Unitil Announces Organizational Changes
Unitil Corporation (NYSE: UTL) announced significant corporate organizational changes effective May 1, 2023. Thomas P. Meissner, Jr. will continue as Chairman and CEO, while Robert B. Hevert becomes President and Chief Administrative Officer. Daniel J. Hurstak will take over Hevert's previous roles as Senior VP, CFO, and Treasurer. Todd Diggins will assume Hurstak's former position as Chief Accounting Officer and Controller. These changes are part of a leadership development and succession plan aimed at ensuring long-term business continuity and adapting to the clean energy transition. The company serves approximately 108,100 electric and 87,500 natural gas customers across New England.
- Leadership changes are part of a succession plan for long-term continuity.
- Appointment of experienced executives may enhance strategic execution.
- None.
HAMPTON, N.H., April 26, 2023 (GLOBE NEWSWIRE) -- Unitil Corporation (“Unitil” or the “Company”) (NYSE:UTL) (unitil.com) today announced that its Board of Directors has approved several corporate organizational changes, all of which are effective as of May 1, 2023.
Thomas P. Meissner, Jr., currently the Company’s Chairman of the Board, Chief Executive Officer and President, will remain as the Company’s Chairman of the Board and Chief Executive Officer, and Robert B. Hevert, currently the Company’s Senior Vice President, Chief Financial Officer and Treasurer, will assume the newly created position of President and Chief Administrative Officer. Daniel J. Hurstak, currently the Company’s Chief Accounting Officer and Controller, will assume Mr. Hevert’s former position as Senior Vice President, Chief Financial Officer and Treasurer. Todd R. Diggins, currently the Company’s Director of Finance, will assume Mr. Hurstak’s former position as Chief Accounting Officer and Controller. Mr. Hevert, Mr. Hurstak and Mr. Diggins will each step down from their current roles in conjunction with these changes on May 1, 2023.
The organizational changes are part of the Company’s continuing leadership development and succession plan to ensure long-term business continuity and prepare the Company for the future.
“The success of our Company will require adaptability, sound strategies, talented people and strong leadership as we navigate the clean energy transition,” said Thomas P. Meissner, Jr., Unitil’s Chairman and Chief Executive Officer. “I’m pleased that we have a qualified team of executives with the character, leadership and experience to guide our Company forward and execute on our long-term strategies.”
About Unitil Corporation
Unitil Corporation provides energy for life by safely and reliably delivering natural gas and electricity in New England. We are committed to the communities we serve and to developing people, business practices, and technologies that lead to the delivery of dependable, more efficient energy. Unitil Corporation is a public utility holding company with operations in Maine, New Hampshire and Massachusetts. Together, our operating utilities serve approximately 108,100 electric customers and 87,500 natural gas customers. For more information about our people, technologies, and community involvement please visit unitil.com.
For more information please contact:
Todd Diggins – Investor Relations
Phone: 603-773-6504
Email: diggins@unitil.com
Alec O’Meara – Media Relations
Phone: 603-773-6404
Email: omeara@unitil.com
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