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Utilities

Unitil Executive Compensation (FY25)

UTL · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
Thomas Meissner Jr.
Latest say-on-pay support
=
April 29, 2026
Chief executive pay ratio
◇
To the median employee
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298 figures on this page: 288 cited to the filing that reported them, 10 calculated from figures it prints. See the citations

More on Unitil

Five data products on this company. Each one is requested through the developer setup page.
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Thomas Meissner Jr.: $2,572,032 → $3,189,116 (24.0% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Unitil's chief executive and what were they paid?
Thomas Meissner Jr. was paid $3,189,116 in total compensation as Chairman of the Board & Chief Executive Officer for fiscal 2025. Compared with the $2,572,032 reported for fiscal 2024, Meissner Jr.'s total was 24.0% higher.
What was Unitil's say-on-pay result?
Shareholders supported the say-on-pay proposal with 96.9% of votes cast for or against in favor at the meeting held April 29, 2026 for fiscal 2025.
Which companies are in Unitil's peer group?
Companies named in the disclosed peer group include ALLETE, Inc., Avista Corporation, Chesapeake Utilities Corporation, Genie Energy, Ltd. and MGE Energy, Inc., among others.
What is Unitil's chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 21:1, against median employee compensation of $153,766.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Thomas Meissner Jr.
Chairman of the Board & Chief Executive Officer
◇———◇—◇◇
Robert Hevert
President & Chief Administrative Officer
◇———◇—◇◇
Todd Black
Senior Vice President, External Affairs & Customer Relations
◇———◇—◇◇
Justin Eisfeller
Vice President & Chief Technology Officer
◇———◇—◇◇
Christopher LeBlanc
Vice President, Gas Operations
◇———◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Thomas Meissner Jr.
Chairman of the Board & Chief Executive Officer
◇—◇—◇◇◇◇
Todd Black
Senior Vice President, External Affairs & Customer Relations
◇—◇—◇◇◇◇
Robert Hevert
President & Chief Administrative Officer
◇—◇—◇◇◇— not reconciled
Justin Eisfeller
Vice President & Chief Technology Officer
◇—◇—◇◇◇◇
Christopher LeBlanc
Senior Vice President, Gas Operations
◇—◇—◇◇◇◇
Daniel Hurstak
Senior Vice President, Chief Financial Officer & Treasurer
◇—◇—◇◇◇— not reconciled
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Thomas Meissner Jr.
Chairman of the Board & Chief Executive Officer
◇—◇—◇◇◇◇
Robert Hevert
President & Chief Administrative Officer
◇—◇—◇◇◇◇
Daniel Hurstak
Senior Vice President, Chief Financial Officer & Treasurer
◇—◇—◇◇◇◇
Justin Eisfeller
Vice President & Chief Technology Officer
◇—◇—◇◇◇◇
Christopher LeBlanc
Senior Vice President, Gas Operations
◇—◇—◇◇◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Thomas Meissner Jr.
Chairman of the Board & Chief Executive Officer
◇—◇—◇◇◇◇
Robert Hevert
President & Chief Administrative Officer
◇—◇—◇◇◇◇
Daniel Hurstak
Senior Vice President, Chief Financial Officer & Treasurer
◇—◇—◇◇◇◇
Christopher LeBlanc
Senior Vice President, Gas Operations
◇—◇—◇◇◇◇
Justin Eisfeller
Vice President & Chief Technology Officer
◇—◇—◇◇◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Christopher J. LeBlancPSU◇◇◇—◇—◇
Christopher J. LeBlancPSU◇◇◇—◇—◇
Daniel J. HurstakPSU◇◇◇—◇—◇
Daniel J. HurstakPSU◇◇◇—◇—◇
Justin EisfellerPSU◇◇◇—◇—◇
Justin EisfellerPSU◇◇◇—◇—◇
Robert B. HevertPSU◇◇◇—◇—◇
Robert B. HevertPSU◇◇◇—◇—◇
Thomas P. Meissner Jr.PSU◇◇◇—◇—◇
Thomas P. Meissner Jr.PSU◇◇◇—◇—◇
Fiscal 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Thomas MeissnerRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Robert HevertRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Daniel HurstakRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Christopher LeBlancRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Justin EisfellerRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Mark H. Collin
◇◇——◇◇◇
Michael B. Green
Lead independent director
◇◇———◇◇
Justine Vogel
◇◇———◇◇
David A. Whiteley
◇◇———◇◇
Winfield S. Brown
◇◇———◇◇
Suzanne Foster
◇◇———◇◇
Anne L. Alonzo
◇◇———◇◇
Neveen F. Awad
◇◇———◇◇
Jane Lewis-Raymond
◇◇———◇◇
Katherine Kountze
◇◇———◇◇
Edward F. Godfrey
◇◇———◇◇
Thomas P. Meissner Jr served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Compensation committee member◇
Nominating and governance member◇
Board meeting fee◇
Equity is delivered as Common Stock or RSUs (elected by Director).

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • ALLETE, Inc. ALE
  • Avista Corporation AVA
  • Chesapeake Utilities Corporation CPK
  • Genie Energy, Ltd. GNE
  • MGE Energy, Inc. MGEE
  • Northwest Natural Gas Company NWN
  • Northwestern Corporation NWE
  • ONE Gas, Inc. OGS
  • Otter Tail Corporation OTTR
  • PNM Resources, Inc. TXNM

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025April 29, 2026=◇◇◇
2024April 30, 2025=◇◇◇
2023May 1, 2024=◇◇◇
2022April 26, 2023=◇◇◇
2021April 27, 2022=◇◇◇
2020April 28, 2021=◇◇◇
2019April 29, 2020=◇◇◇
2018April 24, 2019=◇◇◇
2017April 25, 2018=◇◇◇
2016April 26, 2017=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇

Ask our research desk — $99, 24h, every figure cited to its filing.

Sample answer — “What is the CEO’s total compensation?”
- Thomas Meissner Jr. (Chairman of the Board & Chief Executive Officer), FY2025 total compensation $3,189,116 (base salary $744,066) [exec_comp, SEC accession 0001193125-26-128263, filed 2026-03-27]

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What this page does not include

Everything above is a fact Unitil disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Unitil sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
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Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
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Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
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Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
298 figures on this page: 288 cited to the filing that reported them, 10 calculated from figures it prints.
288 cited to the filing
10 calculated from the filing

Documents cited

  1. 0000755001-26-000008
  2. 0001193125-26-128263
    CEO Pay Ratio · Compensation of Directors · Director Compensation · Grants of Plan-Based Awards · and 3 more sections
  3. 0001193125-25-112835
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0001193125-25-066425
  5. 0001193125-24-133173
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001193125-24-081680
  7. 0001193125-23-132580
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0001193125-22-138779
    Item 5.07 Submission of Matters to a Vote of Security Holders
  9. 0001193125-21-150098
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0001193125-20-133859
    Item 5.07 Submission of Matters to a Vote of Security Holders
  11. 0001193125-19-120928
    Item 5.07 Submission of Matters to a Vote of Security Holders
  12. 0001193125-18-146670
    Item 5.07 Submission of Matters to a Vote of Security Holders
  13. 0001193125-17-154064
    Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Unitil executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/UTL (accessed 2026).
Short form: data: Velarion

The paid brief for Unitil

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $500 for the board report; $900 for both.
13 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Utilities rankings

Peers Unitil discloses

The companies named in UTL's own disclosed peer group.

Terms on this page

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}