Business Context and Reporting Period
This Form 8-K filing by American Water Works Company, Inc. is dated December 12, 2016. The report addresses a corporate governance event involving 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 document is a current report regarding personnel changes and does not contain financial performance data.
Material Changes
The material change reported is the resignation of Richard R. Grigg from the Board of Directors, effective immediately on December 12, 2016. Mr. Grigg served on the Audit Committee and the Executive Development and Compensation Committee at the time of his departure.
Guidance, Outlook, and Risks
Management commentary indicates that Mr. Grigg's resignation is solely for health reasons and is not the result of any disagreement with the Company on any matter. No financial guidance, outlook, or new risk factors are disclosed in this filing.
Key Facts for Investors
- Richard R. Grigg resigned from the Board of Directors effective December 12, 2016.
- The resignation was voluntary and attributed to health reasons.
- Mr. Grigg was a member of the Audit Committee and the Executive Development and Compensation Committee.
- The Company explicitly states there was no disagreement regarding the resignation.