Daniel Hurstak, CEO of Unitil Corporation, has built a solid foundation for his leadership role. He started at Unitil in 2020 as the Controller and was promoted to CEO in May 2023. Hurstak holds a Bachelor's degree in Accounting from...

Daniel Hurstak, CEO of Unitil Corporation, has built a solid foundation for his leadership role. He started at Unitil in 2020 as the Controller and was promoted to CEO in May 2023. Hurstak holds a Bachelor's degree in Accounting from the University of Massachusetts and is a Certified Public Accountant, which shows his strong grasp of finance and business operations. Before Unitil, he served as Vice President of Corporate Accounting at Fidelity Investments from 2016 to 2020, and he worked at PricewaterhouseCoopers for over a decade, where he climbed the ranks to senior manager. In 2023, Hurstak’s total compensation was around $661,326, which included his base salary of $294,353 and significant stock awards contingent on performance. This pay structure shows how his incentives are tied to the company's success. Interestingly, Hurstak's insider trading data reveals a notable uptick in transaction values over his time at Unitil, suggesting his confidence in the company's trajectory. As CEO, his focus is on aligning executive compensation with shareholder interests, potentially indicating he values performance and results.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Unitil CEOs

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Daniel Hurstak

CEO of Unitil

Education

Bachelor's degree in Accounting from the University of Massachusetts.

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Utilities

Born

January 1, 1981 - 44 years ago

CEO of Unitil for

2 years 1 month (May 2023 - Present)

Previous Experience

Vice President, Corporate Accounting at Fidelity Investments.

Rivals

Competitors/colleagues of Daniel Hurstak

B

Linden R. Evans

CEO of Black Hills

2023 Compensation

Stock

$1.14M

Salary

$893.33K

Bonus

$1.37M

Other

$607.73K

Total Holdings

$10.37M

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Stephen D. Westhoven

CEO of New Jersey Resources

2023 Compensation

Stock

$1.41M

Salary

$938.25K

Bonus

$0.00

Other

$75.31K

Total Holdings

$8.28M

O

Sean Trauschke

CEO of OGE Energy

2023 Compensation

Stock

$0.00

Salary

$1.16M

Bonus

$1.49M

Other

$154.25K

Total Holdings

$24.83M

P

Maria M. Pope

CEO of Portland General Electric

2022 Compensation

Stock

$3.88M

Salary

$1.07M

Bonus

$0.00

Other

$305.88K

Total Holdings

$7.08M

Holdings

See how much did Daniel Hurstak make over time.

Daniel Hurstak owns significant stock positions in Unitil Corporation, which showcases his confidence in the company’s future. His insider trading activities show an increase in the value of his transactions, particularly between 2022 and 2023, where he recorded sales ranging...

Daniel Hurstak owns significant stock positions in Unitil Corporation, which showcases his confidence in the company’s future. His insider trading activities show an increase in the value of his transactions, particularly between 2022 and 2023, where he recorded sales ranging from $90K to highs of over $350K in a month. These fluctuations suggest he actively manages his holdings in line with market conditions and company performance. His confidence in Unitil has clearly been on the rise, as reflected in the increasing value of his trades, peaking around $683K in August 2024. This illustrates a commitment to the company and a belief in its financial prospects, as he positions himself with substantial investments tied to Unitil's success.

Mar 11, 2025

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shares

UTL @ $55.63

Insider Trading

See recent insider trades of Daniel Hurstak.

UTL

4,180 shares

UTL

Jan 30, 2024

Received

UTL

1,940 shares

UTL

Jan 24, 2023

Received

UTL

1,770 shares

UTL

Jan 25, 2022

Received

UTL

1,100 shares

UTL

Jan 26, 2021

Received

Compensation History

See how much did Daniel Hurstak make over time.

In 2023, Daniel Hurstak's total compensation at Unitil Corporation reached $661,326. This amount included a base salary of $294,353 with no bonuses awarded for that year. What's particularly interesting is that he received 970 shares of both Performance Restricted Shares and Time Restricted Shares. The stock awards vest based on performance metrics and continued employment, which ties his potential earnings directly to the company's success. His compensation structure is designed to align his incentives with the company’s long-term goals, a strategy aimed at driving Unitil's growth while also ensuring that he remains committed to the company for years to come. This reflects a broader trend among companies to reward performance and encourage retention among top executives, which is crucial for stability and growth in the energy sector.

Year

2023

Total Compensation

$867.79K

Salary

$294.35K

Board Justification

The compensation philosophy aims to attract, retain, and motivate executives while aligning their interests with those of shareholders through performance-based incentives.

Bonus

$0.00

Board Justification

No bonus was awarded for the year 2023.

Other

$73.16K

Board Justification

Includes contributions to 401(k) and HSA accounts, and non-preferential dividends earned on restricted stock.

Restricted Stock

$500.28K(970 Performance Restricted Shares)

Board Justification

970 shares of Performance Restricted Shares were granted on January 24, 2023, vesting based on performance metrics over a three-year period.

Performance Metrics

Performance metrics include earnings per share, operational efficiency, and customer satisfaction.

Other Unitil CEOs

Here are other CEOs of Unitil

Thomas P. Meissner, Jr.

Ex-CEO of Unitil

April 2018 - May 2023