leadership
confidence high
sentiment neutral
materiality 0.60
Middlesex Water names Nadine Leslie President & CEO effective March 1, 2024
MIDDLESEX WATER CO
- Nadine Leslie appointed President & CEO and Board member, succeeding retiring CEO Dennis Doll.
- Leslie previously served as CEO of SUEZ North America (2019-2022), overseeing $1.1B revenue operations.
- Employment agreement through Dec 31, 2030; base salary $725,000; target bonus 50% of base salary.
- Target annual equity grant 50% of base salary ($362,500); supplemental equity grants totaling $750,000 over three years.
- Dennis Doll remains Chairman through May 21, 2024, and will provide consulting services through that date.