California Water Service Group's Chief Financial Officer to Retire.Business Editors SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif.--(BUSINESS WIRE)--Nov. 20, 2002 California Water Service Group's (NYSE NYSE See: New York Stock Exchange :CWT cwt 112 pounds avoirdupois weight. ) Vice President and Chief Financial Officer Gerald F. Feeney will retire on February 1, 2003, after nearly 27 years of service, the Company announced today. "Gerry is not only a dedicated and talented CFO See Chief Financial Officer. , he is also a close friend. We appreciate the many significant contributions he has made to Cal Water. I know I speak for everyone at the Company when I wish Gerry much happiness as he embarks on this new phase of his life," said Robert W. Foy, Chairman of the Board. Feeney began his career at the Company in 1976 as Controller. In 1994 he was promoted to his current position. Prior to joining the Company, he was an audit manager at Peat Marwick, Certified Public Accountants Certified Public Accountant (CPA) An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state. . "Gerry's accomplishments at Cal Water are simply too long to list. He works incredibly hard and is absolutely committed to doing what is ethical, right and best for the Company. The CEO/CFO relationship is a very close one, and I have been blessed to have had Gerry as CFO during my tenure," said President and Chief Executive Officer Peter C. Nelson. Feeney chose to retire so that he would have more time to spend with his wife, children and new grandson. "Working for a great company like Cal Water has been a tremendous opportunity that I really appreciate. I will miss seeing friends and colleagues who assisted me so much. However, having time with my wife and family, and having time to enjoy other leisure interests while I am still young, have taken precedent," Feeney said. The Company will announce Feeney's replacement in the coming weeks. California Water Service Group is the parent company of California Water Service Company, Washington Water Service Company, New Mexico Water Service Company, and CWS CWS Chicago White Sox CWS College World Series CWS Church World Service CWS Child Welfare Services CWS Canadian Wildlife Service CWS Community Water System (EPA) CWS Canada-Wide Standard CWS Compressed Work Schedule Utility Services. The subsidiaries provide regulated and non-regulated water service to over 1.7 million people in 98 communities. The Company's common stock trades on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the symbol "CWT." |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion