Unitil (UTL) executive compensation, 2026 proxy

Thomas P. Meissner, Jr., Chairman of the Board & Chief Executive Officer, was paid $3.2M in 2025, up 24% from $2.6M the year before. The CEO-to-median-employee pay ratio was 21:1, on median employee pay of $153,766.

Filed
March 27, 2026
Annual meeting
April 29, 2026
Pay year
2025
Named executives
5
CEO total pay
$3.2M+24% vs prior year
CEO to median employee
21:1median $153,766
CEO pay in equity
24%$751,842 in awards
Prior say-on-pay support
91%of votes cast
CEO Total Compensation
$3,189,116Reported in Summary Compensation Table
CEO Salary
$744,066Base salary for 2025
CEO Stock Awards
$751,842Grant date fair value
CEO Non-Equity Incentive
$662,591Management Incentive Plan

How Jr. was paid

$3.2M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary23%Stock awards24%Non-equity incentive21%Pension and deferred comp27%All other compensation5%

Named executive officers

ExecutiveTotal
Thomas P. Meissner, Jr.Chairman of the Board & Chief Executive Officer$3,189,116
Robert B. HevertPresident & Chief Administrative Officer$1,614,866
Daniel J. HurstakSenior Vice President, Chief Financial Officer & Treasurer$998,997
Justin EisfellerVice President & Chief Technology Officer$782,885
Christopher J. LeBlancSenior Vice President, Gas Operations$863,281

What changed and why

  • $3.2MThomas P. Meissner, Jr. total compensation increased to $3,189,116 in 2025 from $2,572,032 in 2024.
  • 91%Shareholders approved the 2025 say-on-pay proposal with 91% support at the annual meeting.
  • The ratio of the CEO to median employee annual total compensation was 21 to 1.
  • Acquisitions of Bangor Natural Gas and Maine Natural Gas drove long-term growth and operational scale.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.