DOVER, Del., Aug. 9, 2013 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) (" Chesapeake") announced today that John "Jack" Lewnard has joined the Company as Vice President of Business Development. In addition, David De Caro and Gregory Ballheim have both joined the Company as Strategic Development Directors.
As Vice President of Business Development, Dr. Lewnard will identify and develop new business growth opportunities throughout the Company. Prior to joining Chesapeake, Dr. Lewnard was Vice President and Chief Technology Officer of the Gas Technology Institute (GTI), a leading organization serving the global natural gas industry and energy markets, where he led GTI's Office of Technology and Innovation and was responsible for the development and implementation of GTI's long-term technical strategy and business development initiatives.
As Strategic Development Directors, David De Caro and Gregory Ballheim will be responsible for project evaluation and management, participating in the development of strategic growth projects, and ensuring effective day-to-day project management." Chesapeake is increasing resources in our Strategic Development group to further augment our capacity to identify and develop new growth opportunities," said Michael P. McMasters, President and CEO of Chesapeake Utilities Corporation. "The addition of Jack, Dave and Greg to our team greatly enhances our ability to evaluate and build these opportunities to further grow our business. This expansion of our team reflects our relentless commitment to take full advantage of existing and new growth opportunities in our natural gas and energy markets that will benefit our customers, communities and shareholders." Dr. Lewnard has over 30 years of experience in diverse research & development, engineering and business development roles, including commercial development, process and project engineering, and intellectual property management. Prior to joining GTI, he served as Vice President, Process Development, at GreenFuel Technologies Corporation, a privately held company that produced biofuels using carbon dioxide emissions from power plants. Prior to that, he was a Manager for Millipore Corporation, a leader in porous membrane filter technology and product development. He began his career at Air Products and Chemicals, Inc., and progressed to managerial roles in engineering, research, and business development, focusing on alternative fuels, advanced power generation processes, and gas separation systems for nitrogen and hydrogen.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV