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 of Pennichuck Corporation and its
subsidiaries since November 6, 2015, and the Chief Financial Officer and Treasurer since
March 2012, He was Controller from December 2006 to November 2015. 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 January 1998 to April
2000. Mr. Goodhue holds a Bachelor of Science degree in Business Administration from
Merrimack College. Mr. Goodhue’s current annual salary is $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 and Executive
Vice President 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 current
annual salary is $187,563.
Summary of Proposal to be Voted Upon at the Annual Meeting
PROPOSAL 1 - ELECTION OF DIRECTORS
On March 24, 2016, the Company’s Board of Directors took action to recommend that the Sole
Shareholder elect C. George Bower, Jay N. Lustig, John D. McGrath and Preston J. Stanley, Jr.
as directors, each for a three-year term and until their successors are elected and qualified.
Mr. Lustig, Mr. McGrath and Mr. Stanley have been directors of the Company since January
2012; Mr. Bower has been a director of the Company since November 2014.
THE BOARD OF DIRECTORS RECOMMENDS A VOTE “FOR” EACH OF THESE
FOUR NOMINEES.
