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  "documentTitle": "Essential Utilities, Inc. (WTRG)",
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      "text": "WTRG's Subsequent Director Appointments list showing lack of industry experience for three specific appointees",
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      "text": "A key concern raised from the recent Aqua NJ audit – a concern that Spruce Point 100% agrees with – is as follows: \"With the exception of the current and former CEOs, the Board lacks significant, recent experience with water and wastewater utilities\".(1) In fact, it appears that WTRG has ignored this recommendation. Our recent review of WTRG Board appointments indicates that none have prior water (or gas) industry experience.(2)",
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      "text": "(1) Aqua NJ Audit by SAGE Management Consultants, June 24, 2021 (2) Essential appointments: W. Bryan Lewis, Edwina Kelly, David Ciesinski",
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      "text": "WTRG Appears To Disregard Numerous Suggestions To Improve Governance",
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