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

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, Facebook and LinkedIn.

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