New Jersey American Water Appoints New VP of Operations
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
0mins
Source: Newsfilter
- New VP Appointment: New Jersey American Water has appointed David Forcinito as Vice President of Operations, succeeding Ben Morris, who will now serve as Vice President of Operations for Strategic Programs, indicating a strategic leadership transition within the company.
- Extensive Experience: Forcinito brings over 35 years of experience with New Jersey American Water, having held key positions such as Operations Superintendent and Senior Director of South Operations, showcasing his deep industry knowledge and leadership capabilities.
- Broad Customer Coverage: In his new role, Forcinito will oversee operations for 3 million customers across 18 counties, managing water production, wastewater collection, and field services, which is crucial for maintaining the company's service reliability and safety.
- Professional Credentials: Forcinito holds a Bachelor of Science in Mechanical Engineering and a Master of Science in Water Resources and Environmental Engineering, along with a Professional Engineer license in New Jersey, reflecting his strong technical and managerial qualifications.
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Analyst Views on AWK
Wall Street analysts forecast AWK stock price to rise
3 Analyst Rating
0 Buy
2 Hold
1 Sell
Moderate Sell
Current: 124.470
Low
122.00
Averages
129.00
High
139.00
Current: 124.470
Low
122.00
Averages
129.00
High
139.00
About AWK
American Water Works Company, Inc. is a water and wastewater utility company. The Company's primary business involves the ownership of utilities that provide water and wastewater services to residential, commercial, industrial, public authority, fire service and sale for resale customers. The Company also operates other businesses that provide water and wastewater services to the United States government on military installations, as well as municipalities. The Company operates its business through the Regulated Businesses segment. The Regulated Businesses segment includes subsidiaries that provide water and wastewater services to customers in 14 states. The Company's utilities operate in states such as Georgia, Hawaii, Indiana, Iowa, Kentucky, Maryland, Tennessee, Virginia and West Virginia. It also serves commercial customers, fire service customers, industrial customers, public authorities, and other utilities and community water and wastewater systems.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
New Jersey American Water Appoints New VP of Operations
- New VP Appointment: New Jersey American Water has appointed David Forcinito as Vice President of Operations, succeeding Ben Morris, who will take on the role of VP of Operations for Strategic Programs, indicating a strategic leadership transition within the company.
- Extensive Industry Experience: Forcinito brings over 35 years of experience at New Jersey American Water, having held key positions such as Operations Superintendent and Senior Director of South Operations, showcasing his deep expertise and leadership in the water utility sector.
- Broad Service Coverage: In his new role, Forcinito will oversee water production, wastewater collection, and field services across 18 counties in New Jersey, serving approximately 3 million customers, which is crucial for maintaining operational efficiency and service quality.
- Professional Credentials: Forcinito holds a Bachelor of Science in Mechanical Engineering and a Master of Science in Water Resources and Environmental Engineering, along with a Professional Engineer license in New Jersey, highlighting his technical and managerial strengths.
See More
New Jersey American Water Appoints New VP of Operations
- New VP Appointment: New Jersey American Water has appointed David Forcinito as Vice President of Operations, succeeding Ben Morris, who will now serve as Vice President of Operations for Strategic Programs, indicating a strategic leadership transition within the company.
- Extensive Experience: Forcinito brings over 35 years of experience with New Jersey American Water, having held key positions such as Operations Superintendent and Senior Director of South Operations, showcasing his deep industry knowledge and leadership capabilities.
- Broad Customer Coverage: In his new role, Forcinito will oversee operations for 3 million customers across 18 counties, managing water production, wastewater collection, and field services, which is crucial for maintaining the company's service reliability and safety.
- Professional Credentials: Forcinito holds a Bachelor of Science in Mechanical Engineering and a Master of Science in Water Resources and Environmental Engineering, along with a Professional Engineer license in New Jersey, reflecting his strong technical and managerial qualifications.
See More
American Water Charitable Foundation Grants Support Local Initiatives
- Grant Amount: The American Water Charitable Foundation announced over $162,000 in Water and Environment grants to three nonprofit organizations, reflecting the company's commitment to social responsibility and community support in its service areas.
- Educational Lab: The funding will establish a Water Quality Teaching and Research Lab at the University of Tennessee - Chattanooga, enhancing water monitoring and environmental education capacity, thereby providing practical training for students to tackle watershed challenges.
