secwatch.observer — SEC 8-K summary
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Issuer:     MIDDLESEX WATER CO (MSEX)
CIK:        0000066004
Form:       8-K
Filed at:   2024-11-26T23:59:59+00:00
Accession:  0001104659-24-123078
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Middlesex Water appoints Gregory Sorensen as VP/COO; VP Andreasen to retire after 42 years
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- Gregory Sorensen named Vice President and Chief Operating Officer, effective December 16, 2024.
- Annual base salary of $475,000, plus immediate supplemental equity grant of $120,000 in MSEX stock.
- Target annual equity incentive set at 30% of base salary, eligible from 2025 with grants beginning 2026.
- G. Christian Andreasen, VP Enterprise Engineering, will retire effective January 31, 2025, after 42 years of service.
- Sorensen previously served as President, West Region at Liberty Utilities, overseeing $400M+ utility revenue.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/66004/000110465924123078/0001104659-24-123078-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/66004/000110465924123078/tm2429517d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-123078

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