Articles from SJW Group

SAN JOSE, Calif., March 31, 2025 (GLOBE NEWSWIRE) -- SJW Group (NASDAQ: SJW), a leading national investor-owned pure-play water and wastewater utility, today announced that its Board of Directors has appointed Ann P. Kelly as Chief Financial Officer (CFO) and Treasurer, effective July 1, 2025. Kelly, who joined SJW Group in November 2024 as Chief Accounting Officer, has already played a key role in advancing the company’s business transformation and operational excellence.

SAN JOSE, Calif., Feb. 27, 2025 (GLOBE NEWSWIRE) -- SJW Group (NASDAQ: SJW), one of the nation’s largest investor-owned pure-play water and wastewater utilities, today announced a leadership transition that marks the next phase of the company’s strategic direction and planned growth. After eight years of servant leadership and over 40 years of service to the drinking water profession, Eric W. Thornburg will retire as Chief Executive Officer (CEO) and President of SJW Group on June 30, 2025. He will remain on the SJW Group Board of Directors (the “Board”) as non-executive Chair of the Board.

SAN JOSE, Calif., Feb. 26, 2025 (GLOBE NEWSWIRE) -- SJW Group (NASDAQ: SJW) today reported financial results for 2024.

SAN JOSE, Calif., Feb. 13, 2025 (GLOBE NEWSWIRE) -- SJW Group (NASDAQ: SJW) expects to report financial results for the fourth quarter and full-year 2024 and announce guidance, including the company’s five-year capital plan, after the close of the market on Feb. 26, 2025.

SAN JOSE, Calif., Jan. 29, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of SJW Group (NASDAQ: SJW) has declared a quarterly cash dividend of $0.42 per share payable on March 3, 2025, to all shareholders of record at the close of business on Feb. 10, 2025.

SAN JOSE, Calif., Jan. 21, 2025 (GLOBE NEWSWIRE) -- Newsweek recognized SJW Group (NASDAQ: SJW), one of the largest investor-owned, pure-play water and wastewater utilities serving 1.6 million people nationwide, as one of America’s Most Responsible Companies 2025. Newsweek and market data research firm Statista acknowledged the top 600 U.S.-based companies for their commitment to making a positive global impact.

SAN JOSE, Calif., Jan. 16, 2025 (GLOBE NEWSWIRE) -- SJW Group (NASDAQ: SJW) announced today that its wholly owned subsidiary, San Jose Water Company, along with three other California water utilities (the “Joint Parties”) received a letter dated January 14, 2025, from the Executive Director of the California Public Utilities Commission (“CPUC”) granting the Joint Parties’ request to defer their scheduled 2025 Cost of Capital (“COC”) filings to May 1, 2026.

Provides for $450 million in increased water system investments and greater fixed cost recovery.

SAN JOSE, Calif., Dec. 09, 2024 (GLOBE NEWSWIRE) -- SJW Group (NASDAQ: SJW), a leading investor-owned pure-play water and wastewater utility, is pleased to announce the appointment of Douwe Busschops as chief information officer (CIO), effective today. In this role, Busschops will focus on the integration and optimization of technology systems to enhance operational efficiency, customer experience, and long-term business growth.

Kelly brings 15 years of experience in utility accounting and finance

SAN JOSE, Calif., Oct. 28, 2024 (GLOBE NEWSWIRE) -- SJW Group (NYSE: SJW) today reported financial results for the third quarter ended September 30, 2024.

SAN JOSE, Calif., Oct. 16, 2024 (GLOBE NEWSWIRE) -- SJW Group (NYSE: SJW) expects to report its 2024 third quarter financial results before the market opens on Monday, October 28, 2024.

SJW Group (NYSE: SJW) has been recognized as one of America’s Greenest Companies 2025 by Newsweek and market data research firm Plant-A Insights Group. The award recognizes SJW Group’s commitment to sustainability across its national footprint, which includes local operating companies in California, Texas, Connecticut and Maine. SJW Group is one of only two water companies and eight utilities recognized on the list of 300 companies honored by Newsweek.

San Jose Water (SJW), a wholly-owned subsidiary of SJW Group (NYSE: SJW), today announced that, together with the Public Advocates Office (PAO), it has reached a constructive settlement agreement in its 2025 to 2027 General Rate Case (GRC) that was filed with the California Public Utilities Commission (CPUC) on January 2, 2024. The settlement agreement, filed on August 19, 2024 with the CPUC for its approval, excludes two policy issues which will be litigated via briefs filed on August 1, 2024.

