Chesapeake Utilities Corporation has announced the promotion of Michael Cassel to senior vice president, strategic development, effective January 2. In his new position, Cassel will oversee business development, external affairs, and strategic planning groups. The company stated that this move aims to improve its ability to identify new opportunities, build community partnerships, and develop long-term strategies for sustainable growth.
Jeff Householder, president, CEO and chairman of the board of directors at Chesapeake Utilities Corporation, commented on the appointment: “Mike has played a pivotal role in our growth for many years and is well-positioned to guide the next level of our business development and strategic analysis work, as we continue to execute on our significant capital investment and growth plans. His leadership and success in developing rate case strategy, building community partnerships and securing key legislative outcomes have strengthened our company and expanded our value proposition.” Householder added: “Mike brings a steady hand, deep expertise and a genuine commitment to doing what is right for our customers, teammates and communities.”
Cassel began his career with Chesapeake Utilities Corporation in March 2008 as a regulatory analyst. Over nearly twenty years with the company, he has worked in several roles related to regulatory, legislative, and public affairs. His previous positions include vice president of strategic development; vice president of governmental and regulatory affairs; assistant vice president at Florida Public Utilities; and director of Florida regulatory and governmental affairs.
Chesapeake Utilities Corporation is an energy delivery company listed on the New York Stock Exchange. Its operations include natural gas transmission and distribution, electricity generation and distribution, propane gas distribution, mobile compressed natural gas utility services, among other businesses.
