GLOBAL WATER RESOURCES, INC. (NASDAQ:GWRS) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On February 18, 2019 the Board of Directors (the “Board”) of Global Water Resources, Inc. (the “Company”) elected David Rousseau as a member of the Board, effective February 18, 2019. Mr. Rousseau has not been appointed to any Board committees at this time.
There is no arrangement or understanding between Mr. Rousseau and any other person to which he was selected as a director, and Mr. Rousseau does not have any direct or indirect material interest in any transaction required to be disclosed to Item 404(a) of Regulation S-K of the Securities Exchange Act of 1934, as amended.
Mr. Rousseau will receive the same compensation as the Company’s other non-employee directors as described under “Corporate Governance-Compensation of Directors” in the Company’s definitive proxy statement filed with the Securities and Exchange Commission on April 6, 2018.
On February 19, 2019, the Company issued a press release announcing the election of Mr. Rousseau. A copy of the Company’s press release is attached hereto as Exhibit 99.1 to this Current Report on Form 8-K.
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Item 5.02 |
Financial Statements and Exhibits. |
Global Water Resources, Inc. Exhibit
EX-99.1 2 gwrs8-kexhibit991davidrous.htm EXHIBIT 99.1 Exhibit Exhibit 99.1Global Water Resources Appoints David Rousseau to Board of Directors PHOENIX,…
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About GLOBAL WATER RESOURCES, INC. (NASDAQ:GWRS)
Global Water Resources, Inc. is a water resource management company. The Company owns, operates and manages water, wastewater and recycled water utilities in strategically located communities, principally in metropolitan Phoenix, Arizona. The Company focuses on the issues of water supply and scarcity, and applies principles of water conservation through water reclamation and reuse. As of April 28, 2016, the Company owned nine water and wastewater utilities in communities principally in metropolitan Phoenix. As of April 28, 2016, the Company served over 50,000 people in approximately 20,000 homes within its 332 square miles of certificated service areas. The Company is creating renewable water systems where wastewater from homes is treated and used again for various outdoor applications.
