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Christine Saball Assumes Role as Vice President, Tax for Aqua America as Bill Jerdon Plans Retirement after 23 Years of Service

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Aqua America Inc. (NYSE:WTR) announced today that Christine Saball will
join Aqua as vice president, tax to succeed current VP Bill Jerdon, who
plans to retire July 1.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20190509005096/en/

Bill Jerdon plans to retire from Aqua in July. (Photo: Business Wire)

Bill Jerdon plans to retire from Aqua in July. (Photo: Business Wire)

Saball, a CPA, will report to Chief Financial Officer Dan Schuller and
oversee Aqua's income tax functions with responsibility for tax
planning, reporting, and compliance. She will manage a team assisting in
regulatory filings, performing tax research, and providing budget and
strategic guidance on tax matters.

"Christine has extensive tax experience in the utility industry," said
Schuller. "I am pleased to welcome her to Aqua and know she will help us
continue our commitment to financial performance, transparent financial
reporting and diligent tax compliance."

Prior to joining Aqua, Saball spent 10 years with Connecticut Water
Company, leading the tax department as director since 2014. There, she
was responsible for completing tax filings; developing and implementing
tax strategies that benefit both customers and shareholders; and
properly presenting tax positions in quarterly and annual SEC filings.

Saball is a graduate of Boston University and a member of the American
Institute of Certified Public Accountants, the Tax Executives Institute
and the NAWC Finance Committee and Tax Subcommittee.

Jerdon will retire after an impressive 23-year career with Aqua, serving
as vice president, tax since 2017. Previously, he served as tax
director, having taken on roles of increasing responsibility since
starting his career at Aqua in 1996 as a tax accountant. Jerdon is a
graduate of Philadelphia University.

"Bill has been a respected leader within our finance organization and a
valued member of the Aqua family," Schuller said. "For more than 20
years, Bill has played a critical role in helping Aqua deliver strong
financial performance, which is tied directly to how we are able provide
safe and reliable service to our customers. We congratulate Bill and his
family as they enter their next exciting chapter."

Aqua America is the second-largest publicly traded water utility based
in the U.S., and serves more than 3 million people
in Pennsylvania, Ohio, North Carolina, Illinois, Texas, New
Jersey, Indiana and Virginia. Visit AquaAmerica.com for
more information or follow Aqua on Facebook at
facebook.com/MyAquaAmerica and on Twitter at @MyAquaAmerica.

WTRG

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