Aqua America, Inc. Announces Executive Appointments
January 17, 2020 at 12:39 am IST
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Aqua America, Inc. announced its new company name, Essential Utilities, Inc. (“Essential”) that will take effect on Feb. 3. In addition, the company is also announcing the members of the executive leadership team that will report to Chairman and CEO Christopher Franklin. The announcement comes after the Peoples acquisition received regulatory approval at the Pennsylvania Public Utility Commission’s January 16 meeting. The Company and Peoples are committed to continuing to provide exceptional service to their customers. The companies’ existing websites will still serve customers’ information and transactional needs. There are no immediate plans to rebrand these operating companies. The Company’s headquarters will remain in Bryn Mawr, Pennsylvania, and Peoples will remain in Pittsburgh. Aqua also announced the Essential executive leadership team that will report to Franklin at the close of the Peoples transaction: Ruth DeLost-Wylie, senior vice president, business transformation.
Essential Utilities, Inc. is a holding company for regulated utilities providing water, wastewater, or natural gas services. The Companyâs segments include the Regulated Water segment and the Regulated Natural Gas segment. The Regulated Water segment consists of water and wastewater regulated utility companies, which are organized by the states where the Company provides water and wastewater services. The Regulated Natural Gas segment consists of natural gas utility companies, acquired in the Peoples Gas Acquisition, for which the Company provides natural gas distribution services. It provides services across Pennsylvania, Ohio, Texas, Illinois, North Carolina, New Jersey, Indiana, Virginia, and Kentucky under the Aqua and Peoples brands. The Company also operates market-based activities, conducted through its non-regulated subsidiaries, that provide utility service line protection solutions and repair services to households and gas marketing and production activities.