RFC Creates Utility Management Consulting Division« All News

June 25, 2010

CHARLOTTE, N.C. – Raftelis Financial Consultants, Inc. (RFC) has formed a new division named SUNESIS to provide management consulting services to the utility industry, with an emphasis on Effective Utility Management (EUM), the emerging management initiative developed by the industry. The name SUNESIS has a Greek origin and means “when knowledge and understanding come together”.

To lead SUNESIS, RFC has hired Darin Thomas, a senior-level consultant. Darin previously served as a Vice President with ARCADIS and has more than 25 years of relevant experience ranging from utility system master planning, performance evaluations and condition assessments, asset management programming, emerging technologies research, pilot testing and full scale implementation. He has been a significant contributor to many of the utility industry’s emerging technologies and services.

“With Darin’s experience in many different facets of the utility industry, he will lead Sunesis in providing expert management advice to our clients,” said Bill Stannard, RFC’s President. “What’s more, he will be supported by RFC’s highly experienced management consulting teams to help utilities address today’s variety of management challenges.”

SUNESIS will draw from RFC’s 17 years of experience in serving utility clients. Since 1993, RFC has provided financial, pricing, and management consulting services to hundreds of utilities across the nation and abroad.

“The effectiveness of any utility’s management system is crucial for the long-term sustainability of its operation,” said RFC CEO George Raftelis. “Through SUNESIS, we will partner with utility clients to help them achieve management excellence. SUNESIS' services will complement RFC’s established focus on the pricing and financial objectives of our clients.”