David B. Spacht

DAVID B. SPACHT has served as Vice President, Treasurer and Chief
Financial Officer of Artesian Resources Corporation and
subsidiaries since 1995. He joined Artesian Water Company in 1980
and has held various positions including Controller from
1987-1995. His current responsibilities include the presentation
of extensive testimony before the Delaware Public Service
Commission regarding water rates and other regulatory matters. In
addition, Mr. Spacht is responsible for treasury functions of the
company, which include the issuance of long-term debt and equity
in the capital markets.