Middlesex Water Reports Voting Results From Its 2023 Annual Shareholders Meeting
25 May 2023 - 6:30AM
Middlesex Water Company (NASDAQ:MSEX), a provider of water and
wastewater and related services held its Annual Meeting of
Shareholders exclusively online on May 23, 2023 at which
shareholders re-elected Joshua Bershad, M.D., James F. Cosgrove,
Jr., and Vaughn L. McKoy (all Class III Directors) and each to a
three-year term. Shareholders also approved a non-binding advisory
resolution approving the compensation of the Company’s named
executive officers; approved by non-binding advisory vote, a
one-year frequency of the shareholder vote to approve named
executive officer compensation; and ratified the Audit Committee’s
selection of Baker Tilly US, LLP as the Company’s independent
registered public accounting firm for the fiscal year ending
December 31, 2023.
During the meeting, officers discussed the Company’s financial
results, capital investment and finance activity plans, current 3%
Stock Purchase Discount and recent executive announcements as well
as operations highlights including major treatment plant upgrade
progress, the Company’s lead service line replacement initiative
and capital investments in Delaware to meet customer needs.
An audio webcast of the Middlesex Water Annual Meeting of
Shareholders will be archived for one year at
www.virtualshareholdermeeting.com/MSEX2023.
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. To learn more about
Middlesex Water, visit https://www.middlesexwater.com
This press release contains “forward‐looking statements” within
the meaning of U.S. federal securities laws reflecting the current
beliefs or expectations of Middlesex Water Company “MSEX” or the
“Company” regarding its future performance, its financial
condition, its strategic plans and cash flows, its results of
operations as well as any other statements that do not directly
relate to any historical or current facts. These statements reflect
the Company’s current views and information currently available.
This information is based on estimates, assumptions and analysis
that the Company believes, as of the date hereof, provide a
reasonable basis for the information contained herein.
Forward‐looking statements can generally be identified by the use
of forward‐looking words such as “outlook,” “believes,” “expects,”
“potential,” “continues,” “may,” “will,” “should,” “seeks,”
“approximately,” “predicts,” “intends,” “plans,” “estimates,”
“anticipates,” “foresees.” Actual results, performance or
achievements may differ materially from forward‐looking statements,
and the assumptions on which forward-looking statements are based.
There can be no assurance that the information contained herein is
reflective of future performance, and investors are cautioned not
to place undue reliance on forward‐looking statements as a
predictor of future performance. Unless otherwise specified, all
information contained in this press release speaks only as of the
date hereof. The Company undertakes no duty to update or revise the
information contained herein, whether as a result of new
information, future events or otherwise.
Media Contact:Bernadette Sohler, Vice President – Corporate
AffairsMiddlesex Water Company (732)
638-7549www.middlesexwater.com
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