| CEO Name | Martin L. Adams |
| Nationality | United States |
| Net Worth Estimation | $2 million |
Martin L. Adams, current CEO of the Los Angeles Department of Water and Power, is estimated to have a net worth of around $2 million due primarily to his decades-long career in public utilities, high-level executive salary (over $400,000 annually), and accrued retirement benefits. Public data on municipal salaries and benefits support this figure, though specific personal financial details are not disclosed.
Martin L. Adams, CEO of the Los Angeles Department of Water and Power, has an estimated net worth of $2,000,000, which is just 2.5% of the maximum and 20% of the minimum estimated net worth for utility CEOs ($10,000,000-$80,000,000). His net worth falls significantly below the typical range for leaders in the utility business category.
Business Category: Utility
Minimum Net Worth (estimation): 10000000 USD
Maximum Net Worth (estimation): 80000000 USD
Martin L. Adams Performance in Los Angeles Department of Water and Power
Martin L. Adams, CEO of the Los Angeles Department of Water and Power, demonstrates decisive leadership focused on sustainable resource management and modernization of infrastructure. His decision-making emphasizes innovative technology integration and efficiency improvements, resulting in enhanced operational performance and reliability. Adams' impact includes driving environmental initiatives and improving service delivery, positioning LADWP as a forward-thinking utility in California.
Latest News
Los Angeles Department of Water and Power Advances Clean Energy and Faces Water System Challenges
LADWP, led by CEO Janisse Quinones, is pushing forward with hydrogen-ready turbines at Scattergood Generating Station despite federal funding cuts, while also addressing water pressure issues during wildfires. Quinones, with over 25 years of utility leadership, emphasizes renewable energy goals and infrastructure resilience.
Source: http://www.ladwp.com/publications/newsletters/10-2025/october-2025-customer-news