Aqua America Appoints Richard Fox As COO - Quick Facts

(RTTNews) - Aqua America, Inc. (WTR) CEO Christopher Franklin announced the appointment of former Regional President Richard Fox as executive vice president or EVP and chief operating officer or COO. Fox will replace Franklin whose appointment to CEO was effective July 1. As COO, Fox will be responsible for Aqua America's regulated operations, including engineering and environmental compliance.

Franklin also appointed Daniel Schuller to the new position of executive vice president, strategy and corporate development.

Fox has been regional president for Aqua America since January 2012. Prior to assuming the role of regional president, Fox was vice president, customer operations, where he was responsible for all customer service operations for Aqua America's regulated operating subsidiaries, including the company's national customer call centers, national meter operations, and company-wide billing and collections.

Schuller will be responsible for assisting the chief executive officer with developing, communicating, executing, and sustaining Aqua's strategic initiatives, with an emphasis on growth. Additionally, he will be responsible for the company's overall corporate development including acquisitions of regulated and market-based businesses.