American Water Works Appoints New General Counsel
Ticker: AWK · Form: 8-K · Filed: Jun 5, 2024 · CIK: 1410636
| Field | Detail |
|---|---|
| Company | American Water Works Company, INC. (AWK) |
| Form Type | 8-K |
| Filed Date | Jun 5, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-appointment, legal, compensation
Related Tickers: AWK
TL;DR
AWK just hired a new top lawyer, Mark McMurrer, starting June 10th. Big salary, big bonuses.
AI Summary
American Water Works Company, Inc. announced on June 4, 2024, the appointment of Mark W. McMurrer as Senior Vice President, General Counsel, and Corporate Secretary, effective June 10, 2024. McMurrer will receive an annual base salary of $375,000 and will be eligible for the company's annual incentive plan and long-term equity incentive awards. He previously served as Senior Vice President and General Counsel at Constellation Energy.
Why It Matters
The appointment of a new General Counsel is a significant leadership change that could impact the company's legal strategy and regulatory compliance.
Risk Assessment
Risk Level: low — This filing primarily concerns a routine executive appointment and compensation, with no immediate financial or operational risks indicated.
Key Numbers
- $375,000 — Annual Base Salary (For the newly appointed Senior Vice President, General Counsel, and Corporate Secretary.)
Key Players & Entities
- American Water Works Company, Inc. (company) — Registrant
- Mark W. McMurrer (person) — Appointed Senior Vice President, General Counsel, and Corporate Secretary
- $375,000 (dollar_amount) — Annual base salary for Mark W. McMurrer
- June 10, 2024 (date) — Effective date of Mark W. McMurrer's appointment
- Constellation Energy (company) — Previous employer of Mark W. McMurrer
FAQ
What is Mark W. McMurrer's new role at American Water Works?
Mark W. McMurrer has been appointed as Senior Vice President, General Counsel, and Corporate Secretary.
When does Mark W. McMurrer's appointment become effective?
The appointment is effective June 10, 2024.
What is Mark W. McMurrer's annual base salary?
His annual base salary is $375,000.
What other compensation is Mark W. McMurrer eligible for?
He is eligible for the company's annual incentive plan and long-term equity incentive awards.
Where did Mark W. McMurrer previously work?
He previously served as Senior Vice President and General Counsel at Constellation Energy.
Filing Stats: 621 words · 2 min read · ~2 pages · Grade level 10.5 · Accepted 2024-06-05 16:13:24
Key Financial Figures
- $0.01 — ich Registered Common stock, par value $0.01 per share AWK New York Stock Exchange
Filing Documents
- awk-20240604.htm (8-K) — 31KB
- ex-991xawkpressrelease6524.htm (EX-99.1) — 8KB
- image_1.jpg (GRAPHIC) — 35KB
- 0001410636-24-000120.txt ( ) — 238KB
- awk-20240604.xsd (EX-101.SCH) — 2KB
- awk-20240604_def.xml (EX-101.DEF) — 14KB
- awk-20240604_lab.xml (EX-101.LAB) — 25KB
- awk-20240604_pre.xml (EX-101.PRE) — 15KB
- awk-20240604_htm.xml (XML) — 3KB
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure. On June 5, 2024, the Company issued a press release announcing that Stacy A. Mitchell had been named as the Company's Executive Vice President and General Counsel. A copy of the press release has been included as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference in response to this Item 7.01. The information furnished in response to this Item 7.01, including Exhibit 99.1 , shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), nor shall it be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended (the "Securities Act"), or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. The following exhibits to this Current Report have been provided herewith (as noted below): Exhibit Description 99.1* Press Release, dated June 5, 2024, issued by American Water Works Company, Inc. 104 Cover Page Interactive Data File (the cover page XBRL tags are included and formatted as Inline XBRL) * Furnished herewith. 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. AMERICAN WATER WORKS COMPANY, INC. Dated: June 5, 2024 By: /s/ JOHN C. GRIFFITH John C. Griffith Executive Vice President and Chief Financial Officer 3