American Water appoints new senior VP and CFO

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VOORHEES, NJ, March 12, 2014 -- American Water Works Company Inc. (NYSE:  AWK), the largest publicly traded U.S. water and wastewater utility company, will soon appoint Linda G. Sullivan as senior vice president and chief financial officer -- effective on Friday, May 9, 2014. Sullivan will succeed Susan Story, who will become American Water's president and chief executive officer. Sullivan will join the company on Monday, April 28, and will serve in an interim role to ensure a smooth transition to her new role as CFO as Story moves into her new role as CEO. Story is replacing current president and CEO Jeff Sterba, who is retiring on May 9.

Sullivan has served as CFO of Southern California Edison since 2009 and adopted additional responsibility for operational support activities in 2012. Prior to becoming CFO, Sullivan was vice president and controller of both Edison International and Southern California Edison for five years. Here, she led quarterly audit committee responsibilities, directed corporate accounting functions, and was involved with Securities and Exchange Commission (SEC) compliance, general ledger, accounts payable and receivable, fixed assets, payroll, tax, financial information systems, and external audits.

Sullivan was assistant controller of Edison International from 2001 through 2005. Prior to 2001, she held a variety of lead financial roles at a number of Edison's businesses, including retail subsidiaries providing home security, energy efficiency and operations and maintenance services; and a research and development startup focused on distributed generation, smart-grid technologies, solar rooftop installations, and electric vehicle charging stations. From 1991 to 1996, Sullivan performed finance and accounting functions at the corporate level and within an operating business unit at the utility. 

Before starting her career at Edison International, Sullivan was a senior auditor with Arthur Andersen, LLP, for three years. She is involved in a variety of charitable activities and serves on two boards. She is also the chair of the finance committee on the board of Crystal Stairs, Inc., a $90-million non-profit organization assisting working families with child-care services in underserved communities of Los Angeles County, and a member of the board of Executive Services Corps, which provides coaching, consulting and capacity building to nonprofits throughout southern California. Sullivan has been a Certified Public Accountant since 1991 (inactive) and a Certified Management Accountant since 1995.  She earned her Bachelor of Science degree from Portland State University.

About American Water

Founded in 1886, American Water (NYSE: AWK) is the largest publicly traded U.S. water and wastewater utility company.  With headquarters in Voorhees, N.J., the company employs approximately 6,600 dedicated professionals who provide drinking water, wastewater and other related services to an estimated 14 million people in more than 40 states and parts of Canada. More information can be found at www.amwater.com.  

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