past 18 months, 34,403,673 shares of The Mosaic Co (MOS) were sold and 31,200 shares were bought by its insiders, resulting in a net empowers its clients to gain deeper insights into consumption and usage patterns, pricing trends, infrastructure requirements, and sustainability progress. Watkins, 50, went from living in a country whose leaders are debating ambitious new climate laws to a city whose fate is tied to the proliferation of fossil fuels. Friday, Jan . Now the biotech firm has a payroll of more than 8,000 in 70 offices and plants worldwide, making it the third-largest company of its kind. Women's Equality Day celebrates the adoption of the 19th Amendment in 1920, which gave American women the right to vote. Court Records; Reviews; Contact . Sahin owned 100 percent of his billing software company, which he sold to Lucent Technologies for a cool $1.48 billion (he gave $100 million to his alma mater, MIT, tied for the largest gift ever received by the school). That seemingly means Arthur S.s family will hang on to the controlling interest in the Demoulas Super Markets company a judge took away from cousin Arthur T.s side. The Greater Houston Partnership welcomed 13 new member companies in the month of March. Smiths father gave him a head start on his bank account by founding a small chain of theaters in the 1920s that would become General Cinema. It featured nearly 200 masterpieces from Kochs art collection, including works by Monet, Czanne, and Picasso, and two of his yachtsthe one he skippered to victory in the 1992 Americas Cup, and the one that came in second, which he bought after the race. Gretchen Watkins family was living an idyllic life in Copenhagen, where bicycles outnumber cars on many the citys roadways. Why Houston? 67, Andover and Naples, Fl; director, Watts Water Technologies$283 million. Along the way, well explore some of the places and experiences that make this region unique. , Now he is the sole owner of Tiax, a technology research and development firm that operates 50 labs in Cambridge and California. Prior to joining Maersk, Ms. Watkins held senior executive roles at BP and Marathon Oil Company with posts in North America, Europe and Asia. 40) before him, Vinik made his name running Fidelitys Magellan Fund. Last December, Shell became the first oil major to link progress on its climate change target to its executives pay and earlier the company said it wants to halve its net carbon footprint by 2050. Optimum Consultancy Services:OptimumConsultancy Services is a modern Software Solutions and Services firm, transforming businesses through the power of People, Technology, and Automated Processes. I am excited about tackling these challenges as President of Shell USA, Inc. Before joining Shell in May 2018, I served as CEO of Maersk Oil. Gretchen H. Watkins serves as Director of the Company. 56, Andover; CEO, chair, and president, Waters Corporation$314 million. But Watkins said she was drawn to what she called three pillars at Shell: a strong investment case, stewardship with the community and thriving through the energy transition. | Greater Houston Partnership, Public Policy | Greater Houston Partnership, Become a Member | Greater Houston Partnership, Living in Houston | Greater Houston Partnership, Houston Data, Insight and Analysis | Greater Houston Partnership. I believe fossil fuels are going to continue to be vitally important to the world beyond 2030. But money cant buy everything. 76, Wayland; founder and chair, Bose$1.2 billion. Stembergs, and is busy behind the scenes of several companies. During Gretchen's halfway point in the series, her . Any darn mule can kick down a barn, Johnson wrote to investors. In December, the company announced a new offshore wind project in New Jersey, adding to its portfolio of six operating wind projects and an offshore wind park in the Netherlands. There clearly are still fortunes to be made in such necessities as real estate and healthcare. She also shares insight on diversity, equity and inclusion as the co-chair of the Partnership's Racial Equity Committee. Today, though Vicors share price has yo-yoed since its 1991 IPOVinciarelli once lost $408 million in a weekthe companys stock is rebounding. Last years MFA show Things I Love: The Many Collections of William I. Koch was both cheered and jeered (monumentally egomaniacal, one critic called it). 69, Concord; director, Boston Scientific$3.3 billion. Gretchen Watkins is 87 years old and was born on 10/20/1934. Its $3.5 billion pitch last year to buy the entire NHL is the rare Bain idea that didnt work out. And he and cofounder Desh Deshpande (No. Atkins, a global engineering consultancy. An avid golfer, Fireman already has a second career teed up: His New Jersey golf course, said to be the most expensive ever built, is scheduled to open July 4. The most recent stock trade was executed by Benjamin James Pratt on 1 April 2023, trading 14,837 units of MOS stock currently worth $635,617. Gretchen Watkins President, Shell USA, Inc. Launched on August 26 in recognition of Women's Equality Day, the new podcast hosted by Partnership Board Chair and Deloitte Managing PartnerAmy Chronis features compelling guests each month who will share details of their personal journey as well as how their organization is making an impact in Houston. We have so much yet to do as an industry. Over the past 18 months, Then he turned around and sold them all, grossing roughly $16 million. If you're a human and see this, please ignore it. 56, Brookline and Boca Raton, FL; principal owner, New England Sports Ventures; founder and chair, John W. Henry & Company$840 million. 64, Chestnut Hill; president, J. W. Childs Associates$1.2 billion. He didnt do so badly for himself, either. 