Delaware | 51-0063696 | |
(State or other jurisdiction of | (IRS Employer | |
incorporation) | Identification No.) |
[ ] 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))
On July 28, 2008, the board of directors of the Company appointed Ms. Julia L. Johnson as an independent director of the Company, effective August 1, 2008, with a term expiring at the 2009 annual meeting of stockholders. Ms. Johnson will serve on the Nominating/Corporate G overnance Committee. In accordance with the Company's current board of directors' compensation arrangement, Ms. Johnson will receive an annual retainer of $14,583 for the remainder of 2008, $2,000 for each board of directors meeting attended, $1,000 for each interim telephonic board meeting attended and $1,500 for each committee meeting attended, as well as reimbursement for expenses incurred in attending board and committee meetings. Ms. Johnson will also be paid additional annual stock compensation for the remainder of 2008 of $16,667: 40% of which will consist of restricted stock units and 60% of which will consist of stock options.
In connection with the appointment of Ms. Johnson, the Company issued a press release on August 1, 2008. A copy of the press release is included as Exhibit 99.2 to this Current Report on Form 8-K and is incorporated herein by reference.
In connection with the appointment of Mr. Lynch, the Company issued a press release on July 28, 2008. A copy of the press release is included as Exhibit 99.1 to this Current Report on Form 8-K.
American Water Works Company, Inc. | ||||||||
Date: August 01, 2008 | By: | /s/ George W. Patrick | ||||||
George W. Patrick | ||||||||
SVP, General Counsel and Secretary | ||||||||
Exhibit No. | Description | |
EX-99.1 | Press Release dated July 28, 2008 | |
EX-99.2 | Press Release dated August 1, 2008 |