RFC Hires Industry Leading Rate Consultant and Plans to Open Denver Office« All News

May 31, 2013

Raftelis Financial Consultants, Inc. (RFC) is pleased to announce the hiring of Rick Giardina as an Executive Vice President.

Mr. Giardina is a Certified Public Accountant with more than 34 years of managerial and financial consulting experience in the utility industry. He is a leader in water and wastewater rate design and has helped to develop industry standards by contributing to many articles and manuals, including the rate and finance manuals of the American Water Works Association (AWWA) and the Water Environment Federation (WEF). Most recently, Mr. Giardina served as leader of the financial services consulting practice of a major global environmental engineering design firm. He is currently Vice Chair of the AWWA Rates and Charges Committee, and chaired the Editorial Committee and working group that produced the Sixth Edition of the AWWA M1 Manual, Principles of Water Rates, Fees, and Charges in 2012. Mr. Giardina is also a member of the WEF Utility Management Committee and was appointed to the EPA Environmental Financial Advisory Board in 2011.

This is not the first time that Mr. Giardina and RFC have worked together. Mr. Giardina and George Raftelis, RFC’s founder and current Chairman, worked together in the 80s and early 90s in Ernst & Young’s Environmental Consulting practice, and continued the association in 1993 when RFC was started. In addition, Mr. Giardina has served in leadership positions alongside a number of RFC staff members over the years on various industry association committees.

Mr. Giardina, who lives in the Denver metro area, will head a new RFC office in Denver, Colorado, which will be opening in the near future. This office will help RFC to provide more efficient and effective services to utilities throughout Colorado and the Rocky Mountain region. Mr. Giardina will also continue to serve clients on a national scale, where he has served some of the largest utilities in the country.

“We are delighted to add Rick to the RFC team. Throughout the years, we’ve seen his presence and leadership in the industry, and we know that he will be a great asset to our firm and the clients we serve,” said Bill Stannard, RFC’s President and CEO. “We are also excited about the wealth of knowledge and expertise Rick brings for utilities in Colorado and the Rocky Mountain region. We are looking forward to opening our Denver Office and expanding our services in this region.”

You can contact Rick at rgiardina@raftelis.com or (303) 808-3389.