The York Water Company filed a Form 8-K on August 18, 2026, disclosing the appointment of Mr. David M. Velazquez as a new independent director to its Board of Directors, effective September 1, 2026.

Key Highlights

  • New director appointed: David M. Velazquez was appointed as an independent director, effective September 1, 2026.
  • Prior role: Mr. Velazquez previously served as President and Chief Executive Officer of PECO Energy.
  • Extensive industry experience: According to the filing, Mr. Velazquez has more than 40 years of experience in the energy and utility industry.
  • Director class term: Mr. Velazquez was appointed to a class of directors with terms expiring at the 2027 Annual Meeting of Shareholders.
  • Committee assignment: Mr. Velazquez will also be assigned to the Board's Executive Committee.
  • No related-party transactions: The filing states there is no transaction between Mr. Velazquez and the Company that would require disclosure under Item 404(a) of Regulation S-K.

York Water Board Adds Utility Veteran David Velazquez

The York Water Company (NASDAQ:YORW) disclosed that its Board of Directors, at a regularly scheduled meeting on August 17, 2026, voted to appoint Mr. David M. Velazquez as an independent director. The appointment takes effect September 1, 2026, according to the filing.

The filing describes Mr. Velazquez's background as spanning executive leadership at multiple large utility organizations. Prior to his role as President and Chief Executive Officer of PECO Energy, he served as Executive Vice President, Utility Operations and Technology for Exelon Corporation and as President and Chief Executive Officer for Pepco Holdings, LLC. The company disclosed that his experience includes operations, technology, cybersecurity, regulatory affairs, and strategic planning.

The filing notes that there is "no arrangement or understanding between Mr. Velazquez and any other person pursuant to which he was appointed as a director of the Company." In addition to his board seat, Mr. Velazquez will serve on the Board's Executive Committee. The Form 8-K was signed by Matthew E. Poff, Chief Financial Officer, on August 18, 2026.

What Was Disclosed

York Water Company reported the board appointment of David M. Velazquez as an independent director effective September 1, 2026, including his prior executive roles, committee assignment, director class term, and confirmation of no related-party transactions or third-party appointment arrangements.