2004-2023 GuruFocus.com, LLC. Shelly Loraine Kearns By: Rishav Jun 9, 2022. Gretchen talks about her career path as a woman in the energy industry, what it's like to balance competing demands as a female professional and how Shell is working to lead on energy transition. Berthiaume, who has run lab-equipment maker Waters since it was spun off from Millipore in 1994, collected just $650,000 in salary in 2004. Over the last 19 years, insiders at Mosaic have traded over $1,279,456,696 worth of Mosaic stock and bought 249,718 units worth $5,871,276 Net Worth of Gretchen Bonaduce. Fishs fingerprints are all over the state: He put up the $10.7 million Seiji Ozawa Hall at Tanglewood, managed the $147 million John Adams Courthouse renovation, and is building the $278 million Mandarin Oriental and the $150 million Westin Boston Waterfront hotel. And though Horne retired in 2002, his family still controls more than 40 percent of the companys stock. At his alma mater, Duke, for example, $20 million got him the Nicholas School of the Environment and Earth Sciences in 1995 (hes gone on to donate another $100 million to the university). (Sadly, the exhibit didnt include any specimens from his 35,000-bottle wine collection.) of 54,555 shares made by Mark J. Isaacson and Gretchen's relationship status is single. However, the 3 buckets are not independent of each other. Currently, Gretchen lives in New Canaan, CT. Gretchen S Walkins and Gretchen S Watkins are some of the alias or nicknames that Gretchen has used. Now hes plowing some of his fortune back into causes including the Boston Pops, whose big Presidents at Pops event he chaired last year. Since being named to this post in 2018, she has become the company's leading voice, with public and private leaders, Theyve worked together ever since on projects including the new Mandarin Oriental. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. She has gathered her fortunes from her career as an actress, producer, singer, and now proprietor. 64, Boston and Palm Beach, FL; founder, S. R. Weiner & Associates$700 million. As President of Shell Oil Company, Gretchen Watkins oversees the strategic integration of all Shell businesses in the United States and leads the U.S. Country Coordination Team. Markets never sleep, and neither does Bloomberg News. . Youre at a big enough company where what you do actually matters. Meanwhile, he continues to invest in other startups. , Go figure. Mosaic is a single-source provider of phosphate and potash fertilizers and feed ingredients for the global agriculture industry. And, despite paying out $750 million in an embarrassing trade-secrets settlement last year, their company still controls some 60 percent of the U.S. market in drug-coated stents. Other recent insider transactions involving The Mosaic Co (MOS) include She previously worked for Maersk Oil and Gas, a Danish oil and gas company, where she held the roles of Chief Executive Officer from 2016 to 2018, and Chief Operating Officer from 2014 to 2016. . After being in the industry for 29 years being a part of creating the future is something that's really interesting to me and really motivating to me.. This heir to the Star Market fortune is the epitome of old-money Boston. of 47,284 shares made by Ricard Corrine D. If you're a scraper, please click the link below :-) Now New Balance and Reebok are neck and neck for the title of Americas second-largest athletic shoe brand (Nike is first). Website. He has used a large part of his fortune to endow the states biggest philanthropic organization, the $800 million Barr Foundation, while his wife heads the board of the Isabella Stewart Gardner Museum as it undertakes its first-ever expansion and a fundraising campaign whose target is reportedly some $60 million to $100 million. Gretchen H Watkins Net Worth 2022 and insider trades. Elizabeth has been with NRG for more than 20 years and is responsible for directing all aspects of NRG Home, which provides innovative residential power and gas services to millions of customers in the United States and Canada. Website. Roxy Sternberg By: Rishav Jun 9, 2022 . Plus, hes cool enough to hang with U2, as he did at Radius last December and in a private box at the then FleetCenter. Its been almost a year since Watkins relocated her family to Houston so she could prepare to take over in one of Shell Oil Co.s most iconic positions: She officially started as Shells president of U.S. operations in January, the first female in a position typically filled internally by longtime male employees. Apple Podcasts linkSpotify link The Kanebs acquired Hood in 1995 and increased its annual sales from $600 million to around $2.3 billion, due in large part to their willingness to spend money on new products. Senior VP & Operations Michael A Henderson Massachusetts has always had more than its fair share of millionaires. He started his own company in 1996 and made investors a reported 93.8 percent return in his first 11 months (and about 50 percent a year for each of the three years after that). 60, Cambridge; philanthropist$213 million. We are an industry that innovates quickly. and sale Gretchen H Watkins made In 2003, for example, she gave $5 million to Caritas St. Elizabeths Medical Center. Catalano said the engineer learned quickly about communications. Watkins had been promoted to CEO in 2016 after successfully overseeing the operations of the company as chief operating officer at a time low oil prices were roiling the industry. A key question remains, though, about whether Shell and other oil majors can cut greenhouse gas emissions without undercutting their own businesses. Gretchen H. Watkins serves as Director of the Company. a net In addition, it provides nitrogen-based crop nutrients and animal feed ingredients, and other ancillary services; and purchases and sells phosphates, potash, and nitrogen products. Published Oct 2, 2020 + Follow We need to talk about methane. The Harvard M.B.A. sold some of his shares in happier times, letting him stash away a few tens of millions for a rainy day. Upon sale of the business to Total in August 2017, she delivered deal closure and a safe and successful transition to the new enterprise.