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Aqua America CEO Christopher Franklin today announced the appointment of two new members to his senior team. Franklin appointed former Regional President Richard “Rick” S. Fox to executive vice president and chief operating officer and Daniel J. Schuller, Ph.D. to the new position of executive vice president, strategy and corporate development.
Fox will replace Franklin whose appointment to CEO was effective July 1. As COO, Fox will be responsible for Aqua America’s regulated operations ($756 million in revenues), including engineering and environmental compliance.
Schuller will be responsible for assisting the chief executive officer with developing, communicating, executing, and sustaining Aqua’s strategic initiatives, with an emphasis on growth. Additionally, he will be responsible for the company’s overall corporate development including acquisitions of regulated and market-based businesses.
The full press release is available online.
NAWC will host the inaugural NAWC Financial Forum on July 15, 2015, from 8:00 to 11:30 a.m. at the TPK New York Conference Center in New York City.
“This is an exclusive opportunity for the financial community to meet strategic players in the private water industry and learn about the current opportunities and challenges facing the sector,” said Michael Deane, Executive Director of NAWC.
Participating NAWC member companies will include all publicly-traded water utilities, plus select privately-held water service companies. Financial Forum attendees will include equity research analysts, portfolio managers, commercial and investment bankers, debt analysts, institutional investors, private equity and infrastructure fund managers and credit agency analysts.
One highlight of the event will be a panel discussion “Opportunities & Obstacles of the Water Utility Sector.” Speakers include Walter Lynch, NAWC President and President and COO of Regulated Operations, American Water; Marty Kropelnicki, President and CEO, California Water Service Group; Dennis Doll, Chairman, President and CEO, Middlesex Water Company; Commissioner Mary-Anna Holden, New Jersey Board of Public Utilities.
The NAWC Financial Forum provides two designated times for members of the financial community to connect directly with key leaders of NAWC member companies for one-on-one discussions – from 8:30 to 9:30 a.m., and again from 10:30 to 11:30 a.m.
Registration is required. Registration and the full agenda are available online.
Twenty-nine IOU districts were at or above the statewide water conservation rate of 28.9 percent in May compared to the same month in 2013, the data shows. And several IOUs were recognized by the State Water Board in a press release as “stand out” water utilities that achieved conservation levels above 30 percent. Those recognized included California Water Service-Bakersfield District (37 percent) and San Jose Water Company (36 percent).
“The data shows how much water IOUs are committed to helping their customers conserve and doing their part in complying with the Governor’s and the State Water Board’s statewide water-use reduction policies,” said Jack Hawks, executive director of the California Water Association, which represents regulated water utilities throughout California.
Read the full press release online.
The National Association of Water Companies (NAWC) and the American Council for an Energy Efficient Economy (ACEEE) have released a new report titled “A Survey of Energy Use in Water Companies.”
The paper presents data collected on the embedded energy in water systems in order to better understand associated costs, efficiency upgrades, and to quantify the avoided energy and pollution savings that accrue from water efficiency programs.
“Private water companies have long recognized the interdependency of water and energy,” said Michael Deane, Executive Director of the NAWC. “Through this partnership with ACEEE, we are hoping to bring more current data around embedded energy into this important discussion. With a full understanding of the energy intensity of water treatment and delivery, we can develop best practices for water utilities and this will ultimately benefit the consumer.”
One of the major lessons learned from this survey was that there are additional opportunities for greater energy efficiency, water conservation and joint program partnership. Some water providers have already embarked on that path, charting the course for other companies to follow.
You can download a copy of the full report here.
This annual gathering of water professionals will be held October 4-6 at the Hyatt Regency Scottsdale at Gainey Ranch in Scottsdale, AZ. The Summit provides a dynamic forum for government officials, leaders in the water industry and other key stakeholders to exchange ideas, learn from one another and share solutions that sustain businesses and communities.
Sessions during the two-day event will feature challenges in the water industry, public-private partnerships, the role of technology and utilizing social media as a tool for customer engagement. In addition, NAWC will announce the winner of the Management Innovation Awards, which recognize member companies for their industry-changing ideas, and the grand prize winner of the 2015 Living Water Awards, which celebrates water professionals who are “living water” through their commitment to quality, service and community.
