SJW Group Appoints New Director Elizabeth Holland
Ticker: HTO · Form: 8-K · Filed: Nov 12, 2024 · CIK: 766829
| Field | Detail |
|---|---|
| Company | Sjw Group (HTO) |
| Form Type | 8-K |
| Filed Date | Nov 12, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.001, $425,000, $350,000, $148,750 |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-appointment, governance
TL;DR
SJW Group adds PG&E CFO alum Elizabeth Holland to its board.
AI Summary
SJW Group announced on November 6, 2024, that its Board of Directors has appointed Elizabeth R. Holland as a new director, effective immediately. Ms. Holland will serve on the Audit Committee and the Nominating and Corporate Governance Committee. She previously served as Chief Financial Officer of Pacific Gas and Electric Company (PG&E).
Why It Matters
The appointment of a new director with financial expertise can signal a focus on financial oversight and governance, potentially impacting investor confidence and strategic decisions.
Risk Assessment
Risk Level: low — This filing is a routine corporate announcement regarding a board appointment and does not involve significant financial transactions or operational changes.
Key Players & Entities
- SJW Group (company) — Registrant
- Elizabeth R. Holland (person) — Newly appointed director
- Audit Committee (company) — Committee appointment
- Nominating and Corporate Governance Committee (company) — Committee appointment
- Pacific Gas and Electric Company (PG&E) (company) — Previous employer of new director
FAQ
When was Elizabeth R. Holland appointed to the SJW Group Board of Directors?
Elizabeth R. Holland was appointed to the SJW Group Board of Directors effective November 6, 2024.
What committees will Elizabeth R. Holland serve on?
Ms. Holland will serve on the Audit Committee and the Nominating and Corporate Governance Committee.
What was Elizabeth R. Holland's previous role?
Elizabeth R. Holland previously served as Chief Financial Officer of Pacific Gas and Electric Company (PG&E).
What is SJW Group's principal executive office address?
SJW Group's principal executive office is located at 110 West Taylor Street, San Jose, CA 95110.
What is the SIC code for SJW Group?
The Standard Industrial Classification (SIC) code for SJW Group is 4941 (WATER SUPPLY).
Filing Stats: 852 words · 3 min read · ~3 pages · Grade level 11.6 · Accepted 2024-11-12 08:52:26
Key Financial Figures
- $0.001 — ich registered Common Stock, par value $0.001 per share SJW The Nasdaq Stock Market L
- $425,000 — her compensation: annual base salary of $425,000, and target annual incentive cash compe
- $350,000 — restricted stock unit ("RSU") award at $350,000, and shares subject to 2025 service- an
- $148,750 — ce- and performance-based RSU awards at $148,750, each to be granted to Ms. Kelly in acc
Filing Documents
- sjw-20241106.htm (8-K) — 31KB
- ex991pressrelease.htm (EX-99.1) — 11KB
- 0000766829-24-000131.txt ( ) — 171KB
- sjw-20241106.xsd (EX-101.SCH) — 2KB
- sjw-20241106_lab.xml (EX-101.LAB) — 22KB
- sjw-20241106_pre.xml (EX-101.PRE) — 13KB
- sjw-20241106_htm.xml (XML) — 3KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. On November 12, 2024, the Company issued a press release announcing the appointment of Ms. Kelly as described above. A copy of this press release is attached as Exhibit 99.1 hereto and is incorporated into this Item 7.01 of Form 8-K by reference. This exhibit shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities under that Section, nor shall it be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description of Document 99.1 Press Release, dated November 12 , 2024 . 104 Cover Page Interactive Data File - the cover page XBRL tags are embedded within Inline XBRL document SIGNATURE 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 thereunto duly authorized. SJW GROUP Date: November 12, 2024 /s/ Andrew F. Walters Andrew F. Walters, Chief Financial Officer and Treasurer