The estimated Net Worth of James Alton Hughes is at least $19.8 Million dollars as of 22 May 2024. Mr. Hughes owns over 10,044 units of PNM Resources Inc stock worth over $1,894,729 and over the last 13 years he sold PNM stock worth over $17,749,832. In addition, he makes $185,000 as Independent Director at PNM Resources Inc.
James has made over 33 trades of the PNM Resources Inc stock since 2013, according to the Form 4 filled with the SEC. Most recently he exercised 10,044 units of PNM stock worth $419,538 on 22 May 2024.
The largest trade he's ever made was exercising 333,333 units of PNM Resources Inc stock on 21 July 2016 worth over $13,923,319. On average, James trades about 19,304 units every 69 days since 2012. As of 22 May 2024 he still owns at least 45,361 units of PNM Resources Inc stock.
You can see the complete history of Mr. Hughes stock trades at the bottom of the page.
James A. Hughes serves as Independent Director of the Company. Mr. Hughes is a resident of Houston, Texas, and since December 2017, serves as CEO and Managing Director of Prisma Energy LLC, a private entity focused on investments in energy storage. He is the former CEO and director (2012-2016) of First Solar, Inc., a NASDAQ listed provider of comprehensive photovoltaic solar energy solutions. Mr. Hughes also served as CEO and director (2007-2011) of AEI Services LLC, a private company that owned and operated power distribution, power generation (both thermal and renewable), natural gas transportation and services, and natural gas distribution businesses in emerging markets worldwide. He served as President and CEO (2002-2004) of Prisma Energy International, which was formed out of former Enron interests in international electric and natural gas utilities. Prior to that role, Mr. Hughes spent almost a decade with Enron corporations in positions that included President and Chief Operating Officer of Enron Global Assets; President and Chief Operating Officer of Enron Asia, Pacific, Africa and China; and as Assistant General Counsel of Enron International. Mr. Hughes is the former chairman and director of the Los Angeles Branch of the Federal Reserve Bank of San Francisco. Mr. Hughes holds a J.D. from the University of Texas at Austin School of Law, a Certificate of Completion in international business law from Queen Mary’s College, University of London and a Bachelor’s degree in Business Administration from Southern Methodist University.
As the Independent Director of PNM Resources Inc, the total compensation of James Hughes at PNM Resources Inc is $185,000. There are 18 executives at PNM Resources Inc getting paid more, with Patricia Collawn having the highest compensation of $5,031,190.
James Hughes is 56, he's been the Independent Director of PNM Resources Inc since 2019. There are 18 older and 3 younger executives at PNM Resources Inc. The oldest executive at PNM Resources Inc is Donald Schwanz, 75, who is the Independent Director.
James's mailing address filed with the SEC is 1111 STUDEWOOD STREET, #603, HOUSTON, TX, 77008.
Over the last 22 years, insiders at PNM Resources Inc have traded over $8,984,485 worth of PNM Resources Inc stock and bought 19,207 units worth $576,025 . The most active insiders traders include Bruce W Wilkinson, James Alton Hughes und Alan J Fohrer. On average, PNM Resources Inc executives and independent directors trade stock every 37 days with the average trade being worth of $424,133. The most recent stock trade was executed by Elisabeth A Eden on 7 March 2024, trading 1,334 units of PNM stock currently worth $55,721.
based in albuquerque, n.m., pnm resources is an energy holding company. through its utilities - pnm and tnmp - pnm resources serves electricity to more than 720,000 homes and businesses in new mexico and texas. our generation capacity of more than 2,530 megawatts reflects a balanced mix of coal, natural gas, nuclear and wind generation.
PNM Resources Inc executives and other stock owners filed with the SEC include: