Essential Utilities Management

Management criteria checks 3/4

Essential Utilities' CEO is Chris Franklin, appointed in Jul 2015, has a tenure of 8.83 years. total yearly compensation is $5.23M, comprised of 18.9% salary and 81.1% bonuses, including company stock and options. directly owns 0.085% of the company’s shares, worth €8.46M. The average tenure of the management team and the board of directors is 6 years and 2.8 years respectively.

Key information

Chris Franklin

Chief executive officer

US$5.2m

Total compensation

CEO salary percentage	18.9%
CEO tenure	8.8yrs
CEO ownership	0.08%
Management average tenure	6yrs
Board average tenure	2.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Chris Franklin's remuneration changed compared to Essential Utilities's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$573m
Dec 31 2023	US$5m	US$986k	US$498m
Sep 30 2023	n/a	n/a	US$478m
Jun 30 2023	n/a	n/a	US$466m
Mar 31 2023	n/a	n/a	US$457m
Dec 31 2022	US$5m	US$939k	US$465m
Sep 30 2022	n/a	n/a	US$467m
Jun 30 2022	n/a	n/a	US$449m
Mar 31 2022	n/a	n/a	US$447m
Dec 31 2021	US$5m	US$900k	US$432m
Sep 30 2021	n/a	n/a	US$418m
Jun 30 2021	n/a	n/a	US$423m
Mar 31 2021	n/a	n/a	US$417m
Dec 31 2020	US$7m	US$859k	US$285m
Sep 30 2020	n/a	n/a	US$246m
Jun 30 2020	n/a	n/a	US$279m
Mar 31 2020	n/a	n/a	US$259m
Dec 31 2019	US$6m	US$793k	US$225m
Sep 30 2019	n/a	n/a	US$157m
Jun 30 2019	n/a	n/a	US$146m
Mar 31 2019	n/a	n/a	US$158m
Dec 31 2018	US$4m	US$749k	US$192m
Sep 30 2018	n/a	n/a	US$249m
Jun 30 2018	n/a	n/a	US$247m
Mar 31 2018	n/a	n/a	US$242m
Dec 31 2017	US$4m	US$706k	US$240m

Compensation vs Market: Chris's total compensation ($USD5.23M) is about average for companies of similar size in the German market ($USD5.02M).

Compensation vs Earnings: Chris's compensation has been consistent with company performance over the past year.

CEO

Chris Franklin (58 yo)

8.8yrs

Tenure

US$5,226,096

Compensation

Mr. Christopher H. Franklin, also known as Chris, serves as Director at CenterPoint Energy Resources Corp. He has been an Independent Director of CenterPoint Energy, Inc. since April 22, 2022. He serves as...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Christopher Franklin	Chairman	8.8yrs	US$5.23m	0.085% $ 8.5m
Daniel Schuller	Executive VP & CFO	5.6yrs	US$1.08m	0.017% $ 1.7m
Christopher Luning	Executive VP & General Counsel	12.1yrs	US$1.29m	0.020% $ 2.0m
Matthew Rhodes	Executive Vice President of Strategy & Corporate Development	5.9yrs	US$987.70k	0.0099% $ 988.3k
Christina Kelly	Senior VP & Chief Human Resources Officer	6yrs	US$105.00k	no data
Colleen Arnold	President of Aqua Water	8.7yrs	US$624.97k	0.0026% $ 262.0k
Robert Rubin	Senior VP	25.2yrs	no data	0.027% $ 2.6m
Sumit Nair	VP & Chief Information Officer	1.5yrs	no data	no data
Whitney Kellett	Senior Vice President & Chief Administrative Officer	no data	no data	no data
Brian Dingerdissen	Vice President of Investor Relations & Treasurer	1.8yrs	no data	no data
Christopher Crockett	Chief Environmental	7.9yrs	no data	no data
Michael Huwar	President of Peoples Natural Gas	2.8yrs	no data	0.0032% $ 323.8k

6.0yrs

Average Tenure

55yo

Average Age

Experienced Management: A2A's management team is seasoned and experienced (6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Christopher Franklin	Chairman	8.6yrs	US$5.23m	0.085% $ 8.5m
Daniel Hilferty	Lead Independent Director	6.9yrs	US$270.04k	0.010% $ 1.0m
Roderick West	Independent Director	less than a year	US$56.25k	0.00030% $ 29.9k
David Ciesinski	Independent Director	2.8yrs	US$225.04k	0.0023% $ 228.1k
Elizabeth Amato	Independent Director	5.8yrs	US$240.04k	0.0059% $ 586.8k
Tamara Linde	Independent Director	no data	no data	no data
Christopher Bruner	Independent Director	no data	no data	no data
W. Lewis	Independent Director	1.6yrs	US$225.04k	0.0013% $ 126.5k
Edwina Kelly	Independent Director	3yrs	US$50.00k	no data

2.8yrs

Average Tenure

58yo

Average Age

Experienced Board: A2A's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.

Essential Utilities Management

Management criteria checks 3/4

Key information

Recent management updates

Essential Utilities, Inc., Annual General Meeting, May 01, 2024

Essential Utilities, Inc. Announces Election of Roderick K. West to Board of Directors

Essential Utilities, Inc. Announces Board Changes

Chairman recently bought €1.4m worth of stock

Independent Director recently sold €395k worth of stock

Essential Utilities, Inc. Announces Appointment of Two Seasoned Executive Leaders

Recent updates

Essential Utilities, Inc. Updates Earnings Guidance for the Year 2024

Essential Utilities, Inc. to Report Q1, 2024 Results on May 02, 2024

Essential Utilities, Inc., Annual General Meeting, May 01, 2024

Dividend of US$0.31 announced

Full year 2023 earnings released: EPS: US$1.87 (vs US$1.77 in FY 2022)

Essential Utilities, Inc. Provides Earnings Guidance for the Year 2024

Essential Utilities Inc. Declares Quarterly Cash Dividend, Payable on June 1, 2024

Essential Utilities, Inc. to Report Q4, 2023 Results on Feb 22, 2024

Upcoming dividend of US$0.31 per share at 3.4% yield

Cordia LLC acquired Three Microgrids And District Energy Systems In Allegheny, Pennsylvania of Essential Utilities, Inc.

