Source-grounded facts extracted from CALIFORNIA WATER SERVICE GROUP's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
CALIFORNIA WATER SERVICE GROUP shareholders approved Ratification of appointment of Deloitte & Touche LLP as independent registered public accounting firm for 2025 at the 2026-05-20 meeting.
“The appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for 2025 was ratified as follows:”
Shareholder Votes
CALIFORNIA WATER SERVICE GROUP shareholders approved Advisory vote on the compensation paid to the Company’s named executive officers at the 2026-05-20 meeting.
“The advisory vote on the compensation paid to the Company’s named executive officers was approved as follows:”
Shareholder Votes
CALIFORNIA WATER SERVICE GROUP shareholders approved Election of Directors at the 2026-05-20 meeting.
“The following nominees for Director were elected to serve until the 2027 Annual Meeting of Stockholders based upon the following votes:”
Earnings Releases
CALIFORNIA WATER SERVICE GROUP reported financial results for first quarter of 2026, ended March 31, 2026.
“On April 29, 2026, California Water Service Group (the “Company”) issued a press release (a copy of which is attached hereto as Exhibit 99.1 and incorporated herein by reference) announcing its financial results for the first quarter of 2026, ended March 31, 2026.”
Debt Financings
CALIFORNIA WATER SERVICE GROUP incurred mortgage of $200 million principal amount at 5.64% maturing due October 1, 2055.
“California Water Service Company (“Cal Water”), a wholly owned subsidiary of Group, completed the sale and issuance of $200 million principal amount of its 5.64% First Mortgage Bonds due October 1, 2055, Series 3 (the “Bonds”)”
Debt Financings
CALIFORNIA WATER SERVICE GROUP incurred senior notes of $100 million principal amount at 5.22% maturing due October 1, 2035.
“$100 million principal amount of its 5.22% Senior Unsecured Notes, Series B, due October 1, 2035 (the “Series B Notes””
Debt Financings
CALIFORNIA WATER SERVICE GROUP incurred senior notes of $70 million principal amount at 4.87% maturing due October 1, 2032.
“On October 1, 2025, California Water Service Group (“Group”) completed the sale and issuance of (i) $70 million principal amount of its 4.87% Senior Unsecured Notes, Series A, due October 1, 2032 (the “Series A Notes”)”
Ronald D. Webb departed as Vice President, Chief Human Resource Officer at CALIFORNIA WATER SERVICE GROUP.
“Ronald D. Webb, Vice President, Chief Human Resource Officer, notified the California Water Service Group (the “Company”) of his intention to retire effective after the close of business on March 31, 2025”
Earnings Releases
CALIFORNIA WATER SERVICE GROUP reported financial results for the first quarter of 2024, ended March 31, 2024.
“On April 25, 2024, California Water Service Group (the “Company”) issued a press release (a copy of which is attached hereto as Exhibit 99.1 and incorporated herein by reference) announcing its financial results for the first quarter of 2024, ended March 31, 2024.”
Earnings Releases
CALIFORNIA WATER SERVICE GROUP reported fourth quarter and year-end of 2023, ended December 31, 2023 results: net income $51.9 million, EPS $0.91.
“California Water Service Group (NYSE: CWT) (“Company” or “CWT”) today announced 2023 full year net income attributable to CWT of $51.9 million and diluted earnings per share of $0.91 for 2023, as compared to net income attributable to CWT of $96.0 million and diluted earnings per share of $1.77 for 2022.”
James P. Lynch was appointed as Senior Vice President, Chief Financial Officer and Treasurer at CALIFORNIA WATER SERVICE GROUP.
“On January 3, 2024, the Board of Directors of California Water Service Group (the “Company”) appointed James P. Lynch to serve as Senior Vice President, Chief Financial Officer and Treasurer.”
Jeffrey Kightlinger was elected as Director at CALIFORNIA WATER SERVICE GROUP.
“elect Jeffrey Kightlinger to the Board, effective November 1, 2023”
Earnings Releases
CALIFORNIA WATER SERVICE GROUP reported the six-month period ended June 30, 2023 results: revenue $325.1 million, net income $12.7 million, EPS $0.23 loss per diluted common share.
