Middlesex Water

Middlesex Water

MSEX· Transportation and Utilities· Fiscal year ends in December

CEO pay in FY2025Stock -4.2% in FY2025

Nadine Leslie is the CEO of Middlesex Water and was paid $1.9M in FY2025 (Dec), up 53%.

Pay$100 in the stock at the end of FY23 → $77
CEO pay is from each Middlesex Water proxy. The stock line is the value of $100 put in the stock at the start, from the price change of each fiscal year. Dividends are not in it.

Executives5

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  1. 1Nadine LeslieFY2025
  2. 2Mohammed G. ZerhouniFY2025
  3. 3Gregory S. SorensenFY2025
  4. 4Jay L. KooperFY2025
  5. 5Georgia M. SimpsonFY2025

Named executives and their total pay, from the Summary Compensation Table of the latest proxy.

Pay

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Middlesex Water paid its 5 named executives $4.7M in total in FY2025 (Dec). CEO Nadine Leslie was paid $1.9M of that.

Name
Nadine LeslieChair, President and Chief Executive OfficerNot disclosed
Mohammed G. ZerhouniSenior Vice President, Chief Financial Officer and Treasurer
Gregory S. SorensenVice President, Chief Operating OfficerNot disclosed
Jay L. KooperVice President, General Counsel and Secretary
Georgia M. SimpsonVice President, Information Technology and Chief Technology Officer

of each named executive, from the Summary Compensation Table of each proxy.

Peers14

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The FY2025 (Dec) proxy of Middlesex Water names 14 peer companies for pay. Pay versus performance data of Middlesex Water for that year is not on file, so it has no rank.

The comes from the company's proxy. CEO pay and of each company come from its own Pay versus Performance table for the same fiscal year.

Board5

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  • Amy B. MansueLead independent director · 15 yr on the boardIndependentCompensation, Enterprise Risk—Paid as an executive
  • Steven M. KleinDirector · 16 yr on the boardIndependentAudit (Chair), Corporate Governance & Nominating, Pension—Paid as an executive
  • James F. Cosgrove Jr.Director · 15 yr on the boardIndependentCompensation, Pension (Chair)—Paid as an executive
  • Joshua Bershad, M.D.Director · 5 yr on the boardIndependentAudit, Compensation—Paid as an executive
  • Vaughn L. McKoyDirector · 4 yr on the boardIndependentCorporate Governance and Nominating, Enterprise Risk, Pension—Paid as an executive

The board of the latest proxy (FY2025).

Activity

  1. Pay
    Middlesex Water CEO pay rose 53% to $1.9M. The stock fell 4% in FY2025 (Dec).
    DEF 14A
  2. Pay
    Middlesex Water CFO pay rose 18% to $1.0M. The stock fell 4% in FY2025 (Dec).
    DEF 14A
  3. Pay
    Middlesex Water General counsel pay rose 14% to $586.2K. The stock fell 4% in FY2025 (Dec).
    DEF 14A
  4. Pay
    Middlesex Water COO pay rose 480% to $696.5K. The stock fell 4% in FY2025 (Dec).
    DEF 14A
  5. Pay
    Middlesex Water CTO pay rose 15% to $467.6K. The stock fell 4% in FY2025 (Dec).
    DEF 14A
  6. Pay
    Middlesex Water General counsel pay rose 12% to $516.0K. The stock fell 20% in FY2024 (Dec).
    DEF 14A
  7. Pay
    Middlesex Water CTO pay rose 12% to $361.7K. The stock fell 34% in FY2022 (Dec).
    DEF 14A
  8. Pay
    Middlesex Water Director pay fell 67% to $576.0K. The stock fell 20% in FY2024 (Dec).
    DEF 14A
  9. Pay
    Middlesex Water Director pay fell 11% to $1.2M. The stock fell 34% in FY2022 (Dec).
    DEF 14A
  10. Pay
    Middlesex Water CFO pay fell 37% to $812.5K. The stock fell 20% in FY2024 (Dec).
    DEF 14A
  11. Pay
    Middlesex Water CFO pay fell 14% to $653.3K. The stock fell 34% in FY2022 (Dec).
    DEF 14A
  12. Pay
    Middlesex Water Director pay rose 52% to $1.8M. The stock fell 17% in FY2023 (Dec).
    DEF 14A
  13. Pay
    Middlesex Water CFO pay rose 98% to $1.3M. The stock fell 17% in FY2023 (Dec).
    DEF 14A
  14. Board
    Nadine Leslie joined the board of Middlesex Water. Nadine Leslie sits on no other public board.
    3

Filings6

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Proxy statementDEF 14AApr 6, 2026FY2025
Annual report10-KFeb 19, 2026FY2025
Proxy statementDEF 14AApr 10, 2025FY2024
Annual report10-KFeb 28, 2025FY2024
Proxy statementDEF 14AApr 11, 2024FY2023
Annual report10-KMar 1, 2024FY2023
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