PHOENIX, June 12, 2017 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ:GWRS), (TSX:GWR), a pure-play water resource management company, has promoted the following company members:
- Jeff Risenmay promoted to vice president, in addition to his role as controller
- Jon Corwin promoted to vice president, in addition to his role as general manager
- Joanne Ellsworth promoted to vice president of Corporate and Regulatory Affairs, who was previously director of Corporate and Regulatory Affairs
- Jason Thuneman promoted to vice president of Project Management Office, who was previously director of Project Management Office
“As we continue to grow and expand, we recognize our corporate structure also needs to accommodate and prepare for this growth,” said Ron Fleming, CEO of Global Water. “These four long-time, highly-capable, dedicated and accomplished team members were ideal candidates to assume greater responsibility and oversight of our day-to-day operations as we execute on our ambitious plans, including strategic acquisitions.”
Promoted Employees Bios
Jeff Risenmay, vice president and controller of Global Water, has served as controller since January 2014. Risenmay has more than 12 years of accounting experience, including participation in the merger of two waste management companies, the acquisition and merger of a small start-up software company, and the private placement of $400 million in senior secured notes. He began his career in accounting as an auditor with Deloitte and Touche. Risenmay holds a Bachelor of Science in Accounting and Master of Accountancy from Brigham Young University. He is a member of the American Institute of Certified Public Accountants.
Jon Corwin, vice president and general manager of Global Water, has served as the general manager since September 2013. He previously held roles as regional manager and operations program manager of the Maricopa-Casa Grande utilities. Earlier, he served as a civil engineering officer in the U.S. Air Force, where his primary duties included managing infrastructure construction and maintenance at multiple Air Force bases. While in the Air Force, he served in a variety of capacities, including civil construction, base utility engineer, maintenance engineer, and emergency manager in both stateside and deployed locations. Corwin holds a degree in Civil Engineering from the U.S. Air Force Academy, with an emphasis in structural engineering. He also holds a MBA from Arizona State University’s W.P. Carey School of Business. Corwin currently serves on the board of directors of the Central Arizona College Foundation and the Economic Development Group of Eloy.
Joanne Ellsworth, vice president of Corporate and Regulatory Affairs of Global Water, joined the company in 2011. She has 17 years of experience as an attorney, with her practice focused primarily on economic development, infrastructure financing and construction, condemnation, and zoning. She worked with various clients to negotiate, draft and implement contracts, memorandums of understanding, ordinances, and other documents concerning real estate, economic development, construction, human resources, and zoning. Ellsworth is a member of the Missouri Bar, a graduate of the University of Kansas and the University of Missouri Kansas City – School of Law (UMKC).
Jason Thuneman, vice president of the Project Management Office (PMO) of Global Water, has served as the director of the PMO since 2013. The PMO is responsible for Development Services, Engineering and Construction, and certain activities related to large-scale permitting and other corporate projects. Previously, he held various roles at Global Water, including implementation manager of the Technology and Software Development division, manager of Development Services, and project manager of Engineering and Construction where he deployed over $100 million in capital projects for Global Water’s regulated utilities. Prior to Global Water, Thuneman achieved experience and knowledge in the commercial and industrial industries working as project manager and engineer for multiple contractors, constructing over $45 million in infrastructure and facilities. He holds a Bachelor of Science in Construction Management with an emphasis in Business Administration and Business Management from the College of Engineering at Northern Arizona University.
About Global Water Resources
Global Water Resources, Inc. is a leading water resource management company that owns and operates 10 utility companies which provide water, wastewater and recycled water services. The company’s service areas are located primarily in growth corridors around metropolitan Phoenix. Global Water recycles nearly 1 billion gallons of water annually. To learn more, visit www.gwresources.com.
Cautionary Note Regarding Forward-Looking Statements
This press release includes certain forward-looking statements which reflect the Company's expectations regarding future events. The forward-looking statements involve a number of assumptions, risks, uncertainties, and other factors that could cause actual results to differ materially from those contained in the forward-looking statements. These forward-looking statements include, but are not limited to, statements concerning, future net income growth, our strategy, our dividend policy, trends relating to population growth, active connections, regulated revenue, housing permit projections, and other statements that are not historical facts as well as statements identified by words such as "expects", "anticipates", "intends", "plans", "believes", "seeks", "estimates", or the negative of these terms, or other words of similar meaning. These statements are based on our current beliefs or expectations and are inherently subject to a number of risks, uncertainties, and assumptions, most of which are difficult to predict and many of which are beyond our control. Actual results may differ materially from these expectations due to changes in political, economic, business, market, regulatory, and other factors. Accordingly, investors are cautioned not to place undue reliance on any forward-looking statements, which reflect management’s views as of the date hereof. Factors that may affect future results are disclosed under the headings “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our filings with the Securities and Exchange Commission (the "SEC"), which are available at the SEC's website at www.sec.gov. This includes, but is not limited to, our Annual Report on Form 10-K for the year ended December 31, 2016 which was filed with the SEC. We undertake no obligation to publicly update any forward-looking statement, except as required by law, whether as a result of new information, future developments or otherwise.