In response to the upcoming retirement of Executive Vice President and Chief Financial Officer David Smeltzer, Aqua America has announced a new leadership team.

Daniel Schuller will succeed Smeltzer as CFO, and Matthew Rhodes will join the company to fill Schuller’s current role as executive vice president, writes Donna Rovins at dailylocal.com.

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In his new role, Schuller will oversee all financial functions including accounting, tax, treasury, planning and capital spending, according to a press release. He has served in his current role at Aqua since August 2015.

Rhodes will join Aqua in June. He has spent 11 years with the investment banking division at Goldman Sachs, where he was a managing director with lead coverage responsibility for more than 25 regulated electric and gas utility clients.

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