July 24, 2014 5:29 PM ET

Water Utilities

Company Overview of Global Water Resources, Inc.

Company Overview

Global Water Resources, Inc., a water resource management company, owns and operates regulated water, wastewater, and recycled water utilities primarily in metropolitan Phoenix, Arizona. The company also develops and markets FATHOM Utility-to-Utility solutions, which offer an integrated suite of cloud-based geo-spatial advanced technology-enabled platforms that provide third party services to municipalities and private utilities, including customer information system, advanced metering infrastructure, and asset management and computerized maintenance management solutions. Global Water Resources, Inc. was founded in 2003 and is based in Phoenix, Arizona.

21410 North 19th Avenue

Suite 201

Phoenix, AZ 85027

United States

Founded in 2003

63 Employees

Phone:

623-580-9600

Fax:

623-518-4100

Key Executives for Global Water Resources, Inc.

Interim Chief Executive Officer
Chief Financial Officer and Senior Vice President
Vice President of Accounting
Chief Technology Officer and Senior Vice President of Compliance & Regulatory Affairs
Age: 52
Executive Vice President of Investor Relations and Director
Age: 52
Compensation as of Fiscal Year 2014.

Global Water Resources, Inc. Key Developments

GWR Global Water Resources Corp. and Global Water Resources, Inc. Announces Changes in Management Team

GWR Global Water Resources Corp. and Global Water Resources, Inc. announced the expected changes associated with their executive management transition and succession plan. Ron Fleming, President and Chief Operating Officer of Global Water Resources, Inc. has been appointed as interim CEO for both companies. Trevor Hill, Chairman of the Board, has stepped down as Chief Executive Officer of GWR Global Water Resources Corp. Cindy Bowers has completed her four year commitment to serve as Chief Financial Officer and will transition to Executive Vice President of Investor Relations for the remainder of the year, as well as remain on the Board of Directors for Global Water Resources, Inc. Mike Liebman will succeed her as Senior Vice President and Chief Financial Officer. Ron Fleming has worked with Global Water for ten years, during which time he has directly managed all areas of the business. For the past four years he has run the entire utility division, making him exceptionally experienced and uniquely qualified for this role. Mike Liebman came to Global Water with more than 14 years of finance and management experience and has demonstrated his expertise and strength since joining the Company in October 2013.

Global Water Receives Rate Case Recommended Opinion and Order

GWR Global Water Resources Corp. and Global Water Resources, Inc. announced it received the Recommended Opinion and Order (ROO) from the Arizona Corporation Commission (ACC) Administrative Law Judge (ALJ) in the rate case involving seven Global Water regulated utility subsidiaries. The issuance of the ROO by the ALJ is the last major milestone before the rate case is presented to the ACC Commissioners, who must approve the settlement before it will take effect. The ROO from the ALJ follows a proposed settlement agreement between Global Water and ACC Staff, the Residential Utility Consumers Office (RUCO), the City of Maricopa, and others originally announced on August 13, 2013.

GWR Global Water Resources Corp. and Global Water Resources Announce Management Changes

GWR Global Water Resources Corp. announced that Global Water Resources, Inc. has sold a majority interest in its Smart Grid for Water Platform, FATHOMTM. XPV Capital and other investors will acquire a majority interest in FATHOMTM, through a partnership structure, and provide additional capital to fuel its growth, eliminating the need for further investment from Global Water. Trevor Hill, President and CEO of GWR Global Water Resources Corp. and Global Water will ultimately move to the role of Chairman of GWRC and Global Water. Effective at closing, he has also assumed the role of Executive Chairman of FATHOM.

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