Joseph T. Hand has been the CEO of York Water Company since March 2020. Before this role, he was the Chief Operating Officer of the company starting in 2008. His background is quite impressive; he served in the U.S. Army...

Current Market Cap

$537.78M

Number of Employees

130

Total Compensation

2020 - 2023

Trending down by -11.97% last year
Showing total compensation for the last 2020 - 2023

Stock

Down by -24.39% last year

Salary

Up by 6.43% last year

Bonus

Down by -100.00% last year

Other

Down by -100.00% last year

Year

2023

Total Compensation

$445.62K

Salary

$334.20K

Board Justification

The compensation philosophy aims to attract, motivate, and retain senior management while aligning their interests with those of shareholders through a combination of base salary, cash and stock-based incentives, and deferred compensation programs.

Bonus

$0.00

Board Justification

The target cash incentive award for 2023 was set at 10% of the base salary as of December 31, 2023, based on performance objectives achieved during the year.

Other

$0.00

Board Justification

Restricted Stock

$111.42K(845 RSU)

Board Justification

The Compensation Committee awarded restricted stock to Mr. Hand effective May 1, 2023, at a rate of 75% of 20% of base salary, which vests ratably over three years beginning May 1, 2023.

Performance Metrics

The performance metrics for 2023 included achieving specific operational objectives and financial targets, such as earnings per common share.

SEC Filing

From March 22, 2024

Joseph T. Hand

CEO of York Water

Y

Education

Not specified

Field of Expertise

Technology & Engineering - Engineering

Born

Invalid Date - 0 years ago

Is Founder?

No

Current Tenure

4 years 8 months (Mar 2020 - Present)

Previous Experience

Chief Operating Officer since March 2008; prior roles in the U.S. Army Corps of Engineers.

View Holdings

Insider Holdings of Joseph T. Hand

YORW

$1.21M

$106.41K (9.61%)

Last Insider Trade

YORW

$1.15K

YORW at $38.32/share

Jun 12, 2024

Purchase