STOCK TITAN

Middlesex Water Names Gregory Sorensen Vice President and Chief Operating Officer

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags

Middlesex Water Company (Nasdaq:MSEX) has appointed Gregory Sorensen as Vice President and Chief Operating Officer, effective December 16, 2024. Sorensen, formerly President of West Region at Liberty Utilities, brings extensive utility experience managing operations across the U.S. and Chile. In his previous role, he led 800 professionals serving 440,000 customers with regulated utility revenue exceeding $400 million. In his new position, Sorensen will oversee operational performance, engineering functions, capital program planning, water and wastewater operations, safety, environmental compliance, and sustainability initiatives.

Middlesex Water Company (Nasdaq:MSEX) ha nominato Gregory Sorensen come Vice Presidente e Chief Operating Officer, con decorrenza dal 16 dicembre 2024. Sorensen, in precedenza Presidente della Regione Ovest presso Liberty Utilities, porta con sé un'ampia esperienza nel settore dei servizi pubblici, gestendo operazioni negli Stati Uniti e in Cile. Nel suo ruolo precedente, ha guidato 800 professionisti al servizio di 440.000 clienti, con entrate regolate dei servizi pubblici che superano i 400 milioni di dollari. Nella sua nuova posizione, Sorensen supervisionerà le prestazioni operative, le funzioni ingegneristiche, la pianificazione dei programmi di capitale, le operazioni idriche e di trattamento delle acque reflue, la sicurezza, la conformità ambientale e le iniziative di sostenibilità.

Middlesex Water Company (Nasdaq:MSEX) ha nombrado a Gregory Sorensen como Vicepresidente y Director de Operaciones, a partir del 16 de diciembre de 2024. Sorensen, anteriormente Presidente de la Región Oeste en Liberty Utilities, aporta una amplia experiencia en la gestión de operaciones de servicios públicos en EE.UU. y Chile. En su rol anterior, dirigió a 800 profesionales que atendían a 440,000 clientes, con ingresos regulados de servicios públicos que superan los 400 millones de dólares. En su nuevo cargo, Sorensen supervisará el rendimiento operativo, las funciones de ingeniería, la planificación de programas de capital, las operaciones de agua y aguas residuales, la seguridad, el cumplimiento ambiental y las iniciativas de sostenibilidad.

미들섹스 워터 컴퍼니 (Nasdaq:MSEX)가 그레고리 소렌슨을 부사장 겸 운영 책임자로 임명했다고 2024년 12월 16일부터 발효된다고 발표했습니다. 소렌슨은 이전에 리버티 유틸리티의 서부 지역 부사장으로 근무했으며, 미국과 칠레에서의 광범위한 유틸리티 관리 경험을 가지고 있습니다. 이전 역할에서는 440,000명의 고객을 위한 800명의 전문가를 이끌었으며, 유regulated 자원 수익이 4억 달러를 초과했습니다. 새로운 직책에서 소렌슨은 운영 성과, 엔지니어링 기능, 자본 프로그램 계획, 물 및 폐수 작업, 안전, 환경 규정 준수 및 지속 가능성 이니셔티브를 감독할 것입니다.

Middlesex Water Company (Nasdaq:MSEX) a nommé Gregory Sorensen au poste de Vice-Président et Directeur des Opérations, à compter du 16 décembre 2024. Sorensen, ancien Président de la Région Ouest chez Liberty Utilities, possède une vaste expérience dans la gestion des services publics aux États-Unis et au Chili. Dans son rôle précédent, il a dirigé 800 professionnels au service de 440 000 clients, avec des revenus réglementés de services publics dépassant 400 millions de dollars. Dans son nouveau poste, Sorensen supervisera les performances opérationnelles, les fonctions d'ingénierie, la planification des programmes d'investissement, les opérations d'eau et d'eaux usées, la sécurité, la conformité environnementale et les initiatives de durabilité.

