Middlesex Water Company Hosts Annual Meeting
Iselin, N.J. -- Middlesex Water Company (NASDAQ:MSEX), a provider of water and wastewater and related services held its Annual Meeting on May 21, 2019 at which shareholders elected Ann L. Noble to a two-year term and re-elected directors Steven M. Klein, Amy B. Mansue and Walter G. Reinhard each to three-year terms on the Company’s Board of Directors. Shareholders also approved a non-binding advisory resolution approving the compensation of the Company’s named executive officers and ratified the Audit Committee’s selection of Baker Tilly Virchow Krause, LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2019.
During the meeting, officers discussed the company’s 2018 and First Quarter 2019 financial results, ongoing investment in major infrastructure capital projects, relocation of its Corporate headquarters, the Company’s 5% Discount currently in effect, new requirements of the American Water Infrastructure Act and a planned $ 71 million treatment plant and electrical system upgrade at the Company’s largest plant in New Jersey.
About Middlesex Water Company
Organized in 1897, Middlesex Water provides regulated and unregulated water and wastewater utility services in New Jersey, Delaware and Pennsylvania through various subsidiary companies.