American Water (NYSE: AWK), the largest publicly-traded U.S. water and wastewater utility company, announced that Linda Sullivan, executive vice president and chief financial officer (CFO), was recognized by the Philadelphia Business Journal as a CFO of the Year honoree. The award honors those executives who exemplify the professionalism, integrity, resilience, mastery of all the financial and people skills that make a great CFO.
“I want to congratulate Linda on this well-deserved recognition,” said Susan Story, president and CEO, American Water. “Linda has made her mark on our company and throughout the water industry, not just through her proven financial expertise and experience, but through her strategic thinking, broad business savvy and leadership capabilities. She is committed and successfully drives toward outstanding service for our customers and communities as well as our investment community.”
In her current role, Sullivan leads American Water’s Finance and Operational Services teams. She has responsibility for all aspects of financial management and strategy, investor relations, treasury, financial planning, accounting, internal audit, risk management, supply chain and facilities management, including the construction of the company’s new corporate headquarters in Camden, NJ.
Sullivan earned her Bachelor of Science degree from Portland State University. She serves on the Board and as Audit Committee Chair of NorthWestern Energy Corporation, and on the Board of the University of Maryland University College Ventures. She is the first investor-owned utility representative serving on the Environmental Protection Agency’s (EPA) Financial Advisory Board.
The Philadelphia Business Journal CFO of the Year Honorees were selected by the Business Journal editorial team from a slate of nominees. Several criteria were used for the selection, including: financial accomplishments, tenure and scope of responsibilities, leadership, respect and influence within the company, community involvement and stewardship of the company’s business model.
Winners will be celebrated at an awards program at The Loews Philadelphia (1200 Market St, Philadelphia, PA 19107) on Thursday, July 12th.