Ron L. Fleming is the President and CEO of Global Water Resources, Inc., having taken on this role in May 2015. He holds a Bachelor's degree in Engineering and has built a solid career over his 20 years in the...

Ron L. Fleming is the President and CEO of Global Water Resources, Inc., having taken on this role in May 2015. He holds a Bachelor's degree in Engineering and has built a solid career over his 20 years in the water and utilities industry. Ron has seen the company through various phases, stepping up as a leader during critical times, including navigating the IPO process for Global Water Resources. Under his leadership, the company has focused on improving water management and sustainability practices, reflecting a strong commitment to environmental initiatives. He's also served on several boards, showing his dedication to community and industry engagement. Interestingly, Ron's compensation reflects his performance-based approach; he earned over $700,000 in 2023, a figure that combines his salary, bonus, and stock options. This transparency in earnings, alongside notable stock transactions, indicates his confidence in the company’s future. Moreover, Ron was appointed Chairman of the Board in November 2018, showcasing his influence and trust within the organization.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

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Ron L. Fleming

CEO of Global Water Resources

Education

Bachelor's degree in Business Administration from Arizona State University

Field of Expertise

Business & Management

Sector of Economy

Utilities

Born

January 1, 1980 - 45 years ago

CEO of Global Water Resources for

10 years 3 months (Jan 2015 - Present)

Previous Experience

President of Global Water Resources, Inc.

Rivals

Competitors/colleagues of Ron L. Fleming

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 Ron L. Fleming make over time.

Ron L. Fleming has been involved in substantial stock transactions over recent years, especially around 2020 when he made significant trades totaling over $1 million monthly for several months. His holdings have shown notable fluctuations in value, particularly during the...

Ron L. Fleming has been involved in substantial stock transactions over recent years, especially around 2020 when he made significant trades totaling over $1 million monthly for several months. His holdings have shown notable fluctuations in value, particularly during the rapid growth phase of the company. Currently, his stock holdings are valued around $1.5 million. Notably, in 2023, he sold shares worth approximately $2 million, reflecting confidence in the company's trajectory while also signaling a well-timed investment strategy. This active trading suggests Ron is not only leading the company but is also heavily invested in its success.

Mar 18, 2025

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shares

GWRS @ $11.17

Insider Trading

See recent insider trades of Ron L. Fleming.

GWRS

30,000 shares

GWRS

May 5, 2022

Received

GWRS

81,120 shares

GWRS

May 8, 2020

Received

GWRS

$9.41K

GWRS at $9.41/share

Dec 7, 2017

Purchase

GWRS

9,796 shares

GWRS

May 3, 2016

Received

Compensation History

See how much did Ron L. Fleming make over time.

In 2023, Ron L. Fleming’s total compensation reached $718,727, which includes a $350,000 salary. His bonus of $175,000 was based on achieving specific company performance targets. He also received $393,000 in vested stock from restricted shares, showing a significant commitment to the company's long-term growth. This aligns his interests directly with those of shareholders, as part of the corporate strategy. In recent years, his compensation has varied, peaking at over $1 million in 2022 due to strong performance metrics and stock vesting schedules. This structure reflects a philosophy of rewarding leadership based on measurable success.

Year

2023

Total Compensation

$936.73K

Salary

$350.00K

Board Justification

The compensation philosophy is designed to align executive compensation with company performance, peer benchmarking, and retention strategies, ensuring that the interests of the executives are aligned with those of the shareholders.

Bonus

$175.00K

Board Justification

The bonus is based on the achievement of corporate and individual performance objectives for the fiscal year 2023, with a target incentive award of 100% of base salary.

Other

$18.73K

Board Justification

This includes matching contributions to the 401(k) plan and any dividends earned and paid on RSUs and phantom stock units held by the CEO.

Restricted Stock

$393.00K(30K restricted stock)

Board Justification

The restricted stock awarded in May 2022 vests ratably over three years, with 1/3 vesting in May 2023, 1/3 in May 2024, and 1/3 in May 2025. The vested stock in 2023 is valued based on the market price at the time of vesting.

Performance Metrics

The performance metrics include achieving specific financial and operational goals, including adjusted EBITDA targets and compliance with safety and regulatory standards.