Aqua America Announces Officer Promotions in Finance Arena
BRYN MAWR, Pa.--(BUSINESS WIRE)--
The chief financial officer at Aqua America, Inc. (NYSE: WTR) announced
today that Bill Jerdon and Bill Packer have each been promoted to vice
"Under their leadership, both Bill Jerdon and Bill Packer have
contributed to Aqua's solid financial reputation, which ensures our
continued ability to provide safe and reliable service to our
customers," said Dave Smeltzer, executive vice president and CFO. "It's
my pleasure to recognize their dedication, expertise and potential with
these well-deserved promotions."
Smeltzer said both promotions serve to distinguish Jerdon and Packer as
exemplars of Aqua's commitment to transparent financial reporting.
Jerdon, now vice president, taxes, oversees Aqua's income tax functions
with responsibility for tax planning and compliance. He and his team
also assist in regulatory filings, perform tax research, and provide
budget and strategic guidance. Prior to his promotion as an officer,
Jerdon served as tax director for three years. He has also served as
manager and director of taxation, and came to Aqua in 1996 as a tax
accountant. Jerdon graduated from Philadelphia University.
Packer is now vice president, controller for Aqua's Pennsylvania and New
Jersey subsidiaries. Packer has a significant role overseeing regulatory
filings, planning, budgeting, and financial reporting for Aqua
Pennsylvania and Aqua New Jersey. He leads a team of accountants,
controllers, and financial analysts who support the company's two
northeast subsidiaries. Packer joined Aqua in 2005 as New Jersey's
regional director of accounting, soon becoming the assistant controller.
Since then, Packer has served as director of rates, manager of rates and
planning, and controller. He's a graduate of the Richard Stockton
College of New Jersey.
Aqua America is one of the largest U.S.-based, publicly traded water
utilities and serves nearly 3 million people in Pennsylvania, Ohio,
North Carolina, Illinois, Texas, New Jersey, Indiana and Virginia. Aqua
America is listed on the New York Stock Exchange under the ticker symbol
WTR. Visit AquaAmerica.com
for more information.
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Aqua America, Inc.
Source: Aqua America, Inc.
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