Board of Directors

Michael P. McMasters

Director Since 2010

Investment Committee Chair

President & CEO - Chesapeake Utilities Corporation

Mr. McMasters, age 59, has served as President and Chief Executive Officer of Chesapeake Utilities Corporation since March 2010 and January 2011, respectively.   Mr. McMasters joined the Company in 1980 and since that time has served as Executive Vice President and Chief Operating Officer, Chief Financial Officer, Senior Vice President, Vice President, Treasurer, Director of Accounting and Rates, and Controller.   His oversight and vision has successfully guided the development and execution of the Company’s strategic plan.  Under Mr. McMasters’ leadership, the Company has grown from a $395 million market capitalization at the end of 2010 to approximately $1.3 billion on December 31, 2017.  In 2013, Mr. McMasters was the recipient of the Top Workplace – Top Leadership Award among mid-cap sized companies in Delaware.  He is a member of the Board of the American Gas Association and a member of the Delaware Business Roundtable, which focuses on the business and economic climate of Delaware.



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