Business
H2O America Appoints Chief Financial Officer Andrew F. Walters to Board of Directors
SAN JOSE, Calif., May 20, 2025 (GLOBE NEWSWIRE) -- H2O America (NASDAQ:HTO) announces the appointment of Andrew F. Walters, Chief Financial Officer of H2O
About this update from H2o America
[{"type":"text","content":"SAN JOSE, Calif., May 20, 2025 (GLOBE NEWSWIRE) -- H2O America (NASDAQ:HTO) announces the appointment of Andrew F. Walters, Chief Financial Officer of H2O America, to its Board of Directors, effective July 1, 2025. Walters will serve as a director, bringing a wealth of expertise, strategic leadership, and focus on an employee-first culture to the role. Following Walters’ appointment, the board will consist of ten directors. \"I am honored to join the board of H2O America and look forward to working with such a dynamic group of leaders. I am also incredibly grateful to Eric Thornburg for his strong servant leadership over these past several years,” said Walters. \"We are pleased to welcome Andrew to the H2O America Board,\" said Eric W. Thornburg, chair, president and chief executive officer of H2O America. \"Andrew's deep experience in leading utilities, private equity investing, mergers and acquisitions, along with his dedication to our local communities will be invaluable as we grow our business and pursue our mission of serving customers, communities, employees and investors.\" Also recently announced, Walters will be the company’s next CEO, effective July 1, 2025, following Eric W. Thornburg’s retirement on June 30, 2025. For more than 11 years, Walters has served in key leadership roles within H2O America that align with the company’s mission of providing quality water while advancing public health and safety, protecting livelihoods, and building trust. Since January 2022, Walters has served as chief financial officer and treasurer, focusing on sustainable financial growth. As chief corporate development officer and integration executive, Walters was a key leader of the 2019 $1.1 billion acquisition of Connecticut Water Service, Inc., reinforcing H2O America’s strategic growth plan. Prior to joining H2O America, Walters was a managing director within J.P. Morgan Asset Management's Infrastructure Investments Group. Walters also established and led the Infrastructure Investment Banking Group for the Americas at Citigroup, in addition to serving in several other roles and geographies for more than 15 years. Said Walters, “Over the last few years, the Company has grown from a group of local utilities into something more: a national network with teams across four states serving 1.6 million people. We will continue to build upon ...