SJW Group (NYSE: SJW) today reported financial results for the second quarter ended June 30, 2024.

SJW Group (NYSE: SJW) expects to report its 2024 second quarter financial results after the market closes on Wednesday, July 24, 2024.

San Jose Water (“SJW” or “the Company”), a wholly-owned subsidiary of SJW Group (NYSE: SJW), announced today that it has received funds from the California Water and Wastewater Arrearage Payment Program, which is administered by the State Water Resources Control Board. Funded by the American Rescue Plan Act (“ARPA”), the funds are intended to help support customers who experienced financial hardship due to COVID and were unable to pay their water bills between June 15, 2021, and December 31, 2022.

SJW Group (NYSE: SJW) today reported financial results for the first quarter ended March 31, 2024.

SJW Group (NYSE: SJW) expects to report its 2024 first quarter financial results after the market closes on Thursday, April 25, 2024.

SJW Group (NYSE: SJW) announces that Nazan Riahei has been named vice president of communications for SJW Group, effective April 15. In this newly created role, Riahei will oversee internal and external communications at SJW Group and help position the company’s national platform for future growth. She will also closely collaborate with the leadership and communications teams across the company’s state operations, leveraging resources and scale to optimize best practices, consistency, and efficiency.

SJW Group (NYSE: SJW) announces today that Tanya Moniz-Witten will be joining the company on March 25, 2024, as president of San Jose Water (SJW). Tanya will be responsible for leading the regulated utility business in San Jose, driving strategy, financial performance, growth and establishing and maintaining excellent regulatory and customer relationships.

SJW Group (NYSE: SJW) today reported financial results for 2023.

The Texas Water Company (TWC) has filed an application with the Public Utilities Commission of Texas (PUCT) to acquire 3009 Water Company.

SJW Group (NYSE: SJW) expects to report financial results for the fourth quarter and 2023 year end, and announce guidance, after the close of the market on Feb. 21, 2024.

SJW Group (NYSE: SJW) announced today that its wholly owned subsidiary, San Jose Water Company, along with three other California water utilities (the “Joint Parties”) received a letter dated Feb. 2, 2024, from the Executive Director of the California Public Utilities Commission (“CPUC”) granting the Joint Parties’ request to defer their scheduled 2024 Cost of Capital (“COC”) filings to May 1, 2025.

The Board of Directors of SJW Group (NYSE: SJW) has declared a quarterly cash dividend of $0.40 per share payable on March 1, 2024, to all shareholders of record at the close of business on Feb. 5, 2024.

SJW Group (NYSE: SJW) was recently recognized in the Newsweek Excellence 1000 Index 2024. The venerable magazine’s index ranks a select group of 1000 companies globally, spanning more than 25 industries and 100 categories, that have been identified as exemplars of corporate success and responsibility.

SJW Group (NYSE: SJW) today announced that its board of directors has appointed Marisa Joss as corporate secretary, effective October 25, 2023. She joined the company in September 2022. Joss will also continue in her previous role as deputy general counsel subsidiaries, reporting to Willie Brown, vice president and general counsel of SJW Group.

SJW Group (NYSE: SJW) today reported financial results for the third quarter ended September 30, 2023.

SJW Group (NYSE: SJW) today announced that the company intends to release its third quarter 2023 financial results prior to 9:00 a.m. (ET) on Monday, October 30, 2023.

SJW Group (NYSE: SJW) today announced the appointment of Denise L. Kruger to the SJW Group board of directors effective, Sept. 1.

The Texas Water Company, a subsidiary of SJW Group (NYSE: SJW), today announced that it has closed on the acquisitions of KT Water Development Ltd. and KT Water Resources L.P. The acquisitions will add 570 residential water service connections and an approximately 40% increase in the systemwide water supply available for current customer needs and future growth.

SJW Group (NYSE: SJW) announces today that Aundrea Williams will be joining the company on August 21, 2023 as president of The Texas Water Company (TWC). TWC serves three of the five fastest growing counties in the U.S.

SJW Group (NYSE: SJW) today reported financial results for the second quarter ended June 30, 2023.

SJW Group (NYSE: SJW) today announced that the company intends to release its second quarter 2023 financial results prior to 9:00 a.m. (ET) on Monday, July 31, 2023. Eric W. Thornburg, president, chief executive officer and board chair, and Andrew F. Walters, chief financial officer and treasurer, will review the results in a webcast presentation at 11 a.m. (PT), 2:00 p.m. (ET) on Monday, July 31, 2023.

