Martin A. Kropelnicki is the President and CEO of California Water Service Group, where he has been leading since September 2013. With a strong background in finance and operations, he came into this role after serving as the CFO and...

Martin A. Kropelnicki is the President and CEO of California Water Service Group, where he has been leading since September 2013. With a strong background in finance and operations, he came into this role after serving as the CFO and Treasurer. Kropelnicki is not just a numbers guy; he's been in the water utility business for over 15 years and has significant experience with publicly traded companies. Under his leadership, the Company places a heavy emphasis on water quality and customer service, which are key metrics for performance reviews. He also has a Bachelor’s degree in Business Administration from UC Berkeley, which adds a solid educational foundation to his practical experience. Interesting fact: He is set to take on an even larger role as Chairman of the Board following the 2023 Annual Meeting. This move not only reflects his growing influence within the Company but also showcases his commitment to guiding the water utility sector towards a more sustainable future.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

C

Martin A. Kropelnicki

CEO of California Water Service Group

Education

Bachelor's degree in Business Administration from the University of California, Berkeley

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Utilities

Born

May 15, 1967 - 57 years ago

CEO of California Water Service Group for

11 years 7 months (Sep 2013 - Present)

Previous Experience

Vice President, Chief Financial Officer and Treasurer of California Water Service Group

Rivals

Competitors/colleagues of Martin A. Kropelnicki

A

Robert J. Sprowls

CEO of American States Water

2023 Compensation

Stock

$1.51M

Salary

$924.52K

Bonus

$300.00K

Other

$29.52K

Total Holdings

$14.44M

A

M. Susan Hardwick

CEO of American Water Works

2023 Compensation

Stock

$1.91M

Salary

$1.07M

Bonus

$0.00

Other

$329.77K

Total Holdings

$5.94M

G

Ron L. Fleming

CEO of Global Water Resources

2023 Compensation

Stock

$393.00K

Salary

$350.00K

Bonus

$175.00K

Other

$18.73K

Total Holdings

$149.34K

E

Christopher H. Franklin

CEO of Essential Utilities

2023 Compensation

Stock

$2.47M

Salary

$985.58K

Bonus

$0.00

Other

$20.56K

Total Holdings

$11.88M

Holdings

See how much did Martin A. Kropelnicki make over time.

As the CEO of California Water Service Group (CWT), Martin A. Kropelnicki has a significant equity stake, a vital aspect of his total wealth. His holdings underwent various fluctuations over the years, showcasing his dedication and commitment to the company's...

As the CEO of California Water Service Group (CWT), Martin A. Kropelnicki has a significant equity stake, a vital aspect of his total wealth. His holdings underwent various fluctuations over the years, showcasing his dedication and commitment to the company's future. Notably, in 2020, for instance, he made headlines due to a record performance-based payout that highlighted the alignment between his personal gains and the company's success. At one point, a significant portion of his wealth was tied up in performance-based stock awards that emphasized water quality and customer service metrics. Over the years, his net worth has been influenced by company growth and stock performance, reflecting his role in steering the company through financial and operational challenges. While precise numbers may vary, it's clear that Kropelnicki's alignment with shareholder interests is strong, demonstrating his long-term commitment to driving CWT forward.

Total Stock Sold

$110.22K

CWT

$110.22K

6,000 CWT shares

What if they kept their stock?

If Martin A. Kropelnicki didn't sell their stock, today they would have:
Extra CWT6,000 shares worth $303.06K.
This is 174.96% and $192.84K more than what they got when they sold the stock.

Charitable Transactions

CWT

30,075 shares

CWT

Recent Charitable Transactions

CWT

$151.70K

CWT at $50.57/share

Nov 22, 2023

Charity

CWT

$175.32K

CWT at $58.44/share

Nov 9, 2022

Charity

CWT

$156.67K

CWT at $65.28/share

Aug 6, 2021

Charity

CWT

$98.71K

CWT at $51.95/share

Nov 17, 2020

Charity

CWT

$233.34K

CWT at $59.83/share

Nov 22, 2019

Charity

CWT

$202.01K

CWT at $44.89/share

Nov 7, 2018

Charity

Insider Trading

See recent insider trades of Martin A. Kropelnicki.

CWT

274,762 shares

CWT

Mar 3, 2025

Received

CWT

$500.17K

CWT at $49.62/share

Jun 5, 2024

Received

CWT

0 shares

CWT

Mar 5, 2024

Received

CWT

$457.33K

CWT at $45.37/share

Mar 5, 2024

Received

CWT

$667.29K

CWT at $45.53/share

Mar 1, 2024

Received

CWT

$151.70K

CWT at $50.57/share

Nov 22, 2023

Charity

CWT

$468.05K

CWT at $58.83/share

Mar 7, 2023

Received

CWT

16,034 shares

CWT

Mar 3, 2023

Received

CWT

$175.32K

CWT at $58.44/share

Nov 9, 2022

Charity

CWT

8,861 shares

CWT

Mar 3, 2022

Received

Compensation History

See how much did Martin A. Kropelnicki make over time.

In 2023, Martin Kropelnicki's total compensation reached approximately $3.85 million, mainly from his base salary of $1.05 million and a bonus of around $1.45 million. His bonus reflects outstanding performance metrics, including water quality and customer satisfaction, representing a 138% payout of the target. This performance-based structure is part of the company's philosophy to ensure executives' compensation aligns with the long-term interests of stockholders and customers. Interestingly, despite the hefty bonus, Kropelnicki did not receive any vested stock or options in 2023, indicating a focus on cash-based performance incentives over equity at this time. This trend follows suit from previous years, where his compensation has steadily increased, showcasing the company's growth and his leadership performance.

Year

2023

Total Compensation

$2.57M

Salary

$1.05M

Board Justification

The compensation philosophy emphasizes performance-based pay that aligns executive compensation with the long-term interests of stockholders and customers, ensuring competitive compensation to attract and retain talented officers.

Bonus

$1.45M

Board Justification

Annual performance-based short-term at-risk compensation representing a payout of 138% of target based on performance metrics for 2023.

Other

$69.56K

Board Justification

Other compensation includes 401(k) matching contributions, personal use of company vehicle, and supplemental medical reimbursement.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock awards vested in 2023 as the performance-based RSUs and time-based RSAs are subject to future vesting conditions.

Performance Metrics

Performance metrics for 2023 included water quality, customer service, infrastructure investment, and budget to actual performance (EPS).