Richard M. Risoldi, Middlesex Water Company COO Retires, New Officers Named
July 02 2019 - 10:44AM
Middlesex Water Company (NASDAQ:MSEX) announced today that Richard
M. Risoldi, Senior Vice President – Operations & Chief
Operating Officer retired effective July 1, 2019. The Company
reported several executive leadership changes in October 2018 in
connection with its succession plans. The following executives, G.
Christian Andreasen, Georgia M. Simpson and Robert K. Fullagar have
been named Vice Presidents of the Company effective July 1, 2019
and will join the Company’s Executive Committee.
“As Chief Operating Officer of Middlesex Water, Rick’s numerous
responsibilities included oversight of water and wastewater
treatment, engineering/construction, capital projects, disaster
recovery, large technology implementation, regulatory compliance
and safety,” said Dennis W. Doll, Middlesex Water President and
CEO. “We are grateful for his expert leadership and for the smooth
transition of oversight of key responsibilities to the team now
assuming familiar but larger leadership roles. We wish Rick
good health and happiness in his retirement and congratulate the
new members of our Executive team,” added Doll.
G. Christian Andreasen has been named Vice President –
Enterprise Engineering. This role will bring the Engineering and
all related elements of capital planning and execution for all
companies in the Middlesex Water Company enterprise under a single
management structure. Mr. Andreasen has been with the Company for
36 years.
Georgia M. Simpson has been named Vice President – Information
Technology. This role reflects the expanded prominence of
information technology in the Company’s strategy, business
processes and risk profile. Ms. Simpson has been with the Company
for 9 years.
Robert Fullagar has been named Vice President –
Operations. This role assumes responsibility for the
Production and Distribution functions as well as Wastewater
Collection and Treatment functions enterprise-wide. Mr. Fullagar
has been with the Company for 21 years.
About Middlesex Water Company
Middlesex Water Company, organized in 1897, is an investor-owned
water utility serving customers in New Jersey, Delaware and
Pennsylvania.
This release contains forward looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995,
including, among others, our long-term strategy and expectations,
the status of our acquisition program, the impact of our
acquisitions, the impact of current and projected rate requests and
the impact of our capital program on our environmental compliance.
There are important factors that could cause actual results to
differ materially from those expressed or implied by such
forward-looking statements including: general economic business
conditions, unfavorable weather conditions, the success of certain
cost containment initiatives, changes in regulations or regulatory
treatment, availability and the cost of capital, the success of
growth initiatives and other factors discussed in our filings with
the Securities and Exchange Commission.
Media Contact:Bernadette M. SohlerVice President – Corporate
Affairs(732) 638-7549
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/0b1c43e6-127b-47f3-9b65-0d22066b9f26
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