New Jersey American Water Names David Forcinito Vice President of Operations

Rhea-AI Summary

American Water (NYSE:AWK) announced that David Forcinito has been named Vice President of Operations at New Jersey American Water, succeeding Ben Morris. Forcinito will oversee statewide water production, wastewater collection, and field services, serving about 3 million customers across 18 New Jersey counties.

He brings 35+ years of company experience across engineering, maintenance, operations, and fleet leadership, and holds engineering degrees plus New Jersey Professional Engineer and DEP T, W, S, and C operator licenses.

News Market Reaction – AWK

+2.48%

+2.48% Session close to close

In the Jun 9 session, AWK gained 2.48%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement details an internal leadership transition, with a long-tenured executive returning...

Analysis

This announcement details an internal leadership transition, with a long-tenured executive returning to lead New Jersey operations serving about 3 million customers in 18 counties. It follows a series of operational and outreach updates, including resilience achievements and conservation campaigns. With shares trading below the 200-day MA of $132.88 and 17.19% under the 52-week high pre-news, investors may focus on how stable leadership supports ongoing infrastructure, reliability and customer-service initiatives.

Key Figures

Customer base: 3 million customers Service footprint: 18 counties Industry tenure: more than 35 years +5 more

8 metrics

Customer base 3 million customers Statewide operations overseen by new VP of Operations

Service footprint 18 counties New Jersey American Water statewide operations coverage

Industry tenure more than 35 years Forcinito’s career length with New Jersey American Water

Current price $122.45 Price before leadership announcement

52-week high $147.865 Pre-news 52-week range high

52-week low $120.57 Pre-news 52-week range low

Market cap $24,306,566,449 Pre-news market capitalization

Price vs 52-week high -17.19% Distance from 52-week high before this announcement

Historical Context

5 past events · Latest: 2026-06-04 (Neutral)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
2026-06-04	Water conservation push	Neutral	-1.3%	Maryland unit urged wise water use amid severe drought conditions.
2026-06-04	Conservation outreach	Neutral	-1.3%	Virginia subsidiary promoted indoor and outdoor water conservation steps.
2026-06-04	Conference participation	Neutral	-1.3%	Company leaders joined EEI 2026 keynote on power, water and infrastructure.
2026-06-04	Comms leadership hire	Neutral	-1.3%	Iowa American Water named a new Manager of External Communications.
2026-06-03	Resilience goal achieved	Positive	+0.1%	Achieved Utility Resilience Index goal five years early with planned $48B capex.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent informational and strategic updates, including resilience achievements and conservation campaigns, have generally seen small price moves, with one modest positive reaction to a resilience milestone.

Recent Company History

Over the past week, American Water released several operational and outreach updates. Conservation-focused messages in Maryland and Virginia and participation in the EEI 2026 conference coincided with mild share pressure. A management appointment in Iowa and an early achievement of the Utility Resilience Index goal, tied to planned $48 billion in capital improvements, drew only a slight 0.11% gain. Today’s New Jersey operations leadership change fits this pattern of steady, operationally oriented news flow.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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CAMDEN, N.J., June 8, 2026 /PRNewswire/ -- New Jersey American Water recently announced that David Forcinito has been named Vice President of Operations. Forcinito, who most recently served as Vice President of Fleet for American Water, succeeds Ben Morris, who is joining the American Water team as Vice President of Operations for Strategic Programs.

"Dave's deep roots in New Jersey American Water's operations and his decades of hands-on leadership make him exceptionally well suited for this role," said Mark McDonough, president, New Jersey American Water. "We are proud to welcome him back and look forward to the expertise and continuity he will bring to our operations team."

In his new role, Forcinito will oversee the company's statewide operations including water production, wastewater collection, and field services for 3 million customers across 18 counties. Forcinito began his career with New Jersey American Water more than 35 years ago as a project engineer and built his expertise across a range of roles with increasing responsibility, including Operations Superintendent, Maintenance Manager, and Production/Field Operations Manager, before becoming Senior Director of South Operations. He became Vice President of Fleet for American Water in June 2024 and rejoined New Jersey American Water in April.

A lifelong resident of New Jersey, Forcinito holds a Bachelor of Science degree in mechanical engineering from Widener University and a Master of Science degree in water resources and environmental engineering from Villanova University. He is a registered Professional Engineer in the State of New Jersey and holds New Jersey DEP T, W, S, and C operator licenses. He is an active member of the American Water Works Association, the Water Environment Federation, and the American Society of Mechanical Engineers

About New Jersey American Water
New Jersey American Water, a subsidiary of American Water (NYSE: AWK), is the largest regulated water utility in the state with approximately 875 dedicated employees working to provide safe, clean, reliable and affordable water and wastewater services to approximately 3 million people. 

For more information, visit www.newjerseyamwater.com and follow New Jersey American Water on LinkedIn, Facebook, X, and Instagram.

Media Contact:
Damarah Brown
Sr. External Affairs Specialist
New Jersey American Water
Damarah.Brown@amwater.com 

 

View original content:https://www.prnewswire.com/news-releases/new-jersey-american-water-names-david-forcinito-vice-president-of-operations-302794529.html

SOURCE American Water

FAQ

Who is David Forcinito, the new Vice President of Operations at American Water (NYSE:AWK)'s New Jersey American Water?

David Forcinito is the newly appointed Vice President of Operations at New Jersey American Water. According to New Jersey American Water, he has over 35 years with the company in roles spanning project engineering, maintenance, production, field operations, and most recently served as Vice President of Fleet.

What are David Forcinito's responsibilities as Vice President of Operations at New Jersey American Water (NYSE:AWK)?

As Vice President of Operations, David Forcinito oversees New Jersey American Water’s statewide operations. According to New Jersey American Water, his role covers water production, wastewater collection, and field services for approximately 3 million customers across 18 counties, supporting reliable service and operational continuity.

When did David Forcinito assume the Vice President of Operations role at New Jersey American Water (NYSE:AWK)?

David Forcinito rejoined New Jersey American Water in April and now serves as Vice President of Operations. According to New Jersey American Water, this follows his June 2024 appointment as Vice President of Fleet for American Water and marks a return to the New Jersey operations team.

What experience does David Forcinito bring to New Jersey American Water (NYSE:AWK) as Vice President of Operations?

David Forcinito brings more than 35 years of experience at New Jersey American Water. According to New Jersey American Water, he has held roles including Operations Superintendent, Maintenance Manager, Production/Field Operations Manager, Senior Director of South Operations, and Vice President of Fleet for American Water.

What is David Forcinito’s educational and professional background at New Jersey American Water (NYSE:AWK)?

David Forcinito holds a BS in mechanical engineering from Widener University and an MS in water resources and environmental engineering from Villanova University. According to New Jersey American Water, he is a New Jersey Professional Engineer and holds DEP T, W, S, and C operator licenses.

Who did David Forcinito replace as Vice President of Operations at New Jersey American Water (NYSE:AWK)?

David Forcinito succeeds Ben Morris as Vice President of Operations at New Jersey American Water. According to New Jersey American Water, Ben Morris is joining the broader American Water organization as Vice President of Operations for Strategic Programs, reflecting an internal leadership transition.