Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

David L. Gadis, 58, has been elected to join the Company's Board of Directors effective January 1, 2021. Mr. Gadis, who will serve on the Company's audit committee, qualifies as an independent director under the standards of the New York Stock Exchange.

Mr. Gadis has served as chief executive officer and general manager of DC Water, one of the largest water utilities in the U.S., since May 2018, where he oversees a $1 billion annual budget and leads a workforce of approximately 1,100 employees. Mr. Gadis is board chair of Blue Drop, DC Water's nonprofit sales and marketing affiliate. Prior to joining DC Water, Mr. Gadis served as chief executive officer and president of Veolia Water Indianapolis, a subsidiary of Veolia Group, the global leader in optimized resource management (listed on Paris Euronext:VIE), from December 1998 until January 2017.

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