“million and $63.0 million, which is based on the current positions of the parties to the 2021 GRC Filing and consumption driven regulatory mechanisms. Operating revenue was $325.1 million for the six-month period ended June 30, 2023, compared”
Earnings Releases
CALIFORNIA WATER SERVICE GROUP reported the quarter ended June 30, 2023 results: revenue $194.0 million, net income $9.6 million, EPS $0.17.
“once approved, will be retroactive to January 1, 2023, and a cumulative adjustment will be recorded in the quarter in which final approval is received. Operating revenue was $194.0 million for the quarter ended June 30, 2023, compared to $206.2 million for the same period in 2022. The $12.2 million, or 5.9%, revenue decrease was primarily due to a $7.1 million”
Charles R. Patton was elected as Director at CALIFORNIA WATER SERVICE GROUP.
“voted to increase the size of the Board from nine to ten directors and to elect Charles R. Patton to the Board, effective July 1, 2023.”
Shareholder Votes
CALIFORNIA WATER SERVICE GROUP shareholders rejected Stockholder proposal requesting additional emissions reduction targets and reporting at the 2023-05-31 meeting.
“The stockholder proposal requesting additional emissions reduction targets and reporting was not approved as follows: Votes For Votes Against Abstentions Broker Non-Votes 15,029,598 30,772,600 397,522 4,598,164”
Shareholder Votes
CALIFORNIA WATER SERVICE GROUP shareholders approved Amendment to the Company’s Certificate of Incorporation to reflect the new Delaware law provisions regarding officer exculpation at the 2023-05-31 meeting.
“The amendment to the Company’s Certificate of Incorporation to reflect the new Delaware law provisions regarding officer exculpation was approved as follows: Votes For Votes Against Abstentions Broker Non-Votes 37,462,740 8,555,956 181,024 4,598,164”
Shareholder Votes
CALIFORNIA WATER SERVICE GROUP shareholders approved Ratification of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for 2023 at the 2023-05-31 meeting.
“The selection of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for 2023 was ratified as follows: Votes For Votes Against Abstentions Broker Non-Votes 50,247,940 421,681 128,263 -”
Shareholder Votes
CALIFORNIA WATER SERVICE GROUP shareholders approved Advisory vote on the frequency of future advisory votes to approve compensation paid to the Company’s named executive officers at the 2023-05-31 meeting.
“The advisory vote on the frequency of future advisory votes to approve compensation paid to the Company’s named executive officers was as follows: Votes For 1 Year Votes For 2 Years Votes For 3 Years Abstentions Broker Non-Votes 44,322,870 147,449 1,630,702 98,699 4,598,164”
Shareholder Votes
CALIFORNIA WATER SERVICE GROUP shareholders approved Advisory vote on the compensation paid to the Company’s named executive officers at the 2023-05-31 meeting.
“The advisory vote on the compensation paid to the Company’s named executive officers was approved as follows: Votes For Votes Against Abstentions Broker Non-Votes 44,409,824 1,596,800 193,096 4,598,164”
Shareholder Votes
CALIFORNIA WATER SERVICE GROUP shareholders approved Election of Directors at the 2023-05-31 meeting.
“The following nominees for Director were elected to serve until the 2024 Annual Meeting of Stockholders based upon the following votes: Nominee Votes For Votes Against Abstentions Broker Non-Votes Gregory E. Aliff 45,715,759 391,091 92,870 4,598,164 Shelly M. Esque 45,655,710 450,811 93,199 4,598,164 Martin A. Kropelnicki 45,221,050 900,186 78,484 4,598,164 Thomas M. Krummel, M.D. 44,323,613 1,785,064 91,043 4,598,164 Yvonne A. Maldonado, M.D. 45,647,073 471,212 81,435 4,598,164 Scott L. Morris 44,780,776 1,329,212 89,732 4,598,164 Carol M. Pottenger 45,634,141 475,817 89,762 4,598,164 Lester A. Snow 44,597,093 1,509,896 92,731 4,598,164 Patricia K. Wagner 45,955,751 159,791 84,178 4,598,164”
Robert J. Kuta resigned as Vice President, Engineering & Chief Water Quality & Environmental Compliance Officer at CALIFORNIA WATER SERVICE GROUP.
