Artesian Resources Corporation (ARTNA)

34.89 -0.07 (-0.20%) At close: 04:00PM EDT

Artesian Resources Corporation

664 Churchmans Road
Newark, DE 19702
United States
302 453 6900
https://www.artesianwater.com

Sector(s): Utilities
Industry: Utilities - Regulated Water
Full Time Employees: 251

Key Executives

Name	Title	Pay	Exercised	Year Born
Ms. Dian C. Taylor	Chairperson, CEO & President	774.07k	N/A	1946
Ms. Nicholle R. Taylor	Senior VP of Investor Relations & Director	516.82k	137.36k	1968
Mr. Joseph A. DiNunzio CPA, CGMA	Executive VP & Corporate Secretary	500.96k	N/A	1963
Mr. David B. Spacht	Chief Financial Officer	549.56k	N/A	1960
Mr. John M. Thaeder	Senior Vice President of Operations	439.4k	N/A	1958
Mr. Pierre A. Anderson	Senior VP & Chief Information Officer	N/A	N/A	1979
Ms. Courtney A. Emerson Esq.	General Counsel & Assistant Secretary	N/A	N/A	1982
Ms. Jennifer L. Finch CPA	Corporate Treasurer & Senior VP of Finance	484.65k	N/A	1969

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

Description

Artesian Resources Corporation, through its subsidiaries, provides water, wastewater, and other services in Delaware, Maryland, and Pennsylvania. The company distributes and sells water to residential, commercial, industrial, governmental, municipal, and utility customers, as well as for public and private fire protection in the states of Delaware, Maryland, and Pennsylvania; and offers wastewater collection, treatment infrastructure, and wastewater services to customers in Delaware. It also provides contract water and wastewater services; water, sewer, and internal service line protection plans; and wastewater management services, as well as design, construction, and engineering services. In addition, the company offers services to other water utilities, including operations and billing functions; owns real estate properties, including land for office buildings, a water treatment plant, and wastewater facility; and provides design, installation, maintenance, and repair services related to existing or proposed storm water management systems. As of December 31, 2023, it served approximately 95,900 customers in Delaware; 2,600 customers in Maryland; and 40 customers in Pennsylvania through 1,470 miles of transmission and distribution mains. Artesian Resources Corporation was founded in 1905 and is headquartered in Newark, Delaware.

Corporate Governance

Artesian Resources Corporation’s ISS Governance QualityScore as of April 1, 2024 is 10. The pillar scores are Audit: 6; Board: 10; Shareholder Rights: 10; Compensation: 7.

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 a 10 indicates higher governance risk.