Dover, Delaware — Chesapeake Utilities Corporation (NYSE: CPK) (“Chesapeake Utilities”), a diversified energy company headquartered in Dover, Delaware, will ring The Closing Bell® on March 9, 2016 at the New York Stock Exchange. Ralph J. Adkins, Chair Emeritus and former Chair and Chief Executive Officer, will join the Company’s executive leadership team to celebrate his more than 50 years of service to Chesapeake Utilities and its stockholders.
Mr. Adkins served as Chair of the Chesapeake Utilities Board of Directors for 18 years, as a director for 26 years, and as an employee for approximately 40 years. During his remarkable service and leadership, the Company began trading on the New York Stock Exchange in 1993 with a market capitalization of $55 million. As of close of business Friday, March 4, 2016, the Company’s market capitalization was $912 million.
“Ralph has significantly contributed to the Company’s growth during his extraordinary service to Chesapeake Utilities and our stockholders, and we are honored to celebrate this special occasion with him, our investors,