- Community Collaboration: The President of Tennessee American Water emphasized that protecting water resources is a shared responsibility, and the grants will foster collaboration among local organizations and projects, advancing environmental education and conservation efforts to maintain healthy rivers and streams.
- Foundation Impact: Since 2012, the Charitable Foundation has invested over $25 million through grants and matching gifts to support eligible organizations, further solidifying the company's influence and accountability within the communities it serves.
See More
American Water Charitable Foundation Grants to Three Nonprofits
- Grant Amount: The American Water Charitable Foundation announced over $162,000 in Water and Environment grants to three nonprofit organizations, aimed at supporting community development in the company's service area, reflecting the company's commitment to social responsibility.
- Educational and Research Lab: The funding will establish a Water Quality Teaching and Research Lab, enhancing the College of Engineering and Computer Science's capacity for water monitoring and environmental education, thereby providing practical training for students to tackle challenges facing watersheds.
- Environmental Protection Responsibility: The President of Tennessee American Water emphasized that protecting water resources is a shared responsibility, and the funding will advance local organizations and projects that promote environmental education and conservation, ensuring the health of rivers and streams.
- Foundation Impact: Since 2012, the Charitable Foundation has invested over $25 million through grants and matching gifts to support eligible organizations, further solidifying American Water's influence and commitment to sustainable development in communities.
See More
Maryland American Water Urges Water Conservation Amid Drought
- Drought Conditions: Maryland is currently facing severe drought due to three consecutive years of dry weather and below-average rainfall, with national drought coverage reaching its highest level in nearly four years, increasing pressure on local water resources.
- Water Conservation Advocacy: Maryland American Water encourages customers to adopt simple water-saving measures, emphasizing that actions taken at home and outdoors during the summer's high temperatures and increased demand can significantly protect local water supplies and reduce water bills.
- Customer Self-Service: Customers can monitor their water usage through the MyWater self-service portal, which provides up to two years of usage data, helping users manage their water resources effectively and engage in conservation efforts.
- Company Overview: American Water, the largest regulated water and wastewater utility in the U.S., serves approximately 14 million people, with Maryland American Water providing reliable services to about 26,000 residents, highlighting the company's critical role in water resource management.
See More
Maryland American Water Urges Efficient Water Use Amid Drought
- Drought Conditions: Maryland is currently facing severe drought due to three consecutive years of dry weather and below-average rainfall, with national drought coverage reaching its highest level in nearly four years, prompting local water companies to stress the importance of water conservation.
- Water Usage Recommendations: Maryland American Water encourages customers to adopt simple water-saving measures, such as adjusting watering schedules and fixing household leaks, to reduce water bills and protect local water supplies, especially during the summer months when temperatures and demand rise.
- Water-Saving Tips: Customers are advised to water early in the morning or late in the evening to minimize evaporation losses, collect rainwater for outdoor plants, check sprinkler heads to prevent waste, and use brooms instead of hoses for outdoor cleaning, effectively utilizing every drop of water.
- Customer Self-Service: Customers can monitor their water usage through the MyWater self-service portal, which provides up to two years of usage data and information on budget billing and customer assistance programs, further enhancing awareness and action towards water conservation.
See More
New Jersey American Water Appoints New VP of Operations
- New VP Appointment: New Jersey American Water has appointed David Forcinito as Vice President of Operations, succeeding Ben Morris, who will take on the role of VP of Operations for Strategic Programs, indicating a strategic leadership transition within the company.
- Extensive Industry Experience: Forcinito brings over 35 years of experience at New Jersey American Water, having held key positions such as Operations Superintendent and Senior Director of South Operations, showcasing his deep expertise and leadership in the water utility sector.
- Broad Service Coverage: In his new role, Forcinito will oversee water production, wastewater collection, and field services across 18 counties in New Jersey, serving approximately 3 million customers, which is crucial for maintaining operational efficiency and service quality.
- Professional Credentials: Forcinito holds a Bachelor of Science in Mechanical Engineering and a Master of Science in Water Resources and Environmental Engineering, along with a Professional Engineer license in New Jersey, highlighting his technical and managerial strengths.
See More
New Jersey American Water Appoints New VP of Operations
- New VP Appointment: New Jersey American Water has appointed David Forcinito as Vice President of Operations, succeeding Ben Morris, who will now serve as Vice President of Operations for Strategic Programs, indicating a strategic leadership transition within the company.
