Unitil Shareholders Elect Directors at Annual Meeting
Unitil Corporation held its Annual Meeting of Shareholders on April 27, 2022, in Hampton, New Hampshire, where shareholders elected three new board members for three-year terms. Deloitte & Touche, LLP was ratified as the independent public accountants for 2022, and an advisory vote on executive compensation received 96% approval. CEO Thomas P. Meissner, Jr. presented 2021 highlights and the outlook for economic growth and low-carbon transition strategies. Unitil serves approximately 107,700 electric and 86,600 natural gas customers in New England.
- 96% shareholder approval for executive compensation advisory vote.
- Election of experienced board members to enhance governance.
- None.
HAMPTON, N.H., April 27, 2022 (GLOBE NEWSWIRE) -- Unitil Corporation (NYSE:UTL) (unitil.com) held its Annual Meeting of Shareholders today at the corporate office in Hampton, New Hampshire. Shareholders elected Edward F. Godfrey, Eben S. Moulton, and David A. Whiteley to the Board of Directors each for a term of three years. Shareholders also ratified the selection of Deloitte & Touche, LLP as independent registered public accountants for 2022. Additionally, the required shareholder advisory vote concerning executive compensation, also known as “say on pay,” was approved by
Following the business of the formal meeting, Thomas P. Meissner, Jr., Unitil's Chairman, Chief Executive Officer and President, presented highlights from 2021 as well as the outlook for economic growth for the coming year, and a strategic look at the transition to a low-carbon future. Mr. Meissner's presentation is available in the Investor Relations section of the Company’s website at investors.unitil.com.
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, Unitil’s operating utilities serve approximately 107,700 electric customers and 86,600 natural gas customers. For more information about our people, technologies, and community involvement please visit unitil.com.
This press release contains forward-looking statements, which are subject to the inherent uncertainties in predicting future results and conditions. All statements, other than statements of historical fact, are forward-looking statements. Certain factors that could cause the actual results to differ materially from those projected in these forward-looking statements include, but are not limited to the following: variations in weather; changes in the regulatory environment; customers' preferences on energy sources; general economic conditions; increased competition; fluctuations in supply, demand, transmission capacity and prices for energy commodities; and other uncertainties, all of which are difficult to predict, and many of which are beyond the control of Unitil Corporation.
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
FAQ
What were the shareholder decisions made at Unitil's Annual Meeting on April 27, 2022?
Who presented the highlights at Unitil's Annual Meeting?
What is Unitil Corporation's role in energy provision?
Which accounting firm was selected for Unitil in 2022?
