An announcement from Unitil Corp (UTL) is now available.
Unitil Corporation has solidified its executive leadership by approving a new Employment Agreement with Thomas P. Meissner, Jr. to continue as CEO and Chairman through April 2027, with a base salary of $712,025 and potential for incentives and benefits, including stock participation and health club membership. Additionally, shareholders have endorsed the expansion of the company’s stock plan, increasing available shares for awards, and have voted in favor of key proposals, including electing directors, ratifying the company’s accounting firm, and approving executive compensation. This series of decisions underscores Unitil’s commitment to stable governance and strategic incentive alignment, poised to interest stockholders and market watchers.
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