Raftelis hires Mastracchio to head new Albany office

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Raftelis Financial Consultants, Inc. (RFC) has announced the hiring of John Mastracchio as a vice president. Mastracchio, who lives in the Albany area, will head up the new RFC office in Albany, N.Y.

Mastracchio has more than 22 years of experience as a financial and management consultant serving the utility, governmental and private sectors. His experience includes financial planning and rate setting, capital financing, asset management, regionalization, litigation support, and transactional consulting, and spans several utility sectors including water, wastewater, electric, solid waste and stormwater, along with consulting for general government, transportation and ports.

“We are thrilled to add John to the RFC team. We have always been impressed by his presence and leadership in the industry, and we know he will provide great value to our clients and our firm,” said Peiffer Brandt, RFC’s president and CEO. “We are also excited about the knowledge and expertise John brings regarding utilities in the Northeast and across the country. We are looking forward to opening our Albany Office and expanding our services in this region.”

RELATED: Raftelis announced Brandt as new president, CEO

Mastracchio is also the vice chairperson of the American Water Works Association’s (AWWA) Finance, Accounting & Management Controls Committee, and a member of the National Council for Public-Private Partnerships and the Rates & Charges committee of AWWA. Mastracchio has earned the Chartered Financial Analyst (CFA) designation, and is also a professional engineer.

Raftelis’ new office in Albany will allow the firm to provide more efficient and effective services to utilities throughout New York and the Northeast. Mastracchio will also continue to assist clients on a national scale, where he has served a diverse group of public entities across the country.

Mastracchio can be reached by email or at (518) 391-8944.

RFC was established by George Raftelis in 1993 to provide financial, rate and management consulting services to water, wastewater and stormwater utilities. RFC has been instrumental in developing utility best practices in the areas of financial planning and rate setting. In addition to serving hundreds of utility clients, RFC has published one of the leading books on utility finance and pricing; provided leadership to relevant utility industry associations; written articles in industry publications; and made numerous presentations regarding financial best practices for utilities. RFC has grown to a staff of more than 70 personnel with 17 offices located across the country. For more, visit raftelis.com.

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