The Keystone Alliance to Stop Utility Imposters is a coalition of water, electric and gas utilities working with the PUC and law enforcement to protect its customers from the threat of utility worker imposters.
Across Pennsylvania, thieves have gained access to residents’ homes by posing as utility workers. Once inside the home, the imposters typically divert the resident’s attention by sending him/her to another floor while they or an accomplice robs the home.
The Keystone Alliance to Stop Utility Imposters has produced TV and radio public service announcements (PSAs), in addition to print and online materials, to educate consumers about the illicit practices of utility imposters. The coalition’s messages advise that impersonators are not easy to spot, and homeowners should always check for a company-issued photo ID. Furthermore, legitimate utility employees wear uniforms or company-branded clothing and drive vehicles with the utility’s logo.
You can view the 30-second TV PSA on Pennsylvania American Water’s YouTube channel.
The EPA has released a long-awaited congressionally mandated assessment which reports that hydraulic fracturing activities have not led to widespread, systemic impacts to drinking water resources but identifies important vulnerabilities to drinking water resources. EPA’s assessment follows the water used for hydraulic fracturing from water acquisition, chemical mixing at the well pad site, well injection of fracking fluids, the collection of hydraulic fracturing wastewater (including flowback and produced water), and wastewater treatment and disposal. You can access all information regarding the report on the EPA website.
From the White House and the halls of Congress to leading policy think tanks and federal agencies, the consensus is in! Public-private partnerships (P3s) need to play a crucial role in plans to update our nation’s aging infrastructure. Read more about what our nation’s leaders are saying about the benefits of P3s.
Aqua America, Inc. has announced that its Board of Directors has appointed Christopher H. Franklin chief executive officer. Franklin will succeed current Chief Executive Officer Nicholas DeBenedictis effective July 1, 2015. Franklin, a 22-year veteran of Aqua, has held positions of increased responsibility in various areas of the company throughout his tenure, most recently as president and chief operating officer, regulated operations.
“Chris Franklin has played a significant role in Aqua’s success over the last two decades,” said DeBenedictis. “I am confident he’s the best person to ensure that the company will continue its growth strategy and build on its financial strength. Chris’ vision for Aqua’s future is firmly rooted in an overarching commitment to our customers, our employees, our shareholders and the communities we serve.”
Read the full press release online .
American Water announced that Brian Bruce has been appointed as President of New York American Water, the largest investor-owned water utility in the state. Reporting to Northeast Division Senior Vice President William Varley, Bruce is responsible for all aspects of the business, including customer, regulatory and local government relationships and operational and financial performance, and is the principal external contact for American Water in New York. As president of New York American Water, Bruce leads operations that provide high-quality and reliable water services to more than 350,000 people in Long Island and in upstate New York.
Prior to his promotion, Bruce was New York American Water’s first vice president of operations, where he oversaw the operations of the company’s customer service, production, water quality, environmental management, transmission and distribution, risk management and maintenance departments. Bruce came to New York American Water from California American Water, where he held a variety of roles of progressing responsibility within the company.
“Brian brings with him an extensive and practical knowledge of the water industry,” said Walter Lynch, president and chief operating officer of Regulated Operations. “His experience and high energy level make him a good fit for our New York operations.”
Prior to joining American Water in 2005, Bruce worked for the City of Papillion, Neb., first as water department superintendent, obtaining his State Grade 1 Operators License, and later as Assistant Public Works Director. He also has experience as a water system operator in Wisconsin, where he earned state licensure in Supply Operations – Surface and Ground Water.
A veteran of the United States Navy, Bruce earned a bachelor’s degree in business management from Silver Lake College in Wisconsin and an associate’s degree in water and wastewater technology from Bay De Noc Community College in Michigan. A member of the New York Section of American Water Works Association, he currently serves as Board Secretary for the Long Island Water Conference, and as Chairman of the National Association of Water Companies’ New York Chapter.
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