8-KThe WireRoutine
Company Update
Filed Dec 27, 2024 · 1y ago · Accession 0001552781-24-000652
Plain English
Material event — a significant development the company must disclose promptly.
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Filing text
View original ↗SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
_____________
FORM
8-K
CURRENT
REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date
of report (Date of earliest event reported): December 27, 2024
Essential
Utilities, Inc.
(Exact Name of Registrant Specified in Charter)
Pennsylvania
001-06659
23-1702594
(State or Other Jurisdiction
of Incorporation)
(Commission
File Number)
(I.R.S. Employer
Identification No.)
762
West Lancaster Avenue
Bryn
Mawr , Pennsylvania
19010-3489
(Address of Principal Executive
Offices)
(Zip Code)
Registrant’s
telephone number, including area code: (610) 527-8000
Not Applicable
(Former Name or Former Address, if Changed Since Last
Report)
Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under
the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under
the Exchange Act (17 CFR 240.13e-4(c))
Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class
Trading
Symbol(s)
Name
of each exchange on which registered
Common
stock, $.50 par value
WTRG
New
York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth
company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange
Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant
has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided
pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01 Other Matters.
In accordance with the Corporate Governance Guidelines of Essential Utilities, Inc. (the “Company”), Mr. Christopher Bruner
advised the Chair of the Company’s Corporate Governance Committee and its Chair of the Board of Directors that, effective December
27, 2024, he will retire from his position as Partner, Ernst & Young, LLP (“EY”), where he has served as an Audit Partner
In his role with EY, Mr. Bruner has had numerous roles in finance, audit, strategy, and mergers and acquisitions, but has not participated
in any consulting services provided by EY. The Board of Directors reviewed the Company’s use of EY’s non-audit services that
are provided to the Company involving tax and transaction advisory services, noting that the amount paid by the Company to EY is not material
to either EY or the Company. At the same time, the Board of Directors reviewed Mr. Bruner’s substantial expertise as a public company
auditor and the role that he presently holds with the Company as its Chair of the Audit Committee. Based upon this review, and the fact
that Mr. Bruner is retiring from EY and would not benefit financially or otherwise from the Company’s use of EY, the Board of Directors
requested, and Mr. Bruner agreed, that he continue to serve as a member of the Board of Directors, Chair of the Audit Committee, and a
member of the Executive Committee until the Company’s 2025 Annual Meeting of Shareholders, which is the expiration of the term for
which he was elected in 2024.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
ESSENTIAL
UTILITIES, INC.
December 27, 2024
By:
/s/
Christopher P. Luning
Name:
Christopher
P. Luning
Title:
Executive Vice President, General Counsel
Filing details
- Company
- Essential Utilities, Inc.
- Ticker
- WTRG
- CIK
- 78128
- Form type
- 8-K
- Filing date
- Dec 27, 2024
- Report date
- Dec 27, 2024
- Document
- e24483_wtrg-8k.htm
- Size
- 191 KB