Floyd E. Wicks served as the President and CEO of American States Water Company in 2008 after over 20 years in management, showcasing his expertise in guiding water utility services. He has a solid educational background with a Bachelor's Degree...
Floyd E. Wicks served as the President and CEO of American States Water Company in 2008 after over 20 years in management, showcasing his expertise in guiding water utility services. He has a solid educational background with a Bachelor's Degree in Business Administration. During his last year leading the company, Wicks earned a total annual compensation of nearly $926,065, comprised of a salary, bonus, and other benefits. Notably, he played a critical role in transitioning leadership when Robert J. Sprowls was appointed as his successor taking over on January 1, 2009. After stepping down, Wicks did not just leave the company entirely; he continued to serve as a director and remained engaged as a consultant to assist in operations. This shows his commitment to the company’s future even after his executive role ended. Beyond his direct contributions to the company, Wicks has been an active participant in shaping compensation strategies for executives, ensuring they are aimed at performance and aligned with shareholder interests. His tenure illustrates the importance of leadership continuity and the challenges of managing public utilities in a shifting market.