UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
_____________
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): June 3, 2019
Aqua America, Inc.
(Exact Name of Registrant Specified in Charter)
|
Pennsylvania (State or Other Jurisdiction of Incorporation) |
001-06659 (Commission File Number) |
23-1702594 (I.R.S. Employer Identification No.) |
| 762 West Lancaster Avenue | ||
| Bryn Mawr, Pennsylvania | 19010-3489 | |
| (Address of Principal Executive Offices) | (Zip Code) |
Registrant’s telephone number, including area code: (610) 527-8000
__________________________________________________
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||
| Common stock, $.50 par value | WTR | New York Stock Exchange | ||
| 6.00% Tangible Equity Units | WTRU | New York Stock Exchange |
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On June 3, 2019, the Board of Directors (the “Board”) of Aqua America, Inc. (the “Company”) increased the size of the Board to eight members and elected Francis O. Idehen as a member of the Board, to serve for a term expiring at the 2020 Annual Meeting of Shareholders and until his successor is duly elected and qualified. Mr. Idehen was also appointed as a member of the Board’s Audit Committee and Risk Mitigation and Investment Policy Committee. The Board affirmatively determined that Mr. Idehen is independent under the criteria established by the SEC and the New York Stock Exchange.
Mr. Idehen is currently the chief operating officer for GCM Grosvenor, an independent alternative asset management firm, a position he has held since May 2017. Prior to joining GCM Grosvenor, Mr. Idehen held senior roles at Exelon Corporation from June 2011 to May 2017, last serving as its treasurer. Mr. Idehen has a bachelor’s degree in economics from Yale University and an MBA from Harvard Business School.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| AQUA AMERICA, INC. | ||
| June 4, 2019 | By: |
/s/ Christopher P. Luning |
| Name: | Christopher P. Luning | |
| Title: | Executive Vice President, General Counsel and Secretary | |
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