- Extensive Experience: Forcinito brings over 35 years of experience with New Jersey American Water, having held key positions such as Operations Superintendent and Senior Director of South Operations, showcasing his deep industry knowledge and leadership capabilities.
- Broad Customer Coverage: In his new role, Forcinito will oversee operations for 3 million customers across 18 counties, managing water production, wastewater collection, and field services, which is crucial for maintaining the company's service reliability and safety.
- Professional Credentials: Forcinito holds a Bachelor of Science in Mechanical Engineering and a Master of Science in Water Resources and Environmental Engineering, along with a Professional Engineer license in New Jersey, reflecting his strong technical and managerial qualifications.
See More
American Water Charitable Foundation Grants Support Local Initiatives
- Grant Amount: The American Water Charitable Foundation announced over $162,000 in Water and Environment grants to three nonprofit organizations, reflecting the company's commitment to social responsibility and community support in its service areas.
- Educational Lab: The funding will establish a Water Quality Teaching and Research Lab at the University of Tennessee - Chattanooga, enhancing water monitoring and environmental education capacity, thereby providing practical training for students to tackle watershed challenges.
- Community Collaboration: The President of Tennessee American Water emphasized that protecting water resources is a shared responsibility, and the grants will foster collaboration among local organizations and projects, advancing environmental education and conservation efforts to maintain healthy rivers and streams.
- Foundation Impact: Since 2012, the Charitable Foundation has invested over $25 million through grants and matching gifts to support eligible organizations, further solidifying the company's influence and accountability within the communities it serves.
See More
American Water Charitable Foundation Grants to Three Nonprofits
- Grant Amount: The American Water Charitable Foundation announced over $162,000 in Water and Environment grants to three nonprofit organizations, aimed at supporting community development in the company's service area, reflecting the company's commitment to social responsibility.
- Educational and Research Lab: The funding will establish a Water Quality Teaching and Research Lab, enhancing the College of Engineering and Computer Science's capacity for water monitoring and environmental education, thereby providing practical training for students to tackle challenges facing watersheds.
- Environmental Protection Responsibility: The President of Tennessee American Water emphasized that protecting water resources is a shared responsibility, and the funding will advance local organizations and projects that promote environmental education and conservation, ensuring the health of rivers and streams.
- Foundation Impact: Since 2012, the Charitable Foundation has invested over $25 million through grants and matching gifts to support eligible organizations, further solidifying American Water's influence and commitment to sustainable development in communities.
See More
Maryland American Water Urges Water Conservation Amid Drought
- Drought Conditions: Maryland is currently facing severe drought due to three consecutive years of dry weather and below-average rainfall, with national drought coverage reaching its highest level in nearly four years, increasing pressure on local water resources.
- Water Conservation Advocacy: Maryland American Water encourages customers to adopt simple water-saving measures, emphasizing that actions taken at home and outdoors during the summer's high temperatures and increased demand can significantly protect local water supplies and reduce water bills.
- Customer Self-Service: Customers can monitor their water usage through the MyWater self-service portal, which provides up to two years of usage data, helping users manage their water resources effectively and engage in conservation efforts.
- Company Overview: American Water, the largest regulated water and wastewater utility in the U.S., serves approximately 14 million people, with Maryland American Water providing reliable services to about 26,000 residents, highlighting the company's critical role in water resource management.
See More
Maryland American Water Urges Efficient Water Use Amid Drought
- Drought Conditions: Maryland is currently facing severe drought due to three consecutive years of dry weather and below-average rainfall, with national drought coverage reaching its highest level in nearly four years, prompting local water companies to stress the importance of water conservation.
- Water Usage Recommendations: Maryland American Water encourages customers to adopt simple water-saving measures, such as adjusting watering schedules and fixing household leaks, to reduce water bills and protect local water supplies, especially during the summer months when temperatures and demand rise.
- Water-Saving Tips: Customers are advised to water early in the morning or late in the evening to minimize evaporation losses, collect rainwater for outdoor plants, check sprinkler heads to prevent waste, and use brooms instead of hoses for outdoor cleaning, effectively utilizing every drop of water.
- Customer Self-Service: Customers can monitor their water usage through the MyWater self-service portal, which provides up to two years of usage data and information on budget billing and customer assistance programs, further enhancing awareness and action towards water conservation.
See More
