tiprankstipranks
Trending News
More News >

Middlesex Water Secures Executive Retention Amid Changes

Middlesex Water Secures Executive Retention Amid Changes

Confident Investing Starts Here:

Middlesex Water Company ( (MSEX) ) has shared an update.

Middlesex Water Company has renewed its Change in Control Agreements with key executives, effective January 1, 2025, ensuring severance benefits in case of employment termination after a change in control. These agreements promise compensation, including lump sum payments and benefit continuations, if executives are dismissed without cause or resign for valid reasons post-acquisition or board changes. This strategic move indicates the company’s proactive approach to executive retention amid potential market shifts.

For an in-depth examination of MSEX stock, go to TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App