American Water CFO Ellen Wolf Named Finalist for CFO of the Year

VOORHEES, N.J.--(BUSINESS WIRE)--American Water Works Company, Inc. (NYSE:AWK), the largest investor-owned U.S. water and wastewater utility company, announced today that its senior vice president and CFO, Ellen Wolf, has been named a finalist in the Philadelphia Business Journal’s 2009 CFO of the Year Award Program. The CFO of the Year finalists will be recognized and the winners will be ranked during an awards ceremony and lunch on July 9, 2009 at the Sheraton City Center Hotel in Philadelphia. Winners will also be profiled in a special section of the July 10 issue of the Philadelphia Business Journal.

The CFO of the Year award program celebrates financial professionals in the Delaware Valley for outstanding performance in their roles as corporate financial stewards. One of the areas for which Wolf is recognized in her nomination is helping to lead America Water’s compliance efforts as it prepared for what was the second largest IPO in 2008, raising $1.25 billion through the sale of 58 million shares. Beyond leading the finance function for the largest investor-owned water and wastewater service provider, Ms. Wolf is noted for serving on several boards including Water For People, a charity dedicated to improving water conditions in developing countries. Wolf was recently selected as a finalist in the NJBIZ CFO of the Year Awards, which are being presented on June 2. She was also recognized by South Jersey Magazine as one of the "Top Business Women" in 2008, which highlights the area’s brightest, most inspirational and accomplished women.

The CFO of the Year Awards is a program of the Philadelphia Business Journal, and is presented by Marsh, with support from Drexel University’s LeBow College of Business. For more information on the program, please visit www.bizjournals.com/philadelphia.

Founded in 1886, American Water is the largest investor-owned U.S. water and wastewater utility company. With headquarters in Voorhees, N.J., the company employs more than 7,000 dedicated professionals who provide drinking water, wastewater and other related services to approximately 15 million people in 32 states and Ontario, Canada. More information can be found by visiting www.amwater.com.