California Water Service Group Promotes Michelle Mortensen to Vice President, Corporate Secretary

Rhea-AI Summary

California Water Service Group (CWT) announced the promotion of Michelle R. Mortensen to Vice President and Corporate Secretary, effective January 1, 2021. Mortensen, who has been with the company since 2008 and served as Corporate Secretary since 2015, will oversee internal audit and stock administration while aiding the Board of Directors. Her extensive experience in accounting, finance, and regulatory compliance positions her as a strong fit for this role. CWT provides water service to over 2 million customers across multiple states.

Positive

• Promotion of Michelle R. Mortensen to Vice President, indicating internal growth and stability.
• Mortensen's extensive experience since 2008 boosts corporate governance and compliance.

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• None.

SAN JOSE, Calif., Dec. 07, 2020 (GLOBE NEWSWIRE) -- As part of its move to consolidate oversight of key functional areas, California Water Service Group (Group) (NYSE: CWT) today promoted Michelle R. Mortensen to Vice President, Corporate Secretary, effective January 1, 2021. In her expanded role, Mortensen will be responsible for internal audit, stock administration, and assisting the Board of Directors with governance.

Mortensen, who has served as Corporate Secretary since January 2015, assists with employee benefit plan funding and investments; corporate policies, corporate resolutions, and governing documents; stockholder plan activities; and other corporate and board functions. With the company since 2008, she has also served as Assistant Corporate Secretary, Treasury Manager, Assistant to the Chief Financial Officer, and Regulatory Accounting Manager.

“Michelle’s background and expertise in accounting, finance, and regulatory compliance make her a perfect fit for the expanded duties of this role,” said President and CEO Martin A. Kropelnicki. “She is the consummate professional, and her eye for detail will ensure that we are able to maintain compliance in an increasingly stringent regulatory environment.”  

Mortensen holds a bachelor’s degree in finance from Santa Clara University.

About California Water Service Group
California Water Service Group is the parent company of California Water Service, Washington Water Service, New Mexico Water Service, Hawaii Water Service, CWS Utility Services, and HWS Utility Services. 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

A photo accompanying this announcement is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/35ac44ed-0378-4d41-b37a-d3a8a543f66e

FAQ

What is the significance of Michelle R. Mortensen's promotion at California Water Service Group?

Michelle R. Mortensen's promotion to Vice President and Corporate Secretary strengthens corporate governance at California Water Service Group.

When will Michelle R. Mortensen assume her new role at CWT?

Michelle R. Mortensen will assume her new role effective January 1, 2021.

What company does the stock symbol CWT represent?

The stock symbol CWT represents California Water Service Group.

How long has Michelle R. Mortensen been with California Water Service Group?

Michelle R. Mortensen has been with California Water Service Group since 2008.

What will be Michelle R. Mortensen's responsibilities as the new Vice President?

As Vice President, Mortensen will oversee internal audit, stock administration, and assist the Board of Directors with governance.