Recent UI News
New Appointments: Steve Lubertozzi & John Hoy
July 12, 2007 -
NORTHBROOK, Ill. – July 12, 2007-- Utilities, Inc. is pleased to announce the following appointments effective immediately --
Steve Lubertozzi has been appointed Chief Financial Officer. Mr. Lubertozzi joined Utilities, Inc. in 2001 as Director of Regulatory Accounting, advancing to Director of Regulatory Matters in March 2002 and Chief Regulatory Officer in June 2006. “Steve’s accomplishments in developing regulatory relationships and rate case planning and execution has been a strong factor in Utilities, Inc.’s success. His knowledge of regulatory accounting requirements, combined with his dedication and commitment to solid corporate accounting principles, makes Steve the perfect person to take on the CFO role” said Larry Schumacher, President and CEO. Prior to joining Utilities, Inc. Mr. Lubertozzi held roles in litigation consulting services and financial analysis at top consulting firms. He is a Certified Public Accountant and holds a bachelor’s degree from Indiana University. In addition, Mr. Lubertozzi is currently enrolled in the J.L. Kellogg Graduate School of Management master’s program at Northwestern University.
John Hoy has been appointed Chief Regulatory Officer, replacing Mr. Lubertozzi. Mr. Hoy joined the company in January 2006 as Regional Vice President of Operations and has quickly proven himself as an asset not just to operations but the company as a whole. “John has shown himself as a strong leader and his vision and performance on strategy development, key business indicators and organizational alignment will be a strong asset for the Utilities, Inc. Executive Team” stated Schumacher. Prior to joining Utilities, Inc., John spent 25 years in a variety of engineering, financial, investor relations and operational roles at We Energies, the largest utility in the state of Wisconsin. He is a Professional Engineer and holds a bachelor’s degree in Civil/Environmental Engineering and an MBA from Marquette University. An announcement regarding John’s replacement will be made at a later date.
Utilities, Inc. was formed in 1965 to provide developers with an alternative method to obtain water and wastewater utility service. Today, Utilities, Inc., a portfolio company of AIG Highstar Capital, through its approximately 90 subsidiaries, operates over 500 utility systems in 17 states and serves over 1 million people.
Utilities, Inc.
Lisa Crossett, 847-498-6440
Fax: 847-498-6498
Email: lacrossett@uiwater.com
UI CFO and CRO (PDF)