What Happened?
San Jose, -based SJW-Group-and-Connecticut-Water-Service Promoted Suzy Papazian as General Counsel and Corporate Secretary
Date of management change: March 15, 2018
San Jose, -based SJW-Group-and-Connecticut-Water-Service Promoted Suzy Papazian as General Counsel and Corporate Secretary
SJW Group (NYSE: SJW) and Connecticut Water Service, Inc. (NASDAQ: CTWS) have entered a definitive agreement to create the 3rdlargest investor-owned water and wastewater utility in the United States. The new company will serve more than 1.5 million people with over 700 employees across California, Connecticut, Maine and Texas. The combined company would have had operating revenue of approximately $496 million and recurring net income of $74 million based on a 2017 pro forma basis.
Suzy Papazian is General Counsel and Corporate Secretary at San Jose Water. Previously, Suzy held various senior legal leadership roles in the industry.
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