SHARONVILLE, Ohio, Sept. 14, 2012 /PRNewswire/ -- RelaDyne LLC, the equipment reliability management company that delivers broad-based lubrication products and services, hired Paul Helton on July 9, 2012, to take responsibilities as Chief Financial Officer (CFO). Helton is coming from Petermann Partners, the largest privately held provider of school bus transportation services in the world, where he had been Vice President and CFO since 2005.
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As CFO at Petermann, Helton had many tasks, including completing a five roll up acquisition of top 50 school bus contractors and structuring deals to take advantage of various tax planning strategies saving the company over $1 million in annual taxes.
At RelaDyne, Helton's main priority is to build a finance organization that will provide support to the company in achieving its very exciting growth objectives. "I am impressed with the quality of our people and their level of total commitment to helping RelaDyne achieve its high growth objectives," states Helton. "I am very excited about being a member of such a highly motivated team and look forward to providing the financial leadership to achieving our goals." His other duties consist of responsibilities for the financial operations of the business including accounting operations, treasury, financial planning and analysis, banking and investor relations.
"We are eager to have Paul join our team at RelaDyne," states Larry Stoddard, President and CEO of RelaDyne. "He comes to us with superior experience and is going to be a vital part in our financial growth going forward."
Paul is a 1987 graduate from the University of Kentucky where he received a Bachelor of Science in Accounting. He continues to maintain his Certified Public Accountant (CPA) certification and resides in Villa Hills, Kentucky.
About RelaDyne
RelaDyne, LLC, headquartered in Cincinnati, Ohio, is an industry leading lubricants and fuel distributor providing integrated equipment reliability management products and services for industrial, commercial, transportation and automotive businesses in the United States. Four industry leaders – Mid-Town Petroleum, Inc. (Bridgeview, IL), Oil Distributing Company (Cincinnati, OH), The Hurt Company, Inc. (Houston, TX) and Pumpelly Oil Company LLC (Sulphur, LA) – joined to form RelaDyne on Nov. 8, 2010. Its innovative Field Reliability Management (FRM) platform of services is designed to enhance the operations of companies involved in process manufacturing, utilities, food and beverage processing, mining equipment and commercial fleets. The company also benefits from the support of its business-building partner, AEA Investors LP, which manages funds worth approximately $5 billion of invested and committed capital. For more information, visit www.RelaDyne.com.
Media Contact:
Walt Rodgers
Vice President of Human Resources
RelaDyne LLC
50 E Business Way Suite 420
Sharonville, Ohio 45241
513 489-6000 office
513-489-0401 fax
SOURCE RelaDyne, LLC
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