American Water Names James Merante as Vice President and Treasurer, Expands Role for Senior Vice President Brian Chin

CAMDEN, N.J.–(BUSINESS WIRE)–American Water (NYSE: AWK), the nation’s largest publicly traded water
and wastewater utility company announced James Merante has been named
vice president and treasurer effective immediately following approval by
the company’s board of directors.

Prior to his current role, Merante was vice president, Internal Audit,
and served as divisional chief financial officer for the company’s
Mid-Atlantic Division. Merante began his career in public accounting
with “Big 4” accounting firm KPMG and held various executive positions
in the media industry including vice president of operations and
director of finance at a large publicly traded media company. He is
licensed as a Certified Public Accountant in Pennsylvania.

The company also expanded Brian Chin’s role as senior vice president of
Strategic Financial Planning to include the Treasury function, where he
had previously served as interim treasurer.

In his current role, Chin leads the company’s financial integration of
strategy, acquisitions, tax and financial planning & analysis. He has
approximately two decades of experience covering the utilities and power
markets, regulatory frameworks and environmental policy. Prior to
American Water, Chin served as the lead utility equity analyst for Bank
of America Merrill Lynch and Citigroup. In that role, he focused on
utilities including water, infrastructure, power generation and
renewables. He has deep experience in financial modeling, valuation and
risk assessments.

Chin received his MBA from the Fuqua School of Business at Duke
University and his undergraduate degree in business from the Haas School
of Business at the University of California, Berkeley.

About American Water

With a history dating back to 1886, American Water is the largest and
most geographically diverse U.S. publicly traded water and wastewater
utility company. The company employs more than 7,100 dedicated
professionals who provide regulated and market-based drinking water,
wastewater and other related services to an estimated 14 million people
in 45 states and Ontario, Canada. American Water provides safe, clean,
affordable and reliable water services to our customers to make sure we
keep their lives flowing. For more information, visit amwater.com
and follow American Water on Twitter,
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and LinkedIn.

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Contacts

Joseph Szafran
External Affairs Manager
856-955-4304
[email protected]

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