Business Context and Reporting Period
This Form 8-K filing by American Water Works Company, Inc. covers events occurring on January 14, 2018, and January 17, 2018. The report addresses corporate governance changes specifically regarding the Board of Directors.
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 personnel and governance disclosures.
Material Changes
The primary material change reported is the resignation of Paul J. Evanson from the Board of Directors. Mr. Evanson resigned for personal reasons, effective January 17, 2018, and explicitly stated there was no disagreement with the Company regarding its policies, practices, or operations. At the time of his departure, he served as Chair of the Executive Development and Compensation Committee and as a member of the Finance and Risk Committee.
Outlook and Management Commentary
On January 17, 2018, the Board appointed George MacKenzie, the Company's Chairman, to fill the vacancies left by Mr. Evanson. Mr. MacKenzie was appointed as a member and Chair of the Executive Development and Compensation Committee and as a member of the Finance and Risk Committee. The filing contains no financial guidance, risk factors, or contingencies beyond the personnel changes.
Key Facts for Investor Verification
- Paul J. Evanson resigned from the Board effective January 17, 2018, citing personal reasons.
- George MacKenzie was immediately appointed to replace Mr. Evanson on the Executive Development and Compensation Committee (as Chair) and the Finance and Risk Committee.
- The resignation was not the result of any disagreement with the Company.
- No financial performance data is included in this specific filing.