American Water Appoints Paul J. Evanson as New Independent Member to Board
VOORHEES, N.J. -- March 21, 2013
American Water Works Company, Inc. (NYSE: AWK), the largest publicly traded
U.S. water and wastewater utility company, today announced that Paul J.
Evanson has been appointed as an independent member of the company’s board of
directors effective March 21, 2013.
“American Water is pleased to have Mr. Evanson join our board of directors,”
said George MacKenzie, chairman of the board of American Water. “Mr. Evanson
has extensive experience in the utility industry and he is an excellent
addition to our board.”
American Water’s board of directors now consists of nine members.
“I have had the privilege of knowing Paul for many years and long admired his
approach to tackling challenging situations, in particular those dealing with
strategic planning, finance and risk management,” said Jeff Sterba, president
and CEO of American Water. “As the CEO of Allegheny Energy, Paul transformed a
struggling company into a successful, and profitable, enterprise within a few
years. His proven track record as a leader will add significant value to
American Water and further strengthen our board.”
Evanson served as chairman, CEO and president of Allegheny Energy, Inc. from
2003 to 2011. The company provided utility services in four mid-Atlantic
states until its merger with FirstEnergy Corp in February 2011. Following the
merger, Evanson served as executive vice chair of FirstEnergy until his
retirement in May 2011.
From 1995 to 2003, Evanson was president of Florida Power & Light Co., the
principal subsidiary of FPL Group, Inc., and a director of FPL Group Inc. He
also was the president and chief operating officer of the Lynch Corp., a
diversified entrepreneurial company focused on telecommunications. Evanson
also held leadership positions with Moore McCormack Resources and Arthur
Andersen & Co.
Evanson currently serves on the St. John’s University board of trustees, the
Columbia Law School Dean’s Council, and the Westmoreland Museum of American
Art board of trustees. He also served as a director of the Edison Electric
Institute, a director of the North American Electricity Reliability Council
and as chairman of the board of the Florida Reliability Coordinating Council.
Evanson received a Bachelor of Business Administration degree from St. John's
University, a Juris Doctor degree from Columbia Law School, and a Master of
Laws degree from New York University.
Founded in 1886, American Water is the largest publicly traded U.S. water and
wastewater utility company. With headquarters in Voorhees, N.J., the company
employs approximately 6,700 dedicated professionals who provide drinking
water, wastewater and other related services to an estimated 14 million people
in more than 30 states as well as parts of Canada. More information can be
found at www.amwater.com.
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American Water Works Company, Inc.
Vice President, Investor Relations
Vice President, Communications
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