SOURCE: California Water Service Group

California Water Service Group

February 26, 2014 15:27 ET

California Water Service Group Announces Election of Terry P. Bayer to Board of Directors

SAN JOSE, CA--(Marketwired - Feb 26, 2014) -  California Water Service Group (NYSE: CWT) today announced the election of Terry P. Bayer, 63, to the company's Board of Directors, effective March 1, 2014.

As Chief Operating Officer of Molina Healthcare, Inc., Bayer brings more than 30 years of healthcare management experience to the position. Molina Healthcare is a managed care company that provides Medicaid and Medicare related solutions to meet the health care needs of low-income individuals and families.

"Ms. Bayer will be an excellent addition to our Board. Her experience and highly respected track record as the top operating executive at a large public company will serve us well. Additionally, her unique understanding of health care management and excellent customer service will complement the remarkable expertise of the talented professionals currently serving on our board of directors," said Board Chairman Peter C. Nelson.

As Chief Operating Officer, Bayer is responsible for operational oversight of Molina Healthcare's health plans in eleven states, as well as provider payment and customer services. Prior to assuming the role of Chief Operating Officer, she served as Executive Vice President of Health Plan Operations. Her previous experience includes management positions at FHP and AccentCare, Inc. 

Bayer holds a Juris Doctor degree from Stanford University, a Master's degree in Public Health from the University of California, Berkeley, and a Bachelor's Degree in Communications from Northwestern University. 

California Water Service Group is the parent company of California Water Service Company, Washington Water Service Company, New Mexico Water Service Company, Hawaii Water Service Company, Inc., CWS Utility Services, and HWS Utility Services, LLC. Together these companies provide regulated and non-regulated water service to approximately 2 million people in more than 100 California, Washington, New Mexico and Hawaii communities. Group's common stock trades on the New York Stock Exchange under the symbol "CWT."

This news release contains forward-looking statements within the meaning established by the Private Securities Litigation Reform Act of 1995 ("Act"). The forward-looking statements are intended to qualify under provisions of the federal securities laws for "safe harbor" treatment established by the Act. Forward-looking statements are based on currently available information, expectations, estimates, assumptions and projections, and management's judgment about the Company, the water utility industry and general economic conditions. Such words as expects, intends, plans, believes, estimates, assumes, anticipates, projects, predicts, forecasts or variations of such words or similar expressions are intended to identify forward-looking statements. The forward-looking statements are not guarantees of future performance. They are subject to uncertainty and changes in circumstances. Actual results may vary materially from what is contained in a forward-looking statement. Factors that may cause a result different than expected or anticipated include but are not limited to: governmental and regulatory commissions' decisions, including decisions on proper disposition of property; changes in regulatory commissions' policies and procedures; the timeliness of regulatory commissions' actions concerning rate relief; new legislation; changes in accounting valuations and estimates; the ability to satisfy requirements related to the Sarbanes-Oxley Act and other regulations on internal controls; electric power interruptions; increases in suppliers' prices and the availability of supplies including water and power; fluctuations in interest rates; changes in environmental compliance and water quality requirements; acquisitions and our ability to successfully integrate acquired companies; the ability to successfully implement business plans; changes in customer water use patterns; the impact of weather on water sales and operating results; access to sufficient capital on satisfactory terms; civil disturbances or terrorist threats or acts, or apprehension about the possible future occurrences of acts of this type; the involvement of the United States in war or other hostilities; restrictive covenants in or changes to the credit ratings on our current or future debt that could increase our financing costs or affect our ability to borrow, make payments on debt or pay dividends; and, other risks and unforeseen events. When considering forward-looking statements, you should keep in mind the cautionary statements included in this paragraph. The Company assumes no obligation to provide public updates of forward-looking statements.

1720 North First Street
San Jose, CA 95112-4598

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