Megan Mattern Takes on Chief Accounting Role at H2O America
H2O America Welcomes New Chief Accounting Officer
H2O America (NASDAQ: HTO), an industry leader in water and wastewater utilities, has made a significant leadership decision with the appointment of Megan Mattern as Chief Accounting Officer. Mattern is set to officially take on her role, which includes overseeing internal controls, financial reporting, and regulatory compliance, starting July 28, 2025.
The Leadership Transition and Its Significance
The transition in leadership comes at a crucial time for H2O America, as noted by Eric W. Thornburg, the outgoing Chair and President. This marks a period of transformative change, characterized by a focus on growth while ensuring operational excellence. Thornburg emphasized the vital role Mattern will play in this evolution, highlighting her extensive experience in complex and regulated environments that spans nearly two decades.
Megan Mattern's Professional Journey
Before her new responsibilities at H2O America, Mattern served as the Vice President and CFO of UGI International, where she was instrumental in shaping financial strategies across numerous countries. Her leadership facilitated robust growth and improvements in performance metrics, reflecting her commitment to excellence. Mattern’s prior roles in senior financial positions at companies like UGI Energy Services and PPL Corporation have further honed her skills in M&A and financial transformation.
Strengthening H2O America's Operations
As the Chief Accounting Officer, Mattern's insights and strategies are expected to steer H2O America through its next phase of development. Andrew F. Walters, the incoming CEO, expressed confidence in Mattern's ability to enhance their operational efficiencies and further the company mission of delivering sodium-free water and superior customer service.
Educational Background and Community Commitment
Mattern's impressive qualifications include a bachelor's degree in accounting and an MBA, coupled with her status as a licensed CPA. Her participation in various nonprofit boards showcases her commitment to community service and engagement, further aligning with H2O America's core values of responsibility and sustainability.
Future Directions for H2O America
With a broad leadership transition taking place, including the appointment of Andrew F. Walters as CEO following Thornburg’s retirement, H2O America is poised to navigate the complexities of the water utility sector more effectively. The company is committed to investing in critical infrastructure and driving sustainable, long-term value for its stakeholders. This approach emphasizes their dedication to not only providing clean and high-quality water but also building stronger community ties.
About H2O America
As a recognized investor-owned water utility, H2O America (NASDAQ: HTO) has a steadfast commitment to delivering high-quality water services throughout their operational regions. Their dedication goes beyond just utility services, focusing on what really matters: public health, community resilience, and environmental responsibility.
With over 400,000 water service connections, H2O America continues to invest in future-focused infrastructure. Their regional utilities, including Connecticut Water and San Jose Water, operate with the understanding that water is a vital resource that must be safeguarded for future generations.
Frequently Asked Questions
Who is Megan Mattern?
Megan Mattern is the newly appointed Chief Accounting Officer of H2O America, bringing extensive experience in financial management and regulatory compliance.
What will Mattern's role involve?
As Chief Accounting Officer, Mattern will oversee financial reporting, internal controls, and regulatory compliance, essential for the company's growth strategy.
What are H2O America's core missions?
The mission of H2O America is to deliver clean, reliable water while focusing on public health and community engagement.
What recent changes have occurred in H2O America’s leadership?
Andrew F. Walters will transition to CEO following Eric W. Thornburg’s retirement, driving new strategic initiatives alongside Mattern.
How does H2O America support its communities?
H2O America invests in infrastructure to enhance water services and actively engages with local communities to ensure environmental sustainability.
About The Author
Contact Riley Hayes privately here. Or send an email with ATTN: Riley Hayes as the subject to contact@investorshangout.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.