American Water said Wednesday that Susan Hardwick, its executive vice president and chief financial officer, has been appointed as interim CEO, as its CEO and president, Walter Lynch, has been hospitalized and is now recovering from an injury.
This action permits Lynch to focus on his full recovery and allows the business to operate without interruption during this time.
“Our primary concern is the well-being of Walter as he focuses on his health,” said Karl Kurz, chairman of American Water’s board of directors. “The company has executed its business continuity plan and I, along with the board, have full confidence in Susan Hardwick and American Water’s management team as the company continues to provide essential services to its customers across the U.S.”
The company will communicate updates as appropriate.