SJW Group (NYSE: SJW) today announced the appointment of Denise
L. Kruger to the SJW Group board of directors effective, Sept.
1.
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Denise L. Kruger appointed to the SJW
Group Board of Directors effective on September 1. (Photo: Business
Wire)
Kruger has been a leader in the drinking water industry for 30
years. Prior to her retirement in 2021, she was senior vice
president, regulated utilities at Golden State Water Company, a
subsidiary of American States Water, based in California. Her
previous experience includes executive leadership roles in customer
service and water quality. Kruger also has extensive water utility
experience in business expansion, environmental stewardship, asset
management, water resources, operations, regulatory compliance, and
corporate governance.
“Denise is a proven leader in the water utility industry and
will bring considerable experience to our board,” said Eric W.
Thornburg, chair, president and CEO of SJW Group. Thornburg further
stated, “Her knowledge and experience in water supply as well as
environmental and economic regulation in California will serve us
well.”
Kruger has served in many leadership roles through her career,
including:
- Chair of the Water Research Foundation.
- Chair of the American Ground Water Trust.
- Member of the executive committee of the American Water Works
Association.
- Board member of the California Foundation on the Environment
and Economy.
Kruger shared her water industry expertise as a former
consultant to the California Water Association advising small water
systems on technical, financial and managerial matters.
She is a graduate of the University of California, Davis, where
she earned a Bachelor of Science degree in mechanical engineering;
she also holds a Master of Business Administration degree from the
University of California, Irvine.
About SJW Group
SJW Group is among the largest investor-owned pure-play water
and wastewater utilities in the United States, providing
life-sustaining and high-quality water service to nearly 1.5
million people. SJW Group’s locally led and operated water
utilities – San Jose Water Company in California, The Connecticut
Water Company in Connecticut, The Maine Water Company in Maine and
SJWTX Inc. (dba The Texas Water Company) in Texas – possess the
financial strength, operational expertise and technological
innovation to safeguard the environment, deliver outstanding
service to customers and provide opportunities to employees. SJW
Group remains focused on investing in its operations, remaining
actively engaged in its local communities and delivering continued
sustainable value to its stockholders. For more information about
SJW Group, please visit www.sjwgroup.com.
Forward-Looking Statements
This release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995, as
amended. Some of these forward-looking statements can be identified
by the use of forward-looking words such as “believes,” “expects,”
“may,” “will,” “should,” “seeks,” “approximately,” “intends,”
“plans,” “estimates,” “projects,” “strategy,” or “anticipates,” or
the negative of those words or other comparable terminology. These
forward looking statements are only predictions and are subject to
risks, uncertainties, and assumptions that are difficult to
predict.
These forward-looking statements involve a number of risks,
uncertainties and assumptions including, but not limited to, the
following factors: (1) the effect of water, utility, environmental
and other governmental policies and regulations, including actions
concerning rates, authorized return on equity, authorized capital
structures, capital expenditures and other decisions; (2) changes
in demand for water and other services; (3) the impact of the
Coronavirus (“COVID-19”) pandemic on our business operation and
financial results; (4) unanticipated weather conditions and changes
in seasonality including those affecting water supply and customer
usage; (5) climate change and the effects thereof; (6) unexpected
costs, charges or expenses; (7) our ability to successfully
evaluate investments in new business and growth initiatives; (8)
contamination of our water supplies and damage or failure of our
water equipment and infrastructure; (9) the risk of work stoppages,
strikes and other labor-related actions; (10) catastrophic events
such as fires, earthquakes, explosions, floods, ice storms,
tornadoes, hurricanes, terrorist acts, physical attacks,
cyber-attacks, epidemic, or similar occurrences; (11) changes in
general economic, political, business and financial market
conditions; (12) the ability to obtain financing on favorable
terms, which can be affected by various factors, including credit
ratings, changes in interest rates, compliance with regulatory
requirements, compliance with the terms and conditions of our
outstanding indebtedness, and general market and economic
conditions; and (13) legislative and general market and economic
developments. The risks, uncertainties and other factors may cause
the actual results, performance or achievements of SJW Group to be
materially different from any future results, performance or
achievements expressed or implied by such forward-looking
statements.
Results for a quarter are not indicative of results for a full
year due to seasonality and other factors. Other factors that may
cause actual results, performance or achievements to materially
differ are described in SJW Group’s most recent Annual Report on
Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on
Form 8-K filed with the SEC. Forward-looking statements are not
guarantees of performance, and speak only as of the date made. SJW
Group undertakes no obligation to publicly update or revise any
forward-looking statement, whether as a result of new information,
future events or otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20230830333724/en/
Media Contact Dan Meaney, APR SJW
Group Media Relations Daniel.Meaney@ctwater.com 860.664.6016
Investor Contact Willie Brown Vice
President, General Counsel and Corporate Secretary
Willie.Brown@sjwater.com 408.918.7280
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