San Jose Water Company Promotion Letter for Andrew Gere to President and COO

Contract Categories: Human Resources › Employment Agreements
Summary

San Jose Water Company has promoted Andrew Gere to President and Chief Operating Officer, effective March 14, 2016. His annual base salary will increase to $365,000, while all other compensation terms remain unchanged from his previous 2016 compensation letter. The letter, signed by the Chairman and CEO, formally acknowledges the promotion and expresses appreciation for Mr. Gere's contributions.

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EX-10.2 2 sjw-33116xex102.htm ANDY GERE PROMOTION TO PRESIDENT AND COO Exhibit

Exhibit 10.2










March 14, 2016


Andrew Gere
Chief Operating Officer
San Jose Water Company


Dear Andrew:

I am pleased to inform you that San Jose Water Company’s Board of Directors, at their meeting held on March 14, 2016, approved your promotion to President and Chief Operating Officer of San Jose Water Company effective as of March 14, 2016.

In addition to the increased responsibility and authority that accompanies your new position, your annual base salary will be increased to $365,000. All other components of your compensation will remain as stated in your 2016 compensation letter dated December 21, 2015.

Personally, and on behalf of San Jose Water Company’s Board of Directors, please accept our gratitude for your outstanding work to date. Congratulations on this important career milestone, and I look forward to working with you in your new capacity.


Very truly yours,

/s/ W. Richard Roth

W. Richard Roth
Chairman & Chief Executive Officer