UNITED STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 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) March 21, 2012
AMERICAN STATES WATER COMPANY
(Exact
name of registrant as specified in its charter)
California | 001-14431 | 95-4676679 |
(State or other jurisdiction of |
(Commission File Number) |
(I.R.S. Employer |
630 East Foothill Blvd.
San Dimas, California |
|
91773 |
(Address of principal
|
(Zip Code) |
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 (see General Instruction A.2 below):
⃞ |
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 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)) |
Section 5 - Corporate Governance and Management
Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On March 21, 2012, the Board of Directors of American States Water Company increased the number of directors of the Company to eleven directors in accordance with the provisions of the Company’s Bylaws. The Board elected Sarah J. Anderson as a Class I director of the Company in order to fill the newly created vacancy on the same date, and Diana M. Bontá became a Class II director in connection with the expansion of the Board.
There is no arrangement or understanding between Ms. Anderson and any other person pursuant to which she was appointed as a director of the Company.
Section 9 - Financial Statements and Exhibits
Item 9.01. | Financial Statements and Exhibits. |
Exhibit 99.1 | Press Release dated March 26, 2012. |
A copy of the Company’s press release is attached hereto as Exhibit 99.1.
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.
AMERICAN STATES WATER COMPANY | |
Date: March 26, 2012 | /s/ Eva G. Tang |
Eva G. Tang
Senior Vice President-Finance, Chief Financial |
Exhibit 99.1
American States Water Company Announces Election of New Director
SAN DIMAS, Calif.--(BUSINESS WIRE)--March 26, 2012--Effective March 21, 2012, American States Water Company (NYSE: AWR) (“AWR”) elected Sarah J. Anderson as a director of the Company and its wholly-owned subsidiary, Golden State Water Company.
Following a distinguished 24-year career with the international firm of Ernst & Young LLP, Ms. Anderson retired in June 2008 from the firm as an assurance and advisory services partner, wherein she held numerous leadership positions including managing partner of the Orange County, California office, and prior to that managing partner of the Riverside, California office. She has served a number of clients, both public and private, across various industries including manufacturing, distribution, retail, education, government and service. Among other things, Ms. Anderson currently serves as the audit committee chair of Kaiser Ventures, LLC. She also serves or has served on a number of philanthropic and not-for-profit boards. She is the chair of the board of directors of the Pacific Symphony, an organization she has been involved with for ten years and served as Treasurer prior to taking on the chairmanship. She was appointed by the Governor to the California Board of Accountancy for two four year terms ending in 2014 and has served as president and vice president of the board.
“Ms. Anderson has over 35 years of experience in accounting and financial advisory services,” said Lloyd E. Ross, Chairman of the Board of Directors. “We are delighted to have her join the Board of Directors of the Company, and in particular we look forward to benefitting from Ms. Anderson’s significant financial expertise.”
American States Water Company is the parent of Golden State Water Company and American States Utility Services, Inc. Through its utility subsidiary, Golden State Water Company, AWR provides water service to approximately 1 out of every 36 Californians located within 75 communities throughout 10 counties in Northern, Coastal and Southern California (approximately 256,000 customers). The Company also distributes electricity to over 23,000 customers in the Big Bear recreational area of California. Through its contracted services subsidiary, American States Utility Services, Inc., the Company provides operations, maintenance and construction management services for water and wastewater systems located on military bases throughout the country.
American States Water Company has paid dividends to shareholders every year since 1931, increasing the dividends received by shareholders each calendar year since 1954.
CONTACT:
American States Water Company
Eva G. Tang
Senior Vice
President-Finance, Chief Financial Officer,
Corporate Secretary and
Treasurer
Telephone: (909) 394-3600, ext. 707