UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934
Date of Report: June 24, 2019
(Date of earliest event reported)
THE YORK WATER COMPANY
(Exact name of registrant as specified in its charter)
PENNSYLVANIA | 001-34245 | 23-1242500 | |
| (State or other jurisdiction | (Commission | (I.R.S. Employer | |
| of incorporation) | File Number) | Identification No.) | |
130 EAST MARKET STREET, YORK, PENNSYLVANIA | 17401 | ||
| (Address of principal executive offices) | (Zip Code) | ||
Registrant's telephone number, including area code (717) 845-3601 |
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 (see General Instruction A.2. below):
| ☐ | 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)) |
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. ☐
Securities registered pursuant to Section 12(g) of the Act:
COMMON STOCK, NO PAR VALUE | YORW | The NASDAQ Global Select Market |
| (Title of Class) | (Trading Symbol) | (Name of Each Exchange on Which Registered) |
THE YORK WATER COMPANY
| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
Retirement of President and Chief Executive Officer
On June 24, 2019, Jeffrey R. Hines, P.E., President and Chief Executive Officer of The York Water Company (“the Company”), notified the Board of Directors of his intent to retire on March 1, 2020. Mr. Hines has been with the Company since 1990 and has served as President and Chief Executive Officer since March 2008. Mr. Hines will continue to perform the duties of his position and participate in the benefits outlined in the Company’s Proxy Statement filed with the Securities and Exchange Commission on March 22, 2019, until his retirement.
Upon the retirement of Mr. Hines, in accordance with its succession plan, the Board of Directors has selected Joseph T. Hand, who is the current Chief Operating Officer, to be the President and Chief Executive Officer effective March 1, 2020. Mr. Hand has served as the Chief Operating Officer of the Company since March 2008 and has been responsible for the day to day functions of the operations of the Company. Prior to his service as Chief Operating Officer, Mr. Hand was Chief of the Navigation Branch, Baltimore District, for the U.S. Army Corps of Engineers from September 2006 to February 2008, and Deputy Commander and Deputy District Engineer for the U.S. Army Corps of Engineers from June 2003 to September 2006. Prior to the Army Corps, Mr. Hand held various positions in the U.S. Army.
THE YORK WATER COMPANY
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 thereunto duly authorized.
| THE YORK WATER COMPANY | |
| /s/ Matthew E. Poff | |
| Date: June 25, 2019 | Matthew E. Poff |
| Chief Financial Officer |