“On May 26, 2023, Robert J. Kuta, Vice President, Engineering & Chief Water Quality & Environmental Compliance Officer notified the Company of his intention to leave the Company effective May 31, 2023 to pursue other opportunities that better suit the needs of his family.”
David B. Healey was appointed as Interim Vice President, Chief Financial Officer and Treasurer at CALIFORNIA WATER SERVICE GROUP.
“On May 31, 2023, the Board of Directors (the “Board”) appointed David B. Healey, 66, to serve as Interim Vice President, Chief Financial Officer and Treasurer, while the Board evaluates candidates for the permanent position.”
Thomas F. Smegal III retired as Vice President, Chief Financial Officer and Treasurer at CALIFORNIA WATER SERVICE GROUP.
“On May 26, 2023, Thomas F. Smegal III, Vice President, Chief Financial Officer and Treasurer notified the California Water Service Group (the “Company”) of his intention to retire from his position as Chief Financial Officer effective May 31, 2023.”
Earnings Releases
CALIFORNIA WATER SERVICE GROUP reported first quarter of 2022, ended March 31, 2022 results: revenue $173.0 million, net income net income attributable to Group of $1.1 million, EPS diluted earnings per share of $0.02.
“cumulative adjustment will be recorded in the quarter in which final approval is received. Operating revenue was $131.1 million for the quarter ended March 31, 2023, compared to $173.0 million for the same period in 2022. The $41.9 million, or 24.2%, revenue decrease was primarily attributable to an $18.8 million increase in revenue deferral, a $12.1 million”
Earnings Releases
CALIFORNIA WATER SERVICE GROUP reported first quarter of 2023, ended March 31, 2023 results: revenue $131.1 million.
“today announced a net loss attributable to Group of $22.2 million and diluted loss per share of $0.40 for the quarter ended March 31, 2023, as compared to net income attributable to Group of $1.1 million and diluted earnings per share of $0.02 for the quarter ended March 31, 2022.”
Debt Financings
CALIFORNIA WATER SERVICE GROUP incurred revolving credit of $400.0 million unsecured revolving credit facility with Bank of America, N.A. at Term SOFR, plus an applicable margin of 0.800% to 1.250% maturing March 31, 2028.
“The Opco Credit Agreement provides for a $400.0 million unsecured revolving credit facility”
Debt Financings
CALIFORNIA WATER SERVICE GROUP incurred revolving credit of $200.0 million unsecured revolving credit facility with Bank of America, N.A. at Term SOFR, plus an applicable margin of 0.800% to 1.250% maturing March 31, 2028.
“The Holdco Credit Agreement provides for a $200.0 million unsecured revolving credit facility”
Material Agreements
CALIFORNIA WATER SERVICE GROUP terminated Prior Credit Facilities with Not specified valued at Replaced the existing credit facilities originally entered into on March 29, 2019 (effective 2023-03-31).
“On March 31, 2023 (the "Effective Date"), California Water Service Group, a Delaware corporation (the "Registrant"), and California Water Service Company, a California corporation and a wholly-owned subsidiary of the Registrant ("Cal Water"), entered into the Credit Agreements (as defined below), which provide for unsecured revolving credit facilities of up to an initial aggregate amount of $600 million.”
Material Agreements
CALIFORNIA WATER SERVICE GROUP entered into Opco Credit Agreement with Bank of America, N.A. (as administrative agent on behalf of a syndicate of banks) valued at $400,000,000 unsecured revolving credit facility, expandable by $150,000,000 (effective 2023-03-31).
“On March 31, 2023 (the "Effective Date"), California Water Service Group, a Delaware corporation (the "Registrant"), and California Water Service Company, a California corporation and a wholly-owned subsidiary of the Registrant ("Cal Water"), entered into the Credit Agreements (as defined below), which provide for unsecured revolving credit facilities of up to an initial aggregate amount of $600 million.”
Material Agreements
CALIFORNIA WATER SERVICE GROUP entered into Holdco Credit Agreement with Bank of America, N.A. (as administrative agent on behalf of a syndicate of banks) valued at $200,000,000 unsecured revolving credit facility, expandable by $50,000,000 (effective 2023-03-31).
