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Chesapeake Utilities Corporation (CPK)

NYSE - Nasdaq Real Time Price. Currency in USD
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78.150+0.750 (+0.969%)
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Chesapeake Utilities Corporation

909 Silver Lake Boulevard
Dover, DE 19904
United States
302-734-6799
http://www.chpk.com

SectorUtilities
IndustryGas Utilities
Full Time Employees903

Key Executives

NameTitlePayExercisedAge
Mr. John R. SchimkaitisChairman, CEO of Florida Public Utilities and Chairman of Florida Public UtilitiesN/AN/A69
Mr. Michael P. McMastersChief Exec. Officer, Pres and Director976.06kN/A58
Mrs. Beth W. CooperChief Financial Officer, Sr. VP and Assistant Sec.446.27kN/A50
Mr. Stephen C. ThompsonSr. VP536.24kN/A56
Ms. Elaine B. BittnerSVP of Strategic Devel.409.73kN/A47
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Chesapeake Utilities Corporation, a diversified energy company, engages in various energy and other businesses. The company operates in two segments, Regulated Energy and Unregulated Energy. The Regulated Energy segment engages in the distribution of natural gas in Delaware, Maryland and Florida; distribution of electricity in Florida; and transmission of natural gas on the Delmarva Peninsula and in Florida. The Unregulated Energy segment distributes propane; wholesale markets propane and crude oil; markets natural gas; supplies, gathers, and processes unregulated natural gas; and generates electricity and steam. This segment also provides other unregulated energy services, such as energy-related merchandise sales; heating, ventilation and air conditioning services, plumbing, and electrical services. The company also owns and leases office buildings in Delaware and Maryland. It serves residential, commercial, industrial, and wholesale customers. The company was founded in 1859 and is based in Dover, Delaware.

Corporate Governance

Chesapeake Utilities Corporation’s ISS Governance QualityScore as of September 1, 2017 is 7. The pillar scores are Audit: 1; Board: 4; Shareholder Rights: 10; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.