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California Water Service Group (CWT)

NYSE - Nasdaq Real Time Price. Currency in USD
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60.97+0.25 (+0.41%)
At close: 3:59PM EDT
60.92 -0.05 (-0.08%)
After hours: 04:12PM EDT

California Water Service Group

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

Sector(s)Utilities
IndustryUtilities—Regulated Water
Full Time Employees1,192

Key Executives

NameTitlePayExercisedYear Born
Mr. Martin A. KropelnickiPres, CEO & Director2.9MN/A1967
Mr. Thomas F. Smegal IIIVP, CFO & Treasurer783.27kN/A1967
Ms. Lynne P. McGheeVP & Gen. Counsel565.11kN/A1965
Mr. Paul G. TownsleyVP of Corp. Devel. & Chief Regulatory Matters Officer692.32kN/A1957
Mr. Robert J. KutaVP of Engineering and Chief Water Quality & Environmental Compliance Officer603.7kN/A1965
Mr. Michael S. Mares Jr.VP of OperationsN/AN/AN/A
Mr. David B. HealeyVP, Corp. Controller & Assistant TreasurerN/AN/A1956
Mr. Ronald D. WebbVP of HRN/AN/A1957
Mr. Michael B. LuuVP of Information Technology & Chief Risk OfficerN/AN/A1980
Ms. Shannon C. DeanVP of Customer Service & Chief Citizenship OfficerN/AN/A1968
Amounts are as of December 31, 2020 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, and Hawaii. It 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. The company offers its services to approximately 492,600 customer connections in 100 California communities; approximately 5,300 water and wastewater customer connections on the islands of Maui and Hawaii; approximately 36,600 customer connections in the Tacoma, Olympia, Graham, Spanaway, Puyallup, and Gig Harbor areas; and approximately 8,500 water and wastewater customer connections in the Belen, Los Lunas, Indian Hills, and Elephant Butte areas in New Mexico. It 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 to telecommunication companies; and billing of optional third-party insurance programs to its residential customers, as well as provides lab services. In addition, the company offers 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 July 1, 2021 is 2. The pillar scores are Audit: 3; Board: 3; Shareholder Rights: 1; Compensation: 4.

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.