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An update from Essential Utilities (WTRG) is now available.
Essential Utilities, Inc. has agreed on a new employment contract with CEO Christopher H. Franklin starting July 1, 2024, for three years with a potential one-year extension. Franklin’s compensation includes a base salary, cash and equity-based incentives, with provisions for severance and full equity vesting under certain termination conditions. Separately, amendments to the Change-in-Control Agreements for other executives revise the conversion terms of stock options to restricted stock units in the event of a Change in Control.
For an in-depth examination of WTRG stock, go to TipRanks’ Stock Analysis page.
