secwatch.observer — SEC 8-K summary
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Issuer:     CALIFORNIA WATER SERVICE GROUP (CWT)
CIK:        0001035201
Form:       8-K
Filed at:   2023-06-01T23:59:59+00:00
Accession:  0001104659-23-067079
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 5.07, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cal Water CFO retires; interim CFO appointed; Chairman Nelson retires, Kropelnicki becomes Chairman
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- CFO Thomas Smegal III retires May 31, 2023; will serve as strategic advisor for two years for $524,600.
- David Healey appointed Interim CFO and Treasurer, annual salary $470,000; board seeks permanent CFO.
- VP Engineering Robert Kuta departs May 31, 2023; receives $337,167 lump-sum for up to 20 hrs/week advisory for two months.
- Chairman Peter Nelson retired; CEO Martin Kropelnicki becomes Chairman; Scott Morris remains Lead Independent Director.
- Promotions: Michael Luu to SVP Corporate Services & Chief Risk Officer; Shilen Patel to Chief Business Development Officer at Cal Water.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1035201/000110465923067079/0001104659-23-067079-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1035201/000110465923067079/tm2317589d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-067079

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