UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
(b) On December 1, 2023, Eben S. Moulton provided notice that he will resign as a member of the Board of Directors (the “Board”) of Unitil Corporation (the “Company”), effective December 1, 2023. Mr. Moulton has served on the Board as well as the Compensation Committee since 2000, including as chair of the Compensation Committee from 2000 to 2017. Mr. Moulton elected to resign from the Board prior to the expiration of his current term in April 2025 in order to pursue additional personal interests in his retirement years. Mr. Moulton’s resignation is not due to a disagreement with the Company.
Item 7.01 Regulation FD Disclosure
A copy of the Company’s press release announcing Mr. Moulton’s resignation is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
| Number |
Exhibit | |
| 99.1 | Press Release Dated December 1, 2023 | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| UNITIL CORPORATION | ||
| By: | /s/ Daniel J. Hurstak | |
| Name: Daniel J. Hurstak | ||
| Title: Senior Vice President, Chief Financial Officer and Treasurer | ||
| Date: | December 5, 2023 | |
|
Exhibit 99.1 |
FOR RELEASE
Unitil Announces Director Resignation
—————————————————————————————————
HAMPTON, NH, December 1, 2023: Unitil Corporation (NYSE: UTL) (unitil.com) today announced that Eben S. Moulton will resign as a member of the Board of Directors (the “Board”) of Unitil Corporation, effective as of today, December 1, 2023. Mr. Moulton has served on the Board since 2000, including as chair of the Compensation Committee from 2002 to 2017. Mr. Moulton elected to resign from the Board prior to the expiration of his current term in April 2025 in order to pursue additional personal interests in his retirement years.
“On behalf of our leadership team and the entire Unitil Board, I would like to thank Eben for his many contributions in the boardroom and for his expertise and dedicated service over an extraordinary 23-year period,” said Thomas P. Meissner, Jr., Unitil’s Chairman and Chief Executive Officer. “Eben’s guidance has been incredibly valuable to me, the Board and our entire leadership team as we position our Company for long-term success in an evolving energy industry. While we will miss Eben’s thoughtful perspectives, we wish Eben and his family all the best following his retirement.”
Currently, Mr. Moulton is the senior advisor to Seacoast Capital Corporation (a private equity firm), which he founded in 1995. Prior to 1995, Mr. Moulton was president of Signal Capital Corporation. Mr. Moulton earned a Bachelor of Arts degree from Colorado College, a Master of Business Administration from Columbia University, and a Ph.D. from Vanderbilt University.
About Unitil Corporation
Unitil Corporation provides energy for life by safely and reliably delivering electricity and natural gas in New England. We are committed to the communities we serve and to developing people, business practices, and technologies that lead to the delivery of dependable, more efficient energy. Unitil Corporation is a public utility holding company with operations in Maine, New Hampshire and Massachusetts. Together, Unitil’s operating utilities serve approximately 108,100 electric customers and 87,500 natural gas customers. For more information about our people, technologies, and community involvement please visit unitil.com.
6 Liberty Lane West
Hampton, NH 03842
T 603.772.0775
www.unitil.com
For more information please contact:
Todd Diggins – Investor Relations
Phone: 603-773-6504
Email: diggins@unitil.com
Alec O’Meara – External Affairs
Phone: 603-773-6404
Email: omeara@unitil.com
6 Liberty Lane West
Hampton, NH 03842
T 603.772.0775
www.unitil.com