American Water Names Eric Palm President of American Water Resources

American Water Works Company, Inc. (NYSE: AWK), the largest investor-owned U.S. water and wastewater utility company, has named Eric Palm as president of American Water Resources. American Water Resources is the company’s homeowner services business, which provides water line, sewer line and in-home plumbing emergency protection programs to 1.6 million residential customers in 43 states.

Palm joins American Water Resources after a successful tenure at Direct Energy, the North American subsidiary of Centrica, a United Kingdom-based, multinational energy and home services company. His most recent role at Direct Energy was as head of the company’s solar operations. He also led several areas of its home service business that involved protection plans, operations, and a customer service call center.

“Eric has more than 25 years of experience, including 13 years in utility home services,” said Deb Degillio, president of American Water Enterprises. “He led the team that launched Direct Energy’s current integrated protection-plan product suite. With his demonstrated success with business growth, sales and marketing, and call center operations, Eric is an ideal fit for this role. We are pleased he has chosen to join our team.”

Palm has also held leadership positions at RLG International, 21st Century Equipment and Mobil Oil Corporation. He is a colonel in the U.S. Army Corps of Engineers and led units in Germany, Panama and Iraq.

“American Water Resources has a great team of dedicated professional who are passionate in educating and providing service to residents enrolled in our service line protection programs,” said Palm. “I am proud to join an organization that is an established leader in the industry and offers such valuable programs to homeowners.”

Palm has a bachelor’s degree in economics from St. John’s University, and a master’s degree in international management from the University of Denver.

About American Water Resources

American Water Resources offers Service Line Protection Programs to homeowners in 43 states and Washington, D.C., and currently services more than 1.6 million contracts. The company has been providing protection programs for more than 15 years, has an A+ Rating from the Better Business Bureau and holds a 97 percent customer satisfaction rating. American Water Resources also provides its Protection Programs to homeowners through municipal partnerships with the New York City Department of Environmental Protection, Orlando Utilities Commission, Nashville Metro Water Services and others. American Water Resources is a subsidiary of American Water, the largest publicly traded U.S. water and wastewater utility company. For more information, visit the American Water Resources website at AWRUSA.com.

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American Water ResourcesRichard G. Barnes, [e-mail]