Core Viewpoint - H2O America has appointed Megan Mattern as Chief Accounting Officer, Principal Accounting Officer, and Controller, effective July 28, 2025, during a period of leadership transition and growth for the company [1][5]. Group 1: Leadership Transition - Eric W. Thornburg, the current Chair, President, and CEO, will retire on June 30, 2025, with Andrew F. Walters, the Chief Financial Officer and Treasurer, set to become the new CEO [2][5]. - Ann P. Kelly, the current Chief Accounting Officer, will assume the role of CFO effective July 1, 2025 [5]. Group 2: Megan Mattern's Background - Megan Mattern brings over 20 years of experience in complex, regulated environments, particularly in global energy, utilities, and infrastructure [2]. - She previously served as Vice President and CFO of UGI International, a $2.3 billion multinational LPG distributor, where she led financial strategy across 16 countries and achieved over 15% EBIT growth [2][3]. - Mattern has held senior financial leadership roles at UGI Energy Services, UGI Utilities, and PPL Corporation, focusing on M&A, systems modernization, and financial transformation [3]. Group 3: Company Overview - H2O America is a national investor-owned network of local water and wastewater utilities, committed to delivering clean, high-quality water to communities [7]. - The company operates approximately 407,000 water and wastewater service connections and focuses on investing in critical infrastructure for sustainable water supply [8]. - H2O America serves over 1.6 million people through its regional utilities, including Connecticut Water, Maine Water, San Jose Water, and Texas Water [9].
H2O America Appoints Megan Mattern as Chief Accounting Officer
Globenewswireยท2025-06-25 13:00