Essential Utilities, Inc. Declares Quarterly Cash Dividend, Payable on March 1, 2024

New minor risk - Shareholder dilution

Third quarter 2023 earnings released: EPS: US$0.30 (vs US$0.26 in 3Q 2022)

Upcoming dividend of US$0.31 per share at 3.7% yield

Essential Utilities, Inc. Announces Election of Roderick K. West to Board of Directors

Essential Utilities Inc. Declares a Quarterly Cash Dividend, Payable December 1, 2023

Essential Utilities, Inc. to Report Q3, 2023 Results on Nov 06, 2023

Cordia LLC signed a letter of intent to acquire Three Microgrids And District Energy Systems In Allegheny, Pennsylvania of Essential Utilities, Inc. for a transaction valued at $165 million.

Second quarter 2023 earnings released: EPS: US$0.34 (vs US$0.31 in 2Q 2022)

Essential Utilities, Inc. Declares Quarterly Cash Dividend, Payable on September 1, 2023

Essential Utilities, Inc. to Report Q2, 2023 Results on Aug 07, 2023

Essential Utilities, Inc. Announces Board Changes

Essential Utilities, Inc. Declares Quarterly Cash Dividend, Payable on June 1, 2023

First quarter 2023 earnings released: EPS: US$0.72 (vs US$0.76 in 1Q 2022)

Essential Utilities, Inc. Provides Earnings Guidance for the Year 2023 and 2025

Upcoming dividend of US$0.29 per share at 2.7% yield

Chairman recently bought €1.4m worth of stock

Full year 2022 earnings released: EPS: US$1.77 (vs US$1.68 in FY 2021)

Upcoming dividend of US$0.29 per share at 2.4% yield

Essential Utilities, Inc. to Report Q4, 2022 Results on Feb 27, 2023

Hope Gas, Inc. entered into an agreement to acquire Peoples Natural Gas from Essential Utilities (NYSE: WTRG).

Essential Utilities, Inc. Declares March 2023 Dividend, Payable on March 1, 2023

Independent Director recently sold €395k worth of stock

Essential Utilities, Inc. Announces Appointment of Two Seasoned Executive Leaders

Third quarter 2022 earnings released: EPS: US$0.26 (vs US$0.20 in 3Q 2021)

Essential Utilities, Inc. Reaffirms Earnings Guidance for the Full Year 2022

Upcoming dividend of US$0.29 per share

Essential Utilities, Inc. Announces Executive Changes

Essential Utilities, Inc. Declares Quarterly Cash Dividend, Payable on December 1, 2022

Essential Utilities, Inc. Announces Executive Changes, Effective December 1, 2022

Essential Utilities, Inc. to Report Q3, 2022 Results on Nov 07, 2022

Essential Utilities, Inc. Appoints Kimberly Joyce as Corporate Secretary

Essential Utilities, Inc. Appoints Whitney Kellett to Head SIP Project and Assume Chief Administrative Officer Role in 2023

Essential Utilities Announces Promotion of Dave Kralle to Chief of Staff

Essential Utilities, Inc. Reaffirms Earnings Guidance for the Full Year of 2022

Second quarter 2022 earnings released: EPS: US$0.31 (vs US$0.32 in 2Q 2021)

Essential Utilities Inc. Declares Quarterly Cash Dividend, Payable September 1, 2022

Essential Utilities, Inc. to Report Q2, 2022 Results on Aug 03, 2022

First quarter 2022 earnings released: EPS: US$0.76 (vs US$0.72 in 1Q 2021)

Essential Utilities, Inc. Reaffirms Earnings Guidance for the Full Year of 2022

Upcoming dividend of US$0.27 per share

Essential Utilities, Inc. to Report Q1, 2022 Results on May 09, 2022

Essential Utilities, Inc., Annual General Meeting, May 04, 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Essential Utilities, Inc. Provides Earnings Guidance for the Full Year 2022

Essential Utilities, Inc. Declares March 2022 Dividend, Payable on March 1, 2022

Senior VP recently sold €88k worth of stock

Upcoming dividend of US$0.27 per share

Third quarter 2021 earnings released: EPS US$0.20 (vs US$0.22 in 3Q 2020)

Executive VP & CFO recently sold €85k worth of stock

Essential Utilities, Inc. Provides Earnings Guidance for the Year 2021

Second quarter 2021 earnings released: EPS US$0.32 (vs US$0.29 in 2Q 2020)

Upcoming dividend of US$0.27 per share

Senior VP recently sold €87k worth of stock

Essential Utilities, Inc. (NYSE:WTRG) signed an asset purchase agreement to acquire Municipal water system in Illinois for $12.5 million.

First quarter 2021 earnings released: EPS US$0.72 (vs US$0.22 in 1Q 2020)

Upcoming dividend of US$0.25 per share

Essential Utilities, Inc. Reaffirms Earnings Guidance for 2021

Essential Utilities, Inc. to Report Q4, 2020 Results on Feb 24, 2021