UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 2, 2019
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MIDDLESEX WATER COMPANY
(Exact name of registrant as specified in its charter)
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| NEW JERSEY | 0-422 | 22-114430 |
| (State or Other Jurisdiction | (Commission | (I.R.S. Employer |
| of Incorporation) | File Number) | Identification No.) |
485C Route 1 South, Suite 400, Iselin, New Jersey 08830
(Address of Principal Executive Offices) (Zip Code)
(732)-634-1500
(Registrant’s telephone number, including area code)
N/A
(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:
| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ | 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 | MSEX | NASDAQ |
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 ☐
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. ☐
| Item 5.02 | DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF PRINCIPAL OFFICERS |
Announcement of the retirement of Richard M. Risoldi, Senior Vice President – Operations and Chief Operating Officer of Middlesex Water Company effective July 1, 2019 and the appointment of new officers G. Christian Andreasen – Vice President – Enterprise Engineering, Georgia M. Simpson – Vice President - Information Technology and Robert K. Fullagar, Vice President - Operations.
| Item 9.01 | Financial Statements and Exhibits |
The following is filed herewith as an exhibit.
(c) Exhibits
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf of the undersigned hereunto duly authorized.
| MIDDLESEX WATER COMPANY | |
| (Registrant) | |
| s/A. Bruce O’Connor | |
| A. Bruce O’Connor | |
| Sr. Vice President, Treasurer and | |
| Chief Financial Officer |
Dated: July 2, 2019
RICHARD M. RISOLDI, MIDDLESEX WATER COMPANY COO RETIRES,
NEW OFFICERS NAMED
ISELIN, NJ, July 2, 2019 - Middlesex Water Company (NASDAQ:MSEX) announced today that Richard M. Risoldi, Senior Vice President – Operations & Chief Operating Officer retired effective July 1, 2019. The Company reported several executive leadership changes in October 2018 in connection with its succession plans. The following executives, G. Christian Andreasen, Georgia M. Simpson and Robert K. Fullagar have been named Vice Presidents of the Company effective July 1, 2019 and will join the Company’s Executive Committee.
“As Chief Operating Officer of Middlesex Water, Rick’s numerous responsibilities included oversight of water and wastewater treatment, engineering/construction, capital projects, disaster recovery, large technology implementation, regulatory compliance and safety,” said Dennis W. Doll, Middlesex Water President and CEO. “We are grateful for his expert leadership and for the smooth transition of oversight of key responsibilities to the team now assuming familiar but larger leadership roles. We wish Rick good health and happiness in his retirement and congratulate the new members of our Executive team,” added Doll.
G. Christian Andreasen has been named Vice President – Enterprise Engineering. This role will bring the Engineering and all related elements of capital planning and execution for all companies in the Middlesex Water Company enterprise under a single management structure. Mr. Andreasen has been with the Company for 36 years.
Georgia M. Simpson has been named Vice President – Information Technology. This role reflects the expanded prominence of information technology in the Company’s strategy, business processes and risk profile. Ms. Simpson has been with the Company for 9 years.
Robert Fullagar has been named Vice President – Operations. This role assumes responsibility for the Production and Distribution functions as well as wastewater Collection and Treatment functions enterprise-wide. Mr. Fullagar has been with the Company for 21 years.
About Middlesex Water Company
Middlesex Water Company, organized in 1897, is an investor-owned water utility, serving customers in New Jersey, Delaware and Pennsylvania.
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 Contact:
Bernadette M. Sohler
Vice President – Corporate Affairs
(732) 638-7549