American Water is enhancing its leadership with a focus on strategic board expansion. American Water Works Company, Inc. (NYSE: AWK), the largest regulated water and wastewater utility company in the United States, announced the appointment of Lisa A. Grow as an independent member of its Board of Directors, effective August 26, 2025. This move is designed to strengthen the board’s capabilities and underscore the company’s dedication to strong governance.
A Seasoned Utility Leader Joins American Water
Lisa A. Grow brings a wealth of experience to American Water, with nearly four decades spent in the utility sector. Her career has been primarily with Idaho Power, where she currently serves as President and Chief Executive Officer of both IDACORP and Idaho Power, a position she has held since June 2020. Her leadership extends beyond her current role, as she previously served as Senior Vice President and Chief Operating Officer at Idaho Power, starting in April 2016.
Grow’s contributions extend beyond her corporate responsibilities. She also chairs the St. Luke’s Health System Board of Directors in Boise, Idaho, demonstrating her commitment to community health and well-being. Furthermore, she serves on the board of the Salt Lake City branch of the Federal Reserve Bank of San Francisco, highlighting her understanding of economic and financial matters.
Board’s Perspective on the Appointment
The leadership at American Water has expressed considerable enthusiasm regarding the addition of Ms. Grow to the board. Karl Kurz, Board Chair of American Water, stated, “Bringing nearly four decades of experience in the utility industry, coupled with her deep regulatory, customer and operational expertise, Lisa will further strengthen our board, and we look forward to working with her.” This statement underscores the value that Grow’s extensive experience and multifaceted expertise bring to the company.
John Griffith, President and CEO of American Water, echoed Kurz’s sentiment, emphasizing the alignment of Grow’s values with the company’s core principles. Griffith noted, “Her commitment to safety, excellent customer service, and high-performing teams will bring great value to the board and our company.” This alignment suggests a seamless integration of Grow’s leadership style and values into the existing corporate culture at American Water.
Strategic Implications of the Appointment
The appointment of Lisa Grow expands American Water’s Board of Directors to ten members, with nine of them serving as independent directors. This composition reflects the company’s commitment to maintaining a diverse and independent board, which is crucial for ensuring effective governance and oversight. The presence of a majority of independent directors strengthens the board’s ability to provide objective guidance and hold management accountable.
Committee Assignments
In addition to her general board responsibilities, Ms. Grow is expected to contribute her expertise to specific committees within the board structure. She will be involved in the Nominating Committee, which is responsible for identifying and recommending candidates for board membership. Her insights into leadership qualities and industry expertise will be invaluable in this role. Furthermore, she will serve on the Safety, Environmental, Technology and Operations Committee, where her deep understanding of utility operations and regulatory matters will be highly beneficial.
American Water’s Commitment to Excellence
This enhancement to the board underscores American Water’s dedication to maintaining strong leadership and strategic oversight as it continues to provide essential water and wastewater services to over 14 million people across the United States. By strategically expanding its board with experienced and independent directors like Lisa Grow, American Water reinforces its commitment to excellence in all aspects of its operations.
Strengthening Board Governance
The appointment of Lisa A. Grow as an independent director is a strategic move by American Water to further strengthen its board governance. This decision is in line with the company’s ongoing efforts to maintain a high standard of leadership and oversight, ensuring that it is well-positioned to meet the challenges and opportunities of the evolving utility landscape. By bringing in individuals with diverse expertise and a proven track record of success, American Water is solidifying its commitment to delivering value to its customers and stakeholders.
In conclusion, American Water’s strategic appointment of Lisa A. Grow to its Board of Directors signifies a commitment to enhanced governance and operational excellence. Her extensive experience, coupled with the board’s existing expertise, positions the company for continued success in providing essential water and wastewater services across the United States.
