Chesapeake Utilities Corporation Named Best for Corporate Governance in the United States for the Second Time

Rhea-AI Summary

Chesapeake Utilities (NYSE: CPK) has been named Best for Corporate Governance in the United States by World Finance, an international publication by World News Media This is the second time the company has received this prestigious award, which recognizes its commitment to integrity, transparency, and accountability. The award underscores the leadership of the Board of Directors, the guidance of the management team, and the dedication of the employees. Jeff Householder, the company's CEO, emphasized the importance of leading by example in an evolving market. Jim Moriarty, the company's executive VP, highlighted that corporate governance is deeply embedded in the organization's framework. Chesapeake Utilities has previously received various accolades, such as Best Corporate Governance among North American Utilities by Ethical Boardroom and Governance Team of the Year by Governance Intelligence Magazine.

Positive

• Chesapeake Utilities named Best for Corporate Governance in the United States by World Finance.
• This is the second time the company has received this prestigious award.
• Recognition highlights leadership from the Board of Directors and management team.
• Corporate governance deeply embedded in the company's framework.
• Previously received eight other corporate governance awards.

Negative

• None.

DOVER, Del., June 25, 2024 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) announced today that it was named Best for Corporate Governance in the United States by World News Media Ltd.'s World Finance, an international publication. This prestigious award marks the Company's second time being recognized by World News Media for its commitment to corporate governance practices that advance integrity, transparency and accountability throughout the organization.

At Chesapeake Utilities Corporation, corporate governance is a commitment to our employees, shareholders, regulators, communities and other stakeholders, and is embedded within our mission to deliver energy that makes life better for the people and communities we serve. Other companies earning accolades include Adidas in Germany, TotalEnergies in France, Santander in Spain and other distinguished companies across the globe.

"We are honored to receive this recognition highlighting the continued leadership of our Board of Directors, the steadfast guidance of our management team, and the hard work and dedication of our employees," said Jeff Householder, chair of the board, president and chief executive officer of Chesapeake Utilities Corporation. "Receiving this governance recognition for the second time demonstrates our consistent commitment to lead by example and operate with the highest integrity in an ever-changing market."

"Being named the Best in Corporate Governance is an esteemed honor that showcases our diligence, entrepreneurial spirit and strong governance principles and standards that have a meaningful impact to our stakeholders," said Jim Moriarty, executive vice president, general counsel, corporate secretary and chief policy and risk officer of Chesapeake Utilities Corporation. "Corporate governance is embedded deeply within our organization providing a steady framework as we continue to look to the future. Congratulations to the corporate governance team in receiving this recognition alongside leading companies worldwide."

Chesapeake Utilities Corporation has previously received eight other corporate governance awards, including Best Corporate Governance among North American Utilities by Ethical Boardroom, Governance Team of the Year by Governance Intelligence Magazine, Torch Award for Ethics by the Better Business Bureau of Delaware and Champion of Board Diversity by The Forum of Executive Women.

About Chesapeake Utilities Corporation
Chesapeake Utilities Corporation is a diversified energy delivery company, listed on the New York Stock Exchange. Chesapeake Utilities Corporation offers sustainable energy solutions through its natural gas transmission and distribution, electricity generation and distribution, propane gas distribution, mobile compressed natural gas utility services and solutions and other businesses.

Please note that Chesapeake Utilities Corporation is not affiliated with Chesapeake Energy, an oil and natural gas exploration company headquartered in Oklahoma City, Oklahoma.

Contact:
Brianna Patterson, Chesapeake Utilities Corporation
Manager, Public Relations and Strategic Communications
419.314.1233

View original content to download multimedia:https://www.prnewswire.com/news-releases/chesapeake-utilities-corporation-named-best-for-corporate-governance-in-the-united-states-for-the-second-time-302181518.html

SOURCE Chesapeake Utilities Corporation

FAQ

What award did Chesapeake Utilities win for corporate governance?

Chesapeake Utilities was named Best for Corporate Governance in the United States by World Finance.

How many times has Chesapeake Utilities won the Best for Corporate Governance award?

Chesapeake Utilities has won the Best for Corporate Governance award twice.

When was Chesapeake Utilities named Best for Corporate Governance?

Chesapeake Utilities was named Best for Corporate Governance on June 25, 2024.

Who is the CEO of Chesapeake Utilities ?

The CEO of Chesapeake Utilities is Jeff Householder.

What other awards has Chesapeake Utilities received for corporate governance?

Chesapeake Utilities has previously received eight other corporate governance awards, including Best Corporate Governance among North American Utilities by Ethical Boardroom and Governance Team of the Year by Governance Intelligence Magazine.