8-KThe WireRed Alert
Executive Change
Filed Oct 27, 2023 · 2y ago · Accession 0001552781-23-000415
Plain English
Material event — a significant development the company must disclose promptly.
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Filing text
View original ↗UNITED STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION
13 OR 15(d) OF THE
SECURITIES EXCHANGE
ACT OF 1934
Date of
report (Date of earliest event reported): October
25, 2023
Essential Utilities,
Inc.
(Exact Name of Registrant
Specified in Charter)
Pennsylvania
(State or Other Jurisdiction of Incorporation)
001-06659
(Commission File Number)
23-1702594
(I.R.S. Employer Identification No.)
762
West Lancaster Avenue
Bryn
Mawr , Pennsylvania
19010-3489
(Address
of Principal Executive Offices)
(Zip
Code)
Registrant’s telephone
number, including area code: (610) 527-8000
Not
Applicable
(Former Name or
Former Address, if Changed Since Last Report)
Check the appropriate box below if
the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o
Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))
Securities registered
pursuant to Section 12(b) of the Act:
Title
of each class
Trading
Symbol(s)
Name
of each exchange on which registered
Common
stock, $.50 par value
WTRG
New
York Stock Exchange
Indicate by check mark whether the
registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule
12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company o
If an emerging growth company, indicate
by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial
accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
of Certain Officers.
On October 25, 2023, the Board of Directors elected Roderick K. West to
serve on the Board of Directors (the “Board”) of Essential Utilities, Inc. (the “Company”) effective immediately.
He was elected to a term that will expire at the next annual meeting of shareholders.
Mr. West has served as Group President Utility Operations for Entergy Corporation
(“Entergy”) (NYSE: ETR), a Fortune 500 integrated energy company engaged primarily in electric power production and headquartered
in New Orleans, Louisiana. In this role, Mr. West is responsible for strategy development, operational and financial performance of Entergy’s
five operating companies. Mr. West oversees Entergy’s electric and natural gas distribution, customer service operations, its engagement
with state and local regulators, and regulated retail commercial development and innovation. Each of Entergy’s five operating companies
is managed by an independent president and chief executive officer and those five leaders report to Mr. West who has profit and loss responsibility
for the business. Mr. West reports to Entergy’s Chief Executive Officer and its Chairman of the Board.
Prior to this role, Mr. West previously served as Executive Vice President
and Chief Administrative Officer for Entergy from 2010 to 2017, where his responsibilities included managing Entergy’s shared services
functions supporting utility, nuclear and wholesale operations, including finance operations, supply chain, business processes, administrative
services, information technology, human resources and administration, federal policy, regulatory and governmental affairs, and corporate
communications. Mr. West also led Entergy’s development and execution of its environmental strategy.
Mr. West served on the board of directors for the Electric Power Research
Institute and the Edison Electric Institute, and he is currently a Hesburgh trustee for the University of Notre Dame. He earned his Juris
Doctor from the Tulane University School of Law and received an MBA from the Tulane University A.B. Freeman School of Business. Mr. West
has a bachelor’s degree from the University of Notre Dame, where he lettered three years and was a member of the 1988 National Championship
football team.
The Board has determined that Mr. West is independent in accordance with
the Company’s corporate governance guidelines and applicable New York Stock Exchange and Securities Exchange Commission (“SEC”)
requirements. There are no arrangements or understandings between Mr. West and any other person pursuant to which he was selected as a
director. Mr. West has not been a party to any transaction involving the Company required to be disclosed under Item 404(a) of Regulation
S-K.
Mr. West will receive compensation for his service as director consistent
with the Company’s compensation program for non-employee directors which became effective January 1, 2023 as described under the
caption “Director Compensation” in the Company’s proxy statement for the 2023 annual meeting of shareholders filed with
the SEC on March 20, 2023.
Mr. West has been appointed to the Corporate Governance Committee and the
Risk Mitigation and Investment Policy Committee of the Board.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
ESSENTIAL UTILITIES, INC.
October 27, 2023
By:
/s/
Christopher P. Luning
Name:
Christopher
P. Luning
Title:
Executive
Vice President, General Counsel
Filing details
- Company
- Essential Utilities, Inc.
- Ticker
- WTRG
- CIK
- 78128
- Form type
- 8-K
- Filing date
- Oct 27, 2023
- Report date
- Oct 25, 2023
- Document
- e23424_wtrg-8k.htm
- Size
- 198 KB