CHESAPEAKE UTILITIES CORPORATION (NYSE:CPK) Files An 8-K Other EventsItem 8.01 Other Events.
Chesapeake Utilities Corporation (the “Company”) announced on September 10, 2018 that President and Chief Executive Officer, Michael P. McMasters, advised the Company’s Board of Directors of his intention to retire in early 2019. Mr. McMasters has not set a specific date for his retirement. Mr. McMasters is continuing to serve as the Company’s President and Chief Executive Officer, as well as a member of the Board of Directors. As part of the Board of Directors on-going succession planning process, a committee of independent board members is evaluating internal and external candidates to succeed Mr. McMasters.
A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
ExhibitDescription
CHESAPEAKE UTILITIES CORP ExhibitEX-99.1 2 exhibit991-pressreleaseceo.htm EXHIBIT 99.1 Exhibit Exhibit 99.1 FOR IMMEDIATE RELEASE:September 10,…To view the full exhibit click here
About CHESAPEAKE UTILITIES CORPORATION (NYSE:CPK)
Chesapeake Utilities Corporation (Chesapeake) is an energy company. The Company, through its operating divisions and subsidiaries, is engaged in regulated and unregulated energy businesses. It provides natural gas distribution and transmission, natural gas supply, gathering and processing, electric distribution and propane distribution service. It operates through two segments: Regulated Energy and Unregulated Energy. The Regulated Energy segment includes its natural gas distribution, natural gas transmission and electric distribution operations. The Unregulated Energy segment includes its propane distribution, propane wholesale marketing, natural gas marketing and natural gas supply, gathering and processing services, which are unregulated as to their rates and services. Also included in the Unregulated Energy segment are other unregulated energy services, such as energy-related merchandise sales and heating, ventilation and air conditioning plumbing and electrical services.