Robert J. Sprowls is the President and CEO of American States Water Company and Golden State Water Company. He took on this role in 2009, following a solid career at the company where he served as CFO and SVP of...

Robert J. Sprowls is the President and CEO of American States Water Company and Golden State Water Company. He took on this role in 2009, following a solid career at the company where he served as CFO and SVP of Finance. His educational background includes a Master’s Degree in Business Administration, focusing on finance. Sprowls has been steering the company through various economic challenges and operational changes, while maintaining a clear focus on aligning executive compensation with performance. In 2023, his total compensation reached over $5.3 million, reflecting his strong performance and the value he brings to the company. He is known for integrating performance metrics into executive pay, ensuring the company meets its goals while keeping shareholders in mind. Throughout his time as CEO, Sprowls has focused on sustainable growth and operational efficiency, which has proven crucial for the company’s success in the water utility sector. His approach balances traditional management practices with modern business strategies, making him a pivotal figure in the industry.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other American States Water CEOs

A

Robert J. Sprowls

CEO of American States Water

Education

MBA in Finance

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Utilities

Born

June 10, 1958 - 66 years ago

CEO of American States Water for

16 years 3 months (Jan 2009 - Present)

Previous Experience

President of Central Illinois Light Company

Rivals

Competitors/colleagues of Robert J. Sprowls

Y

Joseph T. Hand

CEO of York Water

2023 Compensation

Stock

$111.42K

Salary

$334.20K

Bonus

$0.00

Other

$0.00

Total Holdings

$1.20M

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 Robert J. Sprowls make over time.

Robert Sprowls has consistently held a significant stake in American States Water Company (AWR). As of recent data, his holdings have reflected fluctuations in total value primarily based on stock vesting schedules. For instance, he received $1.5 million from vesting...

Robert Sprowls has consistently held a significant stake in American States Water Company (AWR). As of recent data, his holdings have reflected fluctuations in total value primarily based on stock vesting schedules. For instance, he received $1.5 million from vesting restricted stock units in 2023. His holdings peaked when he transitioned into CEO in 2009, showcasing his commitment to the company's future. He has avoided risky moves like exercising stock options, instead, he seems to prefer a steadier path that links his financial gains with the company's overall performance. Over the years, the value of his holdings has evolved, but the emphasis remains on long-term benefits and aligning his interests with those of shareholders.

Mar 17, 2025

A

shares

AWR @ $78.00

Total Stock Sold

$5.56M

AWR

$5.56M

116,511.973 AWR shares

What if they kept their stock?

If Robert J. Sprowls didn't sell their stock, today they would have:
Extra AWR116,511.973 shares worth $9.79M.
This is 75.9% and $4.22M more than what they got when they sold the stock.

Insider Trading

See recent insider trades of Robert J. Sprowls.

AWR

$94.64K

AWR at $34.30/share

Feb 7, 2025

Received

AWR

$833.96K

AWR at $35.86/share

Mar 15, 2024

Received

AWR

$79.40K

AWR at $36.30/share

Feb 13, 2024

Received

AWR

$525.94K

AWR at $57.88/share

Mar 15, 2023

Received

AWR

$209.05K

AWR at $37.41/share

Feb 7, 2023

Received

AWR

$57.06K

AWR at $38.11/share

Feb 4, 2022

Received

AWR

$739.68K

AWR at $55.80/share

Mar 14, 2022

Received

AWR

3,854 shares

AWR

Jan 31, 2022

Received

AWR

$806.08K

AWR at $47.94/share

Mar 10, 2021

Received

Compensation History

See how much did Robert J. Sprowls make over time.

In 2023, Robert J. Sprowls earned a total compensation package worth $5,324,271. This included a salary of $924,519 and a discretionary bonus of $300,000, which calculated to about 32.4% of his base pay. His compensation reflects a performance-based philosophy where his pay is tied to metrics that consider shareholder returns and operational efficiency. Notably, he received vested stock worth $1,514,152 this year, showcasing his significant tie to the company’s performance. This careful structuring of his remuneration package aligns him with both short-term and long-term company goals, ensuring that he delivers results that benefit both the enterprise and its shareholders. Over the years, his compensation has varied, but this 2023 package marks another high point in his career, demonstrating the value placed upon his leadership.

Year

2023

Total Compensation

$2.77M

Salary

$924.52K

Board Justification

The compensation philosophy aligns executive pay with performance metrics, including total shareholder return and operational efficiency, while also considering market benchmarks for retention and competitiveness.

Bonus

$300.00K

Board Justification

Discretionary bonus based on individual performance assessment by the compensation committee, amounting to 32.4% of base pay.

Other

$29.52K

Board Justification

Includes retirement plan matching contributions, insurance premiums, personal use of company car, and other minor compensations.

Restricted Stock

$1.51M(28.61K RSU)

Board Justification

Restricted stock units that vested in 2023, with a total value of $1,514,152 based on the market price at the time of vesting.

Performance Metrics

Performance metrics include total shareholder return, aggregate GSWC operating expense levels, ASUS cumulative net earnings, and new base acquisition success rate.

Other American States Water CEOs

Here are other CEOs of American States Water

Floyd E. Wicks

Ex-CEO of American States Water

January 2000 - December 2008