DOVER, Del., March 7, 2014 /PRNewswire/ -- Chesapeake
Utilities Corporation (NYSE: CPK) ("Chesapeake") announced today
that Mark Eisenhower has joined the
Company as Vice President of Strategic Planning and Development.
In his new role, Mr. Eisenhower will play a critical leadership
role in the development of the Company's strategic plan.
Specifically, working on converting strategic growth goals into
specific business opportunities. In collaboration with other
leaders, he will be responsible for facilitating business
acquisitions or development projects through the various stages of
a transaction including integration into the Company. He will
develop and manage the business development pipeline and
collaborate with business units on new and existing business
opportunities.
"Chesapeake is continuing to build our Strategic Development
group to facilitate our investments in business opportunities in
both new and existing markets," said Michael P. McMasters, President and CEO of
Chesapeake Utilities Corporation. "Mark is a good fit for our team
and his experience and energy expertise will greatly benefit our
customers, communities and shareholders."
Mr. Eisenhower has over 25 years of experience in the energy
industry in areas such as marketing and trading,
exploration and production, power generation, and mergers and
acquisitions. Prior to joining the Chesapeake team, Mr. Eisenhower
worked for Pace Global, A Siemens Business, as Vice President
and Managing Director. As a member of the senior management team,
he provided transaction and support services to a wide range of
clients and oversaw sales for Pace Global's energy consulting and
management services.
"This is an exciting time for Chesapeake as we continue to work
together to identify new business opportunities and transform them
into profitable growth," said Elaine B.
Bittner, Senior Vice President, Strategic Development.
"Mark's expertise in successfully shaping corporate strategies and
executing on strategic initiatives makes him a great addition to
our team."
Early in his career, Mr. Eisenhower started a natural gas
marketing company affiliated with The Eastern Group. Creating
its strategic vision and business plan, sales grew to over
$100 million with positive net income
each year and Inc. Magazine listed the company as one of
America's fastest growing private companies five years in a
row. Mr. Eisenhower next held various positions within
Statoil working with the firm during a a climb in sales to
$4 billion and spearheaded a
subsequent divestiture of the company's assets.. During this
time, he created strategic plans and operational strategies and
managed the sales and integration of companies and business units
as necessary. In 2003, Mr. Eisenhower formed Xebec Ventures,
which invested in mid-market companies with growth potential. He
grew sales of one company from $10
million to over $25 million in
two years and doubled its EBITDA.
Mr. Eisenhower earned a Bachelor of Science in Marketing
Management from the Virginia Polytechnic
Institute and State University – Pamplin College of
Business, and an Executive Education Program from
Duke University – Fuqua School of Business.
Chesapeake Utilities Corporation is a diversified energy company
engaged in natural gas distribution, transmission and marketing;
electricity distribution; propane gas distribution and wholesale
marketing; advanced information services and other related
services. Information about Chesapeake Utilities Corporation and
the Chesapeake family of businesses is available at
http://www.chpk.com.
For more information, contact:
Elaine Bittner
Senior Vice President, Strategic Development
Chesapeake Utilities Corporation
302.734.6799
ebittner@chpk.com
SOURCE Chesapeake Utilities Corporation