Chesapeake Utilities, a diversified utility company, has appointed Thomas Mahn as director of finance. Mahn will oversee all finance, treasury, risk management, and investor relations functions within the company. This includes providing leadership in the areas of corporate financial planning, retirement plan investment management, cash management, risk management compliance and counter party financial relations.
Mahn will oversee the preparation and execution of the company’s financing plans, including securing short- and long-term capital as needed to support the company’s continued growth. He will report directly to Beth Cooper, senior vice president (SVP) and chief financial officer (CFO).
Previously, Mahn was vice president and treasurer for Perdue, a food and agribusiness company with US$5bn in annual domestic and international sales. At Perdue, he provided leadership in corporate finance, cash management, risk management and counterparty and customer financial relations. In addition, he developed and administered corporate policies for risk management, commodity positions, strategic initiatives and employee benefit plans. Mahn held several positions in finance during his 35 year career with Perdue, including treasurer, manager of banking and finance, corporate credit manager and property accounting manager.
Since 1990, Mahn has also served as an adjunct faculty member within the finance department at Salisbury University. Mahn received his MBA from Salisbury University and graduated Summa Cum Laude with a Bachelor of Business Administration – Finance degree from Iona College.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.