The California Public Utilities Commission (CPUC) has adopted the proposed decision in the cost of capital proceeding for San Jose Water for the years 2022 through 2024.

SJW Group (NYSE: SJW) today reported financial results for the first quarter ended March, 31, 2023.

SJW Group (NYSE: SJW) today announced that the company intends to release its first quarter 2023 financial results prior to 9:00 a.m. (ET) on Monday, May 1, 2023. Eric W. Thornburg, president, chief executive officer and board chair, and Andrew F. Walters, chief financial officer and treasurer, will review the results in a webcast presentation at 11 a.m. (PT), 2:00 p.m. (ET) on Monday, May 1, 2023.

SJW Group (NYSE: SJW) today announced that its board of directors has appointed Thomas A. Hodge as vice president of business development, effective April 1. Hodge has also been appointed president of Texas Water Operation Services, LLC. He has been with SJW since 2002 and has led the company’s rapidly growing Texas subsidiary, The Texas Water Company (TWC), as president since 2007.

SJW Group (NYSE: SJW) today reported financial results for the fourth quarter and year ended 2022.

SJW Group (NYSE: SJW) will release its 2022 full-year and fourth quarter financial results after the close of the market on Feb. 22, 2023. Eric W. Thornburg, president, chief executive officer and board chair, Andrew F. Walters, chief financial officer and treasurer, and Bruce A. Hauk, chief operating officer, will review the results in a webcast presentation at 11:00 a.m. (PT), 2:00 p.m. (ET) on Feb. 23, 2023.

SJW Group (NYSE: SJW) has announced today that Mohammed G. (Rally) Zerhouni joined the company on Jan. 30 as the senior vice president of finance, principal accounting officer.

The Board of Directors of SJW Group (NYSE: SJW) has declared a quarterly cash dividend of $0.38 per share payable on March 1, 2023, to all shareholders of record at the close of business on Feb. 6, 2023.

SJW Group (NYSE: SJW) today announced that its Texas subsidiary, SJWTX Inc., which does business as Canyon Lake Water Service Company, has reached agreements to acquire KT Water Development Ltd and KT Water Resources L.P., which are both located in Comal County, Texas. The pending acquisitions will add more than 550 customers and a 50% increase in the total available system-wide water supply for current customer needs and future growth.

SJW Group (NYSE: SJW) today announced that its board of directors has appointed Bruce A. Hauk as chief operating officer, effective January 1, 2023. Hauk will lead regulated water and wastewater utility operations across SJW Group’s geographically diverse footprint. The company’s local operations now serve more than 1.5 million people in California, Connecticut, Maine and Texas. Hauk joined SJW Group in August 2022 as its chief corporate development and strategy officer.

SJW Group (NYSE: SJW) announced today that Stephanie Orosco has been promoted to Chief Human Resources Officer of SJW Group. Orosco most recently served as the vice president of human resources (HR) at San Jose Water, a subsidiary of the company in California.

SJW Group (NYSE: SJW) has announced that Kristen A. Johnson has been promoted to senior vice president and chief administrative officer. Johnson has served as the chief administrative officer for SJW Group since 2019.

Connecticut Water Service, Inc. (CTWS), a wholly owned subsidiary of SJW Group (NYSE: SJW), announced today that Maureen P. Westbrook, president of CTWS and the Connecticut Water Company (CWC), plans to retire on Dec. 31, 2022, and Craig J. Patla, vice president of service delivery, is expected to succeed her as president of CTWS and CWC, effective on Jan. 1, 2023.

SJW Group (NYSE: SJW) announced today that Marisa Joss has joined the company as Deputy General Counsel and Assistant Corporate Secretary. In this role and as a member of the Senior Leadership Team, Marisa will be responsible for providing advice and support to both SJW and its subsidiaries, along with their boards of directors in the areas of legal and risk management, corporate governance, and securities laws.

SJW Group (NYSE: SJW) today reported third quarter financial results of $0.82 diluted earnings per share (EPS) on operating revenue of $176.0 million compared to third quarter 2021 results of $0.64 diluted EPS on operating revenue of $166.9 million. Diluted EPS in 2022 includes $0.83 per share from recurring operations offset by one-time items totaling $0.01 per share.

SJW Group (NYSE: SJW) today announced that the company will release its third quarter 2022 financial results after the close of the market on Thursday, October 27, 2022. Eric Thornburg, president, chief executive officer and board chair, James P. Lynch, chief accounting officer and Andrew F. Walters, chief financial officer, will review the results in a webcast presentation at 10 a.m. (PT), 1:00 p.m. (ET) on Friday, October 28, 2022.

