Connecticut Water Service, Inc. (OTCMKTS:CTWSO) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

ME Staff 8-k
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Connecticut Water Service, Inc. (OTCMKTS:CTWSO) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Item 5.02

Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.
Retirement of President of Maine Water Company
On December 2, 2016, Connecticut Water Service, Inc. (the
Company) and The Maine Water Company (MWC), a wholly-owned
subsidiary of the Company, announced the planned retirement of
Judith E. Wallingford, the President of MWC. Ms. Wallingfords
retirement will be effective on March 31, 2017. Ms. Wallingford
has served as the President of MWC and its predecessor companies
since 1993 and in other positions with MWC since 1980.
Appointment of New President of Maine Water Company
The Board of Directors of the Company has appointed Richard
Knowlton, to succeed Ms. Wallingford as the next President of
MWC, which appointment will be effective as of April 1, 2017. Mr.
Knowlton currently serves as the Vice President of Operations for
MWC and has served in that position and other positions with MWC
since 1993.
Item 8.01 Other Events
Press Release
On December 2, 2016, the Company issued a press release
announcing the retirement of Ms. Wallingford and the promotion of
Mr. Knowlton.
A copy of the press release is attached to this report as Exhibit
99.1>as is incorporated herein by reference.
>
Item 9.01 Financial Statements and Exhibits
The following document is filed herewith as an exhibit hereto:
(d) Exhibits
99.1
Company press release dated December 2, 2016, is filed
herewith.


About Connecticut Water Service, Inc. (OTCMKTS:CTWSO)

Connecticut Water Service, Inc. is a non-operating holding company. The Company’s income is derived from the earnings of its subsidiary companies, including The Connecticut Water Company (Connecticut Water), The Maine Water Company (Maine Water), New England Water Utility Services, Inc. (NEWUS) and Chester Realty Company (Chester Realty). It operates through three segments: Water Operations, Real Estate Transactions, and Services and Rentals. The Water Operations segment consists of its regulated water activities to supply public drinking water to customers. The Real Estate Transactions segment involves the sale or donation for income tax benefits of its real estate holdings. The Services and Rentals segment provides contracted services to water and wastewater utilities and other clients, and also leases certain of the Company’s properties to third parties through unregulated companies in the State of Connecticut and through Maine Water in the State of Maine.

Connecticut Water Service, Inc. (OTCMKTS:CTWSO) Recent Trading Information

Connecticut Water Service, Inc. (OTCMKTS:CTWSO) closed its last trading session 00.00 at 16.10 with shares trading hands.