In conjunction with this appointment, the company also announced the departure of Robert J. Capko from his role as Principal Accounting Officer. Capko will remain with Middlesex Water Company as the Corporate Controller, ensuring a smooth transition and continuity in financial oversight. This leadership change is seen as a strategic move to strengthen the company's financial team and improve its operational execution.
Middlesex Water Company has a long history of providing essential water and wastewater services to over half a million customers in New Jersey and Delaware. The company is committed to operational excellence and sustainable growth, and the addition of Kaplan to the executive team is expected to further these goals. Kaplan's background in finance and accounting, combined with her leadership skills, positions her well to contribute to the company's ongoing success and strategic direction.
The company’s leadership expressed confidence in Kaplan's ability to navigate the complexities of the utility industry and drive financial performance. Nadine Leslie, Chair, President, and CEO of Middlesex Water Company, stated, "We are delighted to welcome Tatyana Kaplan to our executive leadership team. Her distinguished background and proven ability to manage financial complexities will be instrumental as we continue to deliver value to our customers and shareholders."
This leadership change is anticipated to have a positive impact on the company's operations and financial strategies, potentially leading to improved performance and shareholder value in the future.