American Water CEO Hardwick to retire

American Water (AWK) announced that M. Susan Hardwick will retire May 14, 2025, the date of the company’s annual shareholder meeting. She will be succeeded by John C. Griffith, currently President of American Water. Hardwick joined American Water as CFO in 2019 as one of the utility industry’s most seasoned and respected financial experts. In February 2022, she was named President and CEO. “On behalf of the American Water Board of Directors, I thank Susan for her tremendous leadership over the past six years,” said Karl Kurz, Chair of the American Water Board of Directors. “Under her leadership as CEO, the company solidified its position as a top tier performer on earnings and dividend growth, increased its ten-year capital plan to $42 billion to support decades of needed infrastructure renewal, and led American Water’s efforts to help our country address water and wastewater challenges, closing over 100 acquisitions across 12 regulated states. She did all this while always living up to the company’s values.”