Chesapeake Utilities CFO Retirement Announcement
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 24 2026
0mins
Should l Buy CPK?
Source: NASDAQ.COM
- Executive Retirement: Chesapeake Utilities Corp. announced that CFO Beth Cooper will retire on June 30, concluding a 36-year career with the company, marking a significant change in the management team.
- New CFO Appointment: The company appointed COO Jeff Sylvester as the new CFO, effective July 1, bringing extensive experience in finance, operations, and business development since joining in 2004.
- Historical Transition: Beth Cooper has served as CFO since 2008, succeeding John McMasters, who transitioned to President and COO, indicating ongoing changes in the company's executive leadership.
- Market Performance: Chesapeake Utilities' stock was trading at $126.61 in pre-market on the New York Stock Exchange, reflecting market attention to the management changes within the company.
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Analyst Views on CPK
Wall Street analysts forecast CPK stock price to rise
4 Analyst Rating
2 Buy
2 Hold
0 Sell
Moderate Buy
Current: 126.160
Low
141.00
Averages
151.17
High
160.00
Current: 126.160
Low
141.00
Averages
151.17
High
160.00
About CPK
Chesapeake Utilities Corporation is a diversified energy delivery company. The Company offers sustainable energy solutions through its natural gas transmission and distribution, electricity generation and distribution, propane gas distribution, mobile compressed natural gas utility services and solutions, and other businesses. Its Regulated Energy segment includes energy distribution and transmission services (natural gas distribution, natural gas transmission and electric distribution operations). Its Unregulated Energy segment includes energy transmission, energy generation (the operations of its Eight Flags' CHP plant), propane distribution operations, mobile compressed natural gas distribution and pipeline solutions operations, and sustainable energy investments, including renewable natural gas related investments. It also includes other unregulated energy services, such as energy-related merchandise sales and heating, ventilation and air conditioning, plumbing, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Chesapeake Utilities CFO Retirement Announcement
- Executive Retirement: Chesapeake Utilities Corp. announced that CFO Beth Cooper will retire on June 30, concluding a 36-year career with the company, marking a significant change in the management team.
- New CFO Appointment: The company appointed COO Jeff Sylvester as the new CFO, effective July 1, bringing extensive experience in finance, operations, and business development since joining in 2004.
- Historical Transition: Beth Cooper has served as CFO since 2008, succeeding John McMasters, who transitioned to President and COO, indicating ongoing changes in the company's executive leadership.
- Market Performance: Chesapeake Utilities' stock was trading at $126.61 in pre-market on the New York Stock Exchange, reflecting market attention to the management changes within the company.
See More
Chesapeake Utilities CFO Beth Cooper to Retire in 2026
- Executive Retirement Announcement: Chesapeake Utilities announced that CFO Beth Cooper will retire on June 30, 2026, after a 36-year career with the company, reflecting a planned and stable transition in executive leadership.
- Successor Named: Jeff Sylvester, the current Senior Vice President and COO, will take over as CFO effective July 1, 2026, bringing extensive experience from his roles in finance and business development since joining in 2004, ensuring continuity in leadership.
- Cooper's Contributions: Since joining Chesapeake Utilities in 1990, Cooper has held various key positions in financial and strategic planning, being appointed CFO in September 2008, which has significantly contributed to the company's financial health and strategic direction.
- Future Outlook: Chesapeake Utilities reaffirmed its EPS target of $7.75 to $8 for 2028 while launching a $75 million ERP transformation, indicating a commitment to long-term growth and financial objectives during the executive transition.
See More
Chesapeake Utilities CFO Beth Cooper to Retire After 36 Years
- Executive Retirement: Chesapeake Utilities Corporation announced that CFO Beth Cooper will retire on June 30, 2026, concluding a 36-year career with the company, marking a significant leadership transition.
- Successor Appointment: Senior Vice President and COO Jeff Sylvester will succeed Cooper effective July 1, 2026, bringing extensive experience from his roles in finance and business development since joining the company in 2004.
- Impact of Leadership Change: Cooper's retirement may affect the company's financial strategy and operational model, while Sylvester's succession could introduce new management philosophies and business development directions, influencing future growth potential.
- Company History Reflection: During her tenure, Beth Cooper navigated several key industry transformations, and her financial management laid a solid foundation for the company, making the upcoming leadership transition a pivotal moment for its future development.
See More
Chesapeake Utilities CFO Beth Cooper to Retire After 36 Years
- Executive Retirement: Chesapeake Utilities Corporation announced that CFO Beth Cooper will retire on June 30, 2026, after a 36-year career with the company, marking a significant leadership transition.
- Successor Appointment: Current COO Jeff Sylvester will succeed Cooper as CFO effective July 1, 2026, bringing extensive financial and operational experience since joining in 2004, which is expected to drive future growth for the company.
- Performance Contributions: During her tenure, Cooper drove industry-leading earnings growth and above-average returns, ensuring a strong balance sheet and laying the groundwork for sustainable long-term growth, highlighting her strategic importance to the company.
- Leadership Acknowledgment: Board Chair Jeff Householder expressed gratitude for Cooper's contributions, emphasizing her significant role in the company's development, while expressing confidence in Sylvester's leadership to continue success across the three pillars of growth strategy.
See More
CHESAPEAKE UTILITIES CFO BETH COOPER TO RETIRE; COO JEFF SYLVESTER APPOINTED AS HER REPLACEMENT
Retirement Announcement: Chesapeake Utilities CFO Beth Cooper has announced her retirement from the company.
Successor Named: Jeff Sylvester has been named as Cooper's successor, taking over the CFO role.
