During his time at Chesapeake Utilities, Michael P. McMasters held significant equity in the company. His stock holdings saw fluctuations as he made strategic decisions that aligned with the company's performance targets. These targets, outlined by the Compensation Committee, were...

During his time at Chesapeake Utilities, Michael P. McMasters held significant equity in the company. His stock holdings saw fluctuations as he made strategic decisions that aligned with the company's performance targets. These targets, outlined by the Compensation Committee, were based on factors like earnings per share and other financial metrics, impacting the actual stock vested. Notably, by the end of 2016, he had about 27,400 unvested shares, which had a market value of over $1.8 million at that time. Over the years, as McMasters navigated company successes and challenges, his wealth in holdings reflected a tie to Chesapeake's overall performance, showing a clear alignment between his personal success and that of the company.