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California Water Service Group (CWT)

NYSE - NYSE Delayed price. Currency in USD
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53.83-0.41 (-0.76%)
At close: 04:00PM EDT
53.83 0.00 (0.00%)
After hours: 04:16PM 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 employees1,182

Key executives

NameTitlePayExercisedYear born
Mr. Martin A. KropelnickiPres, CEO & Director2.15MN/A1967
Mr. Thomas F. Smegal IIIVP, CFO & Treasurer643.44kN/A1967
Ms. Lynne P. McGheeVP & Gen. Counsel460.16kN/A1965
Mr. Paul G. TownsleyVP of Corp. Devel.570.39kN/A1957
Mr. Robert J. KutaVP of Engineering and Chief Water Quality & Environmental Compliance Officer502.46kN/A1965
Mr. Michael S. Mares Jr.VP of OperationsN/AN/A1967
Mr. David B. HealeyVP, Corp. Controller & Assistant TreasurerN/AN/A1956
Mr. Ronald D. WebbVP & Chief Human Resource OfficerN/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 31 December 2021, and compensation values are for the last fiscal year ending on that date. Pay includes 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. It offers its services to approximately 494,500 customer connections in 100 California communities; approximately 6,200 water and wastewater customer connections on the islands of Maui and Hawaii; approximately 36,400 customer connections in the Tacoma, Olympia, Graham, Spanaway, Puyallup, and Gig Harbor areas; and approximately 8,600 water and wastewater customer connections in the Belen, Los Lunas, Indian Hills, and Elephant Butte areas in New Mexico. 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 to telecommunication companies; and billing of optional third-party insurance programs to its residential customers, as well as provides lab services. In addition, it offers wastewater collection and treatment services. The company was founded in 1926 and is headquartered in San Jose, California.

Corporate governance

California Water Service Group’s ISS governance QualityScore as of 1 June 2022 is 1. The pillar scores are Audit: 1; Board: 4; Shareholder rights: 1; Compensation: 5.

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 10 indicates higher governance risk.