American Water Works Company, Inc. (NYSE: AWK) has appointed Lisa A. Grow as an independent member of the company's board of directors, effective immediately. Grow brings nearly four decades of experience in the utility industry, having dedicated her entire 38-year career to Idaho Power. She has been president and chief executive officer of Idacorp and Idaho Power since June 2020 and president of Idaho Power since October 2019.
American Water's board of directors now consists of ten members, nine of whom are independent. The company, which is the largest regulated water and wastewater utility company in the United States, serves more than 14 million people with regulated operations in 14 states and on 18 military installations.
This appointment reflects American Water's commitment to strengthening its leadership team with individuals who bring deep expertise and experience in the utility sector. With Grow's extensive background in the industry, the company aims to further enhance its regulatory, customer, and operational capabilities.
The addition of Grow to the board of directors is expected to provide valuable insights and contribute to the company's efforts in delivering safe, clean, reliable, and affordable drinking water and wastewater services to its customers.
American Water's focus on expanding its board with seasoned professionals underscores its dedication to achieving excellent outcomes for the benefit of customers, employees, investors, and other stakeholders. Today the company's shares have moved 0.56% to a price of $144.75. If you want to know more, read the company's complete 8-K report here.
