Enhanced Investments - Financial Portal

California Water Service Group Promotes Michael Luu to Vice President, Information Technology & Chief Risk Officer

Published: 2020-12-07 21:30:00 ET

SAN JOSE, Calif., Dec. 07, 2020 (GLOBE NEWSWIRE) -- California Water Service Group (Group) (NYSE: CWT) today announced the promotion of Michael B. Luu to Vice President, Information Technology and Chief Risk Officer, effective January 1, 2021. In this role, Luu will oversee the information technology, cyber security, safety, security, and emergency preparedness functions within Group and its subsidiaries.

Luu currently serves as Vice President, Customer Service and Chief Information Officer, a position he has held since January 2017. Prior to his current position, Luu held various roles within the company, including Vice President, Customer Service and Information Technology; Acting District Manager of subsidiary California Water Service’s Los Altos District; Director of Information Technology; and CIS Development Manager. He has been with the company since 1999.

“While we have long employed a multifaceted approach to risk identification and mitigation, this move reflects the company’s ever-increasing focus on protecting the safety and security of our customers, stockholders, employees, and business,” said President and CEO Martin A. Kropelnicki. “Michael brings a wealth of experience and expertise to this role, having led our efforts in digital and cyber security and other areas of risk, and most recently helping to lead our coronavirus response.”

Luu holds a master’s degree in business administration and a bachelor’s degree in management information systems, both from San Jose State University. He is also a Certified Project Manager, an ISACA Certified Security Manager, and on the San Francisco Bay Area Infragard Board of Directors.

About California Water Service GroupCalifornia Water Service Group is the parent company of California Water Service, Washington Water Service, New Mexico Water Service, Hawaii Water Service, CWS Utility Services, and HWS Utility Services. Together, these companies provide regulated and non-regulated water service to more than 2 million people in California, Washington, New Mexico, and Hawaii. California Water Service Group’s common stock trades on the New York Stock Exchange under the symbol “CWT.” Additional information is available online at www.calwatergroup.com.

Media ContactYvonne Kingmanykingman@calwater.com310-257-1434

Michael Luu

Source: California Water Service Group

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

Important disclosures

Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.

Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities.
Past performance is no guarantee of future results. Any historical returns, expected returns [or probability projections] are hypothetical in nature and may not reflect actual future performance.
All the strategies assume investments in equity invstrumenta only and are more relevant for "agressive investment profile". Eastern European flagship strategy assumes using up to 20% leverage of total portfolio. GlobalCommodities and US Growth strategy currently assume no leverage.
Results for the Enhanced Investments strategies as compared to the performance of Illustrative Benchmarks is for informational purposes only. Our investment program does not mirror that of the Illustrative Benchmarks and the volatility may be materially different from the volatility of Illustrative Benchmarks. Reference or comparison to an Illustrative Benchmark does not imply that strategies of Enhanced Investments will be constructed in the same way as the Illustrative Benchmark or achieve returns, volatility, or other results similar to those of the Illustrative Benchmark. The S&P 500 is an unmanaged market capitalization-weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance.
Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.