New Raftelis Board Directors Bring Experience and Vision

February 02, 2021

With a focus on providing solutions to local governments and public sector utilities, Raftelis recently set out to evolve its Board of Directors to bring in additional visionary leadership and has elected three new Board Directors.

Laura Bowles is the Chief Financial Officer (CFO) of Movement Mortgage. Previously, she was CFO of General Bank Products and Distribution for Wachovia. She also has experience at other companies including Bank of America, Citi, Liz Claiborne, JP Morgan, and Merrill Lynch.

Andre Powell is transitioning to a new position as Director of Finance for United Rentals after serving as Vice President of Finance for Operations and Quality for Collins Aerospace. Before that, he was the Executive Assistant to the Chairman and CEO of United Technologies Corporation.  He is currently a member of the national Board of Directors of INROADS.

John Mastracchio joined Raftelis in 2017 as a Vice President and has 25 years of experience as a financial and management consultant serving the utility, governmental, and private sectors.  He holds the Chartered Financial Analyst (CFA) designation, is a Series 50 Municipal Advisor Representative, and is also a licensed professional engineer.  Mastracchio is the chairperson of American Water Works Association’s Finance, Accounting, and Management Controls Committee.

“We are pleased to welcome Laura and Andre as new external directors to the Raftelis board, and we know John’s engaged leadership style will be very useful to us,” said Peiffer Brandt, Raftelis CEO and president. “They join the Raftelis board at an exciting time. We are expanding our services and growing into new markets to help our clients solve their financial, organizational, and technology challenges.

Raftelis regularly evaluates its board composition to ensure that it includes a diverse range of experience and perspectives to drive value for its clients. Both Bowles and Powell are located in Charlotte, NC, near Raftelis’ headquarters. Mastracchio runs the firms’ Northeast regional office.