San Jose Water (“the Company”), a wholly-owned subsidiary of SJW Group (NYSE: SJW), announced today that the California Public Utilities Commission (“CPUC”) approved its General Rate Case for the years 2022 through 2024.

SJW Group (NYSE: SJW) today announced that its board of directors has appointed Bruce A. Hauk as chief corporate development & strategy officer, effective August 22, 2022. Bruce will be responsible for business development and strategic planning. In this role, he will lead the company’s acquisition and growth initiatives, building on SJW’s strong record of acquisitions, with over 60 percent customer growth and more than doubling of utility plant in the past five years.

SJW Group (NYSE: SJW) today reported financial results for the second quarter ended June 30, 2022. SJW Group’s net income was $11.6 million based on revenues of $149.0 million for the quarter ended June 30, 2022, compared to net income of $20.8 million with revenues of $152.2 million for the same period in 2021.

SJW Group (NYSE: SJW) today announced that the company will release its second quarter 2022 financial results after the close of the market on Wednesday, July 27, 2022. Eric Thornburg, president, chief executive officer and board chair, James P. Lynch, chief accounting officer and Andrew F. Walters, chief financial officer, will review the results in a webcast presentation at 7 a.m. (PT), 10:00 a.m. (ET) on Thursday, July 28, 2022.

SJW Group (NYSE: SJW) today reported financial results for the first quarter ended March 31, 2022. SJW Group’s net income was $3.7 million for the quarter ended March 31, 2022, compared to $2.6 million for the same period in 2021. Diluted earnings per share were $0.12 and $0.09 for the quarters ended March 31, 2022 and 2021, respectively. Diluted earnings per share in 2022 includes $0.09 per share from recurring operations and one-time items totaling $0.03 per share. Diluted earnings per share in 2021 were $0.09 per share from recurring operations.

SJW Group (NYSE: SJW) today announced that the company will release its first quarter 2022 financial results after the close of the market on Wednesday, April 27, 2022. Eric Thornburg, president, chief executive officer and board chair, James P. Lynch, chief accounting officer and Andrew F. Walters, chief financial officer, will review the results in a webcast presentation at 10 a.m. (PT), 1:00 p.m. (ET) on Thursday, April 28, 2022.

SJW Group (NYSE: SJW) today announced that a stipulation agreement (settlement agreement) between its Maine subsidiary, The Maine Water Company, and the Office of Public Advocate has been approved by the Maine Public Utilities Commission. The agreement stems from a general rate application linked to the company’s $60 million investment in a new drinking water treatment facility to serve Biddeford-Saco division customers.

SJW Group (NYSE: SJW) today reported financial results for the annual and fourth quarter ended December 31, 2021.

SJW Group (NYSE: SJW), which provides life-sustaining water and wastewater services to more than 1.5 million people in the U.S., has announced the release of its 2021 Corporate Sustainability Report. The report summarizes the environmental, social and governance achievements across the company’s local operations that serve customers in California, Connecticut, Maine and Texas.

SJW Group (NYSE: SJW) will release its 2021 full-year and fourth quarter financial results after the close of the market on February 17, 2022. Eric W. Thornburg, president, chief executive officer and board chair, James P. Lynch, chief accounting officer, and Andrew F. Walters, chief financial officer, will review the results in a webcast presentation at 10:00 a.m. (PT), 1:00 p.m. (ET) on February 18, 2022.

SJW Group has joined the growing coalition of companies pledging to advance diversity and inclusion in the workplace. One of more than 2,000 CEOs who have come together with CEO Action for Diversity & Inclusion™, SJW Group’s president and CEO, Eric W. Thornburg, is committing himself and SJW Group to this goal.

The SJW Group (NYSE: SJW) board of directors has appointed James P. Lynch as chief accounting officer and Andrew F. Walters as chief financial officer. Peter Fletcher has been appointed vice president - information security officer of San Jose Water Co., a wholly owned subsidiary of SJW Group. The appointments were effective on Jan. 26. Lynch and Walters have both held previous officer positions at SJW Group.

The Board of Directors of SJW Group (NYSE: SJW) has declared a quarterly cash dividend of $0.36 per share payable on March 1, 2022, to all shareholders of record at the close of business on Feb. 7, 2022.

SJW Group (NYSE: SJW) today announced that its Texas subsidiary, SJWTX Inc., which does business as the Canyon Lake Water Service Company, has closed on the purchase of Texas Country Water in Comal County, Texas. TCW is the fourth Texas acquisition by SJWTX in the past 12 months. Over that time, SJWTX has added more than 1,900 water and wastewater connections through acquisitions. The overall growth rate for the same period is about 20% when organic growth is included.

