YORK WATER CO Appoints Former PECO CEO David Velazquez to Board

What Happened
York Water Co (filed via Form 8-K on Aug. 18, 2026) announced that at its Aug. 17, 2026 board meeting it appointed David M. Velazquez as an independent director, effective Sept. 1, 2026. Mr. Velazquez — who previously served as President and CEO of PECO Energy and held senior roles at Exelon Corporation and Pepco Holdings, LLC — was appointed to a director class with a term expiring at the 2027 Annual Meeting and will be assigned to the Board’s Executive Committee.

Key Details

• Appointment announced in an 8-K filed Aug. 18, 2026; board action occurred Aug. 17, 2026; appointment effective Sept. 1, 2026.
• Mr. Velazquez has over 40 years of experience in the energy and utility sector, including executive leadership, operations, technology and regulatory affairs.
• He was placed in a director class with term expiring at the 2027 Annual Meeting of Shareholders.
• Company disclosed no agreements, understandings, or reportable transactions with Mr. Velazquez that would require Item 404 disclosure.

Why It Matters
Adding a veteran utility executive strengthens York Water’s board expertise in regulated utility operations, technology and regulatory matters — areas relevant to oversight of a water utility’s operations and long-term strategy. The appointment is routine governance action (no related-party transactions disclosed) and the director will stand for election at the next annual meeting in 2027.