Jeffry E. Sterba has been leading as the CEO of American Water Works Company since 2010 after transitioning from his role at PNM Resources where he spent almost a decade shaping the utility landscape. With an extensive background in utilities,...
Jeffry E. Sterba has been leading as the CEO of American Water Works Company since 2010 after transitioning from his role at PNM Resources where he spent almost a decade shaping the utility landscape. With an extensive background in utilities, he has pushed American Water Works to focus on both efficiency and customer satisfaction. This has helped the company improve its reputation and financial performance during his leadership. Sterba's annual pay packets reveal interesting fluctuations; in 2012, he earned nearly $3.8 million, but that dropped to about $1 million in 2013 despite maintaining strong operational goals. He has been clear about aligning his compensation with company performance, which brings in accountability and long-term growth. His strategic vision can be seen through his significant stock transactions, consistently reporting values above $6 million in 2019 and 2020. This commitment to the firm shows his belief in the company's future. Overall, Jeffry Sterba is a crucial figure in American Water's journey, driving both its operational and strategic initiatives forward.