Essential Utilities, Inc. (WTRG)

38.74 -0.52 (-1.32%) At close: 04:00PM EDT

Essential Utilities, Inc.

762 West Lancaster Avenue
Bryn Mawr, PA 19010-3489
United States
610 527 8000
https://www.essential.co

Sector(s): Utilities
Industry: Utilities - Regulated Water
Full-time employees: 3,258

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Christopher H. Franklin	Chairman, President & CEO	2.44M	N/A	1965
Mr. Daniel J. Schuller Ph.D.	Executive VP & CFO	1M	N/A	1970
Mr. Christopher Paul Luning	Executive VP & General Counsel	824.8k	N/A	1968

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Essential Utilities, Inc., through its subsidiaries, operates regulated utilities that provide water, wastewater, or natural gas services in the United States. The company operates through Regulated Water and Regulated Natural Gas segments. It offers water services through operating and maintenance contract with municipal authorities and other parties. In addition, the company provides utility service line protection solutions and repair services to households. It serves approximately 5.5 million residential water, commercial water, fire protection, industrial water, wastewater, and other water and utility customers in Pennsylvania, Ohio, Texas, Illinois, North Carolina, New Jersey, Indiana, Virginia, and Kentucky under the Aqua and Peoples brands. The company was formerly known as Aqua America, Inc. and changed its name to Essential Utilities, Inc. in February 2020. Essential Utilities, Inc. was founded in 1886 and is headquartered in Bryn Mawr, Pennsylvania.

Corporate governance

Essential Utilities, Inc.’s ISS governance QualityScore as of 18 September 2024 is 4. The pillar scores are Audit: 2; Board: 6; Shareholder rights: 4; Compensation: 6.

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 10 indicates higher governance risk.