Ms Cooper, Chesapeake’s vice president and corporate secretary since 2005 and corporate treasurer since 2003, will succeed Mr McMasters. In her new position, Ms Cooper will oversee Chesapeake’s financial, corporate governance and communications areas.
Mr McMasters has been the company’s CFO since 1997 and senior vice president since 2004. He will be responsible for the direct oversight of day-to-day operations for all of the company’s varied business units, while continuing to focus on operational excellence throughout all company operations.
John Schimkaitis, president and CEO of Chesapeake Utilities, said: We are extremely fortunate to be able to promote such highly talented individuals from within the company. Not only does this ensure that Chesapeake’s long-standing, well-respected reputation will continue to thrive and grow well into the future, it also ensures continuity in the pursuit of the company’s successful growth strategy for our customers, shareholders, employees and the community.
