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Chesapeake Utilities: John R. Schimkaitis vice chairman, Michael P. McMasters president

Staff writer |
Dover, De., USA - February 25, 2010, Dover, De., USA - Chesapeake Utilities Corporation announced the appointment of John R. Schimkaitis as vice chairman of the board of directors, and Michael P. McMasters as president, both effective March 1.




Mr. McMasters will continue in his current role as Chief Operating Officer. Mr. McMasters was appointed as Executive Vice President and Chief Operating Officer in September of 2008.

Previously, he served as Chief Financial Officer of the Company since 1997 and as Senior Vice President since 2004.

Mr. McMasters is responsible for the oversight of each of the Company's business units as well as the Human Resources and Information Technology departments.

Prior to his current position, he has held the positions of Vice President, Treasurer, Director of Accounting and Rates, and Controller of the Company.

In addition to his tenure with Chesapeake, Mr. McMasters also served as Director of Operations Planning for Equitable Gas Company. He has twenty-seven years of experience in the utilities industry.

Mr. Schimkaitis was appointed to serve as Chief Executive Officer in January 1999. He served as President of the Company since 1997 and as a director of the Company since 1996.

Mr. Schimkaitis previously served as President and Chief Operating Officer of the Company, and prior thereto as Executive Vice President, Senior Vice President, Chief Financial Officer, Vice President, Treasurer, Assistant Treasurer, and Assistant Secretary of the Company.

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