American Water recognized on Fortune’s Modern Board 25 ranking

First utility to be honored on the ranking

Camden-based American Water recently said it was named on Fortune’s Modern Board 25 ranking, recognizing the most innovative Boards of Directors among S&P 500 companies.

The Top 25:
No. 1 F5
No. 2 Linde
No. 3 S&P Global
No. 4 Gen Digital
No. 5 Baker Hughes
No. 6 Newmont
No. 7 HP
No. 8 Robert Half International
No. 9 Bristol-Myers Squibb
No. 10 Walgreens Boots Alliance
No. 11 Schlumberger
No. 12 Citigroup
No. 13 Intel
No. 14 American Water Works
No. 15 Hasbro
No. 16 Danaher
No. 17 Amazon
No. 18 Intuit
No. 19 Cognizant Technology Solutions
No. 20 Waters
No. 21 Microsoft
No. 22 Ralph Lauren
No. 23 Elevance Health
No. 24 Stanley Black & Decker
No. 25 Freeport-McMoRan

“American Water is honored to be recognized on Fortune’s Modern Board 25, a testament to the strength of our diverse Board,” Susan Hardwick, president and CEO, American Water said. “Achieving and maintaining gender parity and diversity at the Board level is important for the company and we are proud that American Water’s Board of Directors reflects diversity on several levels.”

The 25 companies included in the Fortune Modern Board 25 ranking were in the top quartile of the S&P 500 in board effectiveness, diversity, tenure, financial performance, and vulnerability to activism, positioning them well strategically for long-term, sustainable growth.

Additionally, American Water was recently recognized by 50/50 Women on Boards™ for its Gender-Balanced Board of Directors and in 2022 named Champion of Board Diversity by The Forum of Executive Women for the sixth consecutive year.