California Water Service Group Announces Nomination of Dr. Yvonne A. Maldonado for Election to Board of Directors

Rhea-AI Summary

California Water Service Group (NYSE: CWT) has nominated Dr. Yvonne A. Maldonado as an independent director for election at the 2021 Annual Meeting scheduled for May 26, 2021. Dr. Maldonado, a pediatric infectious diseases expert and professor at Stanford University, has advised the company on pandemic response. Group Chairman Peter C. Nelson emphasized her extensive knowledge in infectious disease control as a valuable addition to the Board, aiming to enhance diversity in thought and experience. This nomination is seen as a strategic move to strengthen leadership and insight into health-related matters.

Positive

• Dr. Maldonado's expertise in infectious diseases may enhance the company's pandemic response strategy.
• The nomination aims to diversify the Board, which can lead to improved decision-making and representation.

Negative

• None.

SAN JOSE, Calif., April 14, 2021 (GLOBE NEWSWIRE) -- California Water Service Group (Group) (NYSE: CWT) announced today the nomination of Dr. Yvonne (Bonnie) A. Maldonado, 65, as an independent director for election to the company’s Board of Directors. The election will be held at Group’s 2021 Annual Meeting on May 26, 2021.

A pediatric infectious diseases epidemiologist and the Taube Professor of Global Health and Infectious Diseases at Stanford University School of Medicine, Maldonado is also the medical director of Infection Prevention and Control and an attending physician at Packard Children’s Hospital at Stanford. She is a professor in the Departments of Pediatrics and Health Research and Policy; chief of the Division of Infectious Diseases; director of Global Child Health; and senior associate dean for faculty development and diversity at Stanford’s School of Medicine. Maldonado, who is also currently the chair of the American Academy of Pediatrics Committee on Infectious Diseases and a member of numerous medical associations and committees, has been advising Group on its pandemic response.

According to Group Chairman Peter C. Nelson, Maldonado will bring a unique perspective and valuable insight to the utility.

“Dr. Maldonado is internationally acclaimed for her knowledge, research, and expertise in infectious disease control and international health,” Nelson said. “As we seek diversity of thought, skills, backgrounds, and experiences to maintain a balanced and effective Board, I am confident that Dr. Maldonado will serve our customers, communities, employees, and stockholders well.”

About California Water Service Group
California Water Service Group is the parent company of regulated utilities California Water Service, Washington Water Service, New Mexico Water Service, and Hawaii Water Service. Together, these companies provide regulated and non-regulated water service to more than 2 million people in California, Washington, New Mexico, and Hawaii.  California Water Service Group’s common stock trades on the New York Stock Exchange under the symbol “CWT.” Additional information is available online at www.calwatergroup.com.

Media Contact
Yvonne Kingman
ykingman@calwater.com
310-257-1434

FAQ

What is the significance of Dr. Maldonado's nomination to California Water Service Group?

Dr. Maldonado's nomination is significant as it brings expert knowledge in infectious diseases, which may enhance the company's pandemic response and overall governance.

When will the election for Dr. Maldonado's position on the Board take place?

The election for Dr. Maldonado's position on the Board will take place during the Annual Meeting on May 26, 2021.

What qualifications does Dr. Maldonado have for the Board position at CWT?

Dr. Maldonado is a pediatric infectious diseases epidemiologist and a professor at Stanford University with extensive experience in public health and infectious disease control.

How does Dr. Maldonado's nomination impact shareholders of CWT?

Dr. Maldonado's nomination could positively impact shareholders by potentially improving the company's pandemic strategies and overall governance through her expertise.