Aqua America Announces the Appointment of New Investor Relations Director
BRYN MAWR, Pa., Jul 02, 2007 (BUSINESS WIRE) -- Aqua America, Inc. (NYSE: WTR) announced today the appointment of Kevin Brophy as director, Investor Relations. Mr. Brophy takes the place of Christopher Purtill, who resigned to pursue a new role in the equity research field.
"I am pleased to bring Kevin's broad range of operating, financial and professional experience to this important role," said Aqua America Chairman and CEO Nicholas DeBenedictis. "Kevin has made significant advancements within the organization and his prior investor relations experience will allow him to hit the ground running. Kevin's expertise will be an asset to our thriving Investor Relations program, which was ranked 39th in the country by IR Magazine in 2007. I would also like to congratulate Christopher in his new venture to the equity research field."
Mr. Brophy joined Aqua in November 1994, and has held numerous positions with increasing responsibility over the years. His positions include investor relations associate (2001), senior investor relations associate (2003) and corporate development director for Aqua Texas (2005). Each role has required increased financial expertise as well as a greater understanding of the unique regulated utility business model. Prior to these professional roles, Mr. Brophy held various operations positions in the company's southeastern Pennsylvania region.
In his new role, Mr. Brophy will oversee Aqua's Investor Relations program including increasing the company's visibility with institutional and retail investors, promoting the company's mission and objectives and explaining Aqua's financial performance.
Mr. Brophy, who grew up in Delaware County, Pennsylvania, earned a Bachelor of Science in Business Administration from Villanova University. He currently lives in Philadelphia.
Aqua America is a publicly-traded water and wastewater utility holding company with operating subsidiaries serving approximately 2.8 million residents in Pennsylvania, Ohio, North Carolina, Illinois, Texas, Florida, New Jersey, New York, Indiana, Virginia, Maine, Missouri, and South Carolina. Aqua America is listed on both the New York and Philadelphia Stock Exchanges under the ticker symbol WTR.
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SOURCE: Aqua America, Inc.
Aqua America, Inc. Kevin Brophy, 610-645-1020 Director, Investor Relations kmbrophy@aquaamerica.com or Terry Maenza, 610-645-1175 Senior Communications Specialist tmmaenza@aquaamerica.com
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