John R. Schimkaitis is the former CEO of Chesapeake Utilities Corporation, where he served from 1999 to 2011. He has a Bachelor's degree in Business Administration and close to four decades of experience in the utilities industry, with a significant...
John R. Schimkaitis is the former CEO of Chesapeake Utilities Corporation, where he served from 1999 to 2011. He has a Bachelor's degree in Business Administration and close to four decades of experience in the utilities industry, with a significant part of that time spent in key positions at Chesapeake. Under his leadership, the company grew dramatically, with market capitalization increasing from $95 million in 1999 to around $395 million by 2010. Schimkaitis oversaw major business expansions, including the largest acquisition in the company's history when it merged with FPU in 2009. After his retirement in 2011, he continued to serve as Vice Chairman of the Board, where he played a role in guiding the company's strategic direction. His time at Chesapeake Utilities demonstrated a strong focus on growth and financial performance, critical elements that defined his tenure.