Chip Rossi Joins Artesian Resources Board of Directors
Artesian Resources Corporation (NASDAQ: ARTNA), a prominent provider of water and wastewater services within the Delmarva region, is thrilled to welcome Salvatore J. "Chip" Rossi to its Board of Directors. With a seasoned background in finance and risk management, Mr. Rossi brings a wealth of experience that will be invaluable to the company.
Professional Background of Chip Rossi
Chip recently concluded an illustrious career at Bank of America, one of the global giants in financial services, where he served as the president of Bank of America Delaware. Additionally, he was instrumental in overseeing the bank's Prepaid Card Unemployment Programs. His tenure at the bank spanned over three decades, starting in 1989, during which he held various critical positions, including the Global Compliance and Operational Risk Operations executive. His roles extended to being the Chief Risk Officer for Consumer and Global Wealth & Investment Management, where he championed the bank's efforts to connect clients and communities.
Vision for Artesian Resources
Nicki Taylor, Chair, President, and CEO of Artesian, expressed her excitement about Chip's appointment: "Chip's expertise in financial management and risk oversight ideally positions him as an independent member of our Board of Directors, contributing significantly to our Audit Committee. His deep understanding of the Delaware community will provide essential insights as we continue to expand our water and wastewater services."
Commitment to Community Engagement
Beyond his role at Artesian, Mr. Rossi actively contributes to the community by serving on the boards of various organizations including Delaware State University, ChristianaCare, and REACH Riverside. His leadership is also evident through his involvement with the Delaware State Chamber Board of Governors and the Delaware Business Roundtable.
Artesian Resources Corporation's Legacy
With a rich history spanning over 120 years, Artesian Resources Corporation operates as a holding entity for wholly owned subsidiaries, specializing in water and wastewater services. The core subsidiary, Artesian Water Company, stands as the oldest and most extensive regulated water utility on the Delmarva Peninsula. The company has been a reliable provider since 1905, supplying over 9.5 billion gallons of water annually through 1,491 miles of infrastructure, servicing more than one-third of the residents in Delaware.
Chip Rossi shared his enthusiasm about his new role, stating, "I am delighted to join the Artesian team, which has a longstanding commitment to delivering high-quality water services to the people of Delaware. I look forward to collaborating with the Board and management team as we continue to grow, ensuring access to vital water and wastewater services across our state."
Contact Information
For further details, please reach out to Virginia Eisenbrey in Communications at (302) 453-6900 or via email at veisenbrey@artesianwater.com.
Frequently Asked Questions
Who is Chip Rossi?
Chip Rossi is a seasoned financial expert recently appointed to the Board of Directors at Artesian Resources Corporation.
What experience does Chip Rossi bring?
Chip brings extensive experience from Bank of America, where he held significant leadership roles in financial management and risk oversight.
What is Artesian Resources Corporation's main service area?
Artesian Resources serves the Delmarva region, which includes parts of Delaware, Maryland, and Pennsylvania.
Since when has Artesian Water Company been operating?
Artesian Water Company has been providing water services since 1905.
How much water does Artesian supply annually?
Artesian supplies over 9.5 billion gallons of water every year to its customers.
