Recent UI News
Utilities, Inc. Appoints New Chief Financial Officer
May 4, 2009 -
FOR IMMEDIATE RELEASE
Larry Schumacher, President & CEO Utilities, Inc. (847) 498-6440 LNSchumacher@uiwater.com
Utilities, Inc. Appoints New Chief Financial Officer
NORTHBROOK, Ill. (May 4, 2009) - Utilities, Inc. (UI), a national water and wastewater service corporation, is pleased to announce the appointment of Jim Japczyk as Chief Financial Officer.
“We are excited about Jim joining Utilities, Inc.,” said UI’s President & CEO, Larry Schumacher. “Jim’s knowledge and previous experience should prove to be immediately beneficial to UI. He understands the complexities of heading-up the accounting and finance departments for a company our size, and has the appropriate skill set to help move the Company forward and achieve its goals. I am looking forward to having Jim as a member of our executive team.”
Jim’s 28 years of financial experience include nine years in the position of CFO for two mid-sized companies in the Chicagoland area. Recently, he led the financial and accounting areas of a private equity owned business. During this time he was instrumental in improving the overall financial and operational performance of the business. His expertise includes cash flow analysis and financial modeling while working with several data platforms including Oracle, our new platform we recently installed. Prior positions as Controller and Chief Accounting Officer provided full responsibility for all accounting and financial operations. Jim is a CPA and earned an MBA from DePaul University.
About Utilities, Inc.:
Utilities, Inc. was formed in 1965 to provide developers with an alternative method to obtain water and wastewater utility service. Today, Utilities, Inc., one of the largest privately owned water and wastewater utilities in the United States, is a portfolio company of Highstar Capital, and through its approximately 90 subsidiaries, operates over 500 utility systems in 15 states and serves over 300,000 customers.
For more information, contact:
Larry Schumacher, President & CEO Utilities, Inc. (847) 498-6440 LNSchumacher@uiwater.com
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2335 Sanders Rd. Northbrook, IL 60062 P: 847-498-6440 F: 847-498-6498
Utilities Inc CFO Release 5-4-09.pdf (PDF)