California Water Service Group appoints Kropelnicki as Chairman; Nelson to retire May 2023

CALIFORNIA WATER SERVICE GROUP

Martin A. Kropelnicki, current President & CEO and director, to become Chairman after May 2023 annual meeting.
Chairman Peter C. Nelson will retire in May 2023 under the company's age limit policy; he served 17 years as CEO, 9 as Chair.
Terry P. Bayer appointed Lead Independent Director effective immediately; she has served on the Board for 8 years.
Bayer is former COO of Molina Healthcare; holds JD from Stanford and MPH from UC Berkeley.
After Nelson's retirement, Board will have nine independent directors with Bayer as Lead Independent Director.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Peter C. Nelson

Director

CWT · CALIFORNIA WATER SERVICE GROUP

Filed: October 4, 2022, 7:59 PM ET

Peter C. Nelson, who, in accordance with the Board’s retirement age policy, will be retiring as a director at the 2023 Annual Meeting.

Appointed

Terry P. Bayer

Lead Independent Director

CWT · CALIFORNIA WATER SERVICE GROUP

Effective: 2022-10-04
Filed: October 4, 2022, 7:59 PM ET

The independent directors have selected Terry P. Bayer, who currently serves as a member of the Board, to serve as Lead Independent Director, effective immediately.

Appointed

Martin A. Kropelnicki

Chairman of the Board

CWT · CALIFORNIA WATER SERVICE GROUP

Successor: Peter C. Nelson
Filed: October 4, 2022, 7:59 PM ET

appointed Martin A. Kropelnicki, the Company’s current President, Chief Executive Officer and a director, to serve as Chairman of the Board, effective at the conclusion of the Company’s 2023 Annual Meeting of Stockholders (the “2023 Annual Meeting”).

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Peter C. Nelson departed as Director at CALIFORNIA WATER SERVICE GROUP.

Action: retiring
Role: Director

Exact text from the filing

Peter C. Nelson, who, in accordance with the Board’s retirement age policy, will be retiring as a director at the 2023 Annual Meeting.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Terry P. Bayer was appointed as Lead Independent Director at CALIFORNIA WATER SERVICE GROUP.

Action: selected
Role: Lead Independent Director

Exact text from the filing

The independent directors have selected Terry P. Bayer, who currently serves as a member of the Board, to serve as Lead Independent Director, effective immediately.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Martin A. Kropelnicki was appointed as Chairman of the Board at CALIFORNIA WATER SERVICE GROUP.

Action: appointed
Role: Chairman of the Board

Exact text from the filing

appointed Martin A. Kropelnicki, the Company’s current President, Chief Executive Officer and a director, to serve as Chairman of the Board, effective at the conclusion of the Company’s 2023 Annual Meeting of Stockholders (the “2023 Annual Meeting”).

View on SEC.gov

CALIFORNIA WATER SERVICE GROUP filing history →

Source: SEC EDGAR

accession 0001104659-22-105853

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