Chesapeake Utilities again wins corporate governance honor

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Chesapeake Utilities Corporation announced that its Corporate Governance team was recognized as Governance Team of the Year for small to mid-cap-sized companies.

The team took top honors at Corporate Secretary magazine’s tenth annual Corporate Governance Awards ceremony in New York City last month.This award celebrates the best overall corporate governance team among small to mid-cap companies throughout the country.

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“The Governance Team of the Year award recognizes our commitment to the highest ethical standards, compliance and best practices in corporate governance, which are embedded in the Company’s culture and values,” said Michael P. McMasters, CEO of Chesapeake Utilities Corporation. “The foundation of any public company is its commitment, as demonstrated by our Corporate Governance team, to do its very best for its stakeholders, including customers, employees, investors and the communities we serve.”

This is the third year the company has been recognized by Corporate Secretary magazine for its outstanding Corporate Governance practices, and the second time it has taken top honors. This year, a record number of nominations were received in the ten-year history of the ceremony. Other award winners included Apple, Eli Lilly and Company, Honeywell, Intel Corporation, Microsoft, PepsiCo, Visa and USAA.

“It was a wonderful night of achievement, recognition and celebration of some of the best in corporate governance, with a commitment to a culture that promotes integrity and accountability,” said James F. Moriarty, senior vice president, general counsel and corporate secretary of Chesapeake Utilities Corporation. “Congratulations to Stacie Roberts, director of Corporate Governance, and the entire team for their hard work, passion for excellence, and for making a positive contribution each and every day.”

Chesapeake is a natural gas utility, gas wholesaler, propane andgas pipeline company.

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