Middlesex Water: Pay

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

Pay$100 in the stock at the end of FY23 → $77
CEO pay is from each 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.

Pay of each named executive

Nadine LeslieChair, President and Chief Executive Officer
FY2025 (Dec)
FY2024 (Dec)Not disclosed
2 years
Mohammed G. ZerhouniSenior Vice President, Chief Financial Officer and Treasurer
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)Not disclosed
FY2022 (Dec)Not disclosed
4 years
Gregory S. SorensenVice President, Chief Operating Officer
FY2025 (Dec)
FY2024 (Dec)Not disclosed
2 years
Jay L. KooperVice President, General Counsel and Secretary
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
5 years
Georgia M. SimpsonVice President, Information Technology and Chief Technology Officer
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
5 years

CEO pay against the pay peers

In FY2025 (Dec), the median CEO pay of the 6 peers with pay on file was $3.4M. CEO pay of Middlesex Water for that year is not on file.

  1. 1American States Water
  2. 2Northwest Natural Holding
  3. 3Mge Energy
  4. 4Unitil
  5. 5Genie Energy
  6. 6Consolidated Water Co.
  7. 7Middlesex WaterNot disclosed
  8. 8Altus Power, Inc.Not disclosed
  9. 9Artesian Resources CorporationNot disclosed
  10. 10Chesapeake UtilitiesNot disclosed
  11. 11Global Water Resources, Inc.Not disclosed
  12. 12H2O America (formerly SJW Group)Not disclosed
  13. 13Montauk Renewables, Inc.Not disclosed
  14. 14RGC Resources, Inc.Not disclosed
  15. 15York WaterNot disclosed

Pay of each named executive comes from the Summary Compensation Table of each proxy statement. Realized pay adds the value of options used and stock that vested. CEO pay of each peer comes from its own Pay versus Performance table.