American Water Appoints Two New Independent Members to the Board of Directors
VOORHEES, N.J.--(BUSINESS WIRE)--
American Water Works Company, Inc. (NYSE: AWK), the largest publicly
traded U.S. water and wastewater utility company, today announced that
Jeffrey N. Edwards and Admiral James Stavridis, U.S. Navy (Ret.), have
been appointed as independent members of the company's board of
directors effective March 1, 2018.
"American Water is pleased to have Jeff and Jim join our board of
directors," said George MacKenzie, chairman of the board of American
Water. "Jeff's broad financial and capital markets expertise, and Jim's
background in cybersecurity, infrastructure and innovation, each will
further strengthen our board."
"We are honored to have both of these experienced and talented
individuals become part of American Water's governance," said Susan
Story, president and CEO of American Water. "Jeff provides our board
with expertise in capital markets and corporate finance matters. Jim
will assist our board with navigating cybersecurity and infrastructure
issues as they relate to our customer service, strategic planning and
business growth, as well as providing valuable strategic perspective for
our Military Services organization. Both will add significant value to
Edwards is partner and chief operating officer at investment advisor New
Vernon Capital. Prior to New Vernon Capital, Edwards capped a 22-year
career at Merrill Lynch & Co. as vice chairman, and, prior to that,
chief financial officer. His previous positions at Merrill Lynch include
Head of Origination, Americas, Head of Global Capital Markets and
Co-Head of Global Equities. He began his career at Chase Manhattan Bank
as a credit auditor.
Edwards currently serves on the board of directors of Raymond James
Financial, Inc. and Medusind, Inc., and is Chairman of the Board of
Trustees for the Pingry School. He previously served on the policy and
finance committees of the board of directors of NASDAQ.
Edwards received his bachelor's degree, with honors, in Physics from
Haverford College and his MBA from Harvard Business School.
Stavridis, a distinguished graduate of the U.S. Naval Academy, has more
than 30 years of service in the U.S. Navy, including serving as
commander of U.S. Southern Command, Commander of European Command and as
Supreme Allied Commander, NATO, and rose to the rank of 4-star admiral.
He is currently Dean of the Fletcher School of Law and Diplomacy at
Tufts University, and Chairman of the U.S. Naval Institute Board of
Directors. He also serves on the board of directors of the Neuberger
Berman Mutual Funds and NFP Corp., a privately held insurance brokerage
Stavridis earned a Master of Arts in Law and Diplomacy and a Ph.D. in
international relations from The Fletcher School of Law and Diplomacy at
Tufts University. He is also a distinguished graduate of both the
National and Naval War Colleges. He holds various decorations and
awards, including two awards of the Defense Distinguished Service Medal,
the Defense Superior Service Medal, and five awards of the Legion of
American Water's Board of Directors now consists of eight members, seven
of whom are independent.
With a history dating back to 1886, American Water is the largest and
most geographically diverse U.S. publicly-traded water and wastewater
utility company. The company employs more than 6,800 dedicated
professionals who provide regulated and market-based drinking water,
wastewater and other related services to an estimated 15 million people
in 47 states and Ontario, Canada. More information can be found by
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American Water Works Company, Inc.
Vice President, Communications and Federal Affairs
Source: American Water Works Company, Inc.
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