SJW Group (NYSE: SJW) today announced that its Texas subsidiary, SJWTX Inc., which does business as the Canyon Lake Water Service Company, has closed on the purchase of two water/wastewater acquisitions that were under common ownership. The Kendall West and the Bandera East utilities have more than 1,600 water and wastewater service connections, and serve approximately 4,000 people in Kendall, Bandera and Medina counties in Texas. With the addition of Kendall County, SJWTX will operate in three of the top five fastest percentage growth counties in the US according to the US Census Bureau.

SJW Group (NYSE: SJW) today announced the appointment of Becky Armendariz Klein to the SJW Group Board of Directors. Ms. Klein has been appointed as an independent member of the board who will serve on the Sustainability and Executive Compensation Committees, effective December 17, 2021.

SJW Group (NYSE: SJW), the second-largest investor-owned pure-play water and wastewater utility in the United States, based on estimated rate base, has been invited to present at the Bank of America Water Conference on Dec. 6, 2021.

SJW Group (NYSE: SJW) today reported financial results for the third quarter ended September 30, 2021. SJW Group net income was $19.1 million for the quarter ended September 30, 2021, compared to $26.1 million for the same period in 2020. Diluted earnings per share were $0.64 and $0.91 for the quarters ended September 30, 2021 and 2020, respectively. Diluted earnings per share in 2020 includes $0.89 per share from ongoing operations and a non-recurring gain on the sale of real estate investments of $0.9 million (net of tax) or $0.03 per share, offset by non-recurring expenses related COVID-19 related reserves and expenses of $0.3 million (net of tax) or $0.01 per share.

SJW Group (NYSE: SJW) today announced that the company will release its third quarter 2021 financial results after the close of the market on October 28, 2021. Eric Thornburg, President, Chief Executive Officer and Board Chair, and James Lynch, Chief Financial Officer and Treasurer, will review the results in a webcast presentation at 10:00 a.m. (PT), 1:00 p.m. (ET) on October 29, 2021.

SJW Group (NYSE: SJW), the second-largest investor-owned pure-play water and wastewater utility in the United States, based on estimated rate base, has been invited to present at the Janney Virtual Water Utilities Conference on Sept. 14, 2021.

SJW Group (NYSE: SJW) CEO Eric Thornburg today shared his perspective on how to collectively improve the nation’s cybersecurity and critical infrastructure resilience in a meeting with President Biden, members of his cabinet and national security team, and private sector and education leaders from across the country. Mr. Thornburg was honored by the invitation and eager to engage in discussions on how best to safeguard the nation’s public drinking water from cyber threats. Safe drinking water is essential to support public health, safety and economic development across the country. Other notable attendees included executives from Apple, Microsoft, Amazon, Google, IBM, and JPMorgan.

SJW Group (NYSE: SJW) today reported financial results for the second quarter ended June 30, 2021. SJW Group net income was $20.8 million for the quarter ended June 30, 2021, compared to $19.7 million for the same period in 2020. Diluted earnings per share were $0.69 for the quarters ended June 30, 2021 and 2020, respectively. Diluted earnings per share in 2021 includes $0.60 per share from ongoing operations and $2.6 million (net of tax) or $0.09 per share from non-recurring income related to the holdback amount received during 2021 related to the sale of all of SJW Group’s equity interest in Texas Water Alliance Limited (“TWA”) to the Guadalupe-Blanco River Authority (“GBRA”) in 2017. Diluted earnings per share in 2020 includes $0.72 per share from ongoing operations offset by non-recurring expenses related COVID-19 related reserves and expenses of $0.7 million (net of tax) or $0.03 per share.

SJW Group (NYSE: SJW) today announced that the company will release its second quarter 2021 financial results after the close of the market on July 29, 2021. Eric Thornburg, President, Chief Executive Officer and Board Chairman, and James Lynch, Chief Financial Officer and Treasurer, will review the results in a webcast presentation at 10:00 a.m. (PT), 1:00 p.m. (ET) on July 30, 2021.

SJW Group (NYSE: SJW) today announced that its Texas subsidiary, SJWTX Inc., which does business as Canyon Lake Water Service Company, is planning to acquire the Kendall West Utility operating in Kendall County and the Bandera East Utility in Bandera and Medina Counties, Texas. The companies have filed applications with the Public Utilities Commission of Texas (“PUCT”) for approval of the transactions.