Aqua America Announces Appointment of Chris Franklin as Chairman of the Board
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Aqua America President and CEO
“This appointment reflects the confidence the board of directors has in Chris, and the respect he has earned through his two years of leadership as president and CEO of Aqua,” said DeBenedictis. “During Chris’ tenure, he has taken clear and decisive action to further ensure the company’s future growth and success. He’s the right person to lead the company, and this combined role will allow him to broaden his leadership and continue to deliver for Aqua's customers, employees and shareholders."
Franklin, a 25-year veteran of Aqua, became CEO when DeBenedictis retired from the role after 23 years. Since then, DeBenedictis served as the company’s chairman, a position he has held since 1993.
“Nick has done a tremendous job leading the Aqua Board of Directors for
more than two decades,” said Franklin. “Under his leadership, Aqua grew
into one of the largest publicly traded water and wastewater utilities
As CEO, Franklin has focused on leading efforts to help solve the
nation’s water and wastewater infrastructure challenges across Aqua’s
eight-state footprint. In Chris’ two and a half years at the helm, Aqua
has welcomed 20,000 new customers and invested about
The company’s new lead independent director expressed enthusiasm in Franklin’s new dual role.
“Chris has a proven track record as a strong and effective leader,” said
Hilferty, president and CEO of
DeBenedictis added, “Richard Glanton was the company’s first named lead independent director and the board is appreciative of his long-standing service as lead director in that role.”
Aqua America Inc.