Middlesex Water Company President and CEO Announces Retirement
2023年5月17日 - 5:12AM
Middlesex Water Company (NASDAQ:MSEX) President and Chief Executive
Officer, Dennis W. Doll has announced a plan to retire upon turning
age 65. Mr. Doll’s retirement is planned for the later of December
31, 2023 or, the date when a successor is duly named and on board.
He will remain a member of the Board through the expiration of his
current term in May 2024. A search for Mr. Doll’s successor is
being led by the Compensation Committee of the Board of Directors
in collaboration with Russell Reynolds Associates, a
nationally-recognized executive search firm.
Mr. Doll joined Middlesex Water Company as Executive Vice
President in 2004 and was named President and Chief Executive
Officer, and a Director of Middlesex, effective January 1,
2006. In May 2010, he was elected Chairman of the Board.
Under his tenure, the Company has made several acquisitions,
experienced significant organic customer growth, entered into
numerous contract operations and completed hundreds of significant
construction projects. In recent years, the Company embarked on
“Water for Tomorrow®,” the largest capital improvement program in
the Company’s history, including such projects as construction of
the 4.5-mile, 42” Western Transmission Main, the completion in 2021
of a new ozone treatment plant at the Company’s largest surface
water treatment facility in New Jersey, expected completion in 2023
of a major treatment facility to remediate newly-regulated
contaminants at the Company’s largest groundwater facility and
numerous infrastructure improvements in the Company’s Delaware
operations. Mr. Doll’s background includes nearly 40 years of
experience in investor-owned water and wastewater utility
management and a record of industry and other service as President
of the National Association of Water Companies, Chairman of the
Board of The Water Research Foundation, member of the Board and
Executive Committee of the American Water Works Association,
Chairman of the Board of the New Jersey Utilities Association,
Board member and Treasurer of Raritan Bay Medical Center and Board
member and Treasurer of Court Appointed Special Advocates of
Middlesex County, New Jersey.
“Dennis has led Middlesex Water through some of the largest
capital campaigns and industry changes in the company’s history.
His strategic leadership, focus on fiscal accountability and
organizational development have earned him the respect and
admiration of employees, customers, shareholders, industry
colleagues and regulators. We are grateful for his efforts in
promoting the company’s strong values-based culture and leading the
team in providing water and wastewater services safely, reliably
and efficiently,” said Walter G. Reinhard, Middlesex Water Lead
Director. “As we conduct our search for our next CEO, we look
forward to speaking with candidates who can build on Middlesex
Water’s strong 126-year legacy of operational excellence,” added
Reinhard.
About Middlesex Water CompanyEstablished in
1897, Middlesex Water Company (NASDAQ:MSEX) serves as a trusted
provider of life-sustaining high quality water service for
residential, commercial, industrial and fire protection purposes.
The Company and its subsidiaries form the Middlesex family of
companies, which collectively serve a population of nearly half a
million people in New Jersey and Delaware. We offer a full range of
water, wastewater utility and related services including municipal
and industrial contract operations and water and wastewater system
technical operations and maintenance. We are focused on
meeting and balancing the needs of our employees, customers, and
shareholders. We invest in our people, our infrastructure and the
communities we serve to support reliable and resilient utility
services, economic growth and quality of life.
Media Contact:Bernadette Sohler, Vice President
– Corporate AffairsMiddlesex Water Company (732)
638-7549www.middlesexwater.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/7aba748e-d022-4279-b40e-0a6f27390f7b
Middlesex Water (NASDAQ:MSEX)
過去 株価チャート
から 4 2024 まで 5 2024
Middlesex Water (NASDAQ:MSEX)
過去 株価チャート
から 5 2023 まで 5 2024