The Board of Directors of Artesian Resources Corporation names David B. Spacht President of Artesian Wastewater Management, ...
July 30 2019 - 5:17PM
The Board of Directors of Artesian Resources Corporation (Nasdaq:
ARTNA), which includes operations in Delaware, Maryland and
Pennsylvania, announced that David B. Spacht was named President of
Artesian Wastewater Management, Inc., effective August 1,
2019. Mr. Spacht began his career with Artesian in 1980 and
currently serves as Chief Financial Officer and Treasurer of
Artesian Resources Corporation and Subsidiaries.
Since 1998 when Artesian began wastewater
services, Mr. Spacht has been a major force in the company’s
wastewater business, which grew its customer base by nearly 17% in
2018. “Dave’s leadership has been instrumental in leading
Artesian’s vision of an environmentally friendly solution for cost
effectively recycling wastewater regionally in Delaware,” said Dian
C. Taylor, Chair, President and Chief Executive Officer of
Artesian.
Mr. Spacht has worked closely with Public
Service Commissions for over 30 years in developing rates for our
regulated utilities. He was selected by the National
Association of Regulatory Utility Commissioners to the Water
Subcommittee as an instructor for their semi-annual course on
utility rate making.
Mr. Spacht is also a member of several national
and local organizations, including the National Association of
Water Companies, having served on their Finance Committee for 31
years, and in 2015 joining the Rate and Regulatory Committee.
He is also a member of the American Water Works Association, the
International Organization of Management Accountants, and Special
Olympics Delaware.
About Artesian Resources
Artesian Resources Corporation operates as a
holding company of wholly-owned subsidiaries offering water and
wastewater services, and related services, on the Delmarva
Peninsula. Artesian Water Company, the principal subsidiary,
is the oldest and largest regulated water utility on the Delmarva
Peninsula and has been providing water service since 1905.
Artesian supplies 7.9 billion gallons of water per year through
1,311 miles of water main to nearly a third of Delaware
residents.
Contact:
Virginia EisenbreyCommunications(302)
453-6900veisenbrey@artesianwater.com
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