Business Context and Reporting Period
This Form 8-K Current Report was filed by American Water Works Company, Inc. on March 24, 2025. The filing addresses a corporate governance event involving the Board of Directors.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is limited to a personnel change and does not contain financial performance data.
Material Changes
Board Resignation: On March 24, 2025, Kimberly J. Harris resigned as a member of the Board of Directors, effective immediately.
- Reason: Personal reasons to focus on health and recovery from a recent medical issue.
- Disagreement: The resignation was not due to any disagreement with the Company regarding operations, policies, or practices.
- Committee Roles: Ms. Harris served as Chair of the Nominating/Corporate Governance Committee since 2021 and was a member of the Executive Development and Compensation Committee and the Safety, Environmental, Technology and Operations Committee.
- Succession: The Board intends to fill the vacancy in the Nominating Committee Chair role in due course.
Guidance, Outlook, and Risks
The filing contains no financial guidance, outlook, or discussion of material risks and contingencies. Management expressed wishes for Ms. Harris's complete and speedy recovery and thanked her for her service.
Investor Verification Checklist
- Confirm the timeline for appointing a new Chair of the Nominating/Corporate Governance Committee.
- Review subsequent filings to ensure no other undisclosed disagreements or governance issues exist related to the resignation.
- Verify if the resignation impacts any pending committee decisions or oversight responsibilities.