“On March 31, 2023 (the "Effective Date"), California Water Service Group, a Delaware corporation (the "Registrant"), and California Water Service Company, a California corporation and a wholly-owned subsidiary of the Registrant ("Cal Water"), entered into the Credit Agreements (as defined below), which provide for unsecured revolving credit facilities of up to an initial aggregate amount of $600 million.”
Earnings Releases
CALIFORNIA WATER SERVICE GROUP reported the fourth quarter and year-end of 2022, ended December 31, 2022 results: revenue $846.4 million, net income $96.0 million, EPS $1.77.
“of this while continuing to provide excellent service to customers and support to our communities,” he said. Additional Financial Results for 2022 Operating revenue in 2022 was $846.4 million, a $55.5 million increase over 2021 operating revenue of $790.9 million. The increase in operating revenue was primarily due to rate increases of $34.5 million, of which $12.6”
Governance Changes
CALIFORNIA WATER SERVICE GROUP: Amended and restated Bylaws to enhance stockholder proposal and nomination procedures, align with Rule 14a-19, and update DGCL provisions (effective 2023-02-22).
“On February 22, 2023, the Board of Directors (the “Board”) of California Water Service Group, a Delaware corporation (the “Company”), adopted an amendment and restatement of the Company’s Amended and Restated Bylaws (as so amended and restated, the “Amended and Restated Bylaws”), effective as of such date”
Paul G. Townsley departed as Vice President, Corporate Development at CALIFORNIA WATER SERVICE GROUP.
“Paul G. Townsley, Vice President, Corporate Development, notified the California Water Service Group (the “Company”) of his intention to retire effective May 1, 2023”
David B. Healey retired as Vice President, Controller and Principal Accounting Officer at CALIFORNIA WATER SERVICE GROUP.
“David B. Healey, Vice President, Controller and Principal Accounting Officer, who notified the Company on June 22, 2022 of his intention to retire at the end of the year.”
Thomas A. Scanlon was appointed as Controller and Principal Accounting Officer at CALIFORNIA WATER SERVICE GROUP.
“Thomas A. Scanlon, age 59, will serve as the Company’s next Controller and Principal Accounting Officer effective January 1, 2023.”
Earnings Releases
CALIFORNIA WATER SERVICE GROUP reported third quarter of 2022, ended September 30, 2022 results: revenue $266.3 million, net income $55.9 million, EPS $1.03.
“efforts, growth in our capital investments, and growth in Texas,” he said. Additional Financial Results for the third quarter of 2022 Operating revenue increased 3.7% to $266.3 million in the third quarter of 2022, an increase of $9.6 million compared to $256.7 million in the third quarter of 2021. The increase was due primarily to rate increases of $12.3”
Lynne P. McGhee retired as Vice President, General Counsel at CALIFORNIA WATER SERVICE GROUP.
“On September 30, 2022, Lynne P. McGhee, Vice President, General Counsel, notified the California Water Service Group (the “Company”) of her intention to retire effective after the close of business on March 31, 2023 (the “retirement date”), with 19 years of service.”
Terry P. Bayer was appointed as Lead Independent Director at CALIFORNIA WATER SERVICE GROUP.
“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.”
Peter C. Nelson departed as Director at CALIFORNIA WATER SERVICE GROUP.
“Peter C. Nelson, who, in accordance with the Board’s retirement age policy, will be retiring as a director at the 2023 Annual Meeting.”
Martin A. Kropelnicki was appointed as Chairman of the Board at CALIFORNIA WATER SERVICE GROUP.
“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”).”
Richard P. Magnuson resigned as member of the Board at CALIFORNIA WATER SERVICE GROUP.
“On September 2, 2022, Richard P. Magnuson notified the Chairman of the Board of Directors (the “Board”) of California Water Service Group (the “Company”) of his decision to resign, effective immediately, from his position as a member of the Board.”
David B. Healey retired as Vice President, Controller and Chief Accounting Officer at CALIFORNIA WATER SERVICE GROUP.
“On June 22, 2022, David B. Healey, Vice President, Controller and Chief Accounting Officer, notified the California Water Service Group (the “Company”) of his intention to retire effective January 1, 2023”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.