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Global Water Resources, Inc. (NASDAQ: GWRS) (TSX: GWR), a pure water resource management company, has appointed renowned utility industry leader Chris Krygier to the new position of Chief Operating Officer (COO) Did. He previously served as the company’s Chief Strategy Officer since June 2020.
As COO, Krygier will be responsible for managing Global Water’s expanding water and wastewater operations in Arizona, including continuing to oversee Global Water’s business development and regulatory affairs.
Krygier will also continue to lead the company’s acquisition and growth initiatives, building on Global Water’s record of successful acquisitions of 12 utilities acquired in Maricopa, Pinal and Pima counties since 2017.
Over the past three years, he has helped the company acquire seven utilities in Pima County and one utility in Pinal County.company announced Earlier this month, we completed the acquisition of Farmers Water, which added 3,300 active water connections to Pima County.
The company’s president and CEO, Ron Fleming, said: “We continue to be at the forefront of the water management industry.As we continue to improve and grow our core asset base in Arizona and potentially expand throughout the Southwest United States, we look forward to his future in his new role.” I look forward to your contribution.”
Krygier brings to this position more than 15 years of experience in operational management, regulatory strategy, and capital deployment for large-scale projects and transactions, plus multi-state experience and industry knowledge. He has extensive regulatory experience representing utilities in more than 10 states, including power, natural gas, water and wastewater companies. He has also represented utilities on the Arizona Corporation Commission.
Krygier commented: “This includes opportunities at our Arizona Inland Port megasite, which is working to provide water, wastewater and recycled water services to a number of new manufacturing facilities. We will continue to push forward and further our mission to provide safe, high-quality water services to the communities we are privileged to serve.”
Prior to joining Global Water, Krygier served as Operations Director for the Water and Wastewater Utilities division of an investor-owned, publicly traded, multinational renewable energy and regulated utilities conglomerate. He oversaw his 75,000 active water and wastewater connections in Arizona and Texas. He also served as Director of Rates, Regulatory and Government Affairs, and held other positions in a division serving hundreds of thousands of customer connections throughout the Midwestern United States. He played a key role in the acquisition and integration of multi-billion dollar deals related to wind power generation and distribution.
Early in his career, Krygier held several positions of increasing responsibility at American Water, the largest water and wastewater investor-owned utility in the United States. He has also served on numerous public utility and volunteer boards and committees, including the Southern Gas Utilities Association and the Water Utilities Association of Arizona.
He holds a BA in Economics and an MBA in Finance from Arizona State University’s WP Carey School of Business. Previously, he served on the Board of Directors of ASU’s Hispanic Business Alumni Association. He is also a Chartered Management Accountant designated by the Institute of Management Accountants and a CFA credential holder.
