Senior Management. The members of the Company’s Senior Management team are as follows:
Larry D. Goodhue, Chief Executive Officer, Chief Financial Officer and Treasurer
Mr. Goodhue has been the Chief Executive Officer, Chief Financial Officer and Treasurer
of Pennichuck Corporation and its subsidiaries since November 6, 2015, and the Chief
Financial Officer, Treasurer and Controller from March 2012 through November 2015. He
was Controller from December 2006 to March 2012. Mr. Goodhue served as a financial
consultant to Metrobility Optical Systems, Inc. from July 2006 to October 2006 and to
Pennichuck Corporation from October 2006 to November 2006. From October 2005 to
June 2006, he was the Vice President of Finance and Administration for Metrobility
Optical Systems, Inc. and the Corporate Controller from September 2000 to September
2005. From May 2000 to August 2000, he served as Acting Chief Operating Officer for
Annalee Mobilitee Dolls, Inc. and was the Controller from J anuary 1998 to April 2000.
Mr. Goodhue holds a Bachelor of Science degree in Business Administration from
Merrimack College, and is a Certified Public Accountant in the State of New Hampshire
(for which his certification is currently in an inactive status). Mr. Goodhue’s base salary
for the fiscal year ended 2016 was $190,000.
Donald L. Ware, Chief Operating Officer
Mr. Ware has been the Chief Operating Officer of Pennichuck Corporation since
January 27, 2012. He was the Senior Vice President of Operations and Engineering of
Pennichuck Corporation from 2004 to January 2012, and Chief Engineer and Vice
President from 1995 to 2004. Mr. Ware is also the Chief Operating Officer of Pennichuck
Water Works, Inc. and the Company’s other water utilities. From 1986 to 1995, Mr. Ware
was General Manager for the Augusta Water District in Augusta, Maine. Mr. Ware holds a
Bachelor of Science degree in Civil Engineering from Bucknell University and a Master of
Business Administration degree from the Whittemore Business School at the University of
New Hampshire. Mr. Ware’s base salary for the fiscal year ended 2016 was $193,003.
Summary of Proposal to be Voted Upon at the Annual Meeting
PROPOSAL 1 —- ELECTION OF DIRECTORS
On March 24, 2017, the Company’s Board of Directors took action to recommend that the Sole
Shareholder elect James P. Dore, Elizabeth A. Dunn, Paul A. Indeglia and John M. Murphy as
directors, each for a three-year term and until their successors are elected and qualified.
Ms. Dunn and Dr. Indeglia have been directors of the Company since January 2012. Mr. Dore
has been a director of the Company since May 2014 and Mr. Murphy has been a director of the
Company since March 2017.
THE BOARD OF DIRECTORS RECOMMENDS A VOTE “FOR” EACH OF THESE
FOUR NOMINEES.
