California Water Service Group logo CWT - California Water Service Group

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UPSIDE: 6.36%

About California Water Service Group (https://www.calwatergroup.com)

California Water Service Group (CWT), through its various subsidiaries, operates as a water utility, delivering essential water services and related offerings across several states, including California, Washington, New Mexico, Hawaii, and Texas. The company's operations encompass the entire water supply chain, from procuring, storing, treating, and rigorously testing water to its widespread distribution and ultimate sale. This water is utilized for a diverse array of purposes, spanning domestic consumption, industrial processes, public use, agricultural irrigation, and crucial fire protection. The group serves a substantial customer base, catering to approximately 494,500 connections across 100 communities in California. Moreover, on the Hawaiian islands of Maui and Hawaii, it manages roughly 6,200 water and wastewater customer hookups. In Washington, approximately 36,400 connections receive service in locations such as Tacoma, Olympia, Graham, Spanaway, Puyallup, and Gig Harbor. New Mexico communities like Belen, Los Lunas, Indian Hills, and Elephant Butte are served by roughly 8,600 water and wastewater connections. Beyond its core regulated utility functions, California Water Service Group provides various non-regulated, water-related services. These include the management of water systems for both municipal and private entities, the operation of recycled water distribution networks, and specialized services such as water system operation, meter reading, and billing for external companies and public bodies. Furthermore, it generates income by leasing communication antenna sites on its land to telecommunications companies, and it manages the billing of optional third-party insurance schemes for its residential clients. Laboratory services are also part of its offerings. Lastly, the organization handles wastewater collection and purification processes. Established in 1926, the company's corporate headquarters are situated in San Jose, California.

Key Executives

NAME TITLE DOB SALARY
Martin A. Kropelnicki Chairman, President & Chief Executive Officer 1967 $2,670,711 USD
James Patrick Lynch Senior Vice President, Chief Financial Officer, Principal Financial Officer & Treasurer 1959 $811,444 USD
Michael Luu Senior Vice President of Corporate Services & Chief Risk Officer 1980 $775,460 USD
Shawn C. Bunting Senior VP of Business Development & Chief Legal Officer 1973 $738,193 USD
Shannon C. Dean Senior Vice President of Customer Service & Chief Sustainability Officer 1968 $589,712 USD
Kris A. Hamner Vice President & Chief Human Resource Officer 1977 $507,220 USD
Greg A. Milleman Vice President of Rates & Regulatory Affairs 1963
Michael S. Mares Jr. Senior Vice President of Operations 1967
Shilen Patel Chief Business Development Officer
Thomas A. Scanlon VP, Corporate Controller and Principal Accounting Officer 1963
Todd K. Peters Chief Engineering Officer

Company Peers

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