Unitil Shareholders Elect Directors at Annual Meeting
26 April 2023 - 10:40PM
Unitil Corporation (NYSE:UTL) (unitil.com) held its Annual Meeting
of Shareholders today at the corporate office in Hampton, New
Hampshire. Shareholders elected Neveen F. Awad, Winfield S. Brown,
Mark H. Collin and Michael B. Green to the Board of Directors each
for a term of three years, and elected Anne L. Alonzo to the Board
of Directors for an initial term of two years. Shareholders also
ratified the selection of Deloitte & Touche, LLP as independent
registered public accountants for 2023.
Additionally, the required shareholder advisory vote concerning
executive compensation, also known as “say on pay,” was approved by
97% of shareholders, and the required shareholder advisory vote
concerning the frequency of future advisory votes on executive
compensation, also known as “say on pay frequency,” was approved to
occur at an annual frequency.
Following the business of the formal meeting, Thomas P.
Meissner, Jr., Unitil's Chairman, Chief Executive Officer and
President, presented highlights from 2022 as well as a strategic
look at the Clean Energy Transition and creating long-term
sustainable value. 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, 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.
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 RelationsPhone: 603-773-6504Email:
diggins@unitil.com
Alec O’Meara – Media Relations
Phone:
603-773-6404
Email: omeara@unitil.com
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