Sundar PichaiSundar Pichai earned $164M in 2023

David R. Emery is the former CEO of Healthcare Realty Trust, where he served from 2003 to 2008, and a key leader at Black Hills Corporation until 2018. He has a solid educational background with a Bachelor’s degree in Business...

Quick Links
B

David R. Emery

Ex-CEO of Black Hills

Education

Bachelor's degree in Petroleum Engineering from the Colorado School of Mines

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Utilities

Born

January 1, 1971 - 54 years ago

CEO of Black Hills for

13 years 11 months (Jan 2005 - Dec 2018)

Previous Experience

President and Chief Operating Officer – Retail Business Segment and Vice President – Fuel Resources at Black Hills Corporation

Holdings

See how much did David R. Emery make over time.

David R. Emery's financial investments have seen significant changes over the years. His insider trading activity reached a high point of approximately $40.81 million in February 2020, showcasing his significant stake in his companies. Following this, however, he experienced a...

Mar 11, 2025

Total Stock Sold

$8.43M

BKH

$8.43M

123,429.516 BKH shares

What if they kept their stock?

If David R. Emery didn't sell their stock, today they would have:
Extra BKH123,429.516 shares worth $8.40M.
This is -0.44% and $36.91K less than what they got when they sold the stock.

Charitable Transactions

BKH

44,939.171 shares

BKH

Recent Charitable Transactions

BKH

17,691.168 shares

BKH

Dec 31, 2019

Charity

BKH

13,854.592 shares

BKH

Feb 13, 2019

Charity

BKH

13,393.411 shares

BKH

Dec 31, 2018

Charity

Insider Trading

See recent insider trades of David R. Emery.

BKH

$384.53K

BKH at $61.52/share

Apr 21, 2020

Sale

BKH

$375.02K

BKH at $60.00/share

Mar 25, 2020

Sale

BKH

$533.36K

BKH at $85.34/share

Feb 18, 2020

Sale

BKH

$382.86K

BKH at $77.44/share

Feb 3, 2020

Received

BKH

$505.73K

BKH at $80.92/share

Jan 21, 2020

Sale

BKH

$585.15K

BKH at $78.02/share

Dec 18, 2019

Sale

BKH

$569.67K

BKH at $75.96/share

Nov 19, 2019

Sale

BKH

$589.56K

BKH at $78.61/share

Oct 22, 2019

Sale

BKH

$579.80K

BKH at $77.31/share

Sep 25, 2019

Sale

BKH

$578.47K

BKH at $77.13/share

Aug 20, 2019

Sale

Compensation History

See how much did David R. Emery make over time.

Over the years, David R. Emery's compensation reflected his pivotal role in two major companies. Starting back in 2005, he earned $484,172, which grew significantly over time. In 2016, his total compensation surged to about $8.8 million, driven by a combination of salary, stock awards, and other benefits. Interestingly, during his tenure, certain years saw no bonuses awarded—a reflection of company performance metrics. His compensation structure aimed at aligning his interests as CEO with those of shareholders, incorporating performance-based incentives. Although his retirement benefits faced some restructuring, his earnings consistently positioned him among the top-tier executives in his field. All these factors highlight Emery's financial journey through different roles and market conditions.

Year

2018

Total Compensation

$522.36K

Salary

$350.00K

Board Justification

The compensation philosophy aims to align the interests of executives with those of shareholders, linking compensation to performance and ensuring competitive levels to attract and retain talent.

Bonus

$0.00

Board Justification

No bonus was awarded in 2018.

Other

$172.36K

Board Justification

Other compensation includes personal use of company airplane and additional life/disability insurance.

Restricted Stock

$0.00(0 restricted stock)

Board Justification

No stock awards vested in 2018.

Performance Metrics

The performance metrics for determining compensation include growth in same store revenue and NOI.

Other Black Hills CEOs

Here are other CEOs of Black Hills