American Water Appoints George MacKenzie to Chairman of the Board.VOORHEES, N.J. -- American Water, the largest and most geographically diverse provider of water services in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , today announced the appointment of George MacKenzie George MacKenzie may refer to:
This article is about the Scottish lawyer. as non-executive chairman of the Company's Board of Directors effective May 17, 2006. George MacKenzie most recently served as Interim President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of American Water until the appointment of Donald L. Correll, which took effect April 17, 2006. Mr. MacKenzie has been a member of the American Water Board of Directors since August 2003 and also served as the Chair of the Audit Committee of the Board from February 2004, until his appointment as Interim CEO. Harry Roels, CEO of RWE RWE Rot-Weiss Essen (Germann football club) RWE Ralph Waldo Emerson RWE Rheinisch-Westfälische Elektrizitätswerke (German Power Supplier) RWE Read Write Execute RWE Right Wing Extremist AG, stated, "I am pleased that George has accepted this appointment and will continue to serve in an important role in preparing American Water for its return to being an independent, publicly traded company publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. ." In addition to his role with American Water, George MacKenzie is a director on the Boards of Safeguard Scientifics, Inc., traffic.com, and C&D Technologies, Inc., where he served as Interim CEO early in 2005. He also serves on the Board of Trustees board of trustees Politics The posse of thugs who oversee an institution's administration. See Board of directors. of the Medical Center of Delaware and is a member of the Investment Committee at the University of Delaware [3] The student body at the University of Delaware is largely an undergraduate population. Delaware students have a great deal of access to work and internship opportunities. . George MacKenzie previously served as vice chairman of the Board and chief financial officer of Hercules Incorporated, a global manufacturer of chemical specialties whose 5,000 employees generated sales of approximately $2 billion in fiscal 2005. During his 22-year career with Hercules he served in a variety of senior management roles including president of the Chemical Specialty Division. George MacKenzie replaces Jeremy Pelczer who served as American Water's president from September 2003, and president and CEO from February 2004 until the end of 2005 and non-executive Chairman of American Water since November 2005. Mr. Pelczer will continue to head RWE Thames Water Thames Water, known originally as the Thames Water Authority and after privatization as Thames Water Utilities Limited, is the utility responsible for water supply and waste water treatment in parts of Greater London, Surrey, Wiltshire, and the Thames Valley in the . "We are thankful for Jeremy's strong leadership at American Water over the past two years as CEO and Chairman, and are pleased that he will dedicate his full attention to Thames Water as its CEO," said Harry Roels. With headquarters in Voorhees, NJ, American Water employs approximately 7,000 people who provide high quality water, wastewater, and other related services to more than 18 million people in 29 states, Puerto Rico and Canada. More information can be found by visiting www.amwater.com. American Water is an integrated part of RWE AG (Essen, Germany), a leading utility company in Germany. RWE is one of the leading international utility companies. The company provides customers with electricity, gas and water as well as services related to these products. The company's core markets are Germany, the UK and Continental Europe. Major companies and millions of households throughout Europe rely every day on the RWE Group's services and products. In fiscal year 2005, approximately 86,000 employees worldwide within the RWE Group generated sales of about EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 42 billion. |
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