What Happened?
San Jose, CA-based SJW-Group-and-Connecticut-Water-Service Promoted Andrew Walters as Chief Administrative Officer
About the Company
SJW Group (NYSE: SJW) and Connecticut Water Service, Inc. (NASDAQ: CTWS) have entered a definitive agreement to create the 3rdlargest investor-owned water and wastewater utility in the United States. The new company will serve more than 1.5 million people with over 700 employees across California, Connecticut, Maine and Texas. The combined company would have had operating revenue of approximately $496 million and recurring net income of $74 million based on a 2017 pro forma basis.
About the Person
Andrew Walters is Chief Financial Officer at San Jose Water. Previously, Andrew held various senior HR leadership roles in the industry.
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