United States

People: Chesapeake Utilities Corp (CPK)

CPK on New York Consolidated

26 Jun 2019
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Schimkaitis, John 

Mr. John R. Schimkaitis is an Independent Chairman of the Board of the Company. He was appointed Chair of the Board in May 2015. He served as Vice Chair of the Board from March 2010 to May 2015. He held the position of Chief Executive Officer of the Company from January 1999 until his retirement in December 2010. Mr. Schimkaitis served as President of the Company from 1997 until 2010. During his tenure with the Company, Mr. Schimkaitis also served as Chief Operating Officer, Chief Financial Officer, Executive Vice President, Senior Vice President, Vice President, Treasurer, Assistant Treasurer, and Assistant Corporate Secretary. Mr. Schimkaitis has more than forty years of experience in the utilities industry, twenty-five years of which were spent in key management roles within the Company. Mr. Schimkaitis’ leadership of the Company from 1999 to 2010 was a period of growth and diversification. In 2009, Mr. Schimkaitis successfully led the Company through the FPU acquisition, the largest transaction in the Company’s history.

Basic Compensation

Total Annual Compensation, USD 135,047
Restricted Stock Awards, USD 59,953
Long-Term Incentive Plans, USD --
All Other, USD --
Fiscal Year Total, USD 195,000

Options Compensation

  Quantity Market Value
Exercisable 20,280 119,145.00
Unexercisable 114,075 --
Exercised 10,400 318,084.00