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California Water Service Group (CWT)

NYSE - Nasdaq Real Time Price. Currency in USD
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46.57+0.34 (+0.74%)
At close: 04:00PM EDT
48.00 +1.43 (+3.07%)
After hours: 05:16PM EDT

California Water Service Group

1720 North First Street
San Jose, CA 95112-4598
United States
408 367 8200
https://www.calwatergroup.com

Sector(s)Utilities
IndustryUtilities - Regulated Water
Full Time Employees1,266

Key Executives

NameTitlePayExercisedYear Born
Mr. Martin A. KropelnickiChairman, President & CEO2.57MN/A1967
Mr. Shawn C. BuntingSenior VP of Business Development & General Counsel564.5kN/A1973
Mr. Ronald D. WebbVP & Chief Human Resource Officer507.22kN/A1957
Mr. Michael B. LuuSenior VP of Corporate Services & Chief Risk Officer636.9kN/A1980
Mr. James Patrick LynchSenior VP, CFO & TreasurerN/AN/A1959
Mr. Thomas A. ScanlonCorporate Controller & Principal Accounting OfficerN/AN/A1963
Ms. Shannon C. DeanSenior VP of Customer Service & Chief Sustainability OfficerN/AN/A1968
Mr. Kenneth G. JenkinsChief Water Resource Sustainability OfficerN/AN/AN/A
Mr. Todd K. PetersChief Engineering OfficerN/AN/AN/A
Shilen M. PatelChief Business Development OfficerN/AN/AN/A
Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

California Water Service Group, through its subsidiaries, provides water utility and other related services in California, Washington, New Mexico, Hawaii, and Texas. The company is involved in the production, purchase, storage, treatment, testing, distribution, and sale of water for domestic, industrial, public, and irrigation uses, as well as for fire protection services. It offers its services to approximately 497,700 customer connections in 100 California communities; approximately 6,500 water and wastewater customer connections on the islands of Maui, Oahu, and Hawaii; approximately 38,000 customer connections in the Tacoma, Olympia, Graham, Spanaway, Puyallup, Rainier, Yelm, and Gig Harbor areas; and approximately 11,400 water and wastewater customer connections in Rio Communities, Rio Del Oro, Meadow Lake, Indian Hills, Squaw Valley, Elephant Butte, Morningstar, Sandia Knolls, Juan Tomas, and Cypress Gardens systems. The company also engages in the provision of non-regulated water-related services, including operating of municipally owned water systems, privately owned water, and recycled water distribution systems; water system operation, meter reading, and billing services to private companies and municipalities; leasing of communication antenna sites on its properties; and billing of optional third-party insurance programs to its residential customers. In addition, it provides lab, wastewater collection, and treatment services. California Water Service Group was founded in 1926 and is headquartered in San Jose, California.

Corporate Governance

California Water Service Group’s ISS Governance QualityScore as of April 1, 2024 is 1. The pillar scores are Audit: 2; Board: 5; Shareholder Rights: 1; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.