Aqua extends contract for DeBenedictis

The Aqua America Inc. board of directors on Tuesday announced it is extending the contract of chief executive Nicholas DeBenedictis through mid-2015.

DeBenedictis, 66, has been CEO of the Bryn Mawr water utility since 1992.

He was previously senior vice president for corporate affairs of Peco Energy Co., president of the Greater Philadelphia Chamber of Commerce and secretary of the Pennsylvania Department of Environmental Resources.    - Andrew Maykuth