CPK News & Events

Chesapeake Utilities Corporation announced two leadership appointments. Effective April 1, senior VP and Chief Accounting Officer Michael Galtman will assume the role of Chief Transformation Officer to oversee the company's enterprise resource plan implementation in addition to managing financial planning, corporate development, tax and treasury operations. In conjunction with this transition, Melissa Barnes, who joined the company on March 30, has been appointed VP and Chief Accounting Officer, and will be responsible for the company's accounting and financial reporting functions.

Chesapeake Utilities announced that executive vice president and CFO Beth Cooper will retire on June 30, following 36 years with the company. Senior vice president and COO Jeff Sylvester, who began his career with Chesapeake Utilities in 2004 serving in finance and business development roles, will succeed Cooper, effective July 1.

Reports Q4 revenue $258.9M vs. $215M last year. "We started the year with a simple mission: deliver with purpose and reach new heights, so I'm proud that our full-year performance and results demonstrate exactly that: we provided safe and reliable energy to over 450 thousand customers, were active members of our communities, invested a record-breaking $470M of capital and achieved nearly 12 percent year-over-year Adjusted EPS growth," said CEO Jeff Householder. "Looking forward to 2026, I am excited about the opportunities ahead as we build on the blueprint we've established and leverage the capabilities of our team to continually transform the Company for future growth. As we tackle larger-scale capital projects, improve FCG's return profile and implement significant technology upgrades across our enterprise, we are positioning the company for a new level of service, efficiency and growth, which will drive sustained value for all our stakeholders for years to come."