Daniel Schuller is executive vice president, chief financial officer of Essential Utilities, Inc. (NYSE: WTRG). Upon the closing of Peoples, Essential will become one of the largest publicly traded water, wastewater and natural gas providers in the U.S., serving approximately 5 million people across 10 states.
Schuller is responsible for all financial operations for the organization, including accounting, SEC reporting, financial planning and analysis, tax, treasury, rates, and internal audit. He drives operational performance and growth. In addition, he leads the Company’s communications with its auditors, banks, and rating agencies.
Schuller was instrumental in the development of the Company’s current growth strategy and spearheaded the Company’s expansion from water and wastewater into natural gas. In 2019, Schuller led the efforts for the Company’s successful $2 billion secondary public equity offering and $900 million initial public debt offering to secure financing for the pending Peoples acquisition and other corporate purposes.
Schuller was named to his current role in October 2018. He was previously executive vice president of strategy and corporate development, a role he held since joining the Company in 2015. In that role, Schuller led the development and execution of the Company’s strategic initiatives. He instituted the formal process and framework to drive the municipal acquisition initiative and collaborated with the state teams to structure and value specific acquisition opportunities. Additionally, he played a lead role in redefining the Company’s strategic acquisition effort, including evaluating regulated water and natural gas utility transactions, and he was responsible for the Company’s exit from several non-core, market-based businesses.
Schuller joined the Company from J.P. Morgan Asset Management – Infrastructure Investments Group, where he served as an investment principal from 2007 to 2015, providing strategic leadership as a director of portfolio companies, including SouthWest Water Company and Summit Utilities. Prior to J.P. Morgan, Schuller was a manager at Mars & Co., an international strategy/general management consulting firm.
Education & Community Involvement
Schuller is a graduate of Purdue University, where he earned a B.S., M.S. and Ph.D. in civil engineering. He has participated in continuing financial education at The University of Chicago Booth School of Business. His honors include Phi Kappa Phi, Tau Beta Pi and Chi Epsilon. His volunteer activities have included Guiding Eyes for the Blind, the Salesian High School board of trustees, and various organizations involving Down syndrome and other special needs.