Former AEP CFO Ann Kelly Joins SJW Group as Chief Accounting Officer, Bolstering Leadership Team

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SJW ($NYSE:SJW) Group, a publicly-traded water utility holding company, has recently made a significant addition to their leadership team. The company has appointed Ann Kelly as their new Chief Accounting Officer, a role that will see her oversee the company’s accounting and financial reporting processes. This move is expected to further strengthen SJW Group‘s position in the market and enhance its financial stability. Ann Kelly joins SJW Group with an impressive background in utility finance. Prior to this appointment, she served as the Chief Financial Officer at American Electric Power (AEP) for 15 years. During her tenure at AEP, Kelly played a pivotal role in driving financial growth and stability for the company, making her a highly sought-after candidate for this new role at SJW Group. With her extensive experience in utility finance, Kelly is well-equipped to lead SJW Group’s accounting and financial reporting processes. This appointment comes at a crucial time for the company as it continues to expand its operations and enter new markets.

Kelly’s expertise will be invaluable in navigating the complex financial landscape of the water utility industry and ensuring the company’s financial success. Kelly’s appointment is also a testament to SJW Group’s commitment to building a strong and diverse leadership team. In recent years, the company has made significant efforts to diversify its leadership and bring in top talent from various industries. This strategy has proven successful, with SJW Group consistently reporting strong financial performance and expanding its reach across different regions. With her extensive experience and proven track record in utility finance, Kelly is well-positioned to drive financial growth and stability for SJW Group. Investors can expect to see continued success and growth for the company under Kelly’s leadership.

Price History

This announcement comes after the company’s stock opened at $55.7 on Tuesday, eventually closing at $55.1, representing a 1.08% decrease from its previous closing price of $55.7. Kelly’s addition to SJW Group‘s leadership team is seen as a strategic move to further strengthen the company’s financial management and operations. This includes managing the company’s financial statements, ensuring compliance with regulatory requirements, and implementing strong internal controls. In addition to her impressive background in finance, Kelly is also a strong advocate for diversity and inclusion in the workplace. This aligns with SJW Group’s commitment to fostering a diverse and inclusive culture within the company.

By bringing in a highly qualified and experienced female executive, SJW Group is making a statement about their dedication to promoting gender diversity at all levels of leadership. Overall, the addition of Ann Kelly to SJW Group’s leadership team is expected to have a positive impact on the company’s financial performance and reinforce their position as a leading water utility provider. With her extensive experience and proven track record, Kelly is poised to play a key role in driving SJW Group’s continued success in the industry. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Sjw Group. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Sjw Group. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Sjw Group. More…

Key Ratios Snapshot

Some of the financial key ratios for Sjw Group are shown below. More…

Analysis

After conducting our analysis, we at GoodWhale have determined that SJW GROUP is a strong company with moderate revenue and earnings growth. Based on our Star Chart classification, we have categorized SJW GROUP as a ‘rhino’, meaning it has achieved consistent and steady growth in its financial performance. In terms of its overall welfare, SJW GROUP is a good investment for those looking for long-term stability. Its strength lies in its dividend, profitability, asset, and growth, making it an attractive option for investors seeking a steady return on their investment. However, it is important to note that SJW GROUP has a health score of 4/10 in regards to its cashflows and debt. While this is not the highest score, it indicates that the company is still financially stable and is likely to ride out any potential crises without the risk of bankruptcy. This makes SJW GROUP a relatively safe choice for investors, especially in uncertain economic times. As for the type of investors who may be interested in SJW GROUP, we believe it would appeal to those who value stability and consistent growth over high-risk, high-reward opportunities. This could include more conservative investors or those looking to diversify their portfolio with a reliable company. In conclusion, our analysis shows that SJW GROUP is a strong company with a solid track record of performance and stability. While it may not be the most exciting investment option, it is a dependable choice for those seeking long-term financial growth. More…

Peers

The SJW Group is one of the leading providers of water, wastewater, and energy services in the United States. They face competition from a number of other companies, including American States Water Co, WHA Utilities and Power PCL, and Taizhou Water Group Co Ltd. Each of these companies provides similar services in different areas, and all face the same challenges and opportunities in the industry.

– American States Water Co ($NYSE:AWR)

American States Water Co is a publicly traded water and wastewater service provider, based in San Dimas, California. The company has an impressive market cap of 3.5 billion as of 2022, which is indicative of the company’s high-performance in the market. Additionally, American States Water Co has a Return on Equity of 11.66%, indicating its favorable financial standing. This performance is further supported by the company’s strong financials and efficient operations. The company is also committed to providing safe and reliable water and wastewater services to customers throughout the United States.

– WHA Utilities and Power PCL ($SET:WHAUP)

WHA Utilities and Power PCL is a Thai energy company dedicated to providing reliable and sustainable energy solutions. It has a market capitalization of 15.68 billion baht as of 2022, which is a measure of its value on the stock market. The company has a Return on Equity (ROE) of 4.32%, which indicates its ability to generate a profit from its shareholders’ investments. This metric is considered to be a good indicator of how efficiently the company is utilizing its resources. WHA Utilities and Power PCL has a wide customer base, providing services such as electricity, water, and wastewater treatment. The company has also expanded into renewable energy sources and is committed to reducing the environmental impact of its operations.

– Taizhou Water Group Co Ltd ($SEHK:01542)

TaiZhou Water Group Co Ltd is a Chinese company that specializes in the production and distribution of water and related services. The company has a market cap of 524M as of 2022, which is a significant increase from its market cap of 321M in 2020. This indicates that the company has seen an impressive growth in its stock price over the past two years. Additionally, the company has a Return on Equity of 10.58%, which is a strong indicator of the company’s profitability and efficiency. This is due to the company’s commitment to providing quality products and services to its customers, as well as its focus on innovation and cost-efficiency.

Summary

SJW Group has announced the appointment of Ann Kelly as their new Chief Accounting Officer, bringing in 15 years of experience in utility finance from American Electric Power. This move is seen as a strategic decision to strengthen the company’s leadership team. With Kelly’s expertise, SJW Group is expected to have a more thorough and efficient approach to their financial operations.

This development could potentially boost investor confidence in the company, as having a strong and experienced leadership team is crucial for the success of any business. Investors may also see this as a positive sign for the company’s future financial performance.