See More
Chesapeake Utilities Commits $500K to Safety Training Center
- Safety Training Investment: Chesapeake Utilities Corporation and its subsidiary Florida City Gas have committed $500,000 to the Rockledge Department of Safety Regional Training Center, to be disbursed in five annual installments of $100,000, aimed at enhancing first responder training and community emergency preparedness.
- Community Engagement Commitment: This sponsorship underscores the company's focus on safety and emergency preparedness, with Chesapeake Utilities emphasizing regular engagement with communities to understand local safety needs, thereby improving service to Florida residents.
- Facility Upgrades for Training: The Regional Training Center will feature facilities such as a three-story training tower, natural gas leak simulators, and vehicle fire rescue areas, ensuring first responders receive realistic scenario-based training to improve their readiness for critical incidents.
- Long-term Strategic Partnership: The collaboration between Chesapeake Utilities and the City of Rockledge not only supports safety training but also reflects the company's commitment as a responsible energy provider to long-term community engagement and investment, aimed at enhancing community safety and protection.
See More
Chesapeake Utilities CFO Retirement Announcement
- Executive Retirement: Chesapeake Utilities Corp. announced that CFO Beth Cooper will retire on June 30, concluding a 36-year career with the company, marking a significant change in the management team.
- New CFO Appointment: The company appointed COO Jeff Sylvester as the new CFO, effective July 1, bringing extensive experience in finance, operations, and business development since joining in 2004.
- Historical Transition: Beth Cooper has served as CFO since 2008, succeeding John McMasters, who transitioned to President and COO, indicating ongoing changes in the company's executive leadership.
- Market Performance: Chesapeake Utilities' stock was trading at $126.61 in pre-market on the New York Stock Exchange, reflecting market attention to the management changes within the company.
See More
Chesapeake Utilities CFO Beth Cooper to Retire in 2026
- Executive Retirement Announcement: Chesapeake Utilities announced that CFO Beth Cooper will retire on June 30, 2026, after a 36-year career with the company, reflecting a planned and stable transition in executive leadership.
- Successor Named: Jeff Sylvester, the current Senior Vice President and COO, will take over as CFO effective July 1, 2026, bringing extensive experience from his roles in finance and business development since joining in 2004, ensuring continuity in leadership.
- Cooper's Contributions: Since joining Chesapeake Utilities in 1990, Cooper has held various key positions in financial and strategic planning, being appointed CFO in September 2008, which has significantly contributed to the company's financial health and strategic direction.
- Future Outlook: Chesapeake Utilities reaffirmed its EPS target of $7.75 to $8 for 2028 while launching a $75 million ERP transformation, indicating a commitment to long-term growth and financial objectives during the executive transition.
See More
Chesapeake Utilities CFO Beth Cooper to Retire After 36 Years
- Executive Retirement: Chesapeake Utilities Corporation announced that CFO Beth Cooper will retire on June 30, 2026, concluding a 36-year career with the company, marking a significant leadership transition.
- Successor Appointment: Senior Vice President and COO Jeff Sylvester will succeed Cooper effective July 1, 2026, bringing extensive experience from his roles in finance and business development since joining the company in 2004.
- Impact of Leadership Change: Cooper's retirement may affect the company's financial strategy and operational model, while Sylvester's succession could introduce new management philosophies and business development directions, influencing future growth potential.
- Company History Reflection: During her tenure, Beth Cooper navigated several key industry transformations, and her financial management laid a solid foundation for the company, making the upcoming leadership transition a pivotal moment for its future development.
See More
Chesapeake Utilities CFO Beth Cooper to Retire After 36 Years
- Executive Retirement: Chesapeake Utilities Corporation announced that CFO Beth Cooper will retire on June 30, 2026, after a 36-year career with the company, marking a significant leadership transition.
- Successor Appointment: Current COO Jeff Sylvester will succeed Cooper as CFO effective July 1, 2026, bringing extensive financial and operational experience since joining in 2004, which is expected to drive future growth for the company.
- Performance Contributions: During her tenure, Cooper drove industry-leading earnings growth and above-average returns, ensuring a strong balance sheet and laying the groundwork for sustainable long-term growth, highlighting her strategic importance to the company.
- Leadership Acknowledgment: Board Chair Jeff Householder expressed gratitude for Cooper's contributions, emphasizing her significant role in the company's development, while expressing confidence in Sylvester's leadership to continue success across the three pillars of growth strategy.
See More
CHESAPEAKE UTILITIES CFO BETH COOPER TO RETIRE; COO JEFF SYLVESTER APPOINTED AS HER REPLACEMENT
Retirement Announcement: Chesapeake Utilities CFO Beth Cooper has announced her retirement from the company.
Successor Named: Jeff Sylvester has been named as Cooper's successor, taking over the CFO role.
See More
Chesapeake Utilities Commits $500K to Safety Training Center
- Safety Training Investment: Chesapeake Utilities Corporation and its subsidiary Florida City Gas have committed $500,000 to the Rockledge Department of Safety Regional Training Center, to be disbursed in five annual installments of $100,000, aimed at enhancing first responder training and community emergency preparedness.
- Community Engagement Commitment: This sponsorship underscores the company's focus on safety and emergency preparedness, with Chesapeake Utilities emphasizing regular engagement with communities to understand local safety needs, thereby improving service to Florida residents.
- Facility Upgrades for Training: The Regional Training Center will feature facilities such as a three-story training tower, natural gas leak simulators, and vehicle fire rescue areas, ensuring first responders receive realistic scenario-based training to improve their readiness for critical incidents.
- Long-term Strategic Partnership: The collaboration between Chesapeake Utilities and the City of Rockledge not only supports safety training but also reflects the company's commitment as a responsible energy provider to long-term community engagement and investment, aimed at enhancing community safety and protection.
See More
