May 20, 2025, 12:47 PM
May 20, 2025, 12:47 PM

H2O America appoints Andrew F. Walters as CFO and board member

Highlights
  • H2O America appointed Andrew F. Walters as Chief Financial Officer effective July 1, 2025.
  • Walters will also join the H2O America Board of Directors and succeed Eric W. Thornburg as CEO.
  • The leadership transition marks a strategic shift as the company continues to expand its operations and services.
Story

In San Jose, California, on May 20, 2025, H2O America announced significant leadership changes within the company. Andrew F. Walters, who has been with H2O America for over 11 years, has been appointed as the Chief Financial Officer and will also join the Board of Directors, effective July 1, 2025. This change comes as the current President and CEO, Eric W. Thornburg, announced his retirement, which is effective just one day prior on June 30, 2025. Walters has a solid background in utilities and private equity, having played a key role in the company's strategic growth, including a notable $1.1 billion acquisition of Connecticut Water Service, Inc. in 2019. His extensive experience positions him well to lead H2O America as it looks to expand its reach and enhance its service offerings. In his new role, Walters expressed commitment toward strengthening relationships with stakeholders, advancing growth plans, and fostering a culture of service among employees. H2O America serves a customer base of over 1.6 million through its regional utilities, contributing to public health and community vibrancy. The company aims to utilize Walters' insight to continue its mission of providing quality water and service to the local communities they operate in.

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