Rick Knowlton retires as president of the Maine Water Company | News

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SACO, Maine–(BUSINESS WIRE)–May 2, 2022–

The Maine Water Company has announced that Richard Knowlton will retire as President of Maine Water, effective June 17, 2022. Knowlton joined what is now Maine Water as Vice President of Operations in 1993 and is became president of the company in 2017.

This press release is multimedia. View the full press release here: https://www.businesswire.com/news/home/20220502005513/en/

Richard Knowlton (left) and Mark Vannoy at Maine Water’s new Saco River Drinking Water Resource Center in Biddeford, Maine. Knowlton is retiring as president of Maine Water on June 17, 2022, after a distinguished 29-year career. Vannoy, vice president of Maine Water, will become president after Knowlton retires. (Photo: BusinessWire)

“Maine Water’s customers and communities will continue to benefit for years from Rick’s commitment to providing high quality water service and his leadership of the Maine Water team in this mission,” said Maureen. P. Westbrook, President of CTWS, which is the New England branch of the SJW Group which includes Maine Water. “He has been ‘the face of Maine Water’ in communities and with state officials for decades and leaves a remarkable legacy investing in drinking water infrastructure to ensure customers have high quality water. quality and excellent customer service. Rick has embraced Maine Water’s commitment to the environment, which will also benefit current and future generations of Mainers.

With his background in engineering, Knowlton has been involved in water infrastructure projects large and small across Maine Water – engaging in planning, construction and regulatory approvals. He worked to ensure that profitable investments were made to improve water quality and improve service in all of Maine Water’s service communities.

Knowlton played a key role in the design and construction of the $7.2 million Mirror Lake drinking water treatment plant completed in 2010 which serves customers in the Camden-Rockland division, and Saco Nearing completion of the $60 million River Drinking Water Resource Center that will replace the 1884 water treatment plant currently serving Biddeford-Saco Division customers. Both of these facilities are built to be energy and operationally efficient, incorporating solar energy into the design of both sites.

In the 29 years that Knowlton has been with Maine Water, or its predecessors, the business has grown from 40,000 people in 16 communities to 80,000 people in 21 communities. In addition, Knowlton has participated in the following investments in the system:

  • 7 new water treatment facilities
  • 9 new water storage tanks; and
  • Installation of over 200,000 feet, or approximately 38 miles, of water main.

After becoming president, Knowlton led Maine Water’s partnership with the Coastal Mountains Land Trust to preserve 1,300 acres of open space on the south side of Ragged Mountain in the communities of Rockport and Hope; the acreage now accommodates part of the Round the Mountain Trail.

Mark Vannoy, vice president of Maine Water, will become president upon Knowlton’s retirement. Prior to joining the company in 2019, Vannoy served on the Maine Public Utility Commission and served as chairman for four years beginning in 2014.

“We are fortunate to have a leader of Mark’s caliber become president,” Westbrook said. “Mark took on increased responsibilities for day-to-day operations while Rick focused on the completion of the new Saco River Drinking Water Resource Center. Mark’s commitment to a culture of service, technical expertise and respect for the environment will serve employees, customers and communities well.She further noted that Mark is a natural to lead the company with his technical background as an engineer and his credibility as a former regulator.

“Maine Water will be in good, capable hands,” Knowlton said. “Mark and I have worked closely together over the past three years, and he is a natural and accomplished leader committed to serving our Maine employees and communities. We will use the next six weeks to meet with local employees and leaders and governments in order to achieve a smooth transition.

Vannoy is a retired United States Navy officer and graduate of the United States Naval Academy; he holds a master’s degree in civil and environmental engineering from Cornell University. He lives in Waldoboro with his family and is active in the local community.

About the Maine Water Company

Maine Water is a wholly owned subsidiary of SJW Group’s New England subsidiary, Connecticut Water Service, Inc. Maine Water and its predecessor companies have served customers in the state of Maine since 1880. The company provides water water to a population of over 80,000. in 21 Maine communities.

About SJW Group

SJW Group (NYSE: SJW) is one of the largest investor-owned water and wastewater utilities in the United States, providing vital, high-quality water service to nearly 1.5 million people. Water utilities locally owned and operated by SJW Group – San Jose Water Company in California, Connecticut Water Company in Connecticut, Maine Water Company in Maine and SJWTX Inc. (dba Canyon Lake Water Service Company) in Texas – own financial strength, operational expertise and technological innovation to deliver exceptional service to customers, protect the environment and provide opportunities for employees. SJW Group remains focused on investing in its operations, remaining actively engaged in its local communities and delivering continued sustainable value to its shareholders. For more information about SJW Group, please visit www.sjwgroup.com.

Forward-looking statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Some of these forward-looking statements can be identified by the use of forward-looking words such as “believes”, “expects”, “may”, “will”, “should”, “seek”, “approximately”, “has intention”, “plans”, “estimates”, “projects”, “strategy” or “anticipates”, or the negative of these words or any other comparable terminology. These forward-looking statements are only predictions and are subject to risks, uncertainties and assumptions that are difficult to predict.

These forward-looking statements involve a number of risks, uncertainties and assumptions, including, but not limited to, the following factors: (1) the effect of government policies and regulations relating to water, utilities, environmental and other services, including actions regarding tariffs, authorized returns on equity, authorized capital structures, capital expenditures and other decisions; (2) changes in demand for water and other services; (3) the impact of the coronavirus (“COVID-19”) pandemic on our business operations and financial results; (4) unforeseen weather conditions and changes in seasonality, including those affecting water supply and customer usage; (5) climate change and its effects; (6) unforeseen costs, charges or expenses; (7) our ability to successfully evaluate investments in new businesses and growth initiatives; (8) contamination of our water supplies and damage to or failure of our water equipment and infrastructure; (9) the risk of work stoppages, strikes and other work-related actions; (10) catastrophic events such as fires, earthquakes, explosions, floods, ice storms, tornadoes, hurricanes, terrorist acts, physical attacks, cyber attacks, epidemics or similar events ; (11) changes in general economic, political, business and financial conditions; (12) the ability to obtain financing on favorable terms, which may be affected by various factors, including credit ratings, changes in interest rates, compliance with regulatory requirements, compliance with the terms and conditions of our outstanding debt; and general market and economic conditions; and (13) legislative and general market and economic developments. Risks, uncertainties and other factors may cause SJW Group’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.

One-quarter results are not indicative of full-year results due to seasonality and other factors. Other factors that could cause actual results, performance or achievements to differ materially are described in SJW Group’s most recent annual report on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K filed with the SEC. Forward-looking statements are not guarantees of performance and speak only as of the date they are made. SJW Group undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

See the source version on businesswire.com: https://www.businesswire.com/news/home/20220502005513/en/

CONTACT: Dan Meaney, April

Director of Corporate Communications and Public Affairs

Connecticut Water Co.

[email protected]

860.664.6016

KEYWORD: UNITED STATES NORTH AMERICA MAINE

INDUSTRY KEYWORD: UTILITIES ENERGY

SOURCE: Maine Water Company

Copyright BusinessWire 2022.

PUBLISHED: 05/02/2022 12:20 PM / DISK: 05/02/2022 12:21 PM

http://www.businesswire.com/news/home/20220502005513/en

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