David C Benoit Email & Phone Number

Middlesex County

Serve on audit and finance committees

Greater Hartford

Led 300 team members to deliver high-quality water service to communities while protecting the environment and paying above-average returns to shareholders. Cultivated positive and enduring relationships with investors, regulators and financial communities based upon trust and reliable delivery on promises. Led and directed initiative implementing entity’s first Risk Management Program designed to mitigate entity vulnerabilities. The program, which was board supported, helped develop management capabilities while providing greater transparency to shareholders through increased expansive disclosures. During tenure, Connecticut Water successfully integrated over 20 private water systems in Connecticut and Maine. These acquisitions, all requiring state regulatory approval, solved public health and water supply issues for local communities and allowed for increased access to capital for needed infrastructure investment. Implemented unregulated operations that increased annual revenue approximately 10% through offering of “Service Line Protection Plan” for existing customers.• Shepherded fifth-largest U.S. publicly traded water utility through transformative merger to create second-largest U.S.-based pure-play water utility.• Completed acquisitions that grew assets and customer base 40% during 23-year tenure.• Expanded new business line of unregulated operations.• Market Capitalization of Company grew from $100MM to $700MM during tenure. wholly owned subsidiary of SJW group (NYSE: SJW).

Clinton, Connecticut, United States

Grew the regulated water operations through the acquisitions of over 25 private water systems and increased market capitalization from approximately $200MM to over $500MM. Full financial responsibility for multi state operations, including capital raising efforts, corporate development and regulatory and investor relationships.

Meriden, Connecticut, United States

Led a team responsible for financial planning, budget management, business development, and corporate strategic planning. Directed successful capital deployment in unregulated market expansion as well as development of cogeneration projects.

Master Of Business Administration (Mba), Finance, General

Bachelor'S Degree, Accounting