RWE Reps Resign from American Water Board
American Water Works Company, Inc., the largest investor-owned U.S. water and wastewater utility company, announced effective Nov. 23 that Manfred Döss, Ph.D.; Rolf Pohlig, Ph.D.; and Andreas G. Zetzsche have resigned as members of its Board of Directors in connection with RWE’s offering of American Water common stock.
Döss and Pohlig have served on the American Water Board since Aug. 8, 2007 and Zetzsche has served on the board since Aug. 17, 2007.
“American Water thanks Dr. Döss, Dr. Pohlig and Mr. Zetzsche for their service on our Board of Directors,” said George MacKenzie, chair of the Board of American Water. “Their knowledge and expertise were valuable and we wish them well and appreciate the support they gave the company.”
American Water’s Board of Directors will consist of eight members, seven of whom are independent under applicable SEC rules and listing standards of the New York Stock Exchange.
With headquarters in Voorhees, N.J., American Water company employs approximately 7,000 professionals who provide drinking water, wastewater and other related services to approximately 15 million people in 32 states and Ontario, Canada.