Murry Gerber is the retired Executive Chairman of EQT Corporation, an integrated energy production company, from 2010. He served as its Chairman from 2000 to 2010, as its President from 1998 to 2007, and as its Chief Executive Officer from 1998 to 2000 Since 2000, he has been a Director at BlackRock, Inc., and since 2012, he has been a Director at United States Steel Corporation.
Murry Gerber was born in 1953 in the United States. His exact place of birth isn’t known. As of now, he is 69 years old. There’s also no information on his parents or siblings. During his high school summers, Gerber use to work as a union steelworker. Murry did his bachelor’s with honors in Geology from Augustana College. Then he went to the University of Illinois to complete his master’s in science.
Murry Gerber Career
At the end of his graduation, Gerber got a job in an oil company, ‘Shell oil’, and ever since he has been in this energy business. Gerber stayed with Houston-based Shell Oil for many years, but in 1998 Murry was made the President and Chief Executive Officer of Equitable Resources, Inc. He stepped down as CEO in 2010 but remained executive chairman of EQT until this April.
Mr. Gerber is a member of the BlackRock, Inc., and Westport Resources boards of directors. He is on the Boards of the Pennsylvania Business Roundtable, the Allegheny Conference on Community Development, the Pittsburgh Symphony Society, and the United Way of Southwestern Pennsylvania, and is also the Chairman of the Education Policy and Issues Center.
Rise to Fame
According to a Form 4 filed with the SEC, Murry has made over 35 trades in Blackrock stock since 2004. Most recently he exercised 12,319 units of BLK stock worth $9,180,488 on 2 December 2021. Throughout his entire career so far, he’s traded 600,000 units of Blackrock stock on 6 December 2007 which amounted to worth over $10,344,000. Since 2004, Murry has traded an average of 32,376 units every 84 days. As of 2 December 2021 he still owns at least 551,910 units of Blackrock stock.
The Board determined that because of his senior leadership qualities and considerable commercial expertise in the energy industry and domestic unconventional oil and natural gas basins, Gerber should be considered for election as a Director. He is also a member of the American Association of Petroleum Geologists, the Houston Geological Society, and the New Orleans Geological Society, among other professional organizations.
As the former CEO of a large publicly traded energy production firm and a current or former board member of three large publicly traded companies. Gerber offers to the Board a wealth of knowledge and experience in business operations, management, and governance, as well as a deep understanding of the energy industry.
Murry Gerber Biography
|Murry S. Gerber
|Age (as of 2022)
|Executive Chairman of EQT Corporation
|in feet inches – 5’ 10” – in Centimeters – 177 cm
|in Kilograms – 88 kg – in Pounds – 194 lbs
|University of Illinois Urbana-Champaign
|Who is his wife?
Murry Gerber is happily married to his wife Cindy Gerber. There’s no information about their children. They both stand at the forefront of philanthropy donating millions of dollars for the betterment of Augustana College.
Murry Gerber Net Worth
Murry Gerber’s net worth is estimated to be at least $413 million USD as of December 2021. Mr. Gerber owns over 12,319 units of Blackrock stock worth over $411,299,889 and over the last 18 years, he sold BLK stock worth over $861,925. In addition, as Lead Independent Director at Blackrock, he earns $464,755. So it’s clearly evident that he’s a wealthy man who lives an opulent lifestyle.
- Marquis Who’s Who has identified Gerber as a notable gas, oil, and utility executive.
- Gerber was the CEO of Coral Energy (now Shell Trading North America) from 1995 to 1998 before joining EQT Corporation.
- Gerber is a member of the Pittsburgh Cultural Trust’s board of trustees. He also serves on the boards of directors of BlackRock, Inc. and Halliburton Company.
- He serves on Augustana College’s Board of Trustees as Vice-Chair.