Middlesex Water Company (Nasdaq:MSEX) hat Gregory Sorensen zum Vizepräsidenten und Chief Operating Officer ernannt, der am 16. Dezember 2024 in Kraft tritt. Sorensen, zuvor Präsident der Westregion bei Liberty Utilities, bringt umfangreiche Erfahrungen in der Verwaltung von Versorgungsbetrieben in den USA und Chile mit. In seiner vorherigen Funktion leitete er 800 Fachkräfte, die 440.000 Kunden bedienten, mit regulierten Einnahmen aus Versorgungsleistungen von über 400 Millionen Dollar. In seiner neuen Position wird Sorensen die Betriebsleistung, Ingenieurfunktionen, die Planung von Investitionsprogrammen, Wasser- und Abwasserbetriebe, Sicherheit, Umweltvorschriften und Nachhaltigkeitsinitiativen überwachen.

Positive
  • Strategic succession planning implementation shows corporate governance
  • New COO brings significant utility sector experience managing $400M+ in regulated revenue
  • Appointment strengthens operational leadership with expertise in multi-state operations
Negative
  • None.

ISELIN, N.J., Nov. 26, 2024 (GLOBE NEWSWIRE) -- Middlesex Water Company (Nasdaq:MSEX), a provider of water and wastewater and related services primarily in New Jersey and Delaware, today announced that Gregory Sorensen has been named as its Vice President and Chief Operating Officer, effective December 16, 2024, as part of ongoing strategic succession planning and organizational realignment efforts.

“The Board of Directors and our executive leadership team are pleased to welcome Gregory Sorensen to Middlesex Water. He brings deep utility experience, a strong commitment to safety and employee development, finance and regulatory and compliance management to his new role,” said Nadine Leslie, Middlesex Water President and Chief Executive Officer. “We look forward to his leadership in delivering the highest standards of service quality and environmental stewardship,” she added.

Sorensen was most recently President, West Region, Liberty Utilities where he oversaw operations across the U.S. and Chile and led a team of 800 professionals in delivering water, sewer, and electric service to approximately 200,000 customers in AZ, CA, and TX, and 240,000 customers in Chile. Sorensen had direct oversight for operations, engineering and finance and regulated utility revenue of over $400 million.
Reporting directly to the President and Chief Executive Officer, Sorensen will be responsible for the operational performance of the company and oversee multiple divisions with responsibility for Engineering and Operations functions including capital program planning and delivery, water and waste water operations, managing safety and security, environmental compliance, sustainability and growth initiatives.

“I am honored, in this new role, to be able to build upon the tradition of operational excellence of an industry leader like Middlesex Water Company. I look forward to continuing to drive Middlesex’s strong culture of prudent infrastructure investment, regulatory compliance, and commitment to safety to support our employees and enhance service to our customers and our communities,” said Sorensen.

About Middlesex Water Company
Established in 1897, Middlesex Water Company 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 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.

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, among others, our long-term strategy and expectations, the status of our acquisition program, the impact of our acquisitions, the impact of current and projected rate requests and the impact of our capital program on our environmental compliance. There are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements including: general economic business conditions, unfavorable weather conditions, the success of certain cost-containment initiatives, changes in regulations or regulatory treatment, availability and the cost of capital, the success of growth initiatives and other factors discussed in our filings with the Securities and Exchange Commission.

Media Contacts:
Bernadette Sohler, Vice President, Corporate Affairs
Middlesex Water Company
bsohler@middlesexwater.com

Summer DeFEO, Director of Communications
Middlesex Water Company
sdefeo@middlesexwater.com

A photo accompanying this announcement is available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/3b721b56-8d07-497e-a9f9-e3e31e04ac15


FAQ

When will Gregory Sorensen start as COO at Middlesex Water (MSEX)?

Gregory Sorensen will begin his role as Vice President and Chief Operating Officer at Middlesex Water Company (MSEX) on December 16, 2024.

What was Gregory Sorensen's previous position before joining Middlesex Water (MSEX)?

Before joining Middlesex Water Company, Gregory Sorensen served as President, West Region at Liberty Utilities, overseeing operations across the U.S. and Chile.

How many customers did Gregory Sorensen manage in his previous role before MSEX?

In his previous role, Sorensen managed services for approximately 200,000 customers in AZ, CA, and TX, and 240,000 customers in Chile, totaling 440,000 customers.

Middlesex Water Co

NASDAQ:MSEX

MSEX Rankings

MSEX Latest News

MSEX Stock Data

1.20B
17.53M
1.65%
80.03%
4.42%
Utilities - Regulated Water
Water Supply
Link
United States of America
ISELIN