Sheree Petrone Email & Phone Number

Philadelphia, Pa, Us

Chesapeake Utilities Corporation (NYSE:CPK) is a diversified energy delivery company engaged in distribution of natural gas, propane gas and electricity; the transmission of natural gas; generation of electricity and steam; mobile compressed natural gas (CNG) solutions; and other businesses. Delivering energy that makes life better for the people and communities served, a leader in delivering energy that contributes to a sustainable future.

Chadds Ford, Pa

Providing advisory services to help clients develop strategies for growth, evaluate options for value creation during periods of change and structure commercial transactions to maximize long-term value and mitigate risk.

Philadephia, Pa

Houston, Tx, Collinsville, Il, Cincinnati, Oh

Led the retail power business with an EBITDA contribution of $155 million and free cash flow of $140 million over three years. Split time between St. Louis, MO, Cincinnati, OH, and Houston, TX.■ Saved $60 million in hedging expenses by eliminating wholesale transaction and capital costs.■ Conducted an assessment of the U.S. retail energy market; developed a vision and roadmap for growth.■ Expanded business in existing markets and to Massachusetts and Pennsylvania; 1.2 million customer accounts under contract, an increase of 0.8 million since 2013, which includes 560 communities and 30,000 commercial and industrial accounts.■ Earned J.D. Power award for “Highest Residential Satisfaction with Retail Electric Service in Ohio” and ranked No. 1 in Retailer Overall Customer Satisfaction scores in DNV GL channel partner survey in 2016.■ Successfully integrated two retail acquisitions and standardized business process across all regions to operate on a scalable best-in-breed infrastructure.■ Designed a streamlined 75-person organization operating at lowest cost by industry standards.■ Created and implemented the initial retail strategic plan approved by Dynegy’s Board of Directors to build a profitable stand-alone business while hedging market risk for the generation portfolio and providing value to customers; created a regional operating model to drive customer focus and the corporate governance structure.

Houston, Texas Area

Joppa, Il

Electric Energy, Inc. owns and operates coal- and gas-fired power generation in Southern Illinois, jointly owned by Dynegy, Inc. and Kentucky Utilities Company.

Constellation, Baltimore, Md

Following merger of Constellation Energy with Exelon 2012, led integration of marketing and wholesale trading organization for merged company, with $5 billion revenue stream and 2,300 employees.■ Implemented 165 initiative with focus on high-risk processes.■ Collaborated with IT leadership to integrate systems, including the Energy Trading and Risk Management system and related processes, with $25 million cost-to-achieve.

Power Team, Kennett Square, Pa

Led commodities trading team; oversaw $700 million budget; responsible for delivering and hedging natural gas, coal and oil supply for power generation and retail customers. ■ Team executed rail transportation agreement, resulting in $7 million in annual savings, and in-sourced retail natural gas supply function, resulting in $10 million in annual savings.■ Established governance and oversight for fuels proprietary trading function. ■ Created trading limits by market, product and job category. ■ Performance improved from below budget in 2010 to on‑track in 2012.

Exelon Energy, Kennett Square, Pa

Led retail energy company with $1 billion annual revenue in Illinois, Michigan and Ohio service territory. ■ Expanded business across all regions and into Pennsylvania, resulting in 20% growth over three years.■ Drove more competitive price and product offerings to large commercial and industrial customers by integrating retail mid- and back-office functions with wholesale trading and risk control function.■ Designed and staffed 50-person business operation at wholesale trading location in Pennsylvania. ■ Led organization in Illinois through a one-year phase-out.■ Designed and implemented $37 million IT platform for billing, pricing, customer care, and re-engineered business process to increase efficiency and reduce error.■ Resolved all previous legal and accounting issues to meet Sarbanes-Oxley and Generally Accepted Accounting Principles requirements.■ Assessed and developed strategy to turn around retail business during tenure as newly appointed Director, Office of President, Energy Trading and Marketing, Power Team, which began Q4, 2004.

Hamilton, Bermuda

ATNP Finance Company provides financing services to Exelon subsidiaries.

Philadelphia, Pa

Led integration of Finance and Planning function for Exelon Delivery Companies upon merger with Unicom.■ Managed business planning for electric and gas transmission and distribution business serving 1.5 million customers.■ Evaluated long-term strategies and the impact on shareholder value in federal- and state-regulated environment.■ Provided analysis to support rate-making, project evaluation, risk management and obligations to bondholders.

White Plains, Ny

■ Managed valuation of acquisition candidates in $1 billion range, $500 million equity commitment from foreign shareholder.■ Managed engineering, tax, accounting and appraisal efforts to structure transaction and secure investor commitment.■ Prepared long-range projections of 12 subsidiaries to price company’s IPO. ■ Interfaced with executive management/subsidiary presidents to prepare plans for development of cogeneration projects in North America.

Philadelphia, Pa

■ Developed financial and risk analysis for waste-to-energy and cogeneration projects, including development of $150 million Grays Ferry cogeneration plant.■ Supported negotiation of operating agreements.■ Provided analysis of financial impact on customers, shareholders; prepared justification for regulatory filing.

Broomall, Pa

Responsible for financial planning and analysis of domestic and international fossil turbo-generator service contracts, and financial evaluation and integration of acquisitions to implement balance-of-plant services strategy.

Master Of Business Administration - Mba, Finance

Investments

Bachelor Of Arts - Ba, Chemistry, Art History

Executive Education, The General Management Program, 7Th Graduating Class

Executive Education, Exelon Leadership Institute

Executive Education, Mobilizing And Connecting The Talent Of The Private Sector To Serve The Community.

Mobilizing and connecting the talent of the private sector to serve the community.