Chesapeake Utilities names new transformation and accounting officers

Chesapeake Utilities Corporation (NYSE: CPK) announced two leadership appointments effective April 1. Michael Galtman, previously senior vice president and chief accounting officer, will assume the role of chief transformation officer to oversee the company's enterprise resource planning implementation while managing financial planning, corporate development, tax and treasury operations.

Melissa Barnes, who joined the company on March 30, has been appointed vice president and chief accounting officer. Barnes will be responsible for the company's accounting and financial reporting functions.

"These appointments reflect our focus on transformative growth and our long-term succession planning efforts," said Jeff Sylvester, senior vice president and incoming chief financial officer, according to the company's statement.

Galtman brings more than two decades of financial leadership experience in publicly traded, regulated energy industry environments. Since joining Chesapeake Utilities in 2019, he has guided the company through accounting, regulatory and governance matters, including the Florida City Gas acquisition in late 2023. Previously, Galtman served as chief accounting officer and vice president at Sunoco Logistics and MBNA, where he integrated nearly $3 billion in acquisitions and led an SAP implementation.

Barnes has more than 20 years of experience in technical accounting, external reporting and finance transformations. She most recently served as assistant controller at a global publicly traded company, where she led accounting operations and provided oversight of Audit Committee communications. Barnes holds a Bachelor of Science in Accounting from West Chester University of Pennsylvania and has completed executive education at Yale School of Management.

Dover, Delaware-based Chesapeake Utilities is a diversified energy delivery company that offers natural gas transmission and distribution, electricity generation and distribution, propane gas distribution, and mobile compressed natural gas utility services.

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