DOVER, Del., March 28, 2016 /PRNewswire/ -- Chesapeake
Utilities Corporation (NYSE: CPK) ("Chesapeake") announced today
that Naimul Islam has joined the
Company as Vice President and Corporate Controller. In this role,
he will manage all of Chesapeake's accounting operations, including
corporate accounting, internal and external financial reporting,
business unit accounting, accounts payable, capital accounting,
income taxes and shared services-accounting.
Mr. Islam has over 20 years of broad based experience in
accounting, financial reporting and governance, technical
accounting research, operational finance, budgeting, forecasting,
enterprise risk management, performance management and
benchmarking, finance organizational transformation and financial
systems planning. He has experience with several regulated
and unregulated energy companies and has served in a strategic
financial advisory role in most of his previous positions.
"Naimul's extensive experience with utilities coupled with his
broad accounting and financial experience and his reputation as a
finance transformational leader make him an ideal fit for
Chesapeake," said Beth Cooper,
Senior Vice President and Chief Financial Officer for Chesapeake.
"Our Company is experiencing tremendous growth internally as well
as externally, and we are delighted that Naimul has joined our
team. We are excited about the opportunity to further
transform the accounting organization under Naimul's leadership to
meet our current and expected future growth."
Mr. Islam comes to Chesapeake from SourceGas, a GE Energy and
Alinda Capital-owned regulated and non-regulated utility based in
Golden, Colorado where he was the
Corporate Controller – Accounting. As a key member of the Executive
team, he led the transformation of the accounting organization into
a "best in class" position in terms of accounting, reporting,
advisory and financial operations, which better aligned with the
company's strategic objectives and GE's leadership
philosophy. He also guided the establishment and ongoing
evolution of the organization's accounting principles, practices
and procedures associated with its financial records and controls
as well as the preparation of its financial reports for regulators,
bankers and the respective SEC filings.
Prior to SourceGas, Mr. Islam was with Southern California
Edison for over 10 years. While there, he served as the Affiliate
Controller and Principal Manager of Accounting where he managed all
accounting functions. He also held the positions of Senior Manager
– Financial Information Services, Senior Manager – Financial
Analysis, and Manager – Business Planning. Prior to his time with
Southern California Edison, Mr. Islam held previous financial
positions with Ernst & Young, Edison Enterprises and Northeast
Utilities.
Mr. Islam earned his Bachelor of Science with Distinction in
Electrical Engineering from the University of
Maine, and his Masters of Business Administration in Finance
and International Business from New York
University. He also holds Harvard Business School
Certificates in Strategy Formulation & Execution and
Operations.
Chesapeake Utilities Corporation is a diversified energy company
engaged in natural gas distribution, transmission, gathering and
processing, and marketing; electricity distribution; propane gas
distribution and wholesale marketing; and other businesses.
Information about Chesapeake Utilities Corporation and the
Chesapeake family of businesses is available at www.chpk.com.
For more information,
contact:
Beth
W. Cooper
Senior Vice President & Chief Financial Officer
Chesapeake Utilities Corporation
302.734.6799
bcooper@chpk.com
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SOURCE Chesapeake Utilities Corporation