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  "documentTitle": "Essential Utilities, Inc. (WTRG)",
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  "notes": "Uses a specific email excerpt to frame the board's actions as hypocritical.",
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      "text": "Both Ellen Ruff and Chris Franklin Were Referenced As “Disingenuous” In Their Decision-Making. Investors Should Be Alarmed That Ms. Ruff Now Sits On The Compensation Committee, Which Just Approved $42M of Unaudited “Adjustments” That Paid CEO Franklin Handsomely",
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      "text": "Director Michael Browne Resignation Email",
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      "text": "Executive Compensation Committee Report: The purpose of the Compensation Committee is to assist the Board of Directors...",
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      "text": "By all accounts former WTRG director Michael Browne was an honorable man... For Mr. Browne to call the Board at the time... \"disingenuous\" in their decision-making should not be discounted.",
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      "text": "Source: WTRG 8-K filing and Spruce Point red emphasis (1) Mr. Browne's biography per WTRG Proxy Statement",
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      "text": "Historical Evidence of WTRG’s Objectionable And “Disingenuous” Governance",
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